OTCPK:BKOR

Stock Analysis Report

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Oak Ridge Financial Services

Executive Summary

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


Snowflake Analysis

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.


Market Performance


7 Day Return

0.09%

BKOR

0.3%

US Banks

-1.4%

US Market


1 Year Return

-27.1%

BKOR

-28.7%

US Banks

17.8%

US Market

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.


Shareholder returns

BKORIndustryMarket
7 Day0.09%0.3%-1.4%
30 Day0.5%5.8%4.7%
90 Day-1.9%-0.5%8.2%
1 Year-25.8%-27.1%-26.1%-28.7%20.5%17.8%
3 Year-13.3%-15.7%-19.3%-26.0%42.2%32.7%
5 Year15.9%12.6%14.8%0.6%83.4%62.7%

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

Valuation

Is Oak Ridge Financial Services undervalued compared to its fair value and its price relative to the market?

23.9%

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).


Next Steps

Future Growth

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

15.7%

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.


Next Steps

  • 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.

Past Performance

How has Oak Ridge Financial Services performed over the past 5 years?

14.1%

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.


Next Steps

Financial Health

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


Balance Sheet


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.


Next Steps

Dividend

What is Oak Ridge Financial Services's current dividend yield, its reliability and sustainability?

2.16%

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.


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Tom Wayne (57 yo)

no data

Tenure

US$189,308

Compensation

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 ...


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Wayne
Presidentno dataUS$189.31kno data
Marissa Parrish
Chief People & Marketing Officer and Senior VP1.67yrsno datano data
S. Young
Chief Retail Officer & Senior VP10.25yrsno datano data
Charles Ryan
Chief Credit Officer1.75yrsno datano data
Jeffrey Finberg
Chief Lending Officer & Director of Lending1.75yrsno datano data

1.8yrs

Average Tenure

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


Board Members

NamePositionTenureCompensationOwnership
Thomas Wayne
Presidentno dataUS$189.31kno data
Stephen Neal
Independent Director13.75yrsUS$9.84kno data
Douglas Boike
Independent Chairman of the Boardno dataUS$9.13kno data
L. Vasaly
Director3.33yrsUS$234.87kno data
John Olmsted
Independent Director13.75yrsUS$9.24kno data
James Hall
Independent Director13.75yrsUS$10.97kno data
Lynda Anderson
Independent Director13.75yrsUS$6.45kno data
Stanley Tennant
Independent Director9.25yrsUS$1.58kno data

13.8yrs

Average Tenure

68.5yo

Average Age

Experienced Board: BKOR's board of directors are seasoned and experienced ( 13.8 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

Oak Ridge Financial Services, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Oak Ridge Financial Services, Inc.
  • 2211 Oak Ridge Road
  • Oak Ridge
  • North Carolina
  • 27310
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BKOROTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 2004

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 00:51
End of Day Share Price2020/10/20 00:00
Earnings2020/06/30
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.