Anchor Bancorp (ANCB) Scheduled to Post Quarterly Earnings on Wednesday
Anchor Bancorp (NASDAQ:ANCB) will be announcing its earnings results on Wednesday, January 24th. Analysts expect the company to announce earnings of $0.36 per share for the quarter.
Anchor Bancorp (NASDAQ:ANCB) last issued its earnings results on Monday, October 30th. The financial services provider reported $0.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.07. Anchor Bancorp had a return on equity of 4.31% and a net margin of 11.28%. The company had revenue of $5.52 million during the quarter.
Shares of Anchor Bancorp (NASDAQ ANCB) opened at $24.90 on Wednesday. Anchor Bancorp has a 1 year low of $23.70 and a 1 year high of $26.95. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $62.12, a PE ratio of 21.47 and a beta of 0.83.
A hedge fund recently raised its stake in Anchor Bancorp stock. Vanguard Group Inc. boosted its holdings in Anchor Bancorp (NASDAQ:ANCB) by 76.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 60,019 shares of the financial services provider’s stock after purchasing an additional 25,948 shares during the period. Vanguard Group Inc. owned about 2.40% of Anchor Bancorp worth $1,515,000 at the end of the most recent reporting period. 45.64% of the stock is currently owned by hedge funds and other institutional investors.
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About Anchor Bancorp
Anchor Bancorp is the bank holding company of Anchor Bank (the Bank). The Bank is a community-based savings bank. As of June 30, 2016, the Bank primarily served Western Washington through its 10 full-service banking offices (including a Wal-Mart in-store location) located within Grays Harbor, Thurston, Lewis, Pierce and Mason counties, and a loan production office located in King County, Washington.
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