OTCPK:DWNX

Stock Analysis Report

Executive Summary

Delhi Bank Corp. operates as a bank holding company for The Delaware National Bank of Delhi that provides commercial and consumer banking services to individual and small business customers in Delaware County, New York.

Snowflake

Fundamentals

Excellent balance sheet with questionable track record.

Risks

  • Delhi Bank is not covered by any analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:DWNX

-1.8%

US Banks

-1.6%

US Market


1 Year Return

n/a

OTCPK:DWNX

-16.1%

US Banks

-3.0%

US Market

No trading data on DWNX.

No trading data on DWNX.


Share holder returns

DWNXIndustryMarket
7 Day0%-1.8%-1.6%
30 Day0.8%-10.6%-5.8%
90 Day0.8%-5.0%0.2%
1 Yearn/a-13.7%-16.1%-0.8%-3.0%
3 Year24.6%16.2%37.9%28.5%38.0%29.1%
5 Year34.3%19.4%49.4%33.2%50.8%34.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

19.82x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Delhi Bank is overvalued based on earnings compared to the US Banks industry average.

Delhi Bank is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

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


Price Based on Value of Assets

Delhi Bank is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

6.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Delhi Bank is high growth as no revenue estimate data is available.

Delhi Bank's earnings are expected to grow by 6.9% yearly, however this is not considered high growth (20% yearly).

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

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

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


Next Steps

Past Performance

How has Delhi Bank performed over the past 5 years?

12.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Delhi Bank's 1-year earnings growth exceeds its 5-year average (28.3% vs 12.2%)

Delhi Bank's earnings growth has not exceeded the US Banks industry average in the past year (28.3% vs 33.1%).


Return on Equity

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


Return on Assets

Delhi Bank 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 Delhi Bank 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 Delhi 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

Information is not available.

Information is not available.


Financial Institutions Analysis

Delhi Bank has an acceptable proportion of non-loan assets held.

Delhi Bank has a low allowance for bad loans.

Delhi Bank's liabilities are made up of primarily low risk sources of funding.

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

Loans at Delhi Bank are broadly funded by customer deposits.

Delhi Bank has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

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

2.14%

Current Dividend Yield


Dividend Yield and Payments Analysis

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

Delhi Bank's dividend is below the markets top 25% of dividend payers in United States of America (3.82%).

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

Dividend payments have increased, but Delhi Bank only paid a dividend in the past 8 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.4x 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 Delhi Bank's salary, the management and board of directors tenure and is there insider trading?

10.1yrs

Average board tenure


CEO

Pete Gioffe (45yo)

1.8yrs

Tenure

0

Mr. Peter V. Gioffe, also known as Pete, has been President of The Delaware National Bank Of Delhi and Delhi Bank Corp. since January 1, 2016. He serves as Chief Executive Officer at The Delaware National  ...


Board Age and Tenure

10.1yrs

Average Tenure

58yo

Average Age

The average tenure for the Delhi Bank 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.


Management Team

  • Pete Gioffe (45yo)

    President

    • Tenure: 1.8yrs
  • Kathryn Pawlikowski

    Secretary

    • Tenure: 0.0yrs

Board Members

  • Paul Roach (64yo)

    Director

    • Tenure: 18.6yrs
  • Bruce McKeegan (60yo)

    Director

    • Tenure: 19.6yrs
  • Michael Finberg (71yo)

    Director

    • Tenure: 21.6yrs
  • Andrew Davis (72yo)

    Chairman of the Board

    • Tenure: 5.6yrs
  • Bob Armstrong (56yo)

    Director

    • Tenure: 14.6yrs
  • Pete Gioffe (45yo)

    President

    • Tenure: 1.8yrs
  • Kristen Baxter (44yo)

    Director

    • Tenure: 4.6yrs
  • Kurt Mable (49yo)

    Director

    • Tenure: 2.6yrs

Company Information

Delhi Bank Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Delhi Bank Corp.
  • Ticker: DWNX
  • Exchange: OTCPK
  • Founded: 1839
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$49.483m
  • Shares outstanding: 1.53m
  • Website: https://www.delhinybank.com

Number of Employees


Location

  • Delhi Bank Corp.
  • 124 Main Street
  • PO Box 508
  • Delhi
  • New York
  • 13753
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DWNXOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 1990

Biography

Delhi Bank Corp. operates as a bank holding company for The Delaware National Bank of Delhi that provides commercial and consumer banking services to individual and small business customers in Delaware Cou ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 23:35
End of Day Share Price2019/08/22 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.