Salisbury Bancorp Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Salisbury Bancorp Inc (SAL) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Salisbury Bancorp Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 53M vs 129,493M combined for tracked competitors (0.0% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-5.1% annualized vs trailing 12 months), vs decelerating (-15.7%) for its tracked peer group.
- Growth: Salisbury Bancorp Inc generated -3.0% revenue growth year over year in Q2 2023, vs 11.9% for its tracked competitors combined.
- Profitability: Its 26.5% net margin compares with 29.1% for the peer group.
- Peer revenue share: Salisbury Bancorp Inc accounted for 0.1% of combined revenue among its tracked peer group, up from 0.1% a year earlier.
- Peer differentiation: Revenue per employee of $0.23M compares with $0.55M for the peer group (0.4x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
SAL Sales vs. its Competitors, Q2 2023
Salisbury Bancorp Inc reported revenue contraction of 2.99 % year on year in Q2 2023, below its competitors' combined revenue growth of 11.90 %.
With a net margin of 26.46 %, Salisbury Bancorp Inc reported lower profitability than its competitors (29.14 %).
Salisbury Bancorp Inc generated 0.05 % of the combined sales of its peer group, up from 0.05 % a year earlier.
Salisbury Bancorp Inc vs. its Competitors, Q2 2023
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Salisbury Bancorp Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Salisbury Bancorp Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (2) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Salisbury Bancorp Inc's competitor groups requires a Commercial License.
For context: the S&Ls Savings Banks industry grew revenue 2,106.4% year over year, combined, vs -3.0% for Salisbury Bancorp Inc. Salisbury Bancorp Inc's share of combined industry revenue moved from 0.26% to 0.01%, a loss of 0.25 percentage points.
Salisbury Bancorp Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Salisbury Bancorp Inc | Yes | Yes | No | Yes |
| Competitors combined (30) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 62.50 % (5 of 8) | 0.00 % (0 of 8) | 50.00 % (4 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
SAL Stock Performance relative to its Competitors
SAL Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Brookline Bancorp inc | 282.9% | Outperformed |
| 2 | Kentucky First Federal Bancorp | 282.9% | Outperformed |
| 3 | Broadway Financial Corporation | 282.9% | Outperformed |
| 4 | Cf Bankshares Inc | 282.9% | Outperformed |
| 5 | First Capital inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Salisbury Bancorp Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Salisbury Bancorp Inc's Comment on Competition and Industry Peers
The Banks competition for real estate loans comes primarily from mortgage banking companies, savings banks, commercial banks, insurance companies, and other institutional lenders. The primary factors in competing for loans are interest rates, loan origination fees, the quality and range of lending services and personalized service. Factors that affect competition include, among others, the general availability of funds and credit, general and local economic conditions, current interest rate levels and volatility in the mortgage markets.
The banking industry is also experiencing rapid changes in technology. In addition to improving customer services, effective use of technology increases efficiency and enables financial institutions to reduce costs. Technological advances are likely to increase competition by enabling more companies to provide cost effective products and services.
Publicly Traded Peers of Salisbury Bancorp Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Salisbury Bancorp Inc | 159.38 | 53.43 |
| Bank Of America Corporation | 397,023.31 | 121,098.00 |
| Wintrust Financial Corp | 9,684.32 | 2,761.82 |
| First Financial Bankshares Inc | 4,560.99 | 637.20 |
| Tfs Financial Corporation | 4,538.86 | 347.23 |
| Texas Capital Bancshares Inc | 4,098.69 | -637.40 |
| SUBTOTAL | 440,687.74 | 132,276.79 |
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Sources: Salisbury Bancorp Inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Salisbury Bancorp Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Salisbury Bancorp Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Northrim Bancorp Inc | Community Banking 69.21 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Salisbury Bancorp Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Salisbury Bancorp Inc | 159 | 227,379 | 62,298 |
| Bank Of America Corporation | 397,023 | 568,535 | 158,005 |
| Wintrust Financial Corp | 9,684 | 467,946 | 146,512 |
| First Financial Bankshares Inc | 4,561 | 398,252 | 168,133 |
| Tfs Financial Corporation | 4,539 | 362,452 | 106,119 |
| Texas Capital Bancshares Inc | 4,099 | -357,087 | 204,261 |
| PEERS TOTAL | 440,528 | 549,493 | 155,909 |
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Salisbury Bancorp Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the S&Ls Savings Banks industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (61 companies). See the full S&Ls Savings Banks industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 69.07 % | 58.30 % (avg) | +10.8 pp |
| Operating Margin | 33.99 % | industry median | +3.5 pp |
| EBITDA Margin | 39.45 % | 37.67 % (avg) | +1.8 pp |
| Capital Intensity (Capex / Revenue) | 0.56 % | 3.69 % (avg) | -3.1 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Salisbury Bancorp Inc's Valuation vs Competitive Position
Valuation multiples vs the S&Ls Savings Banks industry average (61 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full S&Ls Savings Banks industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 9.6x | 29.5x | -19.9x |
| EV / EBITDA | 9.7x | 10.9x | -1.2x |
| P/B | 1.1x | 1.1x | 0.0x |
| Return on Equity | 11.33 % | industry aggregate | 4.38 % |
| Return on Invested Capital | 1.08 % | 2.28 % (avg) | -1.20 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Salisbury Bancorp Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2014 | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 5.61 % | 50.14 % | 5.29 % | 4.92 % | 4.99 % | 2.41 % | 21.67 % | 2.30 % |
| Operating Margin | - | 31.68 % | 23.82 % | 25.65 % | 31.82 % | 33.14 % | 39.25 % | 35.91 % |
| Return on Invested Capital | - | 5.68 % | 4.74 % | 4.91 % | 5.85 % | 5.71 % | 7.06 % | 2.00 % |
| P/E | - | 10.7x | 20.3x | 11.8x | 11.1x | 9.2x | 12.1x | 10.9x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Salisbury Bancorp Inc's Strategic Group Map
Every company in Salisbury Bancorp Inc's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Salisbury Bancorp Inc is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Salisbury Bancorp Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.56 % vs industry average 3.69 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Salisbury Bancorp Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Salisbury Bancorp Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Salisbury Bancorp Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Salisbury Bancorp Inc falls in the High attractiveness / Low strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Salisbury Bancorp Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Latest-quarter revenue run-rate is decelerating (-5.1% annualized vs trailing 12 months).
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
No rule matched.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-15.7% annualized).
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Salisbury Bancorp Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Salisbury Bancorp Inc | - | 0.78 | 0.49 |
| Bank Of America Corporation | 0.09 | 0.52 | 1.25 |
| Wintrust Financial Corp | 0.09 | 0.04 | 0.16 |
| First Financial Bankshares Inc | 0.01 | 0.70 | 0.01 |
| Tfs Financial Corporation | 1.02 | 176.49 | - |
| Texas Capital Bancshares Inc | 0.04 | 1.53 | 0.25 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Salisbury Bancorp Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Salisbury Bancorp Inc | Q2 2023 | -3.0 % | -11.1 % |
| Bank Of America Corporation | Q2 2026 | +15.0 % | +27.5 % |
| Wintrust Financial Corp | Q2 2026 | +10.3 % | +19.5 % |
| First Financial Bankshares Inc | Q2 2026 | +9.8 % | +7.9 % |
| Tfs Financial Corporation | Q2 2026 | +15.2 % | +40.1 % |
| Texas Capital Bancshares Inc | Q2 2026 | - | +9.9 % |
| PEERS TOTAL | +13.6 % | +25.8 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Salisbury Bancorp Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Salisbury Bancorp Inc | Q2 2023 | - | -81.0 % |
| Bank Of America Corporation | Q2 2026 | - | - |
| Wintrust Financial Corp | Q2 2026 | +4.0 % | - |
| First Financial Bankshares Inc | Q2 2026 | +33.6 % | +232.0 % |
| Tfs Financial Corporation | Q2 2026 | - | +101.2 % |
| Texas Capital Bancshares Inc | Q2 2026 | +20.0 % | +80.3 % |
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Salisbury Bancorp Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Salisbury Bancorp Inc | 0.95% | 0.95% | 11.33% |
| Bank Of America Corporation | 0.97% | 2.76% | 11.13% |
| Wintrust Financial Corp | 1.20% | 3.12% | 11.84% |
| First Financial Bankshares Inc | 1.76% | 5.03% | 14.00% |
| Tfs Financial Corporation | 0.58% | 0.58% | 5.30% |
| Texas Capital Bancshares Inc | 1.11% | 2.98% | 10.04% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Salisbury Bancorp Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Salisbury Bancorp Inc | 10.72 | 2.98 |
| Bank Of America Corporation | 12.54 | 3.28 |
| Wintrust Financial Corp | 10.74 | 3.51 |
| First Financial Bankshares Inc | 16.97 | 7.16 |
| Tfs Financial Corporation | 44.67 | 13.07 |
| Texas Capital Bancshares Inc | 12.14 | - |
| PEERS AVERAGE | 11.74 | 3.33 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.