Wall Street brokerages expect that State Bank Financial Corp (NASDAQ:STBZ) will report earnings of $0.38 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for State Bank Financial’s earnings. The lowest EPS estimate is $0.37 and the highest is $0.39. State Bank Financial posted earnings of $0.28 per share during the same quarter last year, which suggests a positive year over year growth rate of 35.7%. The company is expected to report its next earnings report on Thursday, January 25th.

On average, analysts expect that State Bank Financial will report full-year earnings of $1.52 per share for the current fiscal year, with EPS estimates ranging from $1.48 to $1.55. For the next financial year, analysts anticipate that the company will report earnings of $1.84 per share, with EPS estimates ranging from $1.67 to $1.95. Zacks’ EPS averages are an average based on a survey of research firms that that provide coverage for State Bank Financial.

State Bank Financial (NASDAQ:STBZ) last announced its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.37 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.01. State Bank Financial had a return on equity of 8.44% and a net margin of 22.79%. The business had revenue of $54.01 million for the quarter, compared to analysts’ expectations of $56.15 million.

STBZ has been the topic of several analyst reports. BidaskClub cut State Bank Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, December 27th. Zacks Investment Research cut State Bank Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. ValuEngine cut State Bank Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, December 27th. Gabelli cut State Bank Financial from a “buy” rating to a “hold” rating in a research report on Thursday, November 30th. Finally, Sandler O’Neill upgraded State Bank Financial from a “hold” rating to a “buy” rating and set a $35.00 price target on the stock in a research report on Friday, December 15th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $31.67.

Shares of State Bank Financial (STBZ) traded down $0.11 during trading on Thursday, reaching $29.91. The company had a trading volume of 69,300 shares, compared to its average volume of 78,000. State Bank Financial has a fifty-two week low of $24.16 and a fifty-two week high of $31.75. The company has a market cap of $1,170.53, a PE ratio of 22.32, a P/E/G ratio of 1.34 and a beta of 0.95.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 12th. Stockholders of record on Monday, December 4th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.87%. The ex-dividend date of this dividend was Friday, December 1st. State Bank Financial’s payout ratio is 41.79%.

Several hedge funds and other institutional investors have recently modified their holdings of the company. AJO LP purchased a new stake in State Bank Financial in the second quarter worth approximately $4,290,000. Boston Partners boosted its stake in State Bank Financial by 5.2% in the third quarter. Boston Partners now owns 540,530 shares of the financial services provider’s stock worth $15,486,000 after buying an additional 26,770 shares in the last quarter. Swiss National Bank boosted its stake in State Bank Financial by 7.1% in the second quarter. Swiss National Bank now owns 61,500 shares of the financial services provider’s stock worth $1,668,000 after buying an additional 4,100 shares in the last quarter. Northern Trust Corp boosted its stake in State Bank Financial by 5.7% in the second quarter. Northern Trust Corp now owns 585,944 shares of the financial services provider’s stock worth $15,890,000 after buying an additional 31,610 shares in the last quarter. Finally, Chicago Equity Partners LLC purchased a new stake in shares of State Bank Financial during the third quarter valued at approximately $1,682,000. 78.94% of the stock is owned by institutional investors.

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State Bank Financial Company Profile

State Bank Financial Corporation is a bank holding company for State Bank and Trust Company (the Bank). The Bank is a Georgia-based state-chartered bank. The Company offers community banking services to individuals and businesses. Its product line includes loans to small and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, farmland and agricultural production loans, residential mortgage loans, home equity loans, and consumer loans.

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