Salisbury Bancorp (NASDAQ:SAL) Releases Earnings Results, Beats Expectations By $0.49 EPS

Salisbury Bancorp (NASDAQ:SAL) issued its quarterly earnings results on Friday. The bank reported $0.96 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.49, MarketWatch Earnings reports. Salisbury Bancorp had a return on equity of 9.43% and a net margin of 20.13%. The firm had revenue of $11.93 million during the quarter, compared to analyst estimates of $11.20 million.

Shares of NASDAQ SAL opened at $36.41 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.44. The business has a fifty day simple moving average of $39.11 and a two-hundred day simple moving average of $38.13. The firm has a market cap of $102.98 million, a PE ratio of 9.63 and a beta of 0.77. Salisbury Bancorp has a twelve month low of $24.58 and a twelve month high of $49.85.

SAL has been the subject of a number of research analyst reports. ValuEngine lowered Salisbury Bancorp from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 2nd. TheStreet raised Salisbury Bancorp from a “c+” rating to a “b” rating in a research report on Tuesday, June 23rd. Finally, Zacks Investment Research lowered Salisbury Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday, July 1st.

About Salisbury Bancorp

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; and consumer loans, including home equity loans and lines of credit, and auto and personal installment loans.

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Earnings History for Salisbury Bancorp (NASDAQ:SAL)

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