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Sussex Bancorp (SBBX.OQ)

SBBX.OQ on NASDAQ Stock Exchange Global Market

27.90USD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Sussex Bancorp reports 49% increase in Q3 net income, declares cash dividend
Monday, 30 Oct 2017 04:30pm EDT 

Oct 30 (Reuters) - Sussex Bancorp :Sussex Bancorp reports a 49% increase in net income for the third quarter 2017 and declared a cash dividend.Q3 earnings per share $0.33.Q3 earnings per share view $0.33 -- Thomson Reuters I/B/E/S.Sussex Bancorp - ‍net interest income on a fully tax equivalent basis increased 19.8% to $7.7 million for Q3 2017 versus $6.5 million for same period in 2016​.  Full Article

Sussex Bancorp reports Q2 earnings per share $0.25
Thursday, 27 Jul 2017 08:04pm EDT 

July 27 (Reuters) - Sussex Bancorp :Sussex Bancorp reports strong loan and deposit growth driving EPS results for the second quarter 2017.Q2 earnings per share $0.25.Q2 earnings per share view $0.33 -- Thomson Reuters I/B/E/S.Q2 earnings per share $0.34 excluding items.Sets quarterly cash dividend of $0.06per share.Sussex Bancorp - Net interest income on a fully tax equivalent basis increased $1.1 million, to $7.1 million for Q2 of 2017 versus $5.9 million for same period in 2016.  Full Article

Sussex Bancorp announces pricing of common stock offering
Friday, 16 Jun 2017 09:15am EDT 

June 16 (Reuters) - Sussex Bancorp -:Sussex Bancorp announces pricing of common stock offering.Says public offering of 1.14 million common shares priced at $24.00per share.  Full Article

Sussex Bancorp raises quarterly cash dividend by 50 pct to $0.06 per share
Wednesday, 26 Apr 2017 04:19pm EDT 

April 26 (Reuters) - Sussex Bancorp :Sussex Bancorp declares a 50% increase in its quarterly cash dividend.Increases quarterly cash dividend by 50 percent to $0.06 per share.  Full Article

Sussex Bancorp says if merger terminated Community Bank Bergen County will pay termination fee of about $1.8 mln
Tuesday, 11 Apr 2017 05:42pm EDT 

Community Bank Of Bergen County Nj :Sussex Bancorp- if merger terminated, Community Bank Of Bergen County, may be required to pay co termination fee of about $1.8 million, under certain circumstances.  Full Article

Sussex Bancorp announces merger with Community Bank of Bergen County, NJ
Tuesday, 11 Apr 2017 09:00am EDT 

Sussex Bancorp : Sussex Bancorp announces a merger with Community Bank Of Bergen County, NJ . Transaction is presently valued at $45.4 million, or approximately $23.52 per CMTB share . Deal for approximately $23.52 per CMTB share . Says on a pro forma basis, transaction is expected to be accretive to Sussex Bancorp's 2018 earnings per share by approximately 12% . Transaction is expected to be accretive to Sussex Bancorp's 2018 earnings per share by approximately 12% . Transaction has been unanimously approved by Boards of Directors of both companies and is expected to be completed during Q3 of 2017 . As per agreement, each outstanding share of Community Bank common stock will be exchanged for 0.97 shares of SBBX common stock . Deal is expected to be accretive to tangible book value per share of about 1% at closing assuming a transaction close in Q3 of 2017 . Two other members of Board of Directors of Community Bank will join Board of Directors of both Sussex Bancorp and Sussex Bank . Says two other members of Board of Directors of Community Bank will join Board of Directors of both Sussex Bancorp and Sussex Bank .Effective at closing of deal, Peter Michelotti will become COO, Senior Executive Vice President of Sussex Bancorp and Sussex Bank.  Full Article

Basswood Capital Management L.L.C. reports 5.8 pct passive stake in Sussex Bancorp
Wednesday, 8 Feb 2017 09:57am EST 

:Basswood Capital Management, L.L.C. reports 5.8 percent passive stake in Sussex Bancorp as of Dec 31, 2016 - SEC filing.  Full Article

SUSSEX BANCORP REPORTS Q4 EARNINGS OF $0.32 PER SHARE
Thursday, 26 Jan 2017 05:46pm EST 

Sussex Bancorp : SUSSEX BANCORP REPORTS A 67% INCREASE IN NET INCOME DRIVEN BY LOAN AND DEPOSIT GROWTH FOR THE FOURTH QUARTER 2016 AND DECLARES A QUARTERLY CASH DIVIDEND . Q4 EARNINGS PER SHARE $0.32 . Q4 EARNINGS PER SHARE VIEW $0.29 -- THOMSON REUTERS I/B/E/S .NET INTEREST INCOME ON A FULLY TAX EQUIVALENT BASIS INCREASED $1.3 MILLION, OR 23.8%, TO $6.7 MILLION FOR Q4.  Full Article

Sussex Bancorp declares quarterly cash dividend
Thursday, 28 Jan 2016 05:00pm EST 

Sussex Bancorp:Board of Directors declared a quarterly cash dividend of $0.04 per share.Payable on February 25 to common shareholders of record date as on February 11.  Full Article

BRIEF-Sussex Bancorp reports 49% increase in Q3 net income, declares cash dividend

* Sussex Bancorp reports a 49% increase in net income for the third quarter 2017 and declared a cash dividend