People In Business NASDAQ 2

USA

Martin S. Friedman starts fourth year as Access National Director 18 June 2018

NEWS BITES - PEOPLE IN BUSINESS

Martin S. Friedman was appointed Director of Access National (NASDAQ:ANCX) three years ago on June 18, 2015. The shares were up from $US19.9 to $US29.1 and the total annualized return to shareholders (TRS) since appointment is 16.5%. The present value of USD1,000 (PV1000) invested on the appointment date is now worth $US1,581, a gain of $US463 and dividend reinvested of $US118.

SECTION 1 BIOGRAPHY MARTIN S. FRIEDMAN, DIRECTOR

Mr. Friedman has served as a Director of Access National Bank and the holding company since 2009. He also served as Vice Chairman of both Boards from June 2015 to March 2017. Mr. Friedman has been co-founder and CEO of FJ Capital Management, an investment fund firm based in Arlington, Virginia, since 2008. He was previously Director of Research for Friedman, Billings, Ramsey from 1998 to 2007. Prior to that, he was a securities analyst with an expertise in financial institutions with the same firm from 1992 to 1998. Mr. Friedman served on the Board of Directors for Guaranty Savings Bank in Metairie, Louisiana from 2008 to 2009. Mr. Friedman graduated from the University of Maryland with a B.S. degree in Finance and has over 18 years of experience in commercial and investment banking industries.

PermID: 34413897499

SECTION 2 ACCESS NATIONAL CORPORATION PRICE PERFORMANCE SCORECARD (NASDAQ:ANCX):

2.1 Access National Corporation is placed 1,282/2,194 in the BSS News Bites ranking of price performance of NASDAQ stocks in the past year, a percentile ranking of 41.

+ Martin S. Friedman became Director of Access National Corporation on Jun 18,2015. The company's performance, measured in average annualised shareholder returns in the past three years, has been above average in that time - investors have reaped 17% compared to 17% for the NASDAQ-100 Index.

2.2 MCap History:

Market Capitalization has increased by $US379 million from $US217.2 million to $US596.2 million since appointment.

ANCXShare Price (USD)Market Capitalisation (USD)
Last29.15596.2 million
1 Year ago27.14563.4 million
2 Years ago19.92215.5 million
Jun 18, 201519.92217.2 million

2.3 Moving Annual Return (Trailing 12 months):

Based on a dynamic start date of 4 years ago, the Moving Annual Return has been positive in 3 of the last 4 years. An investment in ANCX a year ago would have produced a return of 9.6%

ANCXCloseDividendsCapital Gain / (Loss) %% YieldAnnual Return %
Last Traded Jun 18$US29.1560.0c7.42.29.6
1 Year ago$US27.1460.0c36.3339.3
2 Years ago$US19.9260.0c(4.3)2.9-1.4
3 Years ago$US20.8191.0c53.76.760.4

Close 4 years ago $US13.54.

2.4 Present Value of $US1000 invested in the past

The present value of $US1000 invested a year ago is $US1,080

PV$10001-week1-month1-year
ANCX.NASDAQ1,0001,0631,080
NASDAQ-100 Index1,0151,0441,273

2.5 Trailing Price Change %

1-Year price change for Access National was 7.4%. Compared with the NASDAQ-100 Index which rose 27.0% in the year, the relative price change was -19.6%.

Price Change %1-Month3-Month1-Year
ANCX5.5-1.67.4
Bank sector-0.4-0.219.1
NASDAQ-100 Index5.12.827.0

SECTION 3 ACCESS NATIONAL CORPORATION FINANCIALS AND GROWTH PERFORMANCE SCORECARD (NASDAQ:ANCX):

3.1 Key Financials (All figures percent)

Return on Equity deteriorated from 14.1% in 2015 to 3.9% in 2017, Operating Margin deteriorated from 54.0% in 2015 to 29.8% in 2017 and EPS Growth deteriorated from 9.8% in 2015 to -40.6% in 2017.

ANCXRevenue GrowthEPS GrowthOperating MarginROE
201790.9-40.629.83.9
201614.56.251.213.6
201513.49.85414.1

3.2 Growth

+ Revenue growth rate has shown signs of recovery in recent years. [Year ended, all figures in %]

YearRevenue GrowthEPS GrowthEBITDA Growth
Dec 1790.9-40.611.2
Dec 1614.56.28.5
Dec 1513.49.8-9.4
Dec 147.34.75.8
Dec 13-2.3-25.7-27.8

3.3 Revenue and Net Profit

In the last 5 years Compound Annual Growth Rate (CAGR) averaged 21.1% for Total Revenue and -1.4% for Net Profit.

DescriptionAnnual ($US M)5-year Avg ($US M)5-year CAGR %
Total Revenue95.55421.1
EBITDA28.525.7-3.6
Net Profit16.515.1-1.4

CAGR = Compound Annual Growth Rate

3.4 Performance (All figures in %)

Net Profit Margin 5-year average is 31.7% and Return on Equity 5-year average is 12.0%.

DescriptionAnnual5-year Avg
EBITDA Margin29.854.3
Operating Profit Margin29.849.6
Net Profit Margin17.331.7
Return on Equity3.912.0
Return on Assets0.61.2

3.5 High Performance Indicator:

DescriptionValueRank In NASDAQ Market
Earnings Yield %3.2In Top Quartile

SECTION 4 ACCESS NATIONAL CORPORATION GLOBAL RANK (NASDAQ:ANCX):

4.1 Global Rank

Global Rank [out of 47,578 stocks]

DescriptionValueRankQuartile
MCap (US$)596M11,494Top
Total Assets (US$)2.9B5,728Top
Revenue (US$)95.5M20,139Second
Net Profit (US$)16.5M13,200Second
Return on Equity %3.923,553Second
Net Profit Margin %17.36,933Top
Price to Book2.523,343Second
Price Earnings31.514,622Second
Yield %2.112,748Second
PV$1000 (1Year) US$1,08017,355Second
US$ Change (1Year) %4.817,103Second
Rel Strength 6 Mo (US$)6914,628Second

SECTION 5 OTHER DIRECTORS OF ACCESS NATIONAL CORPORATION

Michael W. Clarke, Chief Executive Officer & President & Director

Michael Anzilotti, Chairman & Director

Margaret M. Taylor, Chief Financial Officer

Gary D. LeClair, Director

Janet A. Neuharth, Director

Robert C. Shoemaker, Director & Executive Vice President

Mary Leigh McDaniel, Director

John W. (Skip) Edgemond, Director

Childs Frick Burden, Director

J. Randolph Babbitt, Director

Mark D. Moore, Director

Thomas M. Kody, Director

Martin S. Friedman, Director

SECTION 6 ACCESS NATIONAL CORPORATION ACTIVITIES

Access National Corporation serves as the parent company for its wholly owned subsidiary, Access National Bank (the Bank). The Bank is the primary operating business of the Company. It provides commercial credit, deposit and mortgage services to middle-market businesses and associated professionals, primarily in the greater Washington, District of Columbia. Metropolitan Area. The Company, which does not have any significant operations, has two other wholly owned subsidiaries, Access National Capital Trust I and Access National Capital Trust II, formed for the purpose of issuing redeemable capital securities.

SECTION 7 RECENT NEWS ON DIRECTORS

7.1 SHAREHOLDER VALUE ADDED BY DIRECTORS

18 June 2018

Michael Anzilotti starts fourth year as Access National Chairman

Michael Anzilotti was appointed Chairman of Access National (NASDAQ:ANCX) three years ago on June 18, 2015. The shares were up from $US19.9 to $US29.1 and the total annualized return to shareholders (TRS) since appointment is 16.5%. The present value of USD1,000 (PV1000) invested on the appointment date is now worth $US1,581, a gain of $US463 and dividend reinvested of $US118.

18 April 2018

Thomas M. Kody brings seven-bagger value to Access National

Thomas M. Kody was appointed Director of Access National (NASDAQ:ANCX) sixteen years ago on April 18, 2002. The present value of USD1,000 (PV1000) invested on the appointment date is $US7,027, for a capital gain of $US4,618 and dividend reinvested of $US1,410.

18 February 2018

Michael Anzilotti brings two-bagger value to Access National

Michael Anzilotti was appointed Director of Access National (NASDAQ:ANCX) four years ago on February 18, 2014. The present value of USD1,000 (PV1000) invested on the appointment date is $US2,229, for a capital gain of $US932 and dividend reinvested of $US297. In the same period the shares were up 93.2% from $US14.9 to $US28.8.

26 January 2018

Michael W. Clarke brings two-bagger value to Access National

Michael W. Clarke was appointed CEO of Access National (NASDAQ:ANCX) seven years ago on January 26, 2011. The present value of USD1,000 (PV1000) invested on the appointment date is $US2,815, for a capital gain of $US1,265 and dividend reinvested of $US550.

7.2 RECENT REPORTED BUYING

30 May 2018

Access National director Thomas M. Kody buys

Access National (NASDAQ:ANCX) Director Thomas M. Kody bought 730 shares worth $US20,002 on May 25. The purchase price was $US27.40.

30 May 2018

Access National director Mary Leigh McDaniel buys

Access National (NASDAQ:ANCX) Director Mary Leigh McDaniel bought 383 shares worth $US10,494 on May 25. The purchase price was $US27.40.

30 May 2018

Access National director Mark D. Moore buys

Access National (NASDAQ:ANCX) Director Mark D. Moore bought 22 shares worth $US603 on May 25. The purchase price was $US27.40.

30 May 2018

Access National director Janet A. Neuharth buys

Access National (NASDAQ:ANCX) Director Janet A. Neuharth bought 219 shares worth $US6,001 on May 25. The purchase price was $US27.40.

30 May 2018

Access National chief financial officer Margaret M. Taylor buys

Access National (NASDAQ:ANCX) Chief Financial Officer Margaret M. Taylor bought 55 shares worth $US1,507 on May 25. The purchase price was $US27.40.

27 February 2018

Access National director Thomas M. Kody buys

Access National (NASDAQ:ANCX) Director Thomas M. Kody bought 728 shares worth $US20,001 on February 23. The purchase price was $US27.47.

27 February 2018

Access National director Mary Leigh McDaniel buys

Access National (NASDAQ:ANCX) Director Mary Leigh McDaniel bought 364 shares worth $US10,001 on February 23. The purchase price was $US27.47.

27 February 2018

Access National director Mark D. Moore buys

Access National (NASDAQ:ANCX) Director Mark D. Moore bought 22 shares worth $US604 on February 23. The purchase price was $US27.47.

27 February 2018

Access National director Janet A. Neuharth buys

Access National (NASDAQ:ANCX) Director Janet A. Neuharth bought 218 shares worth $US5,989 on February 23. The purchase price was $US27.47.

27 February 2018

Access National chief financial officer Margaret M. Taylor buys

Access National (NASDAQ:ANCX) Chief Financial Officer Margaret M. Taylor bought 55 shares worth $US1,511 on February 23. The purchase price was $US27.47.

Source: www.BuySellSignals.com