new resource bank (NWBN:OTC BB)
new resource bank (NWBN) Snapshot
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Open
$4.35
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Previous Close
$4.50
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Day High
$4.50
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Day Low
$4.35
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52 Week High
05/17/13 - $4.50
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52 Week Low
09/19/12 - $2.50
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Market Cap
11.1M
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Average Volume 10 Days
4.1K
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EPS TTM
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Shares Outstanding
2.5M
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EX-Date
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P/E TM
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Dividend
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Dividend Yield
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Related News
new resource bank (NWBN) Related Businessweek News
No Related Businessweek News Foundnew resource bank (NWBN) Details
New Resource Bank provides banking products and services to small to middle-size businesses, professionals, and not-for-profit organizations located in San Francisco and surrounding counties. Its deposit products include checking accounts, savings accounts, money market accounts, and certificates of deposit, as well as attorney client trust accounts and solar certificates of deposit. The company’s loan products portfolio comprises home equity lines of credit, home equity loans, executive lines of credit, energy efficiency home equity financing, and solar home equity financing; asset-based lending, commercial lines of credit, commercial term loans, real estate acquisition and refinance loans, real estate construction loans, small business loan programs, renewable energy project financing, U.S. government-guaranteed loan programs, and letters of credit; and non-profit lending. It also offers cash management and online banking services. New Resource Bank primarily focuses on organic foods, clean energy, green building, and non-profits sectors. The company was founded in 2006 and is headquartered in San Francisco, California.
new resource bank (NWBN) Key Developments
New Resource Bank reported unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the bank recorded net income of $187,000 compared with net loss of $56,000 a year ago. Net interest income was $2,049,000 against $1,864,000 for the same a year ago. Net operating income was $214,000 compared to net operating loss of $56,000 a year ago. Book value per outstanding share was $5.03 compared to $4.82 a year ago.
New Resource Bank reported unaudited earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the bank recorded net income of $312,000 compared with net income of $138,000 a year ago. Net interest income was $2.2 million, about a 2% increase from $1.8 million for the same a year ago. Net operating income was $325,000 compared to $138,000 a year ago. For the year ended, net income was $751,000, compared with a net loss of $713,000 a year ago. Net interest income was $7.8 million, up $0.2 million over the same period a year ago. Net operating income was $768,000 compared to Net operating loss of $713,000 a year ago. Book value per outstanding share was $5.03 compared to $5.09 a year ago.
New Resource Bank announced unaudited earning results for the third quarter and nine months ended September 30, 2012. For the quarter, the bank recorded net income of $290,000 compared with net income of $196,000 for the quarter ended September 30, 2011. Interest income was $2,046,000 against $2,071,000 a year ago. Net interest income was $1,999,000 against $2,011,000 a year ago. Net operating income was $293,000 against $196,000 a year ago. For the nine months, the bank recorded net income was $439,000, compared with a net loss of $851,000 for the nine months ended September 30, 2011. Interest income was $5,765,000 against $5,954,000 a year ago. Net interest income was $5,625,000 against $5,768,000 a year ago. Net operating income was $443,000 against net operating loss of $851,000 a year ago. Book value per outstanding share was $4.99 against $4.99 a year ago.
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| NWBN:US | $4.50 USD | 0.00 | |
| Company | Last | Change | |
| No competitor information is available for NWBN. | |||
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Industry Analysis
NWBN
Industry Average
| Valuation | NWBN | Industry Range |
| Price/Earnings | 25.2x |
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| Price/Sales | 2.9x |
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| Price/Book | 0.9x |
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| Price/Cash Flow | 17.1x |
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| TEV/Sales | NM | Not Meaningful |
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To contact NEW RESOURCE BANK, please visit www.newresourcebank.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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