Last $3.91 USD
Change Today +0.03 / 0.77%
Volume 62.9K
SNBC On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

sun bancorp inc-nj (SNBC) Snapshot

Open
$3.86
Previous Close
$3.88
Day High
$3.91
Day Low
$3.85
52 Week High
04/4/14 - $4.16
52 Week Low
04/22/13 - $2.95
Market Cap
339.2M
Average Volume 10 Days
142.0K
EPS TTM
$-0.12
Shares Outstanding
86.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SUN BANCORP INC-NJ (SNBC)

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sun bancorp inc-nj (SNBC) Details

Sun Bancorp, Inc. operates as the bank holding company for Sun National Bank that provides various commercial and consumer banking services in New Jersey. The company offers various deposit instruments consisting of checking accounts, savings accounts, money market accounts, certificates of deposits, and individual retirement accounts, as well as business checking accounts. Its loan portfolio includes commercial and industrial loans, such as short-term and long-term business loans, lines of credit, mortgage loans on commercial real estate, and construction loans to developers and builders; and home equity lines of credit and loans, second mortgage loans, residential real estate loans, consumer loans, and small business loans. The company also provides cash management services comprising electronic banking, sweep accounts, lockbox services, Internet banking, remote deposits, and controlled disbursement services; investment services, including insurance, annuities, mutual funds, securities brokerage, and real estate investment trusts; and equipment leasing services, as well as enters into financial derivative transactions primarily consisting of interest rate swaps. As of December 31, 2012, it operated a network of 62 locations in New Jersey. Sun Bancorp, Inc. was founded in 1985 and is headquartered in Vineland, New Jersey.

631 Employees
Last Reported Date: 03/14/14
Founded in 1985

sun bancorp inc-nj (SNBC) Top Compensated Officers

Chairman of the Board, Interim Chief Executiv...
Total Annual Compensation: $178.2K
Founder and Chairman Emeritus
Total Annual Compensation: $356.4K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $86.3K
Executive Vice President of Sun National Bank...
Total Annual Compensation: $280.0K
Chief Administrative Officer of Sun National ...
Total Annual Compensation: $250.0K
Compensation as of Fiscal Year 2012.

sun bancorp inc-nj (SNBC) Key Developments

Sun Bancorp Announces Management Changes

Sun Bancorp has announced that Thomas O'Brien will replace Thomas Geisel as CEO pending regulatory approval. Chairman Sidney Brown has served as interim President and CEO since December.

Sun Bancorp, Inc. and Sun National Bank Appoint Thomas M. O'Brien as President and Chief Executive Officer

Sun Bancorp Inc. announced that the Company and its Sun National Bank (Bank), have agreed to hire Thomas M. O'Brien as the President and Chief Executive Officer of the Company and the Bank, subject to prior receipt of regulatory non-objection from the Federal Reserve Board and the Office of the Comptroller of the Currency. Mr. O'Brien will serve as a consultant to the Board of Directors of the Bank and will not assume the duties and responsibilities of President and CEO until such regulatory non-objections are received. Sidney R. Brown, Chairman of the Board of the Company, will continue to serve as Interim President and Chief Executive Officer until the time Mr. O'Brien becomes an employee. Mr. O'Brien is an accomplished leader in the financial services industry with over 37 years of industry experience. He has served on the board of BankUnited Inc. since May 2012 and has extensive knowledge of the banking industry in the Northeastern U.S. Mr. O'Brien served as President and Chief Executive Officer of State Bank of Long Island/State Bancorp Inc. from November 2006 to January 2012. He is currently Trustee and Chairman of the Audit Committee of Prudential Insurance Company of America $175 Billion Annuity Fund Complex, Vice-Chairman of the board and Chairman of the Finance Committee of Archcare and Catholic Healthcare Foundation for the Archdiocese of New York.

Sun Bancorp Inc Names Theresa M. Trainum as Senior Vice President and Chief Operating Officer

Sun Bancorp Inc. has named Theresa M. Trainum as senior vice president and chief operating officer. In her new role, Trainum will oversee daily operations and team management at Sun Home Loans, leading initiatives across key areas including strategic planning, compliance, finance, customer service, business development and marketing.

 

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SNBC Competitors

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Industry Analysis

SNBC

Industry Average

Valuation SNBC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.8x
Price/Book 1.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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