$2.80 -0.04 (-1.41%)
2/10/2012 4:00 PM

Sun Bancorp, Inc. /NJ (NASDAQ:SNBC)

CAPS Rating: 3 out of 5

A bank holding company headquartered in New Jersey whose principle subsidiary is Sun National Bank. Through the Bank, the Company provides consumer and business banking services.

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Member Avatar dcsilver (56.51) Submitted: 12/17/2011 8:21:46 AM : Outperform Start Price: $2.27 SNBC Score: +13.27

Insider purchases and Wilbur Ross keeps buying.

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Member Avatar dcrednek (77.29) Submitted: 8/17/2011 10:39:25 AM : Outperform Start Price: $2.64 SNBC Score: -5.17

Vulture investor Wilbur Ross and his company, Invesco, have taken a 22.4% stak in the company; that's about 6% of Invesco's capital base, a sizable stake.

I'll look at the financials later. But like my recommendation some time ago on EQR based on Sam Zell's involvement and leadership, I'm willing to go out on a limb that there's more upside gain than downside risk when Ross gets involved in a company. He's a turnaround guy from the old school; and he doesn't take prisoners.

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Member Avatar djkumquat (79.34) Submitted: 3/25/2011 11:34:05 AM : Outperform Start Price: $3.33 SNBC Score: -17.79

major insider buying.

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Member Avatar winning8 (< 20) Submitted: 3/24/2011 12:59:00 AM : Outperform Start Price: $3.32 SNBC Score: -18.70

insider purchase!

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Member Avatar nikkobear (72.55) Submitted: 4/12/2009 3:22:21 PM : Outperform Start Price: $7.02 SNBC Score: -119.99

small bank, trades on light volume, but it paid back 89 mil of tarp on 4/8/09 and has 3.6 bil in assets! not bad for a bank that isnt in the spotlight

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Member Avatar jasonjr2 (44.43) Submitted: 2/26/2008 2:48:18 PM : Outperform Start Price: $13.32 SNBC Score: -80.02

Quality of leadership has been obtained in there new President and CEO. He is a people person. The key to Sun Bank is to accept the fact that it is a local bank with one hundred branches and about one thousand employees.Encourage investment in the bank not in annuitys.

Results 1 - 6 of 6

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