OTCPK:BBBK

Stock Analysis Report

Executive Summary

Baker Boyer Bancorp operates as the bank holding company for Baker Boyer National Bank that provides various banking services primarily in the greater Walla Walla and Columbia Valley area of southeastern Washington and northeastern Oregon.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.

Share Price & News

How has Baker Boyer Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-8.7%

BBBK

1.4%

US Banks

1.0%

US Market


1 Year Return

3.8%

BBBK

0.2%

US Banks

6.7%

US Market

Return vs Industry: BBBK exceeded the US Banks industry which returned 0.2% over the past year.

Return vs Market: BBBK underperformed the US Market which returned 6.7% over the past year.


Share holder returns

BBBKIndustryMarket
7 Day-8.7%1.4%1.0%
30 Day-3.5%-2.6%-1.8%
90 Day-0.7%0.8%-1.8%
1 Year9.2%3.8%3.1%0.2%9.1%6.7%
3 Year7.8%-6.2%52.0%41.5%46.0%36.6%
5 Year20.2%-3.9%69.7%51.2%66.9%48.6%

Price Volatility Vs. Market

How volatile is Baker Boyer Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Baker Boyer Bancorp undervalued based on future cash flows and its price relative to the stock market?

0.917%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Undervalued: BBBK ($68.5) is trading below our estimate of fair value ($69.13)

Significantly Undervalued: BBBK is trading below fair value, but not by a significant amount.


Price Based on Earnings

PE vs Industry: BBBK is good value based on its PE Ratio (11.9x) compared to the Banks industry average (12.5x).

PE vs Market: BBBK is good value based on its PE Ratio (11.9x) compared to the US market (17.5x).


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: BBBK is overvalued based on its PB Ratio (1.5x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Baker Boyer Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-2.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: BBBK's earnings are forecast to decline over the next 3 years (-2.8% per year).

Earnings vs Market: BBBK's earnings are forecast to decline over the next 3 years (-2.8% per year).

High Growth Earnings: BBBK's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if BBBK's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if BBBK's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: Insufficient data to determine if BBBK's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Baker Boyer Bancorp performed over the past 5 years?

4.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BBBK's earnings have grown by 4.6% per year over the past 5 years.

Accelerating Growth: BBBK's earnings growth over the past year (25%) exceeds its 5-year average (4.6% per year).

Earnings vs Industry: BBBK earnings growth over the past year (25%) underperformed the Banks industry 31.8%.


Return on Equity

High ROE: BBBK's Return on Equity (13.1%) is considered low.


Return on Assets

ROA vs Industry: BBBK has a higher Return on Assets than the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate BBBK's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Baker Boyer Bancorp'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: BBBK has a low level of unsold assets or inventory.

Debt Coverage by Assets: BBBK's debt is covered by short term assets (assets are 11.606320x debt).


Financial Institutions Analysis

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

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

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

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

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

Level of Bad Loans: BBBK has an appropriate level of bad loans (0.5%)


Next Steps

Dividend

What is Baker Boyer Bancorp's current dividend yield, its reliability and sustainability?

4.38%

Current Dividend Yield


Dividend Yield vs Market

company4.4%marketbottom25%1.5%markettop25%3.8%industryaverage2.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: BBBK's dividend (4.38%) is higher than the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: BBBK's dividend (4.38%) is in the top 25% of dividend payers in the US market (3.77%)

Stable Dividend: BBBK's dividend payments have been volatile in the past 10 years.

Growing Dividend: BBBK's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (52.3%), BBBK's dividend payments are 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

What is the CEO of Baker Boyer Bancorp's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Mark Kajita 0

3.8yrs

Tenure

0

Mr. Mark H. Kajita, CPA, has been Chief Executive Officer of Baker Boyer Bank since January 1, 2016 and has served as Chief Executive Officer of Baker Boyer Bancorp since January 1, 2016. Mr. Kajita has b ...


Management Age and Tenure

1.8yrs

Average Tenure

Experienced Management: BBBK's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Age and Tenure

9.4yrs

Average Tenure

Experienced Board: BBBK's board of directors are considered experienced (9.4 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Jon Bren

    Secretary & Director

    • Tenure: 15.8yrs
  • Mark Kajita

    President

    • Tenure: 3.8yrs
  • Mark Hess (59yo)

    COO & Executive VP of Administration

    • Tenure: 0yrs
  • Jolene Riggs

    Controller and VP of Accounting & Treasury Department - Baker Boyer Bank

    • Tenure: 0yrs
  • Teresa Larson

    Executive VP & Strategic Plan Director

    • Tenure: 0yrs
  • Peter Allen

    Executive VP of Asset Management & Director

    • Tenure: 8.4yrs
  • Josh Allington

    Executive VP of Banking & Chief Banking Officer

    • Tenure: 1.8yrs
  • John Cunnison

    VP & Chief Investment Officer

    • Tenure: 1.8yrs

Board Members

  • John Valaas (74yo)

    Director

    • Tenure: 9.4yrs
  • Megan Clubb

    Chairwoman of the Board

    • Tenure: 0yrs
  • Stephen Kimball

    Chairman Emeritus and Chairman Emeritus of Baker Boyer National Bank

    • Tenure: 0yrs
  • Jon Bren

    Secretary & Director

    • Tenure: 15.8yrs
  • Mark Kajita

    President

    • Tenure: 3.8yrs
  • Dave Campbell

    Director

    • Tenure: 0yrs
  • Charlie Eglin

    Director

    • Tenure: 9.4yrs
  • Peter Allen

    Executive VP of Asset Management & Director

    • Tenure: 8.4yrs
  • Dave Gordon

    Director

    • Tenure: 12.5yrs
  • J. Kimball

    Director

    • Tenure: 7.4yrs

Company Information

Baker Boyer Bancorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Baker Boyer Bancorp
  • Ticker: BBBK
  • Exchange: OTCPK
  • Founded: 1869
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$89.256m
  • Shares outstanding: 1.30m
  • Website: https://www.bakerboyer.com

Number of Employees


Location

  • Baker Boyer Bancorp
  • 7 West Main Street
  • Walla Walla
  • Washington
  • 99362
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BBBKOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMar 1994

Biography

Baker Boyer Bancorp operates as the bank holding company for Baker Boyer National Bank that provides various banking services primarily in the greater Walla Walla and Columbia Valley area of southeastern W ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 01:05
End of Day Share Price2019/10/09 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.

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