Suffolk Bancorp Newswire

Suffolk Bancorp Newswire

Comprehensive Real-Time News Feed for Suffolk Bancorp.

Results 1 - 20 of 129 in Suffolk Bancorp

  1. Suffolk Bancorp (SCNB) Announces Quarterly Dividend of $0.10Read the original story w/Photo

    4 hrs ago | AmericanBankingNews.com

    Suffolk Bancorp declared a quarterly dividend on Thursday, July 28th. Investors of record on Wednesday, August 10th will be paid a dividend of 0.10 per share on Wednesday, August 24th.

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  2. Suffolk Bancorp net risesRead the original story w/Photo

    7 hrs ago | Long Island Business News

    Suffolk Bancorp, parent of Suffolk County National Bank, reported second quarter net income increased by 13 percent to $5.8 million from a year ago, The Riverhead-based bank a attributed the better performance to a $1.2 million increase in net interest income and a $19,000 increase in non-interest income. The bank's operating expenses grew by $145,000 and its tax rate grew to 27.2 percent from 23.6 percent a year ago.

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  3. CRE Exposure Looms Large over Bank M&ARead the original story w/Photo

    Wednesday | American Banker

    Suffolk Bancorp in New York, which recently agreed to sell to People's United Financial, discouraged several suitors from bidding due to concerns about concentrations of commercial real estate loans at those banks. The disclosures highlight the challenges that banks with heavy CRE exposure could face - as buyers or sellers - if they want to do deals.

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  4. People's United Financial Inc. (PBCT) Rating Increased to Hold at Zacks Investment ResearchRead the original story w/Photo

    Tuesday Jul 26 | AmericanBankingNews.com

    According to Zacks, "People's United's second-quarter 2016 earnings beat the Zacks Consensus Estimate, driven by higher revenues, partially offset by rise in expenses and provisions. We remain optimistic with expansion moves of the company with latest deals to acquire Gerstein Fisher and Suffolk Bancorp, both of which are anticipated to be accretive to earnings.

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  5. People's United Financial Inc. (PBCT) Upgraded to Hold by Zacks Investment ResearchRead the original story w/Photo

    Tuesday Jul 26 | AmericanBankingNews.com

    According to Zacks, "People's United's second-quarter 2016 earnings beat the Zacks Consensus Estimate, driven by higher revenues, partially offset by rise in expenses and provisions. We remain optimistic with expansion moves of the company with latest deals to acquire Gerstein Fisher and Suffolk Bancorp, both of which are anticipated to be accretive to earnings.

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  6. People's United Financial's (PBCT) CEO Jack Barnes on Q2 2016 Results - Earnings Call TranscriptRead the original story w/Photo

    Thursday Jul 21 | Seeking Alpha

    ... over the second quarter in more detail, I wanted to take a moment to talk about our announced acquisition of Suffolk Bancorp and Gerstein Fisher, which are two more successful steps in executing our strategy of growing and strengthening People's ...

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  7. Analysts Set $31.50 Price Target for Suffolk BancorpRead the original story w/Photo

    Thursday Jul 21 | AmericanBankingNews.com

    Shares of Suffolk Bancorp have received a consensus broker rating score of 3.00 from the three analysts that provide coverage for the company, Zacks Investment Research reports. Three research analysts have rated the stock with a hold rating.

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  8. Suffolk Bancorp (SCNB) to Release Earnings on WednesdayRead the original story w/Photo

    Tuesday Jul 19 | AmericanBankingNews.com

    Suffolk Bancorp will release its earnings data on Wednesday, July 20th. Analysts expect Suffolk Bancorp to post earnings of $0.41 per share for the quarter.

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  9. Suffolk Bancorp (SCNB) Stock Rating Upgraded by Zacks Investment ResearchRead the original story w/Photo

    Wednesday Jul 6 | Daily Political

    According to Zacks, "SUFFOLK BANCORP is a holding company which thru its subsidiaries is engaged in the general banking business. The Bank is a full-service bank serving the needs of the local residents of eastern Suffolk County.

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  10. Suffolk Bancorp (SCNB) Downgraded to Hold at Maxim GroupRead the original story w/Photo

    Monday Jul 4 | Daily Political

    Separately, Zacks Investment Research downgraded Suffolk Bancorp from a hold rating to a sell rating in a report on Tuesday, March 29th. Suffolk Bancorp opened at 31.31 on Tuesday.

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  11. Suffolk Bancorp (SCNB) Stock Rating Upgraded by Zacks Investment ResearchRead the original story w/Photo

    Friday Jul 1 | AmericanBankingNews.com

    According to Zacks, "SUFFOLK BANCORP is a holding company which thru its subsidiaries is engaged in the general banking business. The Bank is a full-service bank serving the needs of the local residents of eastern Suffolk County.

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  12. Suffolk Bancorp (SCNB) Cut to Market Perform at FIG PartnersRead the original story w/Photo

    Friday Jul 1 | Daily Political

    SCNB has been the subject of several other reports. Maxim Group downgraded shares of Suffolk Bancorp from a buy rating to a hold rating in a report on Tuesday.

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  13. Suffolk Bancorp (SUBK) Rating Reiterated by Maxim GroupRead the original story w/Photo

    Thursday Jun 30 | Daily Political

    's stock had its "hold" rating reaffirmed by stock analysts at Maxim Group in a research report issued on Tuesday. Suffolk Bancorp remained flat at $27.25 during mid-day trading on Tuesday.

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  14. Instant Analysis: People's United Financial Scoops Up Long Island BankRead the original story w/Photo

    Thursday Jun 30 | Fox News

    Connecticut-based People's United Financial is reaching across Long Island Sound for an acquisition. The company said it has agreed to acquire Suffolk Bancorp , a lender named after, and headquartered in, the larger of Long Island's two counties.

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  15. Suffolk Bancorp (SCNB) Upgraded to Hold at Zacks Investment ResearchRead the original story w/Photo

    Thursday Jun 30 | AmericanBankingNews.com

    According to Zacks, "SUFFOLK BANCORP is a holding company which thru its subsidiaries is engaged in the general banking business. The Bank is a full-service bank serving the needs of the local residents of eastern Suffolk County.

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  16. Suffolk Bancorp's (SUBK) Hold Rating Reaffirmed at Maxim GroupRead the original story w/Photo

    Tuesday Jun 28 | AmericanBankingNews.com

    's stock had its "hold" rating reaffirmed by investment analysts at Maxim Group in a research report issued to clients and investors on Tuesday. Suffolk Bancorp remained flat at $27.25 during trading on Tuesday.

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  17. Suffolk Bancorp (SCNB) Lowered to "Market Perform" at FIG PartnersRead the original story w/Photo

    Tuesday Jun 28 | AmericanBankingNews.com

    Suffolk Bancorp opened at 29.33 on Tuesday. The firm's 50 day moving average price is $24.77 and its 200-day moving average price is $25.42.

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  18. Suffolk Bancorp Acquisition May Not Be in the Best Interests of SCNB ShareholdersRead the original story w/Photo

    Apr 28, 2016 | PR Newswire

    ... investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Suffolk Bancorp ("SCNB" or the "Company") in connection with the proposed acquisition of the Company by People's United Financial, Inc. ...

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  19. Suffolk Bancorp (SCNB) Rating Lowered to Hold at Maxim GroupRead the original story w/Photo

    Tuesday Jun 28 | AmericanBankingNews.com

    Separately, Zacks Investment Research cut shares of Suffolk Bancorp from a "hold" rating to a "sell" rating in a research note on Wednesday, May 4th. Shares of Suffolk Bancorp opened at 29.33 on Tuesday.

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  20. Medtronic in $1.1 B Deal with HeartWare, Judge Sides with Energy TransferRead the original story

    Jun 27, 2016 | Ticker

    ... Financial, Inc ( ) declined 6.4% or 97 cents to $14.11 after the retail and mortgage bank agreed to acquire Suffolk Bancorp in a transaction valued at about $402 million. Skullcandy Inc ( ) jumped 5.6% or 33 cents to $6.09 after the audio and gaming ...

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