FNB Bancorp (OTCMKTS:FNBG) Posts Quarterly Earnings Results

FNB Bancorp (OTCMKTS:FNBG) issued its quarterly earnings data on Monday, July 24th. The financial services provider reported $0.44 earnings per share for the quarter, Bloomberg Earnings reports. The company had revenue of $12.44 million for the quarter. FNB Bancorp had a net margin of 26.93% and a return on equity of 11.53%.

FNB Bancorp (FNBG) traded down 0.11% during midday trading on Friday, hitting $27.99. 18,350 shares of the stock were exchanged. The company has a market capitalization of $206.06 million, a P/E ratio of 17.67 and a beta of 0.26. FNB Bancorp has a 1-year low of $19.67 and a 1-year high of $30.25. The company’s 50 day moving average is $28.24 and its 200 day moving average is $26.53.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 15th. Investors of record on Monday, July 31st were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.71%. This is a positive change from FNB Bancorp’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Thursday, July 27th. FNB Bancorp’s dividend payout ratio (DPR) is currently 30.13%.

ILLEGAL ACTIVITY WARNING: “FNB Bancorp (OTCMKTS:FNBG) Posts Quarterly Earnings Results” was reported by BNB Daily and is the sole property of of BNB Daily. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The correct version of this piece of content can be accessed at https://www.baseball-news-blog.com/2017/08/20/fnb-bancorp-otcmktsfnbg-issues-quarterly-earnings-results-updated-updated-updated.html.

In other FNB Bancorp news, Director Michael Pacelli bought 2,445 shares of FNB Bancorp stock in a transaction that occurred on Friday, June 16th. The shares were bought at an average cost of $12.48 per share, with a total value of $30,513.60. Following the transaction, the director now directly owns 5,833 shares of the company’s stock, valued at approximately $72,795.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have purchased a total of 3,960 shares of company stock worth $59,440 over the last ninety days. 24.61% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of FNBG. The Manufacturers Life Insurance Company bought a new stake in FNB Bancorp during the second quarter valued at approximately $158,000. California State Teachers Retirement System bought a new stake in FNB Bancorp during the second quarter valued at approximately $258,000. Vanguard Group Inc. bought a new stake in FNB Bancorp during the second quarter valued at approximately $292,000. Finally, State Street Corp bought a new stake in FNB Bancorp during the second quarter valued at approximately $1,359,000. 5.43% of the stock is currently owned by hedge funds and other institutional investors.

FNB Bancorp Company Profile

FNB Bancorp is a bank holding company. The Company, through its subsidiary, First National Bank of Northern California (the Bank), a national banking association provides traditional banking services. The Bank operates approximately 12 full service banking offices in the cities of Daly City, South San Francisco, Millbrae, Pacifica, Half Moon Bay, San Mateo, Redwood City, Pescadero, San Francisco and Sunnyvale.

Receive News & Ratings for FNB Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FNB Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply