Sun Bancorp Inc. (NASDAQ:SNBC) declared a special dividend on Wednesday, July 27th. Shareholders of record on Tuesday, August 23rd will be paid a dividend of 0.01 per share by the financial services provider on Tuesday, September 6th. The ex-dividend date of this dividend is Friday, August 19th.
Sun Bancorp (NASDAQ:SNBC) traded down 0.55% during mid-day trading on Wednesday, hitting $21.86. 13,021 shares of the company’s stock were exchanged. The stock has a market cap of $412.10 million and a PE ratio of 49.68. The stock’s 50 day moving average price is $21.47 and its 200-day moving average price is $21.09. Sun Bancorp has a 12 month low of $18.90 and a 12 month high of $22.75.
Sun Bancorp (NASDAQ:SNBC) last released its earnings results on Tuesday, July 26th. The financial services provider reported $0.16 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.08. Equities analysts expect that Sun Bancorp will post $0.33 EPS for the current fiscal year.
Sun Bancorp, Inc is a bank holding company. The Company’s principal subsidiary is Sun National Bank (the Bank). Through the Bank, the Company provides an array of community banking services to consumers, small businesses and mid-size companies. The Company’s lending services to businesses include term loans, lines of credit and commercial mortgages.
