NasdaqCM:FBSS

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Excellent balance sheet with acceptable track record.

Risks

  • Fauquier Bankshares is not covered by any analysts.

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


Market Performance


7 Day Return

-0.3%

NasdaqCM:FBSS

-1.1%

US Banks

-1.2%

US Market


1 Year Return

-2.6%

NasdaqCM:FBSS

-6.5%

US Banks

3.4%

US Market

FBSS outperformed the Banks industry which returned -5.7% over the past year.

FBSS underperformed the Market in United States of America which returned 3.9% over the past year.


Share holder returns

FBSSIndustryMarket
7 Day-0.3%-1.1%-1.2%
30 Day-0.9%2.8%1.2%
90 Day0%-0.5%1.7%
1 Year-0.4%-2.6%-3.9%-6.5%5.7%3.4%
3 Year52.4%41.4%55.7%45.1%45.0%35.5%
5 Year53.4%33.8%63.0%45.5%59.3%41.6%

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 based on future cash flows and its price relative to the stock market?

12.83x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Fauquier Bankshares is overvalued based on earnings compared to the US Banks industry average.

Fauquier Bankshares 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 Fauquier Bankshares, we can't assess if its growth is good value.


Price Based on Value of Assets

Fauquier Bankshares is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

5.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Fauquier Bankshares is high growth as no revenue estimate data is available.

Fauquier Bankshares's earnings are expected to grow by 5.1% yearly, however this is not considered high growth (20% yearly).

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

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

Fauquier Bankshares'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 Fauquier Bankshares will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Fauquier Bankshares performed over the past 5 years?

3.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Fauquier Bankshares's 1-year earnings growth exceeds its 5-year average (86.5% vs 3.2%)

Fauquier Bankshares's earnings growth has exceeded the US Banks industry average in the past year (86.5% vs 39.4%).


Return on Equity

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


Return on Assets

Fauquier Bankshares 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 Fauquier Bankshares 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 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

Fauquier Bankshares has an acceptable proportion of non-loan assets held.

Fauquier Bankshares has a low allowance for bad loans.

Fauquier Bankshares's liabilities are made up of primarily low risk sources of funding.

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

Loans at Fauquier Bankshares are broadly funded by customer deposits.

Fauquier Bankshares has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

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

2.28%

Current Dividend Yield


Dividend Yield and Payments Analysis

Fauquier Bankshares's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).

Fauquier Bankshares's dividend is below the markets top 25% of dividend payers in United States of America (3.74%).

Dividends per share have been stable in the past 10 years.

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.4x 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 Fauquier Bankshares's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average management tenure


CEO

Marc Bogan (52yo)

3.3yrs

Tenure

US$708,846

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

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

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


Management Age and Tenure

2.8yrs

Average Tenure

The tenure for the Fauquier Bankshares management team is about average.


Board Age and Tenure

10.0yrs

Average Tenure

58.5yo

Average Age

The average tenure for the Fauquier Bankshares 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 Fauquier Bankshares individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$34,57629 May 19
Kevin Carter
EntityIndividual
Role
Member of the Board of Directors
Shares1,600
Max PriceUS$21.61
BuyUS$1,02028 Feb 19
Donna Flory
EntityIndividual
Role
Member of the Board of Directors
Shares48
Max PriceUS$21.25
BuyUS$2126 Feb 19
Donna Flory
EntityIndividual
Role
Member of the Board of Directors
Shares1
Max PriceUS$21.25
BuyUS$40431 Jan 19
Donna Flory
EntityIndividual
Role
Member of the Board of Directors
Shares21
Max PriceUS$19.25
BuyUS$3930 Jan 19
Donna Flory
EntityIndividual
Role
Member of the Board of Directors
Shares2
Max PriceUS$19.25
BuyUS$90331 Oct 18
Donna Flory
EntityIndividual
Role
Member of the Board of Directors
Shares38
Max PriceUS$23.75
BuyUS$1,37002 Aug 18
Donna Flory
EntityIndividual
Role
Member of the Board of Directors
Shares62
Max PriceUS$22.10

Ownership Breakdown


Management Team

  • Marc Bogan (52yo)

    President

    • Tenure: 3.3yrs
    • Compensation: $708.85k
  • Edna Brannan

    Senior VP

  • Chris Headly (63yo)

    Executive VP & CFO

    • Tenure: 2.8yrs
    • Compensation: $340.02k
  • Allison Dodson

    Assistant Secretary

  • Tammy Frazier

    Investor Relations

  • Patrick Heijmen

    Director of Wealth Management Services

    • Tenure: 0.7yrs

Board Members

  • Tom Strange (58yo)

    Director

    • Tenure: 12.3yrs
    • Compensation: $33.21k
  • Kurt Rodgers (51yo)

    Director

    • Tenure: 12.3yrs
    • Compensation: $37.31k
  • Donna Flory (58yo)

    Director

    • Tenure: 4.0yrs
    • Compensation: $33.91k
  • Kevin Carter (53yo)

    Director

    • Tenure: 2.7yrs
    • Compensation: $31.51k
  • Marc Bogan (52yo)

    President

    • Tenure: 3.4yrs
    • Compensation: $708.85k
  • Jay Keyser (62yo)

    Director

    • Tenure: 10.5yrs
    • Compensation: $37.61k
  • Randy Frostick (62yo)

    Director

    • Tenure: 10.5yrs
    • Compensation: $34.71k
  • John Adams (74yo)

    Chairman of the Board

    • Tenure: 9.5yrs
    • Compensation: $47.28k
  • Randy Minter (59yo)

    Vice Chairman of the Board

    • Tenure: 9.5yrs
    • Compensation: $36.81k
  • Brian Montgomery (66yo)

    Director

    • Tenure: 29.5yrs
    • Compensation: $36.31k

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$79.484m
  • Shares outstanding: 3.78m
  • Website: Click here

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 accepts various deposits, including int ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/19 23:36
End of Day Share Price2019/07/19 00:00
Earnings2019/03/31
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.