Community Financial
Market Cap
US$141.6m
Last Updated
2020/06/06 02:28 UTC
Data Sources
Company Financials +
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.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet, good value and pays a dividend.
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
Stable Share Price: TCFC's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
1.1%
TCFC
14.5%
US Banks
4.3%
US Market
1 Year Return
-23.1%
TCFC
-10.9%
US Banks
10.3%
US Market
Return vs Industry: TCFC underperformed the US Banks industry which returned -15.5% over the past year.
Return vs Market: TCFC underperformed the US Market which returned 8.9% over the past year.
Shareholder returns
| TCFC | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.1% | 14.5% | 4.3% |
| 30 Day | 7.4% | 22.8% | 11.5% |
| 90 Day | -19.8% | -0.7% | 7.4% |
| 1 Year | -21.7%-23.1% | -7.8%-10.9% | 12.7%10.3% |
| 3 Year | -30.9%-33.8% | 0.1%-7.7% | 37.1%28.0% |
| 5 Year | 28.4%19.0% | 26.3%11.2% | 64.7%46.2% |
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
1 week ago | Simply Wall St
The Case For The Community Financial Corporation (NASDAQ:TCFC): Could It Be A Nice Addition To Your Dividend Portfolio?3 weeks ago | Simply Wall St
Analysts' Revenue Estimates For The Community Financial Corporation (NASDAQ:TCFC) Are Surging Higher1 month ago | Simply Wall St
The Community Financial (NASDAQ:TCFC) Share Price Is Down 38% So Some Shareholders Are Getting WorriedValuation
Is Community Financial undervalued compared to its fair value and its price relative to the market?
11.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TCFC ($23.96) is trading below our estimate of fair value ($27.1)
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 (9.6x) compared to the Banks industry average (9.8x).
PE vs Market: TCFC is good value based on its PE Ratio (9.6x) compared to the US market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: TCFC is poor value based on its PEG Ratio (6.1x)
Price to Book Ratio
PB vs Industry: TCFC is good value based on its PB Ratio (0.8x) compared to the US Banks industry average (0.8x).
Next Steps
Future Growth
How is Community Financial forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
1.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TCFC's forecast earnings growth (1.6% per year) is below the savings rate (2.2%).
Earnings vs Market: TCFC's earnings (1.6% per year) are forecast to grow slower than the US market (22.3% per year).
High Growth Earnings: TCFC's earnings are forecast to grow, but not significantly.
Revenue vs Market: TCFC's revenue (8.6% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: TCFC's revenue (8.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TCFC's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Community Financial performed over the past 5 years?
20.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TCFC has high quality earnings.
Growing Profit Margin: TCFC's current net profit margins (25.3%) are lower than last year (25.9%).
Past Earnings Growth Analysis
Earnings Trend: TCFC's earnings have grown by 20% per year over the past 5 years.
Accelerating Growth: TCFC's earnings growth over the past year (1.8%) is below its 5-year average (20% per year).
Earnings vs Industry: TCFC earnings growth over the past year (1.8%) underperformed the Banks industry 2.8%.
Return on Equity
High ROE: TCFC's Return on Equity (7.6%) is considered low.
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
Financial Institutions Analysis
Asset Level: TCFC's Assets to Equity ratio (9.9x) is low.
Allowance for Bad Loans: TCFC has a sufficient allowance for bad loans (117%).
Low Risk Liabilities: 92% 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 (81%).
Low Risk Deposits: TCFC's Loans to Deposits ratio (98%) is appropriate.
Level of Bad Loans: TCFC has an appropriate level of bad loans (0.9%).
Next Steps
Dividend
What is Community Financial's current dividend yield, its reliability and sustainability?
2.09%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TCFC's dividend (2.09%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: TCFC's dividend (2.09%) is low compared to the top 25% of dividend payers in the US market (4.32%).
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 (19.9%), TCFC'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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average management tenure
CEO
Bill Pasenelli (60yo)
5.92yrs
Tenure
US$1,006,194
Compensation
Mr. William J. Pasenelli, as known as Bill, has been the Chief Executive Officer of The Community Financial Corporation and its subsidiary Community Bank of the Chesapeake since June 2014. Mr. Pasenelli se ...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD1.01M) is above average for companies of similar size in the US market ($USD577.87K).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman | 5.92yrs | US$1.01m | 0.88% $1.2m | |
| Executive VP & Chief Risk Officer | 4.42yrs | US$525.19k | 0.36% $514.0k | |
| Executive VP & CFO | 5.92yrs | US$479.76k | 0.20% $285.0k | |
| Executive VP | 1.25yrs | no data | 0.18% $260.6k | |
| Executive Assistant | no data | no data | no data |
5.2yrs
Average Tenure
51.5yo
Average Age
Experienced Management: TCFC's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman | 5.92yrs | US$1.01m | 0.88% $1.2m | |
| Chairman of the Board | 6yrs | US$62.14k | 3.86% $5.5m | |
| Lead Independent Director | 0.67yr | US$51.13k | 0.42% $592.2k | |
| Independent Director | 20.42yrs | US$50.00k | 0.34% $483.7k | |
| Independent Director | 13.92yrs | US$65.32k | 0.57% $806.3k | |
| Independent Director | 9.83yrs | US$55.03k | 0.14% $197.3k | |
| Independent Director | 2.42yrs | US$48.28k | 0.46% $649.8k | |
| Independent Director | 3.33yrs | US$45.60k | 0.072% $102.1k | |
| Independent Director | 7.42yrs | US$43.14k | 0.067% $95.5k | |
| Director | 0.75yr | US$22.13k | 0.0064% $9.1k |
6.0yrs
Average Tenure
63yo
Average Age
Experienced Board: TCFC's board of directors are considered experienced (6 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 been diluted in the past year, with total shares outstanding growing by 5.9%.
Top Shareholders
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$141.646m
- Shares outstanding: 5.91m
- Website: https://www.cbtc.com
Number of Employees
Location
- The Community Financial Corporation
- 3035 Leonardtown Road
- Waldorf
- Maryland
- 20601
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TCFC | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Jan 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 products include savings, money market, demand deposit, IRA, SEP, and time deposit accounts. The company 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. It also offers safe deposit box, night depository, cash vault, automated clearinghouse transaction, wire transfer, automated teller machine (ATM), online and telephone banking, retail and business mobile banking, remote deposit capture, reciprocal deposit, merchant card, credit monitoring, investment, positive pay, payroll, account reconciliation, bill pay, credit card, and lockbox services. As of December 31, 2019, it operated 12 banking centers in Waldorf, Bryans Road, Dunkirk, Leonardtown, La Plata, Charlotte Hall, Prince Frederick, Lusby, and California, Maryland, as well as Fredericksburg, Virginia; four loan production offices in La Plata, Prince Frederick, and Leonardtown, Maryland, as well as Fredericksburg, Virginia; and 15 ATMs. The company was formerly known as Tri-County Financial Corporation and changed its name to The Community Financial Corporation in October 2013. The Community Financial Corporation was founded in 1950 and is headquartered in Waldorf, Maryland.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/06 02:28 |
| End of Day Share Price | 2020/06/05 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.