FNCB Bancorp
Market Cap
US$148.2m
Last Updated
2019/10/20 23:36 UTC
Data Sources
Company Financials
Executive Summary
FNCB Bancorp, Inc. operates as the holding company for FNCB Bank that provides retail and commercial banking services to individuals, businesses, local governments, and municipalities in Northeastern Pennsylvania.
Snowflake
Fundamentals
Flawless balance sheet and fair value.
Similar Companies
Share Price & News
How has FNCB Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-6.1%
FNCB
2.7%
US Banks
0.5%
US Market
1 Year Return
-22.6%
FNCB
2.9%
US Banks
6.8%
US Market
Return vs Industry: FNCB underperformed the US Banks industry which returned 2.9% over the past year.
Return vs Market: FNCB underperformed the US Market which returned 6.8% over the past year.
Shareholder returns
| FNCB | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.1% | 2.7% | 0.5% |
| 30 Day | -9.7% | 1.1% | -0.8% |
| 90 Day | -2.1% | 2.7% | -0.9% |
| 1 Year | -20.6%-22.6% | 5.8%2.9% | 9.2%6.8% |
| 3 Year | 46.1%38.7% | 52.0%41.5% | 45.6%36.2% |
| 5 Year | 30.5%22.5% | 69.2%50.7% | 63.2%45.4% |
Price Volatility Vs. Market
How volatile is FNCB Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Can You Imagine How FNCB Bancorp's (NASDAQ:FNCB) Shareholders Feel About The 44% Share Price Increase?1 month ago | Simply Wall St
Is FNCB Bancorp, Inc.'s (NASDAQ:FNCB) CEO Paid Enough Relative To Peers?1 month ago | Simply Wall St
Is It Smart To Buy FNCB Bancorp, Inc. (NASDAQ:FNCB) Before It Goes Ex-Dividend?Valuation
Is FNCB Bancorp undervalued compared to its fair value and its price relative to the market?
9.45x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FNCB ($7.35) is trading above our estimate of fair value ($5.2)
Significantly Below Fair Value: FNCB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FNCB is good value based on its PE Ratio (9.4x) compared to the Banks industry average (12.5x).
PE vs Market: FNCB is good value based on its PE Ratio (9.4x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FNCB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FNCB is good value based on its PB Ratio (1.1x) compared to the US Banks industry average (1.2x).
Next Steps
Future Growth
How is FNCB Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
4.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FNCB's forecast earnings growth (4.1% per year) is above the savings rate (2.7%).
Earnings vs Market: FNCB's earnings (4.1% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: FNCB's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if FNCB's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if FNCB's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FNCB's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has FNCB Bancorp performed over the past 5 years?
-18.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: FNCB's earnings have declined by -18.8% per year over the past 5 years.
Accelerating Growth: FNCB's earnings growth over the past year (2294.2%) exceeds its 5-year average (-18.8% per year).
Earnings vs Industry: FNCB earnings growth over the past year (2294.2%) exceeded the Banks industry 29.7%.
Return on Equity
High ROE: FNCB's Return on Equity (10.9%) is considered low.
Return on Assets
ROA vs Industry: FNCB has a higher Return on Assets than the Banks industry average last year.
Return on Capital Employed
ROCE Improving: Insufficient data to calculate FNCB's Return on Capital Employed to determine if it has improved over the past 3 years.
Next Steps
Financial Health
How is FNCB Bancorp'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
Inventory Level: FNCB has a low level of unsold assets or inventory.
Debt Coverage by Assets: FNCB's debt is not covered by short term assets (assets are 0.4x debt).
Financial Institutions Analysis
Asset Level: FNCB's level of assets compared to its equity is low.
Allowance for Bad Loans: FNCB has a sufficient allowance for bad loans.
Low Risk Liabilities: FNCB's liabilities are made up of primarily low risk sources of funding.
Loan Level: FNCB has an acceptable proportion of non-loan assets held.
Low Risk Deposits: FNCB's loans are broadly funded by customer deposits.
Level of Bad Loans: FNCB has an appropriate level of bad loans (0.65%)
Next Steps
Dividend
What is FNCB Bancorp's current dividend yield, its reliability and sustainability?
2.72%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: FNCB's dividend (2.72%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: FNCB's dividend (2.72%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stable Dividend: FNCB's dividend payments have been volatile in the past 10 years.
Growing Dividend: FNCB's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.4%), FNCB'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
What is the CEO of FNCB Bancorp's salary, the management and board of directors tenure and is there insider trading?
6.5yrs
Average management tenure
CEO
Jerry Champi (58yo)
3.3yrs
Tenure
US$561,246
Compensation
Mr. Gerard A. Champi, also known as Jerry, was elected to the Board of Directors of FNCB Bancorp, Inc. (“Company”) and FNCB Bank on July 01, 2016. Mr. Champi serves as President and Chief Executive Officer ...
CEO Compensation Analysis
Compensation vs. Market: Jerry's total compensation ($USD561.25K) is about average for companies of similar size in the US market ($USD503.30K).
Compensation vs Earnings: Jerry's compensation has been consistent with company performance over the past year.
Management Age and Tenure
6.5yrs
Average Tenure
58yo
Average Age
Experienced Management: FNCB's management team is seasoned and experienced (6.5 years average tenure).
Board Age and Tenure
5.4yrs
Average Tenure
64.5yo
Average Age
Experienced Board: FNCB's board of directors are considered experienced (5.4 years average tenure).
Insider Trading
Insider Buying: FNCB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Other Key Executive Senior VP & Retail Lending Officer of First National Community Bank |
| Shares | 3,000 |
| Max Price | US$7.18 |
| Entity | Individual |
| Role | Vice Chairman Vice Chairman of the Board |
| Shares | 4,572 |
| Max Price | US$7.34 |
| Entity | Individual |
| Shares | 1,200 |
| Max Price | US$7.25 |
| Entity | Individual |
| Role | Chief Financial Officer Executive VP |
| Shares | 1,548 |
| Max Price | US$7.00 |
| Entity | Individual |
| Role | Chief Accounting Officer Senior VP |
| Shares | 608 |
| Max Price | US$7.76 |
| Entity | Individual |
| Shares | 542 |
| Max Price | US$7.76 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 5,000 |
| Max Price | US$7.55 |
| Entity | Individual |
| Role | Member of the Board of Directors Secretary & Director |
| Shares | 10,714 |
| Max Price | US$7.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 14,285 |
| Max Price | US$7.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 3,571 |
| Max Price | US$7.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 2,857 |
| Max Price | US$7.00 |
| Entity | Individual |
| Role | Vice Chairman Vice Chairman of the Board |
| Shares | 142,857 |
| Max Price | US$7.00 |
| Entity | Individual |
| Shares | 21,428 |
| Max Price | US$7.00 |
| Entity | Individual |
| Shares | 14,289 |
| Max Price | US$7.00 |
| Entity | Individual |
| Shares | 1,071 |
| Max Price | US$7.00 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 2,571 |
| Max Price | US$7.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 17,856 |
| Max Price | US$7.00 |
Ownership Breakdown
Management Team
Joseph Coccia (65yo)
Secretary & Director
- Tenure: 21.8yrs
- Compensation: US$30.00k
Jerry Champi (58yo)
President
- Tenure: 3.3yrs
- Compensation: US$561.25k
Angelo Bistocchi (93yo)
Vice President of First National Community Bank
- Tenure: 41.8yrs
Stephanie Westington (54yo)
Senior VP
- Tenure: 0yrs
Jim Bone (57yo)
Executive VP
- Tenure: 7.1yrs
- Compensation: US$353.67k
Lisa Kinney (49yo)
Senior VP & Retail Lending Officer of First National Community Bank
- Tenure: 13.8yrs
- Compensation: US$176.97k
Mary Gardner (61yo)
Senior VP & Compliance Officer of First National Community Bank
- Tenure: 6.5yrs
Midge MacArthur
Vice President and Regional Manager
- Tenure: 0yrs
Brian Mahlstedt (60yo)
Executive VP & Chief Lending Officer of First National Community Bank
- Tenure: 6.1yrs
- Compensation: US$313.29k
Aaron Cunningham (42yo)
Senior VP & Chief Credit Officer
- Tenure: 0yrs
Board Members
Louis DeNaples (79yo)
Chairman of the Board
- Tenure: 0yrs
- Compensation: US$30.00k
John Moses (73yo)
Independent Director
- Tenure: 20.8yrs
- Compensation: US$42.68k
Joseph Coccia (65yo)
Secretary & Director
- Tenure: 21.8yrs
- Compensation: US$30.00k
Keith Eckel (72yo)
Independent Director
- Tenure: 5.1yrs
- Compensation: US$30.00k
Jerry Champi (58yo)
President
- Tenure: 3.3yrs
- Compensation: US$561.25k
Vithalbhai Dhaduk (65yo)
Director
- Tenure: 2.1yrs
- Compensation: US$30.00k
Louis DeNaples (52yo)
Vice Chairman of the Board
- Tenure: 5.8yrs
- Compensation: US$30.00k
Thomas Melone (61yo)
Independent Director
- Tenure: 8.4yrs
- Compensation: US$30.00k
Bill Bracey (64yo)
Independent Director
- Tenure: 5.4yrs
- Compensation: US$30.00k
Katie Lambert (57yo)
Director
- Tenure: 2.1yrs
- Compensation: US$30.00k
Company Information
FNCB Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: FNCB Bancorp, Inc.
- Ticker: FNCB
- Exchange: NasdaqCM
- Founded: 1910
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$148.239m
- Shares outstanding: 20.17m
- Website: https://www.fncb.com
Number of Employees
Location
- FNCB Bancorp, Inc.
- 102 East Drinker Street
- Dunmore
- Pennsylvania
- 18512
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FNCB | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Sep 1996 |
Biography
FNCB Bancorp, Inc. operates as the holding company for FNCB Bank that provides retail and commercial banking services to individuals, businesses, local governments, and municipalities in Northeastern Penns ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/20 23:36 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.