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BSBK

Bogota Financial NasdaqCM:BSBK Stock Report

Last Price

US$11.08

Market Cap

US$152.4m

7D

0.08%

1Y

6.6%

Updated

06 Aug, 2022

Data

Company Financials +
BSBK fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends0/6

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.

Rewards

Earnings are forecast to grow 10.03% per year

Risk Analysis

No risks detected for BSBK from our risk checks.

Bogota Financial Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bogota Financial
Historical stock prices
Current Share PriceUS$11.08
52 Week HighUS$11.29
52 Week LowUS$9.95
Beta0.71
1 Month Change-0.37%
3 Month Change2.87%
1 Year Change6.63%
3 Year Changen/a
5 Year Changen/a
Change since IPO-4.41%

Recent News & Updates

Shareholder Returns

BSBKUS MortgageUS Market
7D0.08%2.2%1.0%
1Y6.6%-23.4%-12.9%

Return vs Industry: BSBK exceeded the US Mortgage industry which returned -23.6% over the past year.

Return vs Market: BSBK exceeded the US Market which returned -12.8% over the past year.

Price Volatility

Is BSBK's price volatile compared to industry and market?
BSBK volatility
BSBK Average Weekly Movement1.2%
Mortgage Industry Average Movement3.7%
Market Average Movement7.9%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.2%

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

FoundedEmployeesCEOWebsite
189374Joseph Coccarohttps://www.bogotasavingsbank.com

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

How do Bogota Financial's earnings and revenue compare to its market cap?
BSBK fundamental statistics
Market CapUS$152.42m
Earnings (TTM)US$6.12m
Revenue (TTM)US$21.96m

24.9x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BSBK income statement (TTM)
RevenueUS$21.96m
Cost of RevenueUS$0
Gross ProfitUS$21.96m
Other ExpensesUS$15.84m
EarningsUS$6.12m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.44
Gross Margin100.00%
Net Profit Margin27.86%
Debt/Equity Ratio82.1%

How did BSBK perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is BSBK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BSBK?

Other financial metrics that can be useful for relative valuation.

BSBK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio2.5x

Price to Earnings Ratio vs Peers

How does BSBK's PE Ratio compare to its peers?

BSBK PE Ratio vs Peers
The above table shows the PE ratio for BSBK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average14x
SNFC.A Security National Financial
5.4xn/aUS$165.7m
WMPN William Penn Bancorporation
37.8xn/aUS$160.2m
CFBK CF Bankshares
7.6x5.0%US$135.3m
OPBK OP Bancorp
5.3x-2.3%US$179.4m
BSBK Bogota Financial
24.9x10.0%US$152.4m

Price-To-Earnings vs Peers: BSBK is expensive based on its Price-To-Earnings Ratio (24.9x) compared to the peer average (14x).


Price to Earnings Ratio vs Industry

How does BSBK's PE Ratio compare vs other companies in the US Mortgage Industry?

Price-To-Earnings vs Industry: BSBK is expensive based on its Price-To-Earnings Ratio (24.9x) compared to the US Mortgage industry average (11.7x)


Price to Earnings Ratio vs Fair Ratio

What is BSBK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BSBK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.9x
Fair PE Ratio12.1x

Price-To-Earnings vs Fair Ratio: BSBK is expensive based on its Price-To-Earnings Ratio (24.9x) compared to the estimated Fair Price-To-Earnings Ratio (12.1x).


Share Price vs Fair Value

What is the Fair Price of BSBK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BSBK ($11.08) is trading above our estimate of fair value ($0.48)

Significantly Below Fair Value: BSBK is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Bogota Financial forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BSBK's forecast earnings growth (10% per year) is above the savings rate (1.9%).

Earnings vs Market: BSBK's earnings (10% per year) are forecast to grow slower than the US market (12.8% per year).

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

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: Insufficient data to determine if BSBK's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Bogota Financial performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


24.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BSBK has high quality earnings.

Growing Profit Margin: BSBK's current net profit margins (27.9%) are lower than last year (36.1%).


Past Earnings Growth Analysis

Earnings Trend: BSBK's earnings have grown significantly by 24% per year over the past 5 years.

Accelerating Growth: BSBK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BSBK had negative earnings growth (-5.1%) over the past year, making it difficult to compare to the Mortgage industry average (1.7%).


Return on Equity

High ROE: BSBK's Return on Equity (4.4%) is considered low.


Discover strong past performing companies

Financial Health

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

Financial Health Score

6/6

Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BSBK's Assets to Equity ratio (6.2x) is low.

Allowance for Bad Loans: BSBK has a sufficient allowance for bad loans (245%).

Low Risk Liabilities: 83% 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 (72%).

Low Risk Deposits: BSBK's Loans to Deposits ratio (103%) is appropriate.

Level of Bad Loans: BSBK has an appropriate level of bad loans (0.2%).


Discover healthy companies

Dividend

What is Bogota Financial current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

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

Earnings 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.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Joseph Coccaro (64 yo)

14.58yrs

Tenure

US$2,238,177

Compensation

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 ($USD2.24M) is above average for companies of similar size in the US market ($USD1.67M).

Compensation vs Earnings: Joseph's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: BSBK's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: BSBK's board of directors are seasoned and experienced ( 10.6 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bogota Financial Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Bogota Financial Corp.
  • Ticker: BSBK
  • Exchange: NasdaqCM
  • Founded: 1893
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Implied Market Cap: US$152.425m
  • Shares outstanding: 13.76m
  • Website: https://www.bogotasavingsbank.com

Number of Employees


Location

  • Bogota Financial Corp.
  • 819 Teaneck Road
  • Teaneck
  • New Jersey
  • 7666
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/06 00:00
End of Day Share Price2022/08/05 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.