MSB Financial Corp. operates as the bank holding company for Millington Bank that provides various banking products and services in New Jersey.
Flawless balance sheet with questionable track record.
Share Price & News
How has MSB Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MSBF has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MSBF underperformed the US Mortgage industry which returned 5% over the past year.
Return vs Market: MSBF underperformed the US Market which returned 14% over the past year.
Price Volatility Vs. Market
How volatile is MSB Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StDoes MSB Financial Corp. (NASDAQ:MSBF) Have A Good P/E Ratio?
2 months ago | Simply Wall StCould The MSB Financial Corp. (NASDAQ:MSBF) Ownership Structure Tell Us Something Useful?
3 months ago | Simply Wall StDid MSB Financial Corp. (NASDAQ:MSBF) Insiders Sell Shares?
Is MSB Financial undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MSBF ($16.55) is trading above our estimate of fair value ($7.69)
Significantly Below Fair Value: MSBF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MSBF is poor value based on its PE Ratio (20.4x) compared to the Mortgage industry average (13.5x).
PE vs Market: MSBF is poor value based on its PE Ratio (20.4x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MSBF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MSBF is overvalued based on its PB Ratio (1.3x) compared to the US Mortgage industry average (1.1x).
How is MSB Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 MSB Financial 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.
How has MSB Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MSBF has high quality earnings.
Growing Profit Margin: MSBF's current net profit margins (22.3%) are lower than last year (26.1%).
Past Earnings Growth Analysis
Earnings Trend: MSBF's earnings have grown significantly by 44.2% per year over the past 5 years.
Accelerating Growth: MSBF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MSBF had negative earnings growth (-15.1%) over the past year, making it difficult to compare to the Mortgage industry average (11.1%).
Return on Equity
High ROE: MSBF's Return on Equity (6.3%) is considered low.
How is MSB Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: MSBF has a low level of unsold assets or inventory.
Debt Coverage by Assets: MSBF's debt is not covered by short term assets (assets are 0.4x debt).
Financial Institutions Analysis
Asset Level: MSBF's level of assets compared to its equity is low.
Allowance for Bad Loans: MSBF has a sufficient allowance for bad loans.
Low Risk Liabilities: MSBF's liabilities are made up of primarily low risk sources of funding.
Loan Level: MSBF has an acceptable proportion of non-loan assets held.
Low Risk Deposits: MSBF's loans are broadly funded by customer deposits.
Level of Bad Loans: MSBF has an appropriate level of bad loans (0.59%)
What is MSB Financial's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MSBF's dividend (3.02%) is higher than the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: MSBF's dividend (3.02%) is low compared to the top 25% of dividend payers in the US market (3.77%).
Stability and Growth of Payments
Stable Dividend: MSBF's dividend payments have been volatile in the past 10 years.
Growing Dividend: MSBF's dividend payments have increased over the past 10 years.
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: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Shriner (55yo)
Mr. Michael A. Shriner has been the Chief Executive Officer and President of MSB Financial Corp. since 2014 and its subsidiary, Millington Savings Bank since 2012. Mr. Shriner served as the Chief Operating ...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD445.30K) is about average for companies of similar size in the US market ($USD522.62K).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
|Executive VP & COO||5.1yrs||US$323.80k||0.50% $368.0k|
|Senior VP||5.1yrs||US$261.63k||0.54% $396.1k|
|Executive VP & Chief Lending Officer||0yrs||US$278.99k||0.41% $300.2k|
|First VP & CFO||4.4yrs||no data||0.12% $85.7k|
|Chief Risk Officer & VP||14.1yrs||no data||no data|
|VP & Assistant Corporate Secretary||14.1yrs||no data||no data|
Experienced Management: MSBF's management team is seasoned and experienced (5.6 years average tenure).
|Independent Director||3.6yrs||US$43.50k||no data|
|Chairman Emeritus||7.2yrs||US$76.71k||no data|
|Independent Director||6.1yrs||US$46.74k||2.06% $1.5m|
|Chairman of the Board||6.1yrs||US$88.74k||0.58% $428.1k|
|Independent Director||4yrs||US$46.00k||2.07% $1.5m|
|Independent Director||3.1yrs||US$66.38k||0.092% $67.9k|
|Independent Director||4.1yrs||US$46.42k||0.47% $346.2k|
|Independent Director||2.8yrs||US$66.38k||0.67% $496.5k|
|Independent Director||2yrs||US$40.00k||no data|
Experienced Board: MSBF's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MSB Financial Corp.'s company bio, employee growth, exchange listings and data sources
- Name: MSB Financial Corp.
- Ticker: MSBF
- Exchange: NasdaqGM
- Founded: 1911
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$73.801m
- Shares outstanding: 4.46m
- Website: https://www.millingtonbank.com
Number of Employees
- MSB Financial Corp.
- 1902 Long Hill Road
- New Jersey
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MSBF||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Jan 2007|
MSB Financial Corp. operates as the bank holding company for Millington Bank that provides various banking products and services in New Jersey. The company offers deposit products, including checking accounts; savings accounts, such as regular passbook, statement, money market, and club accounts, as well as six-level tiered savings accounts; certificates of deposit; and fixed or variable rate individual retirement accounts. Its loan portfolio comprises one-to four-family real estate mortgage loans, commercial and multi-family real estate mortgage loans, construction loans, commercial and industrial loans, and home equity loans and lines of credit, as well as consumer loans consisting of new and used automobile loans, secured and unsecured personal loans, account loans, and overdraft lines of credit. The company was founded in 1911 and is based in Millington, New Jersey.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 01:33|
|End of Day Share Price||2020/02/24 00:00|
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.