OTCPK:BERK

Stock Analysis Report

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Executive Summary

Berkshire Bancorp Inc. operates as the bank holding company for The Berkshire Bank that provides community banking services primarily to businesses, professionals, and retail customers.


Snowflake Analysis

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0.8%

BERK

5.6%

US Banks

0.7%

US Market


1 Year Return

-34.6%

BERK

-13.5%

US Banks

20.1%

US Market

Return vs Industry: BERK underperformed the US Banks industry which returned -14.6% over the past year.

Return vs Market: BERK underperformed the US Market which returned 17.1% over the past year.


Shareholder returns

BERKIndustryMarket
7 Day0.8%5.6%0.7%
30 Day2.1%8.1%6.4%
90 Day1.1%20.7%20.1%
1 Year-34.6%-34.6%-10.5%-13.5%22.6%20.1%
3 Year-26.2%-26.2%-7.3%-14.8%45.1%35.7%
5 Year11.7%10.3%18.8%4.3%79.7%60.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Berkshire Bancorp undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: BERK ($8.6) is trading above our estimate of fair value ($1.35)

Significantly Below Fair Value: BERK is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate BERK's PE Ratio to determine if it is good value compared to the US Banks industry average.

PE vs Market: Insufficient data to calculate BERK's PE Ratio to determine if it is good value compared to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: Insufficient data to calculate BERK's PB Ratio to determine if it is good value.


Next Steps

Future Growth

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

27.0%

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 Berkshire Bancorp 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

  • Take a look at our analysis of BERK’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Berkshire Bancorp's filings and announcementshere.
  • Explore growth companies in the Banks industry.

Past Performance

How has Berkshire Bancorp performed over the past 5 years?

14.8%

Historical Banks annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Berkshire Bancorp has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Berkshire Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Berkshire Bancorp's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Berkshire Bancorp has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of BERK’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. 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.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Berkshire Bancorp's financial data was last updated here.
  • Explore more healthy companies in the Banks industry.

Dividend

What is Berkshire Bancorp current dividend yield, its reliability and sustainability?

1.16%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BERK's dividend (1.16%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.6%).

High Dividend: BERK's dividend (1.16%) is low compared to the top 25% of dividend payers in the US market (4.3%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, BERK has been paying a dividend for less than 10 years.

Growing Dividend: BERK's dividend payments have increased, but the company has only paid a dividend for 7 years.


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: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

20.7yrs

Average management tenure


CEO

Joseph Fink (62 yo)

7.42yrs

Tenure

Dr. Joseph Fink has been the Chief Executive Officer, President, Chief Financial Officer and Treasurer aterkshire Bancorp Inc. since April 15, 2013. Dr. Fink is a General Partner of Farm Associates and a m ...


Leadership Team

NamePositionTenureCompensationOwnership
Moses Krausz
Director13.25yrsUS$888.93kno data
David Lukens
CFO & Executive VP of the Berkshire Bank20.67yrsUS$267.17kno data
Joseph Fink
President7.42yrsno datano data
Emanuel Adler
Secretaryno datano datano data

20.7yrs

Average Tenure

71yo

Average Age

Experienced Management: BERK's management team is seasoned and experienced (20.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Moses Krausz
Director13.25yrsUS$888.93kno data
Joseph Fink
President7.42yrsno datano data
William Cohen
Independent Director21.67yrsUS$37.75kno data
Moses Marx
Chairman of the Boardno dataUS$32.75kno data
Philippe Katz
Director7.17yrsno datano data
Martin Fischer
Independent Director13.67yrsUS$37.75kno data
George Karfunkel
Independent Director7.17yrsno datano data

10.3yrs

Average Tenure

78yo

Average Age

Experienced Board: BERK's board of directors are seasoned and experienced ( 10.3 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

Berkshire Bancorp Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Berkshire Bancorp Inc.
  • Ticker: BERK
  • Exchange: OTCPK
  • Founded: 1979
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$123.978m
  • Shares outstanding: 14.42m
  • Website: https://www.berkbank.com

Location

  • Berkshire Bancorp Inc.
  • 4 East 39th Street
  • New York
  • New York
  • 10016
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BERKOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 1985

Biography

Berkshire Bancorp Inc. operates as the bank holding company for The Berkshire Bank that provides community banking services primarily to businesses, professionals, and retail customers. The company offers ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 23:39
End of Day Share Price2020/08/12 00:00
Earnings2013/09/30
Annual Earnings2012/12/31


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.