Absecon Bancorp (ASCN) Stock
Absecon Bancorp serves as the holding company for The First National Bank of Absecon, providing a broad spectrum of financial products and services to both individual and commercial clients. While its primary operational footprint is in Atlantic County, New Jersey, the bank also extends its services to parts of Burlington, Cape May, and Ocean Counties.
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About Absecon Bancorp
Absecon Bancorp serves as the holding company for The First National Bank of Absecon, providing a broad spectrum of financial products and services to both individual and commercial clients. While its primary operational footprint is in Atlantic County, New Jersey, the bank also extends its services to parts of Burlington, Cape May, and Ocean Counties. For personal banking, the institution offers diverse deposit accounts, including checking, NOW, money market, and savings, as well as certificates of deposit (CDs) and individual retirement accounts (IRAs). Lending options for consumers include secured and unsecured personal loans, financing for new and used vehicles, and home equity solutions such as fixed-rate loans and lines of credit. The mortgage portfolio is comprehensive, featuring fixed-rate, construction, and specialized loans for investment properties, second homes, and land purchases. On the commercial front, the bank supports businesses with credit card merchant accounts and a range of financing solutions, including commercial mortgages, business lines of credit, accounts receivable/inventory financing, letters of credit, equipment financing, and demand loans. Additional services encompass credit card merchant processing, wire transfers, direct and night deposits, and modern conveniences like telephone and internet banking. Personal overdraft protection is also available. With its main branches located in Absecon, Galloway Township, and Northfield within Atlantic County, Absecon Bancorp has been a fixture in the community since its establishment in Absecon, New Jersey, in 1916, where its headquarters remain.
Absecon Bancorp is headquartered in US.
Absecon Bancorp (ASCN) stock trades at $121.00 with a market capitalization of $13.25M. The stock is valued at a price-to-earnings (P/E) ratio of 0.00, price-to-book of 0.74, price-to-sales of 1.32. Over the past 52 weeks the stock has ranged between $97.50 and $123.50, and currently trades 2.0% below its 52-week high. It pays a dividend yielding 3.38%.
On profitability, Absecon Bancorp generates a return on equity (ROE) of 9.22%, return on capital employed of 9.12%, an operating margin of 18.08%, a net profit margin of 15.95%.
Official website: www.fnbabsecon.com