Fulton Bank N.A. Acquires 38,396 Shares of 1st Colonial Bancorp, Inc. (OTCMKTS:FCOB)

Fulton Bank N.A. lifted its holdings in shares of 1st Colonial Bancorp, Inc. (OTCMKTS:FCOB) by 120.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,165 shares of the company’s stock after purchasing an additional 38,396 shares during the period. Fulton Bank N.A. owned 1.47% of 1st Colonial Bancorp worth $1,088,000 at the end of the most recent reporting period.

1st Colonial Bancorp Stock Performance

OTCMKTS:FCOB remained flat at $15.69 on Tuesday. The stock’s fifty day moving average is $15.62 and its 200-day moving average is $14.92. The company has a market cap of $74.89 million, a PE ratio of 10.12 and a beta of 0.70. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 0.90. 1st Colonial Bancorp, Inc. has a one year low of $10.46 and a one year high of $16.00.

1st Colonial Bancorp (OTCMKTS:FCOB) last posted its earnings results on Tuesday, July 23rd. The company reported $0.40 earnings per share for the quarter. 1st Colonial Bancorp had a return on equity of 11.14% and a net margin of 16.80%. The company had revenue of $6.87 million for the quarter.

About 1st Colonial Bancorp

1st Colonial Bancorp, Inc operates as the bank holding company for 1st Colonial Community Bank that provides a range of business and consumer financial services in New Jersey. The company offers various deposit products, including savings accounts, money market accounts, certificates of deposit, club accounts, and business and personal checking accounts.