Century Bancorp (NASDAQ: CNBKA) is one of 312 publicly-traded companies in the “Banks” industry, but how does it weigh in compared to its rivals? We will compare Century Bancorp to similar companies based on the strength of its valuation, profitability, institutional ownership, risk, dividends, analyst recommendations and earnings.
Insider and Institutional Ownership
35.4% of Century Bancorp shares are owned by institutional investors. Comparatively, 51.7% of shares of all “Banks” companies are owned by institutional investors. 36.9% of Century Bancorp shares are owned by insiders. Comparatively, 10.4% of shares of all “Banks” companies are owned 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.
Century Bancorp has a beta of 0.75, indicating that its share price is 25% less volatile than the S&P 500. Comparatively, Century Bancorp’s rivals have a beta of 0.76, indicating that their average share price is 24% less volatile than the S&P 500.
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.
This is a breakdown of recent recommendations for Century Bancorp and its rivals, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|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 rivals higher probable upside, analysts clearly believe Century Bancorp has less favorable growth aspects than its rivals.
Valuation and Earnings
This table compares Century Bancorp and its rivals top-line revenue, earnings per share (EPS) 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 rivals have higher revenue and earnings than Century Bancorp. Century Bancorp is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
This table compares Century Bancorp and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Century Bancorp Competitors||17.41%||8.37%||0.94%|
Century Bancorp rivals 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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