Salisbury Bancorp, Inc. (Nasdaq:SAL) is a bank holding company that its business through its subsidiary, Salisbury Bank and Trust Company, offering financial services and products to both retail and commercial clients across Connecticut, New York, and Massachusetts. The company’s emphasis on community-based banking has been its core strength, providing personalized and flexible services with local decision-making. With 14 banking offices and assets worth USD 1.5 billion, Salisbury Bancorp has established itself as a reliable and trusted banking partner for its customers.
Comps: Provident Bancorp, Inc. (Nasdaq:PVBC), Capital City Bank Group, Inc. (Nasdaq:CCBG)
To distinguish itself from other banking organizations, Salisbury Bancorp excels in several areas. Firstly, it boasts impressive earnings per share, price-to-earnings ratio, profit margin, and return-on-equity in comparison to its peers. Additionally, its 2.4% yield, while modest, is competitive with Capital City Bank Group and surpasses that of Provident Bancorp.