Teachers Advisors LLC Purchases New Position in FNB Bancorp (FNBG)

Teachers Advisors LLC acquired a new stake in FNB Bancorp (NASDAQ:FNBG) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 9,206 shares of the financial services provider’s stock, valued at approximately $253,000. Teachers Advisors LLC owned about 0.13% of FNB Bancorp at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Wedbush Securities Inc. purchased a new stake in shares of FNB Bancorp in the 2nd quarter valued at approximately $233,000. Bank of New York Mellon Corp purchased a new position in shares of FNB Bancorp in the 2nd quarter valued at $400,000. Acadian Asset Management LLC purchased a new position in shares of FNB Bancorp in the 2nd quarter valued at $211,000. Finally, Schwab Charles Investment Management Inc. purchased a new position in shares of FNB Bancorp in the 2nd quarter valued at $239,000. 21.05% of the stock is currently owned by institutional investors.

FNB Bancorp (NASDAQ:FNBG) traded down $0.95 during midday trading on Tuesday, hitting $35.20. 7,807 shares of the company were exchanged, compared to its average volume of 12,326. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.80 and a quick ratio of 0.80. The stock has a market cap of $271.48, a P/E ratio of 21.70 and a beta of 0.39. FNB Bancorp has a 1 year low of $21.67 and a 1 year high of $37.66.

FNB Bancorp (NASDAQ:FNBG) last issued its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.43 earnings per share for the quarter. The firm had revenue of $12.73 million during the quarter. FNB Bancorp had a net margin of 24.13% and a return on equity of 11.02%.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Monday, October 30th. This represents a $0.52 dividend on an annualized basis and a yield of 1.48%. This is a boost from FNB Bancorp’s previous quarterly dividend of $0.12. FNB Bancorp’s dividend payout ratio is currently 30.77%.

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FNB Bancorp 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.

Institutional Ownership by Quarter for FNB Bancorp (NASDAQ:FNBG)

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