OTCPK:CBAF

Stock Analysis Report

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Executive Summary

CITBA Financial Corporation operates as the bank holding company for Citizens Bank that provides various banking services in the United States.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0.3%

CBAF

5.3%

US Banks

1.2%

US Market


1 Year Return

-22.5%

CBAF

-17.7%

US Banks

16.8%

US Market

Return vs Industry: CBAF underperformed the US Banks industry which returned -19% over the past year.

Return vs Market: CBAF underperformed the US Market which returned 16.4% over the past year.


Shareholder returns

CBAFIndustryMarket
7 Day0.3%5.3%1.2%
30 Day1.1%6.6%4.9%
90 Dayn/a18.7%20.0%
1 Year-20.9%-22.5%-14.9%-17.7%19.3%16.8%
3 Year-9.0%-13.4%-9.6%-16.9%43.7%34.4%
5 Year49.1%37.9%15.0%1.0%75.5%56.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


Share Price vs. Fair Value

Below Fair Value: CBAF ($22.75) is trading above our estimate of fair value ($4.81)

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


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate CBAF's PE Ratio to determine if it is good value compared to the US Banks industry average.

PE vs Market: Insufficient data to calculate CBAF's PE Ratio to determine if it is good value compared to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: Insufficient data to calculate CBAF's PB Ratio to determine if it is good value.


Next Steps

Future Growth

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

26.8%

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 CITBA 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

  • Take a look at our analysis of CBAF’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • 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 CITBA Financial's filings and announcementshere.
  • Explore growth companies in the Banks industry.

Past Performance

How has CITBA Financial performed over the past 5 years?

14.9%

Historical Banks annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, CITBA Financial has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

  • When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at CITBA Financial's management and board experience and expertise to assess their ability to deliver on their strategic promises.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access CITBA Financial's filings and announcements here.
  • Explore strong past performing companies in the Banks industry.

Financial Health

How is CITBA Financial's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse CITBA Financial's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. CITBA Financial has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of CBAF’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when CITBA Financial's financial data was last updated here.
  • Explore more healthy companies in the Banks industry.

Dividend

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

1.56%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CBAF's dividend (1.56%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: CBAF's dividend (1.56%) is low compared to the top 25% of dividend payers in the US market (4.35%).


Stability and Growth of Payments

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

Growing Dividend: CBAF's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are 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?

5.5yrs

Average board tenure


CEO

Keith Lindauer

5.83yrs

Tenure

Mr. Keith A. Lindauer has been the Chief Executive Officer and President at CITBA Financial Corporation and Citizens Bank since October 22, 2014. Mr. Lindauer served as Senior Vice President of Lending at ...


Board Members

NamePositionTenureCompensationOwnership
Keith Lindauer
President5.83yrsno datano data
Larry Heydon
Chairman of the Board5.58yrsno datano data
Jeffrey Banning
Director10.58yrsno datano data
Christopher Branson
Director5.5yrsno datano data
Thomas Hubbard
Vice Chairman of the Boardno datano datano data
John Wilkowski
Director4.58yrsno datano data
Jennifer Andres
Director3.58yrsno datano data
Jeremiah Mills
Director2.58yrsno datano data

5.5yrs

Average Tenure

Experienced Board: CBAF's board of directors are considered experienced (5.5 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

CITBA Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CITBA Financial Corporation
  • Ticker: CBAF
  • Exchange: OTCPK
  • Founded: 1931
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$42.177m
  • Shares outstanding: 1.85m
  • Website: https://www.citizens-banking.com

Location

  • CITBA Financial Corporation
  • 33 North Indiana Street
  • Mooresville
  • Indiana
  • 46158
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CBAFOTCPK (Pink Sheets LLC)YesCommon StockUSUSDApr 1996

Biography

CITBA Financial Corporation operates as the bank holding company for Citizens Bank that provides various banking services in the United States. The company accepts checking, savings, money markets, certifi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/10 23:41
End of Day Share Price2020/08/10 00:00
Earnings2014/12/31
Annual Earnings2014/12/31


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.