OTCPK:BORT

Stock Analysis Report

Executive Summary

Bank of Botetourt provides various banking products and services in Virginia.

Snowflake

Fundamentals

Flawless balance sheet and good value.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

BORT

1.4%

US Banks

1.0%

US Market


1 Year Return

-6.4%

BORT

0.2%

US Banks

6.7%

US Market

Return vs Industry: BORT underperformed the US Banks industry which returned 0.2% over the past year.

Return vs Market: BORT underperformed the US Market which returned 6.7% over the past year.


Share holder returns

BORTIndustryMarket
7 Day0%1.4%1.0%
30 Day1.6%-2.6%-1.8%
90 Day3.4%0.8%-1.8%
1 Year-4.3%-6.4%3.1%0.2%9.1%6.7%
3 Year63.5%52.3%52.0%41.5%46.0%36.6%
5 Year120.3%95.5%69.7%51.2%66.9%48.6%

Price Volatility Vs. Market

How volatile is Bank of Botetourt'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 Botetourt undervalued based on future cash flows and its price relative to the stock market?

13%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Undervalued: BORT ($28.55) is trading below our estimate of fair value ($32.99)

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


Price Based on Earnings

PE vs Industry: BORT is good value based on its PE Ratio (9.6x) compared to the Banks industry average (12.5x).

PE vs Market: BORT is good value based on its PE Ratio (9.6x) compared to the US market (17.5x).


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: BORT 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 Botetourt expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: BORT's forecast earnings growth (7% per year) is above the savings rate (2.7%).

Earnings vs Market: BORT's earnings (7% per year) are forecast to grow slower than the US market (14.5% per year).

High Growth Earnings: BORT's earnings are forecast to grow, but not significantly.

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

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


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Bank of Botetourt performed over the past 5 years?

88.7%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if BORT's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare BORT's past year earnings growth to its 5-year average.

Earnings vs Industry: BORT earnings growth over the past year (88.7%) exceeded the Banks industry 31.8%.


Return on Equity

High ROE: BORT's Return on Equity (9.3%) is considered low.


Return on Assets

ROA vs Industry: BORT'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 BORT's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Bank of Botetourt'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: BORT has a low level of unsold assets or inventory.

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


Financial Institutions Analysis

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

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

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

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

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

Level of Bad Loans: BORT has an appropriate level of bad loans (0.88%)


Next Steps

Dividend

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

2.24%

Current Dividend Yield


Dividend Yield vs Market

company2.2%marketbottom25%1.5%markettop25%3.8%industryaverage2.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: BORT's dividend (2.24%) is higher than the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: BORT's dividend (2.24%) is low compared to the top 25% of dividend payers in the US market (3.77%).

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

Growing Dividend: BORT'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 (20.2%), BORT'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 Bank of Botetourt's salary, the management and board of directors tenure and is there insider trading?

7.0yrs

Average management tenure


CEO

G. Hayth (60yo)

9.3yrs

Tenure

US$176,665

Compensation

Mr. G. Lyn Hayth, III has been the President at Bank of Botetourt, a subsidiary of Botetourt Bankshares Inc. since January 2002 and has been its Chief Executive Officer since June 30, 2010. Mr. Hayth joine ...


Management Age and Tenure

7.0yrs

Average Tenure

47yo

Average Age

Experienced Management: BORT's management team is seasoned and experienced (7 years average tenure).


Board Age and Tenure

18.8yrs

Average Tenure

67yo

Average Age

Experienced Board: BORT's board of directors are seasoned and experienced ( 18.8 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

  • G. Hayth (60yo)

    President

    • Tenure: 9.3yrs
    • Compensation: US$176.67k
  • Ned Honts

    Senior Vice President

    • Tenure: 0yrs
  • Marty Francis

    Commercial Loan Officer

    • Tenure: 0yrs
  • Karen Newbill

    Assistant Vice President and Branch Manager

    • Tenure: 0yrs
  • Duane Burks

    Vice President of Retail Development

    • Tenure: 0yrs
  • Paul Murphy

    Vice President

    • Tenure: 0yrs
  • Jennifer Theimer (47yo)

    Senior VP

    • Tenure: 0yrs
  • Michelle Crook (47yo)

    Senior VP & CFO

    • Tenure: 14.5yrs
    • Compensation: US$116.82k
  • Debbie Plogger

    Vice President of Title Services

    • Tenure: 4.7yrs
  • Todd Parsons

    VP & Business Development Officer

    • Tenure: 3.2yrs

Board Members

  • John Williamson (65yo)

    Director

    • Tenure: 16.8yrs
    • Compensation: US$12.85k
  • H. Steger (71yo)

    Chairman of the Board

    • Tenure: 18.8yrs
    • Compensation: US$110.76k
  • D. Patterson (68yo)

    Director

    • Tenure: 18.8yrs
    • Compensation: US$10.85k
  • Tommy Moore (69yo)

    Director

    • Tenure: 37.8yrs
    • Compensation: US$11.65k
  • Joyce Kessinger (66yo)

    Director

    • Tenure: 33.8yrs
    • Compensation: US$10.45k
  • G. Hayth (60yo)

    President

    • Tenure: 9.3yrs
    • Compensation: US$176.67k
  • Nick Conte

    Director

    • Tenure: 0.6yrs
  • Robert Berkstresser (68yo)

    Director

    • Tenure: 8.8yrs
    • Compensation: US$5.90k
  • Terry Austin (63yo)

    Director

    • Tenure: 5.8yrs

Company Information

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


Key Information

  • Name: Bank of Botetourt
  • Ticker: BORT
  • Exchange: OTCPK
  • Founded: 1899
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$49.082m
  • Shares outstanding: 1.72m
  • Website: https://www.bankofbotetourt.com

Location

  • Bank of Botetourt
  • 19747 Main Street
  • PO Box 339
  • Buchanan
  • Virginia
  • 24066
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BORTOTCPK (Pink Sheets LLC)YesCommon StockUSUSDOct 2013

Biography

Bank of Botetourt provides various banking products and services in Virginia. It offers checking, savings, money market, and individual retirement accounts; and certificates of deposit. The company also pr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 01:42
End of Day Share Price2019/10/01 00:00
Earnings2018/12/31
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.

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