CMRB Stock Overview

Operates as a commercial bank that provides various banking products and services to small and medium-sized businesses, professional entities, and individuals in the United States. More details

CMRB fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 45.9% below our estimate of its fair value

Risk Analysis

Earnings have declined by 1.2% per year over past 5 years

My Notes

Capture your thoughts, links and company narrative

First Commerce Bancorp, Inc. Competitors

PSB Holdings

OTCPK:PSBQ

US$109.7m

Pathfinder Bancorp

NasdaqCM:PBHC

US$107.1m

Croghan Bancshares

OTCPK:CHBH

US$98.1m

SR Bancorp

NasdaqCM:SRBK

US$105.5m

Price History & Performance

Summary of share price highs, lows and changes for First Commerce Bancorp
Historical stock prices
Current Share Price	US$5.00
52 Week High	US$6.50
52 Week Low	US$5.00
Beta	0.41
1 Month Change	-4.58%
3 Month Change	-12.13%
1 Year Change	-20.63%
3 Year Change	-15.25%
5 Year Change	-20.00%
Change since IPO	-23.08%

Recent updates

Shareholder Returns

	CMRB	US Banks	US Market
7D	0%	0.1%	-1.1%
1Y	-20.6%	28.7%	22.4%

Return vs Industry: CMRB underperformed the US Banks industry which returned 28.7% over the past year.

Return vs Market: CMRB underperformed the US Market which returned 22.4% over the past year.

Price Volatility

Is CMRB's price volatile compared to industry and market?
CMRB volatility
CMRB Average Weekly Movement	2.5%
Banks Industry Average Movement	5.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: CMRB has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CMRB's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2006	152	n/a	www.firstcommercebk.com

First Commerce Bancorp, Inc. operates as a commercial bank that provides various banking products and services to small and medium-sized businesses, professional entities, and individuals in the United States. The company offers business banking products and services, including checking, money market express, non-profit checking, IOLTA checking, interest business checking, deposit escrow sub accounting, and NOW checking services; and business services, such as merchant, e-statements for business, ACH manager, positive pay, remote deposit, business online banking, wire manager, and business mobile services. It also provides personal banking products and services, such as checking accounts, saving accounts, and personal services.

First Commerce Bancorp, Inc. Fundamentals Summary

How do First Commerce Bancorp's earnings and revenue compare to its market cap?
CMRB fundamental statistics
Market cap	US$103.91m
Earnings (TTM)	US$9.21m
Revenue (TTM)	US$41.31m

11.3x

P/E Ratio

0.6x

P/B Ratio

Is CMRB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CMRB income statement (TTM)
Revenue	US$41.31m
Cost of Revenue	US$0
Gross Profit	US$41.31m
Other Expenses	US$32.11m
Earnings	US$9.21m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.44
Gross Margin	100.00%
Net Profit Margin	22.28%
Debt/Equity Ratio	105.1%

How did CMRB perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 09:33
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Commerce Bancorp, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution