Anchor Bancorp (NASDAQ:ANCB) Announces Earnings Results

Anchor Bancorp (NASDAQ:ANCB) posted its quarterly earnings results on Monday, October 29th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.03, MarketWatch Earnings reports. Anchor Bancorp had a return on equity of 7.23% and a net margin of 9.07%. The company had revenue of $5.87 million for the quarter.

Shares of NASDAQ ANCB traded down $0.01 during mid-day trading on Thursday, reaching $25.77. The company had a trading volume of 270 shares, compared to its average volume of 2,084. Anchor Bancorp has a twelve month low of $24.00 and a twelve month high of $30.05. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $64.04 million, a PE ratio of 13.22 and a beta of 0.82.

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

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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. Its loan products include commercial and multi-family real estate, one-to-four family real estate, construction and land, consumer, and commercial business loans.

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Earnings History for Anchor Bancorp (NASDAQ:ANCB)

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