Sunshine Bancorp Inc (SBCP) Director Buys $53,805.00 in Stock

Sunshine Bancorp Inc (NASDAQ:SBCP) Director Kenneth H. Compton purchased 2,550 shares of the firm’s stock in a transaction that occurred on Thursday, April 20th. The shares were acquired at an average cost of $21.10 per share, for a total transaction of $53,805.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Sunshine Bancorp Inc (NASDAQ:SBCP) traded up 1.05% during midday trading on Friday, reaching $21.24. 22,334 shares of the company were exchanged. The stock’s market capitalization is $163.14 million. Sunshine Bancorp Inc has a 52 week low of $13.85 and a 52 week high of $21.39. The firm’s 50 day moving average price is $20.08 and its 200-day moving average price is $17.50.

Sunshine Bancorp (NASDAQ:SBCP) last issued its quarterly earnings data on Monday, April 17th. The bank reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.02. The firm had revenue of $8.71 million for the quarter. Sunshine Bancorp had a negative net margin of 0.18% and a positive return on equity of 2.33%. Equities analysts forecast that Sunshine Bancorp Inc will post $0.82 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Sunshine Bancorp (NASDAQ:SBCP)

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Separately, Sandler O’Neill initiated coverage on shares of Sunshine Bancorp in a research note on Monday, March 20th. They set a “hold” rating and a $21.00 price target on the stock.

About Sunshine Bancorp

Sunshine Bancorp, Inc (Sunshine Bancorp) is a savings and loan holding company for Sunshine Bank (the Bank). The Bank is a federal stock savings bank. The Bank’s principal business consists of attracting retail deposits from the general public in its market area and investing those deposits, together with funds generated from operations, in commercial real estate loans, commercial business loans, and to a lesser extent, multi-family real estate, land and construction and consumer loans.

5 Day Chart for NASDAQ:SBCP

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