Headlines about State Bank Financial (NASDAQ:STBZ) have been trending positive on Wednesday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. State Bank Financial earned a daily sentiment score of 0.27 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.7190158824092 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern’s rankings:
- The CEO of the biggest Dutch bank is paid a tenth of his American counterparts, and it’s a national scandal (qz.com)
- Backlash grows over Chinese deals for Germany’s corporate jewels (ft.com)
- These Two China Banks Lent More To Global Energy Projects Than The World Bank (forbes.com)
- State Bank Financial (STBZ) Stock Rating Lowered by Zacks Investment Research (americanbankingnews.com)
- Gansu Bank, China goes live on TCS BaNCS in 18 months (webwire.com)
A number of equities analysts have issued reports on the company. Gabelli cut State Bank Financial from a “buy” rating to a “hold” rating in a report on Thursday, November 30th. Zacks Investment Research upgraded shares of State Bank Financial from a “sell” rating to a “hold” rating in a research note on Thursday, January 11th. BidaskClub upgraded shares of State Bank Financial from a “sell” rating to a “hold” rating in a research note on Saturday, February 3rd. SunTrust Banks restated a “buy” rating and set a $38.00 price objective on shares of State Bank Financial in a research note on Tuesday, January 9th. Finally, Stephens restated a “hold” rating and set a $32.00 price objective on shares of State Bank Financial in a research note on Friday, January 26th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $34.00.
State Bank Financial (NASDAQ:STBZ) last released its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.41 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.03. The firm had revenue of $68.16 million for the quarter, compared to analysts’ expectations of $65.00 million. State Bank Financial had a net margin of 18.77% and a return on equity of 9.26%. research analysts expect that State Bank Financial will post 2.16 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 13th. Shareholders of record on Monday, March 5th were issued a $0.20 dividend. This is a boost from State Bank Financial’s previous quarterly dividend of $0.14. This represents a $0.80 annualized dividend and a yield of 2.64%. The ex-dividend date was Friday, March 2nd. State Bank Financial’s dividend payout ratio is currently 66.67%.
In related news, CFO Sheila Ray purchased 3,300 shares of the stock in a transaction on Wednesday, February 28th. The shares were purchased at an average cost of $29.50 per share, with a total value of $97,350.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 4.65% of the stock is owned by corporate insiders.
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About State Bank Financial
State Bank Financial Corporation is a bank holding company for State Bank and Trust Company (the Bank). The Bank is a Georgia-based state-chartered bank. The Company offers community banking services to individuals and businesses. Its product line includes loans to small and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, farmland and agricultural production loans, residential mortgage loans, home equity loans, and consumer loans.
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