OTCPK:BMBN

Stock Analysis Report

Benchmark Bankshares

Executive Summary

Benchmark Bankshares, Inc. operates as the bank holding company for Benchmark Community Bank that provides various banking products and services in Virginia.

Snowflake

Fundamentals

Flawless balance sheet with proven track record and pays a dividend.


Similar Companies

Share Price & News

How has Benchmark Bankshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.05%

BMBN

1.7%

US Banks

1.3%

US Market


1 Year Return

-11.6%

BMBN

0.3%

US Banks

5.9%

US Market

Return vs Industry: BMBN underperformed the US Banks industry which returned 0.3% over the past year.

Return vs Market: BMBN underperformed the US Market which returned 5.9% over the past year.


Shareholder returns

BMBNIndustryMarket
7 Day-0.05%1.7%1.3%
30 Day-1.4%-2.4%-1.9%
90 Day-2.6%1.0%-1.8%
1 Year-9.1%-11.6%3.2%0.3%8.3%5.9%
3 Year55.7%44.2%52.1%41.7%45.6%36.2%
5 Year72.2%50.0%69.8%51.4%66.1%47.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Benchmark Bankshares undervalued compared to its fair value and its price relative to the market?

5.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: BMBN ($18.74) is trading below our estimate of fair value ($19.84)

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


Price To Earnings Ratio

PE vs Industry: BMBN is good value based on its PE Ratio (10x) compared to the Banks industry average (12.5x).

PE vs Market: BMBN is good value based on its PE Ratio (10x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BMBN is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

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

-1.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BMBN's earnings are forecast to decline over the next 3 years (-1% per year).

Earnings vs Market: BMBN's earnings are forecast to decline over the next 3 years (-1% per year).

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

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Benchmark Bankshares performed over the past 5 years?

7.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BMBN's earnings have grown by 7.9% per year over the past 5 years.

Accelerating Growth: BMBN's earnings growth over the past year (35.2%) exceeds its 5-year average (7.9% per year).

Earnings vs Industry: BMBN earnings growth over the past year (35.2%) exceeded the Banks industry 31.8%.


Return on Equity

High ROE: BMBN's Return on Equity (14%) is considered low.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Benchmark Bankshares'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: BMBN has a low level of unsold assets or inventory.

Debt Coverage by Assets: BMBN's debt is covered by short term assets (assets are 14.461510x debt).


Financial Institutions Analysis

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

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

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

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

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

Level of Bad Loans: BMBN has an appropriate level of bad loans (0.14%)


Next Steps

Dividend

What is Benchmark Bankshares's current dividend yield, its reliability and sustainability?

3.09%

Current Dividend Yield


Dividend Yield vs Market

company3.1%marketbottom25%1.5%markettop25%3.8%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: BMBN's dividend (3.09%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: BMBN's dividend (3.09%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: BMBN's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.9%), BMBN'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

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

1.5yrs

Average management tenure


CEO

Jay Stafford (59yo)

2.4yrs

Tenure

0

Mr. Jay A. Stafford has been the President of Benchmark Community Bank and Benchmark Bankshares Inc. since May 19, 2016. Mr. Stafford served as the Chief Banking Officer at Benchmark Bankshares, Inc. until ...


Management Age and Tenure

1.5yrs

Average Tenure

50yo

Average Age

Experienced Management: BMBN's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Age and Tenure

7.6yrs

Average Tenure

60.5yo

Average Age

Experienced Board: BMBN's board of directors are considered experienced (7.6 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

  • Jay Stafford (59yo)

    President

    • Tenure: 2.4yrs
  • E. Burke (48yo)

    CFO, Executive VP & Treasurer

    • Tenure: 0yrs
  • LeAnne Emert

    Executive Vice President of Retail Banking

    • Tenure: 3.8yrs
  • Jenny Clark (50yo)

    Senior VP & Chief Human Resources Officer

    • Tenure: 0yrs
  • Mike Arthur

    Senior VP & Chief Administration Officer

    • Tenure: 0yrs
  • Curtis Tyndall

    Senior VP & Henderson Market Executive

    • Tenure: 1.5yrs
  • Jake Allen

    Vice President of Compliance & BSA Officer

    • Tenure: 1.5yrs
  • Helen Person

    Vice President & Director of Marketing

    • Tenure: 1.5yrs
  • Rick Houser

    Senior VP & North Carolina Market Executive

    • Tenure: 0yrs
  • Lee Minix

    Senior VP & Chief Credit Officer

    • Tenure: 0yrs

Board Members

  • Mark Bragg (57yo)

    Secretary & Director

    • Tenure: 20.5yrs
  • Earl Carter (70yo)

    Director

    • Tenure: 19.5yrs
  • David Biggs (62yo)

    Director

    • Tenure: 17.5yrs
  • Mary Elkins (67yo)

    Vice Chairman of the Board

    • Tenure: 5.9yrs
  • Jay Stafford (59yo)

    President

    • Tenure: 2.4yrs
  • Charles Simmons (71yo)

    Director

    • Tenure: 9.9yrs
  • Randy Lail (63yo)

    Chairman of the Board

    • Tenure: 5.9yrs
  • Beth Winn (58yo)

    Director

    • Tenure: 8.5yrs
  • Mark Southall (56yo)

    Director

    • Tenure: 6.8yrs
  • Cal Spencer (46yo)

    Director

    • Tenure: 6.6yrs

Company Information

Benchmark Bankshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Benchmark Bankshares, Inc.
  • Ticker: BMBN
  • Exchange: OTCPK
  • Founded: 1971
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$86.258m
  • Shares outstanding: 4.60m
  • Website: https://www.bcbonline.com

Location

  • Benchmark Bankshares, Inc.
  • 100 South Broad Street
  • Kenbridge
  • Virginia
  • 23944
  • United States

Listings

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

Biography

Benchmark Bankshares, Inc. operates as the bank holding company for Benchmark Community Bank that provides various banking products and services in Virginia. The company offers demand, checking, and saving ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:32
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.