Denmark Bancshares, Inc. operates as the bank holding company for Denmark State Bank that provides banking products and services to individuals and businesses in Wisconsin.
Proven track record with adequate balance sheet and pays a dividend.
Share Price & News
How has Denmark Bancshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DMKB.A has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: DMKB.A exceeded the US Banks industry which returned -34.8% over the past year.
Return vs Market: DMKB.A exceeded the US Market which returned -15.9% over the past year.
Price Volatility Vs. Market
How volatile is Denmark Bancshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Denmark Bancshares 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: DMKB.A ($25.2) is trading above our estimate of fair value ($13.06)
Significantly Below Fair Value: DMKB.A is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DMKB.A is poor value based on its PE Ratio (17.9x) compared to the Banks industry average (8.5x).
PE vs Market: DMKB.A is poor value based on its PE Ratio (17.9x) compared to the US market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DMKB.A's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DMKB.A is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (0.8x).
How is Denmark Bancshares 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 Denmark Bancshares 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.
- Check out Denmark Bancshares's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- 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 Denmark Bancshares's filings and announcements here.
- Explore growth companies in the Banks industry.
How has Denmark Bancshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DMKB.A has high quality earnings.
Growing Profit Margin: DMKB.A's current net profit margins (21.6%) are higher than last year (20.6%).
Past Earnings Growth Analysis
Earnings Trend: DMKB.A's earnings have grown by 15% per year over the past 5 years.
Accelerating Growth: DMKB.A's earnings growth over the past year (12.7%) is below its 5-year average (15% per year).
Earnings vs Industry: DMKB.A earnings growth over the past year (12.7%) exceeded the Banks industry 10.9%.
Return on Equity
High ROE: DMKB.A's Return on Equity (7.1%) is considered low.
How is Denmark Bancshares'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: DMKB.A has a low level of unsold assets or inventory.
Debt Coverage by Assets: DMKB.A's debt is covered by short term assets (assets are 1.1x debt).
Financial Institutions Analysis
Asset Level: DMKB.A's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if DMKB.A has a sufficient allowance for bad loans.
Low Risk Liabilities: DMKB.A's liabilities are made up of primarily low risk sources of funding.
Loan Level: DMKB.A has an acceptable proportion of non-loan assets held.
Low Risk Deposits: DMKB.A's loans are broadly funded by customer deposits.
Level of Bad Loans: Insufficient data to determine if DMKB.A has an appropriate level of bad loans.
What is Denmark Bancshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DMKB.A's dividend (2.17%) is higher than the bottom 25% of dividend payers in the US market (2.07%).
High Dividend: DMKB.A's dividend (2.17%) is low compared to the top 25% of dividend payers in the US market (5.82%).
Stability and Growth of Payments
Stable Dividend: DMKB.A's dividends per share have been stable in the past 10 years.
Growing Dividend: DMKB.A's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38.8%), DMKB.A'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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Scot Thompson (56yo)
Mr. Scot G. Thompson has been Chief Executive Officer and President at Denmark Bancshares, Inc. and Denmark State Bank since May 2014. Mr. Thompson serves as Chairman at Denmark Bancshares, Inc. Mr. Thomps ...
|Chairman of the Board||no data||no data||1.01% $814.6k|
|Director||0.33yr||no data||no data|
|Independent Director||18.25yrs||US$20.06k||1.01% $814.6k|
|Director||1yr||no data||no data|
Experienced Board: DMKB.A's board of directors are seasoned and experienced ( 12.1 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.
Denmark Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Denmark Bancshares, Inc.
- Ticker: DMKB.A
- Exchange: OTCPK
- Founded: 1909
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$80.689m
- Shares outstanding: 3.20m
- Website: https://www.denmarkstate.com
- Denmark Bancshares, Inc.
- 103 East Main Street
- PO Box 130
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DMKB.A||OTCPK (Pink Sheets LLC)||Yes||Class A Common Stock||US||USD||Dec 2003|
|DMKB.B||OTCPK (Pink Sheets LLC)||Class B Non-Voting Common Stock||US||USD||Aug 2016|
Denmark Bancshares, Inc. operates as the bank holding company for Denmark State Bank that provides banking products and services to individuals and businesses in Wisconsin. It provides checking, savings, kid’s club, holiday club savings, and money market accounts, as well as certificates of deposits. The company also offers loans comprising hometown mortgage, conventional fixed rate mortgage, construction, home equity, consumer, mortgage crusher, real estate, and business loans; home equity line of credit; line of credit and letter of credit for businesses; and farm credit. In addition, it provides online, telephone, and mobile banking services; debit, ATM, credit, and gift cards; and cash management and retirement services. The company operates through a network of six offices primarily in Brown, Kewaunee, Manitowoc, and Outagamie counties. Denmark Bancshares, Inc. was founded in 1909 and is headquartered in Denmark, Wisconsin.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/05 04:55|
|End of Day Share Price||2020/04/01 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.