Stewardship Financial Corp (NASDAQ:SSFN) released its earnings results on Tuesday, November 7th. The bank reported $0.19 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The company had revenue of $7.67 million for the quarter. Stewardship Financial Corp had a return on equity of 8.93% and a net margin of 15.36%.
Stewardship Financial Corp (NASDAQ SSFN) traded up $0.30 during mid-day trading on Friday, reaching $10.10. The company had a trading volume of 188 shares, compared to its average volume of 5,338. Stewardship Financial Corp has a 12-month low of $7.92 and a 12-month high of $10.50. The stock has a market cap of $82.13, a price-to-earnings ratio of 13.01 and a beta of 0.10. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.29.
The business also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st were paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend was Tuesday, October 31st. Stewardship Financial Corp’s payout ratio is currently 16.44%.
A hedge fund recently raised its stake in Stewardship Financial Corp stock. Vanguard Group Inc. grew its holdings in shares of Stewardship Financial Corp (NASDAQ:SSFN) by 21.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,821 shares of the bank’s stock after acquiring an additional 5,882 shares during the period. Vanguard Group Inc. owned about 0.39% of Stewardship Financial Corp worth $321,000 as of its most recent SEC filing. Institutional investors and hedge funds own 19.19% of the company’s stock.
Stewardship Financial Corp Company Profile
Stewardship Financial Corporation is a one-bank holding company for Atlantic Stewardship Bank (the Bank). The Company’s principal business is the ownership and supervision of the Bank. The Company, through the Bank, conducts commercial banking business and offers deposit services, including personal and business checking accounts and time deposits, money market accounts and regular savings accounts.
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