NasdaqCM:DNBF

Stock Analysis Report

Executive Summary

DNB Financial Corporation operates as the bank holding company for DNB First, National Association that provides a range of commercial banking products and services to individuals and small to medium sized businesses.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has DNB Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.4%

DNBF

1.7%

US Banks

1.3%

US Market


1 Year Return

19.8%

DNBF

0.3%

US Banks

5.9%

US Market

Return vs Industry: DNBF exceeded the US Banks industry which returned 0.3% over the past year.

Return vs Market: DNBF exceeded the US Market which returned 5.9% over the past year.


Shareholder returns

DNBFIndustryMarket
7 Day0.4%1.7%1.3%
30 Day-4.8%-2.4%-1.9%
90 Day-0.9%1.0%-1.8%
1 Year20.7%19.8%3.2%0.3%8.3%5.9%
3 Year76.7%72.5%52.1%41.7%45.6%36.2%
5 Year117.4%107.6%69.8%51.4%66.1%47.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is DNB Financial undervalued compared to its fair value and its price relative to the market?

16.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: DNBF ($43.73) is trading above our estimate of fair value ($24.66)

Significantly Undervalued: DNBF is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DNBF is poor value based on its PE Ratio (16.9x) compared to the Banks industry average (12.5x).

PE vs Market: DNBF is good value based on its PE Ratio (16.9x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: DNBF is poor value based on its PEG Ratio (2.5x)


Price to Book Ratio

PB vs Industry: DNBF is overvalued based on its PB Ratio (1.6x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

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

6.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DNBF's forecast earnings growth (6.8% per year) is above the savings rate (2.7%).

Earnings vs Market: DNBF's earnings (6.8% per year) are forecast to grow slower than the US market (14.4% per year).

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

Revenue vs Market: DNBF's revenue is expected to decline over the next 3 years (-1.6% per year).

High Growth Revenue: DNBF's revenue is forecast to decline over the next 3 years (-1.6%).


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if DNBF's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has DNB Financial performed over the past 5 years?

20.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: DNBF's earnings have grown significantly by 20.9% per year over the past 5 years.

Accelerating Growth: DNBF's earnings growth over the past year (42.1%) exceeds its 5-year average (20.9% per year).

Earnings vs Industry: DNBF earnings growth over the past year (42.1%) exceeded the Banks industry 31.8%.


Return on Equity

High ROE: DNBF's Return on Equity (9.5%) is considered low.


Return on Assets

ROA vs Industry: DNBF's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate DNBF's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is DNB Financial'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

Inventory Level: DNBF has a low level of unsold assets or inventory.

Debt Coverage by Assets: DNBF's debt is covered by short term assets (assets are 1.071100x debt).


Financial Institutions Analysis

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

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

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

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

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

Level of Bad Loans: DNBF has an appropriate level of bad loans (0.66%)


Next Steps

Dividend

What is DNB Financial's current dividend yield, its reliability and sustainability?

0.64%

Current Dividend Yield


Dividend Yield vs Market

company0.6%marketbottom25%1.5%markettop25%3.8%industryaverage3.1%forecastin3Years0.6%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: DNBF's dividend (0.64%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: DNBF's dividend (0.64%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: DNBF is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: DNBF is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: DNBF is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DNBF's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

2.5yrs

Average management tenure


CEO

Bill Hieb (62yo)

3.8yrs

Tenure

US$603,805

Compensation

Mr. William J. Hieb, also known as Bill, serves as President & Chief Executive Officer of DNB Financial Corporation’s (“Corporation”) and DNB First, National Association’s (“Bank”) since April 4, 2016. He  ...


CEO Compensation Analysis

Compensation vs. Market: Bill's total compensation ($USD603.81K) is below average for companies of similar size in the US market ($USD1.18M).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.


Management Age and Tenure

2.5yrs

Average Tenure

62yo

Average Age

Experienced Management: DNBF's management team is considered experienced (2.5 years average tenure).


Board Age and Tenure

4.8yrs

Average Tenure

68yo

Average Age

Experienced Board: DNBF's board of directors are considered experienced (4.8 years average tenure).


Insider Trading

Insider Buying: DNBF insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$8,91902 Oct 19
Charles Murray
EntityIndividual
Role
Member of the Board of Directors
Director
Shares208
Max PriceUS$42.88
BuyUS$7,59002 Oct 19
Mildred Joyner
EntityIndividual
Role
Member of the Board of Directors
Director
Shares177
Max PriceUS$42.88
BuyUS$6,21802 Oct 19
Gerard Griesser
EntityIndividual
Role
Member of the Board of Directors
Director
Shares145
Max PriceUS$42.88
BuyUS$6,17502 Oct 19
Thomas Fillippo
EntityIndividual
Role
Member of the Board of Directors
Director
Shares144
Max PriceUS$42.88
BuyUS$4,63102 Oct 19
James B. Biery
EntityIndividual
Role
Member of the Board of Directors
Director
Shares108
Max PriceUS$42.88
BuyUS$7,84702 Oct 19
Peter Barsz
EntityIndividual
Shares183
Max PriceUS$42.88
SellUS$6,472,88311 Jul 19
CT Opportunity Partners I LP
EntityCompany
Shares146,824
Max PriceUS$44.09
SellUS$1,036,73811 Jul 19
Driver Management Company LLC
EntityCompany
Shares23,000
Max PriceUS$45.20
BuyUS$9,54001 Jul 19
Charles Murray
EntityIndividual
Role
Member of the Board of Directors
Director
Shares212
Max PriceUS$45.00
BuyUS$8,14501 Jul 19
Mildred Joyner
EntityIndividual
Role
Member of the Board of Directors
Director
Shares181
Max PriceUS$45.00
BuyUS$7,51501 Jul 19
Gerard Griesser
EntityIndividual
Role
Member of the Board of Directors
Director
Shares167
Max PriceUS$45.00
BuyUS$6,16501 Jul 19
Thomas Fillippo
EntityIndividual
Role
Member of the Board of Directors
Director
Shares137
Max PriceUS$45.00
BuyUS$4,77001 Jul 19
James B. Biery
EntityIndividual
Role
Member of the Board of Directors
Director
Shares106
Max PriceUS$45.00
BuyUS$7,51501 Jul 19
Peter Barsz
EntityIndividual
Shares167
Max PriceUS$45.00
BuyUS$2,80001 Apr 19
James Malloy
EntityIndividual
Role
Other Key Executive
Executive VP & Chief Commercial Lending Officer
Shares73
Max PriceUS$38.36
BuyUS$9,55201 Apr 19
Charles Murray
EntityIndividual
Role
Member of the Board of Directors
Director
Shares249
Max PriceUS$38.36
BuyUS$9,28301 Apr 19
Mildred Joyner
EntityIndividual
Role
Member of the Board of Directors
Director
Shares242
Max PriceUS$38.36
BuyUS$7,51901 Apr 19
Gerard Griesser
EntityIndividual
Role
Member of the Board of Directors
Director
Shares196
Max PriceUS$38.36
BuyUS$7,67201 Apr 19
Thomas Fillippo
EntityIndividual
Role
Member of the Board of Directors
Director
Shares200
Max PriceUS$38.36
BuyUS$5,79201 Apr 19
James B. Biery
EntityIndividual
Role
Member of the Board of Directors
Director
Shares151
Max PriceUS$38.36
BuyUS$7,51901 Apr 19
Peter Barsz
EntityIndividual
Shares196
Max PriceUS$38.36
BuyUS$7,972,97217 Jan 19
CT Opportunity Partners I LP
EntityCompany
Shares256,944
Max PriceUS$31.03
BuyUS$88,63017 Jan 19
Driver Management Company LLC
EntityCompany
Shares2,578
Max PriceUS$34.46
BuyUS$8,21404 Jan 19
Charles Murray
EntityIndividual
Role
Member of the Board of Directors
Director
Shares302
Max PriceUS$27.20
BuyUS$4,43404 Jan 19
James B. Biery
EntityIndividual
Role
Member of the Board of Directors
Director
Shares163
Max PriceUS$27.20
BuyUS$3,31804 Jan 19
James Thornton
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares122
Max PriceUS$27.20
BuyUS$6,82704 Jan 19
Gerard Griesser
EntityIndividual
Role
Member of the Board of Directors
Director
Shares251
Max PriceUS$27.20
BuyUS$8,10604 Jan 19
Mildred Joyner
EntityIndividual
Role
Member of the Board of Directors
Director
Shares298
Max PriceUS$27.20
BuyUS$6,63704 Jan 19
Thomas Fillippo
EntityIndividual
Role
Member of the Board of Directors
Director
Shares244
Max PriceUS$27.20
BuyUS$6,82704 Jan 19
Peter Barsz
EntityIndividual
Shares251
Max PriceUS$27.20
SellUS$16,60713 Dec 18
Gerald Sopp
EntityIndividual
Role
Chief Financial Officer
Executive VP
Shares500
Max PriceUS$33.21
SellUS$34,50021 Nov 18
William Hieb
EntityIndividual
Role
Chief Executive Officer
President
Shares1,000
Max PriceUS$34.50

Ownership Breakdown


Management Team

  • Bruce Moroney (62yo)

    Executive VP

    • Tenure: 0yrs
    • Compensation: US$225.60k
  • Eileen Knott (68yo)

    Senior Vice President

    • Tenure: 0yrs
  • Charles Bradford (77yo)

    Senior VP & Director

    • Tenure: 0yrs
    • Compensation: US$145.90k
  • Kristen LaDow (59yo)

    Senior Vice President

    • Tenure: 0yrs
    • Compensation: US$136.83k
  • Gerald Sopp (62yo)

    Executive VP

    • Tenure: 12.8yrs
    • Compensation: US$478.84k
  • Bill Hieb (62yo)

    President

    • Tenure: 3.8yrs
    • Compensation: US$603.81k
  • Jonathan McGrain (55yo)

    Senior Vice President of Marketing

    • Tenure: 0yrs
  • Frank Monterosso

    Senior VP & Director of Operations

    • Tenure: 0yrs
  • Jim Malloy (57yo)

    Executive VP & Chief Commercial Lending Officer

    • Tenure: 0.9yrs
  • James Gagliano

    Senior VP and Director of Retail Banking & Consumer Lending of DNB First NA

    • Tenure: 1.3yrs

Board Members

  • Jef McGill (58yo)

    Vice Chairman of the Board

    • Tenure: 3yrs
    • Compensation: US$38.55k
  • Gerry Griesser (69yo)

    Director

    • Tenure: 10yrs
    • Compensation: US$42.41k
  • Charles Murray (61yo)

    Director

    • Tenure: 3yrs
    • Compensation: US$45.04k
  • James Thornton (74yo)

    Chairman of the Board

    • Tenure: 3.8yrs
    • Compensation: US$119.96k
  • Thomas Fillippo (71yo)

    Director

    • Tenure: 13.8yrs
    • Compensation: US$48.79k
  • Daniel O'Donnell (67yo)

    Director

    • Tenure: 3yrs
    • Compensation: US$33.85k
  • Jim Biery (70yo)

    Director

    • Tenure: 5.8yrs
    • Compensation: US$49.60k
  • Bill Hieb (62yo)

    President

    • Tenure: 3.8yrs
    • Compensation: US$603.81k
  • Mildred Joyner (69yo)

    Director

    • Tenure: 14.8yrs
    • Compensation: US$53.44k
  • Mary Latoff (63yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$35.95k

Company Information

DNB Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: DNB Financial Corporation
  • Ticker: DNBF
  • Exchange: NasdaqCM
  • Founded: 1860
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$189.560m
  • Shares outstanding: 4.33m
  • Website: https://www.dnbfirst.com

Number of Employees


Location

  • DNB Financial Corporation
  • 4 Brandywine Avenue
  • Downingtown
  • Pennsylvania
  • 19335
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DNBFNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDApr 1994

Biography

DNB Financial Corporation operates as the bank holding company for DNB First, National Association that provides a range of commercial banking products and services to individuals and small to medium sized ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:34
End of Day Share Price2019/10/14 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.