OTCPK:CSHXBanks
Cashmere Valley Bank (CSHX) Net Margin Drops, Reinforcing Profitability Concerns Despite Discounted Valuation
Cashmere Valley Bank (CSHX) posted a net profit margin of 34%, down from last year’s 36.9%, and reported negative earnings growth for the most recent year. Despite the dip, the bank’s five-year average earnings growth remains at 2% annually. Investors are likely to note that CSHX’s earnings quality is rated highly. The shares trade at $68.35, a notable discount to the estimated fair value of $162.14. Further attraction comes from a comparatively low 8.7x price-to-earnings ratio and a strong...
