NasdaqCM:SFBCBanks
Sound Financial Bancorp (SFBC) Stock Shrugs Off Stronger Margins And EPS Growth
Sound Financial Bancorp stock barely flinched today, slipping just 0.5%, even though the quarter delivered a clear earnings jolt. Basic earnings per share for Q2 came in close to US$1, backed by revenue a little above US$11 million. For a small regional bank, that kind of profit engine can matter more than a fractional price move.
The real story is margin power. Over the last twelve months, net profit margin moved into the high teens and earnings climbed sharply, yet the P/E sits at 14.1x...