Salisbury Bancorp
Market Cap
US$118.9m
Last Updated
2021/04/18 23:54 UTC
Data Sources
Company Financials +
Executive Summary
Salisbury Bancorp, Inc. operates as the bank holding company for Salisbury Bank and Trust Company that provides commercial banking, consumer financing, retail banking, and trust and wealth advisory services. More Details
Rewards
Risk Analysis
No risks detected for SAL from our risk checks.
Snowflake Analysis
Very undervalued with flawless balance sheet and pays a dividend.
Share Price & News
How has Salisbury Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SAL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SAL's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-3.3%
SAL
0.04%
US Banks
1.3%
US Market
1 Year Return
25.2%
SAL
70.1%
US Banks
53.8%
US Market
Return vs Industry: SAL underperformed the US Banks industry which returned 70.1% over the past year.
Return vs Market: SAL underperformed the US Market which returned 53.8% over the past year.
Shareholder returns
| SAL | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.3% | 0.04% | 1.3% |
| 30 Day | -9.4% | 0.7% | 5.1% |
| 90 Day | 10.4% | 16.6% | 8.9% |
| 1 Year | 29.1%25.2% | 75.7%70.1% | 56.6%53.8% |
| 3 Year | 2.9%-5.6% | 25.8%14.9% | 64.4%53.6% |
| 5 Year | 50.2%29.7% | 96.5%71.5% | 120.4%95.7% |
Long-Term Price Volatility Vs. Market
How volatile is Salisbury Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Industry Analysts Just Made A Notable Upgrade To Their Salisbury Bancorp, Inc. (NASDAQ:SAL) Revenue Forecasts1 month ago | Simply Wall St
Should You Be Adding Salisbury Bancorp (NASDAQ:SAL) To Your Watchlist Today?2 months ago | Simply Wall St
Salisbury Bancorp, Inc. (NASDAQ:SAL) Looks Like A Good Stock, And It's Going Ex-Dividend SoonValuation
Is Salisbury Bancorp undervalued compared to its fair value and its price relative to the market?
26.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SAL ($41.92) is trading below our estimate of fair value ($57.17)
Significantly Below Fair Value: SAL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SAL is good value based on its PE Ratio (10x) compared to the US Banks industry average (13.3x).
PE vs Market: SAL is good value based on its PE Ratio (10x) compared to the US market (22.4x).
Price to Earnings Growth Ratio
PEG Ratio: SAL is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: SAL is good value based on its PB Ratio (0.9x) compared to the US Banks industry average (1.1x).
Future Growth
How is Salisbury Bancorp forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
12.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SAL's forecast earnings growth (12.9% per year) is above the savings rate (2%).
Earnings vs Market: SAL's earnings (12.9% per year) are forecast to grow slower than the US market (17.9% per year).
High Growth Earnings: SAL's earnings are forecast to grow, but not significantly.
Revenue vs Market: SAL's revenue (6.3% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: SAL's revenue (6.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SAL's Return on Equity is forecast to be low in 3 years time (12.5%).
Past Performance
How has Salisbury Bancorp performed over the past 5 years?
12.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAL has high quality earnings.
Growing Profit Margin: SAL's current net profit margins (27.5%) are higher than last year (25.9%).
Past Earnings Growth Analysis
Earnings Trend: SAL's earnings have grown by 12% per year over the past 5 years.
Accelerating Growth: SAL's earnings growth over the past year (7.3%) is below its 5-year average (12% per year).
Earnings vs Industry: SAL earnings growth over the past year (7.3%) exceeded the Banks industry 3.6%.
Return on Equity
High ROE: SAL's Return on Equity (9.6%) is considered low.
Financial Health
How is Salisbury 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: SAL's Assets to Equity ratio (10.4x) is moderate.
Allowance for Bad Loans: SAL has a sufficient allowance for bad loans (244%).
Low Risk Liabilities: 97% of SAL's liabilities are made up of primarily low risk sources of funding.
Loan Level: SAL has an appropriate level of Loans to Assets ratio (79%).
Low Risk Deposits: SAL's Loans to Deposits ratio (91%) is appropriate.
Level of Bad Loans: SAL has an appropriate level of bad loans (0.5%).
Dividend
What is Salisbury Bancorp current dividend yield, its reliability and sustainability?
2.77%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SAL's dividend (2.77%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: SAL's dividend (2.77%) is low compared to the top 25% of dividend payers in the US market (3.46%).
Stability and Growth of Payments
Stable Dividend: SAL's dividends per share have been stable in the past 10 years.
Growing Dividend: SAL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.6%), SAL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SAL's dividends in 3 years are forecast to be well covered by earnings (17.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.3yrs
Average management tenure
CEO
Rick Cantele (60 yo)
11.83yrs
Tenure
US$854,440
Compensation
Mr. Richard J. Cantele, Jr., also known as Rick has been the Chief Executive Officer of Salisbury BanCorp. Inc., and Salisbury Bank & Trust Company since June 8, 2009 and has been its President since Janua...
CEO Compensation Analysis
Compensation vs Market: Rick's total compensation ($USD854.44K) is above average for companies of similar size in the US market ($USD544.49K).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SAL's management team is seasoned and experienced (6.3 years average tenure).
Board Members
Experienced Board: SAL's board of directors are considered experienced (8.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SAL 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
Salisbury Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Salisbury Bancorp, Inc.
- Ticker: SAL
- Exchange: NasdaqCM
- Founded: 1998
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$118.936m
- Shares outstanding: 2.81m
- Website: https://www.salisburybank.com
Number of Employees
Location
- Salisbury Bancorp, Inc.
- 5 Bissell Street
- PO Box 1868
- Lakeville
- Connecticut
- 6039
- United States
Listings
Biography
Salisbury Bancorp, Inc. operates as the bank holding company for Salisbury Bank and Trust Company that provides commercial banking, consumer financing, retail banking, and trust and wealth advisory service...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/18 23:54 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.