NasdaqCM:EMCF

Stock Analysis Report

Executive Summary

Emclaire Financial Corp operates as the bank holding company for The Farmers National Bank of Emlenton that provides retail and commercial financial products and services to individuals and businesses in western Pennsylvania.

Snowflake

Fundamentals

Flawless balance sheet and slightly overvalued.

Risks

  • Emclaire Financial is not covered by any analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-4.9%

NasdaqCM:EMCF

-1.8%

US Banks

-1.6%

US Market


1 Year Return

-16.4%

NasdaqCM:EMCF

-16.1%

US Banks

-3.0%

US Market

EMCF matched the Banks industry (-16.1%) over the past year.

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


Share holder returns

EMCFIndustryMarket
7 Day-4.9%-1.8%-1.6%
30 Day-6.5%-10.1%-5.7%
90 Day1.8%-5.0%0.2%
1 Year-13.5%-16.4%-13.7%-16.1%-0.8%-3.0%
3 Year52.3%36.5%37.9%28.5%38.1%29.1%
5 Year51.3%26.4%49.3%33.2%50.8%34.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

15.07x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Emclaire Financial is overvalued based on earnings compared to the US Banks industry average.

Emclaire Financial 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 Emclaire Financial, we can't assess if its growth is good value.


Price Based on Value of Assets

Emclaire Financial is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

9.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Emclaire Financial is high growth as no revenue estimate data is available.

Emclaire Financial's earnings are expected to grow by 9.8% yearly, however this is not considered high growth (20% yearly).

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

Emclaire Financial's earnings growth is positive but not above the United States of America market average.

Emclaire Financial's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Emclaire Financial performed over the past 5 years?

6.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Emclaire Financial's year on year earnings growth rate has been positive over the past 5 years.

Emclaire Financial's 1-year earnings growth exceeds its 5-year average (8.3% vs 6%)

Emclaire Financial's earnings growth has not exceeded the US Banks industry average in the past year (8.3% vs 33.1%).


Return on Equity

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


Return on Assets

Emclaire Financial used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Emclaire Financial 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 Emclaire 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

Information is not available.

Information is not available.


Financial Institutions Analysis

Emclaire Financial has an acceptable proportion of non-loan assets held.

Emclaire Financial has a sufficient allowance for bad loans.

Emclaire Financial's liabilities are made up of primarily low risk sources of funding.

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

Loans at Emclaire Financial are broadly funded by customer deposits.

Emclaire Financial has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

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

3.64%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Emclaire Financial before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Emclaire Financial's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Emclaire Financial's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.9x coverage).


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

6.4yrs

Average management tenure


CEO

Bill Marsh (52yo)

10.6yrs

Tenure

US$665,758

Compensation

Mr. William C. Marsh, also known as Bill, has been the Chairman of the Board, Chief Executive Officer and President of Emclaire Financial Corp. since January 1, 2009. Mr. Marsh has been the Chairman of the ...


CEO Compensation Analysis

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

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


Management Age and Tenure

6.4yrs

Average Tenure

52yo

Average Age

The average tenure for the Emclaire Financial management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

10.6yrs

Average Tenure

60yo

Average Age

The average tenure for the Emclaire Financial board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

More shares have been bought than sold by Emclaire Financial individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$322,49820 Aug 19
Robert Freeman
EntityIndividual
Role
Member of the Board of Directors
Director
Shares9,923
Max PriceUS$32.50
BuyUS$3,13515 Jul 19
Milissa Bauer
EntityIndividual
Role
Member of the Board of Directors
Director
Shares100
Max PriceUS$31.35
BuyUS$9,96705 Jun 19
Deanna McCarrier
EntityIndividual
Role
Member of the Board of Directors
Director
Shares310
Max PriceUS$32.15
BuyUS$19,90831 May 19
Deanna McCarrier
EntityIndividual
Role
Member of the Board of Directors
Director
Shares630
Max PriceUS$31.60
BuyUS$3,15029 May 19
James Crooks
EntityIndividual
Role
Member of the Board of Directors
Director
Shares100
Max PriceUS$31.50
BuyUS$9,95429 May 19
Deanna McCarrier
EntityIndividual
Role
Member of the Board of Directors
Director
Shares316
Max PriceUS$31.50
BuyUS$2,96624 May 19
James Crooks
EntityIndividual
Role
Member of the Board of Directors
Director
Shares94
Max PriceUS$31.55
BuyUS$9,95424 May 19
Deanna McCarrier
EntityIndividual
Role
Member of the Board of Directors
Director
Shares314
Max PriceUS$31.70
BuyUS$19,90223 May 19
Deanna McCarrier
EntityIndividual
Role
Member of the Board of Directors
Director
Shares633
Max PriceUS$31.78
BuyUS$19,91925 Mar 19
Deanna McCarrier
EntityIndividual
Role
Member of the Board of Directors
Director
Shares637
Max PriceUS$31.34
BuyUS$9,95521 Mar 19
Deanna McCarrier
EntityIndividual
Role
Member of the Board of Directors
Director
Shares320
Max PriceUS$31.11
BuyUS$62,28618 Dec 18
Henry Deible
EntityIndividual
Shares2,004
Max PriceUS$32.10
BuyUS$155,43818 Dec 18
Milissa Bauer
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,130
Max PriceUS$30.79
BuyUS$19,20018 Dec 18
Milissa Bauer
EntityIndividual
Role
Member of the Board of Directors
Director
Shares600
Max PriceUS$32.00

Ownership Breakdown


Management Team

  • Bill Marsh (52yo)

    Chairman

    • Tenure: 10.6yrs
    • Compensation: US$665.76k
  • David Cox (68yo)

    Vice Chairman of the Board

    • Tenure: 10.6yrs
    • Compensation: US$80.50k
  • Andrew Hogue

    Assistant Vice President of Compliance & Security of The Farmers National Bank of Emlenton

    • Tenure: 0.0yrs
  • Robert Foust

    Senior Vice President of Corporate Banking - The Farmers National Bank of Emlenton

    • Tenure: 0.0yrs
  • Kathy Buzzard

    Senior Vice President of Operations - The Farmers National Bank of Emlenton

    • Tenure: 12.6yrs
  • Jennifer Poulsen (49yo)

    Secretary & COO

    • Tenure: 0.0yrs
    • Compensation: US$283.68k
  • Amanda Engles (41yo)

    CFO & Treasurer

    • Tenure: 2.2yrs
  • Bob Vernick (52yo)

    Chief Lending & Business Development Officer and Senior VP

    • Tenure: 0.0yrs
    • Compensation: US$238.70k
  • Eric Gantz

    SVP & Chief Credit Officer

    • Tenure: 0.3yrs

Board Members

  • Bill Marsh (52yo)

    Chairman

    • Tenure: 10.6yrs
    • Compensation: US$665.76k
  • David Cox (68yo)

    Vice Chairman of the Board

    • Tenure: 10.6yrs
    • Compensation: US$80.50k
  • John Mason (70yo)

    Director

    • Tenure: 30.6yrs
    • Compensation: US$54.50k
  • Robert Hunter (77yo)

    Director

    • Tenure: 30.6yrs
    • Compensation: US$51.50k
  • Mark Freemer (59yo)

    Director

    • Tenure: 14.8yrs
    • Compensation: US$53.10k
  • James Crooks (66yo)

    Director

    • Tenure: 14.8yrs
    • Compensation: US$53.10k
  • Nicholas Varischetti (35yo)

    Director

    • Tenure: 4.6yrs
    • Compensation: US$47.95k
  • Milissa Bauer (56yo)

    Director

    • Tenure: 4.6yrs
    • Compensation: US$50.35k
  • Robert Freeman (61yo)

    Director

    • Tenure: 4.6yrs
    • Compensation: US$50.50k
  • Deanna McCarrier (55yo)

    Director

    • Tenure: 2.8yrs
    • Compensation: US$51.70k

Company Information

Emclaire Financial Corp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Emclaire Financial Corp
  • Ticker: EMCF
  • Exchange: NasdaqCM
  • Founded: 1900
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$85.954m
  • Shares outstanding: 2.70m
  • Website: https://www.emclairefinancial.com

Number of Employees


Location

  • Emclaire Financial Corp
  • 612 Main Street
  • Emlenton
  • Pennsylvania
  • 16373
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EMCFNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDDec 1996

Biography

Emclaire Financial Corp operates as the bank holding company for The Farmers National Bank of Emlenton that provides retail and commercial financial products and services to individuals and businesses in w ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 23:36
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.