Sound Financial Bancorp, Inc. operates as the bank holding company for Sound Community Bank that provides commercial banking and other financial services for consumers and businesses. More Details
Flawless balance sheet with acceptable track record.
Share Price & News
How has Sound Financial Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SFBC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SFBC exceeded the US Banks industry which returned -28.5% over the past year.
Return vs Market: SFBC underperformed the US Market which returned 18.5% over the past year.
Price Volatility Vs. Market
How volatile is Sound Financial Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StHave Insiders Been Selling Sound Financial Bancorp, Inc. (NASDAQ:SFBC) Shares This Year?
4 weeks ago | Simply Wall StWhat To Know Before Buying Sound Financial Bancorp, Inc. (NASDAQ:SFBC) For Its Dividend
1 month ago | Simply Wall StSound Financial Bancorp (NASDAQ:SFBC) Shareholders Booked A 37% Gain In The Last Five Years
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 ($29.01) is trading below our estimate of fair value ($31.57)
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 poor value based on its PE Ratio (11.3x) compared to the US Banks industry average (10x).
PE vs Market: SFBC is good value based on its PE Ratio (11.3x) compared to the US market (19x).
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 (0.9x) compared to the US Banks industry average (0.8x).
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 (21.3%) are higher than last year (21.1%).
Past Earnings Growth Analysis
Earnings Trend: SFBC's earnings have grown by 8.6% per year over the past 5 years.
Accelerating Growth: SFBC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SFBC had negative earnings growth (-3%) over the past year, making it difficult to compare to the Banks industry average (-3%).
Return on Equity
High ROE: SFBC's Return on Equity (8.1%) 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 (10.9x) is moderate.
Allowance for Bad Loans: SFBC has a sufficient allowance for bad loans (173%).
Low Risk Liabilities: 88% 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 (79%).
Low Risk Deposits: SFBC's Loans to Deposits ratio (99%) is appropriate.
Level of Bad Loans: SFBC has an appropriate level of bad loans (0.5%).
What is Sound Financial Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SFBC's dividend (2.07%) is higher than the bottom 25% of dividend payers in the US market (1.64%).
High Dividend: SFBC's dividend (2.07%) is low compared to the top 25% of dividend payers in the US market (4.68%).
Stability and Growth of Payments
Stable Dividend: SFBC's dividend payments have been volatile in the past 10 years.
Growing Dividend: SFBC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.6%), 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 board tenure
Laurie Stewart (71 yo)
Ms. Laura Lee Stewart, also known as Laurie, has been President and Chief Executive Officer of Sound Financial Bancorp Inc. since January 2008. Ms. Stewart serves as Chief Executive Officer of Sound Commun ...
CEO Compensation Analysis
Compensation vs Market: Laurie's total compensation ($USD638.90K) is about average for companies of similar size in the US market ($USD589.00K).
Compensation vs Earnings: Laurie's compensation has been consistent with company performance over the past year.
|Independent Director||15.75yrs||US$52.46k||0.94% |
|Independent Director||15.75yrs||US$52.46k||1.38% |
|Independent Vice Chairman of the Board||12.75yrs||US$52.46k||0.61% |
|Independent Director||36.75yrs||US$52.46k||0.42% |
|Independent Director||34.75yrs||US$52.46k||0.67% |
|Independent Chairman of the Board||12.75yrs||US$52.46k||1.6% |
Experienced Board: SFBC's board of directors are seasoned and experienced ( 15.8 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 been diluted in the past year, with total shares outstanding growing by 3.6%.
Sound Financial Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Sound Financial Bancorp, Inc.
- Ticker: SFBC
- Exchange: NasdaqCM
- Founded: 2008
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$74.456m
- Shares outstanding: 2.57m
- Website: https://www.soundcb.com
Number of Employees
- Sound Financial Bancorp, Inc.
- 2400 3rd Avenue
- Suite 150
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SFBC||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Jan 2008|
Sound Financial Bancorp, Inc. operates as the bank holding company for Sound Community Bank that provides commercial banking and other financial services for consumers and businesses. It accepts various de ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/22 00:51|
|End of Day Share Price||2020/10/19 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.