OTCPK:DBCP

Stock Analysis Report

Executive Summary

Delmar Bancorp operates as the holding company for the Bank of Delmarva that provides financial services to individual and corporate customers in the United States.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Risks

  • Delmar Bancorp is not covered by any analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.3%

OTCPK:DBCP

0.3%

US Banks

0.9%

US Market


1 Year Return

-0.7%

OTCPK:DBCP

-13.6%

US Banks

0.3%

US Market

DBCP outperformed the Banks industry which returned -14.2% over the past year.

DBCP matched the United States of America Market (-0.5%) over the past year.


Share holder returns

DBCPIndustryMarket
7 Day-0.3%0.3%0.9%
30 Day-0.7%-5.1%-1.9%
90 Day1.9%-3.5%1.6%
1 Year0.7%-0.7%-11.2%-13.6%2.6%0.3%
3 Year29.8%25.0%43.6%33.7%41.0%31.8%
5 Year50.6%44.2%53.7%37.0%55.2%38.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

11.39x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Delmar Bancorp is good value based on earnings compared to the US Banks industry average.

Delmar Bancorp 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 Delmar Bancorp, we can't assess if its growth is good value.


Price Based on Value of Assets

Delmar Bancorp is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

7.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Delmar Bancorp is high growth as no revenue estimate data is available.

Delmar Bancorp's earnings are expected to grow by 7.9% yearly, however this is not considered high growth (20% yearly).

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

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

Delmar Bancorp'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 Delmar Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Delmar Bancorp performed over the past 5 years?

12.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Delmar Bancorp's 1-year earnings growth exceeds its 5-year average (98.6% vs 12%)

Delmar Bancorp's earnings growth has exceeded the US Banks industry average in the past year (98.6% vs 33.2%).


Return on Equity

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


Return on Assets

Delmar Bancorp used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

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


Next Steps

Financial Health

How is Delmar Bancorp'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

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

Delmar Bancorp has a sufficient allowance for bad loans.

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

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

Loans at Delmar Bancorp are broadly funded by customer deposits.

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


Next Steps

Dividend

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

1.33%

Current Dividend Yield


Dividend Yield and Payments Analysis

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

Delmar Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Delmar Bancorp has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but Delmar Bancorp only paid a dividend in the past 7 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (6.6x 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 Delmar Bancorp's salary, the management and board of directors tenure and is there insider trading?

2.2yrs

Average management tenure


CEO

John Breda (58yo)

2.2yrs

Tenure

0

Mr. John W. Breda has been Chief Executive Officer & President at Delmar Bancorp since June 30, 2016 and served as its Chief Credit Officer and Vice President until June 30, 2016. Mr. Breda serves as Presi ...


CEO Compensation Analysis

Insufficient data for John to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.

Insufficient data for John to compare compensation growth.


Management Age and Tenure

2.2yrs

Average Tenure

61yo

Average Age

The tenure for the Delmar Bancorp management team is about average.


Board Age and Tenure

7.6yrs

Average Tenure

61yo

Average Age

The tenure for the Delmar Bancorp board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jeff Turner (70yo)

    Executive Chairman of the Board

    • Tenure: 7.6yrs
  • John Breda (58yo)

    President

    • Tenure: 2.2yrs
  • Deborah Abbott (64yo)

    Vice President

    • Tenure: 0.0yrs
  • Angela Hill

    Vice President of Bank of Delmarva

    • Tenure: 0.0yrs
  • Roy Lewis

    Senior VP & Chief Information & Technology Officer

    • Tenure: 0.0yrs
  • Betsy Holland (41yo)

    Senior VP

    • Tenure: 3.9yrs
  • Jay Gulbransen

    Assistant VP & Controller

    • Tenure: 0.8yrs

Board Members

  • Ken Lehman (60yo)

    Director

    • Tenure: 5.1yrs
  • Ed Thomas (69yo)

    Director

    • Tenure: 28.6yrs
    • Compensation: US$630.62k
  • Mark Granger (55yo)

    Director

    • Tenure: 19.8yrs
  • Henry Hanna (72yo)

    Director

    • Tenure: 11.4yrs
  • Jeff Turner (70yo)

    Executive Chairman of the Board

    • Tenure: 7.6yrs
  • Robert Wheatley (62yo)

    Director

    • Tenure: 21.3yrs
  • Laura Bren (42yo)

    Director

    • Tenure: 4.6yrs
  • John Breda (58yo)

    President

    • Tenure: 2.2yrs
  • Heidi J. Gilmore (50yo)

    Director

    • Tenure: 4.9yrs
  • David Doane (63yo)

    Director

    • Tenure: 1.7yrs

Company Information

Delmar Bancorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Delmar Bancorp
  • Ticker: DBCP
  • Exchange: OTCPK
  • Founded: 1896
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$74.890m
  • Shares outstanding: 9.99m
  • Website: https://www.bankofdelmarvahb.com

Number of Employees


Location

  • Delmar Bancorp
  • 2245 Northwood Drive
  • Salisbury
  • Maryland
  • 21801
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DBCPOTCPK (Pink Sheets LLC)YesCommon StockUSUSDApr 2000

Biography

Delmar Bancorp operates as the holding company for the Bank of Delmarva that provides financial services to individual and corporate customers in the United States. It offers checking accounts, savings acc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 23:34
End of Day Share Price2019/08/16 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.