Avidia Bancorp (AVBC) & Its Peers Critical Survey

Avidia Bancorp (NYSE:AVBC) is one of 930 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 institutional ownership, profitability, earnings, risk, analyst recommendations, valuation and dividends.

Dividends

Avidia Bancorp pays an annual dividend of $0.20 per share and has a dividend yield of 0.9%. Avidia Bancorp pays out 21.1% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 9.5% and pay out 32.4% of their earnings in the form of a dividend.

Analyst Recommendations

This is a breakdown of current ratings for Avidia Bancorp and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Avidia Bancorp	1	0	0	1	2.50
Avidia Bancorp Competitors	7397	29756	26986	1350	2.34

As a group, “Banks” companies have a potential upside of 4.33%. Given Avidia Bancorp’s competitors higher probable upside, analysts clearly believe Avidia Bancorp has less favorable growth aspects than its competitors.

Insider and Institutional Ownership

47.7% of shares of all “Banks” companies are held by institutional investors. 9.8% of shares of all “Banks” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers 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%	4.65%	0.63%
Avidia Bancorp Competitors	14.80%	9.43%	0.91%

Valuation and Earnings

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	23.37
Avidia Bancorp Competitors	$170.66 billion	$2.37 billion	25.87

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

Summary

Avidia Bancorp competitors beat Avidia Bancorp on 11 of the 14 factors compared.

About Avidia Bancorp

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.