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ESXB

Community Bankers TrustNasdaqCM:ESXB Stock Report

Last Price

US$11.30

Market Cap

US$253.8m

7D

-1.4%

1Y

61.9%

Updated

04 Dec, 2021

Data

Company Financials +
ESXB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

ESXB Stock Overview

Community Bankers Trust Corporation operates as the holding company for Essex Bank that provides financial services primarily to individuals, small businesses, and commercial companies.

Community Bankers Trust Competitors

ServisFirst Bancshares

NYSE:SFBS

US$4.8b

United Community Banks

NasdaqGS:UCBI

US$4.1b

Ameris Bancorp

NasdaqGS:ABCB

US$3.8b

Simmons First National

NasdaqGS:SFNC

US$3.7b

Price History & Performance

Summary of all time highs, changes and price drops for Community Bankers Trust
Historical stock prices
Current Share PriceUS$11.30
52 Week HighUS$12.50
52 Week LowUS$6.67
Beta1.22
1 Month Change-6.69%
3 Month Change2.08%
1 Year Change61.89%
3 Year Change36.64%
5 Year Change69.93%
Change since IPO59.16%

Recent News & Updates

Shareholder Returns

ESXBUS BanksUS Market
7D-1.4%-0.5%-0.5%
1Y61.9%32.9%13.7%

Return vs Industry: ESXB exceeded the US Banks industry which returned 40.8% over the past year.

Return vs Market: ESXB exceeded the US Market which returned 19.4% over the past year.

Price Volatility

Is ESXB's price volatile compared to industry and market?
ESXB volatility
ESXB Average Weekly Movement4.4%
Banks Industry Average Movement3.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: ESXB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ESXB's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1926246Rex Smithhttps://www.cbtrustcorp.com/

Community Bankers Trust Corporation operates as the holding company for Essex Bank that provides financial services primarily to individuals, small businesses, and commercial companies. It offers individual and commercial demand and time deposit accounts; and commercial and industrial, consumer and small business, and real estate and mortgage loans. The company also provides investment services; online and mobile banking products; cash management services; and investment and insurance products.

Community Bankers Trust Fundamentals Summary

How do Community Bankers Trust's earnings and revenue compare to its market cap?
ESXB fundamental statistics
Market CapUS$253.85m
Earnings (TTM)US$24.07m
Revenue (TTM)US$65.95m

10.5x

P/E Ratio

1.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ESXB income statement (TTM)
RevenueUS$65.95m
Cost of RevenueUS$0
Gross ProfitUS$65.95m
ExpensesUS$41.88m
EarningsUS$24.07m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.07
Gross Margin100.00%
Net Profit Margin36.50%
Debt/Equity Ratio40.4%

How did ESXB perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

23%

Payout Ratio

Valuation

Is Community Bankers Trust undervalued compared to its fair value and its price relative to the market?

27.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ESXB ($11.3) is trading below our estimate of fair value ($15.63)

Significantly Below Fair Value: ESXB is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ESXB is good value based on its PE Ratio (10.5x) compared to the US Banks industry average (10.8x).

PE vs Market: ESXB is good value based on its PE Ratio (10.5x) compared to the US market (16.9x).


Price to Earnings Growth Ratio

PEG Ratio: ESXB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: ESXB is overvalued based on its PB Ratio (1.4x) compared to the US Banks industry average (1.1x).


Future Growth

How is Community Bankers Trust forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-23.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ESXB's earnings are forecast to decline over the next 3 years (-23.2% per year).

Earnings vs Market: ESXB's earnings are forecast to decline over the next 3 years (-23.2% per year).

High Growth Earnings: ESXB's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ESXB's revenue is expected to decline over the next 3 years (-4.8% per year).

High Growth Revenue: ESXB's revenue is forecast to decline over the next 3 years (-4.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

How has Community Bankers Trust performed over the past 5 years?

19.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ESXB has high quality earnings.

Growing Profit Margin: ESXB's current net profit margins (36.5%) are higher than last year (27.7%).


Past Earnings Growth Analysis

Earnings Trend: ESXB's earnings have grown by 19.1% per year over the past 5 years.

Accelerating Growth: ESXB's earnings growth over the past year (70.3%) exceeds its 5-year average (19.1% per year).

Earnings vs Industry: ESXB earnings growth over the past year (70.3%) exceeded the Banks industry 43.1%.


Return on Equity

High ROE: ESXB's Return on Equity (13.1%) is considered low.


Financial Health

How is Community Bankers Trust'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


Financial Institutions Analysis

Asset Level: ESXB's Assets to Equity ratio (9.6x) is low.

Allowance for Bad Loans: ESXB has a sufficient allowance for bad loans (268%).

Low Risk Liabilities: 94% of ESXB's liabilities are made up of primarily low risk sources of funding.

Loan Level: ESXB has an appropriate level of Loans to Assets ratio (70%).

Low Risk Deposits: ESXB's Loans to Deposits ratio (83%) is appropriate.

Level of Bad Loans: ESXB has an appropriate level of bad loans (0.3%).


Dividend

What is Community Bankers Trust current dividend yield, its reliability and sustainability?

2.48%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ESXB's dividend (2.48%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: ESXB's dividend (2.48%) is low compared to the top 25% of dividend payers in the US market (3.61%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, ESXB has been paying a dividend for less than 10 years.

Growing Dividend: ESXB's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.2%), ESXB'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.


Next Steps

Management

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

12.3yrs

Average management tenure


CEO

Rex Smith (63 yo)

11.25yrs

Tenure

US$880,662

Compensation

Mr. Rex L. Smith, III has been the Chief Executive Officer and President at Essex Bank since September 2010. Mr. Smith has been the Chief Executive Officer and President of Community Bankers Trust Corporat...


CEO Compensation Analysis

Compensation vs Market: Rex's total compensation ($USD880.66K) is about average for companies of similar size in the US market ($USD1.15M).

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


Leadership Team

Experienced Management: ESXB's management team is seasoned and experienced (12.3 years average tenure).


Board Members

Experienced Board: ESXB's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ESXB 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

Community Bankers Trust Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Community Bankers Trust Corporation
  • Ticker: ESXB
  • Exchange: NasdaqCM
  • Founded: 1926
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$253.850m
  • Shares outstanding: 22.46m
  • Website: https://www.cbtrustcorp.com/

Number of Employees


Location

  • Community Bankers Trust Corporation
  • 9954 Mayland Drive
  • Suite 2100
  • Richmond
  • Virginia
  • 23233
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/04 00:07
End of Day Share Price2021/12/03 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.