bnccorp (BNCC:OTC US)
bnccorp (BNCC) Snapshot
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Open
$12.10
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Previous Close
$11.95
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Day High
$12.10
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Day Low
$11.90
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52 Week High
01/14/13 - $13.24
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52 Week Low
05/21/12 - $2.05
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Market Cap
39.3M
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Average Volume 10 Days
4.1K
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EPS TTM
$6.45
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Shares Outstanding
3.3M
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EX-Date
--
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P/E TM
1.8x
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Dividend
--
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Dividend Yield
--
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Related News
bnccorp (BNCC) Related Businessweek News
No Related Businessweek News Foundbnccorp (BNCC) Details
BNCCORP, Inc. operates as the bank holding company for BNC National Bank that provides community banking and wealth management services to small and mid-sized businesses, business owners, professionals, and consumers. The company’s deposit products include checking, savings, money market, and health savings accounts, as well as certificates of deposits. Its loan portfolio comprises commercial and industrial, commercial real estate, construction, agricultural, land and land development, business financing, small business administration, consumer, home equity, and personal loans. The company also offers online banking, merchant, remote deposit capture, HOA lockbox processing, phone banking, bill payment, and interbank transfer services, as well as debit and credit cards. In addition, it offers personal wealth management services in the areas of investment management, and fiduciary services; retirement plans, including 401(k), and defined benefit plans; and tax planning and preparation, accounting and payroll, and business planning services. Further, the company provides mortgage banking services through its 12 locations in Arizona, Minnesota, Iowa, Kansas, Nebraska, and Missouri. It operates community banking and wealth management businesses through 15 locations in Arizona, Minnesota, and North Dakota. The company was founded in 1987 and is headquartered in Bismarck, North Dakota.
bnccorp (BNCC) Key Developments
Justin Currie was recently appointed vice president-corporate controller of BNCCORP Inc. Currie joined BNC in 2002 and has previously served as vice president-internal audit/loan review.
BNCCORP, Inc. named Tracy Scott chairman of its board of directors. Scott, a co-founder of the company and member of the board, is resuming the position of chairman, which he previously held from 1987 to 2007. He also served as the company's CEO from 1987 until November 2000. Scott is succeeding Mark Sheffert, who served in that position since January 2008 and was a member of the board since 2004. Sheffert has decided to retire as chairman and a board member to focus on other business opportunities. He is founder, chairman and CEO of Manchester Cos. Inc.
BNCCORP, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, net interest income was $4,633,000 against $4,645,000 for the same period a year ago. Income before income taxes was $5,860,000 against $1,570,000 for the same period a year ago. Net income available to common shareholders was $3,461,000 against $1,210,000 for the same period a year ago. Diluted earnings per common share were $1.00 against $0.37 for the same period a year ago. Book value per common share was $15.25 against $6.95 for the same period a year ago. The first quarter results reflect higher non-interest income driven primarily by mortgage banking, gains on sales of assets and higher fees and service charges, which were partially offset by slightly lower net interest income and higher non-interest expense when compared to the first quarter of 2012.
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| BNCC:US | $11.90 USD | -0.05 | |
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| No competitor information is available for BNCC. | |||
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Industry Analysis
BNCC
Industry Average
| Valuation | BNCC | Industry Range |
| Price/Earnings | 1.5x |
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| Price/Sales | 0.7x |
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| Price/Book | 0.8x |
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| Price/Cash Flow | 1.4x |
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| TEV/Sales | NM | Not Meaningful |
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