Elmira Savings Bank provides financial services to consumers and businesses.
Elmira Savings Bank Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$13.69|
|52 Week High||US$10.40|
|52 Week Low||US$16.00|
|1 Month Change||-1.23%|
|3 Month Change||-4.93%|
|1 Year Change||27.35%|
|3 Year Change||-32.89%|
|5 Year Change||-28.13%|
|Change since IPO||347.64%|
Recent News & Updates
Elmira Savings Bank (NASDAQ:ESBK) Has Announced A Dividend Of US$0.15
Elmira Savings Bank ( NASDAQ:ESBK ) has announced that it will pay a dividend of US$0.15 per share on the 10th of...
|ESBK||US Mortgage||US Market|
Return vs Industry: ESBK exceeded the US Mortgage industry which returned 14% over the past year.
Return vs Market: ESBK underperformed the US Market which returned 33.8% over the past year.
Stable Share Price: ESBK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ESBK's weekly volatility (5%) has been stable over the past year.
About the Company
Elmira Savings Bank provides financial services to consumers and businesses. It offers savings and money market accounts, time deposits, retail and commercial checking accounts, and NOW accounts; certificates of deposit; residential and commercial real estate, construction, commercial loans, as well as consumer loans, comprising of installment loans, overdraft line of credit, and home equity loans; and mortgage loans secured by first and second liens on one-to-four family residences. The company also operates a real estate investment trust; and provides financial planning advisory services.
Is Elmira Savings Bank undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ESBK ($13.69) is trading below our estimate of fair value ($13.9)
Significantly Below Fair Value: ESBK is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ESBK is good value based on its PE Ratio (10x) compared to the US Mortgage industry average (12x).
PE vs Market: ESBK is good value based on its PE Ratio (10x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ESBK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ESBK is good value based on its PB Ratio (0.9x) compared to the US Mortgage industry average (1.1x).
How is Elmira Savings Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Elmira Savings Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Elmira Savings Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ESBK has high quality earnings.
Growing Profit Margin: ESBK's current net profit margins (20.4%) are higher than last year (17.8%).
Past Earnings Growth Analysis
Earnings Trend: ESBK's earnings have grown by 3.5% per year over the past 5 years.
Accelerating Growth: ESBK's earnings growth over the past year (28.4%) exceeds its 5-year average (3.5% per year).
Earnings vs Industry: ESBK earnings growth over the past year (28.4%) underperformed the Mortgage industry 36.9%.
Return on Equity
High ROE: ESBK's Return on Equity (7.8%) is considered low.
How is Elmira Savings Bank'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: ESBK's Assets to Equity ratio (10.4x) is moderate.
Allowance for Bad Loans: ESBK has a sufficient allowance for bad loans (113%).
Low Risk Liabilities: 94% of ESBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: ESBK has an appropriate level of Loans to Assets ratio (72%).
Low Risk Deposits: ESBK's Loans to Deposits ratio (84%) is appropriate.
Level of Bad Loans: ESBK has an appropriate level of bad loans (1.1%).
What is Elmira Savings Bank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ESBK's dividend (4.38%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: ESBK's dividend (4.38%) is in the top 25% of dividend payers in the US market (3.6%)
Stability and Growth of Payments
Stable Dividend: ESBK's dividends per share have been stable in the past 10 years.
Growing Dividend: ESBK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.6%), ESBK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Carr (51 yo)
Mr. Thomas M. Carr, also known as Tom has served as Chief Executive Officer of Elmira Savings Bank (the “Bank”) since July 16, 2014 and as President of the Bank since April 23, 2013. Mr. Carr had served as...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD534.92K) is about average for companies of similar size in the US market ($USD544.49K).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Experienced Management: ESBK's management team is considered experienced (4.9 years average tenure).
Experienced Board: ESBK's board of directors are considered experienced (9.7 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Elmira Savings Bank's employee growth, exchange listings and data sources
- Name: Elmira Savings Bank
- Ticker: ESBK
- Exchange: NasdaqCM
- Founded: 1869
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$48.567m
- Shares outstanding: 3.55m
- Website: https://www.elmirasavingsbank.com
Number of Employees
- Elmira Savings Bank
- 333 East Water Street
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/19 22:03|
|End of Day Share Price||2021/09/17 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.