State Bank Financial (STBZ) Set to Announce Earnings on Thursday
State Bank Financial (NASDAQ:STBZ) will release its earnings data before the market opens on Thursday, January 25th. Analysts expect State Bank Financial to post earnings of $0.39 per share for the quarter.
State Bank Financial (NASDAQ:STBZ) last released its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.01. State Bank Financial had a net margin of 22.79% and a return on equity of 8.44%. The firm had revenue of $54.01 million during the quarter, compared to analyst estimates of $56.15 million. On average, analysts expect State Bank Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of State Bank Financial (STBZ) opened at $31.15 on Thursday. State Bank Financial has a 52-week low of $24.16 and a 52-week high of $31.75. The company has a market cap of $1,222.78, a PE ratio of 23.25, a PEG ratio of 1.31 and a beta of 0.95.
Several research firms have recently commented on STBZ. Zacks Investment Research raised shares of State Bank Financial from a “sell” rating to a “hold” rating in a research report on Thursday, January 11th. SunTrust Banks reaffirmed a “buy” rating and set a $38.00 price target on shares of State Bank Financial in a research report on Tuesday, January 9th. BidaskClub lowered shares of State Bank Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, December 27th. ValuEngine lowered shares of State Bank Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, December 27th. Finally, Sandler O’Neill upgraded State Bank Financial from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research note on Friday, December 15th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $33.25.
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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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