1st Constitution Bancorp (NASDAQ: FCCY) is one of 201 publicly-traded companies in the “Commercial Banks” industry, but how does it contrast to its competitors? We will compare 1st Constitution Bancorp to similar businesses based on the strength of its valuation, profitability, institutional ownership, earnings, risk, analyst recommendations and dividends.
Valuation and Earnings
This table compares 1st Constitution Bancorp and its competitors gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|1st Constitution Bancorp||$47.75 million||$9.28 million||18.42|
|1st Constitution Bancorp Competitors||$338.81 million||$71.86 million||22.36|
This is a summary of recent ratings and target prices for 1st Constitution Bancorp and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|1st Constitution Bancorp||0||1||0||0||2.00|
|1st Constitution Bancorp Competitors||506||3087||2474||87||2.35|
1st Constitution Bancorp presently has a consensus target price of $18.00, suggesting a potential downside of 3.23%. As a group, “Commercial Banks” companies have a potential upside of 2.81%. Given 1st Constitution Bancorp’s competitors stronger consensus rating and higher possible upside, analysts plainly believe 1st Constitution Bancorp has less favorable growth aspects than its competitors.
Volatility & Risk
1st Constitution Bancorp has a beta of 0.38, indicating that its share price is 62% less volatile than the S&P 500. Comparatively, 1st Constitution Bancorp’s competitors have a beta of 0.74, indicating that their average share price is 26% less volatile than the S&P 500.
Insider and Institutional Ownership
27.9% of 1st Constitution Bancorp shares are owned by institutional investors. Comparatively, 46.8% of shares of all “Commercial Banks” companies are owned by institutional investors. 14.5% of 1st Constitution Bancorp shares are owned by company insiders. Comparatively, 11.8% of shares of all “Commercial Banks” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
1st Constitution Bancorp pays an annual dividend of $0.24 per share and has a dividend yield of 1.3%. 1st Constitution Bancorp pays out 23.8% of its earnings in the form of a dividend. As a group, “Commercial Banks” companies pay a dividend yield of 1.8% and pay out 35.2% of their earnings in the form of a dividend.
This table compares 1st Constitution Bancorp and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|1st Constitution Bancorp||16.78%||7.79%||0.80%|
|1st Constitution Bancorp Competitors||20.42%||8.68%||0.92%|
1st Constitution Bancorp competitors beat 1st Constitution Bancorp on 13 of the 15 factors compared.
1st Constitution Bancorp Company Profile
1st Constitution Bancorp is the bank holding company for 1st Constitution Bank (the Bank). The Bank is a commercial bank, which is engaged in the business of commercial and retail banking. The Company operates through the Community Banking segment. The Community Banking segment consists of construction, commercial, retail and mortgage banking operations. As a community bank, the Bank offers a range of services (including demand, savings and time deposits and commercial and consumer/installment loans) to individuals, small businesses and not-for-profit organizations principally in the Fort Lee area of Bergen County and in Middlesex, Mercer, Somerset and Monmouth Counties of New Jersey. The Bank’s Mortgage Warehouse Funding Group offers revolving lines of credit that are available to licensed mortgage banking companies (the Warehouse Line of Credit). The Bank’s investment activities are classified as available for sale and held to maturity securities.
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