NasdaqCM:CFBK

Stock Analysis Report

Executive Summary

Central Federal Corporation operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Risks

  • Central Federal is not covered by any analysts.

Similar Companies

Share Price & News

How has Central Federal's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

NasdaqCM:CFBK

-1.6%

US Mortgage

-1.9%

US Market


1 Year Return

-16.1%

NasdaqCM:CFBK

-2.6%

US Mortgage

-3.3%

US Market

CFBK underperformed the Mortgage industry which returned -2.8% over the past year.

CFBK underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

CFBKIndustryMarket
7 Day0%-1.6%-1.9%
30 Day-0.4%-2.8%-6.2%
90 Day-3.4%-1.3%0.3%
1 Year-16.1%-16.1%-0.6%-2.6%-1.1%-3.3%
3 Year62.8%62.8%29.6%21.0%37.9%28.9%
5 Year53.6%53.6%55.3%39.0%50.8%34.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Central Federal undervalued based on future cash flows and its price relative to the stock market?

7.88x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Central Federal's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Central Federal's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Central Federal is good value based on earnings compared to the US Mortgage industry average.

Central Federal is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Central Federal, we can't assess if its growth is good value.


Price Based on Value of Assets

Central Federal is good value based on assets compared to the US Mortgage industry average.


Next Steps

Future Growth

How is Central Federal expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-1.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Central Federal is high growth as no revenue estimate data is available.

Central Federal's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Central Federal's revenue growth to the United States of America market average as no estimate data is available.

Central Federal's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Central Federal's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Central Federal will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Central Federal performed over the past 5 years?

34.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Central Federal has delivered over 20% year on year earnings growth in the past 5 years.

Central Federal's 1-year earnings growth exceeds its 5-year average (224.4% vs 34.7%)

Central Federal's earnings growth has exceeded the US Mortgage industry average in the past year (224.4% vs 32.9%).


Return on Equity

Central Federal has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Central Federal used its assets more efficiently than the US Mortgage industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Central Federal improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Central Federal'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

Central Federal has an acceptable proportion of non-loan assets held.

Central Federal has a sufficient allowance for bad loans.

Central Federal's liabilities are made up of primarily low risk sources of funding.

Central Federal's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Central Federal are broadly funded by customer deposits.

Central Federal has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Central Federal's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Central Federal's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Central Federal's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Central Federal has not reported any payouts.

Unable to verify if Central Federal's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Central Federal has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

4.3yrs

Average management tenure


CEO

Tim O’Dell (66yo)

7.0yrs

Tenure

US$740,960

Compensation

Mr. Timothy T. O’Dell, also known as Tim, has been the Chief Executive Officer and President of Central Federal Corporation and CFBank, National Association since August 23, 2012 and October 9, 2015 respec ...


CEO Compensation Analysis

Tim's remuneration is higher than average for companies of similar size in United States of America.

Tim's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.3yrs

Average Tenure

65yo

Average Age

The tenure for the Central Federal management team is about average.


Board Age and Tenure

7.0yrs

Average Tenure

68yo

Average Age

The tenure for the Central Federal board of directors is about average.


Insider Trading

More shares have been bought than sold by Central Federal individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$18,84118 Jun 19
David Royer
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,500
Max PriceUS$12.56
BuyUS$6,25606 Jun 19
Thomas Ash
EntityIndividual
Role
Member of the Board of Directors
Director
Shares500
Max PriceUS$12.51
BuyUS$3,11405 Jun 19
John Helmsdoerfer
EntityIndividual
Role
Chief Financial Officer
Executive VP
Shares250
Max PriceUS$12.46
BuyUS$10,84730 May 19
Timothy O’Dell
EntityIndividual
Role
Chief Executive Officer
President
Shares870
Max PriceUS$12.47
BuyUS$12,63013 May 19
Timothy O’Dell
EntityIndividual
Role
Chief Executive Officer
President
Shares1,000
Max PriceUS$12.63
BuyUS$4,97212 Mar 19
John Helmsdoerfer
EntityIndividual
Role
Chief Financial Officer
Executive VP
Shares375
Max PriceUS$13.26
BuyUS$67,09712 Mar 19
David Royer
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceUS$13.42

Ownership Breakdown


Management Team

  • Daniel Galeoti

    Vice President of Central Federal Bank

    • Tenure: 0.0yrs
    • Compensation: US$100.09k
  • Charles Standley (65yo)

    VP of Commercial & Consumer Lending for Central Federal Savings & Loan Association for Wellsville

    • Tenure: 0.0yrs
    • Compensation: US$206.21k
  • Deborah Jacob

    Assistant Secretary of Central Federal Bank

    • Tenure: 0.0yrs
  • Laura Martin

    Assistant Secretary and Assistant Secretary of Central Federal Bank

    • Tenure: 0.0yrs
  • Dana Sutphin

    Vice President of Enterprise Risk & Internal Audit of Cfbank

    • Tenure: 0.0yrs
  • Tim O’Dell (66yo)

    President

    • Tenure: 7.0yrs
    • Compensation: US$740.96k
  • John Helmsdoerfer (61yo)

    Executive VP

    • Tenure: 6.4yrs
    • Compensation: US$483.03k
  • Barb Pyke

    Corporate Secretary

    • Tenure: 0.0yrs
  • Paul Souleyrette

    Market President of Cincinnati Market

    • Tenure: 2.2yrs
  • Steve Nitzsche

    Senior VP & Equipment Finance Manager

    • Tenure: 1.7yrs

Board Members

  • Bob Hoeweler (72yo)

    Chairman of the Board

    • Tenure: 7.0yrs
    • Compensation: US$129.31k
  • Thomas Ash (69yo)

    Director

    • Tenure: 21.6yrs
    • Compensation: US$88.31k
  • Jim Frauenberg (44yo)

    Director

    • Tenure: 7.0yrs
    • Compensation: US$74.59k
  • Bob Milbourne (72yo)

    Director

    • Tenure: 6.3yrs
    • Compensation: US$112.53k
  • Tim O’Dell (66yo)

    President

    • Tenure: 7.0yrs
    • Compensation: US$740.96k
  • Ed Cochran (68yo)

    Director

    • Tenure: 6.7yrs
    • Compensation: US$74.59k
  • David Royer (51yo)

    Director

    • Tenure: 1.1yrs
    • Compensation: US$37.30k

Company Information

Central Federal Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Central Federal Corporation
  • Ticker: CFBK
  • Exchange: NasdaqCM
  • Founded: 1892
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$53.892m
  • Shares outstanding: 4.49m
  • Website: https://www.CFBankonline.com

Number of Employees


Location

  • Central Federal Corporation
  • 7000 North High Street
  • Worthington
  • Ohio
  • 43085
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CFBKNasdaqCM (Nasdaq Capital Market)YesCommon SharesUSUSDDec 1998

Biography

Central Federal Corporation operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, reta ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 23:39
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
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.