Salisbury Bancorp (NASDAQ:SAL) posted its quarterly earnings data on Tuesday. The bank reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.04, Fidelity Earnings reports. Salisbury Bancorp had a net margin of 26.07% and a return on equity of 11.59%.
Shares of Salisbury Bancorp stock traded down $0.54 on Thursday, hitting $48.02. 21 shares of the company traded hands, compared to its average volume of 28,606. The stock’s 50-day moving average is $47.69. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.98 and a current ratio of 0.98. Salisbury Bancorp has a 12-month low of $30.32 and a 12-month high of $53.00. The company has a market cap of $136.86 million, a P/E ratio of 9.49 and a beta of 0.84.
Several research firms have weighed in on SAL. DA Davidson upgraded shares of Salisbury Bancorp from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 27th. They noted that the move was a valuation call. Zacks Investment Research cut shares of Salisbury Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, June 23rd.
Salisbury Bancorp, Inc operates as the bank holding company for Salisbury Bank and Trust Company that provides commercial banking, consumer financing, retail banking, and trust and wealth advisory services. It offers various retail and commercial deposit products. The company also provides loans, such as residential and commercial real estate loans; construction loans; commercial loans; working capital loans; equipment loans; and consumer loans, including home equity loans and lines of credit, collateral loans, and auto and personal installment loans.
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