OTCPK:CNBA

Stock Analysis Report

Executive Summary

Chester Bancorp, Inc. operates as the holding company for Chester National Bank that provides a range of banking services to individuals and businesses in Chester, Illinois.


Snowflake Analysis

Second-rate dividend payer with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

CNBA

9.4%

US Banks

9.9%

US Market


1 Year Return

n/a

CNBA

-25.1%

US Banks

-11.9%

US Market

Return vs Industry: Insufficient data to determine how CNBA performed against the US Banks industry.

Return vs Market: Insufficient data to determine how CNBA performed against the US Market.


Shareholder returns

CNBAIndustryMarket
7 Day0%9.4%9.9%
30 Day0%-26.0%-15.0%
90 Day0%-38.6%-21.5%
1 Yearn/a-22.9%-25.1%-10.0%-11.9%
3 Year15.1%1.5%-17.2%-23.3%12.3%5.1%
5 Yearn/a11.6%-1.1%32.5%18.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


Share Price vs. Fair Value

Below Fair Value: CNBA ($18.37) is trading above our estimate of fair value ($7.34)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

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


Next Steps

Future Growth

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

-1.1%

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 Chester Bancorp 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.


Next Steps

  • Take a look at our analysis of CNBA’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • 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 Chester Bancorp's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has Chester Bancorp performed over the past 5 years?

16.3%

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, Chester Bancorp 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.


Next Steps

  • When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at Chester Bancorp's' management and board experience and expertise to assess their ability to deliver on their strategic promises.
  • 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 Chester Bancorp's filings and announcements here.
  • Explore strong past performing companies in the Banks industry.

Financial Health

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


In this section we usually analyse Chester Bancorp'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. Chester Bancorp 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.


Next Steps

  • Take a look at our analysis of CNBA’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. 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.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Chester Bancorp's financial data was last updated here.
  • Explore more healthy companies in the Banks industry.

Dividend

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

4.63%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CNBA's dividend (4.63%) is higher than the bottom 25% of dividend payers in the US market (1.4%).

High Dividend: CNBA's dividend (4.63%) is in the top 25% of dividend payers in the US market (3.66%)


Stability and Growth of Payments

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

Growing Dividend: CNBA'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?

23.8yrs

Average board tenure


CEO

Mike Welge (78yo)

no data

Tenure

Mr. Michael W. Welge, also known as Mike, serves as Chairman, President, Chief Executive Officer and Chief Financial Officer of Chester Bancorp Inc. Mr. Welge has been employed for the past 41 years at Gil ...


Board Members

NamePositionTenureCompensationOwnership
Michael Welge
Chairmanno datano datano data
Thomas Welch
Director23.75yrsno datano data
John Beck
Director23.75yrsno datano data
Ronald Arbeiter
Director11.5yrsno datano data
Thomas Search
Director6.75yrsno datano data

23.8yrs

Average Tenure

78yo

Average Age

Experienced Board: CNBA's board of directors are seasoned and experienced ( 23.8 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

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Chester Bancorp, Inc.
  • Ticker: CNBA
  • Exchange: OTCPK
  • Founded: 1996
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$13.098m
  • Shares outstanding: 713.00k
  • Website: https://www.chesternationalbank.com

Location

  • Chester Bancorp, Inc.
  • 1112 State Street
  • PO Box 327
  • Chester
  • Illinois
  • 62233
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CNBAOTCPK (Pink Sheets LLC)YesCommon StockUSUSDOct 1996

Biography

Chester Bancorp, Inc. operates as the holding company for Chester National Bank that provides a range of banking services to individuals and businesses in Chester, Illinois. It offers checking accounts, such as regular checking, student checking, golden checking, and club checking accounts; savings accounts, including statement savings, Christmas club, and money market accounts; and certificate of deposits and individual retirement accounts. The company also provides loans comprising mortgage, construction, lot, home equity, consumer, business, and student loans; and reorder check services. It operates two full service offices in Sparta, Illinois; and Perryville, Missouri. Chester Bancorp, Inc. was founded in 1996 and is headquartered in Chester, Illinois. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/13 00:30
End of Day Share Price2019/07/15 00:00
Earnings2015/12/31
Annual Earnings2015/12/31


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.