OTCPK:ADKT

Stock Analysis Report

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Executive Summary

The Adirondack Trust Company provides banking and financial services to individuals and businesses in New York.

Rewards

PE ratio (9.9x) is below the US market (17.8x)

Earnings grew by 3.7% over the past year

Risk Analysis

No risks detected for ADKT from our risk checks.


Snowflake Analysis

Adequate balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Adirondack Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ADKT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

ADKT

-0.7%

US Banks

1.3%

US Market


1 Year Return

-3.9%

ADKT

-23.5%

US Banks

14.9%

US Market

Return vs Industry: ADKT exceeded the US Banks industry which returned -23.5% over the past year.

Return vs Market: ADKT underperformed the US Market which returned 14.9% over the past year.


Shareholder returns

ADKTIndustryMarket
7 Day0%-0.7%1.3%
30 Day-1.3%2.6%4.7%
90 Day-1.3%4.8%17.1%
1 Year-0.9%-3.9%-20.8%-23.5%17.3%14.9%
3 Year6.0%-3.5%-15.5%-22.2%38.9%29.9%
5 Year13.0%-3.5%8.5%-4.7%71.3%52.8%

Price Volatility Vs. Market

How volatile is Adirondack Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Adirondack Trust undervalued compared to its fair value and its price relative to the market?

9.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ADKT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ADKT's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ADKT is poor value based on its PE Ratio (9.9x) compared to the US Banks industry average (9.6x).

PE vs Market: ADKT is good value based on its PE Ratio (9.9x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ADKT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ADKT is overvalued based on its PB Ratio (0.9x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

How is Adirondack Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.6%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Adirondack Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Adirondack Trust performed over the past 5 years?

20.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ADKT has high quality earnings.

Growing Profit Margin: ADKT's current net profit margins (21.5%) are lower than last year (21.6%).


Past Earnings Growth Analysis

Earnings Trend: ADKT's earnings have grown significantly by 20.7% per year over the past 5 years.

Accelerating Growth: ADKT's earnings growth over the past year (3.7%) is below its 5-year average (20.7% per year).

Earnings vs Industry: ADKT earnings growth over the past year (3.7%) exceeded the Banks industry -2.8%.


Return on Equity

High ROE: ADKT's Return on Equity (9.5%) is considered low.


Next Steps

Financial Health

How is Adirondack Trust'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: ADKT's Assets to Equity ratio (9.3x) is low.

Allowance for Bad Loans: Insufficient data to determine if ADKT has a sufficient allowance for bad loans.

Low Risk Liabilities: 97% of ADKT's liabilities are made up of primarily low risk sources of funding.

Loan Level: ADKT has an appropriate level of Loans to Assets ratio (62%).

Low Risk Deposits: ADKT's Loans to Deposits ratio (71%) is appropriate.

Level of Bad Loans: Insufficient data to determine if ADKT has an appropriate level of bad loans.


Next Steps

Dividend

What is Adirondack Trust current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ADKT'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 ADKT's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: ADKT is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ADKT'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?

3.7yrs

Average management tenure


CEO

Charles Wait

0.17

Tenure

Mr. Charles V. Wait, Jr., ESQ., serves as a Director of Adirondack Trust Company since February 2013. Mr Wait serves as President and Chief Executive Officer at Adirondack Trust Company since June 2020. Mr ...


Leadership Team

NamePositionTenureCompensationOwnership
Charles Wait
President0.17yrno datano data
John Arnold
Executive VP14.58yrsno datano data
Sharon Charbonneau
VP & Compliance Officerno datano datano data
Kathie Duncan
President of the North Country Regionno datano datano data
Michael O'Connell
Executive Vice Presidentno datano datano data
Lucile Lucas
Senior Vice President4.25yrsno datano data
Matthew D'Abate
Senior Vice President2.42yrsno datano data
Michael Brodt
Senior Vice President4.42yrsno datano data
Edward Hart
Senior Vice Presidentno datano datano data
Maureen Vedder
Senior Vice Presidentno datano datano data
Robert Loughran
Senior Vice President3.17yrsno datano data
John Murphy
Senior Vice Presidentno datano datano data

3.7yrs

Average Tenure

Experienced Management: ADKT's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Charles Wait
President0.17yrno datano data
Charles Wait
Chairman of the Board31.58yrsno datano data
Philip Glotzbach
Directorno datano datano data
Stephen Sullivan
Directorno datano datano data
Susan Dake
Directorno datano datano data
Douglass Mabee
Directorno datano datano data
J. Roohan
Director4.42yrsno datano data
John Hedbring
Directorno datano datano data
Stephan Von Schenk
Directorno datano datano data
Douglass Mabee
Director7.5yrsno datano data
Guy Alonge
Director5.5yrsno datano data
Mary Gavin
Director3.08yrsno datano data

6.5yrs

Average Tenure

Experienced Board: ADKT's board of directors are considered experienced (6.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Top Shareholders

Company Information

The Adirondack Trust Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Adirondack Trust Company
  • Ticker: ADKT
  • Exchange: OTCPK
  • Founded: 1901
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$126.032m
  • Shares outstanding: 76.85k
  • Website: https://www.adirondacktrust.com

Location

  • The Adirondack Trust Company
  • 473 Broadway
  • Saratoga Springs
  • New York
  • 12866
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ADKTOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1975

Biography

The Adirondack Trust Company provides banking and financial services to individuals and businesses in New York. It offers checking and savings accounts, direct deposits, and reorder checks; home mortgage, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 01:09
End of Day Share Price2020/07/14 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.