NasdaqGM:ANCX

Stock Analysis Report

Executive Summary

Access National Corporation operates as the bank holding company for Access National Bank that provides credit, deposit, mortgage, and wealth management services to small and medium sized businesses, professionals, and associated individuals primarily in the greater Washington, D.C.

Snowflake

Fundamentals

Flawless balance sheet 6 star dividend payer.


Similar Companies

Share Price & News

How has Access National's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.5%

ANCX

4.8%

US Banks

2.3%

US Market


1 Year Return

-20.0%

ANCX

0.04%

US Banks

5.6%

US Market


Shareholder returns

ANCXIndustryMarket
7 Day-2.5%4.8%2.3%
30 Day7.6%-0.5%-1.0%
90 Day-11.2%2.0%-0.7%
1 Year-18.1%-20.0%2.9%0.04%7.9%5.6%
3 Year52.5%42.8%51.5%41.1%45.6%36.3%
5 Year78.3%53.6%70.9%52.3%65.8%47.6%

Price Volatility Vs. Market

How volatile is Access National's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Access National undervalued compared to its fair value and its price relative to the market?

13.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Information is not available.

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Price To Earnings Ratio

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Price to Earnings Growth Ratio

Information is not available.


Price to Book Ratio

Information is not available.


Next Steps

Future Growth

How is Access National forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

8.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Information is not available.

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High Growth Earnings: ANCX's earnings are forecast to grow, but not significantly.

Information is not available.

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Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Access National performed over the past 5 years?

17.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Information is not available.

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Return on Equity

Information is not available.


Return on Assets

Information is not available.


Return on Capital Employed

Information is not available.


Next Steps

Financial Health

How is Access National's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Asset Level: ANCX's level of assets compared to its equity is low.

Allowance for Bad Loans: ANCX has a sufficient allowance for bad loans.

Low Risk Liabilities: ANCX's liabilities are made up of primarily low risk sources of funding.

Loan Level: ANCX has an acceptable proportion of non-loan assets held.

Low Risk Deposits: ANCX's loans are broadly funded by customer deposits.

Level of Bad Loans: ANCX has an appropriate level of bad loans (0.26%)


Next Steps

Dividend

What is Access National's current dividend yield, its reliability and sustainability?

3.90%

Current Dividend Yield


Dividend Yield vs Market

company3.9%marketbottom25%1.5%markettop25%3.8%industryaverage3.0%forecastin3Years2.9%

Current dividend yield vs market & industry


Stability and Growth of Payments

Information is not available.

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Stable Dividend: ANCX's dividends per share have been stable in the past 10 years.

Information is not available.


Current Payout to Shareholders

Information is not available.


Future Payout to Shareholders

Information is not available.


Next Steps

Management

What is the CEO of Access National's salary, the management and board of directors tenure and is there insider trading?

14.4yrs

Average management tenure


CEO

Mike Clarke (56yo)

16.8yrs

Tenure

US$692,471

Compensation

Mr. Michael W. Clarke, also known as Mike, has been the Chief Executive Officer and President of Access National Corporation since April 18, 2002. Mr. Clarke has been the Chief Executive Officer of Access  ...


CEO Compensation Analysis

Information is not available.

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Management Age and Tenure

14.4yrs

Average Tenure

54yo

Average Age

Information is not available.


Board Age and Tenure

7.9yrs

Average Tenure

56.5yo

Average Age

Information is not available.


Insider Trading

Information is not available.


Recent Insider Transactions

BuyUS$6,00127 Nov 18
Janet Neuharth
EntityIndividual
Role
Member of the Board of Directors
Director
Shares249.4
Max PriceUS$24.06
BuyUS$1,50027 Nov 18
Margaret Taylor
EntityIndividual
Role
Chief Financial Officer
Executive VP & CFO
Shares62.35
Max PriceUS$24.06
BuyUS$60027 Nov 18
Mark Moore
EntityIndividual
Role
Unit Board Member
President & Director of Access National Bank
Shares24.94
Max PriceUS$24.06
BuyUS$20,00227 Nov 18
Thomas Kody
EntityIndividual
Role
Member of the Board of Directors
Director
Shares831.33
Max PriceUS$24.06

Ownership Breakdown


Management Team

  • Mark Moore (54yo)

    President & Director of Access National Bank

    • Tenure: 2.7yrs
    • Compensation: US$431.05k
  • Bob Shoemaker (57yo)

    Executive VP & Director

    • Tenure: 17.1yrs
    • Compensation: US$544.35k
  • Mike Clarke (56yo)

    President

    • Tenure: 16.8yrs
    • Compensation: US$692.47k
  • Dean Hackemer (53yo)

    President of Access National Mortgage Division - Access National Bank

    • Tenure: 14.4yrs
    • Compensation: US$837.65k
  • Steve Reeder (51yo)

    Executive Vice President and Chief Deposit Officer

    • Tenure: 0yrs
  • Sheila Linton (47yo)

    VP, Corporate Secretary & Investor Relations

    • Tenure: 0yrs
  • Meg Taylor (54yo)

    Executive VP & CFO

    • Tenure: 6.7yrs
    • Compensation: US$358.10k
  • Cindy Caldwell

    Senior VP & Veterinary Team Leader

    • Tenure: 0yrs
  • Stephanie Ogle

    Chief Administrative Officer & Executive VP

    • Tenure: 0yrs
  • Patricia Fisher

    Senior Vice President of Loan Admin

    • Tenure: 0yrs

Board Members

  • Martin Friedman (49yo)

    Director

    • Tenure: 9.4yrs
    • Compensation: US$153.45k
  • Mark Moore (54yo)

    President & Director of Access National Bank

    • Tenure: 2.7yrs
    • Compensation: US$431.05k
  • Jan Neuharth (63yo)

    Director

    • Tenure: 1.8yrs
    • Compensation: US$55.00k
  • Mike Anzilotti (68yo)

    Vice Chairman of the Board

    • Tenure: 1.8yrs
    • Compensation: US$169.45k
  • Bob Shoemaker (57yo)

    Executive VP & Director

    • Tenure: 17.1yrs
    • Compensation: US$544.35k
  • Skip Edgemond (56yo)

    Director

    • Tenure: 17.1yrs
    • Compensation: US$136.45k
  • Thomas Kody (56yo)

    Director

    • Tenure: 17.1yrs
    • Compensation: US$127.95k
  • Randy Babbitt (71yo)

    Director

    • Tenure: 6.4yrs
    • Compensation: US$132.95k
  • Mike Clarke (56yo)

    President

    • Tenure: 16.8yrs
    • Compensation: US$692.47k
  • John Lee (60yo)

    Chairman of the Board

    • Tenure: 1.8yrs
    • Compensation: US$90.50k

Company Information

Access National Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Access National Corporation
  • Ticker: ANCX
  • Exchange: NasdaqGM
  • Founded: 1999
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$497.662m
  • Shares outstanding: 21.08m
  • Website: https://www.accessnationalbank.com

Number of Employees


Location

  • Access National Corporation
  • 1800 Robert Fulton Drive
  • Suite 300
  • Reston
  • Virginia
  • 20191
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ANCXNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDJul 2004

Biography

Access National Corporation operates as the bank holding company for Access National Bank that provides credit, deposit, mortgage, and wealth management services to small and medium sized businesses, profe ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/02/01 01:42
End of Day Share Price2019/01/31 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.