OTCPK:BVFL

Stock Analysis Report

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Executive Summary

BV Financial, Inc. operates as the holding company for BayVanguard Bank that provides various financial services to individuals and businesses in Maryland. More Details


Snowflake Analysis

Flawless balance sheet with proven track record.


Similar Companies

Share Price & News

How has BV Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BVFL has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

9.0%

BVFL

-6.7%

US Mortgage

-4.1%

US Market


1 Year Return

-5.6%

BVFL

-20.7%

US Mortgage

12.0%

US Market

Return vs Industry: BVFL exceeded the US Mortgage industry which returned -20.7% over the past year.

Return vs Market: BVFL underperformed the US Market which returned 12% over the past year.


Shareholder returns

BVFLIndustryMarket
7 Day9.0%-6.7%-4.1%
30 Day0.06%1.9%-0.2%
90 Day12.9%1.5%2.8%
1 Year-5.6%-5.6%-18.4%-20.7%14.6%12.0%
3 Year110.4%107.9%9.6%0.5%35.8%26.8%
5 Year149.5%146.5%16.8%1.6%75.2%55.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is BV Financial undervalued compared to its fair value and its price relative to the market?

17.58x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BVFL ($15.8) is trading above our estimate of fair value ($1.07)

Significantly Below Fair Value: BVFL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BVFL is poor value based on its PE Ratio (17.6x) compared to the US Mortgage industry average (10.7x).

PE vs Market: BVFL is good value based on its PE Ratio (17.6x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BVFL is overvalued based on its PB Ratio (1.6x) compared to the US Mortgage industry average (0.8x).


Next Steps

Future Growth

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

-12.3%

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 BV Financial 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

Past Performance

How has BV Financial performed over the past 5 years?

66.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BVFL has a large one-off gain of $3.6M impacting its June 30 2020 financial results.

Growing Profit Margin: BVFL's current net profit margins (51.3%) are higher than last year (14.5%).


Past Earnings Growth Analysis

Earnings Trend: BVFL's earnings have grown significantly by 66.3% per year over the past 5 years.

Accelerating Growth: BVFL's earnings growth over the past year (371.6%) exceeds its 5-year average (66.3% per year).

Earnings vs Industry: BVFL earnings growth over the past year (371.6%) exceeded the Mortgage industry 6.2%.


Return on Equity

High ROE: BVFL's Return on Equity (7.9%) is considered low.


Next Steps

Financial Health

How is BV Financial'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: BVFL's Assets to Equity ratio (5.9x) is low.

Allowance for Bad Loans: BVFL has a sufficient allowance for bad loans (186%).

Low Risk Liabilities: 90% of BVFL's liabilities are made up of primarily low risk sources of funding.

Loan Level: BVFL has an appropriate level of Loans to Assets ratio (83%).

Low Risk Deposits: BVFL's Loans to Deposits ratio (111%) is appropriate.

Level of Bad Loans: BVFL has an appropriate level of bad loans (0.2%).


Next Steps

Dividend

What is BV Financial current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BVFL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BVFL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BVFL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BVFL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BVFL is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BVFL's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

1.6yrs

Average management tenure


CEO

David Flair (56 yo)

1.58yrs

Tenure

Mr. David M. Flair has been Co-Chief Executive Officer and Co-President of Bay-Vanguard, M.H.C., BayVanguard Bank (MHC) and BV Financial, Inc. since February 28, 2019. Mr. Flair served as Chief Executive O ...


Leadership Team

NamePositionTenureCompensationOwnership
David Flair
Co-President1.58yrsno data0.30%
$ 339.7k
Timothy Prindle
Co-President1.75yrsno data0.15%
$ 170.6k
Michael Dee
Senior VP & CFOno datano datano data
Michael Snyder
Secretary & Independent Director1.75yrsno data0.0014%
$ 1.6k
Jeffrey Collier
Senior Vice President of Lending - Bay-Vanguard Federal Savings Bankno datano datano data
Claudia Kraft
VP & Controller of Bay-Vanguard Federal Savings Bankno datano datano data
Christine Barton
Senior Vice President of Compliance - Bay-Vanguard Federal Savings Bankno datano datano data

1.6yrs

Average Tenure

58yo

Average Age

Experienced Management: BVFL's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
David Flair
Co-President1.58yrsno data0.30%
$ 339.7k
Timothy Prindle
Co-President1.75yrsno data0.15%
$ 170.6k
Michael Snyder
Secretary & Independent Director1.75yrsno data0.0014%
$ 1.6k
Brian McHale
Independent Director33.75yrsUS$13.85k0.045%
$ 50.9k
William Baldwin
Independent Director7.92yrsno data0.019%
$ 21.3k
George Philippou
Independent Director8.92yrsno data0.014%
$ 15.8k
Gary Amereihn
Independent Director1.75yrsno data0.049%
$ 55.3k
Joseph Galli
Independent Director4.92yrsno data0.42%
$ 469.4k
Edmond Nolley
Independent Director1.75yrsno data0.0070%
$ 7.9k
William Crompton
Independent Director1.75yrsno data0.014%
$ 15.8k
Joshua Posnick
Independent Director1.75yrsno data0.0014%
$ 1.6k

1.8yrs

Average Tenure

58yo

Average Age

Experienced Board: BVFL's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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

BV Financial, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BV Financial, Inc.
  • Ticker: BVFL
  • Exchange: OTCPK
  • Founded: 1873
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$112.130m
  • Shares outstanding: 7.10m
  • Website: https://www.bayvanguard.com

Location

  • BV Financial, Inc.
  • 7114 North Point Road
  • Baltimore
  • Maryland
  • 21219
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BVFLOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 2005

Biography

BV Financial, Inc. operates as the holding company for BayVanguard Bank that provides various financial services to individuals and businesses in Maryland. The company accepts checking and money market acc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 03:43
End of Day Share Price2020/10/27 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.