NasdaqGM:MLVF

Stock Analysis Report

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Executive Summary

Malvern Bancorp, Inc. operates as the bank holding company for Malvern Bank that provides various banking products and services to consumer and business customers in Pennsylvania. More Details


Snowflake Analysis

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has Malvern Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

5.6%

MLVF

5.1%

US Banks

0.4%

US Market


1 Year Return

-41.6%

MLVF

-26.7%

US Banks

17.8%

US Market

Return vs Industry: MLVF underperformed the US Banks industry which returned -26.7% over the past year.

Return vs Market: MLVF underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

MLVFIndustryMarket
7 Day5.6%5.1%0.4%
30 Day10.5%11.9%6.1%
90 Day6.9%5.4%8.9%
1 Year-41.6%-41.6%-24.0%-26.7%20.5%17.8%
3 Year-51.3%-51.3%-15.9%-22.9%42.3%32.9%
5 Year-17.7%-17.7%20.3%5.4%84.2%63.4%

Price Volatility Vs. Market

How volatile is Malvern Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

14.61x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MLVF ($13.1) is trading above our estimate of fair value ($9.1)

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


Price To Earnings Ratio

PE vs Industry: MLVF is poor value based on its PE Ratio (14.6x) compared to the US Banks industry average (10.3x).

PE vs Market: MLVF is good value based on its PE Ratio (14.6x) compared to the US market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: MLVF is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: MLVF is good value based on its PB Ratio (0.7x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

How is Malvern Bancorp forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

16.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MLVF's forecast earnings growth (16% per year) is above the savings rate (2.2%).

Earnings vs Market: MLVF's earnings (16% per year) are forecast to grow slower than the US market (22.1% per year).

High Growth Earnings: MLVF's earnings are forecast to grow, but not significantly.

Revenue vs Market: MLVF's revenue (5.4% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: MLVF's revenue (5.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MLVF's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Malvern Bancorp performed over the past 5 years?

5.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MLVF has high quality earnings.

Growing Profit Margin: MLVF's current net profit margins (25.5%) are lower than last year (33.7%).


Past Earnings Growth Analysis

Earnings Trend: MLVF's earnings have grown by 5.4% per year over the past 5 years.

Accelerating Growth: MLVF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MLVF had negative earnings growth (-26.2%) over the past year, making it difficult to compare to the Banks industry average (-4%).


Return on Equity

High ROE: MLVF's Return on Equity (4.8%) is considered low.


Next Steps

Financial Health

How is Malvern 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: MLVF's Assets to Equity ratio (8.4x) is low.

Allowance for Bad Loans: MLVF has a sufficient allowance for bad loans (121%).

Low Risk Liabilities: 83% of MLVF's liabilities are made up of primarily low risk sources of funding.

Loan Level: MLVF has an appropriate level of Loans to Assets ratio (85%).

Low Risk Deposits: MLVF's Loans to Deposits ratio (116%) is appropriate.

Level of Bad Loans: MLVF has an appropriate level of bad loans (0.9%).


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate MLVF'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 MLVF's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: MLVF is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MLVF'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?

4.8yrs

Average management tenure


CEO

Tony Weagley (58 yo)

6.08yrs

Tenure

US$737,655

Compensation

Mr. Anthony Charles Weagley, also known as Tony, has been the Chief Executive Officer and President of Malvern Bancorp, Inc. ("Company") and its subsidiary Malvern Bank, National Association ("Bank") since ...


CEO Compensation Analysis

Compensation vs Market: Tony's total compensation ($USD737.66K) is about average for companies of similar size in the US market ($USD578.04K).

Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Anthony Weagley
President6.08yrsUS$737.66k1.01%
$ 991.4k
Joseph Gangemi
CFO, Executive VP & Corporate Secretary5.42yrsUS$295.47k0.16%
$ 155.1k
William Boylan
Executive VP & Chief Lending Officer4.5yrsUS$452.81k0.079%
$ 77.6k
Alexander Opiela
Chief Operations Officer3.75yrsno datano data
William Woolworth
Executive VP & Chief Risk Officer5.17yrsUS$239.69kno data
Patricia McLennan
Senior Vice President and Director of Community Development3.75yrsno datano data
Linda Laurent
VP & Manager of Retail Lendingno datano datano data

4.8yrs

Average Tenure

54.5yo

Average Age

Experienced Management: MLVF's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anthony Weagley
President6.08yrsUS$737.66k1.01%
$ 991.4k
Howard Kent
Independent Chairman of the Board4.67yrsUS$93.62k2.59%
$ 2.5m
Julia Corelli
Independent Director2.75yrsUS$76.21k0.18%
$ 180.1k
Stephen Scartozzi
Independent Director10.5yrsUS$73.58k0.21%
$ 208.0k
Andrew Fish
Independent Director4yrsUS$76.23k0.13%
$ 131.0k
Norman Feinstein
Independent Director4.33yrsUS$75.93k0.21%
$ 204.6k
Cynthia Leitzell
Independent Director4.58yrsUS$82.38k0.22%
$ 216.2k
James Barrett
Independent Director1.5yrsUS$16.77k0.22%
$ 218.8k

4.5yrs

Average Tenure

63yo

Average Age

Experienced Board: MLVF's board of directors are considered experienced (4.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: MLVF 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

Malvern Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Malvern Bancorp, Inc.
  • Ticker: MLVF
  • Exchange: NasdaqGM
  • Founded: 1887
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$98.517m
  • Shares outstanding: 7.52m
  • Website: https://ir.malvernbancorp.com

Number of Employees


Location

  • Malvern Bancorp, Inc.
  • 42 East Lancaster Avenue
  • Paoli
  • Pennsylvania
  • 19301
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MLVFNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDMay 2008

Biography

Malvern Bancorp, Inc. operates as the bank holding company for Malvern Bank that provides various banking products and services to consumer and business customers in Pennsylvania. The company accepts check ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 05:26
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/09/30


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.