WVS Financial Corp. operates as the bank holding company for West View Savings Bank that provides various banking products and services to individuals and businesses. More Details
Excellent balance sheet and fair value.
Share Price & News
How has WVS Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WVFC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: WVFC exceeded the US Mortgage industry which returned -22.9% over the past year.
Return vs Market: WVFC underperformed the US Market which returned 12.9% over the past year.
Price Volatility Vs. Market
How volatile is WVS Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StBe Sure To Check Out WVS Financial Corp. (NASDAQ:WVFC) Before It Goes Ex-Dividend
3 months ago | Simply Wall StShould You Be Pleased About The CEO Pay At WVS Financial Corp.'s (NASDAQ:WVFC)
4 months ago | Simply Wall StThere's A Lot To Like About WVS Financial Corp.'s (NASDAQ:WVFC) Upcoming US$0.10 Dividend
Is WVS Financial 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: WVFC ($13.11) is trading above our estimate of fair value ($8.01)
Significantly Below Fair Value: WVFC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WVFC is good value based on its PE Ratio (9.3x) compared to the US Mortgage industry average (11.1x).
PE vs Market: WVFC is good value based on its PE Ratio (9.3x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WVFC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WVFC is good value based on its PB Ratio (0.6x) compared to the US Mortgage industry average (0.8x).
How is WVS Financial 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 WVS Financial 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 WVS Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WVFC has high quality earnings.
Growing Profit Margin: WVFC's current net profit margins (36%) are lower than last year (37.2%).
Past Earnings Growth Analysis
Earnings Trend: WVFC's earnings have grown by 18.4% per year over the past 5 years.
Accelerating Growth: WVFC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WVFC had negative earnings growth (-10.9%) over the past year, making it difficult to compare to the Mortgage industry average (6.9%).
Return on Equity
High ROE: WVFC's Return on Equity (6.7%) is considered low.
How is WVS Financial'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: WVFC's Assets to Equity ratio (9.7x) is low.
Allowance for Bad Loans: WVFC has a sufficient allowance for bad loans (244%).
Low Risk Liabilities: 53% of WVFC's liabilities are made up of primarily higher risk sources of funding.
Loan Level: WVFC has an appropriate level of Loans to Assets ratio (25%).
Low Risk Deposits: WVFC's Loans to Deposits ratio (61%) is appropriate.
Level of Bad Loans: WVFC has an appropriate level of bad loans (0.2%).
What is WVS Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WVFC's dividend (3.05%) is higher than the bottom 25% of dividend payers in the US market (1.66%).
High Dividend: WVFC's dividend (3.05%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Stability and Growth of Payments
Stable Dividend: WVFC's dividend payments have been volatile in the past 10 years.
Growing Dividend: WVFC's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.4%), WVFC'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 management tenure
Dave Bursic (58 yo)
Mr. David J. Bursic, also known as Dave, serves as President, Chief Executive Officer and Chief Financial Officer of WVS Financial Corp. and West View Savings Bank. Mr. Bursic also serves as Director at WV ...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD547.94K) is about average for companies of similar size in the US market ($USD589.04K).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
|Vice Chairman||22.25yrs||US$547.94k||11.89% |
|Senior VP of Operations & Corporate Secretary||7.83yrs||US$179.92k||0.39% |
|VP, Treasurer & Chief Accounting Officer||4.08yrs||US$112.44k||0.10% |
Experienced Management: WVFC's management team is seasoned and experienced (7.8 years average tenure).
|Vice Chairman||22.25yrs||US$547.94k||11.89% |
|Independent Chairman of the Board||no data||US$37.16k||0.41% |
|Director Emeritus||no data||US$20.76k||no data|
|Independent Director||18.67yrs||US$32.76k||0.43% |
|Ex-Officio||no data||US$13.12k||0% |
|Independent Director||5.42yrs||US$32.76k||0.79% |
|Independent Director||6.83yrs||US$32.76k||0.11% |
Experienced Board: WVFC's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
WVS Financial Corp.'s company bio, employee growth, exchange listings and data sources
- Name: WVS Financial Corp.
- Ticker: WVFC
- Exchange: NasdaqGM
- Founded: 1993
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$22.835m
- Shares outstanding: 1.74m
- Website: https://www.wvsbank.com
Number of Employees
- WVS Financial Corp.
- 9001 Perry Highway
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WVFC||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Nov 1993|
WVS Financial Corp. operates as the bank holding company for West View Savings Bank that provides various banking products and services to individuals and businesses. The company accepts various deposit pr ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/22 05:42|
|End of Day Share Price||2020/09/18 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.