Bancorp of New Jersey, Inc. Earnings Analysis: 2015 By the Numbers

Bancorp of New Jersey, Inc. reports financial results for the year ended December 31, 2015.

We analyze the earnings along side the following peers of Bancorp of New Jersey, Inc. – Parke Bancorp, Inc., Sun Bancorp, Inc., Two River Bancorp, Sussex Bancorp, Lakeland Bancorp, Inc., Unity Bancorp, Inc. and Valley National Bancorp (PKBK-US, SNBC-US, TRCB-US, SBBX-US, LBAI-US, UNTY-US and VLY-US) that have also reported for this period.

Highlights

  • Earnings growth from operating margin improvements as well as from one-time items.

The table below shows the preliminary results and recent trends for key metrics such as revenues and net income (See complete table at the end of this report):

2011 2012 2013 2014 2015
Relevant Numbers (Annual)
Revenues 15.12 17.76 19.08 21.39 23.49
Revenue Growth (YOY) N/A N/A N/A N/A N/A
Earnings 3.32 4.2 4.65 3.79 4.81
Earnings Growth (YOY) 54.44 26.43 10.81 -18.56 26.86
Net Margin 21.97 23.65 24.4 17.72 20.47
EPS 0.64 0.81 0.87 0.7 0.79
Return on Equity 6.51 7.95 8.49 6.54 7.23
Return on Assets 0.79 0.81 0.79 0.56 0.62

Access our Ratings and Scores for Bancorp of New Jersey, Inc.

Margins

The company’s earnings growth has also been influenced by the following factors: (1) Improvements in operating margins from 27.64% to 31.27% and (2) one-time items. The company’s pretax margins are now 31.27%, compared to 27.64% for the same period last year.

EBIT Margin History
PreTax Margin History
EBIT Margin Versus PreTax Margin

Access our Ratings and Scores for Bancorp of New Jersey, Inc.

Company Profile

Bancorp of New Jersey, Inc. operates as a bank holding company. Its primary business is ownership and supervision of the bank. The company is operating through its subsidiary, Bank of New Jersey which conducts a traditional commercial banking business, accepting deposits from the general public, including individuals, businesses, non-profit organizations, and governmental units. The bank makes commercial loans, consumer loans, and both residential and commercial real estate loans. In addition, it provides other customer services and makes investments in securities, as permitted by law. The company was founded in November 2006 and is headquartered in Fort Lee, NJ.

CapitalCube does not own any shares in the stocks mentioned and focuses solely on providing unique fundamental research and analysis on approximately 50,000 stocks and ETFs globally. Try any of our analysis, screener or portfolio premium services free for 7 days. To get a quick preview of our services, check out our free quick summary analysis of BKJ-US.

Leave a Comment