NasdaqCM:FNCB

Stock Analysis Report

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 with acceptable track record.

Risks

  • FNCB Bancorp is not covered by any analysts.

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

2.4%

FNCB

-1.1%

US Banks

-0.6%

US Market


1 Year Return

-25.3%

FNCB

-6.9%

US Banks

0.7%

US Market

FNCB underperformed the Banks industry which returned -6.9% over the past year.

FNCB underperformed the Market in United States of America which returned 0.6% over the past year.


Share holder returns

FNCBIndustryMarket
7 Day2.4%-1.1%-0.6%
30 Day13.1%8.0%2.9%
90 Day5.3%4.7%1.3%
1 Year-23.3%-25.3%-4.2%-6.9%2.9%0.7%
3 Year71.5%62.8%53.6%43.1%44.6%35.2%
5 Year44.3%35.4%63.8%46.1%61.9%44.2%

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

1 month ago | Simply Wall St

What Kind Of Shareholders Own FNCB Bancorp, Inc. (NASDAQ:FNCB)?

Valuation

Is FNCB Bancorp undervalued based on future cash flows and its price relative to the stock market?

10.46x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

FNCB Bancorp is good value based on earnings compared to the US Banks industry average.

FNCB Bancorp 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 FNCB Bancorp, we can't assess if its growth is good value.


Price Based on Value of Assets

FNCB Bancorp is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

4.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if FNCB Bancorp is high growth as no revenue estimate data is available.

FNCB Bancorp's earnings are expected to grow by 4.2% yearly, however this is not considered high growth (20% yearly).

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

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

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


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

FNCB Bancorp's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

FNCB Bancorp's 1-year earnings growth exceeds its 5-year average (2294.2% vs -18.8%)

FNCB Bancorp's earnings growth has exceeded the US Banks industry average in the past year (2294.2% vs 32%).


Return on Equity

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


Return on Assets

FNCB Bancorp used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if FNCB Bancorp 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 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

Information is not available.

Information is not available.


Financial Institutions Analysis

FNCB Bancorp has an acceptable proportion of non-loan assets held.

FNCB Bancorp has a sufficient allowance for bad loans.

FNCB Bancorp's liabilities are made up of primarily low risk sources of funding.

FNCB Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at FNCB Bancorp are broadly funded by customer deposits.

FNCB Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is FNCB Bancorp's current dividend yield, its reliability and sustainability?

2.46%

Current Dividend Yield


Dividend Yield and Payments Analysis

FNCB Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

FNCB Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (4.1x 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 FNCB Bancorp's salary, the management and board of directors tenure and is there insider trading?

6.4yrs

Average management tenure


CEO

Jerry Champi (58yo)

3.2yrs

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

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

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


Management Age and Tenure

6.4yrs

Average Tenure

59yo

Average Age

The average tenure for the FNCB Bancorp management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

5.2yrs

Average Tenure

64.5yo

Average Age

The tenure for the FNCB Bancorp board of directors is about average.


Insider Trading

More shares have been bought than sold by FNCB Bancorp individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

SellUS$21,54005 Sep 19
Lisa Kinney
EntityIndividual
Role
Other Key Executive
Senior VP & Retail Lending Officer of First National Community Bank
Shares3,000
Max PriceUS$7.18
BuyUS$33,54029 Aug 19
Louis DeNaples
EntityIndividual
Role
Vice Chairman
Vice Chairman of the Board
Shares4,572
Max PriceUS$7.34
SellUS$8,70006 Aug 19
William McGuigan
EntityIndividual
Shares1,200
Max PriceUS$7.25
BuyUS$10,83611 Jul 19
James Bone
EntityIndividual
Role
Chief Financial Officer
Executive VP
Shares1,548
Max PriceUS$7.00
SellUS$4,71823 May 19
Stephanie Westington
EntityIndividual
Role
Chief Accounting Officer
Senior VP
Shares608
Max PriceUS$7.76
SellUS$4,20623 May 19
Ronald Honick
EntityIndividual
Shares542
Max PriceUS$7.76
BuyUS$37,75027 Feb 19
Vithalbhai Dhaduk
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceUS$7.55
BuyUS$74,99812 Feb 19
Joseph Coccia
EntityIndividual
Role
Member of the Board of Directors
Secretary & Director
Shares10,714
Max PriceUS$7.00
BuyUS$99,99508 Feb 19
John Moses
EntityIndividual
Role
Member of the Board of Directors
Director
Shares14,285
Max PriceUS$7.00
BuyUS$24,99708 Feb 19
Thomas Melone
EntityIndividual
Role
Chairman of the Board
Director
Shares3,571
Max PriceUS$7.00
BuyUS$19,99908 Feb 19
Kathleen Lambert
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,857
Max PriceUS$7.00
BuyUS$999,99908 Feb 19
Louis DeNaples
EntityIndividual
Role
Vice Chairman
Vice Chairman of the Board
Shares142,857
Max PriceUS$7.00
BuyUS$149,99608 Feb 19
Joseph DeNaples
EntityIndividual
Shares21,428
Max PriceUS$7.00
BuyUS$100,02308 Feb 19
Dominick DeNaples
EntityIndividual
Shares14,289
Max PriceUS$7.00
BuyUS$7,49708 Feb 19
Raymond Collins
EntityIndividual
Shares1,071
Max PriceUS$7.00
BuyUS$17,99708 Feb 19
Gerard Champi
EntityIndividual
Role
Chief Executive Officer
President
Shares2,571
Max PriceUS$7.00
BuyUS$124,99208 Feb 19
William Bracey
EntityIndividual
Role
Member of the Board of Directors
Director
Shares17,856
Max PriceUS$7.00

Ownership Breakdown


Management Team

  • Joseph Coccia (65yo)

    Secretary & Director

    • Tenure: 21.7yrs
    • Compensation: US$30.00k
  • Jerry Champi (58yo)

    President

    • Tenure: 3.2yrs
    • Compensation: US$561.25k
  • Angelo Bistocchi (93yo)

    Vice President of First National Community Bank

    • Tenure: 41.7yrs
  • Stephanie Westington (54yo)

    Senior VP

    • Tenure: 0yrs
  • Jim Bone (57yo)

    Executive VP

    • Tenure: 7yrs
    • Compensation: US$353.67k
  • Lisa Kinney (49yo)

    Senior VP & Retail Lending Officer of First National Community Bank

    • Tenure: 13.8yrs
    • Compensation: US$176.97k
  • Thomas Melone (61yo)

    Director

    • Tenure: 0yrs
    • Compensation: US$30.00k
  • Mary Gardner (61yo)

    Senior VP & Compliance Officer of First National Community Bank

    • Tenure: 6.4yrs
  • Brian Mahlstedt (60yo)

    Executive VP & Chief Lending Officer of First National Community Bank

    • Tenure: 6yrs
    • 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)

    Director

    • Tenure: 20.7yrs
    • Compensation: US$42.68k
  • Joseph Coccia (65yo)

    Secretary & Director

    • Tenure: 21.7yrs
    • Compensation: US$30.00k
  • Keith Eckel (72yo)

    Director

    • Tenure: 5yrs
    • Compensation: US$30.00k
  • Jerry Champi (58yo)

    President

    • Tenure: 3.2yrs
    • Compensation: US$561.25k
  • Vithalbhai Dhaduk (65yo)

    Director

    • Tenure: 2yrs
    • Compensation: US$30.00k
  • Louis DeNaples (52yo)

    Vice Chairman of the Board

    • Tenure: 5.8yrs
    • Compensation: US$30.00k
  • Thomas Melone (61yo)

    Director

    • Tenure: 0yrs
    • Compensation: US$30.00k
  • Bill Bracey (64yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: US$30.00k
  • Katie Lambert (57yo)

    Director

    • Tenure: 2yrs
    • 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$164.172m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FNCBNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDSep 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 23:34
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
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.