NasdaqCM:SSFN

Stock Analysis Report

Executive Summary

Stewardship Financial Corporation operates as the bank holding company for Atlantic Stewardship Bank that provides various commercial and retail banking products and services for small and medium-sized businesses, professionals, and individuals.

Snowflake

Fundamentals

Flawless balance sheet with concerning outlook.

Risks

  • Stewardship Financial has significant price volatility in the past 3 months.
  • Stewardship Financial is not covered by any analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.3%

NasdaqCM:SSFN

0.3%

US Banks

0.9%

US Market


1 Year Return

41.0%

NasdaqCM:SSFN

-13.6%

US Banks

0.3%

US Market

SSFN outperformed the Banks industry which returned -14.2% over the past year.

SSFN outperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

SSFNIndustryMarket
7 Day0.3%0.3%0.9%
30 Day0.4%-5.1%-1.9%
90 Day81.4%-3.5%1.6%
1 Year42.7%41.0%-11.2%-13.6%2.6%0.3%
3 Year116.6%108.9%43.6%33.7%41.0%31.8%
5 Year271.3%247.0%53.7%37.0%55.2%38.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

19.2x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Stewardship Financial is overvalued based on earnings compared to the US Banks industry average.

Stewardship Financial is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

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


Price Based on Value of Assets

Stewardship Financial is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

9.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

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

Stewardship Financial's earnings are expected to grow by 9.7% yearly, however this is not considered high growth (20% yearly).

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

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

Stewardship Financial'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 Stewardship Financial will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Stewardship Financial performed over the past 5 years?

23.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Stewardship Financial's 1-year earnings growth is less than its 5-year average (21.1% vs 23.2%)

Stewardship Financial's earnings growth has not exceeded the US Banks industry average in the past year (21.1% vs 33.2%).


Return on Equity

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


Return on Assets

Stewardship Financial used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Stewardship Financial 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 Stewardship Financial'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

Information is not available.

Information is not available.


Financial Institutions Analysis

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

Stewardship Financial has a sufficient allowance for bad loans.

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

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

Loans at Stewardship Financial are broadly funded by customer deposits.

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


Next Steps

Dividend

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

0.77%

Current Dividend Yield


Dividend Yield and Payments Analysis

Stewardship Financial's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Stewardship Financial's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Stewardship Financial is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.

Stewardship Financial is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Stewardship Financial's dividends as it is not paying a notable one for United States of America.


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 Stewardship Financial's salary, the management and board of directors tenure and is there insider trading?

11.0yrs

Average management tenure


CEO

Paul Van Ostenbridge (66yo)

22.6yrs

Tenure

US$491,466

Compensation

Mr. Paul Van Ostenbridge has been the Chief Executive Officer and President at Stewardship Financial Corp. since 1997. Mr. Van Ostenbridge has been the President and the Chief Executive Officer of Atlantic ...


CEO Compensation Analysis

Paul's remuneration is about average for companies of similar size in United States of America.

Paul's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

11.0yrs

Average Tenure

59yo

Average Age

The average tenure for the Stewardship Financial management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

16.1yrs

Average Tenure

66yo

Average Age

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


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Claire Chadwick (59yo)

    Executive VP & CFO

    • Tenure: 11.0yrs
    • Compensation: US$300.59k
  • Julie Holland (58yo)

    Chief Risk Officer and SVP

    • Tenure: 22.6yrs
    • Compensation: US$146.52k
  • Paul Van Ostenbridge (66yo)

    President

    • Tenure: 22.6yrs
    • Compensation: US$491.47k
  • Angela Turi

    Vice President

    • Tenure: 0.0yrs
  • Ellie King

    Assistant Secretary of Atlantic Stewardship Bank

    • Tenure: 0.0yrs
  • Gail Tilstra

    Senior Vice President & HR Director - Atlantic Stewardship Bank

    • Tenure: 0.0yrs
  • Mary Steiginga

    Vice President

    • Tenure: 0.0yrs
  • Donald Stanford

    Senior Vice President

    • Tenure: 0.0yrs
  • John Scoccola (54yo)

    Secretary & Director

    • Tenure: 5.3yrs
    • Compensation: US$39.00k
  • William Clement (59yo)

    Executive VP & Chief Lending Officer

    • Tenure: 3.7yrs
    • Compensation: US$297.62k

Board Members

  • William Hanse (84yo)

    Director

    • Tenure: 22.6yrs
    • Compensation: US$38.10k
  • Margo Lane (68yo)

    Director

    • Tenure: 22.6yrs
    • Compensation: US$32.40k
  • John Steen (81yo)

    Director

    • Tenure: 22.6yrs
    • Compensation: US$36.75k
  • Paul Van Ostenbridge (66yo)

    President

    • Tenure: 22.6yrs
    • Compensation: US$491.47k
  • William Vander Eems (69yo)

    Director

    • Tenure: 22.6yrs
    • Compensation: US$38.40k
  • Michael Westra (53yo)

    Chairman of the Board

    • Tenure: 1.3yrs
    • Compensation: US$46.54k
  • Howard Yeaton (64yo)

    Vice Chairman of the Board

    • Tenure: 4.3yrs
    • Compensation: US$38.45k
  • Richard Culp (66yo)

    Director

    • Tenure: 9.7yrs
    • Compensation: US$38.81k
  • John Scoccola (54yo)

    Secretary & Director

    • Tenure: 5.3yrs
    • Compensation: US$39.00k
  • Wayne Aoki (59yo)

    Director

    • Tenure: 4.9yrs
    • Compensation: US$34.35k

Company Information

Stewardship Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Stewardship Financial Corporation
  • Ticker: SSFN
  • Exchange: NasdaqCM
  • Founded: 1984
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$135.158m
  • Shares outstanding: 8.71m
  • Website: https://www.asbnow.bank

Number of Employees


Location

  • Stewardship Financial Corporation
  • 630 Godwin Avenue
  • Midland Park
  • New Jersey
  • 7432
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SSFNNasdaqCM (Nasdaq Capital Market)YesCommon SharesUSUSDSep 1997

Biography

Stewardship Financial Corporation operates as the bank holding company for Atlantic Stewardship Bank that provides various commercial and retail banking products and services for small and medium-sized bus ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 23:44
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
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.