State Bank Financial Corp (NASDAQ:STBZ) announced a quarterly dividend on Thursday, February 8th, Wall Street Journal reports. Investors of record on Monday, March 5th will be given a dividend of 0.20 per share by the financial services provider on Tuesday, March 13th. This represents a $0.80 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Friday, March 2nd. This is an increase from State Bank Financial’s previous quarterly dividend of $0.14.
State Bank Financial (NASDAQ:STBZ) traded down $0.44 on Thursday, reaching $28.50. 211,455 shares of the company traded hands, compared to its average volume of 111,043. The company has a market cap of $1,135.06, a PE ratio of 24.12, a P/E/G ratio of 1.15 and a beta of 0.96. State Bank Financial has a 1-year low of $24.16 and a 1-year high of $31.75.
State Bank Financial (NASDAQ:STBZ) last issued its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.41 EPS for the quarter, topping the consensus estimate of $0.38 by $0.03. State Bank Financial had a net margin of 18.77% and a return on equity of 9.29%. The firm had revenue of $68.16 million for the quarter, compared to analysts’ expectations of $65.00 million. research analysts expect that State Bank Financial will post 2.07 EPS for the current fiscal year.
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State Bank Financial Company Profile
State Bank Financial Corporation is a bank holding company for State Bank and Trust Company (the Bank). The Bank is a Georgia-based state-chartered bank. The Company offers community banking services to individuals and businesses. Its product line includes loans to small and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, farmland and agricultural production loans, residential mortgage loans, home equity loans, and consumer loans.
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