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.
Flawless balance sheet with acceptable track record.
Share Price & News
How has Randolph Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RNDB has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: RNDB underperformed the US Mortgage industry which returned -25.4% over the past year.
Return vs Market: RNDB underperformed the US Market which returned -10.4% over the past year.
Price Volatility Vs. Market
How volatile is Randolph Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StWhat Kind Of Shareholder Owns Most Randolph Bancorp, Inc. (NASDAQ:RNDB) Stock?
2 months ago | Simply Wall StIs Randolph Bancorp, Inc.'s (NASDAQ:RNDB) CEO Overpaid Relative To Its Peers?
3 months ago | Simply Wall StDid You Miss Randolph Bancorp's (NASDAQ:RNDB) 19% Share Price Gain?
Is Randolph Bancorp undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate RNDB's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RNDB's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RNDB is poor value based on its PE Ratio (15.1x) compared to the Mortgage industry average (10.6x).
PE vs Market: RNDB is poor value based on its PE Ratio (15.1x) compared to the US market (13.1x).
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 is good value based on its PB Ratio (0.6x) compared to the US Mortgage industry average (0.8x).
How is Randolph Bancorp forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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 (-0.9% per year).
Earnings vs Market: RNDB's earnings are forecast to decline over the next 3 years (-0.9% 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 (-45.7% per year).
High Growth Revenue: RNDB's revenue is forecast to decline over the next 3 years (-45.7% 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
How has Randolph Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RNDB has high quality earnings.
Growing Profit Margin: RNDB became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: RNDB has become profitable over the past 5 years, growing earnings by 15.8% per year.
Accelerating Growth: RNDB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RNDB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Mortgage industry (11.1%).
Return on Equity
High ROE: RNDB's Return on Equity (4.4%) is considered low.
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
Inventory Level: RNDB has a low level of unsold assets or inventory.
Debt Coverage by Assets: RNDB's debt is covered by short term assets (assets are 1.7x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RNDB is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: RNDB is profitable, therefore cash runway is not a concern.
Financial Institutions Analysis
Asset Level: RNDB's level of assets compared to its equity is low.
Allowance for Bad Loans: RNDB has a sufficient allowance for bad loans.
Low Risk Liabilities: RNDB's liabilities are made up of primarily low risk sources of funding.
Loan Level: RNDB has an acceptable proportion of non-loan assets held.
Low Risk Deposits: RNDB's loans are broadly funded by customer deposits.
Level of Bad Loans: RNDB has an appropriate level of bad loans (0.69%)
What is Randolph Bancorp's 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 payouts.
High Dividend: Unable to evaluate RNDB's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim McDonough (68yo)
Mr. James P. McDonough, also known as Jim, has been Chief Executive Officer and President of Envision Bank since March 26, 2013. Mr. McDonough served as Chancellor and Chief Financial Officer of the Roman ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD416.46K) is below average for companies of similar size in the US market ($USD602.37K).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
|Executive VP||4.42yrs||US$263.46k||0.48% $238.9k|
|Executive Vice President of Residential Lending||6.58yrs||US$273.83k||0.37% $183.9k|
|Senior VP & Chief Information Officer||6.33yrs||no data||0.52% $255.7k|
|Senior Vice President of Retail Banking & Marketing||6.5yrs||US$209.10k||0.54% $266.4k|
|Senior Vice President of Customer Experience in Residential Lending||2.42yrs||no data||0.24% $121.0k|
|Senior VP & President of First Eastern Mortgage Division||3.75yrs||no data||no data|
|Senior Vice President of Commercial Lending||1yr||no data||0.21% $103.9k|
|Senior VP & Senior Commercial Loan Officer||6.83yrs||US$215.81k||no data|
Experienced Management: RNDB's management team is seasoned and experienced (6.3 years average tenure).
|Independent Director||8.25yrs||US$39.00k||0.42% $207.4k|
|Independent Director||7.25yrs||US$37.00k||0.65% $321.7k|
|Independent Director||7.25yrs||US$39.00k||0.17% $83.6k|
|Independent Director||9.25yrs||US$39.00k||0.37% $181.5k|
|Independent Director||25.25yrs||US$32.00k||0.30% $150.8k|
|Independent Director||13.25yrs||US$40.75k||1.15% $571.0k|
|Independent Director||21.25yrs||US$32.00k||0.36% $176.3k|
Experienced Board: RNDB's board of directors are considered experienced (8.2 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Randolph Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Randolph Bancorp, Inc.
- Ticker: RNDB
- Exchange: NasdaqGM
- Founded: 1851
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$49.614m
- Shares outstanding: 5.17m
- Website: https://www.randolphbancorp.com
Number of Employees
- Randolph Bancorp, Inc.
- 10 Cabot Place
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RNDB||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Jul 2016|
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. It also offers one- to four-family residential mortgage, commercial real estate, commercial and industrial, construction, and consumer loans; home equity loans and lines of credit; and investment securities. In addition, the company provides remote deposit capture products for business customers to meet their online banking needs. As of February 26, 2019, it operated five retail branch locations and loan operations centers in North Attleboro and Stoughton, Massachusetts; and seven loan production offices in Massachusetts and one loan production office in New Hampshire. The company was founded in 1851 and is based in Stoughton, Massachusetts.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 04:15|
|End of Day Share Price||2020/03/31 00:00|
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.