Sun Bancorp (Sun Bancorp) Debt-to-Equity : 0.44 (As of Sep. 2017)

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What is Sun Bancorp Debt-to-Equity?

Sun Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $0.00 Mil. Sun Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $142.78 Mil. Sun Bancorp's Total Stockholders Equity for the quarter that ended in Sep. 2017 was $328.60 Mil. Sun Bancorp's debt to equity for the quarter that ended in Sep. 2017 was 0.43.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Sun Bancorp's Debt-to-Equity or its related term are showing as below:

SNBC's Debt-to-Equity is not ranked ^*
in the Banks industry.
Industry Median: 0.69
* Ranked among companies with meaningful Debt-to-Equity only.

Sun Bancorp Debt-to-Equity Historical Data

The historical data trend for Sun Bancorp's Debt-to-Equity 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.

Sun Bancorp Debt-to-Equity Chart

Sun Bancorp Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Debt-to-Equity

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0.62

0.66

0.72

0.58

Sun Bancorp Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Debt-to-Equity	Get a 7-Day Free Trial															0.69	0.58	0.57	0.52	0.44

Competitive Comparison of Sun Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Sun Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sun Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sun Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sun Bancorp's Debt-to-Equity falls into.

Sun Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sun Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	184.494)	/	319.709
	=	0.58

Sun Bancorp's Debt to Equity Ratio for the quarter that ended in Sep. 2017 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	142.784)	/	328.599
	=	0.43

Sun Bancorp (NAS:SNBC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Sun Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Sun Bancorp's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Sun Bancorp (Sun Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sun Bancorp Inc (NAS:SNBC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.sunnationalbank.com

Sun Bancorp Inc is a holding company of its principal subsidiary, Bank of the United States. Through its subsidiary, it provides community banking services to consumers, small businesses and mid-size companies. Its deposit services include savings accounts, business checking and money market accounts, certificates of deposit, and cash management solutions such as online banking, electronic bill payment and wire transfer services, lockbox services, remote deposit and controlled disbursement services. The company also provides lending services to businesses include term loans, lines of credit and commercial mortgages. Additionally, it also provides home equity term loans, home equity lines of credit and installment loans. The majority of the company's revenue comes from interest income.

Executives

Patricia M Schaubeck	officer: EVP & General Counsel	C/O SUFFOLK BANCORP, 4 WEST SECOND STREET, P.O. BOX 9000, RIVERHEAD NY 11901
Sidney R Brown	director	226 LANDIS AVENUE, VINELAND NJ 08360
Nicos Katsoulis	officer: EVP/Chief Lending Officer	C/O STATE BANCORP, INC., TWO JERICHO PLAZA, JERICHO NY 11753
Michele B Estep	officer: EVP/Chief Administrative Offic, other: of Sun National Bank	226 LANDIS AVENUE, VINELAND NJ 08360
Grace C Torres	director	C/O PGIM INVESTMENTS, 655 BROAD STREET, NEWARK NJ 07102
Anthony R Coscia	director	C/O INTERCHANGE FINANCIAL SERVICES CORP, PARK 80 W PLAZA TWO, SADDLE BROOK NJ 07663
Neelesh Kalani	officer: SVP/Chief Accounting Officer	SUN BANCORP, INC., 226 LANDIS AVENUE, VINELAND PA 19087
Thomas R Brugger	officer: EVP/Chief Financial Officer	1130 BERKSHIRE BLVD, WYOMISSING PA 19610
Keith Stock	director	1819 A WEST ST ANNAPOLIS MD 21401
William J Marino	director	COMPUTER HORIZONS, 49 OLD BLOOMFIELD AVE, MOUNTAIN LAKES NJ 07046
Thomas M Obrien	director, officer: President & CEO	C/O STATE BANK OF LONG ISLAND, 2 JERICHO PLAZA, JERICHO NY 11753
Alberino J Celini	officer: EVP/Chief Risk Officer, other: of Sun National Bank	226 LANDIS AVENUE, VINELAND NJ 08360
Steven A Kass	director	226 LANDIS AVENUE, VINELAND NJ 08360
Thomas X Geisel	director, officer: President & CEO	400 RELLA BOULEVARD, MONTEBELLO NY 10901
Ross Wilbur L Jr	director, 10 percent owner	328 EL VEDADO ROAD, PALM BEACH FL 33480