DNB Financial Corp (NASDAQ:DNBF) – Equities researchers at FIG Partners decreased their Q1 2018 earnings per share estimates for shares of DNB Financial Corp in a research note issued to investors on Wednesday. FIG Partners analyst B. Martin now anticipates that the financial services provider will post earnings per share of $0.49 for the quarter, down from their previous estimate of $0.51. FIG Partners currently has a “Market Perform” rating and a $37.00 price target on the stock. FIG Partners also issued estimates for DNB Financial Corp’s Q4 2018 earnings at $0.58 EPS.
DNB Financial Corp (NASDAQ:DNBF) last announced its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.04. The company had revenue of $10.74 million for the quarter, compared to analyst estimates of $10.30 million. DNB Financial Corp had a net margin of 19.77% and a return on equity of 8.43%. COPYRIGHT VIOLATION WARNING: “Brokers Set Expectations for DNB Financial Corp’s Q1 2018 Earnings (DNBF)” was originally posted by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this article on another domain, it was illegally copied and republished in violation of United States and international copyright law. The legal version of this article can be accessed at https://sportsperspectives.com/2017/11/01/brokers-set-expectations-for-dnb-financial-corps-q1-2018-earnings-dnbf.html.
A number of other brokerages have also recently commented on DNBF. Zacks Investment Research cut shares of DNB Financial Corp from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. ValuEngine cut shares of DNB Financial Corp from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th.
DNB Financial Corp (DNBF) traded down 2.08% during midday trading on Monday, reaching $33.00. 2,962 shares of the company traded hands. The stock’s 50 day moving average is $33.80 and its 200 day moving average is $33.48. DNB Financial Corp has a one year low of $25.05 and a one year high of $35.85. The company has a market capitalization of $140.65 million, a price-to-earnings ratio of 18.43 and a beta of 0.36.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. California State Teachers Retirement System bought a new position in DNB Financial Corp during the second quarter valued at approximately $189,000. ZPR Investment Management grew its position in DNB Financial Corp by 1.9% during the second quarter. ZPR Investment Management now owns 7,060 shares of the financial services provider’s stock valued at $242,000 after acquiring an additional 134 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in DNB Financial Corp by 1.2% during the second quarter. The Manufacturers Life Insurance Company now owns 111,107 shares of the financial services provider’s stock valued at $3,811,000 after acquiring an additional 1,279 shares during the last quarter. State Street Corp bought a new position in DNB Financial Corp during the second quarter valued at approximately $994,000. Finally, Banc Funds Co. LLC grew its position in DNB Financial Corp by 12.7% during the second quarter. Banc Funds Co. LLC now owns 245,767 shares of the financial services provider’s stock valued at $8,430,000 after acquiring an additional 27,679 shares during the last quarter. Institutional investors and hedge funds own 30.10% of the company’s stock.
DNB Financial Corp Company Profile
DNB Financial Corporation is a bank holding company for DNB First, National Association (the Bank). The Company operates through the Community Banking segment. The Bank is a commercial bank providing a range of services to individuals and small to medium sized businesses in the southeastern Pennsylvania market area, including accepting time, demand and savings deposits, and making secured and unsecured commercial, real estate and consumer loans.
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