Salisbury Bancorp (NASDAQ:SAL) released its quarterly earnings data on Tuesday. The bank reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.04, Fidelity Earnings reports. Salisbury Bancorp had a net margin of 26.07% and a return on equity of 11.59%.
NASDAQ SAL traded down $0.54 during trading hours on Thursday, hitting $48.02. 21 shares of the company’s stock traded hands, compared to its average volume of 28,606. The stock has a fifty day simple moving average of $47.69. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market capitalization of $136.86 million, a price-to-earnings ratio of 9.49 and a beta of 0.84. Salisbury Bancorp has a 52 week low of $30.32 and a 52 week high of $53.00.
Several research analysts have recently weighed in on SAL shares. Zacks Investment Research cut shares of Salisbury Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, June 23rd. DA Davidson upgraded shares of Salisbury Bancorp from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 27th. They noted that the move was a valuation call.
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. It offers various retail and commercial deposit products. The company also provides loans, such as residential and commercial real estate loans; construction loans; commercial loans; working capital loans; equipment loans; and consumer loans, including home equity loans and lines of credit, collateral loans, and auto and personal installment loans.
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