Community Shores Bank Corporation operates as the holding company for Community Shores Bank, a community bank that provides various commercial and consumer banking services primarily in the communities of Muskegon County and Northern Ottawa County, Michigan.
Poor track record with weak fundamentals.
Share Price & News
How has Community Shores Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CSHB's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CSHB exceeded the US Banks industry which returned -24.8% over the past year.
Return vs Market: CSHB exceeded the US Market which returned -11.5% over the past year.
Price Volatility Vs. Market
How volatile is Community Shores Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Community Shores Bank 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 CSHB's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CSHB's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CSHB is poor value based on its PE Ratio (21.6x) compared to the Banks industry average (8.9x).
PE vs Market: CSHB is poor value based on its PE Ratio (21.6x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CSHB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: Insufficient data to calculate CSHB's PB Ratio to determine if it is good value.
How is Community Shores Bank 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 Community Shores Bank 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.
- Take a look at our analysis of CSHB’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 Community Shores Bank's filings and announcements here.
- Explore growth companies in the Banks industry.
How has Community Shores Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CSHB has high quality earnings.
Growing Profit Margin: CSHB's current net profit margins (9.2%) are lower than last year (11.3%).
Past Earnings Growth Analysis
Earnings Trend: CSHB's earnings have declined by -50.4% per year over the past 5 years.
Accelerating Growth: CSHB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CSHB had negative earnings growth (-15.7%) over the past year, making it difficult to compare to the Banks industry average (11.2%).
Return on Equity
High ROE: Insufficient data to calculate CSHB's Return on Equity to determine if it is high.
How is Community Shores Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: Insufficient data to determine if CSHB has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if CSHB's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: Insufficient data to determine if CSHB's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if CSHB has a sufficient allowance for bad loans.
Low Risk Liabilities: CSHB reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if CSHB has an acceptable proportion of non-loan assets held.
Low Risk Deposits: CSHB has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if CSHB has an appropriate level of bad loans.
What is Community Shores Bank's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CSHB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CSHB's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CSHB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CSHB'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 CSHB'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 board tenure
Heather Brolick (59yo)
Ms. Heather D. Brolick has been Chief Executive Officer and President of Community Shores Bank Corp. since June 1, 2006. Ms. Brolick has been President of Community Shores Bank, a subsidiary of Community S ...
CEO Compensation Analysis
Compensation vs Market: Heather's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD601.33K).
Compensation vs Earnings: Heather's compensation has been consistent with company performance over the past year.
|Non-Officer Chairman of the Board||13.83yrs||US$11.35k||3.48% $589.3k|
|Independent Director||22.17yrs||US$11.35k||44.21% $7.5m|
|Non-Officer Vice Chairman of the Board||12.17yrs||US$11.35k||14.86% $2.5m|
|Independent Director||6.42yrs||US$11.35k||no data|
|Independent Director||9yrs||US$11.35k||no data|
|Independent Director||2.5yrs||no data||no data|
Experienced Board: CSHB's board of directors are seasoned and experienced ( 12.2 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 not been meaningfully diluted in the past year.
Community Shores Bank Corporation's company bio, employee growth, exchange listings and data sources
- Name: Community Shores Bank Corporation
- Ticker: CSHB
- Exchange: OTCPK
- Founded: 1998
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$16.940m
- Shares outstanding: 4.13m
- Website: https://www.communityshores.com
Number of Employees
- Community Shores Bank Corporation
- 1030 West Norton Avenue
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CSHB||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Dec 1998|
Community Shores Bank Corporation operates as the holding company for Community Shores Bank, a community bank that provides various commercial and consumer banking services primarily in the communities of Muskegon County and Northern Ottawa County, Michigan. The company offers various deposit services, including checking and savings accounts, time deposits, certificates of deposit, and individual retirement accounts. Its loan portfolio comprises fixed rate and adjustable rates loans, construction loans and loans for condominiums; home equity loans; and construction permanent loans. The company also provides installment loans and credit lines, including automobile loans, boat loans, recreational vehicle loans, home improvement loans, personal loans, and personal lines of credit; credit cards; and business loans, such as small business lines of credit, term loans commercial real estate loans, letters of credit, and SBA loans. In addition, it offers electronic and mobile banking services; overdrafts; re-order checks, wire transfers, safe deposit boxes, notary services, ATM and one-time debit card overdraft opt-in, gift cards, and courier services; and investment products. The company serves individuals, businesses, schools, associations, churches, nonprofit organizations, financial institutions, and government authorities. Community Shores Bank Corporation was founded in 1998 and is based in Muskegon, Michigan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 01:38|
|End of Day Share Price||2020/03/25 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.