OTCPK:EMYB

Stock Analysis Report

Executive Summary

Embassy Bancorp, Inc. operates as the bank holding company for the Embassy Bank for the Lehigh Valley that provides traditional banking and related financial services to individual, business, and government customers in Pennsylvania.

Snowflake

Fundamentals

Flawless balance sheet and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

EMYB

1.4%

US Banks

1.0%

US Market


1 Year Return

-5.4%

EMYB

0.2%

US Banks

6.7%

US Market

Return vs Industry: EMYB underperformed the US Banks industry which returned 0.2% over the past year.

Return vs Market: EMYB underperformed the US Market which returned 6.7% over the past year.


Shareholder returns

EMYBIndustryMarket
7 Day0%1.4%1.0%
30 Day4.7%-2.6%-1.8%
90 Day4.2%0.8%-1.8%
1 Year-4.2%-5.4%3.1%0.2%9.1%6.7%
3 Year52.4%47.6%52.0%41.5%46.1%36.6%
5 Year100.3%89.9%69.7%51.2%66.9%48.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Embassy Bancorp undervalued compared to its fair value and its price relative to the market?

12.09x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: EMYB ($16.75) is trading above our estimate of fair value ($15.96)

Significantly Undervalued: EMYB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EMYB is good value based on its PE Ratio (12.1x) compared to the Banks industry average (12.5x).

PE vs Market: EMYB is good value based on its PE Ratio (12.1x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate EMYB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EMYB is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

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

4.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EMYB's forecast earnings growth (4.5% per year) is above the savings rate (2.7%).

Earnings vs Market: EMYB's earnings (4.5% per year) are forecast to grow slower than the US market (14.5% per year).

High Growth Earnings: EMYB's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if EMYB's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if EMYB's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if EMYB's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Embassy Bancorp performed over the past 5 years?

9.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: EMYB's earnings have grown by 9% per year over the past 5 years.

Accelerating Growth: EMYB's earnings growth over the past year (26.3%) exceeds its 5-year average (9% per year).

Earnings vs Industry: EMYB earnings growth over the past year (26.3%) underperformed the Banks industry 31.8%.


Return on Equity

High ROE: EMYB's Return on Equity (11.1%) is considered low.


Return on Assets

ROA vs Industry: EMYB's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate EMYB's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Embassy 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

Inventory Level: EMYB has a low level of unsold assets or inventory.

Debt Coverage by Assets: EMYB's debt is covered by short term assets (assets are 4.604360x debt).


Financial Institutions Analysis

Asset Level: EMYB's level of assets compared to its equity is moderate.

Allowance for Bad Loans: EMYB has a sufficient allowance for bad loans.

Low Risk Liabilities: EMYB's liabilities are made up of primarily low risk sources of funding.

Loan Level: EMYB has an acceptable proportion of non-loan assets held.

Low Risk Deposits: EMYB's loans are broadly funded by customer deposits.

Level of Bad Loans: EMYB has an appropriate level of bad loans (0.32%)


Next Steps

Dividend

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

1.19%

Current Dividend Yield


Dividend Yield vs Market

company1.2%marketbottom25%1.5%markettop25%3.8%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: EMYB's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: EMYB's dividend (1.19%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: Whilst dividend payments have been stable, EMYB has been paying a dividend for less than 10 years.

Growing Dividend: EMYB's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (14.4%), EMYB's dividend payments are thoroughly 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.


Next Steps

Management

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

11.8yrs

Average management tenure


CEO

Dave Lobach (69yo)

11.8yrs

Tenure

US$928,495

Compensation

Mr. David M. Lobach Jr., also known as Dave, has been Chief Executive Officer of Embassy Bancorp, Inc. (the “Company”) and Embassy Bank (the “Bank”) since 2001 and has been its President since 2008 and Cha ...


CEO Compensation Analysis

Compensation vs. Market: Dave's total compensation ($USD928.50K) is about average for companies of similar size in the US market ($USD495.80K).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.


Management Age and Tenure

11.8yrs

Average Tenure

58yo

Average Age

Experienced Management: EMYB's management team is seasoned and experienced (11.8 years average tenure).


Board Age and Tenure

11.8yrs

Average Tenure

63.5yo

Average Age

Experienced Board: EMYB's board of directors are seasoned and experienced ( 11.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$2,54226 Jun 19
Lynne Neel
EntityIndividual
Role
Senior Key Executive
Executive VP
Shares158.4
Max PriceUS$16.05
BuyUS$48,22826 Jun 19
David Lobach
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares3,000
Max PriceUS$16.50
BuyUS$7,92508 Nov 18
David Lobach
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares500
Max PriceUS$15.85

Ownership Breakdown


Management Team

  • Judy Hunsicker (58yo)

    First Executive Officer

    • Tenure: 11.8yrs
    • Compensation: US$653.25k
  • Dave Lobach (69yo)

    Chairman

    • Tenure: 11.8yrs
    • Compensation: US$928.50k
  • James Bartholomew (65yo)

    Senior Executive Vice President

    • Tenure: 0yrs
    • Compensation: US$569.10k
  • Mark Casciano

    Financial Reporting

    • Tenure: 5.8yrs
  • Diane Cunningham (51yo)

    Executive VP & Branch Administration Officer

    • Tenure: 0yrs
  • Lynne Neel (57yo)

    Executive VP

    • Tenure: 0yrs

Board Members

  • John Englesson (66yo)

    Director

    • Tenure: 11.8yrs
    • Compensation: US$23.05k
  • Chip Banko (60yo)

    Director

    • Tenure: 8.3yrs
    • Compensation: US$17.38k
  • Dave Lobach (69yo)

    Chairman

    • Tenure: 11.8yrs
    • Compensation: US$928.50k
  • Bernard Lesavoy (60yo)

    Director

    • Tenure: 11.8yrs
    • Compensation: US$22.62k
  • John Yurconic (51yo)

    Director

    • Tenure: 11.8yrs
    • Compensation: US$22.63k
  • John Pittman (69yo)

    Director

    • Tenure: 11.8yrs
    • Compensation: US$23.07k
  • Geoffrey Boyer (74yo)

    Director

    • Tenure: 11.8yrs
    • Compensation: US$22.61k
  • Patti Gates Smith (61yo)

    Director

    • Tenure: 3.7yrs
    • Compensation: US$23.00k

Company Information

Embassy Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Embassy Bancorp, Inc.
  • Ticker: EMYB
  • Exchange: OTCPK
  • Founded: 2008
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$125.253m
  • Shares outstanding: 7.48m
  • Website: https://www.embassybank.com

Number of Employees


Location

  • Embassy Bancorp, Inc.
  • Hanover Township
  • Suite 100
  • Bethlehem
  • Pennsylvania
  • 18017
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EMYBOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 2010

Biography

Embassy Bancorp, Inc. operates as the bank holding company for the Embassy Bank for the Lehigh Valley that provides traditional banking and related financial services to individual, business, and governmen ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 00:14
End of Day Share Price2019/10/14 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.