Salisbury Bancorp - SAL Stock Forecast, Price & News

Salisbury Bancorp's stock was trading at $13.74 on January 1st, 2022. Since then, SAL shares have increased by 74.9% and is now trading at $24.03.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
View our SAL earnings forecast.

Salisbury Bancorp, Inc. (NASDAQ:SAL) announced its quarterly earnings data on Wednesday, July, 20th. The bank reported $0.66 earnings per share for the quarter, missing analysts' consensus estimates of $0.72 by $0.06. The bank had revenue of $14.17 million for the quarter, compared to analyst estimates of $13.80 million. Salisbury Bancorp had a net margin of 25.89% and a trailing twelve-month return on equity of 11.12%.

Salisbury Bancorp declared a quarterly dividend on Wednesday, July 20th. Shareholders of record on Friday, August 12th will be given a dividend of $0.16 per share on Friday, August 26th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date of this dividend is Thursday, August 11th. This is a boost from the stock's previous quarterly dividend of $0.08.
Read our dividend analysis for SAL.

Salisbury Bancorp (NASDAQ:SAL) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.56%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SAL will have a dividend payout ratio of 20.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SAL.

Shares of Salisbury Bancorp split before market open on Friday, July 1st 2022. The 2-1 split was announced on Friday, July 1st 2022. The newly issued shares were payable to shareholders after the market closes on Friday, July 1st 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

2 employees have rated Salisbury Bancorp Chief Executive Officer Richard J. Cantele Jr. on Glassdoor.com. Richard J. Cantele Jr. has an approval rating of 51% among the company's employees. This puts Richard J. Cantele Jr. in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Salisbury Bancorp investors own include Royal Bank of Canada (RY), Weyerhaeuser (WY), Verizon Communications (VZ), AbbVie (ABBV), Dominion Energy (D), Gilead Sciences (GILD), Huntington Bancshares (HBAN), International Business Machines (IBM), Altria Group (MO) and PENN Entertainment (PENN).

Salisbury Bancorp trades on the NASDAQ under the ticker symbol "SAL."

Shares of SAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SAL stock can currently be purchased for approximately $24.03.

Salisbury Bancorp (NASDAQ:SAL) has a market capitalization of $138.89 million and generates $55.57 million in revenue each year. The bank earns $16.47 million in net income (profit) each year or $2.59 on an earnings per share basis.

The company employs 184 workers across the globe.

Salisbury Bancorp's mailing address is 5 BISSELL STREET, LAKEVILLE CT, 06039. The official website for the company is www.salisburybank.com. The bank can be reached via phone at (860) 435-9801, via email at shumeston@salisburybank.com, or via fax at 860-435-0631.