Randolph Bancorp, Inc. operates as the bank holding company for Envision Bank that provides financial services to individuals, families, and small to mid-size businesses in Massachusetts, Rhode Island, and southern New Hampshire. It operates through two segments, Envision Bank and Envision Mortgage. The company accepts checking, NOW, money market, and savings accounts, as well as certificates of deposit and IRAs. It also offers one- to four-family residential mortgage, commercial real estate, commercial and industrial, construction, and consumer loans; home equity loans and lines of credit; and investment securities. In addition, the company provides remote deposit capture products for business customers to meet their online banking needs; and digital banking services. As of February 16, 2021, it operated five retail branch locations and loan operations centers in North Attleboro and Stoughton, Massachusetts; four loan production offices located throughout Massachusetts; and two loan production offices in Southern New Hampshire. The company was founded in 1851 and is based in Stoughton, Massachusetts.
IPO Year: 2016
Exchange: NASDAQ
Website: randolphbancorp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/27/2022 | $26.00 → $25.00 | Buy → Neutral | Compass Point |
| 1/27/2022 | Buy → Neutral | Compass Point |
QUINCY, Mass., Sept. 20, 2021 (GLOBE NEWSWIRE) -- Randolph Bancorp, Inc. (the "Company") (NASDAQ Global Market: RNDB), the holding company for Envision Bank (the "Bank"), today announced that Paul R. Donovan will retire as a member of the board of Directors of the Company and the Bank, effective September 20, 2021. "It has been an honor to work with Paul over the past eight years," said Kenneth K. Quigley, Jr., Board Chair of the Company and the Bank. "On behalf of the Board and the entire team, I want to thank Paul for his stewardship and thoughtful insights, especially on matters concerning information technologies which are critical for our business. His many contributions will have a
4 - Randolph Bancorp, Inc. (0001667161) (Issuer)
4 - Randolph Bancorp, Inc. (0001667161) (Issuer)
4 - Randolph Bancorp, Inc. (0001667161) (Issuer)
4 - Randolph Bancorp, Inc. (0001667161) (Issuer)
4 - Randolph Bancorp, Inc. (0001667161) (Issuer)
4 - Randolph Bancorp, Inc. (0001667161) (Issuer)
4 - Randolph Bancorp, Inc. (0001667161) (Issuer)
4 - Randolph Bancorp, Inc. (0001667161) (Issuer)
4 - Randolph Bancorp, Inc. (0001667161) (Issuer)
4 - Randolph Bancorp, Inc. (0001667161) (Issuer)
Compass Point downgraded Randolph Bancorp from Buy to Neutral and set a new price target of $25.00 from $26.00 previously
Compass Point downgraded Randolph Bancorp from Buy to Neutral
QUINCY, Mass., July 27, 2022 (GLOBE NEWSWIRE) -- Randolph Bancorp, Inc. (the "Company") (NASDAQ Global Market: RNDB), the holding company for Envision Bank (the "Bank"), today announced net income of $248,000, or $0.05 per basic and diluted share, for the three months ended June 30, 2022 compared to a net loss of $235,000, or $0.05 per basic and diluted share, for the three months ended March 31, 2022 and net income of $1.6 million, or $0.32 per basic share and $0.31 per diluted share, for the three months ended June 30, 2021. Excluding $357,000 in merger expenses, net income on a non-GAAP basis was $605,000, or $0.12 per diluted share, for the three months ended June 30, 2022. Excluding $
QUINCY, Mass., April 26, 2022 (GLOBE NEWSWIRE) -- Randolph Bancorp, Inc. (the "Company" or "Randolph") (NASDAQ Global Market: RNDB), the holding company for Envision Bank (the "Bank"), today announced a net loss of $235,000, or $0.05 per basic share and diluted share, for the three months ended March 31, 2022 compared to net income of $786,000, or $0.17 per basic share and $0.16 per diluted share, for the three months ended December 31, 2021 and net income of $4.1 million, or $0.81 per basic share and $0.78 per diluted share, for the three months ended March 31, 2021. Excluding one-time events of $240,000 in severance expenses, $588,000 in merger expenses, and $290,000 for the reversal of
QUINCY, Mass., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Randolph Bancorp, Inc. (NASDAQ:RNDB) Randolph Bancorp, Inc. (the "Company") (NASDAQ Global Market: RNDB), the holding company for Envision Bank (the "Bank"), today announced net income of $786,000, or $0.17 per basic share and $0.16 per diluted share, for the three months ended December 31, 2021 compared to net income of $3.1 million, or $0.64 per basic and $0.62 per diluted share, for the three months ended September 30, 2021 and net income of $5.3 million, or $1.03 per basic share and $1.01 per diluted share, for the three months ended December 31, 2020. Excluding one-time events of $26,000 in severance expenses and $55,000 in loss of disp
QUINCY, Mass., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Randolph Bancorp, Inc. (the "Company") (NASDAQ Global Market: RNDB), the holding company for Envision Bank (the "Bank"), today announced net income of $3.1 million, or $0.64 per basic share and $0.62 per diluted share, for the three months ended September 30, 2021 compared to net income of $1.6 million, or $0.32 per basic and $0.31 per diluted share, for the three months ended June 30, 2021 and net income of $10.3 million, or $2.01 per basic and diluted share, for the three months ended September 30, 2020. Excluding one-time events of $139,000 in severance expenses and $190,000 in other outsourcing expenses, net income on a non-GAAP basis wa
QUINCY, Mass., July 27, 2021 (GLOBE NEWSWIRE) -- Randolph Bancorp, Inc. (the "Company") (NASDAQ Global Market: RNDB), the holding company for Envision Bank (the "Bank"), today announced net income of $1.6 million, or $0.32 per basic share and $0.31 per diluted share, for the three months ended June 30, 2021 compared to net income of $4.1 million, or $0.81 per basic and $0.78 per diluted share, for the three months ended March 31, 2021 and net income of $5.2 million, or $1.02 per basic and diluted share, for the three months ended June 30, 2020. Excluding one-time events of $145,000 in severance expenses, $71,000 in other outsourcing expenses, and $29,000 in losses on disposals of fixed ass
STOUGHTON, Mass., April 27, 2021 (GLOBE NEWSWIRE) -- Randolph Bancorp, Inc. (the "Company") (NASDAQ Global Market: RNDB), the holding company for Envision Bank (the "Bank"), today announced net income of $4.1 million, or $0.81 per basic share and $0.78 per diluted share, for the three months ended March 31, 2021 compared to net income of $5.3 million, or $1.03 per basic and $1.01 per diluted share for the three months ended December 31, 2020 and a net loss of $0.8 million, or $0.16 per basic and diluted share, for the three months ended March 31, 2020. Excluding one-time charges of $109,000 in severance expenses, earnings were $4.2 million, or $0.79 per diluted share for the three months e
EASTHAMPTON and QUINCY, Mass., Sept. 27, 2022 (GLOBE NEWSWIRE) -- Hometown Financial Group, Inc. ("Hometown"), the multi-bank holding company for bankESB, bankHometown and Abington Bank, and Randolph Bancorp, Inc. (NASDAQ:RNDB) ("Randolph"), the bank holding company for Envision Bank, jointly announced today that all regulatory approvals relating to the acquisition by Hometown of Randolph and Envision Bank have been received. Randolph shareholders previously approved the merger at a special meeting of shareholders held on June 29, 2022. The merger is targeted to close on October 7, 2022, subject to the satisfaction of other customary closing conditions. Under the terms of the merger agree
QUINCY, Mass., July 27, 2022 (GLOBE NEWSWIRE) -- Randolph Bancorp, Inc. (the "Company") (NASDAQ Global Market: RNDB), the holding company for Envision Bank (the "Bank"), today announced net income of $248,000, or $0.05 per basic and diluted share, for the three months ended June 30, 2022 compared to a net loss of $235,000, or $0.05 per basic and diluted share, for the three months ended March 31, 2022 and net income of $1.6 million, or $0.32 per basic share and $0.31 per diluted share, for the three months ended June 30, 2021. Excluding $357,000 in merger expenses, net income on a non-GAAP basis was $605,000, or $0.12 per diluted share, for the three months ended June 30, 2022. Excluding $
QUINCY, Mass., April 26, 2022 (GLOBE NEWSWIRE) -- Randolph Bancorp, Inc. (the "Company" or "Randolph") (NASDAQ Global Market: RNDB), the holding company for Envision Bank (the "Bank"), today announced a net loss of $235,000, or $0.05 per basic share and diluted share, for the three months ended March 31, 2022 compared to net income of $786,000, or $0.17 per basic share and $0.16 per diluted share, for the three months ended December 31, 2021 and net income of $4.1 million, or $0.81 per basic share and $0.78 per diluted share, for the three months ended March 31, 2021. Excluding one-time events of $240,000 in severance expenses, $588,000 in merger expenses, and $290,000 for the reversal of
EASTHAMPTON and QUINCY, Mass., March 28, 2022 (GLOBE NEWSWIRE) -- Hometown Financial Group, Inc. ("Hometown"), the multi-bank holding company for bankESB, bankHometown and Abington Bank, and Randolph Bancorp, Inc. (NASDAQ:RNDB) ("Randolph"), the bank holding company for Envision Bank, jointly announced today that they have entered into a definitive merger agreement pursuant to which Hometown will acquire Randolph. Under the terms of the merger agreement, which has been unanimously approved by both boards of directors, Randolph shareholders will receive $27.00 in cash for each share of Randolph common stock. The total transaction value is approximately $146.5 million. The merger is anticip
QUINCY, Mass., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Randolph Bancorp, Inc. (NASDAQ:RNDB) Randolph Bancorp, Inc. (the "Company") (NASDAQ Global Market: RNDB), the holding company for Envision Bank (the "Bank"), today announced net income of $786,000, or $0.17 per basic share and $0.16 per diluted share, for the three months ended December 31, 2021 compared to net income of $3.1 million, or $0.64 per basic and $0.62 per diluted share, for the three months ended September 30, 2021 and net income of $5.3 million, or $1.03 per basic share and $1.01 per diluted share, for the three months ended December 31, 2020. Excluding one-time events of $26,000 in severance expenses and $55,000 in loss of disp
QUINCY, Mass., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Randolph Bancorp, Inc. (the "Company") (NASDAQ Global Market: RNDB), the holding company for Envision Bank (the "Bank"), today announced net income of $3.1 million, or $0.64 per basic share and $0.62 per diluted share, for the three months ended September 30, 2021 compared to net income of $1.6 million, or $0.32 per basic and $0.31 per diluted share, for the three months ended June 30, 2021 and net income of $10.3 million, or $2.01 per basic and diluted share, for the three months ended September 30, 2020. Excluding one-time events of $139,000 in severance expenses and $190,000 in other outsourcing expenses, net income on a non-GAAP basis wa
QUINCY, Mass., Sept. 20, 2021 (GLOBE NEWSWIRE) -- Randolph Bancorp, Inc. (the "Company") (NASDAQ Global Market: RNDB), the holding company for Envision Bank (the "Bank"), today announced that Paul R. Donovan will retire as a member of the board of Directors of the Company and the Bank, effective September 20, 2021. "It has been an honor to work with Paul over the past eight years," said Kenneth K. Quigley, Jr., Board Chair of the Company and the Bank. "On behalf of the Board and the entire team, I want to thank Paul for his stewardship and thoughtful insights, especially on matters concerning information technologies which are critical for our business. His many contributions will have a
QUINCY, Mass., July 27, 2021 (GLOBE NEWSWIRE) -- Randolph Bancorp, Inc. (the "Company") (NASDAQ Global Market: RNDB), the holding company for Envision Bank (the "Bank"), today announced net income of $1.6 million, or $0.32 per basic share and $0.31 per diluted share, for the three months ended June 30, 2021 compared to net income of $4.1 million, or $0.81 per basic and $0.78 per diluted share, for the three months ended March 31, 2021 and net income of $5.2 million, or $1.02 per basic and diluted share, for the three months ended June 30, 2020. Excluding one-time events of $145,000 in severance expenses, $71,000 in other outsourcing expenses, and $29,000 in losses on disposals of fixed ass
STOUGHTON, Mass., April 27, 2021 (GLOBE NEWSWIRE) -- Randolph Bancorp, Inc. (the "Company") (NASDAQ Global Market: RNDB), the holding company for Envision Bank (the "Bank"), today announced net income of $4.1 million, or $0.81 per basic share and $0.78 per diluted share, for the three months ended March 31, 2021 compared to net income of $5.3 million, or $1.03 per basic and $1.01 per diluted share for the three months ended December 31, 2020 and a net loss of $0.8 million, or $0.16 per basic and diluted share, for the three months ended March 31, 2020. Excluding one-time charges of $109,000 in severance expenses, earnings were $4.2 million, or $0.79 per diluted share for the three months e
BURLINGTON, Mass.--(BUSINESS WIRE)--Envision Bank has partnered with ZSuite Technologies, a financial technology company offering digital tools that help businesses and individuals automate collection of recurring payments and manage security deposits, to expand its digital offerings to include ZRent and ZDeposit. Envision Bank was searching for differentiated, value-add services and selected ZSuite Technologies to better meet the needs of the landlords and property managers in its customer base. Opening and managing a landlord tenant account is difficult, especially during a pandemic. With ZSuite’s products, account holders are able to streamline their payment collection and man
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8-K - Randolph Bancorp, Inc. (0001667161) (Filer)
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Hometown Financial Group, Inc. ("Hometown"), the multi-bank holding company for bankESB, bankHometown and Abington Bank, and Randolph Bancorp, Inc. (NASDAQ:RNDB) ("Randolph"), the bank holding company for Envision Bank, jointly announced today that all regulatory approvals relating to the acquisition by Hometown of Randolph and Envision Bank have been received. Randolph shareholders previously approved the merger at a special meeting of shareholders held on June 29, 2022. The merger is targeted to close on October 7, 2022, subject to the satisfaction of other customary closing conditions. Under the terms of the merger agreement, Randolph shareholders will receive cash of $27.00 for each s
Randolph Bancorp (NASDAQ:RNDB) reported its Q2 earnings results on Wednesday, July 27, 2022 at 08:00 AM. Here's what investors need to know about the announcement. Earnings Randolph Bancorp missed estimated earnings by 72.73%, reporting an EPS of $0.12 versus an estimate of $0.44. Revenue was down $4.18 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.11 which was followed by a 0.17% drop in the share price the next day. Here's a look at Randolph Bancorp's past performance: Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021 EPS Estimate 0.17 0.55 0.31 0.57 EPS Actual 0.0
Randolph Bancorp (NASDAQ:RNDB) reported quarterly earnings of $0.12 per share. This is a 64.71 percent decrease over earnings of $0.34 per share from the same period last year.
Randolph Bancorp (NASDAQ:RNDB) reported quarterly earnings of $0.06 per share. This is a 92.41 percent decrease over earnings of $0.79 per share from the same period last year.
Randolph Bancorp Inc's (NASDAQ:RNDB) short percent of float has fallen 20.0% since its last report. The company recently reported that it has 1.30 thousand shares sold short, which is 0.04% of all regular shares that are available for trading. Based on its trading volume, it would take traders 0.1 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short
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Gainers China SXT Pharmaceuticals, Inc. (NASDAQ:SXTC) jumped 88.1% to $0.38 after declining 9% on Monday. McCormick (NASDAQ:IGMS) shares jumped 49.8% to $22.46. Sanofi SA (NASDAQ:SNY) and IGM Biosciences signed an exclusive worldwide collaboration agreement for IgM antibodies agonists against three oncology targets and three immunology/inflammation targets. The Lovesac Company (NASDAQ:LOVE) shares jumped 31% to $61.76. Lovesac reported fourth-quarter FY22 sales growth of 51.3% year-on-year, to $196.2 million, beating the consensus of $174.33 million. Randolph Bancorp, Inc. (NASDAQ:RNDB) gained 25.6% to $26.50 after Hometown Financial Group announced plans to acquire Randolph Bancorp