Anchor Bancorp (ANCB) Issues Quarterly Earnings Results

Anchor Bancorp (NASDAQ:ANCB) released its quarterly earnings data on Monday. The financial services provider reported $0.52 EPS for the quarter, beating the consensus estimate of $0.49 by $0.03, MarketWatch Earnings reports. Anchor Bancorp had a return on equity of 6.91% and a net margin of 8.32%. The company had revenue of $5.87 million for the quarter.

NASDAQ:ANCB opened at $25.35 on Tuesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.13 and a current ratio of 1.13. Anchor Bancorp has a 12 month low of $24.00 and a 12 month high of $30.05. The stock has a market capitalization of $62.97 million, a price-to-earnings ratio of 13.63 and a beta of 0.69.

Separately, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $31.00 price objective on shares of Anchor Bancorp in a research report on Monday, July 30th.

About Anchor Bancorp

Anchor Bancorp operates as the bank holding company for Anchor Bank that provides various banking products and services in Western Washington. The company accepts deposit products, such as checking, money market deposit, and savings accounts, as well as certificates of deposit. It offers one-to-four family loans, home equity loans and lines of credit, commercial and multi-family real estate loans, commercial business loans, construction and land loans, unsecured consumer loans, and automobile loans; and other cash management services.

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Earnings History for Anchor Bancorp (NASDAQ:ANCB)

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