OTCPK:CSHX

Stock Analysis Report

Cashmere Valley Bank

Executive Summary

Cashmere Valley Bank, a state chartered bank, provides banking products and services to small and middle-market businesses, and middle income individuals.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Share Price & News

How has Cashmere Valley Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.4%

CSHX

1.7%

US Banks

1.3%

US Market


1 Year Return

-11.2%

CSHX

0.3%

US Banks

5.9%

US Market

Return vs Industry: CSHX underperformed the US Banks industry which returned 0.3% over the past year.

Return vs Market: CSHX underperformed the US Market which returned 5.9% over the past year.


Shareholder returns

CSHXIndustryMarket
7 Day1.4%1.7%1.3%
30 Day7.0%-2.4%-1.9%
90 Day2.9%1.0%-1.8%
1 Year-9.2%-11.2%3.2%0.3%8.3%5.9%
3 Year53.4%41.1%52.1%41.7%45.6%36.2%
5 Year100.7%75.7%69.8%51.4%66.1%47.9%

Price Volatility Vs. Market

How volatile is Cashmere Valley Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Cashmere Valley Bank undervalued compared to its fair value and its price relative to the market?

11.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: CSHX ($61.5) is trading below our estimate of fair value ($69.46)

Significantly Undervalued: CSHX is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CSHX is good value based on its PE Ratio (11.4x) compared to the Banks industry average (12.5x).

PE vs Market: CSHX is good value based on its PE Ratio (11.4x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate CSHX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CSHX is overvalued based on its PB Ratio (1.2x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Cashmere Valley Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CSHX's forecast earnings growth (3.9% per year) is above the savings rate (2.7%).

Earnings vs Market: CSHX's earnings (3.9% per year) are forecast to grow slower than the US market (14.4% per year).

High Growth Earnings: CSHX's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if CSHX's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if CSHX's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if CSHX's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Cashmere Valley Bank performed over the past 5 years?

7.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CSHX's earnings have grown by 7.1% per year over the past 5 years.

Accelerating Growth: CSHX's earnings growth over the past year (13%) exceeds its 5-year average (7.1% per year).

Earnings vs Industry: CSHX earnings growth over the past year (13%) underperformed the Banks industry 31.8%.


Return on Equity

High ROE: CSHX's Return on Equity (10.7%) is considered low.


Return on Assets

ROA vs Industry: CSHX has a higher Return on Assets than the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate CSHX's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Cashmere Valley Bank'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

Inventory Level: CSHX has a low level of unsold assets or inventory.

Debt Coverage by Assets: CSHX's debt is covered by short term assets (assets are 7.794710x debt).


Financial Institutions Analysis

Asset Level: CSHX's level of assets compared to its equity is low.

Allowance for Bad Loans: CSHX has a sufficient allowance for bad loans.

Low Risk Liabilities: CSHX's liabilities are made up of primarily low risk sources of funding.

Loan Level: CSHX has an acceptable proportion of non-loan assets held.

Low Risk Deposits: CSHX's loans are broadly funded by customer deposits.

Level of Bad Loans: CSHX has an appropriate level of bad loans (0.03%)


Next Steps

Dividend

What is Cashmere Valley Bank's current dividend yield, its reliability and sustainability?

2.11%

Current Dividend Yield


Dividend Yield vs Market

company2.1%marketbottom25%1.5%markettop25%3.8%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: CSHX's dividend (2.11%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: CSHX's dividend (2.11%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: Whilst dividend payments have been stable, CSHX has been paying a dividend for less than 10 years.

Growing Dividend: CSHX's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.3%), CSHX's dividend payments are well 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

What is the CEO of Cashmere Valley Bank's salary, the management and board of directors tenure and is there insider trading?

87.8yrs

Average management tenure


CEO

Greg Oakes (58yo)

5.8yrs

Tenure

0

Mr. Greg Oakes has been the Chief Executive Officer and President of Cashmere Valley Financial Corp. and Cashmere Valley Bank since September 2014 and has been its Director since 2014. Mr. Oakes is Chairma ...


Management Age and Tenure

87.8yrs

Average Tenure

Experienced Management: CSHX's management team is seasoned and experienced (87.8 years average tenure).


Board Age and Tenure

16.8yrs

Average Tenure

Experienced Board: CSHX's board of directors are seasoned and experienced ( 16.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Mike Lundstrom (44yo)

    Executive VP & CFO

    • Tenure: 0yrs
  • W. Rieke

    Co-Founder

    • Tenure: 87.8yrs
  • H. Rieke

    Co-Founder

    • Tenure: 87.8yrs
  • Greg Oakes (58yo)

    President

    • Tenure: 5.8yrs
  • Connie Fritz

    Executive VP & Chief Retail Banking Officer

    • Tenure: 0yrs
  • Sue Ozburn

    Chief Information Officer & Executive VP

    • Tenure: 0yrs
  • Deidra Anderson

    Compliance Officer & VP

    • Tenure: 0yrs
  • Art Hansen

    Senior VP of Financial Services Group & Financial Services Manager

    • Tenure: 0yrs
  • Chris Ewer

    Senior Vice President

    • Tenure: 0yrs
  • Jennifer West

    AVP & Human Resource Director

    • Tenure: 0yrs

Board Members

  • John Doyle (49yo)

    Vice Chairman of the Board

    • Tenure: 0.4yrs
  • Greg Oakes (58yo)

    President

    • Tenure: 5.8yrs
  • Brian Nelson

    Director

    • Tenure: 23.8yrs
  • Lyman Boyd

    Chairman of the Board

    • Tenure: 0.4yrs
  • Judy Conner

    Director

    • Tenure: 18.8yrs
  • Bill Dronen

    Director

    • Tenure: 17.8yrs
  • Keith Wiggins

    Director

    • Tenure: 16.8yrs

Company Information

Cashmere Valley Bank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cashmere Valley Bank
  • Ticker: CSHX
  • Exchange: OTCPK
  • Founded: 1932
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$248.706m
  • Shares outstanding: 4.04m
  • Website: https://www.cashmerevalleybank.com

Location

  • Cashmere Valley Bank
  • 117 Aplets Way
  • Cashmere
  • Washington
  • 98815
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CSHXOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 2013

Biography

Cashmere Valley Bank, a state chartered bank, provides banking products and services to small and middle-market businesses, and middle income individuals. It offers checking and savings accounts; personal, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 00:31
End of Day Share Price2019/10/09 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.