NasdaqCM:FBSS

Stock Analysis Report

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Executive Summary

Fauquier Bankshares, Inc. operates as the bank holding company for The Fauquier Bank that provides retail banking services to individuals and businesses. More Details


Snowflake Analysis

Excellent balance sheet and good value.


Similar Companies

Share Price & News

How has Fauquier Bankshares's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FBSS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.2%

FBSS

-4.6%

US Banks

-5.3%

US Market


1 Year Return

-21.6%

FBSS

-30.5%

US Banks

10.4%

US Market

Return vs Industry: FBSS exceeded the US Banks industry which returned -30.9% over the past year.

Return vs Market: FBSS underperformed the US Market which returned 12% over the past year.


Shareholder returns

FBSSIndustryMarket
7 Day-1.2%-4.6%-5.3%
30 Day0.3%3.5%-2.1%
90 Day10.2%0.6%1.7%
1 Year-19.1%-21.6%-28.0%-30.5%12.9%10.4%
3 Year-18.4%-24.4%-20.0%-26.6%34.3%25.4%
5 Year18.6%3.6%10.3%-3.3%73.7%54.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Fauquier Bankshares undervalued compared to its fair value and its price relative to the market?

32.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FBSS ($15.54) is trading below our estimate of fair value ($23.1)

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


Price To Earnings Ratio

PE vs Industry: FBSS is good value based on its PE Ratio (9.7x) compared to the US Banks industry average (9.9x).

PE vs Market: FBSS is good value based on its PE Ratio (9.7x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FBSS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FBSS's PB Ratio (0.8x) is in line with the US Banks industry average.


Next Steps

Future Growth

How is Fauquier Bankshares forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.9%

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 Fauquier Bankshares 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.


Next Steps

Past Performance

How has Fauquier Bankshares performed over the past 5 years?

33.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FBSS has high quality earnings.

Growing Profit Margin: FBSS's current net profit margins (21.1%) are lower than last year (22.8%).


Past Earnings Growth Analysis

Earnings Trend: FBSS's earnings have grown significantly by 33.9% per year over the past 5 years.

Accelerating Growth: FBSS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FBSS had negative earnings growth (-10.7%) over the past year, making it difficult to compare to the Banks industry average (-3.6%).


Return on Equity

High ROE: FBSS's Return on Equity (8.6%) is considered low.


Next Steps

Financial Health

How is Fauquier Bankshares'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: FBSS's Assets to Equity ratio (11.6x) is moderate.

Allowance for Bad Loans: FBSS has a low allowance for bad loans (57%).

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

Loan Level: FBSS has an appropriate level of Loans to Assets ratio (75%).

Low Risk Deposits: FBSS's Loans to Deposits ratio (87%) is appropriate.

Level of Bad Loans: FBSS has an appropriate level of bad loans (1.8%).


Next Steps

Dividend

What is Fauquier Bankshares's current dividend yield, its reliability and sustainability?

3.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FBSS's dividend (3.22%) is higher than the bottom 25% of dividend payers in the US market (1.69%).

High Dividend: FBSS's dividend (3.22%) is low compared to the top 25% of dividend payers in the US market (4.78%).


Stability and Growth of Payments

Stable Dividend: FBSS's dividends per share have been stable in the past 10 years.

Growing Dividend: FBSS's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.1%), FBSS'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?

2.9yrs

Average management tenure


CEO

Marc Bogan (53 yo)

4.58yrs

Tenure

US$761,934

Compensation

Mr. Marc J. Bogan has been the Chief Executive Officer of Fauquier Bankshares Inc. since March 31, 2016 and has been its President and Executive Director since February 18, 2016. Mr. Bogan has been the Chi ...


CEO Compensation Analysis

Compensation vs Market: Marc's total compensation ($USD761.93K) is about average for companies of similar size in the US market ($USD593.13K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Marc Bogan
President4.58yrsUS$761.93k0.45%
$ 263.3k
Christine Headly
Executive VP & CFO4yrsUS$346.51k0.20%
$ 118.4k
Chip Register
Executive VP & COO0.75yrno data0.22%
$ 127.5k
Tammy Frazier
Investor Relationsno datano datano data
Edna Brannan
Senior VP & Chief Credit Officerno datano datano data
Allison Dodson
Secretaryno datano datano data
Patrick Heijmen
Director of Wealth Management Services1.83yrsno datano data

2.9yrs

Average Tenure

Experienced Management: FBSS's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Marc Bogan
President4.58yrsUS$761.93k0.45%
$ 263.3k
Randolph Minter
Independent Vice Chairman of the Board10.75yrsUS$36.40k1.05%
$ 618.5k
Brian Montgomery
Independent Director30.75yrsUS$36.90k1.07%
$ 630.9k
Henry Ross
Directors Emeritusno datano datano data
John Adams
Independent Chairman of the Board10.75yrsUS$46.60k0.67%
$ 396.1k
Sterling Strange
Independent Director13.58yrsUS$32.70k0.21%
$ 124.1k
P. Rodgers
Independent Director13.58yrsUS$36.30k0.32%
$ 188.9k
Randolph Frostick
Independent Director11.75yrsUS$35.10k0.23%
$ 133.3k
Jay Keyser
Independent Director11.75yrsUS$36.80k0.25%
$ 145.1k
Kevin Carter
Independent Director3.83yrsUS$31.50k0.15%
$ 88.8k
Donna Flory
Independent Director5.25yrsUS$33.30k0.14%
$ 83.4k

11.3yrs

Average Tenure

60yo

Average Age

Experienced Board: FBSS's board of directors are seasoned and experienced ( 11.3 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Fauquier Bankshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fauquier Bankshares, Inc.
  • Ticker: FBSS
  • Exchange: NasdaqCM
  • Founded: 1902
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$58.970m
  • Shares outstanding: 3.79m
  • Website: https://www.tfb.bank

Number of Employees


Location

  • Fauquier Bankshares, Inc.
  • 10 Courthouse Square
  • Warrenton
  • Virginia
  • 20186
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FBSSNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDMar 1994

Biography

Fauquier Bankshares, Inc. operates as the bank holding company for The Fauquier Bank that provides retail banking services to individuals and businesses. The company offers interest and noninterest-bearing ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 00:27
End of Day Share Price2020/10/30 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.