Suffolk Bancorp (SCNB) 34.30 $SCNB Robbins Arro
Post# of 273249
Posted On: 09/20/2016 9:16:17 PM
Suffolk Bancorp (SCNB) 34.30 $SCNB
Robbins Arroyo LLP: A Class Action Lawsuit Has Been Filed Against Suffolk Bancorp (SCNB)
BusinessWire - Fri Aug 26, 3:32PM CDT
Shareholder rights law firm Robbins Arroyo LLP announces that a class action lawsuit has been filed against Suffolk Bancorp (NYSE: SCNB) in the Supreme Court for the State of New York, County of Suffolk. The complaint is brought on behalf of shareholders of Suffolk for alleged breaches of fiduciary duties in connection with the acquisition of the company by People's United Financial, Inc. (the "Proposed Transaction"
. The complaint alleges that Suffolk officials breached their fiduciary duties by: agreeing to the Proposed Transaction for grossly inadequate consideration; failing to maximize the value of Suffolk to its public stockholders; avoiding competitive bidding; and improperly putting their personal interests ahead of Suffolk's public stockholders. Suffolk operates as a bank holding company for Suffolk County National Bank, which provides commercial and retail banking services.
SCNB: 34.30 (-0.07)
Robbins Arroyo LLP: Acquisition of Suffolk Bancorp (SCNB) by People's United Financial, Inc. (PBCT) May Not Be in Shareholders' Best Interests
BusinessWire - Thu Aug 18, 1:20PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Suffolk Bancorp (NYSE: SCNB) by People's United Financial, Inc. (NASDAQ: PBCT). On June 27, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which People's United will acquire Suffolk Bancorp. Under the terms of the agreement, Suffolk Bancorp shareholders will receive 2.225 shares of People's United common stock for each share of Suffolk Bancorp common stock, for consideration valued at $33.55 based on People's United's closing price on June 24, 2016.
PBCT: 15.68 (-0.03), SCNB: 34.30 (-0.07)
Suffolk Bancorp Reports Second Quarter 2016 Results
BusinessWire - Thu Jul 28, 7:00AM CDT
Suffolk Bancorp (the "Company" (NYSE:SCNB), parent company of Suffolk County National Bank (the "Bank" , today reported net income of $5.8 million, or $0.48 per diluted common share, for the second quarter of 2016 compared to $5.1 million, or $0.43 per diluted common share, a year ago. For the six months ended June 30, 2016, the Company recorded net income of $10.6 million, or $0.89 per diluted common share, versus $9.1 million, or $0.77 per diluted common share for the comparable 2015 year-to-date period.
SCNB: 34.30 (-0.07)
Suffolk Bancorp posts 1Q profit
Automated Insights - Thu Apr 28, 7:22AM CDT
RIVERHEAD, N.Y. (AP) _ Suffolk Bancorp (SCNB) on Thursday reported first-quarter profit of $4.8 million.
SCNB: 34.30 (-0.07)
Suffolk Bancorp Declares Quarterly Dividend
BusinessWire - Wed Apr 27, 7:36AM CDT
Suffolk Bancorp (the "Company" (NYSE:SCNB), parent company of Suffolk County National Bank (the "Bank" , announced that its Board of Directors today declared a quarterly cash dividend of $0.10 per share on its common stock. The dividend will be payable on May 25, 2016 to shareholders of record as of May 11, 2016.
SCNB: 34.30 (-0.07)
BUYINS.NET: CIVB, SCNB, Expected to Trade Higher After Bullish Insider Trading
M2 - Wed Feb 10, 12:30PM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. (NASDAQ:CIVB), (NYSE:SCNB) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.
SCNB: 34.30 (-0.07), CIVB: 14.72 (-0.06)
BUYINS.NET: FCCY, LKFN, LCI, FSBW, SPB, SCNB, Expected to Trade Higher After Bullish Insider Trading
M2 - Tue Feb 09, 7:52AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. 1st Constitution Bancorp (NASDAQ:FCCY), Lakeland Financial Corp (NASDAQ:LKFN), Lannett Company Inc (NYSE:LCI), FARMERS ST BK WEST S (NASDAQ:FSBW), Superior Plus Corp (NYSE:SPB), (NYSE:SCNB) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.
LCI: 32.46 (-0.02), SCNB: 34.30 (-0.07), FSBW: 28.25 (-0.01), SPB: 129.90 (-0.90), FCCY: 13.05 (+0.04), LKFN: 35.51 (+0.08)
BUYINS.NET: OLBK, WFBI, WBB, SCNB, Expected to Trade Higher After Bullish Insider Trading
M2 - Fri Feb 05, 7:52AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. Old Line Bancshares Inc (NASDAQ:OLBK), WASHINGTONFIRST BANKSHARE (NASDAQ:WFBI), (NASDAQ:WBB), (NYSE:SCNB) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.
WBB: 19.30 (-0.10), WFBI: 24.87 (-0.03), OLBK: 19.90 (unch), SCNB: 34.30 (-0.07)
Suffolk Bancorp Reports Fourth Quarter and Full Year 2015 Results
BusinessWire - Thu Jan 28, 7:00AM CST
Suffolk Bancorp (the "Company" (NYSE:SCNB), parent company of Suffolk County National Bank (the "Bank" , today reported net income of $3.6 million, or $0.31 per diluted common share, for the fourth quarter of 2015 compared to $4.1 million, or $0.35 per diluted common share, a year ago. Fourth quarter 2015 net income, excluding the after-tax impact of the previously reported systems conversion expense of $1.4 million to terminate existing technology contracts, would have been $4.7 million or $0.40 per diluted common share.
SCNB: 34.30 (-0.07)
Can Suffolk Bancorp (SCNB) Keep the Earnings Streak Alive This Quarter?
Zacks Equity Research - Zacks Investment Research - Mon Dec 28, 7:57AM CST
Suffolk Bancorp (SCNB) has seen a nice short-term history of beating earnings estimates, and looks set to crush analyst expectations in its next earnings report.
SCNB: 34.30 (-0.07)
Suffolk Bancorp Announces Agreement With Fiserv for a Comprehensive Core Systems Transformation and a Related Fourth Quarter Restructuring Charge of $1.4 Million
GlobeNewswire - Wed Dec 23, 7:44AM CST
Suffolk Bancorp (the "Company" (NYSE:SCNB), parent company of Suffolk County National Bank (the "Bank" , today announced the execution of final agreements with Fiserv, Inc. pursuant to which the Company intends to convert its core banking platform and many of its ancillary products and services into Fiserv's comprehensive Premier suite of products and services. Relating to the upcoming core conversion, the Company also announced a fourth quarter 2015 restructuring charge of $1.4 million, largely for payments to terminate existing contracts with the provider of the current core system and other vendors and service providers.
FISV: 99.34 (+0.04), SCNB: 34.30 (-0.07), SUBK: 27.25 (-1.26)
Robbins Arroyo LLP: A Class Action Lawsuit Has Been Filed Against Suffolk Bancorp (SCNB)
BusinessWire - Fri Aug 26, 3:32PM CDT
Shareholder rights law firm Robbins Arroyo LLP announces that a class action lawsuit has been filed against Suffolk Bancorp (NYSE: SCNB) in the Supreme Court for the State of New York, County of Suffolk. The complaint is brought on behalf of shareholders of Suffolk for alleged breaches of fiduciary duties in connection with the acquisition of the company by People's United Financial, Inc. (the "Proposed Transaction"
. The complaint alleges that Suffolk officials breached their fiduciary duties by: agreeing to the Proposed Transaction for grossly inadequate consideration; failing to maximize the value of Suffolk to its public stockholders; avoiding competitive bidding; and improperly putting their personal interests ahead of Suffolk's public stockholders. Suffolk operates as a bank holding company for Suffolk County National Bank, which provides commercial and retail banking services. SCNB: 34.30 (-0.07)
Robbins Arroyo LLP: Acquisition of Suffolk Bancorp (SCNB) by People's United Financial, Inc. (PBCT) May Not Be in Shareholders' Best Interests
BusinessWire - Thu Aug 18, 1:20PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Suffolk Bancorp (NYSE: SCNB) by People's United Financial, Inc. (NASDAQ: PBCT). On June 27, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which People's United will acquire Suffolk Bancorp. Under the terms of the agreement, Suffolk Bancorp shareholders will receive 2.225 shares of People's United common stock for each share of Suffolk Bancorp common stock, for consideration valued at $33.55 based on People's United's closing price on June 24, 2016.
PBCT: 15.68 (-0.03), SCNB: 34.30 (-0.07)
Suffolk Bancorp Reports Second Quarter 2016 Results
BusinessWire - Thu Jul 28, 7:00AM CDT
Suffolk Bancorp (the "Company"
(NYSE:SCNB), parent company of Suffolk County National Bank (the "Bank" , today reported net income of $5.8 million, or $0.48 per diluted common share, for the second quarter of 2016 compared to $5.1 million, or $0.43 per diluted common share, a year ago. For the six months ended June 30, 2016, the Company recorded net income of $10.6 million, or $0.89 per diluted common share, versus $9.1 million, or $0.77 per diluted common share for the comparable 2015 year-to-date period. SCNB: 34.30 (-0.07)
Suffolk Bancorp posts 1Q profit
Automated Insights - Thu Apr 28, 7:22AM CDT
RIVERHEAD, N.Y. (AP) _ Suffolk Bancorp (SCNB) on Thursday reported first-quarter profit of $4.8 million.
SCNB: 34.30 (-0.07)
Suffolk Bancorp Declares Quarterly Dividend
BusinessWire - Wed Apr 27, 7:36AM CDT
Suffolk Bancorp (the "Company"
(NYSE:SCNB), parent company of Suffolk County National Bank (the "Bank" , announced that its Board of Directors today declared a quarterly cash dividend of $0.10 per share on its common stock. The dividend will be payable on May 25, 2016 to shareholders of record as of May 11, 2016. SCNB: 34.30 (-0.07)
BUYINS.NET: CIVB, SCNB, Expected to Trade Higher After Bullish Insider Trading
M2 - Wed Feb 10, 12:30PM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. (NASDAQ:CIVB), (NYSE:SCNB) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.
SCNB: 34.30 (-0.07), CIVB: 14.72 (-0.06)
BUYINS.NET: FCCY, LKFN, LCI, FSBW, SPB, SCNB, Expected to Trade Higher After Bullish Insider Trading
M2 - Tue Feb 09, 7:52AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. 1st Constitution Bancorp (NASDAQ:FCCY), Lakeland Financial Corp (NASDAQ:LKFN), Lannett Company Inc (NYSE:LCI), FARMERS ST BK WEST S (NASDAQ:FSBW), Superior Plus Corp (NYSE:SPB), (NYSE:SCNB) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.
LCI: 32.46 (-0.02), SCNB: 34.30 (-0.07), FSBW: 28.25 (-0.01), SPB: 129.90 (-0.90), FCCY: 13.05 (+0.04), LKFN: 35.51 (+0.08)
BUYINS.NET: OLBK, WFBI, WBB, SCNB, Expected to Trade Higher After Bullish Insider Trading
M2 - Fri Feb 05, 7:52AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. Old Line Bancshares Inc (NASDAQ:OLBK), WASHINGTONFIRST BANKSHARE (NASDAQ:WFBI), (NASDAQ:WBB), (NYSE:SCNB) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.
WBB: 19.30 (-0.10), WFBI: 24.87 (-0.03), OLBK: 19.90 (unch), SCNB: 34.30 (-0.07)
Suffolk Bancorp Reports Fourth Quarter and Full Year 2015 Results
BusinessWire - Thu Jan 28, 7:00AM CST
Suffolk Bancorp (the "Company"
(NYSE:SCNB), parent company of Suffolk County National Bank (the "Bank" , today reported net income of $3.6 million, or $0.31 per diluted common share, for the fourth quarter of 2015 compared to $4.1 million, or $0.35 per diluted common share, a year ago. Fourth quarter 2015 net income, excluding the after-tax impact of the previously reported systems conversion expense of $1.4 million to terminate existing technology contracts, would have been $4.7 million or $0.40 per diluted common share. SCNB: 34.30 (-0.07)
Can Suffolk Bancorp (SCNB) Keep the Earnings Streak Alive This Quarter?
Zacks Equity Research - Zacks Investment Research - Mon Dec 28, 7:57AM CST
Suffolk Bancorp (SCNB) has seen a nice short-term history of beating earnings estimates, and looks set to crush analyst expectations in its next earnings report.
SCNB: 34.30 (-0.07)
Suffolk Bancorp Announces Agreement With Fiserv for a Comprehensive Core Systems Transformation and a Related Fourth Quarter Restructuring Charge of $1.4 Million
GlobeNewswire - Wed Dec 23, 7:44AM CST
Suffolk Bancorp (the "Company"
(NYSE:SCNB), parent company of Suffolk County National Bank (the "Bank" , today announced the execution of final agreements with Fiserv, Inc. pursuant to which the Company intends to convert its core banking platform and many of its ancillary products and services into Fiserv's comprehensive Premier suite of products and services. Relating to the upcoming core conversion, the Company also announced a fourth quarter 2015 restructuring charge of $1.4 million, largely for payments to terminate existing contracts with the provider of the current core system and other vendors and service providers. FISV: 99.34 (+0.04), SCNB: 34.30 (-0.07), SUBK: 27.25 (-1.26)
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