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Select Bancorp, Inc is currently in a long term uptrend where the price is trading 33.6% above its 200 day moving average.
From a valuation standpoint, the stock is 61.4% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 3.5.
Select Bancorp, Inc's total revenue rose by 31.9% to $18M since the same quarter in the previous year.
Its net income has increased by 28.9% to $4M since the same quarter in the previous year.
Finally, its free cash flow fell by 337.1% to $-11M since the same quarter in the previous year.
Based on the above factors, Select Bancorp, Inc gets an overall score of 4/5.
| ISIN | US81617L1089 |
|---|---|
| CurrencyCode | USD |
| Industry | Banks-Regional |
| Sector | Financial Services |
| Exchange | NASDAQ |
| Target Price | 17.25 |
|---|---|
| PE Ratio | 18.17 |
| Market Cap | 325M |
| Beta | 0.86 |
| Dividend Yield | 0.0% |
Select Bancorp, Inc. operates as the bank holding company for Select Bank & Trust Company that provides banking services to individuals and small to medium-sized businesses. The company accepts deposit products, such as non-interest-bearing demand deposits, money market deposit accounts, NOW accounts, savings accounts, and time deposits, as well as certificates of deposit. Its loan products include 1-to-4 family residential, commercial real estate, multi-family residential, construction, and commercial and industrial loans; loans to individuals; and home equity lines of credit and overdrafts. Select Bancorp, Inc. operates a network of branch offices in Burlington, Charlotte, Clinton, Cornelius, Dunn, Elizabeth City, Fayetteville, Franklin, Goldsboro, Greenville, Highlands, Holly Springs, Leland, Lillington, Lumberton, Morehead City, Raleigh, Sylva, and Wilmington, North Carolina; Blacksburg and Rock Hill, South Carolina; and Virginia Beach, as well as loan production offices in Durham, Wilson, and Winston-Salem, North Carolina. The company was formerly known as New Century Bancorp, Inc. and changed its name to Select Bancorp, Inc. in July 2014. Select Bancorp, Inc. was founded in 2000 and is headquartered in Dunn, North Carolina. As of October 15, 2021, Select Bancorp, Inc. operates as a subsidiary of First Bancorp.
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