SB One Bancorp (SBBX) Files 10-K for the Fiscal Year Ended on December 31, 2018

SB One Bancorp (SBBX, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Sussex Bancorp is a bank holding company. It conducts traditional commercial banking business, and offer services including personal and business checking accounts and time deposits, money market accounts and savings accounts. SB One Bancorp has a market cap of $215.830 million; its shares were traded at around $22.64 with a P/E ratio of 18.12 and P/S ratio of 3.31. The dividend yield of SB One Bancorp stocks is 1.33%.

For the last quarter SB One Bancorp reported a revenue of $13.8 million, compared with the revenue of $9.82 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $54.8 million, an increase of 46.7% from last year. For the last five years SB One Bancorp had an average revenue growth rate of 18.6% a year.

The reported diluted earnings per share was $1.25 for the year, an increase of 19% from previous year. Over the last five years SB One Bancorp had an EPS growth rate of 26.8% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, SB One Bancorp has the cash and cash equivalents of $26.9 million, compared with $11.7 million in the previous year. The long term debt was $247.8 million, compared with $62.8 million in the previous year. SB One Bancorp has a financial strength rank of 3 (out of 10).

At the current stock price of $22.64, SB One Bancorp is traded at 121.3% premium to its historical median P/S valuation band of $10.23. The P/S ratio of the stock is 3.31, while the historical median P/S ratio is 1.50. The stock lost 24.71% during the past 12 months.

CEO Recent Trades:

  • President and CEO Anthony J Labozzetta bought 180 shares of SBBX stock on 03/13/2019 at the average price of $22.99. The price of the stock has decreased by 1.52% since.

Directors and Officers Recent Trades:

  • Director Dominick Dagosta bought 1,000 shares of SBBX stock on 03/13/2019 at the average price of $22.71. The price of the stock has decreased by 0.31% since.
  • SEVP and COO Peter A Michelotti bought 96 shares of SBBX stock on 03/06/2019 at the average price of $23.05. The price of the stock has decreased by 1.78% since.

For the complete 20-year historical financial data of SBBX, click here.