We are comparing Wellesley Bancorp Inc. (NASDAQ:WEBK) and 1st Constitution Bancorp (NASDAQ:FCCY) on their dividends, analyst recommendations, profitability, risk, institutional ownership, earnings and valuation. They both are Regional – Northeast Banks companies, competing one another.
Earnings and Valuation
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Wellesley Bancorp Inc.||27.07M||2.98||5.86M||2.39||13.33|
|1st Constitution Bancorp||51.67M||3.11||12.59M||1.40||13.25|
Table 1 demonstrates Wellesley Bancorp Inc. and 1st Constitution Bancorp’s top-line revenue, earnings per share and valuation. 1st Constitution Bancorp has lower earnings, but higher revenue than Wellesley Bancorp Inc. The business with a higher P/E ratio is currently more expensive of the two stocks. Wellesley Bancorp Inc.’s currently higher P/E ratio means it is more expensive than 1st Constitution Bancorp.
Table 2 has Wellesley Bancorp Inc. and 1st Constitution Bancorp’s return on assets, net margins and return on equity.
|Net Margins||Return on Equity||Return on Assets|
|Wellesley Bancorp Inc.||21.65%||6.9%||0.5%|
|1st Constitution Bancorp||24.37%||6.6%||0.7%|
Risk and Volatility
Wellesley Bancorp Inc.’s current beta is 0.5 and it happens to be 50.00% less volatile than S&P 500. 1st Constitution Bancorp’s 78.00% less volatile than S&P 500 which is a result of the 0.22 beta.
The annual dividend that Wellesley Bancorp Inc. pay is $0.17 per share with a dividend yield of 0.49%. Meanwhile, 1st Constitution Bancorp’s annual dividend is $0.28 per share and it also boasts of a 1.53% dividend yield.
Insider & Institutional Ownership
The shares of both Wellesley Bancorp Inc. and 1st Constitution Bancorp are owned by institutional investors at 11.1% and 36.1% respectively. Insiders owned 3.1% of Wellesley Bancorp Inc. shares. Comparatively, insiders own roughly 9.2% of 1st Constitution Bancorp’s shares.
Here are the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.
|Performance (W)||Performance (M)||Performance (Q)||Performance (HY)||Performance (Y)||Performance (YTD)|
|Wellesley Bancorp Inc.||-1.69%||11.77%||2.93%||-5.03%||18.18%||15.03%|
|1st Constitution Bancorp||1.09%||-4.38%||-7.38%||-12.61%||-5.26%||-6.82%|
For the past year Wellesley Bancorp Inc. had bullish trend while 1st Constitution Bancorp had bearish trend.
1st Constitution Bancorp beats on 9 of the 14 factors Wellesley Bancorp Inc.
Wellesley Bancorp, Inc. operates as the bank holding company for Wellesley Bank that provides various financial services to individuals, non-profit organizations, small businesses, and other entities in eastern Massachusetts. Its deposit products include noninterest-bearing demand deposits, such as checking accounts; interest-bearing demand accounts comprising negotiable order of withdrawal and money market accounts; savings accounts; and certificates of deposit, as well as offers remote capture products. The company also offers residential mortgage loans, commercial real estate loans, and construction loans, as well as home equity lines of credit and other consumer loans that consist of fixed-rate second mortgage loans, automobile loans, loans secured by passbook or certificate accounts, and overdraft loans; and commercial business loans, such as term loans, revolving lines of credit, and equipment loans. In addition, it is involved in the provision of investment advisory services, as well as a range of non-deposit investment products, including mutual funds and equities through a third-party registered broker-dealer. As of December 31, 2015, Wellesley Bancorp, Inc. operated through an executive office and three full service branch offices located in Wellesley, Massachusetts; one limited service office in Needham; and one full-service branch office in Boston. The company was founded in 1911 and is based in Wellesley, Massachusetts.
1st Constitution Bancorp operates as the bank holding company for 1st Constitution Bank that provides commercial and retail banking services in the central and northeastern New Jersey areas. The company offers deposit products, including interest bearing demand deposits, such as interest-bearing checking accounts, money market accounts, and NOW accounts; and non-interest bearing demand, savings, and time deposits, as well as certificates of deposit. It also provides commercial loans, including term loans, lines of credit, and loans secured by equipment and receivables; secured and unsecured short-to-medium term commercial loans to businesses for working capital, business expansion, and the purchase of equipment and machinery; and construction loans to real estate developers for the acquisition, development, and construction of residential and commercial properties. In addition, the company offers residential first mortgage loans secured by owner-occupied property; construction loans; reverse mortgages; second mortgage home improvement loans; home equity lines of credit; and non-residential consumer loans for automobiles, recreation vehicles, and boats, as well as secured and unsecured personal loans, and deposit account secured loans. It serves corporations, individuals, partnerships, and other community organizations, as well as small businesses and not-for-profit organizations. As of December 31, 2017, the company operated through 17 branch offices, as well as 2 residential mortgage loan production offices in New Jersey. 1st Constitution Bancorp was founded in 1989 and is based in Cranbury, New Jersey.