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NewBridge Bancorp (NewBridge Bancorp) Preferred Stock : $0.0 Mil (As of Sep. 2015)


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What is NewBridge Bancorp Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. NewBridge Bancorp's preferred stock for the quarter that ended in Sep. 2015 was $0.0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. NewBridge Bancorp's Enterprise Value for the quarter that ended in Sep. 2015 was $782.7 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. NewBridge Bancorp's Book Value per Share for the quarter that ended in Sep. 2015 was $6.69.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). NewBridge Bancorp's Earnings per Share (Diluted) for the three months ended in Sep. 2015 was $0.14.


NewBridge Bancorp Preferred Stock Historical Data

The historical data trend for NewBridge Bancorp's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NewBridge Bancorp Preferred Stock Chart

NewBridge Bancorp Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Preferred Stock
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.79 108.36 15.00 - -

NewBridge Bancorp Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Preferred Stock Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

NewBridge Bancorp Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


NewBridge Bancorp  (NAS:NBBC) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

NewBridge Bancorp's Enterprise Value for the quarter that ended in Sep. 2015 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

NewBridge Bancorp's Book Value per Share for the quarter that ended in Sep. 2015 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

NewBridge Bancorp's Earnings per Share (Diluted) (EPS) for the three months ended in Sep. 2015 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NewBridge Bancorp Preferred Stock Related Terms

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NewBridge Bancorp (NewBridge Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
NewBridge Bancorp was incorporated in the State of North Carolina on December 6, 1982. The Company is a bank holding company. The Company through its banking subsidiary provides banking products to small to medium-sized businesses and retail clients in its market areas, including interest-bearing and noninterest-bearing demand deposit accounts, certificates of deposits, individual retirement accounts, overdraft protection, personal and corporate trust services, safe deposit boxes, online banking, corporate cash management, brokerage, financial planning and asset management, and secured and unsecured loans. The Company also offers lending services, including construction, real estate, and commercial and consumer loans, to small to medium-sized businesses, middle market businesses, real estate developers and retail clients that are located in or conduct a substantial portion of their business in the market areas. It maintains operations facilities in Lexington and Reidsville, NC. It operated approximately 40 branch offices in its four markets including Charlotte, Raleigh, the Cape Fear Region and the Piedmont Triad Region and eight loan production offices. The Bank focuses its marketing efforts on small to medium-sized businesses, professionals and retail clients, and on achieving certain strategic objectives, including increasing noninterest income and growing core deposits and loans. The Bank promotes its brand through its association with the Greensboro minor league baseball team and ballpark (NewBridge Bank Park), traditional advertising and promotions, sponsorship of local events and other community-focused campaigns. The Bank also invests in bank-hosted events and client hospitality opportunities that foster relationship building and business development. The Company's clients are located in Brunswick, Davidson, Forsyth, Guilford, Mecklenburg, New Hanover, Pender, Rockingham, Sampson, Stokes and Wake Counties. It faces competition from a number of sources, including commercial banks, thrift institutions, credit unions and other financial institutions and financial intermediaries. The Company is subject to examination by the FDIC and the Commissioner. In addition, it is subject to various other state and federal laws and regulations, including state usury laws, laws relating to fiduciaries, consumer credit, equal credit and fair credit reporting laws and laws relating to branch banking.
Executives
Ramsey K Hamadi officer: SEVP and CFO C/O AMERICAN NATIONAL BANK & TRUST CO., 628 MAIN STREET, DANVILLE VA 24541
G Alfred Webster director P. O. BOX 2037, REIDSVILLE NC 27323

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