Sound Financial Bancorp (NASDAQ:SFBC) issued its quarterly earnings results on Thursday. The bank reported $0.62 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The company had revenue of $7.56 million for the quarter. Sound Financial Bancorp had a return on equity of 8.59% and a net margin of 16.37%.
Shares of NASDAQ SFBC traded up $0.30 during midday trading on Friday, hitting $37.00. The stock had a trading volume of 999 shares, compared to its average volume of 796. The company has a market cap of $92.64, a PE ratio of 17.48 and a beta of 0.35. Sound Financial Bancorp has a 1 year low of $29.55 and a 1 year high of $37.00. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.18 and a quick ratio of 1.18.
The company also recently announced a quarterly dividend, which will be paid on Friday, May 25th. Stockholders of record on Thursday, May 10th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 1.51%. The ex-dividend date is Wednesday, May 9th. This is an increase from Sound Financial Bancorp’s previous quarterly dividend of $0.12.
In other news, CFO Matthew P. Deines sold 1,115 shares of the firm’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $35.25, for a total value of $39,303.75. Following the transaction, the chief financial officer now owns 19,392 shares in the company, valued at $683,568. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James E. Sweeney sold 1,082 shares of the firm’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $34.77, for a total value of $37,621.14. Following the completion of the transaction, the director now owns 7,470 shares in the company, valued at approximately $259,731.90. The disclosure for this sale can be found here. In the last 90 days, insiders sold 5,552 shares of company stock worth $194,603. Company insiders own 12.20% of the company’s stock.
A hedge fund recently bought a new stake in Sound Financial Bancorp stock. Vanguard Group Inc. bought a new stake in Sound Financial Bancorp, Inc. (NASDAQ:SFBC) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 9,446 shares of the bank’s stock, valued at approximately $287,000. Vanguard Group Inc. owned approximately 0.38% of Sound Financial Bancorp at the end of the most recent reporting period. Institutional investors own 32.94% of the company’s stock.
About Sound Financial Bancorp
Sound Financial Bancorp, Inc operates as the holding company for Sound Community Bank that provides traditional banking and other financial services for individuals and businesses. It accepts various deposits products comprising savings accounts, money market deposit accounts, NOW accounts, demand accounts, certificates of deposit, and checking accounts.
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