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Sun Bancorp Inc (SNBC.OQ)

SNBC.OQ on NASDAQ Stock Exchange Global Select Market

25.00USD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

OceanFirst Financial's Unit Gets Regulatory Approval From OCC To Merge With Sun National Bank
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Oceanfirst Financial Corp ::OCEANFIRST FINANCIAL- ON DEC 4, CO'S UNIT GOT REGULATORY APPROVAL FROM OFFICE OF COMPTROLLER OF CURRENCY TO MERGE WITH SUN NATIONAL BANK -SEC FILING.  Full Article

Sun Bancorp, Inc. announces third quarter net income of $2.7 mln
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Sun Bancorp Inc :Sun Bancorp, Inc. announces third quarter net income of $2.7 million, or $0.14 per diluted share; Board of Directors declares quarterly dividend of $0.01.Q3 earnings per share $0.14.Sun Bancorp Inc - qtrly ‍net interest income was $16.0 million compared to $14.7 million.  Full Article

Sun Bancorp announces redemption of $40 mln of trust preferred securities
Tuesday, 23 May 2017 

May 23 (Reuters) - Sun Bancorp Inc :Sun bancorp, inc. Announces redemption of $40 million of trust preferred securities.Sun bancorp -redemption price will be equal to 100% of principal amount plus accrued interest.Sun bancorp inc - redemption of trust v securities is scheduled to occur on june 30, 2017.Sun bancorp inc - redemption of trust vi securities is scheduled to occur on july 23, 2017.  Full Article

Sun Bancorp reports Q2 earnings per share $0.16
Tuesday, 26 Jul 2016 

Sun Bancorp, Inc. : Announces second quarter earnings: net income of $3.0 million, or $0.16 per diluted share; declares quarterly common cash dividend of $0.01-first in company's history . Q2 earnings per share $0.16 . Net interest income was $14.9 million for quarter ended June 30, 2016, compared to $14.5 million for quarter ended March 31, 2016 ."In second half of 2016, we expect to experience additional savings from expiring leases, anticipated reductions in insurance premiums".  Full Article

BRIEF-OceanFirst Financial's Unit Gets Regulatory Approval From OCC To Merge With Sun National Bank

* OCEANFIRST FINANCIAL- ON DEC 4, CO'S UNIT GOT REGULATORY APPROVAL FROM OFFICE OF COMPTROLLER OF CURRENCY TO MERGE WITH SUN NATIONAL BANK -SEC FILING Source text : (http://bit.ly/2jgvuSZ) Further company coverage: