Severn Bancorp, Inc. operates as the holding company for Severn Savings Bank, FSB that provides a range of personal and commercial banking products and services in Maryland, Delaware, and Virginia. More Details
Flawless balance sheet with questionable track record.
Share Price & News
How has Severn Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SVBI has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SVBI underperformed the US Mortgage industry which returned -18.5% over the past year.
Return vs Market: SVBI underperformed the US Market which returned 19.5% over the past year.
Price Volatility Vs. Market
How volatile is Severn Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StSevern Bancorp, Inc. (NASDAQ:SVBI) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
1 month ago | Simply Wall StHow Is Severn Bancorp's (NASDAQ:SVBI) CEO Compensated?
2 months ago | Simply Wall StWhy Severn Bancorp, Inc. (NASDAQ:SVBI) Should Be In Your Dividend Portfolio
Is Severn Bancorp 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: SVBI ($6.4) is trading above our estimate of fair value ($4.55)
Significantly Below Fair Value: SVBI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SVBI is poor value based on its PE Ratio (13.9x) compared to the US Mortgage industry average (11.1x).
PE vs Market: SVBI is good value based on its PE Ratio (13.9x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SVBI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SVBI's PB Ratio (0.8x) is in line with the US Mortgage industry average.
How is Severn 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 Severn 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 Severn Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SVBI has high quality earnings.
Growing Profit Margin: SVBI's current net profit margins (15%) are lower than last year (23.4%).
Past Earnings Growth Analysis
Earnings Trend: SVBI's earnings have grown by 6.5% per year over the past 5 years.
Accelerating Growth: SVBI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SVBI had negative earnings growth (-38.3%) over the past year, making it difficult to compare to the Mortgage industry average (5.3%).
Return on Equity
High ROE: SVBI's Return on Equity (5.5%) is considered low.
How is Severn 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: SVBI's Assets to Equity ratio (8.6x) is low.
Allowance for Bad Loans: SVBI has a sufficient allowance for bad loans (131%).
Low Risk Liabilities: 92% of SVBI's liabilities are made up of primarily low risk sources of funding.
Loan Level: SVBI has an appropriate level of Loans to Assets ratio (71%).
Low Risk Deposits: SVBI's Loans to Deposits ratio (87%) is appropriate.
Level of Bad Loans: SVBI has an appropriate level of bad loans (0.9%).
What is Severn Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SVBI's dividend (2.5%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: SVBI's dividend (2.5%) is low compared to the top 25% of dividend payers in the US market (4.66%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SVBI has been paying a dividend for less than 10 years.
Growing Dividend: SVBI's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.8%), SVBI'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
Alan Hyatt (66 yo)
Mr. Alan J. Hyatt has been a Partner of Hyatt, Peters & Weber, LLP, Annapolis, Maryland since 1978. Mr. Hyatt is a real estate broker with Arundel Realty Services, LLC, Annapolis, Maryland. Mr. Hyatt has ...
CEO Compensation Analysis
Compensation vs Market: Alan's total compensation ($USD507.93K) is about average for companies of similar size in the US market ($USD585.94K).
Compensation vs Earnings: Alan's compensation has been consistent with company performance over the past year.
|Chairman||no data||US$507.93k||13.41% |
|Independent Vice Chairman of the Board||no data||US$37.96k||0.55% |
|Independent Director||11.5yrs||US$40.78k||0.56% |
|Independent Director||8.5yrs||US$36.37k||0.019% |
|Independent Director||8.5yrs||US$31.40k||0.31% |
|Independent Director||8.5yrs||US$34.56k||0.36% |
|Independent Director||8.5yrs||US$48.45k||0.012% |
|Independent Director||0.42yr||no data||0.078% |
Experienced Board: SVBI's board of directors are considered experienced (8.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SVBI 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.
Severn Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Severn Bancorp, Inc.
- Ticker: SVBI
- Exchange: NasdaqCM
- Founded: 1946
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$82.003m
- Shares outstanding: 12.81m
- Website: https://www.severnbank.com
Number of Employees
- Severn Bancorp, Inc.
- 200 Westgate Circle
- Suite 200
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SVBI||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Jun 2002|
Severn Bancorp, Inc. operates as the holding company for Severn Savings Bank, FSB that provides a range of personal and commercial banking products and services in Maryland, Delaware, and Virginia. The com ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 00:17|
|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.