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Bridge Bancorp (Bridge Bancorp) Net Cash per Share : $-234.63 (As of Sep. 2020)


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What is Bridge Bancorp Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Bridge Bancorp's Net Cash per Share for the quarter that ended in Sep. 2020 was $-234.63.

The historical rank and industry rank for Bridge Bancorp's Net Cash per Share or its related term are showing as below:

BDGE's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 13.33
* Ranked among companies with meaningful Price-to-Net-Cash only.

Bridge Bancorp Net Cash per Share Historical Data

The historical data trend for Bridge Bancorp's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bridge Bancorp Net Cash per Share Chart

Bridge Bancorp Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -142.04 -159.63 -165.26 -184.95 -232.25

Bridge Bancorp Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -184.95 -191.67 -234.14 -234.63 -232.25

Competitive Comparison of Bridge Bancorp's Net Cash per Share

For the Banks - Regional subindustry, Bridge Bancorp's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bridge Bancorp's Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bridge Bancorp's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Bridge Bancorp's Price-to-Net-Cash falls into.



Bridge Bancorp Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Bridge Bancorp's Net Cash per Share for the fiscal year that ended in Dec. 2019 is calculated as

Net Cash per Share (A: Dec. 2019 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(117.194+638.291-4424.366-0)/19.8368
=-184.95

Bridge Bancorp's Net Cash per Share for the quarter that ended in Sep. 2020 is calculated as

Net Cash per Share (Q: Sep. 2020 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(710.467+466.081-5810.156-0)/19.7488
=-234.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bridge Bancorp  (NAS:BDGE) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Bridge Bancorp Net Cash per Share Related Terms

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Bridge Bancorp (Bridge Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2200 Montauk Highway, PO Box 3005, Bridgehampton, NY, USA, 11932
Bridge Bancorp Inc is a holding company. The Bank, through its subsidiary, engages in full-service commercial and consumer banking business, including accepting time, savings and demand deposits from the consumers, businesses and local municipalities in its market area. It services include business checking; business loan and mortgages; cash management; merchant services; title insurance services; foreign exchange services; equipment financing online banking and bill pay.
Executives
Basswood Capital Management, L.l.c. director, 10 percent owner, officer: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Nathan Lindenbaum 10 percent owner C/O BASSWOOD CAPITAL MANAGEMENT, L.L.C., 645 MADISON AVENUE, NEW YORK NY 10022
Etzioni Partners, Llc 10 percent owner C/O BASSWOOD CAPITAL MANAGEMENT, LLC, 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10598
Raymond A Nielsen director BRIDGE BANCORP INC, 2200 MONTAUK HIGHWAY, BRIDGEHAMPTON NY 11932
Mgs Partners, Llc 10 percent owner C/O BASSWOOD CAPITAL MANAGEMENT, L.L.C, 645 MADISON AVENUE 10TH FLOOR, NEW YORK NY 10022
Basswood Financial Fund, Inc. director, 10 percent owner, other: Director-by-Deputization 3RD FL., HARBOUR CENTRE, P.O. BOX 61, GEORGE TOWN E9 KY1-1102
Bennett D Lindenbaum director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Matthew A Lindenbaum director, 10 percent owner 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Partners, L.l.c. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FL, NEW YORK NY 10022
Basswood Co-investment Fund, Ltd. director, 10 percent owner, other: Director-by-Deputization 3RD FLOOR, HARBOUR CENTRE, GEORGETOWN, GRAND CAYMAN E9 KY1-1103
Daniel Rubin director 2200 MONTAUK HIGHWAY, BRIDGEHAMPTON NY 11932
Basswood Enhanced Long Short Fund Lp director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Enhanced Long Short Gp, Llc director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FL., NEW YORK NY 10022
Basswood Financial Long Only Fund, L.p. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FL., NEW YORK NY 10022
Basswood Financial Fund, L.p. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022