RNDB

Randolph BancorpNasdaqGM:RNDB Stock Report

Market Cap

US$103.9m

7D

6.4%

1Y

74.0%

Updated

19 Sep, 2021

Data

Company Financials +
RNDB fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends0/6

RNDB Overview

Randolph Bancorp, Inc. operates as the bank holding company for Envision Bank that provides financial services to individuals, families, and small to mid-size businesses in Massachusetts, Rhode Island, and southern New Hampshire.

Randolph Bancorp Competitors

William Penn Bancorporation

NasdaqCM:WMPN

US$175.0m

Severn Bancorp

NasdaqCM:SVBI

US$160.8m

HMN Financial

NasdaqGM:HMNF

US$104.2m

IF Bancorp

NasdaqCM:IROQ

US$71.3m

Price History & Performance

Summary of all time highs, changes and price drops for Randolph Bancorp
Historical stock prices
Current Share PriceUS$21.32
52 Week HighUS$11.30
52 Week LowUS$24.70
Beta0.85
1 Month Change4.92%
3 Month Change-10.42%
1 Year Change74.04%
3 Year Change24.75%
5 Year Change61.88%
Change since IPO74.90%

Recent News & Updates

Jun 10
Do Randolph Bancorp's (NASDAQ:RNDB) Earnings Warrant Your Attention?

Do Randolph Bancorp's (NASDAQ:RNDB) Earnings Warrant Your Attention?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Apr 27

Randolph Bancorp EPS misses by $0.20

Randolph Bancorp (RNDB): Q1 Non-GAAP EPS of $0.79 misses by $0.20; GAAP EPS of $0.78 misses by $0.21.Revenue of $17.51M (+72.5% Y/Y)Press Release

Shareholder Returns

RNDBUS MortgageUS Market
7D6.4%0.6%-0.6%
1Y74.0%14.0%33.8%

Return vs Industry: RNDB exceeded the US Mortgage industry which returned 14% over the past year.

Return vs Market: RNDB exceeded the US Market which returned 33.8% over the past year.

Price Volatility

Is RNDB's price volatile compared to industry and market?
RNDB volatility
RNDB Beta0.85
Industry Beta1.13
Market Beta1

Stable Share Price: RNDB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: RNDB's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1851206Bill Parenthttps://www.randolphbancorp.com

Randolph Bancorp, Inc. operates as the bank holding company for Envision Bank that provides financial services to individuals, families, and small to mid-size businesses in Massachusetts, Rhode Island, and southern New Hampshire. It operates through two segments, Envision Bank and Envision Mortgage. The company accepts checking, NOW, money market, and savings accounts, as well as certificates of deposit and IRAs.

Randolph Bancorp Fundamentals Summary

How do Randolph Bancorp's earnings and revenue compare to its market cap?
RNDB fundamental statistics
Market CapUS$103.90m
Earnings (TTM)US$21.25m
Revenue (TTM)US$74.18m

4.9x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RNDB income statement (TTM)
RevenueUS$74.18m
Cost of RevenueUS$0
Gross ProfitUS$74.18m
ExpensesUS$52.93m
EarningsUS$21.25m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)4.19
Gross Margin100.00%
Net Profit Margin28.64%
Debt/Equity Ratio50.0%

How did RNDB perform over the long term?

See historical performance and comparison

Valuation

Is Randolph Bancorp undervalued compared to its fair value and its price relative to the market?

4.89x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RNDB ($21.32) is trading above our estimate of fair value ($4.29)

Significantly Below Fair Value: RNDB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RNDB is good value based on its PE Ratio (4.9x) compared to the US Mortgage industry average (12x).

PE vs Market: RNDB is good value based on its PE Ratio (4.9x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: RNDB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: RNDB's PB Ratio (1x) is in line with the US Mortgage industry average.


Future Growth

How is Randolph Bancorp forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-68.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RNDB's earnings are forecast to decline over the next 3 years (-68.4% per year).

Earnings vs Market: RNDB's earnings are forecast to decline over the next 3 years (-68.4% per year).

High Growth Earnings: RNDB's earnings are forecast to decline over the next 3 years.

Revenue vs Market: RNDB's revenue is expected to decline over the next 3 years (-78.7% per year).

High Growth Revenue: RNDB's revenue is forecast to decline over the next 3 years (-78.7% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if RNDB's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Randolph Bancorp performed over the past 5 years?

74.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RNDB has high quality earnings.

Growing Profit Margin: RNDB's current net profit margins (28.6%) are higher than last year (13.1%).


Past Earnings Growth Analysis

Earnings Trend: RNDB's earnings have grown significantly by 74.2% per year over the past 5 years.

Accelerating Growth: RNDB's earnings growth over the past year (234.8%) exceeds its 5-year average (74.2% per year).

Earnings vs Industry: RNDB earnings growth over the past year (234.8%) exceeded the Mortgage industry 36.9%.


Return on Equity

High ROE: RNDB's Return on Equity (21.1%) is considered high.


Financial Health

How is Randolph Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: RNDB's Assets to Equity ratio (7.4x) is low.

Allowance for Bad Loans: RNDB has a sufficient allowance for bad loans (102%).

Low Risk Liabilities: 89% of RNDB's liabilities are made up of primarily low risk sources of funding.

Loan Level: RNDB has an appropriate level of Loans to Assets ratio (73%).

Low Risk Deposits: RNDB's Loans to Deposits ratio (95%) is appropriate.

Level of Bad Loans: RNDB has an appropriate level of bad loans (1.2%).


Dividend

What is Randolph Bancorp current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RNDB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RNDB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RNDB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RNDB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RNDB's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Bill Parent (59 yo)

1.42yrs

Tenure

US$1,058,887

Compensation

Mr. William M. Parent, also known as Bill, serves as a President, Chief Executive Officer & Director at Randolph Bancorp, Inc. and Envision Bank since April 1, 2020. He had been the Chief Executive Officer...


CEO Compensation Analysis

Compensation vs Market: Bill's total compensation ($USD1.06M) is above average for companies of similar size in the US market ($USD544.49K).

Compensation vs Earnings: Insufficient data to compare Bill's compensation with company performance.


Leadership Team

Experienced Management: RNDB's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: RNDB's board of directors are considered experienced (8.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RNDB insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Randolph Bancorp, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Randolph Bancorp, Inc.
  • Ticker: RNDB
  • Exchange: NasdaqGM
  • Founded: 1851
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$103.896m
  • Shares outstanding: 4.87m
  • Website: https://www.randolphbancorp.com

Number of Employees


Location

  • Randolph Bancorp, Inc.
  • 10 Cabot Place
  • Stoughton
  • Massachusetts
  • 2072
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 22:11
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.