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California First Leasing

Market Cap

US$185.1m

Last Updated

2021/05/07 23:43 UTC

Data Sources

Company Financials

Executive Summary

California First Leasing Corporation provides loans and lease financing for universities, businesses, and other commercial or non-profit organizations. More Details


Snowflake Analysis

Unattractive dividend payer with weak fundamentals.


Similar Companies

Share Price & News

How has California First Leasing's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

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


Market Performance


7 Day Return

0.3%

CFNB

3.6%

US Banks

-0.3%

US Market


1 Year Return

24.1%

CFNB

79.5%

US Banks

50.2%

US Market

Return vs Industry: CFNB underperformed the US Banks industry which returned 82.9% over the past year.

Return vs Market: CFNB underperformed the US Market which returned 51.8% over the past year.


Shareholder returns

CFNBIndustryMarket
7 Day0.3%3.6%-0.3%
30 Day3.9%6.4%2.2%
90 Day7.5%23.3%3.8%
1 Year28.5%24.1%85.0%79.5%52.7%50.2%
3 Year26.8%15.0%28.8%17.8%63.4%53.1%
5 Year41.1%20.4%118.9%91.4%129.6%104.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is California First Leasing undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: CFNB ($18) is trading above our estimate of fair value ($7.48)

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


Price To Earnings Ratio

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

PE vs Market: Insufficient data to calculate CFNB'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 CFNB's PEG Ratio to determine if it is good value.


Price to Book Ratio

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


Future Growth

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

0.9%

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 California First Leasing 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.


Past Performance

How has California First Leasing performed over the past 5 years?

13.8%

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, California First Leasing 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.


Financial Health

How is California First Leasing's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse California First Leasing'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. California First Leasing 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.


Dividend

What is California First Leasing current dividend yield, its reliability and sustainability?

2.56%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CFNB's dividend (2.56%) is higher than the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: CFNB's dividend (2.56%) is low compared to the top 25% of dividend payers in the US market (3.42%).


Stability and Growth of Payments

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

Growing Dividend: CFNB's dividend payments have fallen over the past 10 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?

29.2yrs

Average management tenure


CEO

Patrick Paddon (69 yo)

31.33yrs

Tenure

US$187,124

Compensation

Mr. Patrick E. Paddon, founded California First Leasing Corporation (formerly known as California First National Bancorp). since 1977 and has been the President since its inception in 1977. He has been the...


CEO Compensation Analysis

Compensation vs Market: Patrick's total compensation ($USD187.12K) is below average for companies of similar size in the US market ($USD993.61K).

Compensation vs Earnings: Insufficient data to compare Patrick's compensation with company performance.


Leadership Team

Experienced Management: CFNB's management team is seasoned and experienced (29.2 years average tenure).


Board Members

Experienced Board: CFNB's board of directors are seasoned and experienced ( 27.3 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

California First Leasing Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: California First Leasing Corporation
  • Ticker: CFNB
  • Exchange: OTCPK
  • Founded: 1977
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$185.116m
  • Shares outstanding: 10.28m
  • Website: https://www.calfirstbancorp.com

Number of Employees


Location

  • California First Leasing Corporation
  • 5000 Birch Street
  • Suite 500
  • Newport Beach
  • California
  • 92660
  • United States

Listings


Biography

California First Leasing Corporation provides loans and lease financing for universities, businesses, and other commercial or non-profit organizations. The company was formerly known as California First Na...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 23:43
End of Day Share Price2021/05/05 00:00
Earnings2017/12/31
Annual Earnings2017/06/30


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.