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Select Bancorp, Inc. (SLCT)

Stock Price: $7.86 USD 0.48 (6.50%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 141.92M
Revenue (ttm) 49.96M
Net Income (ttm) 10.83M
Shares Out 18.06M
EPS (ttm) 0.57
PE Ratio 13.79
Forward PE 23.09
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 7, 2020
Last Price $7.86
Previous Close $7.38
Change ($) 0.48
Change (%) 6.50%
Day's Open 7.50
Day's Range 7.20 - 7.91
Day's Volume 22,939
52-Week Range 5.98 - 12.47

More Stats

Market Cap 141.92M
Enterprise Value 140.71M
Earnings Date (est) Oct 29, 2020
Ex-Dividend Date n/a
Shares Outstanding 18.06M
Float 15.91M
EPS (basic) 0.58
EPS (diluted) 0.57
FCF / Share 0.68
Dividend n/a
Dividend Yield n/a
Earnings Yield 7.25%
FCF Yield 8.76%
Payout Ratio n/a
Shares Short 131,182
Short Ratio 3.74
Short % of Float 1.00%
Beta 0.71
PE Ratio 13.79
Forward PE 23.09
P/FCF Ratio 11.41
PS Ratio 2.84
PB Ratio 0.67
Revenue 49.96M
Operating Income 13.88M
Net Income 10.83M
Free Cash Flow 12.43M
Net Cash 1.21M
Net Cash / Share 0.07
Gross Margin 103.83%
Operating Margin 27.78%
Profit Margin 21.70%
FCF Margin 24.89%
ROA 0.87%
ROE 5.09%
ROIC 1.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (1)

Buy 1
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$10.50*
Low
10.5
Current: $7.86
High
10.5
Target: 10.50
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue51.8752.2436.2232.6832.2024.4520.6024.7018.5610.97
Revenue Growth-0.71%44.25%10.81%1.49%31.68%18.71%-16.59%33.08%69.1%-
Gross Profit51.8752.2436.2232.6832.2024.4520.6024.7018.5610.97
Operating Income16.7317.698.9010.409.973.794.747.46-0.55-8.24
Net Income13.0413.783.196.756.552.362.944.64-0.16-4.96
Shares Outstanding19.0215.8111.7611.6111.508.876.926.906.896.88
Earnings Per Share0.680.870.270.580.560.260.430.67-0.02-0.72
EPS Growth-21.84%222.22%-53.45%3.57%115.38%-39.53%-35.82%---
Operating Cash Flow13.364.816.568.486.883.404.688.4510.598.85
Capital Expenditures-1.31-1.45-0.92-0.78-2.74-0.72-0.48-0.21-0.03-1.42
Free Cash Flow12.053.365.647.714.142.684.208.2410.557.42
Cash & Equivalents79.0813962.7055.7163.4158.4172.8711477.1035.90
Total Debt66.1964.3747.6560.1358.3846.3218.6830.2236.2540.04
Net Cash / Debt12.8974.9915.04-4.425.0312.0954.1983.3940.85-4.14
Assets1,2751,2591,194847817766526585590627
Liabilities1,0621,0491,058742712668470531540577
Book Value21321013610410597.6956.0054.1849.5549.69
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Select Bancorp, Inc.
Country United States
Employees 213
CEO William L. Hedgepeth

Stock Information

Ticker Symbol SLCT
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: SLCT

Description

Select Bancorp, Inc. operates as the bank holding company for Select Bank & Trust Company that provides banking services to individuals and small to medium-sized businesses. The company accepts deposit products, such as non-interest-bearing demand deposits, money market deposit accounts, NOW accounts, savings accounts, and time deposits, as well as certificates of deposit. Its loan products include 1-to-4 family residential, commercial real estate, multi-family residential, construction, and commercial and industrial loans; loans to individuals; and home equity lines of credit and overdrafts. As of April 17, 2020, it had 19 offices in Burlington, Charlotte, Clinton, Cornelius, Dunn, Elizabeth City, Fayetteville, Goldsboro, Greenville, Holly Springs, Leland, Lillington, Lumberton, Morehead City, Raleigh, and Wilmington, North Carolina; Blacksburg and Rock Hill, South Carolina; and Virginia Beach, as well as loan production offices in Durham, Wilson, and Winston-Salem, North Carolina. The company was formerly known as New Century Bancorp, Inc. and changed its name to Select Bancorp, Inc. in July 2014. Select Bancorp, Inc. was founded in 2000 and is headquartered in Dunn, North Carolina.