OTCPK:CBCZ

Stock Analysis Report

Executive Summary

Comunibanc Corp. operates as the bank holding company for The Henry County Bank, which offers personal and commercial banking services.

Snowflake

Fundamentals

Flawless balance sheet and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

CBCZ

1.7%

US Banks

1.3%

US Market


1 Year Return

2.7%

CBCZ

0.3%

US Banks

5.9%

US Market

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

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


Shareholder returns

CBCZIndustryMarket
7 Day0%1.7%1.3%
30 Day0%-2.4%-1.9%
90 Dayn/a1.0%-1.8%
1 Year5.4%2.7%3.2%0.3%8.3%5.9%
3 Year53.0%40.2%52.1%41.7%45.6%36.2%
5 Year59.4%35.7%69.8%51.4%66.1%47.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

17.51x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: CBCZ ($30.5) is trading above our estimate of fair value ($14.48)

Significantly Undervalued: CBCZ is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CBCZ is poor value based on its PE Ratio (17.5x) compared to the Banks industry average (12.5x).

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CBCZ is good value based on its PB Ratio (1x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

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

13.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CBCZ's forecast earnings growth (13.9% per year) is above the savings rate (2.7%).

Earnings vs Market: CBCZ's earnings (13.9% per year) are forecast to grow slower than the US market (14.4% per year).

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

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

High Growth Revenue: Insufficient data to determine if CBCZ'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 CBCZ's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Comunibanc performed over the past 5 years?

45.5%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

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

Earnings vs Industry: CBCZ earnings growth over the past year (45.5%) exceeded the Banks industry 31.8%.


Return on Equity

High ROE: CBCZ's Return on Equity (5.5%) is considered low.


Return on Assets

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


Next Steps

Financial Health

How is Comunibanc'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: CBCZ has a low level of unsold assets or inventory.

Debt Coverage by Assets: CBCZ's debt is not covered by short term assets (assets are 0.7x debt).


Financial Institutions Analysis

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

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

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

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

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

Level of Bad Loans: CBCZ has an appropriate level of bad loans (0.44%)


Next Steps

Dividend

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

2.56%

Current Dividend Yield


Dividend Yield vs Market

company2.6%marketbottom25%1.5%markettop25%3.8%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: CBCZ's dividend (2.56%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: CBCZ's dividend (2.56%) is low compared to the top 25% of dividend payers in the US market (3.77%).

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

Growing Dividend: CBCZ has only been paying a dividend for 2 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (44.8%), CBCZ'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 Comunibanc's salary, the management and board of directors tenure and is there insider trading?

9.3yrs

Average board tenure


CEO

Comunibanc has no CEO, or we have no data on them.


Board Age and Tenure

9.3yrs

Average Tenure

Experienced Board: CBCZ's board of directors are considered experienced (9.3 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

  • Anthony Grieser

    Treasurer

    • Tenure: 16.8yrs
  • Bill Wendt

    President & Chairman

    • Tenure: 0yrs
  • Sharon Mack

    Senior VP & COO

    • Tenure: 0yrs
  • J. Yarnell

    VP & Senior Loan Officer

    • Tenure: 0yrs
  • Bradley Van De Bussche

    Chief Credit Officer

    • Tenure: 0yrs

Board Members

  • Paul Chamberlin

    Director

    • Tenure: 15.8yrs
  • Rick Fruth

    Director

    • Tenure: 0yrs
  • Anthony Grieser

    Treasurer

    • Tenure: 16.8yrs
  • Jeff Stober

    Director

    • Tenure: 0yrs
  • Bill Wendt

    President & Chairman

    • Tenure: 0yrs
  • Nathan Weaks

    Director

    • Tenure: 2.8yrs
  • Jacob Freppel

    Director

    • Tenure: 0yrs
  • Richard Fisher

    Director

    • Tenure: 1.8yrs

Company Information

Comunibanc Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Comunibanc Corp.
  • Ticker: CBCZ
  • Exchange: OTCPK
  • Founded: 1936
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$25.269m
  • Shares outstanding: 828.50k
  • Website: https://www.thehenrycountybank.com

Location

  • Comunibanc Corp.
  • 122 East Washington Street
  • Napoleon
  • Ohio
  • 43545
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CBCZOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 2003

Biography

Comunibanc Corp. operates as the bank holding company for The Henry County Bank, which offers personal and commercial banking services. It offers checking, savings, and Christmas club accounts. The company ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:44
End of Day Share Price2019/10/03 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.