Contrasting Avidia Bancorp (AVBC) & Its Peers
by Doug Wharley · The Cerbat GemAvidia Bancorp (NYSE:AVBC – Get Free Report) is one of 925 publicly-traded companies in the “Banks” industry, but how does it weigh in compared to its peers? We will compare Avidia Bancorp to related businesses based on the strength of its analyst recommendations, dividends, earnings, institutional ownership, risk, valuation and profitability.
Earnings and Valuation
This table compares Avidia Bancorp and its peers revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Avidia Bancorp | $111.19 million | -$3.29 million | 23.15 |
| Avidia Bancorp Competitors | $96.72 billion | $2.39 billion | 22.42 |
Avidia Bancorp’s peers have higher revenue and earnings than Avidia Bancorp. Avidia Bancorp is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Profitability
This table compares Avidia Bancorp and its peers’ 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% |
Institutional & Insider Ownership
47.4% 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 large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
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 and target prices for Avidia Bancorp and its peers, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Avidia Bancorp | 1 | 0 | 0 | 1 | 2.50 |
| Avidia Bancorp Competitors | 7365 | 29691 | 27096 | 1358 | 2.34 |
As a group, “Banks” companies have a potential upside of 10.51%. Given Avidia Bancorp’s peers higher probable upside, analysts clearly believe Avidia Bancorp has less favorable growth aspects than its peers.
Summary
Avidia Bancorp peers 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.