IF Bancorp
Market Cap
US$73.4m
Last Updated
2019/08/21 00:34 UTC
Data Sources
Company Financials
Executive Summary
IF Bancorp, Inc. operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial solutions to individual and corporate clients.
Snowflake
Fundamentals
Flawless balance sheet with questionable track record.
Risks
- IF Bancorp is not covered by any analysts.
Similar Companies
Share Price & News
How has IF Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
3.5%
NasdaqCM:IROQ
0.9%
US Mortgage
0.2%
US Market
1 Year Return
-11.3%
NasdaqCM:IROQ
-2.0%
US Mortgage
-0.7%
US Market
IROQ underperformed the Mortgage industry which returned -0.3% over the past year.
IROQ underperformed the Market in United States of America which returned 0.3% over the past year.
Share holder returns
| IROQ | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.5% | 0.9% | 0.2% |
| 30 Day | 3.5% | -1.9% | -2.7% |
| 90 Day | 8.1% | -0.4% | 1.6% |
| 1 Year | -10.3%-11.3% | 0.05%-2.0% | 1.6%-0.7% |
| 3 Year | 19.6%16.1% | 32.3%23.5% | 40.0%30.9% |
| 5 Year | 35.5%29.9% | 56.8%40.3% | 53.8%36.8% |
Price Volatility Vs. Market
How volatile is IF 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
Here's How We Evaluate IF Bancorp, Inc.'s (NASDAQ:IROQ) Dividend1 month ago | Simply Wall St
How Much is IF Bancorp, Inc.'s (NASDAQ:IROQ) CEO Getting Paid?2 months ago | Simply Wall St
What Type Of Shareholder Owns IF Bancorp, Inc.'s (NASDAQ:IROQ)?Valuation
Is IF Bancorp undervalued based on future cash flows and its price relative to the stock market?
25.75x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
IF Bancorp's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
IF Bancorp's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
IF Bancorp is overvalued based on earnings compared to the US Mortgage industry average.
IF Bancorp is overvalued based on earnings compared to the United States of America market.
Price Based on Expected Growth
Unable to calculate PEG ratio for IF Bancorp, we can't assess if its growth is good value.
Price Based on Value of Assets
IF Bancorp is good value based on assets compared to the US Mortgage industry average.
Next Steps
Future Growth
How is IF Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
17.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Unable to determine if IF Bancorp is high growth as no revenue estimate data is available.
IF Bancorp's earnings are expected to grow by 17.5% yearly, however this is not considered high growth (20% yearly).
Unable to compare IF Bancorp's revenue growth to the United States of America market average as no estimate data is available.
IF Bancorp's earnings growth is expected to exceed the United States of America market average.
IF 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 IF Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has IF Bancorp performed over the past 5 years?
-7.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
IF Bancorp's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
IF Bancorp's 1-year earnings growth exceeds its 5-year average (64% vs -7.1%)
IF Bancorp's earnings growth has exceeded the US Mortgage industry average in the past year (64% vs 32.9%).
Return on Equity
IF Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
IF Bancorp used its assets less efficiently than the US Mortgage industry average last year based on Return on Assets.
Return on Capital Employed
Unable to establish if IF 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 IF 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
IF Bancorp has an acceptable proportion of non-loan assets held.
IF Bancorp has a sufficient allowance for bad loans.
IF Bancorp's liabilities are made up of primarily low risk sources of funding.
IF Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
Loans at IF Bancorp are broadly funded by customer deposits.
IF Bancorp has an acceptable level of bad loans (less than 2%).
Next Steps
Dividend
What is IF Bancorp's current dividend yield, its reliability and sustainability?
1.37%
Current Dividend Yield
Dividend Yield and Payments Analysis
IF Bancorp's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.48%).
IF Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.83%).
Whilst dividend payments have been stable, IF Bancorp has been paying a dividend for less than 10 years.
Dividend payments have increased, but IF Bancorp only paid a dividend in the past 6 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 IF Bancorp's salary, the management and board of directors tenure and is there insider trading?
6.2yrs
Average management tenure
CEO
Chip Hasselbring (63yo)
3.8yrs
Tenure
US$424,226
Compensation
Mr. Walter H. Hasselbring III, also known as Chip, has been Chief Executive Officer and President at IF Bancorp, Inc. and Iroquois Federal since October 1, 2015. Mr. Hasselbring served as the Chief Operati ...
CEO Compensation Analysis
Chip's remuneration is about average for companies of similar size in United States of America.
Chip's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
6.2yrs
Average Tenure
63yo
Average Age
The average tenure for the IF Bancorp management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
8.6yrs
Average Tenure
65yo
Average Age
The tenure for the IF Bancorp board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Company |
| Shares | 112,449 |
| Max Price | US$21.63 |
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President |
| Shares | 190 |
| Max Price | US$22.09 |
Ownership Breakdown
Management Team
Pamela Verkler (59yo)
Senior Executive VP
- Tenure: 8.6yrs
- Compensation: US$312.99k
Chip Hasselbring (63yo)
President
- Tenure: 3.8yrs
- Compensation: US$424.23k
Thomas Chamberlain (54yo)
Executive Vice President
- Tenure: 9.1yrs
- Compensation: US$271.69k
Terry Acree (65yo)
Executive Vice President
- Tenure: 0.0yrs
Beth Warren
Corporate Secretary
- Tenure: 0.0yrs
Linda Hamilton (63yo)
Executive VP & COO
- Tenure: 3.8yrs
Board Members
Joseph Cowan (59yo)
Director
- Tenure: 8.6yrs
- Compensation: US$40.53k
Alan Martin (68yo)
Director
- Tenure: 8.6yrs
- Compensation: US$40.53k
Gary Martin (70yo)
Chairman of the Board
- Tenure: 8.6yrs
- Compensation: US$84.22k
Wayne Lehmann (65yo)
Director
- Tenure: 8.6yrs
- Compensation: US$40.53k
Frank Simutis (72yo)
Director
- Tenure: 8.6yrs
- Compensation: US$67.60k
Dennis Wittenborn (65yo)
Director
- Tenure: 8.6yrs
- Compensation: US$49.13k
Rodney Yergler (61yo)
Director
- Tenure: 8.6yrs
- Compensation: US$40.53k
Chip Hasselbring (63yo)
President
- Tenure: 3.8yrs
- Compensation: US$424.23k
Company Information
IF Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: IF Bancorp, Inc.
- Ticker: IROQ
- Exchange: NasdaqCM
- Founded: 2011
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$73.429m
- Shares outstanding: 3.35m
- Website: https://www.iroquoisfed.com
Number of Employees
Location
- IF Bancorp, Inc.
- 201 East Cherry Street
- Watseka
- Illinois
- 60970
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IROQ | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Jul 2011 |
Biography
IF Bancorp, Inc. operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial solutions to individual and corporate clie ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/21 00:34 |
| End of Day Share Price | 2019/08/20 00:00 |
| Earnings | 2019/03/31 |
| Annual Earnings | 2018/06/30 |
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.