United States

Sun Bancorp Inc (SNBC.O)

SNBC.O on Nasdaq

22 Jul 2016
Change (% chg)

$0.35 (+1.61%)
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Latest Key Developments (Source: Significant Developments)

Sun Bancorp Inc announces completion of sale of seven locations to Sturdy Savings Bank
Monday, 9 Mar 2015 08:45am EDT 

Sun Bancorp Inc:Completed sale of six offices along with related deposits and certain loans in Cape May County as well as one office in Atlantic County to Sturdy Savings Bank.Says net gain on sale, after adjusting for the book value of fixed assets and certain transaction costs, will be about $9.2 mln.  Full Article

Sun Bancorp Inc completes sale of 1,133,144 shares of common stock - Form 8-K
Friday, 22 Aug 2014 03:07pm EDT 

Sun Bancorp Inc:On Aug. 21,Company completed previously announced sale of aggregate of 1,133,144 shares of common stock, par value $5.00 per share.At purchase price of $17.65 per share, or $19,999,991.60 in the aggregate.  Full Article

Sun Bancorp Inc announces $20 mln equity raise
Thursday, 14 Aug 2014 04:05pm EDT 

Sun Bancorp Inc:Announced that it has entered into purchase agreements to raise about $20 million in new equity through a privately-negotiated sale of its common stock to several institutional and private equity investors.Says it will issue a total of 1,133,144 shares in this transaction at a price per share of $17.65, which was priced based on a 5.2 pct discount from the closing price on Aug. 11.  Full Article

BRIEF-Sun Bancorp reports Q1 earnings per share of $0.04

* Sun bancorp, inc. Announces first quarter earnings: net income of $0.8 million, or $0.04 per diluted share