OTCPK:DMKB.A

Stock Analysis Report

Executive Summary

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.

Snowflake

Fundamentals

Adequate balance sheet with questionable track record.

Risks

  • Denmark Bancshares is not covered by any analysts.

Share Price & News

How has Denmark Bancshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:DMKB.A

3.3%

US Banks

2.1%

US Market


1 Year Return

n/a

OTCPK:DMKB.A

-13.8%

US Banks

-0.04%

US Market

No trading data on DMKB.A.

No trading data on DMKB.A.


Share holder returns

DMKB.AIndustryMarket
7 Day0%3.3%2.1%
30 Day3.1%-7.0%-3.2%
90 Day2.9%-2.3%2.8%
1 Yearn/a-11.3%-13.8%2.2%-0.04%
3 Year65.6%53.8%42.5%32.7%41.5%32.3%
5 Yearn/a54.2%37.6%55.0%37.8%

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

Valuation

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

17.98x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Denmark Bancshares is overvalued based on earnings compared to the US Banks industry average.

Denmark Bancshares is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Denmark Bancshares, we can't assess if its growth is good value.


Price Based on Value of Assets

Denmark Bancshares is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

9.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Denmark Bancshares is high growth as no revenue estimate data is available.

Denmark Bancshares's earnings are expected to grow by 9.9% yearly, however this is not considered high growth (20% yearly).

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

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

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


Next Steps

Past Performance

How has Denmark Bancshares performed over the past 5 years?

12.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Denmark Bancshares's 1-year earnings growth exceeds its 5-year average (27.6% vs 12.2%)

Denmark Bancshares's earnings growth has not exceeded the US Banks industry average in the past year (27.6% vs 33.2%).


Return on Equity

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


Return on Assets

Denmark Bancshares 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 Denmark Bancshares 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 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


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Denmark Bancshares has an acceptable proportion of non-loan assets held.

Unable to establish if Denmark Bancshares has a sufficient allowance for bad loans without relevant financial data.

Denmark Bancshares's liabilities are made up of primarily low risk sources of funding.

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

Loans at Denmark Bancshares are broadly funded by customer deposits.

Unable to establish if Denmark Bancshares has an acceptable level of bad loans without bad loans data.


Next Steps

Dividend

What is Denmark Bancshares's current dividend yield, its reliability and sustainability?

2.19%

Current Dividend Yield


Dividend Yield and Payments Analysis

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

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

Whilst dividend payments have been stable, Denmark Bancshares has been paying a dividend for less than 10 years.

Dividend payments have increased, but Denmark Bancshares only paid a dividend in the past 9 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 Denmark Bancshares's salary, the management and board of directors tenure and is there insider trading?

8.1yrs

Average management tenure


CEO

Scot Thompson (56yo)

0.0yrs

Tenure

0

Mr. Scot G. Thompson has been Chief Executive Officer and President at Denmark State Bank since May 2014 and also as President of Denmark Bancshares, Inc. since May 2014. Mr. Thompson serves as Chairman at ...


Management Age and Tenure

8.1yrs

Average Tenure

57.5yo

Average Age

The average tenure for the Denmark Bancshares management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

12.0yrs

Average Tenure

58yo

Average Age

The average tenure for the Denmark Bancshares 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

  • Lonnie Loritz (59yo)

    Vice President of Denmark State Bank and Secretary of Denmark State Bank

    • Tenure: 0.0yrs
  • Jacqui Engebos

    Senior VP & CFO

    • Tenure: 5.6yrs
  • Scot Thompson (56yo)

    Chairman of the Board

    • Tenure: 0.0yrs
  • Kim Andre (48yo)

    VP & Controller of Denmark State Bank

    • Tenure: 12.6yrs
  • David Kappelman (61yo)

    Senior VP & Agribusiness Lending Manager of Denmark State Bank

    • Tenure: 8.1yrs

Board Members

  • Thomas Hartman (66yo)

    Director

    • Tenure: 17.6yrs
    • Compensation: US$17.80k
  • Jack Olsen (68yo)

    Director

    • Tenure: 13.6yrs
    • Compensation: US$257.54k
  • Michael Heim (60yo)

    Director

    • Tenure: 14.3yrs
    • Compensation: US$16.10k
  • Janet Bonkowski (51yo)

    Director

    • Tenure: 10.3yrs
    • Compensation: US$19.00k
  • Scot Thompson (56yo)

    Chairman of the Board

    • Tenure: 0.0yrs
  • William Noel (56yo)

    Director

    • Tenure: 9.3yrs
    • Compensation: US$17.40k
  • Tom Vande Corput

    Director

    • Tenure: 0.3yrs

Company Information

Denmark Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Denmark Bancshares, Inc.
  • Ticker: DMKB.A
  • Exchange: OTCPK
  • Founded: 1909
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$80.968m
  • Shares outstanding: 3.24m
  • Website: https://www.denmarkstate.com

Location

  • Denmark Bancshares, Inc.
  • 103 East Main Street
  • PO Box 130
  • Denmark
  • Wisconsin
  • 54208
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DMKB.AOTCPK (Pink Sheets LLC)YesClass A Common StockUSUSDDec 2003
DMKB.BOTCPK (Pink Sheets LLC)Class B Non-Voting Common StockUSUSDAug 2016

Biography

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, k ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 23:51
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.