Avidia Bancorp (AVBC) & The Competition Critical Analysis

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

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, endowments and large money managers believe a stock is poised for long-term growth.

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%

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 29.1% of their earnings in the form of a dividend.

Analyst Ratings

This is a summary 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	7365	29691	27095	1358	2.34

As a group, “Banks” companies have a potential upside of 10.58%. Given Avidia Bancorp’s competitors higher possible upside, analysts plainly believe Avidia Bancorp has less favorable growth aspects than its competitors.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Avidia Bancorp	$111.19 million	-$3.29 million	23.42
Avidia Bancorp Competitors	$54.03 billion	$2.39 billion	22.42

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.

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.