OTCPK:CFST

Stock Analysis Report

Communities First Financial

Executive Summary

Communities First Financial Corporation operates as the holding company for Fresno First Bank that provides various banking products and services for individuals, professionals, and businesses in Central California.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Risks

  • Communities First Financial is not covered by any analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.4%

OTCPK:CFST

-2.6%

US Banks

-1.0%

US Market


1 Year Return

-0.2%

OTCPK:CFST

-14.2%

US Banks

-0.4%

US Market

CFST outperformed the Banks industry which returned -14.2% over the past year.

CFST matched the United States of America Market (-0.4%) over the past year.


Share holder returns

CFSTIndustryMarket
7 Day-0.4%-2.6%-1.0%
30 Day0.4%-6.3%-3.3%
90 Day-0.8%-3.5%0.8%
1 Year-0.2%-0.2%-11.8%-14.2%1.9%-0.4%
3 Year148.4%148.4%42.2%32.4%39.4%30.4%
5 Year164.3%164.3%53.3%36.7%54.2%37.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Communities First Financial undervalued based on future cash flows and its price relative to the stock market?

9.47x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Communities First Financial's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Communities First Financial's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Communities First Financial is good value based on earnings compared to the US Banks industry average.

Communities First Financial is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Communities First Financial, we can't assess if its growth is good value.


Price Based on Value of Assets

Communities First Financial is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Communities First Financial expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Communities First Financial is high growth as no revenue estimate data is available.

Communities First Financial's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Communities First Financial's revenue growth to the United States of America market average as no estimate data is available.

Communities First Financial's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Communities First Financial's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Communities First Financial will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Communities First Financial performed over the past 5 years?

33.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Communities First Financial has delivered over 20% year on year earnings growth in the past 5 years.

Communities First Financial's 1-year earnings growth exceeds its 5-year average (54.9% vs 33.1%)

Communities First Financial's earnings growth has exceeded the US Banks industry average in the past year (54.9% vs 33.3%).


Return on Equity

Communities First Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Communities First Financial used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Communities First Financial improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Communities First Financial'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

Information is not available.

Information is not available.


Financial Institutions Analysis

Communities First Financial has an acceptable proportion of non-loan assets held.

Communities First Financial has a sufficient allowance for bad loans.

Communities First Financial's liabilities are made up of primarily low risk sources of funding.

Communities First Financial's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Communities First Financial are broadly funded by customer deposits.

Communities First Financial has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Communities First Financial's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Communities First Financial's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Communities First Financial's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Communities First Financial has not reported any payouts.

Unable to verify if Communities First Financial's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Communities First Financial has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Communities First Financial's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average board tenure


CEO

Steve Miller (45yo)

3.8yrs

Tenure

US$540,090

Compensation

Mr. Steven Kenneth Miller, also known as Steve, has been the Chief Executive Officer and President of Communities First Financial Corporation since October 2015. Mr. Miller has been the Chief Executive Off ...


CEO Compensation Analysis

Steve's remuneration is about average for companies of similar size in United States of America.

Steve's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

4.8yrs

Average Tenure

57.5yo

Average Age

The tenure for the Communities First Financial board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Steve Canfield (59yo)

    Executive VP & CFO

    • Tenure: 4.8yrs
    • Compensation: US$385.37k
  • Teresa Palsgaard

    VP & Relationship Manager

    • Tenure: 0.0yrs
  • Ken Dodderer

    Senior VP & Agri-Business Manager

    • Tenure: 0.0yrs
  • Steve Miller (45yo)

    President

    • Tenure: 3.8yrs
    • Compensation: US$540.09k
  • Robert Reed (54yo)

    Executive VP & Chief Credit Officer

    • Tenure: 0.0yrs
    • Compensation: US$280.83k
  • Lanny Chan

    VP and Personal Banker

    • Tenure: 0.0yrs
  • Michael Fanucchi

    Senior VP & SBA Department Manager

    • Tenure: 0.0yrs
  • Al Smith (80yo)

    Secretary & Director

    • Tenure: 4.8yrs
    • Compensation: US$23.80k
  • David Kraechan

    Senior VP & Commercial Loan Officer

    • Tenure: 0.0yrs
  • Ryan McAbee

    VP & Compliance Officer

    • Tenure: 0.0yrs

Board Members

  • Dan Suchy (76yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$24.08k
  • Steve Miller (45yo)

    President

    • Tenure: 3.8yrs
    • Compensation: US$540.09k
  • Robert Kubo (63yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$20.39k
  • Mark Saleh (56yo)

    Chairman of the Board

    • Tenure: 1.3yrs
    • Compensation: US$33.59k
  • Jack Holt (54yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$23.00k
  • Lorrie Lorenz (61yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$15.20k
  • Jared Martin (42yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$27.73k
  • Joel Slonski (59yo)

    Director

    • Tenure: 4.8yrs
    • Compensation: US$26.90k
  • Al Smith (80yo)

    Secretary & Director

    • Tenure: 4.8yrs
    • Compensation: US$23.80k
  • Sheila Frowsing (36yo)

    Director

    • Tenure: 5.6yrs
    • Compensation: US$19.10k

Company Information

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


Key Information

  • Name: Communities First Financial Corporation
  • Ticker: CFST
  • Exchange: OTCPK
  • Founded: 2005
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$73.566m
  • Shares outstanding: 2.93m
  • Website: https://www.fresnofirstbank.com

Number of Employees


Location

  • Communities First Financial Corporation
  • 7690 North Palm Avenue
  • Suite 101
  • Fresno
  • California
  • 93711
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CFSTOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMar 2006

Biography

Communities First Financial Corporation operates as the holding company for Fresno First Bank that provides various banking products and services for individuals, professionals, and businesses in Central C ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 23:57
End of Day Share Price2019/08/15 00:00
Earnings2019/06/30
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.