Avidia Bancorp (AVBC) vs. Its Competitors Financial Comparison

Avidia Bancorp (NYSE:AVBC) is one of 925 public companies in the “Banks” industry, but how does it weigh in compared to its competitors? We will compare Avidia Bancorp to similar companies based on the strength of its dividends, valuation, earnings, analyst recommendations, risk, profitability and institutional ownership.

Earnings & Valuation

This table compares Avidia Bancorp and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Avidia Bancorp	$147.61 million	-$3.29 million	23.31
Avidia Bancorp Competitors	$9.83 billion	$2.39 billion	22.59

Avidia Bancorp’s competitors have higher revenue and earnings than Avidia Bancorp. Avidia Bancorp is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Dividends

Avidia Bancorp pays an annual dividend of $0.24 per share and has a dividend yield of 1.1%. Avidia Bancorp pays out 25.3% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 8.8% and pay out 29.0% of their earnings in the form of a dividend.

Insider & Institutional Ownership

47.4% of shares of all “Banks” companies are owned by institutional investors. 3.4% of Avidia Bancorp shares are owned by company insiders. Comparatively, 9.9% of shares of all “Banks” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares Avidia Bancorp and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Avidia Bancorp	11.51%	4.62%	0.63%
Avidia Bancorp Competitors	14.93%	9.46%	0.92%

Analyst Recommendations

This is a summary of current ratings and target prices for Avidia Bancorp and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Avidia Bancorp	1	0	0	1	2.50
Avidia Bancorp Competitors	7351	29653	27047	1353	2.34

As a group, “Banks” companies have a potential upside of 9.16%. Given Avidia Bancorp’s competitors higher probable upside, analysts clearly believe Avidia Bancorp has less favorable growth aspects than its competitors.

Summary

Avidia Bancorp competitors beat Avidia Bancorp on 10 of the 14 factors compared.

Avidia Bancorp Company Profile

Avidia Bancorp Inc. is a chartered stock savings bank. It operates full-service banking offices principally in western Middlesex County and eastern Worcester County, in Massachusetts. Avidia Bancorp Inc. is based in HUDSON, Mass.