First South Bancorp Inc (NASDAQ:FSBK) is expected to pay $0.03 on Nov 18, 2016. The indicated annual dividend is $0.12. Shareholders owning the stock before Nov 1, 2016 will be eligible to receive the payout. Based on First South Bancorp Inc’s current price of $9.90, the dividend is 0.30%. This dividend’s record date is Nov 3, 2016 and the announcement date is Oct 21, 2016. The stock closed at $9.9 during the last session. It is down 18.14% since March 29, 2016 and is uptrending. It has outperformed by 14.66% the S&P500.
First South Bancorp, Inc. is the bank holding firm for First South Bank . The company has a market cap of $93.91 million. Through the Bank, the Company operates a commercial banking business. It has a 14.42 P/E ratio. The Bank is a North Carolina chartered commercial bank.
Insitutional Activity: The institutional sentiment increased to 1.2 in Q2 2016. Its up 0.31, from 0.89 in 2016Q1. The ratio improved, as 3 funds sold all First South Bancorp, Inc. shares owned while 7 reduced positions. 3 funds bought stakes while 9 increased positions. They now own 1.73 million shares or 5.72% less from 1.83 million shares in 2016Q1.
Wells Fargo Mn, a California-based fund reported 201 shares. Blackrock Fund Advsrs reported 39,168 shares or 0% of all its holdings. Goldman Sachs Inc accumulated 0% or 24,836 shares. Pinnacle Hldgs Lc accumulated 65,415 shares or 0% of the stock. Nationwide Fund Advisors holds 1,350 shares or 0% of its portfolio. Alliancebernstein Limited Partnership holds 0% or 131,055 shares in its portfolio. California Employees Retirement Systems holds 0% or 18,525 shares in its portfolio. Commercial Bank Of America De accumulated 2 shares or 0% of the stock. Moreover, Blackrock Advisors Limited Liability Co has 0% invested in First South Bancorp, Inc. (NASDAQ:FSBK) for 3,052 shares. Morgan Stanley has invested 0% of its portfolio in First South Bancorp, Inc. (NASDAQ:FSBK). Geode Cap Mngmt Ltd Company holds 0% of its portfolio in First South Bancorp, Inc. (NASDAQ:FSBK) for 42,745 shares. Gendell Jeffrey L accumulated 0.36% or 189,910 shares. Renaissance Techs Ltd Liability Com holds 114,598 shares or 0% of its portfolio. Creative Planning has 0% invested in the company for 5,998 shares. Federated Invsts Pa accumulated 0% or 112 shares.
Insider Transactions: Since May 3, 2016, the stock had 3 insider purchases, and 0 insider sales for $37,438 net activity. 5,000 First South Bancorp, Inc. (NASDAQ:FSBK) shares with value of $42,500 were bought by LEE L STEVEN. $26,482 worth of First South Bancorp, Inc. (NASDAQ:FSBK) shares were bought by ELDER BRUCE W. JABER PAUL S bought $3,658 worth of stock. $7,298 worth of First South Bancorp, Inc. (NASDAQ:FSBK) was bought by GRIFFIN STEVE L.
More notable recent First South Bancorp, Inc. (NASDAQ:FSBK) news were published by: Prnewswire.com which released: “First South Bancorp, Inc. Declares Quarterly Cash Dividend” on October 21, 2016, also Prnewswire.com with their article: “First South Bancorp, Inc. Reports 53% and 59% Increase in Quarterly and YTD …” published on October 20, 2016, Reuters.com published: “BRIEF-First South Bancorp Q3 earnings per share $0.20” on March 26, 2013. More interesting news about First South Bancorp, Inc. (NASDAQ:FSBK) were released by: Prnewswire.com and their article: “First South Bank Announces Purchase of Mortgage Servicing Rights Portfolio” published on July 25, 2016 as well as Prnewswire.com‘s news article titled: “First South Bank Announces Branch Openings, Relocation and Restructuring” with publication date: November 18, 2015.
FSBK Company Profile
First South Bancorp, Inc., incorporated on January 7, 1999, is the bank holding firm for First South Bank (the Bank). Through the Bank, the Company operates a commercial banking business. The Bank is a North Carolina chartered commercial bank. The Bank’s segment is providing general commercial banking services to its markets located in the state of North Carolina. The Bank’s principal business consists of attracting deposits from the general public and investing the funds in commercial real estate loans, commercial and industrial business loans, consumer loans and loans secured by first and second mortgages on owner-occupied, single-family residences in the Bank’s market area. The Bank’s income consists of interest and fees earned on loans and investments, loan servicing and other fees, gains on the sale of loans and investments, and service charges and fees collected on deposit accounts. The Bank’s expenses consist of interest expense on deposits and borrowings and noninterest expense, such as compensation and employee benefits, occupancy expenses, Federal Deposit Insurance Corporation (FDIC) insurance, and other miscellaneous expenses. The Bank makes loans and obtains deposits across eastern and central North Carolina.
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