Financial Review: Ballston Spa Bancorp (BSPA) vs. Its Rivals

Risk & Volatility

Ballston Spa Bancorp has a beta of -0.15, indicating that its stock price is 115% less volatile than the S&P 500. Comparatively, Ballston Spa Bancorp’s competitors have a beta of 0.48, indicating that their average stock price is 52% less volatile than the S&P 500.

Valuation and Earnings

This table compares Ballston Spa Bancorp and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Ballston Spa Bancorp	$47.24 million	$4.54 million	227.27
Ballston Spa Bancorp Competitors	$418.53 million	$72.54 million	0.11

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

Insider and Institutional Ownership

2.4% of Ballston Spa Bancorp shares are held by institutional investors. Comparatively, 46.4% of shares of all “BANKS – NORTHEAST” companies are held by institutional investors. 9.8% of shares of all “BANKS – NORTHEAST” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Ballston Spa Bancorp	N/A	N/A	N/A
Ballston Spa Bancorp Competitors	15.22%	9.33%	0.98%

Dividends

Ballston Spa Bancorp pays an annual dividend of $1.32 per share and has a dividend yield of 1.8%. Ballston Spa Bancorp pays out 400.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “BANKS – NORTHEAST” companies pay a dividend yield of 2.4% and pay out 29.0% of their earnings in the form of a dividend. Ballston Spa Bancorp lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.

Summary

Ballston Spa Bancorp competitors beat Ballston Spa Bancorp on 10 of the 11 factors compared.

Ballston Spa Bancorp Company Profile

Ballston Spa Bancorp, Inc. operates as a holding company for Ballston Spa National Bank that provides a range of banking, financing, fiduciary, brokerage, and other financial services to corporate, municipal, and individual customers in the United States. It offers checking, money market, savings, health savings, and individual retirement accounts, as well as certificates of deposit; loan products, such as mortgage and home construction, improvement, and equity loans, auto, boat, RV, personal, commercial, and small business loans, as well as lines of credit and government programs; and debits and credit cards. The company also provides personal investment services, which include annuities, college savings plans, mutual funds, and life and long term care insurance products; retirement plans; college planning services; investment and asset management; trusteeship; estate settlement; special needs and disability trusts; and wealth management services. In addition, the company offers treasury management services; and merchant and payment processing services, as well as online and mobile banking, and digital payments. The company was founded in 1838 and is based in Ballston Spa, New York.