Loading...

Southwest Georgia Financial

AMEX:SGB
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SGB
AMEX
$49M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

Southwest Georgia Financial Corporation operates as the holding company for Southwest Georgia Bank that provides banking and financial services to individuals, businesses, and governmental customers. The last earnings update was 33 days ago. More info.


Add to Portfolio Compare Print
SGB Share Price and Events
7 Day Returns
-6.2%
AMEX:SGB
1.1%
US Banks
0.5%
US Market
1 Year Returns
-16.5%
AMEX:SGB
-8%
US Banks
0.8%
US Market
SGB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Southwest Georgia Financial (SGB) -6.2% -6.5% -3.5% -16.5% 28.4% 39.1%
US Banks 1.1% -0.6% -2.8% -8% 46.4% 40.3%
US Market 0.5% -0.1% 1% 0.8% 37.5% 37.5%
1 Year Return vs Industry and Market
  • SGB underperformed the Banks industry which returned -8% over the past year.
  • SGB underperformed the Market in United States of America which returned 0.8% over the past year.
Price Volatility
SGB
Industry
5yr Volatility vs Market

SGB Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Southwest Georgia Financial to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Southwest Georgia Financial.

AMEX:SGB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $16.10 * 9.9%
$1.59
Book Value of Equity per Share Median Book Value from the past 5 years. $16.10
Discount Rate (Cost of Equity) See below 7.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AMEX:SGB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.593 (1 + (1- 21%) (28.13%))
0.815
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.82
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.815 * 5.96%)
7.59%

Discounted Cash Flow Calculation for AMEX:SGB using Excess Returns Model Model

The calculations below outline how an intrinsic value for Southwest Georgia Financial is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

AMEX:SGB Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (9.9% – 7.59%) * $16.10)
$0.37
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $0.37 / (7.59% - 2.73%)
$7.56
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $16.10 + $7.56
$23.66
AMEX:SGB Discount to Share Price
Calculation Result
Value per share (USD) From above. $23.66
Current discount Discount to share price of $19.13
= -1 x ($19.13 - $23.66) / $23.66
19.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Southwest Georgia Financial is available for.
Intrinsic value
19%
Share price is $19.13 vs Future cash flow value of $23.66
Current Discount Checks
For Southwest Georgia Financial to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Southwest Georgia Financial's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Southwest Georgia Financial's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Southwest Georgia Financial's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Southwest Georgia Financial's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AMEX:SGB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $1.82
AMEX:SGB Share Price ** AMEX (2019-06-14) in USD $19.13
United States of America Banks Industry PE Ratio Median Figure of 600 Publicly-Listed Banks Companies 12.67x
United States of America Market PE Ratio Median Figure of 3,094 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Southwest Georgia Financial.

AMEX:SGB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AMEX:SGB Share Price ÷ EPS (both in USD)

= 19.13 ÷ 1.82

10.49x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Southwest Georgia Financial is good value based on earnings compared to the US Banks industry average.
  • Southwest Georgia Financial is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Southwest Georgia Financial's expected growth come at a high price?
Raw Data
AMEX:SGB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.49x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
4.7%per year
United States of America Banks Industry PEG Ratio Median Figure of 271 Publicly-Listed Banks Companies 1.37x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Southwest Georgia Financial, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Southwest Georgia Financial's assets?
Raw Data
AMEX:SGB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $17.78
AMEX:SGB Share Price * AMEX (2019-06-14) in USD $19.13
United States of America Banks Industry PB Ratio Median Figure of 603 Publicly-Listed Banks Companies 1.2x
United States of America Market PB Ratio Median Figure of 5,244 Publicly-Listed Companies 1.79x
AMEX:SGB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AMEX:SGB Share Price ÷ Book Value per Share (both in USD)

= 19.13 ÷ 17.78

1.08x

* Primary Listing of Southwest Georgia Financial.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Southwest Georgia Financial is good value based on assets compared to the US Banks industry average.
X
Value checks
We assess Southwest Georgia Financial's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Southwest Georgia Financial has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SGB Future Performance

 How is Southwest Georgia Financial expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Southwest Georgia Financial, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Southwest Georgia Financial expected to grow at an attractive rate?
  • Southwest Georgia Financial's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Southwest Georgia Financial's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Southwest Georgia Financial's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AMEX:SGB Future Growth Rates Data Sources
Data Point Source Value (per year)
AMEX:SGB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 4.7%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 3.8%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 3.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AMEX:SGB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AMEX:SGB Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 22 6 5
2018-12-31 22 7 5
2018-09-30 22 6 4
2018-06-30 21 6 4
2018-03-31 21 6 4
2017-12-31 21 6 4
2017-09-30 21 5 4
2017-06-30 21 6 4
2017-03-31 20 5 4
2016-12-31 20 5 4
2016-09-30 20 5 4
2016-06-30 19 5 4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Southwest Georgia Financial's earnings are expected to grow by 4.7% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Southwest Georgia Financial is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AMEX:SGB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Southwest Georgia Financial Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:SGB Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 1.82
2018-12-31 1.83
2018-09-30 1.67
2018-06-30 1.59
2018-03-31 1.56
2017-12-31 1.49
2017-09-30 1.61
2017-06-30 1.61
2017-03-31 1.59
2016-12-31 1.58
2016-09-30 1.52
2016-06-30 1.48

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Southwest Georgia Financial will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Southwest Georgia Financial's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Southwest Georgia Financial has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SGB Past Performance

  How has Southwest Georgia Financial performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Southwest Georgia Financial's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Southwest Georgia Financial's year on year earnings growth rate has been positive over the past 5 years.
  • Southwest Georgia Financial's 1-year earnings growth exceeds its 5-year average (16.8% vs 9%)
  • Southwest Georgia Financial's earnings growth has not exceeded the US Banks industry average in the past year (16.8% vs 39.5%).
Earnings and Revenue History
Southwest Georgia Financial's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Southwest Georgia Financial Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:SGB Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 22.15 4.64 13.65
2018-12-31 21.63 4.65 13.30
2018-09-30 21.56 4.24 12.91
2018-06-30 21.34 4.05 12.77
2018-03-31 21.21 3.97 12.74
2017-12-31 21.26 3.81 12.74
2017-09-30 20.96 4.09 12.64
2017-06-30 20.69 4.11 12.47
2017-03-31 20.28 4.05 12.27
2016-12-31 20.10 4.03 12.13
2016-09-30 19.69 3.88 11.94
2016-06-30 19.20 3.76 11.63
2016-03-31 18.82 3.61 11.41
2015-12-31 18.23 3.37 11.18
2015-09-30 18.03 3.19 11.21
2015-06-30 18.13 3.14 11.38
2015-03-31 18.12 3.01 11.44
2014-12-31 18.01 2.90 11.45
2014-09-30 18.36 3.22 11.46
2014-06-30 18.04 3.07 11.43
2014-03-31 17.72 2.91 11.43
2013-12-31 17.48 2.77 11.48
2013-09-30 16.98 2.43 11.32
2013-06-30 16.71 2.20 11.25
2013-03-31 16.88 1.93 11.85
2012-12-31 16.92 1.94 11.75
2012-09-30 16.45 1.69 11.67
2012-06-30 15.83 1.37 11.56

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Southwest Georgia Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Southwest Georgia Financial used its assets less efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if Southwest Georgia Financial improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Southwest Georgia Financial's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Southwest Georgia Financial has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SGB Health

 How is Southwest Georgia Financial's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Southwest Georgia Financial's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Southwest Georgia Financial Company Filings, last reported 2 months ago.

AMEX:SGB Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 45.26 13.70 51.75
2018-12-31 43.62 31.63 32.73
2018-09-30 42.45 42.77 27.50
2018-06-30 41.93 47.03 37.06
2018-03-31 41.33 47.03 50.97
2017-12-31 41.14 47.03 36.12
2017-09-30 41.02 46.89 22.27
2017-06-30 40.32 34.48 18.08
2017-03-31 39.30 34.48 26.47
2016-12-31 38.42 34.48 26.52
2016-09-30 39.09 35.33 33.02
2016-06-30 38.54 36.07 13.52
2016-03-31 37.52 36.07 17.36
2015-12-31 36.10 36.07 31.33
2015-09-30 36.50 30.07 22.52
2015-06-30 35.53 31.20 22.51
2015-03-31 35.34 27.20 31.12
2014-12-31 34.34 27.20 14.03
2014-09-30 33.54 33.20 25.05
2014-06-30 33.16 26.00 16.65
2014-03-31 32.31 29.00 51.71
2013-12-31 31.42 29.00 38.80
2013-09-30 30.81 29.00 36.66
2013-06-30 30.20 22.00 17.71
2013-03-31 30.35 22.00 44.46
2012-12-31 29.88 22.00 40.50
2012-09-30 29.12 22.00 36.81
2012-06-30 28.87 24.00 26.99
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Southwest Georgia Financial has an acceptable proportion of non-loan assets held.
  • Southwest Georgia Financial's liabilities are made up of primarily low risk sources of funding.
  • Loans at Southwest Georgia Financial are broadly funded by customer deposits.
  • Southwest Georgia Financial's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Southwest Georgia Financial has a sufficient allowance for bad loans.
  • Southwest Georgia Financial has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess Southwest Georgia Financial's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Southwest Georgia Financial has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SGB Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.51%
Current annual income from Southwest Georgia Financial dividends.
If you bought $2,000 of Southwest Georgia Financial shares you are expected to receive $50 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Southwest Georgia Financial's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
  • Southwest Georgia Financial's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AMEX:SGB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 478 Stocks 2.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AMEX:SGB Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-30 0.480 2.392
2019-02-27 0.480 2.329
2018-11-28 0.480 2.246
2018-08-29 0.480 2.084
2018-05-23 0.480 2.119
2018-02-28 0.440 2.106
2017-11-29 0.440 2.071
2017-08-23 0.440 2.159
2017-05-26 0.440 2.226
2017-02-23 0.440 2.031
2016-11-16 0.440 2.298
2016-08-24 0.440 2.719
2016-05-26 0.400 2.684
2016-02-24 0.400 2.755
2015-11-18 0.400 2.742
2015-08-26 0.400 2.661
2015-05-27 0.400 2.775
2015-02-27 0.400 2.912
2014-11-20 0.320 2.273
2014-08-28 0.320 2.364
2014-05-28 0.320 2.245
2014-02-27 0.320 2.333
2013-11-21 0.320 2.862
2013-09-04 0.160 1.631
2013-05-30 0.160 1.604
2013-02-28 0.160 1.574
2012-11-29 0.160 1.541
2012-08-31 0.160 1.822
2012-05-25 0.160 1.746
2012-02-23 0.160 1.704
2011-01-28 0.100 1.096
2010-01-29 0.100 0.990
2009-11-17 0.000 0.000
2009-10-26 0.000 0.000
2009-08-14 0.000 0.000
2009-07-22 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Southwest Georgia Financial has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Southwest Georgia Financial only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Southwest Georgia Financial's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.8x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Southwest Georgia Financial's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Southwest Georgia Financial afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Southwest Georgia Financial has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SGB Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
George Drew
COMPENSATION $518,249
AGE 61
TENURE AS CEO 17.1 years
CEO Bio

Mr. DeWitt Drew has been the President of Southwest Georgia Bank and Southwest Georgia Financial Corporation since 2001. Mr. Drew has been the Chief Executive Officer of Southwest Georgia Bank and Southwest Georgia Financial Corporation since May 2002. He serves as an Executive Director of Southwest Georgia Financial Corporation. He served as the Chief Operating Officer of Southwest Georgia Bank and Southwest Georgia Financial Corporation since 2001 and also served as its Executive Vice President since 1999. He served as Senior Vice President and Loan Administrator of Citizens Bank and Savings Corporation in Russellville, Alabama since 1993. He serves as a Director of Southwest Georgia Bank. Mr. Drew holds a Bachelor of Science degree in Business Administration with a concentration in Accounting from the University of South Alabama. He is a graduate of The Graduate School of Banking of the South at Louisiana State University. He has participated in various internal training workshops for directors.

CEO Compensation
  • George's compensation has been consistent with company performance over the past year, both up more than 20%.
  • George's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Southwest Georgia Financial management team in years:

7.9
Average Tenure
56.5
Average Age
  • The average tenure for the Southwest Georgia Financial management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

George Drew

TITLE
President
COMPENSATION
$518K
AGE
61
TENURE
17.1 yrs

Jeff Hanson

TITLE
Executive VP & Chief Banking Officer
COMPENSATION
$269K
AGE
52
TENURE
7.4 yrs

Donna Lott

TITLE
Executive VP & Chief Administrative Officer
AGE
42
TENURE
1.1 yrs

Charles Lemons

TITLE
CEO of Empire Financial Services Inc and President of Empire Financial Services Inc
COMPENSATION
$199K
AGE
66
TENURE
12.4 yrs

Robert Craft

TITLE
Vice President and Secretary

David Shiver

TITLE
President of Sylvester Region and Senior Vice President of Southwest Georgia Bank
AGE
68
TENURE
8.4 yrs

Karen Boyd

TITLE
Senior VP & Treasurer
AGE
49
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the Southwest Georgia Financial board of directors in years:

12.3
Average Tenure
63
Average Age
  • The average tenure for the Southwest Georgia Financial board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Roy Reeves

TITLE
Chairman of the Board
COMPENSATION
$39K
AGE
58
TENURE
2.1 yrs

George Drew

TITLE
President
COMPENSATION
$518K
AGE
61
TENURE
18.1 yrs

Cecil Barber

TITLE
Vice Chairman of the Board
COMPENSATION
$35K
AGE
53
TENURE
2.1 yrs

Richard Moss

TITLE
Director
COMPENSATION
$123K
AGE
66
TENURE
13.4 yrs

M. Wear

TITLE
Director
COMPENSATION
$27K
AGE
66
TENURE
12.3 yrs

John Cole

TITLE
Director
COMPENSATION
$320K
AGE
68
TENURE
12.4 yrs

Johnny Slocumb

TITLE
Director
COMPENSATION
$35K
AGE
65
TENURE
28.4 yrs

Marcus Wells

TITLE
Director
COMPENSATION
$27K
AGE
60
TENURE
12.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Southwest Georgia Financial's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Southwest Georgia Financial has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SGB News

Simply Wall St News

Are You An Income Investor? Don't Miss Out On Southwest Georgia Financial Corporation (NYSEMKT:SGB)

Investors might not know much about Southwest Georgia Financial's dividend prospects, even though it has been paying dividends for the last nine years and offers a 2.4% yield. … Southwest Georgia Financial has been growing its dividend quite rapidly, which is exciting. … Strong earnings per share (EPS) growth might encourage our interest in the company despite fluctuating dividends, which is why it's great to see Southwest Georgia Financial has grown its earnings per share at 11% per annum over the past five years. A company paying out less than a quarter of its earnings as dividends, and growing earnings at more than 10% per annum, looks to be right in the cusp of its growth phase. At the right price, we might be interested. Conclusion Dividend investors should always want to know if a) a company's dividends are affordable, b) if there is a track record of consistent payments, and c) if the dividend is capable of growing.

Simply Wall St -

Is Southwest Georgia Financial Corporation's (NYSEMKT:SGB) P/E Ratio Really That Good?

We'll show how you can use Southwest Georgia Financial Corporation's (NYSEMKT:SGB) P/E ratio to inform your assessment of the investment opportunity. … Southwest Georgia Financial has a price to earnings ratio of 11.26, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

What Type Of Shareholder Owns Southwest Georgia Financial Corporation's (NYSEMKT:SGB)?

A look at the shareholders of Southwest Georgia Financial Corporation (NYSEMKT:SGB) can tell us which group is most powerful. … With a market capitalization of US$53m, Southwest Georgia Financial is a small cap stock, so it might not be well known by many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

Can You Imagine How Southwest Georgia Financial's (NYSEMKT:SGB) Shareholders Feel About The 46% Share Price Increase?

It hasn't been the best quarter for Southwest Georgia Financial Corporation (NYSEMKT:SGB) shareholders, since the share price has fallen 11% in that time. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During five years of share price growth, Southwest Georgia Financial achieved compound earnings per share (EPS) growth of 11% per year.

Simply Wall St -

Does Southwest Georgia Financial Corporation's (NYSEMKT:SGB) CEO Salary Compare Well With Others?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does George Drew's Compensation Compare With Similar Sized Companies. … Our data indicates that Southwest Georgia Financial Corporation is worth US$53m, and total annual CEO compensation is US$456k.

Simply Wall St -

Why Southwest Georgia Financial Corporation (NYSEMKT:SGB) May Not Be As Risky Than You Think

As a small-cap bank with a market capitalisation of US$53m, Southwest Georgia Financial Corporation’s (NYSEMKT:SGB) profit and value are directly affected by economic activity. … Risk associate with repayment is measured by the level of bad debt which is an expense written off Southwest Georgia Financial’s bottom line. … Today we will analyse Southwest Georgia Financial’s level of bad debt and liabilities in order to understand the risk involved with investing in the bank.

Simply Wall St -

Here's What Southwest Georgia Financial Corporation's (NYSEMKT:SGB) P/E Ratio Is Telling Us

We'll show how you can use Southwest Georgia Financial Corporation's (NYSEMKT:SGB) P/E ratio to inform your assessment of the investment opportunity. … Southwest Georgia Financial has a price to earnings ratio of 12.08, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Should Southwest Georgia Financial Corporation (NYSEMKT:SGB) Be Part Of Your Dividend Portfolio?

Historically, Southwest Georgia Financial Corporation (NYSEMKT:SGB) has paid dividends to shareholders, and these days it yields 2.1%. … Does Southwest Georgia Financial tick all the boxes of a great dividend stock? … View our latest analysis for Southwest Georgia Financial

Simply Wall St -

What Did Southwest Georgia Financial Corporation's (NYSEMKT:SGB) CEO Take Home Last Year?

According to our data, Southwest Georgia Financial Corporation has a market capitalization of US$60m, and pays its CEO total annual compensation worth US$456k. … We examined a group of similar sized companies, with market capitalizations of below US$200m. … Thus we can conclude that George Drew receives more in total compensation than the median of a group of companies in the same market, and of similar size to Southwest Georgia Financial Corporation

Simply Wall St -

Risk Factors To Consider Before Investing In Southwest Georgia Financial Corporation (NYSEMKT:SGB)

Risk associated with repayment is measured by bad debt which is written off as an expense, impacting Southwest Georgia Financial’s bottom line. … Looking through a risk-lens is a useful way to assess the attractiveness of Southwest Georgia Financial's a stock investment. … Check out our latest analysis for Southwest Georgia Financial

Simply Wall St -

SGB Company Info

Description

Southwest Georgia Financial Corporation operates as the holding company for Southwest Georgia Bank that provides banking and financial services to individuals, businesses, and governmental customers. The company operates through four segments: Retail and Commercial Banking Services, Insurance Services, Wealth Strategies Services, and Financial Management Services. It offers deposit products, including consumer and commercial checking accounts, money market accounts, NOW accounts, savings accounts, noninterest-bearing and interest-bearing demand deposits, and time deposits, as well as certificates of deposit and business accounts. The company also provides secured and unsecured loans; consumer installment loans, and construction and mortgage loans; and financial and agricultural loans, as well as lines of credit. In addition, it offers corporate, pension, and personal trust services, as well as acts as trustee, executor, and administrator for estates and as an administrator or trustee of various types of employee benefit plans for corporations and other organizations. Further, the company provides retail brokerage services, which include sale of retail investment products comprising stocks, bonds, mutual funds, and annuities; property and casualty, life, health, and disability insurance services; and investment securities management services. The company’s primary market area comprises Colquitt, Baker, Lowndes, Tift, Worth, and the surrounding counties of southwest Georgia. It operates through five full service banking facilities and six automated teller machines, as well as a loan production office in Tifton, Georgia. The company was founded in 1928 and is headquartered in Moultrie, Georgia.

Details
Name: Southwest Georgia Financial Corporation
SGB
Exchange: AMEX
Founded: 1928
$48,700,694
2,545,776
Website: http://www.sgb.bank
Address: Southwest Georgia Financial Corporation
201 First Street, SE,
Moultrie,
Georgia, 31768,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX SGB Common Stock NYSE MKT LLC US USD 30. Aug 1996
Number of employees
Current staff
Staff numbers
121
Southwest Georgia Financial employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 23:44
End of day share price update: 2019/06/14 00:00
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.