OTCPK:BFTL

Stock Analysis Report

Executive Summary

The Bank of Fincastle provides various banking services to individuals and businesses.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

9.9%

BFTL

4.1%

US Banks

1.0%

US Market


1 Year Return

11.2%

BFTL

7.2%

US Banks

8.0%

US Market

Return vs Industry: BFTL exceeded the US Banks industry which returned 7.2% over the past year.

Return vs Market: BFTL exceeded the US Market which returned 8% over the past year.


Shareholder returns

BFTLIndustryMarket
7 Day9.9%4.1%1.0%
30 Day14.2%2.8%-0.07%
90 Dayn/a2.9%-1.0%
1 Year11.2%11.2%10.3%7.2%10.4%8.0%
3 Year-43.3%-43.3%53.9%43.3%46.2%36.7%
5 Yearn/a71.9%53.1%64.3%46.2%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Bank of Fincastle undervalued compared to its fair value and its price relative to the market?

33.67x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: BFTL is poor value based on its PE Ratio (33.7x) compared to the Banks industry average (12.6x).

PE vs Market: BFTL is poor value based on its PE Ratio (33.7x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BFTL is good value based on its PB Ratio (1.1x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

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

0.6%

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 Bank of Fincastle 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 Bank of Fincastle performed over the past 5 years?

76.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BFTL's earnings have grown significantly by 76.8% per year over the past 5 years.

Accelerating Growth: BFTL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BFTL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (30.1%).


Return on Equity

High ROE: BFTL's Return on Equity (3.3%) is considered low.


Return on Assets

ROA vs Industry: BFTL's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Bank of Fincastle'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: BFTL has a low level of unsold assets or inventory.

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


Financial Institutions Analysis

Asset Level: BFTL's level of assets compared to its equity is low.

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

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

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

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

Level of Bad Loans: BFTL has a high level of bad loans (2.01%)


Next Steps

Dividend

What is Bank of Fincastle's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if BFTL'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 BFTL's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Bank of Fincastle's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Scott Steele 0

4.3yrs

Tenure

0

Mr. Charles S. Steele, also known as Scott, joined Bank of Fincastle as President and Chief Executive Officer in July of 2015. Mr. Steele is a graduate of West Virginia University and the Graduate School o ...


Management Age and Tenure

4.3yrs

Average Tenure

Experienced Management: BFTL's management team is considered experienced (4.3 years average tenure).


Board Age and Tenure

5.4yrs

Average Tenure

Experienced Board: BFTL's board of directors are considered experienced (5.4 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

  • C. Sprinkle

    President and Director

    • Tenure: 47.8yrs
  • Michael Jasper

    CFO & Cashier

    • Tenure: 0yrs
  • Scott Steele

    President & CEO

    • Tenure: 4.3yrs
  • Cheryl Dillon

    Treasury Services Officer & Associate VP

    • Tenure: 3yrs

Board Members

  • Robert Wagner

    Director

    • Tenure: 2.8yrs
  • Greg Gersack (53yo)

    Director

    • Tenure: 2.8yrs
  • C. Sprinkle

    President and Director

    • Tenure: 47.8yrs
  • John Rader

    Director

    • Tenure: 7.8yrs
  • Steven Spickard

    Director

    • Tenure: 18.8yrs
  • Jean Craft

    Director

    • Tenure: 14.8yrs
  • Scott Steele

    President & CEO

    • Tenure: 4.3yrs
  • Ed Holt

    Chairman

    • Tenure: 3yrs
  • Kirtesh Patel

    Director

    • Tenure: 0.8yrs

Company Information

The Bank of Fincastle's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Bank of Fincastle
  • Ticker: BFTL
  • Exchange: OTCPK
  • Founded: 1875
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$28.900m
  • Shares outstanding: 10.00m
  • Website: https://www.bankoffincastle.bank

Number of Employees


Location

  • The Bank of Fincastle
  • 17 South Roanoke Street
  • Fincastle
  • Virginia
  • 24090
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BFTLOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMay 2004

Biography

The Bank of Fincastle provides various banking services to individuals and businesses. It offers interest bearing and non-interest bearing checking, savings, and money market accounts, as well as certifica ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 23:55
End of Day Share Price2019/10/18 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.