BSBK Stock Overview
Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States.
Bogota Financial Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$10.04|
|52 Week High||US$11.10|
|52 Week Low||US$8.75|
|1 Month Change||-1.47%|
|3 Month Change||-3.09%|
|1 Year Change||12.81%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-13.37%|
Recent News & Updates
|BSBK||US Mortgage||US Market|
Return vs Industry: BSBK exceeded the US Mortgage industry which returned -11.8% over the past year.
Return vs Market: BSBK exceeded the US Market which returned 6.6% over the past year.
|BSBK Average Weekly Movement||1.3%|
|Mortgage Industry Average Movement||3.7%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: BSBK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: BSBK's weekly volatility (1%) has been stable over the past year.
About the Company
Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States. It offers deposit accounts, including demand accounts, savings accounts, money market accounts, and certificate of deposit accounts. The company also provides one- to four-family residential real estate loans, and commercial real estate and multi-family loans, as well as consumer loans, such as home equity loans and lines of credit, commercial and industrial loans, and construction loans; and buys, sells, and holds investment securities.
Bogota Financial Fundamentals Summary
|BSBK fundamental statistics|
Is BSBK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BSBK income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.46|
|Net Profit Margin||34.42%|
How did BSBK perform over the long term?See historical performance and comparison
Is Bogota Financial 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: BSBK ($10.04) is trading above our estimate of fair value ($0.28)
Significantly Below Fair Value: BSBK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BSBK is poor value based on its PE Ratio (21.8x) compared to the US Mortgage industry average (12.6x).
PE vs Market: BSBK is poor value based on its PE Ratio (21.8x) compared to the US market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: BSBK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BSBK's PB Ratio (1x) is in line with the US Mortgage industry average.
How is Bogota Financial forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BSBK's earnings are forecast to decline over the next 3 years (-8.7% per year).
Earnings vs Market: BSBK's earnings are forecast to decline over the next 3 years (-8.7% per year).
High Growth Earnings: BSBK's earnings are forecast to decline over the next 3 years.
Revenue vs Market: Insufficient data to determine if BSBK's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if BSBK's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BSBK's Return on Equity is forecast to be low in 3 years time (3.7%).
How has Bogota Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BSBK has a large one-off gain of $2.2M impacting its September 30 2021 financial results.
Growing Profit Margin: BSBK's current net profit margins (34.4%) are higher than last year (13.3%).
Past Earnings Growth Analysis
Earnings Trend: BSBK's earnings have grown by 17.5% per year over the past 5 years.
Accelerating Growth: BSBK's earnings growth over the past year (261.2%) exceeds its 5-year average (17.5% per year).
Earnings vs Industry: BSBK earnings growth over the past year (261.2%) exceeded the Mortgage industry 32.1%.
Return on Equity
High ROE: BSBK's Return on Equity (4.5%) is considered low.
How is Bogota Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: BSBK's Assets to Equity ratio (5.7x) is low.
Allowance for Bad Loans: BSBK has a sufficient allowance for bad loans (286%).
Low Risk Liabilities: 86% of BSBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: BSBK has an appropriate level of Loans to Assets ratio (69%).
Low Risk Deposits: BSBK's Loans to Deposits ratio (98%) is appropriate.
Level of Bad Loans: BSBK has an appropriate level of bad loans (0.1%).
What is Bogota Financial current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BSBK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BSBK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BSBK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BSBK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BSBK's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Joseph Coccaro (63 yo)
Mr. Joseph F. Coccaro serves as Chief Executive Officer and President at Bogota Savings Bank (MHC) (the "Bank"). Mr. Coccaro has been President and Chief Executive Officer of Bogota Financial Corp. since 2...
CEO Compensation Analysis
Compensation vs Market: Joseph's total compensation ($USD782.50K) is above average for companies of similar size in the US market ($USD582.55K).
Compensation vs Earnings: Joseph's compensation has been consistent with company performance over the past year.
Experienced Management: BSBK's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Experienced Board: BSBK's board of directors are seasoned and experienced ( 16 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BSBK insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.6%.
Bogota Financial Corp.'s employee growth, exchange listings and data sources
- Name: Bogota Financial Corp.
- Ticker: BSBK
- Exchange: NasdaqCM
- Founded: 1893
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Implied Market Cap: US$142.183m
- Shares outstanding: 14.16m
- Website: https://www.bogotasavingsbank.com
Number of Employees
- Bogota Financial Corp.
- 819 Teaneck Road
- New Jersey
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 00:16|
|End of Day Share Price||2022/01/20 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.