Bancorp 34, Inc. operates as the holding company for Bank 34 that offers various banking services to individuals and businesses in the United States.
Excellent balance sheet with questionable track record.
Share Price & News
How has Bancorp 34's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BCTF has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BCTF matched the US Mortgage industry which returned 2.2% over the past year.
Return vs Market: BCTF underperformed the US Market which returned 10.5% over the past year.
Price Volatility Vs. Market
How volatile is Bancorp 34's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StDoes Bancorp 34, Inc. (NASDAQ:BCTF) Have A Good P/E Ratio?
3 weeks ago | Simply Wall StHere's What You Should Know About Bancorp 34, Inc.'s (NASDAQ:BCTF) 1.3% Dividend Yield
1 month ago | Simply Wall StShould You Worry About Bancorp 34, Inc.'s (NASDAQ:BCTF) CEO Pay?
Is Bancorp 34 undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BCTF ($15.55) is trading above our estimate of fair value ($2.2)
Significantly Below Fair Value: BCTF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BCTF is poor value based on its PE Ratio (24.5x) compared to the Mortgage industry average (13.4x).
PE vs Market: BCTF is poor value based on its PE Ratio (24.5x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BCTF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BCTF is good value based on its PB Ratio (1.1x) compared to the US Mortgage industry average (1.1x).
How is Bancorp 34 forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bancorp 34 has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Bancorp 34 performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BCTF has high quality earnings.
Growing Profit Margin: BCTF's current net profit margins (12.9%) are lower than last year (13%).
Past Earnings Growth Analysis
Earnings Trend: BCTF's earnings have grown by 11.5% per year over the past 5 years.
Accelerating Growth: BCTF's earnings growth over the past year (5.6%) is below its 5-year average (11.5% per year).
Earnings vs Industry: BCTF earnings growth over the past year (5.6%) underperformed the Mortgage industry 10.7%.
Return on Equity
High ROE: BCTF's Return on Equity (4.4%) is considered low.
Return on Assets
Return on Capital Employed
How is Bancorp 34's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: BCTF has a low level of unsold assets or inventory.
Debt Coverage by Assets: BCTF's debt is not covered by short term assets (assets are 0.8x debt).
Financial Institutions Analysis
Asset Level: BCTF's level of assets compared to its equity is low.
Allowance for Bad Loans: BCTF has a low allowance for bad loans.
Low Risk Liabilities: BCTF's liabilities are made up of primarily low risk sources of funding.
Loan Level: BCTF has an acceptable proportion of non-loan assets held.
Low Risk Deposits: BCTF's loans are broadly funded by customer deposits.
Level of Bad Loans: BCTF has an appropriate level of bad loans (1.19%)
What is Bancorp 34's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: BCTF's dividend (1.29%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: BCTF's dividend (1.29%) is low compared to the top 25% of dividend payers in the US market (3.9%).
Stability and Growth of Payments
Stable Dividend: BCTF's dividend payments have been volatile in the past 10 years.
Growing Dividend: BCTF's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.7%), BCTF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jill Gutierrez (68yo)
Ms. Jill Gutierrez has been the Chief Executive Officer of Bancorp 34, Inc. since July 2011 and its president since October 02, 2018. Ms. Gutierrez has been the Chief Executive Officer of Bank 34, a subsid ...
CEO Compensation Analysis
Compensation vs Market: Jill's total compensation ($USD312.64K) is below average for companies of similar size in the US market ($USD524.26K).
Compensation vs Earnings: Jill's compensation has been consistent with company performance over the past year.
|Independent Director||6.7yrs||US$40.69k||0.28% $123.6k|
|Independent Chairman of the Board||7.3yrs||US$43.90k||1.54% $692.3k|
|Independent Vice Chairman of the Board||10.3yrs||US$42.01k||0.59% $264.6k|
|Independent Director||11.7yrs||US$42.08k||0.74% $333.1k|
|Independent Director||5.5yrs||US$43.54k||0.52% $233.0k|
|Independent Director||4.9yrs||US$41.72k||0.43% $194.5k|
Experienced Board: BCTF's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bancorp 34, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Bancorp 34, Inc.
- Ticker: BCTF
- Exchange: NasdaqCM
- Founded: 2016
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$44.858m
- Shares outstanding: 2.87m
- Website: https://www.bank34.com
Number of Employees
- Bancorp 34, Inc.
- 500 East 10th Street
- New Mexico
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BCTF||NasdaqCM (Nasdaq Capital Market)||Yes||New Common Stock||US||USD||May 2000|
Bancorp 34, Inc. operates as the holding company for Bank 34 that offers various banking services to individuals and businesses in the United States. It accepts various deposit products, such as savings accounts, checking accounts, money market accounts, demand deposits, NOW accounts, and certificates of deposit, as well as commercial checking accounts and related services, including online cash management. The company also provides commercial real estate, multi-family real estate, commercial and industrial, construction and land development, one- to four-family residential real estate, and consumer and other loans, as well as offers credit and debit cards. It operates four full-service banking centers, including one each in Otero and Dona Ana Counties, New Mexico; and two in Maricopa County, Arizona. Bancorp 34, Inc. was founded in 2016 and is headquartered in Alamogordo, New Mexico.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 01:31|
|End of Day Share Price||2020/02/26 00:00|
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.