ECB Bancorp Inc (ECBE) news stock charts
ECB Bancorp Inc (ECBE) Investment Summary:
We are a North Carolina corporation organized during 1998 by the Bank and at the direction of its Board of Directors to serve as the Bank’s parent holding company. We operate as a bank holding company registered with the Federal Reserve Board, and our primary business activity is owning the Bank and promoting its banking business. Through the Bank, we engage in a general, community-oriented commercial and consumer banking business. The Bank is an insured, North Carolina-chartered bank that was founded in 1919. Its deposits are insured under the FDIC’s Deposit Insurance Fund to the maximum amount permitted by law, and it is subject to supervision and regulation by the FDIC and the North Carolina Commissioner of Banks. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f14%2f0001193125-08-057508.html#FIS_BUSINESS"ECB BANCORP INC (ECBE:NASDAQ)
Snapshot of ECB BANCORP INC (ECBE)
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OPEN
$11.66
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PREVIOUS CLOSE
$11.40
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DAY HIGH
$11.68
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DAY LOW
$11.66
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52 WEEK HIGH
06/25/09 - $21.18
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52 WEEK LOW
01/8/10 - $11.00
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MARKET CAP
33.3M
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AVERAGE VOLUME 10 D
3.2K
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EPS TTM
$0.18
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SHARES OUTSTANDING
2.8M
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EX-DATE
03/25/10
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P/E TTM
64.9x
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DIVIDEND
$0.28
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DIVIDEND YIELD
4.70%
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| K = Thousands M = Millions B = Billions | ||
Key developments for ECB BANCORP INC (ECBE)
ECB Bancorp Inc. announced that on March 16, 2010, the Corporation's Board of Directors declared a quarterly cash dividend of $0.07 per share, payable April 12, 2010 to shareholders of record on March 29, 2010. The announced First Quarter 2010 dividend of $0.07 is a reduction from the previous quarterly dividend of $0.1825 and represents a current annual yield of 2.5% based on the closing price of $11.35 for ECB Bancorp Stock on March 16, 2010.
ECB Bancorp Inc. plans to make acquisitions. The firm declared a quarterly cash dividend of $0.07 per share, payable April 12, 2010 to shareholders of record on March 29, 2010. A. Dwight Utz, President and CEO, ECB Bancorp stated, The Board of Directors of ECB Bancorp and of The East Carolina Bank recognizes that the company has an opportunity for growth based on the current landscape of our industry and the eastern North Carolina market in which we operate. The reduction in the dividend will permit us to retain additional earnings and will add to the companys current strong capital position and support our continued organic growth as well as any opportunity to grow through acquisitions. The dividend announced for first quarter 2010 is reflective of historical dividends as a percentage of earnings paid to our shareholders for the past 20 years prior to the economic downturn and recession of recent years. Going forward the Board of Directors has indicated it plans to review the dividend on a quarterly basis and adjust it appropriately based on future earnings and economic conditions.
ECB Bancorp Inc. expected to Report Q1 2010 Results on April 19, 2010. This event was calculated by Capital IQ (Created on February 19, 2010).
ECB Bancorp Inc financial resources
ECBE Competitors
| Company | Last | Change |
| BB&T Corp | $31.85 USD | -0.06 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | ECBE | Industry Range |
| Price/Earnings | 65.0x |
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| Price/Sales | 1.3x |
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| Price/Book | 0.5x |
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| Price/Cash Flow | 21.6x |
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| TEV/Sales | NM | Not Meaningful |
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ECBE |
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ECBE transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent Financial News About ECB Bancorp Inc
ECB BANCORP INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
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ECB Bancorp Announces First Quarter 2010 Dividend
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ECB Bancorp, Inc. Reports 2009 Fourth Quarter and Annual Results
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ECB BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
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ECB Bancorp, Inc. Reports 2009 Fourth Quarter and Annual Results
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ECB Bancorp, Inc. Reports Declaration of Quarterly Cash Dividend
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ECB Names New Chief Financial Officer-Thomas M. Crowder
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ECB BANCORP INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
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ECB Names New Chief Financial Officer-Thomas M. Crowder
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ECB Bancorp, Inc. Reports Declaration of Quarterly Cash Dividend
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ECB BANCORP INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
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ECB BANCORP INC Files SEC form 10-Q, Quarterly Report
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ECB BANCORP INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
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ECB Bancorp, Inc. CEO Interview: Dwight Utz
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ECB BANCORP INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
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ECB Bancorp, Inc. Reports 2009 Third Quarter Financial Results
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ECB BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
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Unique to Banking, James J. Burson Named as ECB's First Chief Revenue Officer
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