Kenneth Hornowski - ASB Bancorp Independent Director
Director
Dr. Kenneth E. Hornowski serves as the Independent Director of ASB Bancorp Inc., since 1998. He is a retired local dentist and has served as an adjunct professor of dentistry at the University of North Carolina at Chapel Hill since 2001. He also is a advocate of Asheville Savings Bank through his civic and community involvement. since 1998.
| Age | 62 |
| Tenure | 26 years |
| Professional Marks | Ph.D |
| Phone | 828 254-7411 |
| Web | www.ashevillesavingsbank.com |
ASB Bancorp Management Efficiency
ASB Bancorp's management efficiency ratios could be used to measure how well ASB Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.The company currently holds 20.31 M in liabilities with Debt to Equity (D/E) ratio of 7.73, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist ASB Bancorp until it has trouble settling it off, either with new capital or with free cash flow. So, ASB Bancorp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ASB Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ASB to invest in growth at high rates of return. When we think about ASB Bancorp's use of debt, we should always consider it together with cash and equity.
Similar Executives
| Showing other executives | DIRECTOR Age | ||
| Randall Thoman | Southwest Gas Holdings | 66 | |
| Ronald Mittelstaedt | SkyWest | 54 | |
| Robert Coretz | Air Transport Services | 54 | |
| Raymond Johns | Air Transport Services | 63 | |
| Thomas Thomas | Southwest Gas Holdings | 62 | |
| Steven UdvarHazy | SkyWest | 72 | |
| Anne Mariucci | Southwest Gas Holdings | 63 | |
| Terrance Wright | Southwest Gas Holdings | 65 | |
| Andrew Roberts | SkyWest | 57 | |
| Thomas Chestnut | Southwest Gas Holdings | 67 | |
| Linda Marvin | Allegiant Travel | 56 | |
| Montie Brewer | Allegiant Travel | 60 | |
| Keith Smith | SkyWest | 57 | |
| Gary Ellmer | Allegiant Travel | 64 | |
| Meredith Madden | SkyWest | 44 | |
| Laura Peterson | Air Transport Services | 58 | |
| Arthur Lichte | Air Transport Services | 64 | |
| Jeffrey Vorholt | Air Transport Services | 65 | |
| Jose Cardenas | Southwest Gas Holdings | 67 | |
| Steve Albrecht | SkyWest | 71 | |
| Charles Pollard | Allegiant Travel | 60 | |
Management Performance
| Return On Equity | 1.31 | |||
| Return On Asset | 0.0015 |
ASB Bancorp Leadership Team
Elected by the shareholders, the ASB Bancorp's board of directors comprises two types of representatives: ASB Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ASB. The board's role is to monitor ASB Bancorp's management team and ensure that shareholders' interests are well served. ASB Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ASB Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Wyatt Stevens, Independent Director | ||
| Kirby Tyndall, CFO, Executive Vice President of the Bank | ||
| Kenneth Wrench, Director | ||
| Leslie Green, Independent Director | ||
| David Kozak, Chief Credit Officer, Executive VP, Chief Credit Officer of Asheville Savings Bank and Executive VP of Asheville Savings Bank | ||
| Stephen Miller, Independent Director | ||
| Suzanne DeFerie, CEO and President Director, CEO of Asheville Savings Bank and President of Asheville Savings Bank | ||
| John Dickson, Independent Director | ||
| Vikki Bailey, Chief Retail Officer, Executive VP, Chief Retail Officer of Asheville Savings Bank and Executive VP of Asheville Savings Bank | ||
| Alison Smith, Director | ||
| John Gould, Independent Vice Chairman of the Company and Bank | ||
| Lawrence Seidman, Director | ||
| Kenneth Hornowski, Independent Director | ||
| Patricia Smith, Independent Chairman of the Company and Bank |
ASB Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ASB Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 1.31 | |||
| Return On Asset | 0.0015 | |||
| Profit Margin | 3.28 % | |||
| Operating Margin | 31.47 % | |||
| Current Valuation | 156.71 M | |||
| Shares Outstanding | 3.79 M | |||
| Shares Owned By Insiders | 19.92 % | |||
| Shares Owned By Institutions | 36.54 % | |||
| Number Of Shares Shorted | 112.21 K | |||
| Price To Earning | 118.37 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ASB Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ASB Bancorp's short interest history, or implied volatility extrapolated from ASB Bancorp options trading.
Pair Trading with ASB Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ASB Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ASB Bancorp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Fifth Third could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fifth Third when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fifth Third - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fifth Third Bancorp to buy it.
The correlation of Fifth Third is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fifth Third moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fifth Third Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fifth Third can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the ASB Bancorp information on this page should be used as a complementary analysis to other ASB Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Consideration for investing in ASB Stock
If you are still planning to invest in ASB Bancorp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ASB Bancorp's history and understand the potential risks before investing.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |