Salisbury Bancorp (NASDAQ:SAL) reported quarterly earnings of $0.52 per share which missed the analyst consensus estimate of $0.75 by 30.67 percent. This is a 16.13 percent decrease over earnings of $0.62 per share from the same period last year.
Salisbury Bancorp (NASDAQ:SAL) reported quarterly earnings of $0.52 per share which missed the analyst consensus estimate of $0.75 by 30.67 percent. This is a 16.13 percent decrease over earnings of $0.62 per share from the same period last year.
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DA Davidson upgraded Salisbury Bancorp from Neutral to Buy
LAKEVILLE, Conn., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Salisbury Bancorp, Inc. ("Salisbury"), (NASDAQ Capital Market: "SAL"), the holding company for Salisbury Bank and Trust Company ("Salisbury Bank"), announced that it completed its merger with and into NBT Bancorp Inc. ("NBT") (NASDAQ:NBTB) (the "Merger") on August 11, 2023. Salisbury's President and Chief Executive Officer, Richard J. Cantele, Jr., stated, "We are excited about the consummation of our strategic merger with NBT. We believe Salisbury shareholders will benefit from the additional scale and expanded suite of products and services offered by NBT. I am extremely proud of the employees of Salisbury Bank who have worked diligent
Strategic Merger With NBT Approved by Salisbury ShareholdersFirst Quarter Net Income of $0.52 per Basic Common Share and Return on Average Assets of 0.79% or $0.60 and 0.91%, Respectively, Excluding Non-Recurring Expenses First Quarter 2023 Loan Growth of $22.1 million, or 1.8%Non-performing Assets were 0.14% of Total Assets at March 31, 2023Common Equity Tier 1 and Tangible Common Equity Ratio of 12.16% and 7.63%, Respectively, at March 31, 2023 1 LAKEVILLE, Conn., April 26, 2023 (GLOBE NEWSWIRE) -- Salisbury Bancorp, Inc. ("Salisbury"), (NASDAQ Capital Market: "SAL"), the holding company for Salisbury Bank and Trust Company (the "Bank"), announced results for its first quarter ended Mar
LAKEVILLE, Conn., April 13, 2023 (GLOBE NEWSWIRE) -- Salisbury Bancorp, Inc. ("Salisbury"), (NASDAQ Capital Market: "SAL"), the holding company for Salisbury Bank and Trust Company (the "Bank"), announced the results of the Special Meeting of Shareholders held on April 12, 2023. The proposal to approve the Agreement and Plan of Merger of Salisbury Bancorp, Inc. and Salisbury Bank into NBT Bancorp and NBT Bank has been approved; and the proposal to approve specified compensation that may become payable to the Named Executive Officers of Salisbury in connection with the merger has been approved. Completion of the merger is subject to receipt of regulatory approval and the satisfaction of
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Strategic Merger With NBT Approved by Salisbury ShareholdersFirst Quarter Net Income of $0.52 per Basic Common Share and Return on Average Assets of 0.79% or $0.60 and 0.91%, Respectively, Excluding Non-Recurring Expenses First Quarter 2023 Loan Growth of $22.1 million, or 1.8%Non-performing Assets were 0.14% of Total Assets at March 31, 2023Common Equity Tier 1 and Tangible Common Equity Ratio of 12.16% and 7.63%, Respectively, at March 31, 2023 1 LAKEVILLE, Conn., April 26, 2023 (GLOBE NEWSWIRE) -- Salisbury Bancorp, Inc. ("Salisbury"), (NASDAQ Capital Market: "SAL"), the holding company for Salisbury Bank and Trust Company (the "Bank"), announced results for its first quarter ended Mar
Fourth Quarter and Full Year 2022 Net Income of $0.71 and $2.75 per Basic Common Share, Respectively Robust Loan Growth of $174.1 million, or 16.5% for Full Year 2022, Excluding PPP LoansNon-performing Assets were 0.17% of Total Assets at December 31, 2022Common Equity Tier 1 and Total Capital Ratios of 12.2% and 13.4%, Respectively LAKEVILLE, Conn., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Salisbury Bancorp, Inc. ("Salisbury"), (NASDAQ Capital Market: "SAL"), the holding company for Salisbury Bank and Trust Company (the "Bank"), announced results for its fourth quarter and full year ended December 31, 2022. Net income available to common shareholders was $4.1 million, or $0.71 per basic common
Natural Extension into Attractive Contiguous Markets with High-Quality PartnerAdditional Scale in Combined Connecticut FootprintExpansion into Hudson Valley Region of Upstate New York's "Chip Corridor"Immediate Market Premium to Salisbury Shareholders and an approximate 40% dividend improvement; Strong Earnings Accretion to Combined Shareholder BaseBenefits of Additional Scale and Operating Leverage; Complementary Wealth Advisory Businesses and Increased Fee-Based RevenueConsistent Business Models and Strong Cultural Alignment NORWICH, N.Y. and LAKEVILLE, Conn., Dec. 05, 2022 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (NBT) (NASDAQ:NBTB) and Salisbury Bancorp, Inc. (Salisbury) (NASDAQ:SAL) anno
LAKEVILLE, Conn., April 21, 2022 (GLOBE NEWSWIRE) -- Salisbury Bancorp, Inc. ("Salisbury"), NASDAQ: "SAL", the holding company for Salisbury Bank and Trust Company (the "Bank"), announced the appointment of a new Executive Officer of the Bank effective May 2, 2022. Stephen Scott was named Executive Vice President, Chief Operating Officer. In this role, Mr. Scott will report to the President and CEO and will be responsible for Retail Administration and Operations; Loan Servicing; Deposit Operations; Customer Support; and Electronic Banking Services. Mr. Scott, age 39, most recently served as Chief Operating Officer at Fieldpoint Private for the past seven years. Prior to that, he served as
LAKEVILLE, Conn., Dec. 09, 2021 (GLOBE NEWSWIRE) -- Salisbury Bancorp, Inc. ("Salisbury"), NASDAQ: "SAL", the holding company for Salisbury Bank and Trust Company (the "Bank"), announced the appointment of a new Executive Officer of the Bank effective January 1, 2022. Todd J. Rubino was named Executive Vice President, Chief Commercial Lending Officer. Mr. Rubino, age 53, has served as Senior Vice President, Senior Commercial Loan Officer of the Bank since Salisbury acquired Riverside Bank in December of 2014. Prior to that, he served as Executive Vice President, Senior Lending Officer of Riverside Bank from 2011 to 2014. Mr. Rubino holds a B.A. in Economics from the State University of
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Salisbury Bancorp (NASDAQ:SAL) reported quarterly earnings of $0.59 per share which missed the analyst consensus estimate of $0.72 by 18.06 percent. This is a 10.61 percent decrease over earnings of $0.66 per share from the same period last year.
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Salisbury Bancorp (NASDAQ:SAL) reported quarterly earnings of $0.52 per share which missed the analyst consensus estimate of $0.75 by 30.67 percent. This is a 16.13 percent decrease over earnings of $0.62 per share from the same period last year.