Stewardship Financial (NASDAQ:SSFN) released its earnings results on Thursday. The bank reported $0.17 earnings per share for the quarter, Bloomberg Earnings reports. Stewardship Financial had a return on equity of 8.38% and a net margin of 15.36%. The firm had revenue of $7.69 million for the quarter.
Stewardship Financial (NASDAQ SSFN) traded up $0.10 during trading hours on Friday, reaching $11.35. The company’s stock had a trading volume of 600 shares, compared to its average volume of 11,349. Stewardship Financial has a 1 year low of $7.92 and a 1 year high of $12.75. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.24. The firm has a market capitalization of $97.26, a price-to-earnings ratio of 15.55 and a beta of 0.21.
The business also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 1.06%. The ex-dividend date was Wednesday, January 31st. Stewardship Financial’s payout ratio is 16.44%.
A hedge fund recently raised its stake in Stewardship Financial stock. Vanguard Group Inc. raised its stake in Stewardship Financial Co. (NASDAQ:SSFN) by 21.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,821 shares of the bank’s stock after buying an additional 5,882 shares during the quarter. Vanguard Group Inc. owned 0.39% of Stewardship Financial worth $321,000 as of its most recent filing with the Securities and Exchange Commission. 20.72% of the stock is owned by institutional investors.
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About Stewardship Financial
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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