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HVBC

HV BancorpNasdaqCM:HVBC Stock Report

Market Cap

US$48.0m

7D

-0.5%

1Y

68.3%

Updated

21 Oct, 2021

Data

Company Financials
HVBC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

HVBC Overview

HV Bancorp, Inc. operates as the bank holding company for Huntingdon Valley Bank that provides various financial products and services to individuals and businesses.

HV Bancorp Competitors

CF Bankshares

NasdaqCM:CFBK

US$131.4m

Provident Financial Holdings

NasdaqGS:PROV

US$125.5m

Randolph Bancorp

NasdaqGM:RNDB

US$118.0m

HMN Financial

NasdaqGM:HMNF

US$104.0m

Price History & Performance

Summary of all time highs, changes and price drops for HV Bancorp
Historical stock prices
Current Share PriceUS$22.05
52 Week HighUS$13.00
52 Week LowUS$22.40
Beta0.62
1 Month Change1.38%
3 Month Change-0.34%
1 Year Change68.32%
3 Year Change46.03%
5 Year Changen/a
Change since IPO61.30%

Recent News & Updates

May 25
Should You Be Adding HV Bancorp (NASDAQ:HVBC) To Your Watchlist Today?

Should You Be Adding HV Bancorp (NASDAQ:HVBC) To Your Watchlist Today?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

May 07

HV Bancorp reports Q1 results

HV Bancorp (HVBC): Q1 GAAP EPS of $0.65.Revenue of $7.37M (+73.8% Y/Y)Press Release

Feb 26
Robert Marino Is The Independent Vice-Chairman of HV Bancorp, Inc. (NASDAQ:HVBC) And They Just Picked Up 16% More Shares

Robert Marino Is The Independent Vice-Chairman of HV Bancorp, Inc. (NASDAQ:HVBC) And They Just Picked Up 16% More Shares

Potential HV Bancorp, Inc. ( NASDAQ:HVBC ) shareholders may wish to note that the Independent Vice-Chairman, Robert...

Shareholder Returns

HVBCUS MortgageUS Market
7D-0.5%2.1%2.6%
1Y68.3%20.5%31.1%

Return vs Industry: HVBC exceeded the US Mortgage industry which returned 23.4% over the past year.

Return vs Market: HVBC exceeded the US Market which returned 31.5% over the past year.

Price Volatility

Is HVBC's price volatile compared to industry and market?
HVBC volatility
HVBC Beta0.62
Industry Beta1.1
Market Beta1

Stable Share Price: HVBC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: HVBC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1871146Travis Thompsonhttps://www.hvbancorp.com

HV Bancorp, Inc. operates as the bank holding company for Huntingdon Valley Bank that provides various financial products and services to individuals and businesses. Its deposit products include money market, savings, and checking accounts, as well as demand deposits and certificates of deposit; and loan portfolio comprises one-to-four family residential real estate, commercial real estate, home equity, commercial business, construction, and consumer loans, as well as home equity lines of credit. The company also invests in various investment securities.

HV Bancorp Fundamentals Summary

How do HV Bancorp's earnings and revenue compare to its market cap?
HVBC fundamental statistics
Market CapUS$47.98m
Earnings (TTM)US$6.71m
Revenue (TTM)US$30.60m

7.2x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HVBC income statement (TTM)
RevenueUS$30.60m
Cost of RevenueUS$0
Gross ProfitUS$30.60m
ExpensesUS$23.89m
EarningsUS$6.71m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.08
Gross Margin100.00%
Net Profit Margin21.92%
Debt/Equity Ratio130.8%

How did HVBC perform over the long term?

See historical performance and comparison

Valuation

Is HV Bancorp undervalued compared to its fair value and its price relative to the market?

7.15x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HVBC ($22.05) is trading above our estimate of fair value ($2.76)

Significantly Below Fair Value: HVBC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HVBC is good value based on its PE Ratio (7.2x) compared to the US Mortgage industry average (12.3x).

PE vs Market: HVBC is good value based on its PE Ratio (7.2x) compared to the US market (18.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HVBC's PB Ratio (1.2x) is in line with the US Mortgage industry average.


Future Growth

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

-7.1%

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 HV Bancorp 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.


Past Performance

How has HV Bancorp performed over the past 5 years?

51.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HVBC has a high level of non-cash earnings.

Growing Profit Margin: HVBC's current net profit margins (21.9%) are higher than last year (12.2%).


Past Earnings Growth Analysis

Earnings Trend: HVBC's earnings have grown significantly by 51.6% per year over the past 5 years.

Accelerating Growth: HVBC's earnings growth over the past year (207%) exceeds its 5-year average (51.6% per year).

Earnings vs Industry: HVBC earnings growth over the past year (207%) exceeded the Mortgage industry 34%.


Return on Equity

High ROE: HVBC's Return on Equity (16.2%) is considered low.


Financial Health

How is HV 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


Financial Institutions Analysis

Asset Level: HVBC's Assets to Equity ratio (13.2x) is moderate.

Allowance for Bad Loans: HVBC has a low allowance for bad loans (80%).

Low Risk Liabilities: 86% of HVBC's liabilities are made up of primarily low risk sources of funding.

Loan Level: HVBC has an appropriate level of Loans to Assets ratio (61%).

Low Risk Deposits: HVBC's Loans to Deposits ratio (77%) is appropriate.

Level of Bad Loans: HVBC has an appropriate level of bad loans (0.8%).


Dividend

What is HV Bancorp current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HVBC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HVBC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if HVBC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HVBC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HVBC's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.6yrs

Average management tenure


CEO

Travis Thompson (48 yo)

7.83yrs

Tenure

US$794,036

Compensation

Mr. Travis J. Thompson, Esq., serves as Chief Executive Officer and President of HV Bancorp, Inc since January 2013. Mr. Thompson has been the Chief Executive Officer and President of Huntingdon Valley Ban...


CEO Compensation Analysis

Compensation vs Market: Travis's total compensation ($USD794.04K) is above average for companies of similar size in the US market ($USD543.98K).

Compensation vs Earnings: Travis's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: HVBC's management team is seasoned and experienced (6.6 years average tenure).


Board Members

Experienced Board: HVBC's board of directors are considered experienced (5.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: HVBC 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

HV Bancorp, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: HV Bancorp, Inc.
  • Ticker: HVBC
  • Exchange: NasdaqCM
  • Founded: 1871
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$47.978m
  • Shares outstanding: 2.18m
  • Website: https://www.hvbancorp.com

Number of Employees


Location

  • HV Bancorp, Inc.
  • 2005 South Easton Road
  • Suite 304
  • Doylestown
  • Pennsylvania
  • 18901
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 22:14
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.