National Penn Bancshares - NPBC: A Safe Roth IRA Investment

National Penn Bancshares, Inc., also known as National Penn Bank, stock ticker NPBC, currently pays a 7 cent dividend, which is a 3.37% dividend yield. NPBC is a bank holding company. They operate as an independent community banking company that offers a diversified range of financial products principally through its bank subsidiary, National Penn Bank, as well as an range of investment, insurance and employee benefit services through its non-bank subsidiaries.
National Penn Bancshares, Inc. has approximately $8.5 billion in assets, are based in Pennsylvania. Headquartered in Boyertown, National Penn operates 122 branch offices comprising 121 branches in Pennsylvania and one branch in Maryland through National Penn Bank and its KNBT and Nittany Bank divisions.
National Penn’s financial services affiliates are National Penn Wealth Management, N.A., including its National Penn Investors Trust Company division; National Penn Capital Advisors, Inc.; Institutional Advisors LLC; National Penn Insurance Services Group, Inc., including its Higgins Insurance division; and Caruso Benefits Group, Inc.
They put a strong focus on building relationships with customers through personal service, sophisticated products and technology, local decision-making and a strong community presence.
Here are some current NPBC statistics:
52 week6.06 - 9.43
Vol / Avg.994,944.00/769,075.00
Mkt cap1.27B
P/E13.43
Div/yield$0.07/3.37%
EPS0.62
Shares152.36M
Beta0.72
Inst. own76%
NPBC have split their stock multiple times or provided a sweet 3% stock dividend during the past 9 years. This is a great statistic to look for when investing your hard earned dollars into a company on the NYSE or NASDAQ. NPBC's current dividend is very safe and they continue to pile on gains to their loyal stock holders.
Recent Stock Splits & Special Dividends:
Ex-Dividend DateRecord DateAnnounce DatePay DateType of Dividend
9/5/2007          9/7/20078/22/20079/28/20073% stock dividend
9/6/2006          9/8/20068/23/20069/30/20063% stock dividend
10/3/2005        9/9/20058/24/20059/30/20055-for-4 stock split
10/1/20049/10/20048/25/20049/30/20045-for-4 stock split
9/10/20039/12/20038/27/20039/30/20035% stock dividend
As the financial sector continues to solidify NPBC will outperform because of their excellent regional banking skills. Scott Fainor, President/CEO/Directior is fueling NPBC with his expertise and Thomas Beaver, Lead Independent Chairman of the Board is a great financial mind.
NPBC Contact Information:
National Penn Bancshares Inc
Philadelphia & Reading Avenues
PO Box 547
Boyertown, PA 19512
United States
Phone: 1-610-369-9101
In summary, National Penn Bancshares is a great local bank with excellent management skills. NPBC will grow over time and is a safe investment at $8.31, stock price as of June 6th, 2012.
To learn more about NPBC click here for their Shareholder Services webpage, as well as here for their FAQs. If you need to purchase a bank stock for your Roth IRA portfolio I highly suggest NPBC. They are a stable regional bank. If you need any more convincing, click here ---> National Penn Exceeds Competitors In Forbes 2011 Best Banks In America Ranking
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