Head-To-Head Analysis: Century Bancorp (CNBKA) versus Its Peers

Century Bancorp (NASDAQ: CNBKA) is one of 312 public companies in the “Banks” industry, but how does it compare to its competitors? We will compare Century Bancorp to related businesses based on the strength of its earnings, institutional ownership, profitability, dividends, valuation, analyst recommendations and risk.

Analyst Recommendations

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

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Century Bancorp 0 0 0 0 N/A
Century Bancorp Competitors 2525 9116 8976 380 2.34

As a group, “Banks” companies have a potential upside of 4.73%. Given Century Bancorp’s competitors higher probable upside, analysts clearly believe Century Bancorp has less favorable growth aspects than its competitors.

Earnings and Valuation

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

Gross Revenue Net Income Price/Earnings Ratio
Century Bancorp $129.99 million $22.30 million 26.40
Century Bancorp Competitors $5.59 billion $772.66 million 381.80

Century Bancorp’s competitors have higher revenue and earnings than Century Bancorp. Century 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.

Dividends

Century Bancorp pays an annual dividend of $0.48 per share and has a dividend yield of 0.6%. Century Bancorp pays out 16.2% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 2.0% and pay out 37.7% of their earnings in the form of a dividend.

Insider and Institutional Ownership

35.4% of Century Bancorp shares are held by institutional investors. Comparatively, 51.7% of shares of all “Banks” companies are held by institutional investors. 36.9% of Century Bancorp shares are held by insiders. Comparatively, 10.4% of shares of all “Banks” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Risk & Volatility

Century Bancorp has a beta of 0.75, indicating that its stock price is 25% less volatile than the S&P 500. Comparatively, Century Bancorp’s competitors have a beta of 0.76, indicating that their average stock price is 24% less volatile than the S&P 500.

Profitability

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

Net Margins Return on Equity Return on Assets
Century Bancorp 17.16% 12.08% 0.67%
Century Bancorp Competitors 17.41% 8.37% 0.94%

Summary

Century Bancorp competitors beat Century Bancorp on 9 of the 12 factors compared.

Century Bancorp Company Profile

Century Bancorp, Inc. is a state-chartered bank holding company. The Company has a banking subsidiary: Century Bank and Trust Company (the Bank). The Company offers a range of services to commercial enterprises, state and local Governments and agencies, non-profit organizations and individuals. It operates approximately 30 banking offices in 20 cities and towns in Massachusetts, ranging from Braintree in the south to Andover in the north. The Bank’s customers consist primarily of small and medium-sized businesses and retail customers, as well as local governments and institutions throughout Massachusetts, New Hampshire, Rhode Island, Connecticut and New York. It provides commercial loans; real estate and construction loans, and consumer loans, and accepts savings, time and demand deposits. In addition, it offers automated lock box collection services, cash management services and account reconciliation services to its corporate and institutional customers.

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