Sun Bancorp, Inc. /NJ (SNBC) Set to Announce Quarterly Earnings on Thursday

Sun Bancorp, Inc. /NJ (NASDAQ:SNBC) is scheduled to be announcing its earnings results before the market opens on Thursday, February 8th. Analysts expect the company to announce earnings of $0.14 per share for the quarter.

Shares of Sun Bancorp, Inc. /NJ (NASDAQ:SNBC) opened at $24.50 on Tuesday. Sun Bancorp, Inc. /NJ has a twelve month low of $22.45 and a twelve month high of $26.70. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market capitalization of $467.87 and a P/E ratio of 7.59.

A number of equities research analysts have recently weighed in on SNBC shares. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $33.00 price target on shares of Sun Bancorp, Inc. /NJ in a report on Friday, December 22nd. BidaskClub downgraded Sun Bancorp, Inc. /NJ from a “hold” rating to a “sell” rating in a report on Friday, January 26th.

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About Sun Bancorp, Inc. /NJ

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.

Earnings History for Sun Bancorp, Inc. /NJ (NASDAQ:SNBC)

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