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TCFC

Community FinancialNasdaqCM:TCFC Stock Report

Market Cap

US$201.2m

7D

1.2%

1Y

68.0%

Updated

23 Sep, 2021

Data

Company Financials +
TCFC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends5/6

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

Summary of all time highs, changes and price drops for Community Financial
Historical stock prices
Current Share PriceUS$35.27
52 Week HighUS$20.00
52 Week LowUS$39.00
Beta1.0
1 Month Change-3.98%
3 Month Change1.06%
1 Year Change67.95%
3 Year Change5.50%
5 Year Change52.98%
Change since IPO385.86%

Recent News & Updates

Shareholder Returns

TCFCUS BanksUS Market
7D1.2%2.5%-0.5%
1Y68.0%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

Is TCFC's price volatile compared to industry and market?
TCFC volatility
TCFC Beta1
Industry Beta1.37
Market Beta1

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

FoundedEmployeesCEOWebsite
1950189Bill Pasenellihttps://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

How do Community Financial's earnings and revenue compare to its market cap?
TCFC fundamental statistics
Market CapUS$201.24m
Earnings (TTM)US$22.67m
Revenue (TTM)US$68.85m

8.9x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TCFC income statement (TTM)
RevenueUS$68.85m
Cost of RevenueUS$0
Gross ProfitUS$68.85m
ExpensesUS$46.18m
EarningsUS$22.67m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.86
Gross Margin100.00%
Net Profit Margin32.93%
Debt/Equity Ratio28.8%

How did TCFC perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

14%

Payout Ratio

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 23:01
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.