OTCPK:AMFC

Stock Analysis Report

Executive Summary

AMB Financial Corp. operates as the bank holding company for American Community Bank of Indiana that provides financial services to customers primarily located within northwest Indiana.


Snowflake Analysis

Excellent balance sheet and good value.

Share Price & News

How has AMB Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AMFC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-11.0%

AMFC

-7.0%

US Banks

-2.6%

US Market


1 Year Return

-28.0%

AMFC

-32.9%

US Banks

-13.3%

US Market

Return vs Industry: AMFC exceeded the US Banks industry which returned -34.8% over the past year.

Return vs Market: AMFC underperformed the US Market which returned -15.9% over the past year.


Shareholder returns

AMFCIndustryMarket
7 Day-11.0%-7.0%-2.6%
30 Day-28.6%-24.6%-15.2%
90 Day-27.1%-41.9%-22.2%
1 Year-28.0%-28.0%-30.8%-32.9%-11.5%-13.3%
3 Year-30.0%-30.6%-21.4%-27.3%13.2%5.7%
5 Year22.1%18.5%2.7%-9.2%31.8%17.2%

Price Volatility Vs. Market

How volatile is AMB Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is AMB Financial undervalued compared to its fair value and its price relative to the market?

36.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AMFC ($12.5) is trading below our estimate of fair value ($19.67)

Significantly Below Fair Value: AMFC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AMFC is poor value based on its PE Ratio (9x) compared to the Banks industry average (8.5x).

PE vs Market: AMFC is good value based on its PE Ratio (9x) compared to the US market (12.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AMFC is good value based on its PB Ratio (0.6x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

How is AMB Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-2.8%

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 AMB 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.


Next Steps

  • Examine whether AMB Financial is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access AMB Financial's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has AMB Financial performed over the past 5 years?

0.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMFC has high quality earnings.

Growing Profit Margin: AMFC's current net profit margins (15.2%) are lower than last year (15.3%).


Past Earnings Growth Analysis

Earnings Trend: AMFC's earnings have grown by 0.5% per year over the past 5 years.

Accelerating Growth: AMFC's earnings growth over the past year (3.8%) exceeds its 5-year average (0.5% per year).

Earnings vs Industry: AMFC earnings growth over the past year (3.8%) underperformed the Banks industry 10.9%.


Return on Equity

High ROE: AMFC's Return on Equity (6.9%) is considered low.


Next Steps

Financial Health

How is AMB 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: AMFC's level of assets compared to its equity is moderate.

Allowance for Bad Loans: AMFC has a low allowance for bad loans.

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

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

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

Level of Bad Loans: AMFC has an appropriate level of bad loans (1.53%)


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate AMFC'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 AMFC's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: AMFC is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AMFC'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?

12.6yrs

Average management tenure


CEO

Mike Mellon (49yo)

12.33s

Tenure

US$157,890

Compensation

Mr. Michael J. Mellon, also known as Mike has been the Chief Executive Officer and President of AMB Financial Corp., a subsidiary of American Savings, FSB., since December 8, 2007 and has been its Chairman ...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Mellon
Chairman12.33yrsUS$157.89k5.44% $656.2k
Steven Bohn
VP & CFO12.58yrsUS$101.67k2.2% $265.1k
Robert Genader
Executive Officerno datano datano data
Denise Knapp
Corporate Secretary & Director2.58yrsno data15% $1.8m

12.6yrs

Average Tenure

65.5yo

Average Age

Experienced Management: AMFC's management team is seasoned and experienced (12.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Mellon
Chairman12.33yrsUS$157.89k5.44% $656.2k
Denise Knapp
Corporate Secretary & Director2.58yrsno data15% $1.8m
Donald Harle
Independent Director24.33yrsUS$14.65k3.47% $418.4k
Thomas Corsiglia
Independent Director13.17yrsUS$12.47k1.43% $172.1k
Michael Purcell
Independent Director7.58yrsno data0.40% $47.8k
Kenneth Reed
Director3.17yrsno data0.11% $13.8k
Dana Dumezich
Director0.33yrno datano data

3.2yrs

Average Tenure

54yo

Average Age

Experienced Board: AMFC's board of directors are considered experienced (3.2 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

AMB Financial Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AMB Financial Corp.
  • Ticker: AMFC
  • Exchange: OTCPK
  • Founded: 1910
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$12.067m
  • Shares outstanding: 965.35k
  • Website: https://www.acbanker.com

Location

  • AMB Financial Corp.
  • 7880 Wicker Avenue
  • Suite 101
  • St. John
  • Indiana
  • 46373
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMFCOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 1996

Biography

AMB Financial Corp. operates as the bank holding company for American Community Bank of Indiana that provides financial services to customers primarily located within northwest Indiana. It offers savings, checking, individual retirement, and money market deposit accounts; and certificates of deposit. The company also provides mortgage loans on improved property; commercial and residential construction, undeveloped land, land development, lot, term, home equity, and vehicle loans; and revolving lines of credit, letters of credit, small business administration loan programs, mortgage lending services, and home equity lines of credit. In addition, it offers merchant, remote deposit, receivables financing, and ACH banking services; online, mobile, voice, and youth banking services; investment, estate, business, and personal financial planning services; debit/ATM and credit cards; money order and e-statement services; cashier’s checks; and safe deposit boxes. The company provides its products and services through its main office in Indiana, as well as through its four full-service banking offices located in Munster, Dyer, Hammond, and Crown Point, Indiana. AMB Financial Corp. was founded in 1910 and is headquartered in St. John, Indiana. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 01:32
End of Day Share Price2020/04/03 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.