OTCPK:CZBT

Stock Analysis Report

Citizens Bancorp of Virginia

Executive Summary

Citizens Bancorp of Virginia, Inc. operates as the bank holding company for Citizens Bank and Trust Company that provides commercial banking products and services to individuals and businesses in the United States.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.

Risks

  • Citizens Bancorp of Virginia is not covered by any analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:CZBT

2.4%

US Banks

2.9%

US Market


1 Year Return

-3.7%

OTCPK:CZBT

-14.8%

US Banks

0.2%

US Market

CZBT outperformed the Banks industry which returned -15.3% over the past year.

CZBT underperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

CZBTIndustryMarket
7 Day0%2.4%2.9%
30 Day3.0%-6.3%-2.3%
90 Day4.2%-2.1%3.1%
1 Year-0.1%-3.7%-12.4%-14.8%2.4%0.2%
3 Year34.7%20.9%41.7%32.0%41.7%32.4%
5 Year69.3%40.5%52.2%35.7%55.1%37.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Citizens Bancorp of Virginia undervalued based on future cash flows and its price relative to the stock market?

11.71x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Citizens Bancorp of Virginia's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Citizens Bancorp of Virginia's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Citizens Bancorp of Virginia is good value based on earnings compared to the US Banks industry average.

Citizens Bancorp of Virginia is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Citizens Bancorp of Virginia, we can't assess if its growth is good value.


Price Based on Value of Assets

Citizens Bancorp of Virginia is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Citizens Bancorp of Virginia expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Citizens Bancorp of Virginia is high growth as no revenue estimate data is available.

Citizens Bancorp of Virginia's earnings are expected to grow by 5.4% yearly, however this is not considered high growth (20% yearly).

Unable to compare Citizens Bancorp of Virginia's revenue growth to the United States of America market average as no estimate data is available.

Citizens Bancorp of Virginia's earnings growth is positive but not above the United States of America market average.

Citizens Bancorp of Virginia's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Citizens Bancorp of Virginia will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Citizens Bancorp of Virginia performed over the past 5 years?

2.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Citizens Bancorp of Virginia's year on year earnings growth rate has been positive over the past 5 years.

Citizens Bancorp of Virginia's 1-year earnings growth exceeds its 5-year average (28.9% vs 2.9%)

Citizens Bancorp of Virginia's earnings growth has not exceeded the US Banks industry average in the past year (28.9% vs 33.2%).


Return on Equity

Citizens Bancorp of Virginia has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Citizens Bancorp of Virginia used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Citizens Bancorp of Virginia improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

  • Explore strong past performing companies in the Banks industry.

Financial Health

How is Citizens Bancorp of Virginia'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

Information is not available.

Information is not available.


Financial Institutions Analysis

Citizens Bancorp of Virginia has an acceptable proportion of non-loan assets held.

Citizens Bancorp of Virginia has a sufficient allowance for bad loans.

Citizens Bancorp of Virginia's liabilities are made up of primarily low risk sources of funding.

Citizens Bancorp of Virginia's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Citizens Bancorp of Virginia are broadly funded by customer deposits.

Citizens Bancorp of Virginia has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Citizens Bancorp of Virginia's current dividend yield, its reliability and sustainability?

3.54%

Current Dividend Yield


Dividend Yield and Payments Analysis

Citizens Bancorp of Virginia's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Citizens Bancorp of Virginia's dividend is below the markets top 25% of dividend payers in United States of America (3.85%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.5x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Citizens Bancorp of Virginia's salary, the management and board of directors tenure and is there insider trading?

13.9yrs

Average board tenure


CEO

Joe Borgerding (61yo)

13.9yrs

Tenure

US$222,851

Compensation

Mr. Joseph D. Borgerding, also known as Joe, has been the Chief Executive Officer and President of Citizens BanCorp. of Virginia Inc. since September 27, 2005. Mr. Borgerding serves as Chief Executive Offi ...


Board Age and Tenure

13.9yrs

Average Tenure

54.5yo

Average Age

The average tenure for the Citizens Bancorp of Virginia board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Geoffrey Warner (68yo)

    Executive VP & CFO

    • Tenure: 0.0yrs
  • Lynn Shekleton (63yo)

    Executive VP of Human Resources & Branch Administration and Secretary

    • Tenure: 0.0yrs
    • Compensation: US$130.85k
  • Joe Borgerding (61yo)

    President

    • Tenure: 13.9yrs
    • Compensation: US$222.85k
  • Lisa Whitehead

    VP & Controller

    • Tenure: 0.0yrs

Board Members

  • Jerome Wilson (62yo)

    Director

    • Tenure: 16.6yrs
    • Compensation: US$14.70k
  • Sam West (75yo)

    Chairman of the Board

    • Tenure: 10.3yrs
    • Compensation: US$18.90k
  • Jo Anne Webb (66yo)

    Director

    • Tenure: 16.6yrs
    • Compensation: US$14.40k
  • E. Newman (55yo)

    Director

    • Tenure: 15.3yrs
    • Compensation: US$14.10k
  • Billy Coleburn (50yo)

    Director

    • Tenure: 15.6yrs
    • Compensation: US$15.00k
  • Joe Borgerding (61yo)

    President

    • Tenure: 13.9yrs
    • Compensation: US$222.85k
  • Charlie Parker (50yo)

    Vice Chairman

    • Tenure: 0.0yrs
    • Compensation: US$12.30k
  • Timothy Tharpe (52yo)

    Director

    • Tenure: 9.7yrs
    • Compensation: US$13.20k
  • Trey Taylor (41yo)

    Director

    • Tenure: 5.8yrs
  • Anne Courtney Carr (54yo)

    Director

    • Tenure: 4.7yrs

Company Information

Citizens Bancorp of Virginia, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Citizens Bancorp of Virginia, Inc.
  • Ticker: CZBT
  • Exchange: OTCPK
  • Founded: 1873
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$56.599m
  • Shares outstanding: 2.18m
  • Website: https://www.cbtva.com

Location

  • Citizens Bancorp of Virginia, Inc.
  • 126 South Main Street
  • Blackstone
  • Virginia
  • 23824
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CZBTOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 2003

Biography

Citizens Bancorp of Virginia, Inc. operates as the bank holding company for Citizens Bank and Trust Company that provides commercial banking products and services to individuals and businesses in the Unite ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 23:50
End of Day Share Price2019/08/13 00:00
Earnings2019/03/31
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.