OTCPK:BSPA

Stock Analysis Report

Executive Summary

Ballston Spa Bancorp, Inc. operates as a holding company for Ballston Spa National Bank that provides a range of banking, financing, fiduciary, brokerage, and other financial products and services to corporate, municipal, and individual customers in the United States.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.

Risks

  • Ballston Bancorp is not covered by any analysts.

Similar Companies

Share Price & News

How has Ballston Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.8%

OTCPK:BSPA

-2.6%

US Banks

-1.0%

US Market


1 Year Return

2.9%

OTCPK:BSPA

-14.2%

US Banks

-0.4%

US Market

BSPA outperformed the Banks industry which returned -14.2% over the past year.

BSPA outperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

BSPAIndustryMarket
7 Day0.8%-2.6%-1.0%
30 Day1.9%-6.3%-3.3%
90 Dayn/a-3.5%0.8%
1 Year5.4%2.9%-11.8%-14.2%1.9%-0.4%
3 Year70.3%56.2%42.2%32.4%39.4%30.4%
5 Year88.3%60.4%53.3%36.7%54.2%37.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Ballston Bancorp undervalued based on future cash flows and its price relative to the stock market?

8.5x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Ballston Bancorp's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Ballston Bancorp's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Ballston Bancorp is good value based on earnings compared to the US Banks industry average.

Ballston Bancorp is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Ballston Bancorp, we can't assess if its growth is good value.


Price Based on Value of Assets

Ballston Bancorp is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Ballston Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Ballston Bancorp is high growth as no revenue estimate data is available.

Ballston Bancorp's earnings are expected to grow by 1.5% yearly, however this is not considered high growth (20% yearly).

Unable to compare Ballston Bancorp's revenue growth to the United States of America market average as no estimate data is available.

Ballston Bancorp's earnings growth is positive but not above the United States of America market average.

Ballston Bancorp's earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Ballston Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Ballston Bancorp performed over the past 5 years?

18.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Ballston Bancorp's year on year earnings growth rate has been positive over the past 5 years.

Ballston Bancorp's 1-year earnings growth exceeds its 5-year average (25.5% vs 18%)

Ballston Bancorp's earnings growth has not exceeded the US Banks industry average in the past year (25.5% vs 33.2%).


Return on Equity

Ballston Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Ballston Bancorp used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Ballston Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Ballston Bancorp'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

Ballston Bancorp has an acceptable proportion of non-loan assets held.

Ballston Bancorp has a sufficient allowance for bad loans.

Ballston Bancorp's liabilities are made up of primarily low risk sources of funding.

Ballston Bancorp's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Ballston Bancorp are broadly funded by customer deposits.

Ballston Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Ballston Bancorp's current dividend yield, its reliability and sustainability?

2.47%

Current Dividend Yield


Dividend Yield and Payments Analysis

Ballston Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Ballston Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (6.4x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

11.4yrs

Average board tenure


CEO

Chris Dowd

Mr. Christopher R. Dowd, also known as Chris, serves as the Chief Executive Officer and President of Ballston Spa BanCorp. Inc. and has been its Director Since 2004. Mr. Dowd has been the President of Ball ...


Board Age and Tenure

11.4yrs

Average Tenure

The average tenure for the Ballston Bancorp board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Tim Blow (53yo)

    Executive VP

    • Tenure: 13.9yrs
  • Michael Dunn (60yo)

    Chief information Officer & Director

  • Chris Dowd

    President

  • Margaret de Koning

    Executive VP & Chief Banking Officer

  • Ervin Murray

    Senior VP of Information Technology & Operations and CIO

  • Susan Slovic

    Vice President of Marketing

  • Leslie Dorsey

    Vice President of Human Resources


Board Members

  • Robert Van Vranken

    Chairman of the Board

    • Tenure: 14.6yrs
  • J. Hansen

    Director Emeritus

  • Stephen Strader

    Director

    • Tenure: 21.6yrs
  • Steve Obermayer

    Director

    • Tenure: 7.3yrs
  • Michael Dunn (60yo)

    Chief information Officer & Director

    • Tenure: 14.6yrs
  • Richard Sleasman

    Director

    • Tenure: 3.4yrs
  • Chris Dowd

    President

    • Tenure: 15.6yrs
  • Beth Kayser

    Director

    • Tenure: 8.3yrs
  • Dawn Abbuhl

    Director

    • Tenure: 1.0yrs
  • Ronald Harrington

    Director Emeritus

Company Information

Ballston Spa Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ballston Spa Bancorp, Inc.
  • Ticker: BSPA
  • Exchange: OTCPK
  • Founded: 1838
  • Industry: regional banks
  • Sector: banks
  • Market Cap: US$39.751m
  • Shares outstanding: 743.00k
  • Website: Click here

Number of Employees


Location

  • Ballston Spa Bancorp, Inc.
  • 990 State Route 67
  • Ballston Spa
  • New York
  • 12020
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BSPAOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 1998

Biography

Ballston Spa Bancorp, Inc. operates as a holding company for Ballston Spa National Bank that provides a range of banking, financing, fiduciary, brokerage, and other financial products and services to corpo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 23:32
End of Day Share Price2019/08/13 00:00
Earnings2019/03/31
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.