Stewardship Financial Corp (NASDAQ:SSFN) issued its earnings results on Tuesday, August 8th. The bank reported $0.16 EPS for the quarter, Bloomberg Earnings reports. The company had revenue of $7.35 million during the quarter. Stewardship Financial Corp had a return on equity of 8.15% and a net margin of 14.84%.
Stewardship Financial Corp (NASDAQ SSFN) opened at 9.50 on Friday. The company has a 50-day moving average of $9.29 and a 200 day moving average of $9.13. Stewardship Financial Corp has a 12 month low of $7.25 and a 12 month high of $10.20. The company has a market cap of $82.10 million, a PE ratio of 13.59 and a beta of 0.07.
The company also recently announced a quarterly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Tuesday, August 1st were paid a $0.03 dividend. The ex-dividend date of this dividend was Friday, July 28th. This represents a $0.12 annualized dividend and a dividend yield of 1.26%. Stewardship Financial Corp’s dividend payout ratio is presently 16.90%.
A number of large investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Stewardship Financial Corp by 21.1% in the second quarter. Vanguard Group Inc. now owns 33,821 shares of the bank’s stock worth $321,000 after buying an additional 5,882 shares during the period. River Oaks Capital LLC acquired a new stake in shares of Stewardship Financial Corp during the second quarter worth $329,000. Context BH Capital Management LP boosted its stake in shares of Stewardship Financial Corp by 10.0% in the second quarter. Context BH Capital Management LP now owns 58,879 shares of the bank’s stock worth $553,000 after buying an additional 5,338 shares during the period. Eidelman Virant Capital purchased a new stake in Stewardship Financial Corp during the second quarter worth approximately $1,081,000. Finally, Royce & Associates LP purchased a new stake in Stewardship Financial Corp during the second quarter worth approximately $1,853,000. Institutional investors and hedge funds own 9.74% of the company’s stock.
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Stewardship Financial Corp Company Profile
Stewardship Financial Corporation is a one-bank holding company for Atlantic Stewardship Bank (the Bank). The Company’s principal business is the ownership and supervision of the Bank. The Company, through the Bank, conducts commercial banking business and offers deposit services, including personal and business checking accounts and time deposits, money market accounts and regular savings accounts.
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