1st Constitution Bancorp (NASDAQ:FCCY) released its quarterly earnings results on Sunday. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.05), MarketWatch Earnings reports. 1st Constitution Bancorp had a net margin of 19.11% and a return on equity of 9.18%.
1st Constitution Bancorp stock traded down $0.03 during midday trading on Tuesday, hitting $18.75. 618 shares of the company were exchanged, compared to its average volume of 20,077. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.97 and a current ratio of 0.98. The business has a fifty day simple moving average of $18.46 and a two-hundred day simple moving average of $16.83. 1st Constitution Bancorp has a fifty-two week low of $10.84 and a fifty-two week high of $22.47. The firm has a market capitalization of $192.49 million, a PE ratio of 12.44 and a beta of 0.71.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 28th. Shareholders of record on Friday, May 14th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.13%. This is a boost from 1st Constitution Bancorp’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend is Thursday, May 13th. 1st Constitution Bancorp’s payout ratio is presently 21.43%.
1st Constitution Bancorp Company Profile
1st Constitution Bancorp operates as the bank holding company for 1st Constitution Bank that provides commercial and retail banking products and services in the central, coastal, and northeastern areas of New Jersey. The company offers deposit products, including interest bearing demand deposits, such as interest-bearing checking accounts, money market accounts, and NOW accounts; and non-interest bearing demand, savings, and time deposits.
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