| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
TCFC Overview
The Community Financial Corporation operates as the bank holding company for Community Bank of the Chesapeake that provides commercial and retail banking services to individuals and businesses.
Community Financial Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$35.27 |
| 52 Week High | US$20.00 |
| 52 Week Low | US$39.00 |
| Beta | 1.0 |
| 1 Month Change | -3.98% |
| 3 Month Change | 1.06% |
| 1 Year Change | 67.95% |
| 3 Year Change | 5.50% |
| 5 Year Change | 52.98% |
| Change since IPO | 385.86% |
Recent News & Updates
Shareholder Returns
| TCFC | US Banks | US Market | |
|---|---|---|---|
| 7D | 1.2% | 2.5% | -0.5% |
| 1Y | 68.0% | 80.0% | 37.5% |
Return vs Industry: TCFC underperformed the US Banks industry which returned 75.2% over the past year.
Return vs Market: TCFC exceeded the US Market which returned 36.2% over the past year.
Price Volatility
| TCFC volatility | |
|---|---|
| TCFC Beta | 1 |
| Industry Beta | 1.37 |
| Market Beta | 1 |
Stable Share Price: TCFC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TCFC's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1950 | 189 | Bill Pasenelli | https://www.cbtc.com |
The Community Financial Corporation operates as the bank holding company for Community Bank of the Chesapeake that provides commercial and retail banking services to individuals and businesses. The company’s deposit products include savings, money market, demand deposit, and time deposit accounts. It also provides loan products, such as commercial real estate and other non-residential real estate, residential first mortgage, residential rental mortgage, construction and land development, home equity and second mortgage, commercial, consumer, and commercial equipment loans.
Community Financial Fundamentals Summary
| TCFC fundamental statistics | |
|---|---|
| Market Cap | US$201.24m |
| Earnings (TTM) | US$22.67m |
| Revenue (TTM) | US$68.85m |
8.9x
P/E Ratio1.0x
P/B RatioIs TCFC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TCFC income statement (TTM) | |
|---|---|
| Revenue | US$68.85m |
| Cost of Revenue | US$0 |
| Gross Profit | US$68.85m |
| Expenses | US$46.18m |
| Earnings | US$22.67m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.86 |
| Gross Margin | 100.00% |
| Net Profit Margin | 32.93% |
| Debt/Equity Ratio | 28.8% |
How did TCFC perform over the long term?
See historical performance and comparisonDividends
1.7%
Current Dividend Yield14%
Payout RatioValuation
Is Community Financial undervalued compared to its fair value and its price relative to the market?
14.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TCFC ($35.27) is trading below our estimate of fair value ($41.24)
Significantly Below Fair Value: TCFC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: TCFC is good value based on its PE Ratio (8.9x) compared to the US Banks industry average (10.7x).
PE vs Market: TCFC is good value based on its PE Ratio (8.9x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: TCFC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: TCFC is good value based on its PB Ratio (1x) compared to the US Banks industry average (1.1x).
Future Growth
How is Community Financial forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-4.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TCFC's earnings are forecast to decline over the next 3 years (-4.5% per year).
Earnings vs Market: TCFC's earnings are forecast to decline over the next 3 years (-4.5% per year).
High Growth Earnings: TCFC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TCFC's revenue (1.2% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: TCFC's revenue (1.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TCFC's Return on Equity is forecast to be low in 3 years time (9.5%).
Past Performance
How has Community Financial performed over the past 5 years?
23.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TCFC has high quality earnings.
Growing Profit Margin: TCFC's current net profit margins (32.9%) are higher than last year (25%).
Past Earnings Growth Analysis
Earnings Trend: TCFC's earnings have grown significantly by 23.7% per year over the past 5 years.
Accelerating Growth: TCFC's earnings growth over the past year (62.3%) exceeds its 5-year average (23.7% per year).
Earnings vs Industry: TCFC earnings growth over the past year (62.3%) exceeded the Banks industry 36%.
Return on Equity
High ROE: TCFC's Return on Equity (11.1%) is considered low.
Financial Health
How is Community 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
Financial Institutions Analysis
Asset Level: TCFC's Assets to Equity ratio (10.8x) is moderate.
Allowance for Bad Loans: TCFC has a sufficient allowance for bad loans (317%).
Low Risk Liabilities: 96% of TCFC's liabilities are made up of primarily low risk sources of funding.
Loan Level: TCFC has an appropriate level of Loans to Assets ratio (73%).
Low Risk Deposits: TCFC's Loans to Deposits ratio (84%) is appropriate.
Level of Bad Loans: TCFC has an appropriate level of bad loans (0.4%).
Dividend
What is Community Financial current dividend yield, its reliability and sustainability?
1.70%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TCFC's dividend (1.7%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: TCFC's dividend (1.7%) is low compared to the top 25% of dividend payers in the US market (3.63%).
Stability and Growth of Payments
Stable Dividend: TCFC's dividends per share have been stable in the past 10 years.
Growing Dividend: TCFC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.3%), TCFC's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TCFC's dividends in 3 years are forecast to be well covered by earnings (18.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average management tenure
CEO
Bill Pasenelli (62 yo)
7.17yrs
Tenure
US$998,721
Compensation
Mr. William J. Pasenelli, also known as Bill, has been the Chief Executive Officer of The Community Financial Corporation and its subsidiary Community Bank of the Chesapeake since July 1, 2014. Mr. Pasenel...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD998.72K) is about average for companies of similar size in the US market ($USD1.09M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: TCFC's management team is considered experienced (4.8 years average tenure).
Board Members
Experienced Board: TCFC's board of directors are considered experienced (3.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TCFC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
The Community Financial Corporation's employee growth, exchange listings and data sources
Key Information
- Name: The Community Financial Corporation
- Ticker: TCFC
- Exchange: NasdaqCM
- Founded: 1950
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$201.240m
- Shares outstanding: 5.72m
- Website: https://www.cbtc.com
Number of Employees
Location
- The Community Financial Corporation
- 3035 Leonardtown Road
- Waldorf
- Maryland
- 20601
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/23 23:01 |
| End of Day Share Price | 2021/09/23 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.