OverviewSuggest Edit

SB One Bank (formerly known as Sussex Bancorp) provides commercial banking and related financial services to individual, business, and government customers. It operates through two segments, Banking and Financial Services; and Insurance Services. The Company's deposit products include personal and business checking accounts, time deposits, money market accounts, savings accounts, NOW accounts, and demand deposits. Its loan portfolio comprises commercial loans, such as commercial and industrial, commercial real estate, and construction loans; and residential real estate, consumer, mortgage, home equity, and personal loans. Sussex Bancorp also operates as a full service general insurance agency, which offers commercial and personal lines of insurance.

TypePublic
Founded1975
HQParamus, NJ, US
Websitesbone.bank

Latest Updates

Employees (est.) (Dec 2018)216(+55%)
Revenue (FY, 2019)$14.3 M(+34%)
Share Price (Aug 2020)$18.5
Cybersecurity ratingAMore

Key People/Management at SB One Bank

Anthony Labozzetta

Anthony Labozzetta

President & Chief Executive Officer
Vito Giannola

Vito Giannola

Senior Executive Vice President & Chief Banking Officer
Adriano Duarte

Adriano Duarte

Executive Vice President & Chief Financial Officer
Peter Michelotti

Peter Michelotti

Senior Executive Vice President & Chief Operating Officer
Don Haake

Don Haake

Senior Executive Vice President, Regional Banking
Anthony Desenzo

Anthony Desenzo

Executive Vice President & Head of Commercial Lending
Show more

SB One Bank Office Locations

SB One Bank has offices in Paramus, Bloomfield, Edison, Fair Lawn and in 10 other locations
Bloomfield, NJ, US
324 Broad St
Edison, NJ, US
3900 Park Ave #108
Fair Lawn, NJ, US
12-79 River Rd
Frankford, NJ, US
11 U.S. 206 #100 2032, Augusta
Hackettstown, NJ, US
430 Schooleys Mountain Rd
Kenilworth, NJ, US
490 Kenilworth Blvd
Show all (16)

SB One Bank Financials and Metrics

SB One Bank Revenue

SB One Bank's revenue was reported to be $14.35 m in FY, 2019
USD

Revenue (Q1, 2020)

3.7m

Net income (Q1, 2020)

5.1m

Market capitalization (7-Aug-2020)

174.6m

Closing stock price (7-Aug-2020)

18.5

Cash (31-Mar-2020)

12.4m

EV

397.2m
SB One Bank's current market capitalization is $174.6 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

5.3m7.0m6.1m6.0m6.5m7.8m8.3m10.7m14.3m

Revenue growth, %

8%11%56%

Sales and marketing expense

172.0k285.0k260.0k281.0k326.0k311.0k308.0k587.0k545.0k

R&D expense

1.3m1.7m1.7m2.1m2.2m3.4m4.0m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

3.9m6.3m5.5m3.0m2.9m14.6m3.3m11.8m9.5m

Accounts Receivable

342.8m387.0m466.3m537.8m688.6m813.4m1.5b1.6b

Inventories

PP&E

6.8m6.5m6.9m8.7m8.9m8.7m8.4m19.2m19.1m
USDQ2, 2011

Financial Leverage

12.3 x
Show all financial metrics

SB One Bank Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

SB One Bank Online and Social Media Presence

Embed Graph

SB One Bank News and Updates

SB One Bank Opens Newest Banking Center in Weehawken, NJ

PARAMUS, N.J., Aug. 01, 2019 (GLOBE NEWSWIRE) -- SB One Bank is proud to announce the opening of its newest banking center in Weehawken, NJ located at 1000 Port Imperial Avenue.  This location represents the bank’s entry into Hudson County, further expanding their geographic footprint in northern …

SB One Bank Frequently Asked Questions

  • When was SB One Bank founded?

    SB One Bank was founded in 1975.

  • Who are SB One Bank key executives?

    SB One Bank's key executives are Anthony Labozzetta, Vito Giannola and Adriano Duarte.

  • How many employees does SB One Bank have?

    SB One Bank has 216 employees.

  • What is SB One Bank revenue?

    Latest SB One Bank annual revenue is $14.3 m.

  • What is SB One Bank revenue per employee?

    Latest SB One Bank revenue per employee is $66.4 k.

  • Who are SB One Bank competitors?

    Competitors of SB One Bank include InforcePRO, Jordan Ahli Bank and COL.

  • Where are SB One Bank offices?

    SB One Bank has offices in Paramus, Bloomfield, Edison, Fair Lawn and in 10 other locations.

  • How many offices does SB One Bank have?

    SB One Bank has 16 offices.