Select Bancorp (SLCT) Scheduled to Post Earnings on Thursday

Select Bancorp (NASDAQ:SLCT) will be releasing its earnings data on Thursday, January 25th.

Select Bancorp (NASDAQ:SLCT) last released its quarterly earnings results on Friday, November 3rd. The bank reported $0.15 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.04). The business had revenue of $9.46 million during the quarter, compared to analyst estimates of $9.54 million. Select Bancorp had a net margin of 16.86% and a return on equity of 6.38%. On average, analysts expect Select Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Select Bancorp (SLCT) opened at $13.27 on Thursday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market cap of $157.56, a P/E ratio of 22.88 and a beta of 0.27. Select Bancorp has a one year low of $9.81 and a one year high of $14.06.

Separately, ValuEngine raised shares of Select Bancorp from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st.

In other news, Director Anthony Rand acquired 3,221 shares of Select Bancorp stock in a transaction that occurred on Monday, November 27th. The shares were acquired at an average price of $12.08 per share, with a total value of $38,909.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 14.21% of the company’s stock.

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About Select Bancorp

Select Bancorp, Inc is the bank holding company for Select Bank & Trust Company (the Bank). The Bank is a commercial bank. The Bank provides commercial and retail financial services to customers located in its market areas. The Bank offers a range of banking services, including checking and savings accounts, commercial, consumer, mortgage and personal loans, and other associated financial services.

Earnings History for Select Bancorp (NASDAQ:SLCT)

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