NasdaqCM:TCFC

Stock Analysis Report

Executive Summary

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.

Snowflake

Fundamentals

Flawless balance sheet established dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.2%

NasdaqCM:TCFC

-1.8%

US Banks

0.2%

US Market


1 Year Return

-5.9%

NasdaqCM:TCFC

-15.3%

US Banks

-0.7%

US Market

TCFC outperformed the Banks industry which returned -15.3% over the past year.

TCFC underperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

TCFCIndustryMarket
7 Day-0.2%-1.8%0.2%
30 Day-2.0%-6.4%-2.7%
90 Day2.0%-4.0%1.6%
1 Year-4.4%-5.9%-12.9%-15.3%1.6%-0.7%
3 Year47.0%41.3%41.3%31.7%40.0%30.9%
5 Year59.5%47.7%50.8%34.5%53.8%36.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

11.59x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Community Financial is good value based on earnings compared to the US Banks industry average.

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


Price Based on Expected Growth

Community Financial is poor value based on expected growth next year.


Price Based on Value of Assets

Community Financial is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

7.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Community Financial's revenue is expected to grow by 7.3% yearly, however this is not considered high growth (20% yearly).

Community Financial's earnings are expected to grow by 7.7% yearly, however this is not considered high growth (20% yearly).

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

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

Community 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

Community Financial is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Community Financial performed over the past 5 years?

14.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Community Financial's year on year earnings growth rate has been positive over the past 5 years.

Community Financial's 1-year earnings growth exceeds its 5-year average (158.1% vs 14.2%)

Community Financial's earnings growth has exceeded the US Banks industry average in the past year (158.1% vs 33.2%).


Return on Equity

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


Return on Assets

Community 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 Community 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 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

Information is not available.

Information is not available.


Financial Institutions Analysis

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

Community Financial has a sufficient allowance for bad loans.

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

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

Loans at Community Financial are broadly funded by customer deposits.

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


Next Steps

Dividend

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

1.65%

Expected Dividend Yield


Dividend Yield and Payments Analysis

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

Community Financial's dividend is below the markets top 25% of dividend payers in United States of America (3.85%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (5.8x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (5.7x coverage).


Next Steps

Management

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

4.3yrs

Average management tenure


CEO

Bill Pasenelli (60yo)

5.1yrs

Tenure

US$2,690,001

Compensation

Mr. William J. Pasenelli, as known as Bill, has been the Chief Executive Officer of The Community Financial Corporation and its subsidiary Community Bank of the Chesapeake since June 2014. Mr. Pasenelli se ...


CEO Compensation Analysis

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

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


Management Age and Tenure

4.3yrs

Average Tenure

52yo

Average Age

The tenure for the Community Financial management team is about average.


Board Age and Tenure

6.6yrs

Average Tenure

63yo

Average Age

The tenure for the Community Financial board of directors is about average.


Insider Trading

Community Financial individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$124,20030 May 19
James Di Misa
EntityIndividual
Role
Senior Key Executive
Shares4,000
Max PriceUS$31.05
BuyUS$3,03001 May 19
John Parlett
EntityIndividual
Role
Member of the Board of Directors
Director
Shares100
Max PriceUS$30.39
SellUS$150,55028 Feb 19
Michael Middleton
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares5,000
Max PriceUS$30.11
SellUS$153,84121 Feb 19
Michael Middleton
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares5,100
Max PriceUS$30.21
SellUS$114,20819 Feb 19
Michael Middleton
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares3,800
Max PriceUS$30.15
SellUS$33,00014 Feb 19
Michael Middleton
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares1,100
Max PriceUS$30.00
SellUS$332,66727 Nov 18
Michael Middleton
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares11,002
Max PriceUS$30.24
BuyUS$13,01602 Nov 18
John Parlett
EntityIndividual
Role
Member of the Board of Directors
Director
Shares430
Max PriceUS$30.27
BuyUS$8,39231 Aug 18
Michael Middleton
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares250
Max PriceUS$33.64

Ownership Breakdown


Management Team

  • Jim Burke (51yo)

    Executive VP & Chief Risk Officer

    • Tenure: 3.6yrs
    • Compensation: US$488.56k
  • Bill Pasenelli (60yo)

    Vice Chairman

    • Tenure: 5.1yrs
    • Compensation: US$2.69m
  • Jim Di Misa (60yo)

    • Tenure: 0.0yrs
    • Compensation: US$563.63k
  • Todd Capitani (52yo)

    Executive VP & CFO

    • Tenure: 5.1yrs
    • Compensation: US$479.76k
  • Christy Lombardi (42yo)

    Executive VP

    • Tenure: 0.4yrs
  • Marlene Smith

    Executive Assistant

    • Tenure: 0.0yrs

Board Members

  • Mike Middleton (71yo)

    Chairman of the Board

    • Tenure: 5.2yrs
    • Compensation: US$52.32k
  • Joe Slater (65yo)

    Director

    • Tenure: 16.6yrs
    • Compensation: US$50.13k
  • Bill Pasenelli (60yo)

    Vice Chairman

    • Tenure: 5.1yrs
    • Compensation: US$2.69m
  • Louis Jenkins (47yo)

    Director

    • Tenure: 19.6yrs
    • Compensation: US$49.73k
  • Joe Stone (64yo)

    Lead Director

    • Tenure: 13.6yrs
    • Compensation: US$56.76k
  • Mary Peterson (64yo)

    Director

    • Tenure: 9.0yrs
    • Compensation: US$47.90k
  • Larry Sanders (62yo)

    Director

    • Tenure: 1.6yrs
    • Compensation: US$42.23k
  • Kate Zabriskie (47yo)

    Director

    • Tenure: 2.5yrs
    • Compensation: US$44.73k
  • Mohammad Javaid (63yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: US$36.00k
  • John Parlett (63yo)

    Director

    • Tenure: 2.5yrs
    • Compensation: US$43.50k

Company Information

The Community Financial Corporation's company bio, 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$176.718m
  • Shares outstanding: 5.58m
  • Website: https://www.cbtc.com

Number of Employees


Location

  • The Community Financial Corporation
  • 3035 Leonardtown Road
  • Waldorf
  • Maryland
  • 20601
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TCFCNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJan 2002

Biography

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. Its deposit ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 23:49
End of Day Share Price2019/08/21 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.