November 21, 2016 - By Ellis Scott · 0 Comments
Jacksonville Bancorp Inc (NASDAQ:JXSB) institutional sentiment decreased to 1 in 2016 Q2. Its down -2.00, from 3 in 2016Q1. The ratio worsened, as 3 active investment managers started new and increased positions, while 1 decreased and sold their stakes in Jacksonville Bancorp Inc. The active investment managers in our partner’s database reported: 174,257 shares, up from 170,293 shares in 2016Q1. Also, the number of active investment managers holding Jacksonville Bancorp Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 0 Increased: 3 New Position: 0.
Jacksonville Bancorp, Inc. is the bank holding firm for Jacksonville Savings Bank . The company has a market cap of $53.57 million. The Bank is an Illinois-chartered savings bank. It has a 17.78 P/E ratio. The Bank is engaged in the business of attracting retail deposits from the general public in its market area and using such funds, together with borrowings and funds from other sources, to originate mortgage loans secured by one- to four-family residential real estate, commercial and agricultural real estate, and home equity loans.
It is down 14.30% since April 19, 2016 and is uptrending. It has outperformed by 10.44% the S&P500.
According to Zacks Investment Research, “Jacksonville Bancorp, Inc. is an Illinois chartered savings bank headquartered in Jacksonville, Illinois, and operates branch offices located in Morgan, Macoupin, and Montgomery counties in Illinois.”
Minerva Advisors Llc holds 0.57% of its portfolio in Jacksonville Bancorp Inc for 31,145 shares. Maltese Capital Management Llc owns 63,769 shares or 0.22% of their US portfolio. Moreover, Fj Capital Management Llc has 0.05% invested in the company for 8,000 shares. The New York-based Alliancebernstein L.P. has invested 0% in the stock. Blackrock Fund Advisors, a California-based fund reported 232 shares.#img1#
Jacksonville Bancorp, Inc., incorporated on March 10, 2010, is the bank holding firm for Jacksonville Savings Bank (the Bank). The Bank is an Illinois-chartered savings bank. The Bank is a community-oriented savings bank engaged primarily in the business of attracting retail deposits from the general public in its market area and using such funds, together with borrowings and funds from other sources, to originate mortgage loans secured by one- to four-family residential real estate, commercial and agricultural real estate, and home equity loans. The Bank also originates commercial and agricultural business loans, and consumer loans. Additionally, the Bank invests in the United States Government agency securities, bank-qualified, general obligation municipal issues and mortgage-backed securities issued or guaranteed by the United States Government or enterprises. The Bank maintains a portion of its assets in liquid investments, such as overnight funds at the Federal Home Loan Bank. The Bank’s principal sources of income are interest income on loans and investments, sales of loans and securities, service charges, commissions, card interchange income and other fees. The Company’s principal expenses are interest paid on deposits, employee compensation and benefits, occupancy and equipment expense, and data processing and telecommunications expense. The Bank also operates an investment center at its main office. The Firm operate a full-service trust department, which is primarily engaged in asset management. The Firm also provides institutional trust services for regional bond issuers.
More recent Jacksonville Bancorp Inc (NASDAQ:JXSB) news were published by: Prnewswire.com which released: “Ameris Bancorp Signs Definitive Merger Agreement to Acquire Jacksonville …” on October 01, 2015. Also Prnewswire.com published the news titled: “Jacksonville Bancorp, Inc. Announces Organizational Changes” on December 10, 2013. Jacksonville.com‘s news article titled: “Ameris Bank completes merger with Jacksonville Bank and parent company” with publication date: March 14, 2016 was also an interesting one.
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By Ellis Scott