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Bridge Bancorp, Inc. (BDGE)

Stock Price: $21.27 USD 1.44 (7.26%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 419.74M
Revenue (ttm) 160.48M
Net Income (ttm) 48.11M
Shares Out 19.73M
EPS (ttm) 2.41
PE Ratio 8.83
Forward PE 5.98
Dividend $0.96
Dividend Yield 4.51%

Stock Quote

Trading Day Aug 7, 2020
Last Price $21.27
Previous Close $19.83
Change ($) 1.44
Change (%) 7.26%
Day's Open 19.66
Day's Range 19.66 - 21.27
Day's Volume 171,299
52-Week Range 17.17 - 34.25

More Stats

Market Cap 419.74M
Enterprise Value 600.28M
Earnings Date (est) Oct 22, 2020
Ex-Dividend Date Jul 17, 2020
Shares Outstanding 19.73M
Float 16.03M
EPS (basic) 2.41
EPS (diluted) 2.41
FCF / Share 3.12
Dividend $0.96
Dividend Yield 4.51%
Earnings Yield 11.33%
FCF Yield 14.73%
Payout Ratio 38.60%
Shares Short 493,855
Short Ratio 4.79
Short % of Float 4.50%
Beta 0.98
PE Ratio 8.83
Forward PE 5.98
P/FCF Ratio 6.79
PS Ratio 2.62
PB Ratio 0.73
Revenue 160.48M
Operating Income 61.43M
Net Income 48.11M
Free Cash Flow 61.81M
Net Cash -180.54M
Net Cash / Share -9.15
Gross Margin 100.88%
Operating Margin 38.28%
Profit Margin 30.10%
FCF Margin 38.52%
ROA 0.89%
ROE 9.84%
ROIC 1.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (5)

Buy 2
Overweight 0
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$22.85*
(7.43% upside)
Low
19.5
Current: $21.27
High
25.0
Target: 22.85
*Average 12-month price target from 5 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue16214713113110573.4257.7052.6345.8641.09
Revenue Growth10.47%11.69%-0.12%25.38%42.72%27.24%9.63%14.77%11.6%-
Gross Profit16214713113110573.4257.7052.6345.8641.09
Operating Income65.7548.3739.4954.2931.8921.0019.7619.0115.0213.21
Net Income51.6939.2320.5435.4921.1113.7613.0912.7710.369.17
Shares Outstanding19.8419.7919.7117.4817.3811.6511.188.816.896.34
Earnings Per Share2.591.971.042.001.431.181.361.481.541.45
EPS Growth31.47%89.42%-48%39.86%21.19%-13.24%-8.11%-3.9%6.21%-
Dividend Per Share0.920.920.920.920.920.920.691.150.690.92
Dividend Growth0%0%0%0%0%33.33%-40%66.67%-25%-
Operating Cash Flow69.9658.3846.8344.2431.5325.8125.0322.3318.6815.42
Capital Expenditures-3.31-5.33-2.07-4.27-4.33-5.23-4.03-3.59-2.03-3.99
Free Cash Flow66.6653.0644.7639.9727.2020.5821.0018.7416.6511.43
Cash & Equivalents11729594.7511410551.7345.5751.2579.5522.92
Total Debt56132063169156326518987.8932.9037.37
Net Cash / Debt-444-24.39-536-577-458-214-144-36.6446.65-14.45
Assets4,9224,7014,4304,0553,7822,2891,8971,6251,3371,028
Liabilities4,4244,2474,0013,6473,4412,1131,7371,5061,230963
Book Value49745442940834117515911910765.72
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Bridge Bancorp, Inc.
Country United States
Employees 496
CEO Kevin M. O'Connor

Stock Information

Ticker Symbol BDGE
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: BDGE

Description

Bridge Bancorp, Inc. operates as the bank holding company for the BNB Bank that provide commercial and consumer banking products and services to small businesses, and municipal and consumer relationships. It accepts time, savings, and demand deposits. The company offers commercial real estate, multi-family mortgage, residential mortgage, secured and unsecured commercial and consumer, home equity, and construction and land loans; and mortgage-backed securities, collateralized mortgage obligations, and other asset backed securities. In addition, it offers certificate of deposit account registry service and insured cash sweep programs; merchant credit and debit card processing, cash management, lockbox processing, online banking, and remote deposit capture services; automated teller machines, safe deposit boxes, and individual retirement accounts; and investment products and services through a third party broker dealer, as well as title insurance brokerage services. As of April 20, 2020, the company operated 39 branch locations serving Long Island and the greater New York metropolitan area. Bridge Bancorp, Inc. was founded in 1910 and is headquartered in Bridgehampton, New York.