NewBridge Bancorp ($NBBC) Confident Investor Rating: Poor

Company name NewBridge Bancorp
Stock ticker NBBC
Live stock price [stckqut]NBBC[/stckqut]
P/E compared to competitors Fair

MANAGEMENT EXECUTION

Employee productivity Poor
Sales growth Fair
EPS growth Poor
P/E growth Good
EBIT growth Poor

ANALYSIS

Confident Investor Rating Poor
Target stock price (TWCA growth scenario) $11.77
Target stock price (averages with growth) $9.83
Target stock price (averages with no growth) $6.15
Target stock price (manual assumptions) $6.9

The following company description is from Google Finance: http://www.google.com/finance?q=nbbc

NewBridge Bancorp (Bancorp) is a bank holding company. The Company’s banking subsidiary is NewBridge Bank (the Bank). Through its branch network, the Bank provides a range of banking products to individuals, small to medium-sized businesses and retail clients in its market areas, including interest bearing and noninterest bearing demand deposit accounts, certificates of deposits, individual retirement accounts, overdraft protection, personal and corporate trust services, safe deposit boxes, online banking, corporate cash management, brokerage, financial planning and asset management, mortgage production and secured and unsecured loans. The Bank’s primary market area is the Piedmont Triad Region of NC. The Bank also had loan production offices in Morganton, Raleigh, Charlotte and Lake Norman, NC. In April 2014, NewBridge Bancorp announced that NewBridge Bank completed its merger with CapStone Bank.

 

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in NewBridge Bancorp.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of NewBridge Bancorp calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

  • Stock price at the time of the calculation: $7.58
  • Growth: 0.08
  • Current EPS (TTM): $0.28
  • P/E: 27
  • Future EPS Calc: $0.41
  • Future Stock Price Calc: $11.1
  • Target stock price: $6.89

I hope that this makes you a better investor. [/s2If]

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