Sound Financial Bancorp, Inc. operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.
Sound Financial Bancorp Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$44.00|
|52 Week High||US$28.27|
|52 Week Low||US$48.39|
|1 Month Change||-6.76%|
|3 Month Change||-1.96%|
|1 Year Change||51.67%|
|3 Year Change||22.05%|
|5 Year Change||75.30%|
|Change since IPO||388.89%|
Recent News & Updates
Shareholders Will Probably Hold Off On Increasing Sound Financial Bancorp, Inc.'s (NASDAQ:SFBC) CEO Compensation For The Time Being
Under the guidance of CEO Laurie Stewart, Sound Financial Bancorp, Inc. ( NASDAQ:SFBC ) has performed reasonably well...
Sound Financial Bancorp goes ex-dividend tomorrow
Sound Financial Bancorp (SFBC) had declared $0.17/share quarterly dividend, in line with previous.Payable May 24; for shareholders of record May 10; ex-div May 7.See SFBC Dividend Scorecard, Yield Chart, & Dividend Growth.
|SFBC||US Banks||US Market|
Return vs Industry: SFBC underperformed the US Banks industry which returned 73.9% over the past year.
Return vs Market: SFBC exceeded the US Market which returned 30.3% over the past year.
Stable Share Price: SFBC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SFBC's weekly volatility (3%) has been stable over the past year.
About the Company
Sound Financial Bancorp, Inc. operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses. It accepts various deposits products comprising savings, money market deposit, NOW, and demand accounts, as well as certificates of deposit. The company also offers loans secured by first and second mortgages on one-to four-family residences; home equity loans, including fixed-rate loans and variable-rate lines of credit; commercial and multifamily real estate loans; construction loans secured by single-family residences, and commercial and multifamily real estate; land loans; commercial business loans to finance commercial vehicles and equipment, as well as loans secured by accounts receivable and/or inventory; and secured and unsecured consumer loans, such as new and used manufactured homes, floating homes, automobiles, boats, and recreational vehicle loans, and loans secured by deposit accounts.
Sound Financial Bancorp Fundamentals Summary
|SFBC fundamental statistics|
Is SFBC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SFBC income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||4.07|
|Net Profit Margin||28.62%|
How did SFBC perform over the long term?See historical performance and comparison
1.8%Current Dividend Yield
Is Sound Financial Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SFBC ($44) is trading below our estimate of fair value ($53.34)
Significantly Below Fair Value: SFBC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SFBC is good value based on its PE Ratio (10.8x) compared to the US Banks industry average (11.2x).
PE vs Market: SFBC is good value based on its PE Ratio (10.8x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SFBC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SFBC is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.2x).
How is Sound Financial Bancorp 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 Sound Financial 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.
How has Sound Financial Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SFBC has high quality earnings.
Growing Profit Margin: SFBC's current net profit margins (28.6%) are higher than last year (21.3%).
Past Earnings Growth Analysis
Earnings Trend: SFBC's earnings have grown by 13.1% per year over the past 5 years.
Accelerating Growth: SFBC's earnings growth over the past year (61.4%) exceeds its 5-year average (13.1% per year).
Earnings vs Industry: SFBC earnings growth over the past year (61.4%) exceeded the Banks industry 37.5%.
Return on Equity
High ROE: SFBC's Return on Equity (11.8%) is considered low.
How is Sound Financial Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: SFBC's Assets to Equity ratio (10.3x) is moderate.
Allowance for Bad Loans: SFBC has a sufficient allowance for bad loans (413%).
Low Risk Liabilities: 97% of SFBC's liabilities are made up of primarily low risk sources of funding.
Loan Level: SFBC has an appropriate level of Loans to Assets ratio (69%).
Low Risk Deposits: SFBC's Loans to Deposits ratio (79%) is appropriate.
Level of Bad Loans: SFBC has an appropriate level of bad loans (0.2%).
What is Sound Financial Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SFBC's dividend (1.77%) is higher than the bottom 25% of dividend payers in the US market (1.29%).
High Dividend: SFBC's dividend (1.77%) is low compared to the top 25% of dividend payers in the US market (3.47%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SFBC has been paying a dividend for less than 10 years.
Growing Dividend: SFBC's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15.7%), SFBC's dividend payments are well 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
Laurie Stewart (72 yo)
Ms. Laura Lee Stewart, also known as Laurie, is President and Chief Executive Officer of Sound Community Bank and Sound Financial Bancorp, Inc. Ms. Stewart served as Interim Chief Financial Officer of Soun...
CEO Compensation Analysis
Compensation vs Market: Laurie's total compensation ($USD825.82K) is above average for companies of similar size in the US market ($USD542.68K).
Compensation vs Earnings: Laurie's compensation has increased by more than 20% in the past year.
Experienced Management: SFBC's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Experienced Board: SFBC's board of directors are seasoned and experienced ( 16.8 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.
Sound Financial Bancorp, Inc.'s employee growth, exchange listings and data sources
- Name: Sound Financial Bancorp, Inc.
- Ticker: SFBC
- Exchange: NasdaqCM
- Founded: 1953
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$113.881m
- Shares outstanding: 2.59m
- Website: https://www.soundcb.com
Number of Employees
- Sound Financial Bancorp, Inc.
- 2400 3rd Avenue
- Suite 150
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/23 22:29|
|End of Day Share Price||2021/10/22 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.