Commerce Union Bancshares, Inc. (CUBN) Director William Ronald Deberry Sells 7,500 Shares
Commerce Union Bancshares, Inc. (NASDAQ:CUBN) Director William Ronald Deberry sold 7,500 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $24.18, for a total value of $181,350.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Shares of Commerce Union Bancshares, Inc. (NASDAQ:CUBN) traded down $0.55 during trading hours on Friday, reaching $23.80. The company had a trading volume of 14,700 shares, compared to its average volume of 10,364. Commerce Union Bancshares, Inc. has a 52 week low of $19.75 and a 52 week high of $26.20. The stock has a market cap of $225.10, a P/E ratio of 23.99 and a beta of 0.45.
Commerce Union Bancshares (NASDAQ:CUBN) last announced its quarterly earnings results on Wednesday, October 25th. The bank reported $0.25 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.25. Commerce Union Bancshares had a return on equity of 7.12% and a net margin of 18.50%. The company had revenue of $11.18 million for the quarter.
A number of brokerages recently issued reports on CUBN. Keefe, Bruyette & Woods began coverage on Commerce Union Bancshares in a report on Friday, September 29th. They set a “mkt perform” rating and a $24.00 price target on the stock. Hovde Group began coverage on Commerce Union Bancshares in a report on Wednesday, October 11th. They set an “outperform” rating and a $26.50 price target on the stock. Finally, ValuEngine downgraded Commerce Union Bancshares from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th.
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About Commerce Union Bancshares
Commerce Union Bancshares, Inc serves as the bank holding company for Reliant Bank. The Company has two segments: Retail Banking and Residential Mortgage Banking. Retail Banking provides deposit and lending services to consumer and business customers within its primary geographic markets. Its customers are serviced through branch locations, automated teller machines (ATMs), online banking and mobile banking.
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