Critical Contrast: Century Bancorp (CNBKA) vs. Its Rivals
Century Bancorp (NASDAQ: CNBKA) is one of 309 publicly-traded companies in the “Banks” industry, but how does it compare to its competitors? We will compare Century Bancorp to similar companies based on the strength of its institutional ownership, analyst recommendations, valuation, profitability, earnings, dividends and risk.
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 Competitors||18.59%||8.28%||0.93%|
This is a summary of current ratings for Century Bancorp and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Century Bancorp Competitors||2421||8800||8824||370||2.35|
As a group, “Banks” companies have a potential downside of 9.22%. Given Century Bancorp’s competitors higher probable upside, analysts plainly believe Century Bancorp has less favorable growth aspects than its competitors.
Institutional & Insider Ownership
36.5% of Century Bancorp shares are owned by institutional investors. Comparatively, 52.0% of shares of all “Banks” companies are owned by institutional investors. 36.9% of Century Bancorp shares are owned by company insiders. Comparatively, 10.4% of shares of all “Banks” companies are owned by company 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.
Risk and 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 0.80, indicating that their average stock price is 20% less volatile than the S&P 500.
Valuation & Earnings
This table compares Century Bancorp and its competitors gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Century Bancorp||$112.92 million||$24.53 million||21.18|
|Century Bancorp Competitors||$5.55 billion||$833.70 million||400.48|
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.
Century Bancorp pays an annual dividend of $0.48 per share and has a dividend yield of 0.6%. Century Bancorp pays out 12.6% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 1.8% and pay out 34.9% of their earnings in the form of a dividend.
Century Bancorp competitors beat Century Bancorp on 8 of the 12 factors compared.
About Century Bancorp
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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