IF Bancorp (Nasdaq:IROQ) - Stock Price, News & Analysis

IROQ Stock Overview

Operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients.

About the company

IROQ fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 8.2% below our estimate of its fair value

Pays a reliable dividend of 2.27%

Risk Analysis

Earnings have declined by 0.2% per year over past 5 years

Does not have a meaningful market cap ($56M)

Profit margins (8.7%) are lower than last year (19.4%)

IF Bancorp, Inc. Competitors

Uwharrie Capital

OTCPK:UWHR

US$52.9m

FCN Banc

OTCPK:FBVI

US$51.6m

F & M Bank

OTCPK:FMBM

US$60.3m

Northway Financial

OTCPK:NWYF

US$50.9m

Price History & Performance

Summary of all time highs, changes and price drops for IF Bancorp
Historical stock prices
Current Share Price	US$17.59
52 Week High	US$18.51
52 Week Low	US$13.75
Beta	0.52
1 Month Change	8.25%
3 Month Change	6.61%
1 Year Change	23.87%
3 Year Change	-23.52%
5 Year Change	-11.96%
Change since IPO	50.73%

Recent updates

If You Had Bought IF Bancorp (NASDAQ:IROQ) Stock Five Years Ago, You Could Pocket A 21% Gain Today

Feb 18

Here's Why I Think IF Bancorp (NASDAQ:IROQ) Is An Interesting Stock

Jan 11

Here's What We Think About IF Bancorp's (NASDAQ:IROQ) CEO Pay

Dec 16

Is IF Bancorp, Inc. (NASDAQ:IROQ) A Smart Pick For Income Investors?

Nov 20

IF Bancorp reports FQ1 results

Oct 30

Shareholder Returns

	IROQ	US Banks	US Market
7D	5.0%	-1.4%	-1.2%
1Y	23.9%	30.8%	21.5%

Return vs Industry: IROQ underperformed the US Banks industry which returned 30.8% over the past year.

Return vs Market: IROQ exceeded the US Market which returned 21.5% over the past year.

Price Volatility

Is IROQ's price volatile compared to industry and market?
IROQ volatility
IROQ Average Weekly Movement	2.7%
Banks Industry Average Movement	4.0%
Market Average Movement	5.8%
10% most volatile stocks in US Market	15.6%
10% least volatile stocks in US Market	2.9%

Stable Share Price: IROQ has not had significant price volatility in the past 3 months.

Volatility Over Time: IROQ's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1883	107	Chip Hasselbring	iroquoisfed.com

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 services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts. It provides loans comprising one- to four-family residential mortgage loans; multi-family mortgage loans; commercial real estate loans, such as farm loans; home equity lines of credit; commercial business loans; and consumer loans primarily comprising automobile loans, as well as construction loans and land development loans.

IF Bancorp, Inc. Fundamentals Summary

How do IF Bancorp's earnings and revenue compare to its market cap?
IROQ fundamental statistics
Market cap	US$55.67m
Earnings (TTM)	US$1.96m
Revenue (TTM)	US$22.41m

28.9x

P/E Ratio

0.8x

P/B Ratio

Is IROQ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IROQ income statement (TTM)
Revenue	US$22.41m
Cost of Revenue	US$0
Gross Profit	US$22.41m
Other Expenses	US$20.45m
Earnings	US$1.96m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.61
Gross Margin	100.00%
Net Profit Margin	8.73%
Debt/Equity Ratio	192.7%

How did IROQ perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

65%

Payout Ratio

IROQ Stock Overview

Rewards

Risk Analysis

IF Bancorp, Inc. Competitors

OTCPK:UWHR

US$52.9m

OTCPK:FBVI

US$51.6m

OTCPK:FMBM

US$60.3m

OTCPK:NWYF

US$50.9m

Price History & Performance

Recent News & Updates

New major risk - Revenue and earnings growth

Third quarter 2024 earnings released: EPS: US$0.22 (vs US$0.22 in 3Q 2023)

Upcoming dividend of US$0.20 per share

First half dividend of US$0.20 announced

IF Bancorp, Inc. Announces Cash Dividend, Payable on April 15, 2024

Second quarter 2024 earnings released: EPS: US$0.058 (vs US$0.44 in 2Q 2023)

Recent updates

New major risk - Revenue and earnings growth

Third quarter 2024 earnings released: EPS: US$0.22 (vs US$0.22 in 3Q 2023)

Upcoming dividend of US$0.20 per share

First half dividend of US$0.20 announced

IF Bancorp, Inc. Announces Cash Dividend, Payable on April 15, 2024

Second quarter 2024 earnings released: EPS: US$0.058 (vs US$0.44 in 2Q 2023)

Now 20% undervalued

Investor sentiment improves as stock rises 19%

First quarter 2024 earnings released: EPS: US$0.14 (vs US$0.63 in 1Q 2023)

Upcoming dividend of US$0.20 per share at 2.8% yield

Full year 2023 earnings released: EPS: US$1.50 (vs US$1.88 in FY 2022)

IF Bancorp (NASDAQ:IROQ) Has Announced A Dividend Of $0.20

IF Bancorp (NASDAQ:IROQ) Has Announced A Dividend Of $0.20

IF Bancorp, Inc., Annual General Meeting, Nov 20, 2023

Third quarter 2023 earnings released: EPS: US$0.22 (vs US$0.38 in 3Q 2022)

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.20 per share at 2.5% yield

Senior EVP exercised options to buy US$107k worth of stock.

IF Bancorp, Inc. Declares Cash Dividend, Payable on April 14, 2023

Second quarter 2023 earnings released: EPS: US$0.44 (vs US$0.56 in 2Q 2022)

IF Bancorp, Inc. Approves the Election of Richard S. Stenzinger as Director

Insufficient new directors

First quarter 2023 earnings released: EPS: US$0.63 (vs US$0.62 in 1Q 2022)

Now 22% undervalued

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.20 per share

President exercised options to buy US$155k worth of stock.

Full year 2022 earnings released: EPS: US$1.88 (vs US$1.76 in FY 2021)

IF Bancorp GAAP EPS of $0.34, revenue of $6.69M

IF Bancorp (NASDAQ:IROQ) Is Increasing Its Dividend To $0.20

IF Bancorp, Inc., Annual General Meeting, Nov 21, 2022

IF Bancorp, Inc. Announces Cash Dividend, Payable on October 14, 2022

IF Bancorp declares $0.20 dividend

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Third quarter 2022 earnings released: EPS: US$0.38 (vs US$0.51 in 3Q 2021)

Insufficient new directors

Upcoming dividend of US$0.17 per share

IF Bancorp, Inc. Announces Cash Dividend, Payable on April 15, 2022

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Does IF Bancorp (NASDAQ:IROQ) Deserve A Spot On Your Watchlist?

Senior EVP & CLO exercised options to buy US$95k worth of stock.

First quarter 2022 earnings released: EPS US$0.62 (vs US$0.44 in 1Q 2021)

Upcoming dividend of US$0.17 per share

President exercised options to buy US$90k worth of stock.

Full year 2021 earnings released: EPS US$1.76 (vs US$1.37 in FY 2020)

IF Bancorp (NASDAQ:IROQ) Will Pay A Larger Dividend Than Last Year At US$0.17

IF Bancorp's (NASDAQ:IROQ) Dividend Will Be Increased To US$0.17

IF Bancorp, Inc.(NasdaqCM:IROQ) dropped from Russell Microcap Growth Index

What Makes IF Bancorp, Inc. (NASDAQ:IROQ) A Great Dividend Stock?

Third quarter 2021 earnings released: EPS US$0.51 (vs US$0.27 in 3Q 2020)

Here's What We Like About IF Bancorp's (NASDAQ:IROQ) Upcoming Dividend

Upcoming Dividend of US$0.15 Per Share

If You Had Bought IF Bancorp (NASDAQ:IROQ) Stock Five Years Ago, You Could Pocket A 21% Gain Today

Second quarter 2021 earnings released: EPS US$0.48 (vs US$0.32 in 2Q 2020)

Here's Why I Think IF Bancorp (NASDAQ:IROQ) Is An Interesting Stock

Here's What We Think About IF Bancorp's (NASDAQ:IROQ) CEO Pay

New 90-day high: US$21.69