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Cornerstone Financial Corporation

Company price
None USD 0.00(0%)
Last update at 2024-10-03T19:02:33.209337Z
Market Cap
7.75M

Momentum Score

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Cornerstone Financial Corporation operates as the bank holding company for Cornerstone Bank that provides various banking products and services for individuals and businesses. It offers checking and money market, savings, and individual retirement accounts, as well as certificates of deposit. The company also provides residential mortgage, commercial real estate, term, and commercial construction loans, as well as lines of credit. In addition, it offers debit cards, remote deposits, and reorder checks; and cash management, and online and mobile banking services. The company was founded in 1999 and is based in Mount Laurel, New Jersey.

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52 Week Price Range
8.10
Low
11.20
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
8.32
Dividend Yield
2.72%
Revenue TTM
2.79M
Revenue Per Share
13.62
Gross Profit TTM
2.79M
Debt / Equity
1.73
ROE
-88.20%
Net Debt
27.96M
ROCE
-
Diluted EPS TTM
-3.16

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31
Type yearly yearly yearly yearly yearly
Date 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31
Income before tax -11.06M -2.01M 3.14M -1.03M -0.25M
Net income -11.95M -1.17M 1.92M -0.56M -0.09M
Selling general administrative 9.47M 6.24M 5.98M 5.30M 4.58M
Selling and marketing expenses - 0.17M 0.13M 0.13M 0.14M
Gross profit 2.79M 14.48M 12.82M 9.58M 7.31M
Ebit 0.00M -2.01M 3.14M -1.03M -0.25M
Ebitda - -1.57M 3.58M -0.30M 0.17M
Depreciation and amortization - 0.44M 0.44M 0.73M 0.43M
Operating income -8.49M -2.01M 3.14M -1.03M -0.25M
Other operating expenses 1.81M 0.79M 0.63M 0.58M -
Interest expense 0.00M 4.30M 4.58M 5.87M 5.59M
Income tax expense 0.89M -0.84M 1.22M -0.46M -0.16M
Total revenue 2.79M 14.48M 12.82M 9.58M 7.31M
Total operating expenses 11.28M 9.06M 8.31M 7.34M -
Cost of revenue 0.00M 0.00M 0.00M 0.00M -
Total other income expense net -2.57M -0.67M -0.59M -0.73M -
Net income from continuing ops -11.95M -1.17M 1.92M -0.56M -
Net income applicable to common shares -12.10M -1.30M 1.79M -0.56M -
Breakdown 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31
Type yearly yearly yearly yearly yearly
Date 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31
Total assets 308.38M 383.79M 354.02M 306.14M 247.53M
Other current assets 0.82M 1.58M 2.15M 1.48M -
Total liab 300.35M 364.72M 336.27M 288.33M 29.26M
Total stockholder equity 5.53M 19.07M 17.75M 17.81M 15.38M
Other current liab - -5.00M -4.88M -4.67M -
Common stock - - - - 8.28M
Retained earnings -13.16M -1.06M 1.11M -0.71M -
Other liab 1.83M 1.41M 1.12M 1.28M -
Other assets 195.66M 285.73M 253.66M 243.99M 204.42M
Cash 54.88M 5.04M 5.33M 4.74M 5.03M
Total current liabilities 281.72M 5.00M 4.88M 4.67M -
Net debt - 27.96M 27.55M 32.81M 24.22M
Short term debt 16.80M 5.00M 4.88M 4.67M -
Short long term debt 16.80M 5.00M 32.88M 37.55M -
Short long term debt total - 33.00M 32.88M 37.55M 29.26M
Other stockholder equity 0.09M 17.73M 16.73M 16.62M 7.10M
Property plant equipment 7.71M 7.71M 7.81M 7.87M -
Total current assets 62.29M 6.62M 7.48M 6.23M 6.25M
Long term investments 42.72M 85.17M 86.50M 49.63M -
Net tangible assets 5.53M 16.97M 15.85M 15.91M -
Net receivables - 1.58M 2.15M 1.48M 1.22M
Long term debt 16.80M 28.00M 32.88M 37.55M -
Inventory 6.59M 5.26M 0.83M - -
Accounts payable 281.72M 330.31M 302.27M 249.49M -
Accumulated other comprehensive income - 0.30M -1.99M - -
Non currrent assets other - -91.44M -92.88M -55.93M -36.87M
Non current assets total - 91.44M 92.88M 55.93M 36.87M
Breakdown 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31
Type yearly yearly yearly yearly yearly
Date 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31
Investments 49.78M 6.26M -40.36M -19.70M -
Change to liabilities 0.00M 0.00M 0.00M 0.00M -
Total cashflows from investing activities 86.62M 0.15M -45.37M -64.54M -
Net borrowings -25.00M 0.12M -4.68M 8.30M -
Total cash from financing activities -72.58M 28.23M 47.97M 58.74M 34.91M
Change to operating activities 0.36M -4.14M -0.99M 0.50M -
Net income -11.95M -1.17M 1.92M -0.56M -0.09M
Change in cash 17.04M 28.81M 4.29M -4.63M -4.72M
Begin period cash flow 37.84M 9.03M 4.74M 9.37M 14.08M
End period cash flow - 37.84M 9.03M 4.74M 9.37M
Total cash from operating activities 3.00M 0.43M 1.69M 1.18M 0.22M
Depreciation 0.48M 0.44M 0.44M 0.73M 0.43M
Other cashflows from investing activities 1.14M -1.35M 0.14M -0.20M -
Dividends paid -0.15M -0.13M -0.13M 0.13M -0.00M
Change to account receivables - 0.08M -0.30M -1.37M -
Sale purchase of stock 0.75M 0.20M 0.20M 2.98M -
Other cashflows from financing activities -48.59M 38.36M 313.08M 1312.23M 1456.93M
Change to netincome 13.26M 5.22M 0.67M 1.91M -
Capital expenditures 0.48M 0.34M 0.33M 0.10M 2.10M
Change in working capital - -4.06M -0.46M -0.96M -0.14M
Stock based compensation - 0.14M 0.61M 8.67M 0.16M
Other non cash items - 10.47M -0.08M 2.66M 0.17M
Free cash flow - 0.08M 1.36M 1.08M -1.88M

Peer Comparison*

Sector: Financial Services Industry: Banks - Regional

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
DBSDY
DBS Group Holdings Ltd ADR
0.20
0.09%
231.02 20.00 17.57 7.54 3.17
CIHHF
China Merchants Bank Co Ltd Class H
-
-%
6.66 7.70 7.10 0.55 0.83
CIHKY
China Merchants Bank Co Ltd
-0.36
1.07%
33.16 7.79 7.20 0.55 0.85
UNCFF
UniCredit SpA
-
-%
84.14 11.53 10.27 5.72 1.83

Profile*

Cornerstone Financial Corporation

Cornerstone Financial Corporation operates as the bank holding company for Cornerstone Bank that provides various banking products and services for individuals and businesses. It offers checking and money market, savings, and individual retirement accounts, as well as certificates of deposit. The company also provides residential mortgage, commercial real estate, term, and commercial construction loans, as well as lines of credit. In addition, it offers debit cards, remote deposits, and reorder checks; and cash management, and online and mobile banking services. The company was founded in 1999 and is based in Mount Laurel, New Jersey.

6000 Midlantic Drive, Mount Laurel, NJ, United States, 08054

856 439 0300

Name Title Year Born
Mr. Eugene D. D'Orazio Pres & Director 1963
Mr. Benjamin F. Watts Exec. VP, CFO & Treasurer 1954
Ms. Donna J. McDermott Sr. VP of HR NA
Mr. Richard Sima Director of Information Technology NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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