Oak Ridge Financial Services, Inc. operates as a bank holding company for Bank of Oak Ridge that provides various banking products and services for individuals and businesses. More Details
Undervalued with adequate balance sheet.
Share Price & News
How has Oak Ridge Financial Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BKOR has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BKOR exceeded the US Banks industry which returned -28.5% over the past year.
Return vs Market: BKOR underperformed the US Market which returned 18.5% over the past year.
Price Volatility Vs. Market
How volatile is Oak Ridge Financial Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Oak Ridge Financial Services undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BKOR ($11.11) is trading below our estimate of fair value ($14.6)
Significantly Below Fair Value: BKOR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BKOR is good value based on its PE Ratio (8.1x) compared to the US Banks industry average (10x).
PE vs Market: BKOR is good value based on its PE Ratio (8.1x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BKOR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BKOR is good value based on its PB Ratio (0.7x) compared to the US Banks industry average (0.8x).
How is Oak Ridge Financial Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Oak Ridge Financial Services 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.
- Examine whether Oak Ridge Financial Services 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 theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Oak Ridge Financial Services's filings and announcementshere.
- Explore growth companies in the Banks industry.
How has Oak Ridge Financial Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BKOR has high quality earnings.
Growing Profit Margin: BKOR's current net profit margins (19.8%) are lower than last year (21.9%).
Past Earnings Growth Analysis
Earnings Trend: BKOR's earnings have grown by 14.1% per year over the past 5 years.
Accelerating Growth: BKOR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BKOR had negative earnings growth (-12.2%) over the past year, making it difficult to compare to the Banks industry average (-3%).
Return on Equity
High ROE: BKOR's Return on Equity (8.6%) is considered low.
How is Oak Ridge Financial Services's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: BKOR's Assets to Equity ratio (13x) is moderate.
Allowance for Bad Loans: Insufficient data to determine if BKOR has a sufficient allowance for bad loans.
Low Risk Liabilities: 92% of BKOR's liabilities are made up of primarily low risk sources of funding.
Loan Level: BKOR has an appropriate level of Loans to Assets ratio (82%).
Low Risk Deposits: BKOR's Loans to Deposits ratio (97%) is appropriate.
Level of Bad Loans: Insufficient data to determine if BKOR has an appropriate level of bad loans.
What is Oak Ridge Financial Services's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BKOR's dividend (2.16%) is higher than the bottom 25% of dividend payers in the US market (1.64%).
High Dividend: BKOR's dividend (2.16%) is low compared to the top 25% of dividend payers in the US market (4.68%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, BKOR has been paying a dividend for less than 10 years.
Growing Dividend: BKOR's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16%), BKOR's dividend payments are well 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Wayne (57 yo)
Mr. Thomas W. Wayne, also known as Tom, is Chief Executive Officer and Chief Financial Officer at Bank of Oak Ridge (the “Bank”). He serves as President and Chief Operating Officer of Bank of Oak Ridge. He ...
|President||no data||US$189.31k||no data|
|Chief People & Marketing Officer and Senior VP||1.67yrs||no data||no data|
|Chief Retail Officer & Senior VP||10.25yrs||no data||no data|
|Chief Credit Officer||1.75yrs||no data||no data|
|Chief Lending Officer & Director of Lending||1.75yrs||no data||no data|
Experienced Management: BKOR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|President||no data||US$189.31k||no data|
|Independent Director||13.75yrs||US$9.84k||no data|
|Independent Chairman of the Board||no data||US$9.13k||no data|
|Independent Director||13.75yrs||US$9.24k||no data|
|Independent Director||13.75yrs||US$10.97k||no data|
|Independent Director||13.75yrs||US$6.45k||no data|
|Independent Director||9.25yrs||US$1.58k||no data|
Experienced Board: BKOR's board of directors are seasoned and experienced ( 13.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Oak Ridge Financial Services, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Oak Ridge Financial Services, Inc.
- Ticker: BKOR
- Exchange: OTCPK
- Founded: 2000
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$29.374m
- Shares outstanding: 2.64m
- Website: https://www.bankofoakridge.com
- Oak Ridge Financial Services, Inc.
- 2211 Oak Ridge Road
- Oak Ridge
- North Carolina
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BKOR||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Jan 2004|
Oak Ridge Financial Services, Inc. operates as a bank holding company for Bank of Oak Ridge that provides various banking products and services for individuals and businesses. It offers checking, savings, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/22 00:51|
|End of Day Share Price||2020/10/20 00:00|
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.