Financial Survey: Camden National (NASDAQ:CAC) vs. Ballston Spa Bancorp (OTCMKTS:BSPA)

Ballston Spa Bancorp (OTCMKTS:BSPA) and Camden National (NASDAQ:CAC) are both small-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, earnings, dividends, risk, profitability, analyst recommendations and institutional ownership.

Insider and Institutional Ownership

2.4% of Ballston Spa Bancorp shares are held by institutional investors. Comparatively, 77.4% of Camden National shares are held by institutional investors. 1.7% of Camden National shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares Ballston Spa Bancorp and Camden National”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Ballston Spa Bancorp	$36.16 million	1.36	$4.78 million	N/A	N/A
Camden National	$172.62 million	3.69	$53.00 million	$3.62	10.43

Camden National has higher revenue and earnings than Ballston Spa Bancorp.

Analyst Ratings

This is a breakdown of current ratings and price targets for Ballston Spa Bancorp and Camden National, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Ballston Spa Bancorp	0	0	0	0	0.00
Camden National	0	2	1	0	2.33

Camden National has a consensus target price of $48.33, indicating a potential upside of 28.07%. Given Camden National’s stronger consensus rating and higher probable upside, analysts plainly believe Camden National is more favorable than Ballston Spa Bancorp.

Dividends

Ballston Spa Bancorp pays an annual dividend of $1.32 per share and has a dividend yield of 2.1%. Camden National pays an annual dividend of $1.68 per share and has a dividend yield of 4.5%. Camden National pays out 46.4% of its earnings in the form of a dividend.

Profitability

This table compares Ballston Spa Bancorp and Camden National’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Ballston Spa Bancorp	N/A	N/A	N/A
Camden National	18.02%	10.38%	0.93%

Risk and Volatility

Ballston Spa Bancorp has a beta of -0.36, indicating that its stock price is 136% less volatile than the S&P 500. Comparatively, Camden National has a beta of 0.61, indicating that its stock price is 39% less volatile than the S&P 500.

Summary

Camden National beats Ballston Spa Bancorp on 13 of the 14 factors compared between the two stocks.

About Ballston Spa Bancorp

Ballston Spa Bancorp, Inc. operates as a holding company for Ballston Spa National Bank that provides a range of banking, financing, fiduciary, brokerage, and other financial services to corporate, municipal, and individual customers in the United States. It offers checking, money market, savings, health savings, and individual retirement accounts, as well as certificates of deposit; loan products, such as mortgage and home construction, improvement, and equity loans, auto, boat, RV, personal, commercial, and small business loans, as well as lines of credit and government programs; and debits and credit cards. The company also provides personal investment services, which include annuities, college savings plans, mutual funds, and life and long term care insurance products; retirement plans; college planning services; investment and asset management; trusteeship; estate settlement; special needs and disability trusts; and wealth management services. In addition, the company offers treasury management services; and merchant and payment processing services, as well as online and mobile banking, and digital payments. The company was founded in 1838 and is based in Ballston Spa, New York.

About Camden National

Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in Maine, New Hampshire, and Massachusetts. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. Its loan products include non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. The company also provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.