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FNCB Bancorp, Inc.NasdaqCM:FNCB Rapporto sulle azioni

Cap. di mercato US$133.6m
Prezzo delle azioni
n/a
Il mio valore equo
Non disponibile
1Y12.3%
7D15.9%
1D
Valore del portafoglio
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FNCB Bancorp, Inc.

Report azionario NasdaqCM:FNCB

Capitalizzazione di mercato: US$133.6m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

FNCB Bancorp (FNCB) Panoramica del titolo

Operates as the bank holding company for FNCB Bank that provides retail and commercial banking services to individuals, businesses, local governments, and municipalities in the United States. Maggiori dettagli

FNCB analisi fondamentale
Punteggio fiocco di neve
Valutazione4/6
Crescita futura0/6
Prestazioni passate2/6
Salute finanziaria6/6
Dividendi3/6

Premi

Negoziato a 56.5% al di sotto della nostra stima del suo valore equo

Analisi del rischio

Andamento instabile dei dividendi


FNCB Community Fair Values

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Concorrenti di FNCB Bancorp, Inc.

Storia dei prezzi e prestazioni

Riepilogo dei massimi, dei minimi e delle variazioni dei prezzi delle azioni per FNCB Bancorp
Prezzi storici delle azioni
Prezzo attuale dell'azioneUS$6.75
Massimo di 52 settimaneUS$7.15
Minimo di 52 settimaneUS$5.17
Beta0.33
Variazione di 1 mese18.42%
Variazione a 3 mesi17.19%
Variazione di 1 anno12.31%
Variazione a 3 anni-7.28%
Variazione a 5 anni-16.15%
Variazione dall'IPO184.09%

Notizie e aggiornamenti recenti

Recent updates

Articolo di analisi • Aug 21

FNCB Bancorp (NASDAQ:FNCB) Is Due To Pay A Dividend Of $0.09

FNCB Bancorp, Inc.'s ( NASDAQ:FNCB ) investors are due to receive a payment of $0.09 per share on 15th of September...
Seeking Alpha • Aug 29

FNCB Bancorp: High Dividend Yield, Flattish Earnings Outlook

Summary Strength in Pennsylvania’s job market and satisfactory regional economic activity will likely support loan growth through the end of 2023. The margin will suffer from the rising rate environment as the re-pricing of liabilities will overtake the re-pricing of assets. The equity book value will also decline due to higher interest rates. The December 2022 target price suggests a moderate upside from the current market price. Further, FNCB is offering a high dividend yield for a bank holding company. Strong loan growth will likely be the chief driver for FNCB Bancorp’s (NASDAQ: FNCB) earnings in the next year and a half. On the other hand, the margin will likely dip this year as the re-pricing of deposits will outweigh the re-pricing of earning assets. Meanwhile, the provisioning for expected loan losses will likely remain at a normal level. Overall, I'm expecting FNCB Bancorp to report earnings of $1.06 per share in 2022, almost unchanged from last year. For 2023, I'm expecting the company to report earnings of $1.15 per share, up 9% year-over-year. The year-end target price suggests a moderate upside from the current market price. Further, FNCB is offering a high dividend yield. Based on the total expected return, I'm adopting a buy rating on FNCB Bancorp. Pennsylvania's Economy is Pivotal for Loan Growth Compared to previous years, FNCB Bancorp’s loan growth has been extraordinary so far this year. The portfolio has already grown by 11.2% in the first half (22% annualized), raising hopes of at least mid-teen growth for the full year. However, high interest rates are likely to dampen credit appetite, leading to a deceleration of the growth rate from the first half’s level. On the other hand, strong job markets and reasonable economic activity in local markets will likely keep loan growth near the historical median. FNCB mainly operates in northeastern Pennsylvania, including Lackawanna, Luzerne, and Wayne counties. The state has a commendable job market, with an unemployment rate that is very low from a historical perspective. Pennsylvania Unemployment Rate data by YCharts Further, the coincident index indicates that economic activity in Pennsylvania is at a satisfactory level. Philly Fed Pennsylvania Coincident Index data by YCharts Overall, I'm expecting the loan portfolio to grow by 2% every quarter, or 8% annualized, through the end of 2023, which is close to the historical trend. Margin to Suffer from Rising Interest Rates FNCB's balance sheet is liability sensitive in the short term, which means the re-pricing of liabilities will outweigh the re-pricing of assets. The following factors contribute to liability sensitivity. A large balance of adjustable-rate deposits. Non-maturing interest-bearing deposits made up a hefty 66% of total deposits at the end of June 2022, according to details given in the 10-Q filing. These deposits re-price frequently; therefore, they will pressurize the margin amid a rising rate environment. A large balance of securities. The available-for-sale debt securities portfolio made up a sizable 31% of total earning assets at the end of June 2022. A majority of debt securities are based on fixed rates. Therefore, they will weigh down the average earning-asset yield as rates rise. The results of the management’s interest-rate sensitivity analysis given in the 10-Q filing showed that a 200-basis points hike in interest rates could DECREASE the net interest income by 7.4% over months. Considering these factors, I'm expecting the margin to dip by 5 basis points in the second half of 2022 and then remain unchanged throughout 2023. Normalized Provisioning Likely The loan portfolio’s asset quality has improved tremendously over the last year. Nonperforming loans made up just 0.26% of total loans at the end of June 2022, down from 0.46% at the end of June 2021. As a result of the reduction in nonperforming loans, the allowance now appears at a comfortable level. Allowances were 1.23% of total loans at the end of June 2022. In my opinion, FNCB can easily ride out the upcoming headwinds without making any out-of-the-ordinary contributions to reserves. The upcoming headwinds include high inflation, rising interest rates, and the possibility of a recession. Overall, I believe provisioning will likely remain at a normal level through the end of 2023. I'm expecting the net provision expense to make up around 0.17% of total loans (annualized) in every quarter till the end of next year, which is the same as the average from 2017 to 2019. Expecting Flattish Earnings for 2022, Moderate Growth for 2023 The anticipated loan growth discussed above will likely be the chief driver of earnings for the next year and a half. On the other hand, the reduction in net interest margin will likely drag earnings. Meanwhile, provisioning for expected loan losses will likely remain at a normal rate. Overall, I'm expecting FNCB to report earnings of $1.06 per share for 2022, almost unchanged from last year. For 2023, I'm expecting earnings to grow by 9% to $1.15 per share. The following table shows my income statement estimates. FY18 FY19 FY20 FY21 FY22E FY23E Income Statement Net interest income 37 36 40 49 54 59 Provision for loan losses 2.6 0.8 1.9 0.2 1.8 2.0 Non-interest income 12 8 9 8 7 7 Non-interest expense 29 30 29 31 34 36 Net income - Common Sh. 13 11 15 21 21 23 EPS - Diluted ($) 0.79 0.56 0.76 1.06 1.06 1.15 Source: SEC Filings, Earnings Releases, Author's Estimates (In USD million unless otherwise specified) Actual earnings may differ materially from estimates because of the risks and uncertainties related to inflation, and consequently the timing and magnitude of interest rate hikes. Further, a stronger or longer-than-anticipated recession can increase the provisioning for expected loan losses beyond my estimates. Further Book Value Erosion Likely FNCB has a large balance of available-for-sale securities, which made up 31% of total earning assets at the end of June 2022. As a result, the company has accumulated significant mark-to-market losses on this portfolio amid the rising-rate environment. These unrealized losses have bypassed the income statement and gone directly to the equity account, as per relevant accounting standards. Consequently, the equity book value (tangible) has plunged from $8.13 per share at the end of December 2021 to $6.38 per share at the end of June 2022, according to details given in the earnings release. I'm expecting a 150-basis point hike in the Federal Funds rate in the second half of 2022 and no change in the first half of 2023 before some rate cuts in late 2023. Therefore, the equity book value will face further pressure this year. On the other hand, retained earnings will lift the book value per share. The following table shows my balance sheet estimates.
Articolo di analisi • Aug 08

FNCB Bancorp (NASDAQ:FNCB) Will Pay A Larger Dividend Than Last Year At $0.09

FNCB Bancorp, Inc. ( NASDAQ:FNCB ) has announced that it will be increasing its dividend from last year's comparable...
Seeking Alpha • Jul 27

FNCB Bancorp raises dividend by 20% to $0.09/share

FNCB Bancorp (NASDAQ:FNCB) declares $0.09/share quarterly dividend, 20% increase from prior dividend of $0.075. Forward yield 4.68% Payable Sept. 15; for shareholders of record Sept. 1; ex-div Aug. 31. See FNCB Dividend Scorecard, Yield Chart, & Dividend Growth.
Articolo di analisi • May 03

Is Now The Time To Put FNCB Bancorp (NASDAQ:FNCB) On Your Watchlist?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Seeking Alpha • Apr 04

FNCB Bancorp: A 3.16% Yield With A Sub-30% Payout Ratio

FNCB Bancorp is the holding company of a small community bank in Pennsylvania with just under $1.7B in total assets. The bank's EPS exceeded $1 in 2021 and should remain above this level in 2022, even when loan loss provisions normalize. Only a very small minority of the loan book is classified as non-accrual, and the current loan loss provisions seem to be covering the risks. The dividend yield is low, but FNCB retains the majority of its earnings, this boosts the TBV by over $0.70 per year.
Articolo di analisi • Oct 31

FNCB Bancorp (NASDAQ:FNCB) Is Increasing Its Dividend To US$0.075

FNCB Bancorp, Inc. ( NASDAQ:FNCB ) has announced that it will be increasing its dividend on the 15th of December to...
Seeking Alpha • Sep 07

FNCB Bancorp: This Undervalued Under-The-Radar Bank Has Upside

Cost reductions driving widening net interest income. Loans and deposits both growing while asset quality has improved. Attractive valuation, and trading right at book. Increased dividend.
Articolo di analisi • Aug 05

FNCB Bancorp (NASDAQ:FNCB) Is Increasing Its Dividend To US$0.075

The board of FNCB Bancorp, Inc. ( NASDAQ:FNCB ) has announced that it will be increasing its dividend on the 15th of...
Articolo di analisi • May 06

Shareholders May Be A Bit More Conservative With FNCB Bancorp, Inc.'s (NASDAQ:FNCB) CEO Compensation For Now

In the past three years, the share price of FNCB Bancorp, Inc. ( NASDAQ:FNCB ) has struggled to grow and now...
Articolo di analisi • May 02

Is FNCB Bancorp, Inc. (NASDAQ:FNCB) A Great Dividend Stock?

Dividend paying stocks like FNCB Bancorp, Inc. ( NASDAQ:FNCB ) tend to be popular with investors, and for good reason...
Articolo di analisi • Mar 28

Is Now The Time To Put FNCB Bancorp (NASDAQ:FNCB) On Your Watchlist?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Articolo di analisi • Feb 21

FNCB Bancorp (NASDAQ:FNCB) Shareholders Booked A 20% Gain In The Last Five Years

If you buy and hold a stock for many years, you'd hope to be making a profit. Furthermore, you'd generally like to see...
Articolo di analisi • Dec 30

Would FNCB Bancorp, Inc. (NASDAQ:FNCB) Be Valuable To Income Investors?

Today we'll take a closer look at FNCB Bancorp, Inc. ( NASDAQ:FNCB ) from a dividend investor's perspective. Owning a...
Articolo di analisi • Nov 25

FNCB Bancorp, Inc. (NASDAQ:FNCB) Will Pay A US$0.055 Dividend In Four Days

It looks like FNCB Bancorp, Inc. (NASDAQ:FNCB) is about to go ex-dividend in the next 4 days. Ex-dividend means that...

Rendimenti per gli azionisti

FNCBUS BanksUS Mercato
7D15.9%3.8%2.0%
1Y12.3%26.6%23.3%

Ritorno vs Industria: FNCB ha avuto una performance inferiore rispetto al US Banks che ha registrato un rendimento 26.6 % nell'ultimo anno.

Rendimento vs Mercato: FNCB ha avuto una performance inferiore al mercato US che ha registrato un rendimento 23.3 % nell'ultimo anno.

Volatilità dei prezzi

Is FNCB's price volatile compared to industry and market?
FNCB volatility
FNCB Average Weekly Movement4.5%
Banks Industry Average Movement3.3%
Market Average Movement7.2%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Prezzo delle azioni stabile: FNCB non ha avuto una volatilità dei prezzi significativa negli ultimi 3 mesi rispetto al mercato US.

Volatilità nel tempo: La volatilità settimanale ( 4% ) di FNCB è rimasta stabile nell'ultimo anno.

Informazioni sull'azienda

FondatoI dipendentiAMMINISTRATORE DELEGATOSito web
1910212Jerry Champiwww.fncb.com

FNCB Bancorp, Inc. Riepilogo dei fondamenti

Come si confrontano gli utili e i ricavi di FNCB Bancorp con la sua capitalizzazione di mercato?
FNCB statistiche fondamentali
Capitalizzazione di mercatoUS$133.62m
Utili (TTM)US$13.85m
Ricavi(TTM)US$53.75m
9.6x
Rapporto P/E
1.0x
Rapporto P/B

FNCB è sopravvalutato?

Vedi Fair Value e analisi di valutazione

Utili e ricavi

Statistiche chiave sulla redditività dall'ultima relazione sugli utili (TTM)
FNCB Conto economico (TTM)
RicaviUS$53.75m
Costo del fatturatoUS$0
Profitto lordoUS$53.75m
Altre speseUS$39.90m
UtiliUS$13.85m

Ultimi utili riportati

Mar 31, 2024

Prossima data di guadagno

n/a

Utile per azione (EPS)0.70
Margine lordo100.00%
Margine di profitto netto25.77%
Rapporto debito/patrimonio netto168.1%

Come si è comportato FNCB nel lungo periodo?

Vedi performance storica e confronto

Dividendi

5.3%
Rendimento attuale del dividendo
51%
Rapporto di remunerazione

Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2024/07/01 21:44
Prezzo dell'azione a fine giornata2024/07/01 00:00
Utili2024/03/31
Utili annuali2023/12/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; disponiamo inoltre di guide su come utilizzare i nostri report e di tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

FNCB Bancorp, Inc. è coperta da 0 analisti. 0 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.