Fauquier Bankshares, Inc. operates as the bank holding company for The Fauquier Bank that provides retail banking services to individuals and businesses.
Flawless balance sheet and undervalued.
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.
7 Day Return
1 Year Return
Return vs Industry: FBSS underperformed the US Banks industry which returned -27.8% over the past year.
Return vs Market: FBSS underperformed the US Market which returned -10.7% over the past year.
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
1 day ago | Simply Wall StHow Does Fauquier Bankshares's (NASDAQ:FBSS) P/E Compare To Its Industry, After The Share Price Drop?
2 weeks ago | Simply Wall StDo You Know What Fauquier Bankshares, Inc.'s (NASDAQ:FBSS) P/E Ratio Means?
3 weeks ago | Simply Wall StFauquier Bankshares, Inc. (NASDAQ:FBSS) Looks Interesting, And It's About To Pay A Dividend
Is Fauquier Bankshares 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: FBSS ($13.5) is trading below our estimate of fair value ($18.14)
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 (7.5x) compared to the Banks industry average (8.9x).
PE vs Market: FBSS is good value based on its PE Ratio (7.5x) compared to the US market (13.1x).
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 is good value based on its PB Ratio (0.8x) compared to the US Banks industry average (0.8x).
How is Fauquier Bankshares 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 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.
How has Fauquier Bankshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FBSS has high quality earnings.
Growing Profit Margin: FBSS's current net profit margins (22.5%) are higher than last year (21.1%).
Past Earnings Growth Analysis
Earnings Trend: FBSS's earnings have grown significantly by 21.4% per year over the past 5 years.
Accelerating Growth: FBSS's earnings growth over the past year (11.2%) is below its 5-year average (21.4% per year).
Earnings vs Industry: FBSS earnings growth over the past year (11.2%) exceeded the Banks industry 10.9%.
Return on Equity
High ROE: FBSS's Return on Equity (10.2%) is considered low.
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
Inventory Level: FBSS has a low level of unsold assets or inventory.
Debt Coverage by Assets: FBSS's debt is covered by short term assets (assets are 2.4x debt).
Financial Institutions Analysis
Asset Level: FBSS's level of assets compared to its equity is moderate.
Allowance for Bad Loans: FBSS has a sufficient allowance for bad loans.
Low Risk Liabilities: FBSS's liabilities are made up of primarily low risk sources of funding.
Loan Level: FBSS has an acceptable proportion of non-loan assets held.
Low Risk Deposits: FBSS's loans are broadly funded by customer deposits.
Level of Bad Loans: FBSS has an appropriate level of bad loans (0.93%)
What is Fauquier Bankshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FBSS's dividend (3.7%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: FBSS's dividend (3.7%) is low compared to the top 25% of dividend payers in the US market (5.37%).
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 (26.9%), 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Marc Bogan (52yo)
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 ($USD708.85K) is about average for companies of similar size in the US market ($USD605.16K).
Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||3.58yrs||US$340.02k||0.20% $104.8k|
|Executive VP & COO||0.25yr||no data||0.22% $112.8k|
|Investor Relations||no data||no data||no data|
|Senior VP||no data||no data||no data|
|Director of Wealth Management Services||1.42yrs||no data||no data|
|Assistant Secretary||no data||no data||no data|
Experienced Management: FBSS's management team is considered experienced (2.5 years average tenure).
|Vice Chairman of the Board||10.25yrs||US$36.81k||1.05% $547.3k|
|Independent Director||30.25yrs||US$36.31k||1.07% $558.2k|
|Chairman of the Board||10.25yrs||US$47.28k||0.67% $350.5k|
|Independent Director||13.08yrs||US$33.21k||0.21% $109.8k|
|Independent Director||13.08yrs||US$37.31k||0.32% $167.2k|
|Independent Director||11.25yrs||US$34.71k||0.23% $117.9k|
|Independent Director||11.25yrs||US$37.61k||0.25% $128.4k|
|Independent Director||3.42yrs||US$31.51k||0.15% $78.6k|
|Independent Director||4.75yrs||US$33.91k||0.14% $73.8k|
Experienced Board: FBSS's board of directors are seasoned and experienced ( 10.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FBSS 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.
Fauquier Bankshares, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Fauquier Bankshares, Inc.
- Ticker: FBSS
- Exchange: NasdaqCM
- Founded: 1902
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$52.177m
- Shares outstanding: 3.79m
- Website: https://www.tfb.bank
Number of Employees
- Fauquier Bankshares, Inc.
- 10 Courthouse Square
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FBSS||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Mar 1994|
Fauquier Bankshares, Inc. operates as the bank holding company for The Fauquier Bank that provides retail banking services to individuals and businesses. The company accepts various deposits, including interest and noninterest-bearing checking, money market, and savings accounts; and time deposits. Its loan portfolio includes commercial and industrial loans, commercial real estate loans, construction and land loans, consumer and student loans, residential real estate loans, and home equity lines of credit. The company also offers safe deposit, ATM, stop payment, wire transfer, and Internet and mobile banking services, as well as debit and credit cards; and personalized services, such as investment management, financial planning, trust, estate settlement, retirement, insurance, and brokerage services. Fauquier Bankshares, Inc. provides its products and services through 11 banking offices in Fauquier and Prince William counties, Virginia. The company was founded in 1902 and is based in Warrenton, Virginia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 10:41|
|End of Day Share Price||2020/03/31 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.