NasdaqGM:SIFI

Stock Analysis Report

Executive Summary

SI Financial Group, Inc. operates as the holding company for Savings Institute Bank and Trust Company that provides various financial services to consumers and businesses.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.

Risks

  • SI Financial Group is not covered by any analysts.

Similar Companies

Share Price & News

How has SI Financial Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

5.8%

NasdaqGM:SIFI

-0.3%

US Mortgage

-1.0%

US Market


1 Year Return

-0.9%

NasdaqGM:SIFI

-0.7%

US Mortgage

-0.4%

US Market

SIFI underperformed the Mortgage industry which returned 1.6% over the past year.

SIFI underperformed the Market in United States of America which returned 3% over the past year.


Share holder returns

SIFIIndustryMarket
7 Day5.8%-0.3%-1.0%
30 Day6.5%-2.0%-3.3%
90 Day3.1%-0.7%0.4%
1 Year0.8%-0.9%1.4%-0.7%1.8%-0.4%
3 Year11.5%6.5%33.4%24.5%39.4%30.4%
5 Year42.2%32.6%57.5%41.1%54.2%37.1%

Price Volatility Vs. Market

How volatile is SI Financial Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SI Financial Group undervalued based on future cash flows and its price relative to the stock market?

16.36x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

SI Financial Group's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

SI Financial Group's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

SI Financial Group is overvalued based on earnings compared to the US Mortgage industry average.

SI Financial Group is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for SI Financial Group, we can't assess if its growth is good value.


Price Based on Value of Assets

SI Financial Group is good value based on assets compared to the US Mortgage industry average.


Next Steps

Future Growth

How is SI Financial Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if SI Financial Group is high growth as no revenue estimate data is available.

SI Financial Group's earnings are expected to grow by 10.9% yearly, however this is not considered high growth (20% yearly).

Unable to compare SI Financial Group's revenue growth to the United States of America market average as no estimate data is available.

SI Financial Group's earnings growth is positive but not above the United States of America market average.

SI Financial Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if SI Financial Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has SI Financial Group performed over the past 5 years?

24.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

SI Financial Group has delivered over 20% year on year earnings growth in the past 5 years.

SI Financial Group's 1-year earnings growth exceeds its 5-year average (93.4% vs 24.2%)

SI Financial Group's earnings growth has exceeded the US Mortgage industry average in the past year (93.4% vs 39%).


Return on Equity

SI Financial Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

SI Financial Group used its assets less efficiently than the US Mortgage industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if SI Financial Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is SI Financial Group'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

SI Financial Group has an acceptable proportion of non-loan assets held.

SI Financial Group has a sufficient allowance for bad loans.

SI Financial Group's liabilities are made up of primarily low risk sources of funding.

SI Financial Group's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at SI Financial Group are broadly funded by customer deposits.

SI Financial Group has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is SI Financial Group's current dividend yield, its reliability and sustainability?

1.62%

Current Dividend Yield


Dividend Yield and Payments Analysis

SI Financial Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

SI Financial Group's dividend is below the markets top 25% of dividend payers in United States of America (3.69%).

Whilst dividend payments have been stable, SI Financial Group has been paying a dividend for less than 10 years.

Dividend payments have increased, but SI Financial Group only paid a dividend in the past 9 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.8x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of SI Financial Group's salary, the management and board of directors tenure and is there insider trading?

4.1yrs

Average management tenure


CEO

Rheo Brouillard (64yo)

15.3yrs

Tenure

US$713,730

Compensation

Mr. Rheo Arthur Brouillard is President, Chief Executive Officer and a Director of SI Financial Group, Inc. and Savings Institute Bank and Trust Company (the “Bank”) since 1995 and 2004, respectively. He h ...


CEO Compensation Analysis

Rheo's remuneration is lower than average for companies of similar size in United States of America.

Rheo's compensation has been consistent with company performance over the past year.


Management Age and Tenure

4.1yrs

Average Tenure

56yo

Average Age

The tenure for the SI Financial Group management team is about average.


Board Age and Tenure

12.2yrs

Average Tenure

68.5yo

Average Age

The average tenure for the SI Financial Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month insider trading information.


Recent Insider Transactions

SellUS$31328 Dec 18
Robert Gillard
EntityIndividual
Role
Member of the Board of Directors
Shares25
Max PriceUS$12.53

Ownership Breakdown


Management Team

  • Rheo Brouillard (64yo)

    President

    • Tenure: 15.3yrs
    • Compensation: $713.73k
  • Laurie Gervais (53yo)

    Executive VP

    • Tenure: 1.4yrs
    • Compensation: $429.70k
  • Ken Martin (59yo)

    Senior VP and Chief Lending Officer of Savings Institute Bank & Trust Company

    • Tenure: 2.0yrs
  • Lauren Murphy (46yo)

    Executive VP & CFO

    • Tenure: 4.1yrs
    • Compensation: $365.60k
  • Catherine Pomerleau

    Executive Assistant/Investor Relations Administrator

    • Tenure: 5.3yrs

Board Members

  • Donna Evan (69yo)

    Director

    • Tenure: 23.3yrs
    • Compensation: $50.10k
  • Dennis Pollack (68yo)

    Director

    • Tenure: 4.3yrs
    • Compensation: $47.60k
  • Robert Gillard (71yo)

    Director

    • Tenure: 20.3yrs
    • Compensation: $56.89k
  • Kevin McCarthy (70yo)

    Director

    • Tenure: 5.7yrs
    • Compensation: $50.50k
  • Mark Alliod (55yo)

    Chairman of the Board

    • Tenure: 4.0yrs
    • Compensation: $64.18k
  • Michael Garvey (54yo)

    Director

    • Tenure: 12.2yrs
    • Compensation: $47.60k
  • Robert Cushman (84yo)

    Director Emeritus

    • Compensation: $44.69k
  • Kathleen Nealon (66yo)

    Director

    • Tenure: 5.7yrs
    • Compensation: $47.60k
  • Roger Engle (80yo)

    Director

    • Tenure: 21.3yrs
    • Compensation: $50.60k
  • Rheo Brouillard (64yo)

    President

    • Tenure: 24.3yrs
    • Compensation: $713.73k

Company Information

SI Financial Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SI Financial Group, Inc.
  • Ticker: SIFI
  • Exchange: NasdaqGM
  • Founded: 1842
  • Industry: thrifts and mortgage finance
  • Sector: banks
  • Market Cap: US$174.896m
  • Shares outstanding: 11.77m
  • Website: Click here

Number of Employees


Location

  • SI Financial Group, Inc.
  • 803 Main Street
  • Willimantic
  • Connecticut
  • 6226
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SIFINasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDOct 2004

Biography

SI Financial Group, Inc. operates as the holding company for Savings Institute Bank and Trust Company that provides various financial services to consumers and businesses. Its deposit products include noni ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/05/20 01:57
End of Day Share Price2019/05/17 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.