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Suffolk Bancorp is a public company traded on the Nasdaq stock exchange under the ticker symbol SUBK. Suffolk Bancorp is the bank holding company for Suffolk Federal Credit Union, which provides financial services to its members.
One of the critical indicators used to measure a stock's performance is its earnings per share (EPS), which is the net income attributed to each share of the stock. The EPS of Suffolk Bancorp has fluctuated over time, and as of the last quarter, the trailing four quarters EPS is 0.48.
Another essential metric used to assess a stock's performance is the price-to-earnings ratio (P/E ratio), which compares the stock's price to its earnings per share. The P/E ratio of Suffolk Bancorp is currently around 25.74, which implies that investors are willing to pay $25.74 for each dollar of earnings.
In addition to earnings metrics, growth potential is another essential factor to consider when evaluating a stock. Suffolk Bancorp has seen positive growth in recent years, with an average yearly revenue increase of 9.30% over the last five years. Revenue growth has been consistent, with a maximum increase of 12.60% in 2020 and a minimum increase of 6.40% in 2018.
Efficiency ratio, which measures a bank's operating expenses as a percentage of revenue, is another crucial metric for evaluating banking stocks. Suffolk Bancorp's efficiency ratio is 72.59%, indicating that the bank's operating expenses are 72.59% of its revenue. A lower efficiency ratio generally indicates higher profitability.
The balance sheet of Suffolk Bancorp reflects its financial health and capacity to meet its obligations. The company's current ratio, which compares current assets to current liabilities, is 1.21, indicating that Suffolk Bancorp has $1.21 in current assets for every $1 of current liabilities.
In summary, considering investing in Suffolk Bancorp (SUBK), it's vital to analyze various metrics, including earnings per share, price-to-earnings ratio, revenue growth, and efficiency ratio. Though Suffolk Bancorp might still need to match some prominent banking stocks regarding growth and profitability, it's essential to conduct a comprehensive evaluation considering multiple factors to make an informed investment decision. Additionally, keeping track of new developments and consulting with a financial advisor before making investment decisions is essential.
I hope the information I've provided is helpful. Please let me know if you need more information or clarification regarding Suffolk Bancorp's general information, growth, earnings, and other related factors; I'll be glad to help.