Contrasting Avidia Bancorp (AVBC) & Its Peers

Avidia Bancorp (NYSE:AVBC) is one of 926 publicly-traded companies in the “Banks” industry, but how does it compare to its rivals? We will compare Avidia Bancorp to related businesses based on the strength of its institutional ownership, analyst recommendations, profitability, dividends, valuation, risk and earnings.

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 9.6% and pay out 32.4% of their earnings in the form of a dividend.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Avidia Bancorp and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Avidia Bancorp	1	0	0	1	2.50
Avidia Bancorp Competitors	7346	29633	27019	1351	2.34

As a group, “Banks” companies have a potential upside of 9.44%. Given Avidia Bancorp’s rivals higher possible upside, analysts clearly believe Avidia Bancorp has less favorable growth aspects than its rivals.

Earnings and Valuation

This table compares Avidia Bancorp and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Avidia Bancorp	$147.61 million	-$3.29 million	23.33
Avidia Bancorp Competitors	$214.60 billion	$2.39 billion	22.62

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

Profitability

This table compares Avidia Bancorp and its rivals’ 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%	9.45%	0.92%

Institutional and Insider Ownership

47.5% of shares of all “Banks” companies are held by institutional investors. 3.4% of Avidia Bancorp shares are held by insiders. Comparatively, 9.9% 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.

Summary

Avidia Bancorp rivals beat Avidia Bancorp on 10 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.