OTCPK:AMBZ

Stock Analysis Report

American Business Bank

Executive Summary

American Business Bank provides various banking and financial services to wholesalers, manufacturers, businesses, professionals, and non-profits in California.


Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

How has American Business Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AMBZ has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

AMBZ

-1.2%

US Banks

-1.1%

US Market


1 Year Return

-3.4%

AMBZ

10.3%

US Banks

17.9%

US Market

Return vs Industry: AMBZ underperformed the US Banks industry which returned 10.3% over the past year.

Return vs Market: AMBZ underperformed the US Market which returned 17.9% over the past year.


Shareholder returns

AMBZIndustryMarket
7 Day0%-1.2%-1.1%
30 Day0.7%-0.3%1.4%
90 Day4.9%-0.9%6.9%
1 Year-3.4%-3.4%13.5%10.3%20.3%17.9%
3 Year-0.6%-0.6%24.0%15.1%47.8%38.3%
5 Year55.8%55.8%73.8%54.1%71.9%53.0%

Price Volatility Vs. Market

How volatile is American Business Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is American Business Bank undervalued compared to its fair value and its price relative to the market?

13.01x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AMBZ's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AMBZ's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AMBZ is poor value based on its PE Ratio (13x) compared to the Banks industry average (12.6x).

PE vs Market: AMBZ is good value based on its PE Ratio (13x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AMBZ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AMBZ is overvalued based on its PB Ratio (1.4x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is American Business Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.2%

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 American Business Bank 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.


Next Steps

Past Performance

How has American Business Bank performed over the past 5 years?

10.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMBZ has a high level of non-cash earnings.

Growing Profit Margin: AMBZ's current net profit margins (27.3%) are higher than last year (24.4%).


Past Earnings Growth Analysis

Earnings Trend: AMBZ's earnings have grown by 10.9% per year over the past 5 years.

Accelerating Growth: AMBZ's earnings growth over the past year (34.7%) exceeds its 5-year average (10.9% per year).

Earnings vs Industry: AMBZ earnings growth over the past year (34.7%) exceeded the Banks industry 12.2%.


Return on Equity

High ROE: AMBZ's Return on Equity (10.7%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is American Business Bank'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

Inventory Level: AMBZ has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if AMBZ's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: AMBZ's level of assets compared to its equity is moderate.

Allowance for Bad Loans: AMBZ has a sufficient allowance for bad loans.

Low Risk Liabilities: AMBZ's liabilities are made up of primarily low risk sources of funding.

Loan Level: AMBZ has an acceptable proportion of non-loan assets held.

Low Risk Deposits: AMBZ's loans are broadly funded by customer deposits.

Level of Bad Loans: AMBZ has an appropriate level of bad loans (0.12%)


Next Steps

Dividend

What is American Business Bank's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate AMBZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate AMBZ's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AMBZ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AMBZ's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AMBZ's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Leon Blankstein (60yo)

7.1yrs

Tenure

0

Mr. Leon I. Blankstein serves as the President, Chief Executive Officer and Director of American Business Bank (the “Bank”). He was one of the original Organizers and Founders of the Bank. After obtaining  ...


Leadership Team

NamePositionTenureCompensationOwnership
Leon Blankstein
President7.1yrsno datano data
Donald Johnson
Co-Founder & Vice Chairman7.1yrsno datano data
Karen Schoenbaum
Executive VP & CFO2.3yrsno datano data
Suzanne Dondanville
Executive VP & COO0yrsno datano data
Patti Vollmer
Executive VP & Chief Credit Officer0yrsno datano data
Philip Feghali
Executive Vice President0yrsno datano data
Erik Dickerson
Regional Executive Vice President0yrsno datano data
Gary Coleman
Senior VP & Senior Relationship Manager1.8yrsno datano data
Kenneth Bettencourt
Regional Senior VP & Senior Relationship Manager0yrsno datano data
David Wolf
Executive Vice President3.8yrsno datano data

3.1yrs

Average Tenure

60yo

Average Age

Experienced Management: AMBZ's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Leon Blankstein
President7.1yrsno datano data
Donald Johnson
Co-Founder & Vice Chairman7.1yrsno datano data
Robert Schack
Chairman Emeritus0.9yrsno datano data
Jon Schlobom
Independent Director0yrsno datano data
Trent Merrill
Independent Director0yrsno datano data
Robert Usdan
Chairman0.9yrsno datano data
Edith Matthai
Independent Director0yrsno datano data
Gaurav Malhotra
Independent Director4.1yrsno datano data
Pasy Wang
Director1yrsno datano data
Javier Sanchez
Director1yrsno datano data

1.0yrs

Average Tenure

60yo

Average Age

Experienced Board: AMBZ's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.2%.


Top Shareholders

Company Information

American Business Bank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: American Business Bank
  • Ticker: AMBZ
  • Exchange: OTCPK
  • Founded: 1998
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$283.381m
  • Shares outstanding: 7.86m
  • Website: https://www.americanbb.bank

Number of Employees


Location

  • American Business Bank
  • 400 South Hope Street
  • Suite 300
  • Los Angeles
  • California
  • 90071
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMBZOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 1999

Biography

American Business Bank provides various banking and financial services to wholesalers, manufacturers, businesses, professionals, and non-profits in California. Its deposit products include checking, money market, savings, business demand deposit, business money market, special deposit, zero balance, and sweep accounts, as well as certificates of deposit. The company’s loan products comprise personal loans, lines of credit, short term working capital lines, term loans, commercial/industrial real estate loans, and accounts receivable lines. It also offers various services, such as telephone notification, lock box processing, investment, courier, remote deposit, consulting, general business advice, investment banking, investment management, equipment leasing, residential mortgage lending, and professional referral services, as well as online banking services consisting of bill payment, fund transfer, account information, automatic clearing house origination, stop payment, and wire transfer services; and provides credit cards and ATM cards. In addition, the company offers international banking services, including international money transfer, letters of credit, foreign currency deposit, documentary and cleaning collection, and foreign currency exchange services. It operates through five loan production offices in Anaheim, Irvine, Torrance, the Warner Center, and Ontario. American Business Bank was founded in 1998 and is headquartered in Los Angeles, California. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 00:43
End of Day Share Price2020/02/21 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.