Cornerstone Community Bancorp operates as a bank holding company for Cornerstone Community Bank that provides commercial, industrial, agricultural and personal credit, and other banking services in Tehama, Shasta, Butte, and Glenn counties and the surrounding areas in California.
Adequate balance sheet and slightly overvalued.
Share Price & News
How has Cornerstone Community Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CRSB has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CRSB exceeded the US Banks industry which returned -22.7% over the past year.
Return vs Market: CRSB underperformed the US Market which returned 16.2% over the past year.
Price Volatility Vs. Market
How volatile is Cornerstone Community Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Cornerstone Community Bancorp undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CRSB's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CRSB's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CRSB is good value based on its PE Ratio (6.8x) compared to the US Banks industry average (9.6x).
PE vs Market: CRSB is good value based on its PE Ratio (6.8x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CRSB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CRSB's PB Ratio (0.8x) is in line with the US Banks industry average.
How is Cornerstone Community Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Cornerstone Community 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.
- Examine Cornerstone Community Bancorp'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 theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Cornerstone Community Bancorp's filings and announcementshere.
- Explore growth companies in the Banks industry.
How has Cornerstone Community Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRSB has high quality earnings.
Growing Profit Margin: CRSB's current net profit margins (28.3%) are lower than last year (29.1%).
Past Earnings Growth Analysis
Earnings Trend: CRSB's earnings have grown significantly by 27.8% per year over the past 5 years.
Accelerating Growth: CRSB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CRSB had negative earnings growth (-5%) over the past year, making it difficult to compare to the Banks industry average (-3%).
Return on Equity
High ROE: CRSB's Return on Equity (11.2%) is considered low.
How is Cornerstone Community Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: CRSB's Assets to Equity ratio (16.6x) is moderate.
Allowance for Bad Loans: Insufficient data to determine if CRSB has a sufficient allowance for bad loans.
Low Risk Liabilities: 79% of CRSB's liabilities are made up of primarily low risk sources of funding.
Loan Level: CRSB has an appropriate level of Loans to Assets ratio (72%).
Low Risk Deposits: CRSB's Loans to Deposits ratio (97%) is appropriate.
Level of Bad Loans: Insufficient data to determine if CRSB has an appropriate level of bad loans.
What is Cornerstone Community Bancorp current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CRSB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CRSB'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 CRSB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CRSB's dividend payments have been increasing.
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: No need to calculate the sustainability of CRSB's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Jeffrey P. Finck, also known as Jeff, has been the President and Chief Executive Officer of Cornerstone Community Bancorp. and Cornerstone Community Bank since 2014 and also served as its Director.
|President & CEO||5.58yrs||no data||no data|
|Executive VP & CFO||5.58yrs||no data||no data|
|Senior VP & Compliance Officer||no data||no data||no data|
|VP & Director of Operations||no data||no data||no data|
|Senior VP & Business Development Officer||no data||no data||no data|
|VP & Director of Marketing||2.33yrs||no data||no data|
|Vice President of Human Resources||2.83yrs||no data||no data|
|Senior VP & Commercial Loan Officer||2.58yrs||no data||no data|
|Senior VP & Director of Information Technology||no data||no data||no data|
|Executive VP & Chief Banking Officer||3.83yrs||no data||no data|
|Senior VP & Commercial Loan Officer||1.08yrs||no data||no data|
|VP & Business Development Officer||no data||no data||no data|
Experienced Management: CRSB's management team is considered experienced (2.8 years average tenure).
|Director||5.58yrs||no data||no data|
|Director||3.58yrs||no data||no data|
|Chairman of the Board||5.58yrs||no data||no data|
|Director||5.58yrs||no data||no data|
|Director||no data||no data||no data|
|Director||2.58yrs||no data||no data|
|Director||1.58yrs||no data||no data|
|Director||no data||no data||no data|
Experienced Board: CRSB's board of directors are considered experienced (4.6 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.4%.
Cornerstone Community Bancorp's company bio, employee growth, exchange listings and data sources
- Name: Cornerstone Community Bancorp
- Ticker: CRSB
- Exchange: OTCPK
- Founded: 2014
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$21.396m
- Shares outstanding: 1.49m
- Website: https://www.bankcornerstone.com
- Cornerstone Community Bancorp
- 500 Riverside Way
- P.O. Box 889
- Red Bluff
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CRSB||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Mar 2007|
Cornerstone Community Bancorp operates as a bank holding company for Cornerstone Community Bank that provides commercial, industrial, agricultural and personal credit, and other banking services in Tehama, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/05 23:57|
|End of Day Share Price||2020/07/22 00:00|
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.