DNB Financial Corp. (DNBF) Set to Announce Earnings on Thursday
DNB Financial Corp. (NASDAQ:DNBF) is scheduled to be issuing its quarterly earnings data on Thursday, October 20th. Analysts expect the company to announce earnings of $0.39 per share for the quarter.
DNB Financial Corp. (NASDAQ:DNBF) last released its earnings results on Thursday, July 21st. The financial services provider reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.06. DNB Financial Corp. had a return on equity of 9.71% and a net margin of 18.26%. On average, analysts expect DNB Financial Corp. to post $1.63 EPS for the current fiscal year and $2.2 EPS for the next fiscal year.
DNB Financial Corp. (NASDAQ:DNBF) opened at 25.35 on Wednesday. The firm has a market cap of $72.32 million, a price-to-earnings ratio of 13.63 and a beta of 0.46. DNB Financial Corp. has a 1-year low of $23.05 and a 1-year high of $30.00. The firm has a 50-day moving average price of $25.51 and a 200 day moving average price of $25.97.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/19/dnb-financial-corp-dnbf-set-to-announce-earnings-on-thursday.html
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 20th. Shareholders of record on Friday, September 9th were issued a $0.07 dividend. The ex-dividend date was Wednesday, September 7th. This represents a $0.28 annualized dividend and a yield of 1.10%. DNB Financial Corp.’s dividend payout ratio is presently 15.05%.
Several institutional investors have recently modified their holdings of DNBF. Vanguard Group Inc. raised its position in shares of DNB Financial Corp. by 15.6% in the second quarter. Vanguard Group Inc. now owns 35,030 shares of the financial services provider’s stock valued at $827,000 after buying an additional 4,739 shares during the last quarter. Banc Funds Co. LLC raised its position in shares of DNB Financial Corp. by 66.0% in the second quarter. Banc Funds Co. LLC now owns 43,641 shares of the financial services provider’s stock valued at $1,030,000 after buying an additional 17,349 shares during the last quarter. Finally, Philadelphia Trust Co. raised its position in shares of DNB Financial Corp. by 9.5% in the second quarter. Philadelphia Trust Co. now owns 71,205 shares of the financial services provider’s stock valued at $1,680,000 after buying an additional 6,205 shares during the last quarter. Institutional investors own 30.09% of the company’s stock.
Separately, Zacks Investment Research raised DNB Financial Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, June 28th.
DNB Financial Corp. Company Profile
DNB Financial Corporation is a bank holding company for DNB First, National Association (the Bank). The Company operates through the Community Banking segment. The Bank is a commercial bank providing a range of services to individuals and small to medium sized businesses in the southeastern Pennsylvania market area, including accepting time, demand and savings deposits, and making secured and unsecured commercial, real estate and consumer loans.
Receive News & Ratings for DNB Financial Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DNB Financial Corp. and related companies with MarketBeat.com's FREE daily email newsletter.