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CBOF

CBOA Financial OTCPK:CBOF Stock Report

Last Price

US$3.08

Market Cap

US$30.3m

7D

0%

1Y

2.7%

Updated

04 Oct, 2022

Data

Company Financials
CBOF fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends0/6

CBOF Stock Overview

CBOA Financial, Inc. operates as the holding company for Commerce Bank of Arizona, Inc.

CBOA Financial Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CBOA Financial
Historical stock prices
Current Share PriceUS$3.08
52 Week HighUS$3.34
52 Week LowUS$2.89
Beta0.23
1 Month Change-0.65%
3 Month Change0.65%
1 Year Change2.67%
3 Year Change16.23%
5 Year Change31.06%
Change since IPO-80.75%

Recent News & Updates

Shareholder Returns

CBOFUS BanksUS Market
7D0%6.3%4.4%
1Y2.7%-21.8%-18.2%

Return vs Industry: CBOF exceeded the US Banks industry which returned -24.1% over the past year.

Return vs Market: CBOF exceeded the US Market which returned -20% over the past year.

Price Volatility

Is CBOF's price volatile compared to industry and market?
CBOF volatility
CBOF Average Weekly Movementn/a
Banks Industry Average Movement3.5%
Market Average Movement6.9%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: Insufficient data to determine CBOF's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine CBOF's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002n/aJ. Websterhttps://www.commercebankaz.com

CBOA Financial, Inc. operates as the holding company for Commerce Bank of Arizona, Inc. that provides personal and business banking products and services in Arizona. The company offers checking and savings accounts; small business administration, business term, equipment, commercial real estate, and home mortgage loans, as well as lines of credit. It also provides electronic and telephone banking, remote deposit capture, ACH, wire, and merchant card services, as well as zero balance accounts and debit cards.

CBOA Financial Fundamentals Summary

How do CBOA Financial's earnings and revenue compare to its market cap?
CBOF fundamental statistics
Market CapUS$30.27m
Earnings (TTM)US$3.87m
Revenue (TTM)US$12.76m

7.8x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CBOF income statement (TTM)
RevenueUS$12.76m
Cost of RevenueUS$0
Gross ProfitUS$12.76m
Other ExpensesUS$8.89m
EarningsUS$3.87m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.39
Gross Margin100.00%
Net Profit Margin30.33%
Debt/Equity Ratio0.0%

How did CBOF perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is CBOF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CBOF?

Other financial metrics that can be useful for relative valuation.

CBOF key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does CBOF's PE Ratio compare to its peers?

CBOF PE Ratio vs Peers
The above table shows the PE ratio for CBOF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.1x
FBPI First Bancorp of Indiana
7.8xn/aUS$30.5m
TSBA Touchstone Bankshares
7.8xn/aUS$32.3m
PWBO Pacific West Bank
20.1xn/aUS$31.5m
FBPA Farmers Bank of Appomattox
8.6xn/aUS$29.0m
CBOF CBOA Financial
7.8xn/aUS$30.3m

Price-To-Earnings vs Peers: CBOF is good value based on its Price-To-Earnings Ratio (7.8x) compared to the peer average (11.1x).


Price to Earnings Ratio vs Industry

How does CBOF's PE Ratio compare vs other companies in the US Banks Industry?

Price-To-Earnings vs Industry: CBOF is good value based on its Price-To-Earnings Ratio (7.8x) compared to the US Banks industry average (9.5x)


Price to Earnings Ratio vs Fair Ratio

What is CBOF's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CBOF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CBOF's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of CBOF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate CBOF's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CBOF's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.6%

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 CBOA 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.


Discover growth companies

  • Examine CBOA Financial's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • 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 CBOA Financial's filings and announcements here.

Past Performance

How has CBOA Financial performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


131.8%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: CBOF has high quality earnings.

Growing Profit Margin: CBOF's current net profit margins (30.3%) are higher than last year (15.1%).


Past Earnings Growth Analysis

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

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

Earnings vs Industry: CBOF earnings growth over the past year (131.8%) exceeded the Banks industry 8.5%.


Return on Equity

High ROE: CBOF's Return on Equity (13.7%) is considered low.


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Financial Health

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

Financial Health Score

4/6

Financial Health Score 4/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: CBOF's Assets to Equity ratio (12.1x) is moderate.

Allowance for Bad Loans: Insufficient data to determine if CBOF has a sufficient allowance for bad loans.

Low Risk Liabilities: 97% of CBOF's liabilities are made up of primarily low risk sources of funding.

Loan Level: CBOF has an appropriate level of Loans to Assets ratio (69%).

Low Risk Deposits: CBOF's Loans to Deposits ratio (77%) is appropriate.

Level of Bad Loans: Insufficient data to determine if CBOF has an appropriate level of bad loans.


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

CBOA Financial Dividend Yield vs Market
How does CBOA Financial dividend yield compare to the market?
SegmentDividend Yield
Company (CBOA Financial)n/a
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.5%
Industry Average (Banks)3.2%
Analyst forecast in 3 Years (CBOA Financial)n/a

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

High Dividend: Unable to evaluate CBOF'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 CBOF's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


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Management

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

5.8yrs

Average board tenure


CEO

J. Webster

2.75yrs

Tenure

Mr. J. Chris Webster serves as President, CEO & Director of Commerce Bank of Arizona, Inc. Mr. Webster serves as Chief Executive Officer, President and Director at CBOA Financial, Inc.


Board Members

Experienced Board: CBOF's board of directors are considered experienced (5.8 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

What is the ownership structure of CBOF?
Owner TypeNumber of SharesOwnership Percentage

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.8%.

Company Information

CBOA Financial, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: CBOA Financial, Inc.
  • Ticker: CBOF
  • Exchange: OTCPK
  • Founded: 2002
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$30.272m
  • Shares outstanding: 9.83m
  • Website: https://www.commercebankaz.com

Location

  • CBOA Financial, Inc.
  • 7315 North Oracle Road
  • Suite 181
  • Tucson
  • Arizona
  • 85704
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CBOFOTCPK (Pink Sheets LLC)YesCommon StockUSUSDOct 2005

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/04 00:00
End of Day Share Price2022/09/13 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.