Adirondack Trust
Market Cap
US$126.0m
Last Updated
2020/08/04 01:09 UTC
Data Sources
Company Financials
Executive Summary
The Adirondack Trust Company provides banking and financial services to individuals and businesses in New York.
Rewards
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
| ADKT | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -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 Year | 6.0%-3.5% | -15.5%-22.2% | 38.9%29.9% |
| 5 Year | 13.0%-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
- Examine Adirondack Trust's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Adirondack Trust's filings and announcementshere.
- Explore growth companies in the Banks industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 0.17yr | no data | no data | |
| Executive VP | 14.58yrs | no data | no data | |
| VP & Compliance Officer | no data | no data | no data | |
| President of the North Country Region | no data | no data | no data | |
| Executive Vice President | no data | no data | no data | |
| Senior Vice President | 4.25yrs | no data | no data | |
| Senior Vice President | 2.42yrs | no data | no data | |
| Senior Vice President | 4.42yrs | no data | no data | |
| Senior Vice President | no data | no data | no data | |
| Senior Vice President | no data | no data | no data | |
| Senior Vice President | 3.17yrs | no data | no data | |
| Senior Vice President | no data | no data | no data |
3.7yrs
Average Tenure
Experienced Management: ADKT's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 0.17yr | no data | no data | |
| Chairman of the Board | 31.58yrs | no data | no data | |
| Director | no data | no data | no data | |
| Director | no data | no data | no data | |
| Director | no data | no data | no data | |
| Director | no data | no data | no data | |
| Director | 4.42yrs | no data | no data | |
| Director | no data | no data | no data | |
| Director | no data | no data | no data | |
| Director | 7.5yrs | no data | no data | |
| Director | 5.5yrs | no data | no data | |
| Director | 3.08yrs | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ADKT | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Jan 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/04 01:09 |
| End of Day Share Price | 2020/07/14 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.