Media coverage about Severn Bancorp (NASDAQ:SVBI) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Severn Bancorp earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 46.6015149751781 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of Severn Bancorp (SVBI) remained flat at $7.20 during midday trading on Friday. 1,995 shares of the stock traded hands. The stock’s 50-day moving average price is $7.21 and its 200 day moving average price is $7.19. The company has a market capitalization of $87.39 million, a PE ratio of 36.00 and a beta of 0.82. Severn Bancorp has a 12 month low of $6.25 and a 12 month high of $8.07.
Severn Bancorp (NASDAQ:SVBI) last released its quarterly earnings results on Friday, July 28th. The bank reported $0.07 earnings per share for the quarter. Severn Bancorp had a net margin of 8.54% and a return on equity of 3.55%. The business had revenue of $7.01 million for the quarter. On average, equities research analysts predict that Severn Bancorp will post ($0.05) EPS for the current fiscal year.
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Severn Bancorp Company Profile
Severn Bancorp, Inc is a savings and loan holding company. The Company conducts business through its subsidiaries, Severn Savings Bank, FSB (the Bank) and SBI Mortgage Company (SBI). The Bank offers a range of deposit products and originates mortgages in its market of Anne Arundel County, Maryland and in other parts of Maryland, Delaware and Virginia.
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