Select Bancorp inc (SLCT) |
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Price: $0.0000
$0.00
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Day's Low: |
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Volume (M): |
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52 Wk High: |
$ 0.00 |
Volume (M$): |
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Open: |
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Market Capitalization (Millions $) |
- |
Shares
Outstanding (Millions) |
17 |
Employees |
153 |
Revenues (TTM) (Millions $) |
67 |
Net Income (TTM) (Millions $) |
18 |
Cash Flow (TTM) (Millions $) |
17 |
Capital Exp. (TTM) (Millions $) |
0 |
Select Bancorp Inc
Select Bancorp, Inc. was incorporated under the laws of the State of North
Carolina on May 14, 2003, at the direction of the Board of Directors of Select
Bank & Trust Company (formerly New Century Bank), for the purpose of serving
as the bank holding company for Select Bank & Trust Company and became the
holding company for Select Bank & Trust Company on September 19, 2003. To
become Select Bank & Trust Company’s holding company, the Registrant
received the approval of the Federal Reserve Board as well as Select Bank &
Trust Company’s shareholders. Upon receiving such approval, each outstanding
share of common stock of Select Bank & Trust Company was exchanged on a
one-for-one basis for one share of common stock of the Registrant. On July 25,
2014, New Century Bancorp, Inc. and New Century Bank adopted and changed their
names to Select Bancorp, Inc. and Select Bank & Trust Company, respectively.
This was in conjunction with the merger with “Legacy” Select Bancorp,
Inc. and Select Bank & Trust Company of Greenville, NC.
The Registrant operates for the primary purpose of serving as the holding company
for its subsidiary depository institution, Select Bank & Trust Company (the
“Bank”). The Registrant’s headquarters is located at 700 West
Cumberland Street, Dunn, North Carolina 28334.
The Bank was incorporated on May 19, 2000 as a North Carolina-chartered commercial
bank, opened for business on May 24, 2000, and is located at 700 West Cumberland
Street, Dunn, North Carolina.
The Bank operates for the primary purpose of serving the banking needs of individuals
and small to medium-sized businesses in its market area. The Bank offers a range
of banking services including checking and savings accounts, commercial, consumer,
mortgage and personal loans, and other associated financial services.
Company Address: 700 W. Cumberland Street Dunn 28334 NC
Company Phone Number: 892-7080 Stock Exchange / Ticker: NASDAQ SLCT
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Customers Net Income grew by |
SLCT's Customers Net Profit Margin grew to |
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12.55 %
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Stock Performances by Major Competitors |
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Horizon Bancorp Inc
Horizon Bancorp Inc, a regional bank company, has recently seen an increase in its share price over the last month and the last five trading days, despite facing some challenges in its financial performance. The company's shares have seen a 3.35% increase over the course of the last 30 days and a 4.34% increase over the last five trading days. This positive movement in the stock price is a good sign for investors, but it is important to also consider the company's financial results and operational performance in order to fully understand the reasons behind this increase. For the period ending December 31, 2023, Horizon Bancorp Inc reported a shortfall of $-0.57 per share, compared to a profit of $0.48 per share in the previous year. This decrease in earnings per share is concerning and indicates that the company may be facing challenges in generating profits. The revenue also fell sharply by -63.126% to $20.53 million from $55.69 million in the same period a year before. This drop in revenue could be attributed to various factors such as slowing demand or changes in the market environment.
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Ohio Valley Banc Corp
In the face of a challenging landscape for regional banks, Ohio Valley Banc Corp (OVBC) managed to achieve expanding sales in its most recent fiscal period. However, the company experienced a shrinking earnings per share (EPS), raising questions about its future prospects. Let's delve into the financial results to better understand how these developments may impact the company going forward. Expanding Sales, Decreasing EPS: OVBC reported a 9.944% increase in revenue, reaching $14.21 million compared to $12.92 million on a year-over-year basis. While this indicates positive growth, the bottom-line paints a different picture, with EPS decreasing by 7.99% to $0.68 per share from $0.74 in the prior year's reporting season. This discrepancy suggests that OVBC's profitability is not keeping pace with its revenue growth.
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South Plains Financial Inc
South Plains Financial Inc (NASDAQ: SPFI) recently reported its financial results for the fourth quarter of 2023 earnings season, and it was not a pretty picture. Both revenue and earnings took a significant hit, with income falling by -14.8% to $0.62 per share and revenue by -10.343% year on year. Revenue in the fourth quarter of 2023 stood at $43.71 million, compared to $48.75 million in the same period of the previous year. Furthermore, the decline in performance was not just limited to the year-on-year comparison. Compared to the prior quarter, income saw a staggering drop of -20.06% from $0.78 per share, and revenue deteriorated by -10.188% from $48.67 million. Net profits for the financial fourth quarter of 2023 also fell by -18.2% to $10.324 million, down from $12.621 million in the corresponding period a year before.
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First Western Financial Inc
First Western Financial Inc (NASDAQ: MYFW) has recorded a disappointing fiscal span ending December 31, 2023, reflecting significant declines in both revenue and earnings. The company reported a drastic decline of -48.776% in revenue, which plummeted to $13.92 million compared to the previous year. Additionally, MYFW recorded a substantial shortfall per share, falling to $-0.33 from $0.49 in the fourth quarter of 2022. The decline in revenue is evident when comparing it to the preceding quarter, where income per share dropped from $0.32 per share and revenue tumbled by -38.237% from $22.54 million. These figures indicate a concerning trend of decreasing revenue for First Western Financial Inc.
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Coastal Financial Corporation
Coastal Financial Corporation, a Regional Banks company, recently reported its financial results for the quarter ending December 31, 2023. While the company saw a slight increase in revenue of 1.461%, it also experienced a significant decrease in income of -26.98% compared to the same quarter a year prior. Despite the revenue gain, earnings per share (EPS) also fell to $0.65. The behavior of Coastal Financial Corporation, as a Regional Banks company, has come as a surprise to many industry analysts. While other companies in the Regional Banks sector saw an average reduction in business of -8.12%, Coastal Financial Corporation managed to achieve a revenue increase. However, this was not enough to offset the significant decline in income.
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Per Share |
Current |
Earnings (TTM) |
1.04 $ |
Revenues (TTM) |
3.89 $
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Cash Flow (TTM) |
0.96 $ |
Cash |
24.63 $
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Book Value |
12.82 $
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Dividend (TTM) |
0 $ |
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Per Share |
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Earnings (TTM) |
1.04 $
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Revenues (TTM) |
3.89 $ |
Cash Flow (TTM) |
0.96 $ |
Cash |
24.63 $
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Book Value |
12.82 $ |
Dividend (TTM) |
0 $ |
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