Bridge Bancorp Inc (BDGE) Files 10-K for the Fiscal Year Ended on December 31, 2018

GuruFocus.com
0

- By insider

Bridge Bancorp Inc (BDGE) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Bridge Bancorp Inc is a bank holding company for The Bridgehampton National Bank. It provides commercial and consumer banking business, including saving and deposits from the consumers, commercial and real estate loans and home equity loans. Bridge Bancorp Inc has a market cap of $636.310 million; its shares were traded at around $32.15 with a P/E ratio of 16.24 and P/S ratio of 4.23. The dividend yield of Bridge Bancorp Inc stocks is 2.86%.


For the last quarter Bridge Bancorp Inc reported a revenue of $39.4 million, compared with the revenue of $38.06 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $148.9 million, an increase of 2.5% from last year. For the last five years Bridge Bancorp Inc had an average revenue growth rate of 21.2% a year.

The reported diluted earnings per share was $1.97 for the year, an increase of 89.4% from previous year. Over the last five years Bridge Bancorp Inc had an EPS growth rate of 5.3% a year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Bridge Bancorp Inc has the cash and cash equivalents of $295.4 million, compared with $94.7 million in the previous year. The long term debt was $319.2 million, compared with $580.0 million in the previous year. Bridge Bancorp Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $32.15, Bridge Bancorp Inc is traded at 15.4% premium to its historical median P/S valuation band of $27.85. The P/S ratio of the stock is 4.23, while the historical median P/S ratio is 3.68. The stock lost 5.57% during the past 12 months.

For the complete 20-year historical financial data of BDGE, click here.

This article first appeared on GuruFocus.


Advertisement

Recommended Stories