OTCPK:EQFN

Stock Analysis Report

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Executive Summary

Equitable Financial Corp. operates as the holding company for Equitable Bank that provides various banking products and services in Nebraska, the United States. More Details


Snowflake Analysis

Adequate balance sheet with questionable track record.


Similar Companies

Share Price & News

How has Equitable Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EQFN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.2%

EQFN

-5.0%

US Mortgage

-1.4%

US Market


1 Year Return

-16.3%

EQFN

-20.2%

US Mortgage

17.8%

US Market

Return vs Industry: EQFN exceeded the US Mortgage industry which returned -19.2% over the past year.

Return vs Market: EQFN underperformed the US Market which returned 18.5% over the past year.


Shareholder returns

EQFNIndustryMarket
7 Day0.2%-5.0%-1.4%
30 Day-0.8%2.6%4.7%
90 Day9.9%9.5%8.2%
1 Year-16.3%-16.3%-17.8%-20.2%20.5%17.8%
3 Year-0.8%-0.8%-5.8%-13.6%42.2%32.7%
5 Year26.8%26.8%20.1%4.0%83.4%62.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Equitable Financial undervalued compared to its fair value and its price relative to the market?

16.91x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EQFN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EQFN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: EQFN is poor value based on its PE Ratio (16.9x) compared to the US Mortgage industry average (11.1x).

PE vs Market: EQFN is good value based on its PE Ratio (16.9x) compared to the US market (19x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EQFN's PB Ratio (0.9x) is in line with the US Mortgage industry average.


Next Steps

Future Growth

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

-11.9%

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 Equitable Financial 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.


Next Steps

Past Performance

How has Equitable Financial performed over the past 5 years?

17.4%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: EQFN has high quality earnings.

Growing Profit Margin: EQFN's current net profit margins (13.1%) are lower than last year (13.2%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if EQFN's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare EQFN's past year earnings growth to its 5-year average.

Earnings vs Industry: EQFN earnings growth over the past year (17.4%) exceeded the Mortgage industry 6%.


Return on Equity

High ROE: EQFN's Return on Equity (5.1%) is considered low.


Next Steps

Financial Health

How is Equitable Financial'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


Financial Institutions Analysis

Asset Level: EQFN's Assets to Equity ratio (9.2x) is low.

Allowance for Bad Loans: Insufficient data to determine if EQFN has a sufficient allowance for bad loans.

Low Risk Liabilities: 94% of EQFN's liabilities are made up of primarily low risk sources of funding.

Loan Level: EQFN has an appropriate level of Loans to Assets ratio (91%).

Low Risk Deposits: EQFN's Loans to Deposits ratio (108%) is appropriate.

Level of Bad Loans: Insufficient data to determine if EQFN has an appropriate level of bad loans.


Next Steps

Dividend

What is Equitable Financial current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EQFN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EQFN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EQFN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EQFN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EQFN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

10.4yrs

Average management tenure


CEO

Tom Gdowski (59 yo)

11.83yrs

Tenure

US$448,067

Compensation

Thomas E. Gdowski joined Equitable Bank in 2005. With over 20 years in the banking and financial services industry, he strives to share his considerable business expertise with others. He received his Bach ...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD589.00K).

Compensation vs Earnings: Tom's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Gdowski
President11.83yrsUS$448.07kno data
David Richardson
Director7.75yrsUS$296.74kno data
Douglas Nodgaard
Community Bank President of Omaha & Community Bank President of Omaha - Equitable Bank7.42yrsUS$255.17kno data
Darcy Ray
Chief Financial Officerno datano datano data
Levi Fisher
Director6.75yrsno datano data
Teresa Hartwig
Corporate Secretaryno datano datano data

10.4yrs

Average Tenure

42yo

Average Age

Experienced Management: EQFN's management team is seasoned and experienced (10.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Gdowski
President11.83yrsUS$448.07kno data
David Richardson
Director7.75yrsUS$296.74kno data
Levi Fisher
Director6.75yrsno datano data
Benedict Wassinger
Independent Chairman of the Board13yrsUS$78.74kno data
Douglas Redman
Independent Director15.75yrsUS$66.44kno data
Pamela Price
Independent Director15.75yrsUS$61.94kno data
Vincent Dugan
Independent Director13.17yrsUS$60.14kno data
William Westering
Independent Director2.92yrsno datano data

13.1yrs

Average Tenure

60yo

Average Age

Experienced Board: EQFN's board of directors are seasoned and experienced ( 13.1 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Equitable Financial Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Equitable Financial Corp.
  • Ticker: EQFN
  • Exchange: OTCPK
  • Founded: 1882
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$28.558m
  • Shares outstanding: 2.81m
  • Website: https://www.equitableonline.com

Number of Employees


Location

  • Equitable Financial Corp.
  • 113 North Locust Street
  • Grand Island
  • Nebraska
  • 68801
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EQFNOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 2005

Biography

Equitable Financial Corp. operates as the holding company for Equitable Bank that provides various banking products and services in Nebraska, the United States. The company offers consumer, commercial, and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 00:33
End of Day Share Price2020/10/20 00:00
Earnings2019/09/30
Annual Earnings2019/06/30


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.