OTCPK:CBKM

Stock Analysis Report

Executive Summary

Consumers Bancorp, Inc. operates as the bank holding company for the Consumers National Bank that provides various commercial and retail banking products and services for individuals, farmers, and small and medium sized businesses primarily in Carroll, Columbiana, Jefferson, Stark, Summit, and Wayne and contiguous counties in Ohio.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0.4%

CBKM

1.1%

US Banks

0.3%

US Market


1 Year Return

-20.0%

CBKM

10.6%

US Banks

12.5%

US Market

Return vs Industry: CBKM underperformed the US Banks industry which returned 10.6% over the past year.

Return vs Market: CBKM underperformed the US Market which returned 12.5% over the past year.


Shareholder returns

CBKMIndustryMarket
7 Day0.4%1.1%0.3%
30 Day4.4%9.8%4.1%
90 Day9.2%15.5%5.6%
1 Year-17.8%-20.0%13.9%10.6%15.0%12.5%
3 Year21.2%12.2%40.6%30.7%49.1%39.4%
5 Year23.2%7.9%73.9%54.7%62.8%44.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

9.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CBKM ($19.08) is trading above our estimate of fair value ($14.86)

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


Price To Earnings Ratio

PE vs Industry: CBKM is good value based on its PE Ratio (9.6x) compared to the Banks industry average (12.7x).

PE vs Market: CBKM is good value based on its PE Ratio (9.6x) compared to the US market (18.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

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


Next Steps

Future Growth

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

4.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CBKM's forecast earnings growth (4.9% per year) is above the savings rate (2.7%).

Earnings vs Market: CBKM's earnings (4.9% per year) are forecast to grow slower than the US market (14.2% per year).

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

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Consumers Bancorp performed over the past 5 years?

15.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CBKM has a high level of non-cash earnings.

Growing Profit Margin: CBKM's current net profit margins (24%) are higher than last year (21.5%).


Past Earnings Growth Analysis

Earnings Trend: CBKM's earnings have grown by 15.9% per year over the past 5 years.

Accelerating Growth: CBKM's earnings growth over the past year (24.8%) exceeds its 5-year average (15.9% per year).

Earnings vs Industry: CBKM earnings growth over the past year (24.8%) underperformed the Banks industry 27.7%.


Return on Equity

High ROE: CBKM's Return on Equity (10.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Consumers 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

Inventory Level: CBKM has a low level of unsold assets or inventory.

Debt Coverage by Assets: CBKM's debt is not covered by short term assets (assets are 0.8x debt).


Financial Institutions Analysis

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

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

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

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

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

Level of Bad Loans: CBKM has an appropriate level of bad loans (0.12%)


Next Steps

Dividend

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

2.83%

Current Dividend Yield


Dividend Yield vs Market

company2.8%marketbottom25%1.4%markettop25%3.7%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: CBKM's dividend (2.83%) is higher than the bottom 25% of dividend payers in the US market (1.42%).

High Dividend: CBKM's dividend (2.83%) is low compared to the top 25% of dividend payers in the US market (3.67%).


Stability and Growth of Payments

Stable Dividend: CBKM's dividends per share have been stable in the past 10 years.

Growing Dividend: CBKM's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.5%), CBKM'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 Consumers Bancorp's salary, the management and board of directors tenure and is there insider trading?

2.4yrs

Average management tenure


CEO

Ralph Lober (52yo)

11.2yrs

Tenure

US$460,340

Compensation

Mr. Ralph J. Lober, II has been the Chief Executive Officer of Consumers BanCorp Inc and its subsidiary, Consumers National Bank since September 19, 2008 and has been its President since January 2008. Mr.  ...


CEO Compensation Analysis

Compensation vs Market: Ralph's total compensation ($USD460.34K) is about average for companies of similar size in the US market ($USD505.79K).

Compensation vs Earnings: Ralph's compensation has been consistent with company performance over the past year.


Management Age and Tenure

2.4yrs

Average Tenure

54yo

Average Age

Experienced Management: CBKM's management team is considered experienced (2.4 years average tenure).


Board Age and Tenure

9.9yrs

Average Tenure

66.5yo

Average Age

Experienced Board: CBKM's board of directors are considered experienced (9.9 years average tenure).


Insider Trading

Insider Buying: CBKM insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$4,15129 Oct 19
Derek Williams
EntityIndividual
Role
Senior Key Executive
Senior Vice President of Retail Operations & Sales
Shares225
Max PriceUS$18.45
BuyUS$18,47029 Oct 19
Ralph Lober
EntityIndividual
Role
Chief Executive Officer
President
Shares1,000
Max PriceUS$18.47
BuyUS$4,56325 Oct 19
Scott Dodds
EntityIndividual
Role
Other Key Executive
Executive VP & Senior Loan Officer
Shares250
Max PriceUS$18.25
BuyUS$9,21022 Oct 19
Laurie McClellan
EntityIndividual
Role
Chairman of the Board
Chairman
Shares500
Max PriceUS$18.42
BuyUS$1,22421 Oct 19
Ralph Lober
EntityIndividual
Role
Chief Executive Officer
President
Shares65
Max PriceUS$18.83
BuyUS$3,68821 Oct 19
Ralph Lober
EntityIndividual
Role
Chief Executive Officer
President
Shares200
Max PriceUS$18.44
BuyUS$6,08819 Sep 19
Bradley Goris
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares333.96
Max PriceUS$18.23
BuyUS$1,57419 Sep 19
Frank Paden
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares86.33
Max PriceUS$18.23
BuyUS$3,54019 Aug 19
Ralph Lober
EntityIndividual
Role
Chief Executive Officer
President
Shares200
Max PriceUS$17.70
BuyUS$6,23014 Aug 19
Renee Wood
EntityIndividual
Role
Chief Financial Officer
Executive VP
Shares350
Max PriceUS$17.80
BuyUS$6,22312 Aug 19
Scott Dodds
EntityIndividual
Role
Other Key Executive
Executive VP & Senior Loan Officer
Shares350
Max PriceUS$17.78
BuyUS$8,91507 Aug 19
Ralph Lober
EntityIndividual
Role
Chief Executive Officer
President
Shares500
Max PriceUS$17.90
BuyUS$2,08521 Jun 19
Ralph Lober
EntityIndividual
Role
Chief Executive Officer
President
Shares110
Max PriceUS$18.95
BuyUS$1,88021 Jun 19
Ralph Lober
EntityIndividual
Role
Chief Executive Officer
President
Shares100
Max PriceUS$18.80
BuyUS$1,56119 Jun 19
Frank Paden
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares80.37
Max PriceUS$19.42
SellUS$13407 Jun 19
Laurie McClellan
EntityIndividual
Role
Chairman of the Board
Chairman
Shares7
Max PriceUS$19.10
SellUS$3804 Jun 19
Laurie McClellan
EntityIndividual
Role
Chairman of the Board
Chairman
Shares2
Max PriceUS$19.02
BuyUS$3,02020 Mar 19
Bradley Goris
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares162.31
Max PriceUS$18.60
BuyUS$1,55020 Mar 19
Frank Paden
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares83.3
Max PriceUS$18.60
BuyUS$5,46001 Feb 19
Scott Dodds
EntityIndividual
Role
Other Key Executive
Executive VP & Senior Loan Officer
Shares300
Max PriceUS$18.20
BuyUS$17,47226 Dec 18
Laurie McClellan
EntityIndividual
Role
Chairman of the Board
Chairman
Shares1,000
Max PriceUS$17.47
BuyUS$96126 Dec 18
Ralph Lober
EntityIndividual
Role
Chief Executive Officer
President
Shares55
Max PriceUS$17.48
BuyUS$1,54019 Dec 18
Frank Paden
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares77.22
Max PriceUS$19.94
BuyUS$20,11013 Dec 18
Renee Wood
EntityIndividual
Role
Chief Financial Officer
Executive VP
Shares1,000
Max PriceUS$20.11
BuyUS$10,85004 Dec 18
Derek Williams
EntityIndividual
Role
Senior Key Executive
Senior Vice President of Retail Operations & Sales
Shares500
Max PriceUS$21.70
BuyUS$2,17504 Dec 18
Ralph Lober
EntityIndividual
Role
Chief Executive Officer
President
Shares100
Max PriceUS$21.75
BuyUS$2,17004 Dec 18
Suzanne Mikes
EntityIndividual
Role
Senior Key Executive
Senior VP & Chief Credit Officer
Shares100
Max PriceUS$21.70
BuyUS$9,30027 Nov 18
Ralph Lober
EntityIndividual
Role
Chief Executive Officer
President
Shares400
Max PriceUS$23.25
BuyUS$8,05021 Nov 18
Scott Dodds
EntityIndividual
Role
Other Key Executive
Executive VP & Senior Loan Officer
Shares350
Max PriceUS$23.00
BuyUS$2,07021 Nov 18
Ralph Lober
EntityIndividual
Role
Chief Executive Officer
President
Shares90
Max PriceUS$23.00
BuyUS$9,53321 Nov 18
Ralph Lober
EntityIndividual
Role
Chief Executive Officer
President
Shares410
Max PriceUS$23.25
BuyUS$5,64221 Nov 18
Richard Kiko
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares248
Max PriceUS$22.75

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Scott Dodds (56yo)

    Executive VP & Senior Loan Officer

    • Tenure: 0yrs
    • Compensation: US$292.16k
  • Theresa Linder

    Corporate Secretary

    • Tenure: 0yrs
  • Vickie Ramsier (70yo)

    Senior VP & Business Banking Officer

    • Tenure: 0.9yrs
  • Ralph Lober (52yo)

    President

    • Tenure: 11.2yrs
    • Compensation: US$460.34k
  • Renee Wood (48yo)

    Executive VP

    • Tenure: 14.3yrs
    • Compensation: US$292.55k
  • Derek Williams (60yo)

    Senior Vice President of Retail Operations & Sales

    • Tenure: 0yrs
  • Barbara Cronin

    Vice President & Senior Auditor of Consumers National Bank

    • Tenure: 0yrs
  • Hillary Johnston

    Vice President of Consumers National Bank and Director of Human Resources-Consumers National Bank

    • Tenure: 0yrs
  • Suzanne Mikes (40yo)

    Senior VP & Chief Credit Officer

    • Tenure: 2.4yrs
  • Christina Montgomery

    Assistant VP

    • Tenure: 0.8yrs

Board Members

  • Laurie McClellan (66yo)

    Chairman

    • Tenure: 21.7yrs
    • Compensation: US$25.03k
  • Frank Paden (68yo)

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: US$24.08k
  • John Furey (67yo)

    Vice Chairman of the Board

    • Tenure: 4.4yrs
    • Compensation: US$25.78k
  • David Johnson (59yo)

    Independent Director

    • Tenure: 22.3yrs
    • Compensation: US$18.58k
  • Thomas Kishman (70yo)

    Independent Director

    • Tenure: 24.7yrs
    • Compensation: US$20.18k
  • Harry Schmuck (70yo)

    Independent Director

    • Tenure: 14yrs
    • Compensation: US$24.48k
  • Ralph Lober (52yo)

    President

    • Tenure: 11.2yrs
    • Compensation: US$460.34k
  • Brad Goris (65yo)

    Independent Director

    • Tenure: 8.8yrs
    • Compensation: US$20.48k
  • Dick Kiko (53yo)

    Independent Director

    • Tenure: 4.8yrs
    • Compensation: US$20.18k
  • Phillip Mueller (71yo)

    Independent Director

    • Tenure: 3yrs
    • Compensation: US$19.98k

Company Information

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


Key Information

  • Name: Consumers Bancorp, Inc.
  • Ticker: CBKM
  • Exchange: OTCPK
  • Founded: 1965
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$52.162m
  • Shares outstanding: 2.73m
  • Website: https://www.consumersbank.com

Location

  • Consumers Bancorp, Inc.
  • 614 East Lincoln Way
  • PO Box 256
  • Minerva
  • Ohio
  • 44657
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CBKMOTCPK (Pink Sheets LLC)YesCommon StockUSUSDOct 1999

Biography

Consumers Bancorp, Inc. operates as the bank holding company for the Consumers National Bank that provides various commercial and retail banking products and services for individuals, farmers, and small an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/11 23:34
End of Day Share Price2019/11/07 00:00
Earnings2019/09/30
Annual Earnings2019/06/30


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.