OTCPK:EQFN

Stock Analysis Report

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.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Risks

  • Equitable Financial's last earnings update was 468 days ago.
  • Equitable Financial is not covered by any analysts.

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


Market Performance


7 Day Return

0%

OTCPK:EQFN

-1.2%

US Mortgage

-1.6%

US Market


1 Year Return

1.7%

OTCPK:EQFN

-2.8%

US Mortgage

-3.0%

US Market

EQFN outperformed the Mortgage industry which returned -2.8% over the past year.

EQFN outperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

EQFNIndustryMarket
7 Day0%-1.2%-1.6%
30 Day0.7%-2.7%-5.7%
90 Day2.5%-1.6%0.2%
1 Year1.7%1.7%-0.8%-2.8%-0.8%-3.0%
3 Year40.2%40.2%29.8%21.1%38.1%29.1%
5 Year127.6%127.6%55.3%39.0%50.8%34.1%

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 based on future cash flows and its price relative to the stock market?

40.56x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Equitable Financial is overvalued based on earnings compared to the US Mortgage industry average.

Equitable Financial is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

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


Price Based on Value of Assets

Equitable Financial is good value based on assets compared to the US Mortgage industry average.


Next Steps

Future Growth

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

9.3%

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?

-17.9%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Insufficient data to establish if Equitable Financial's year on year earnings growth rate was positive over the past 5 years.

Equitable Financial's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Equitable Financial's 1-year earnings growth is negative, it can't be compared to the US Mortgage industry average.


Return on Equity

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


Return on Assets

Equitable Financial used its assets less efficiently than the US Mortgage industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Equitable Financial 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 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

Information is not available.

Information is not available.


Financial Institutions Analysis

Equitable Financial has an acceptable proportion of non-loan assets held.

Equitable Financial has a sufficient allowance for bad loans.

Equitable Financial's liabilities are made up of primarily low risk sources of funding.

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

Loans at Equitable Financial are broadly funded by customer deposits.

Equitable Financial has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Equitable Financial's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Equitable Financial's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Equitable Financial has not reported any payouts.

Unable to verify if Equitable Financial's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Equitable Financial has not reported any payouts.


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 Equitable Financial's salary, the management and board of directors tenure and is there insider trading?

9.2yrs

Average management tenure


CEO

Tom Gdowski (58yo)

10.7yrs

Tenure

US$459,905

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

Insufficient data for Tom to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.

Tom's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.


Management Age and Tenure

9.2yrs

Average Tenure

41yo

Average Age

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


Board Age and Tenure

12.0yrs

Average Tenure

60yo

Average Age

The average tenure for the Equitable Financial 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.


Recent Insider Transactions

BuyUS$109,68831 Aug 18
William Westering
EntityIndividual
Role
Member of the Board of Directors
Director
Shares9,375
Max PriceUS$11.70

Ownership Breakdown


Management Team

  • Tom Gdowski (58yo)

    President

    • Tenure: 10.7yrs
    • Compensation: US$459.91k
  • Darcy Ray (38yo)

    Chief Financial Officer

    • Tenure: 0.0yrs
  • Douglas Nodgaard (56yo)

    Community Bank President of Omaha & Community Bank President of Omaha - Equitable Bank

    • Tenure: 6.3yrs
    • Compensation: US$255.17k
  • Dave Richardson (40yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: US$308.58k
  • Levi Fisher (41yo)

    Director

    • Tenure: 5.6yrs
  • Teresa Hartwig

    Corporate Secretary

    • Tenure: 0.0yrs

Board Members

  • Tom Gdowski (58yo)

    President

    • Tenure: 10.7yrs
    • Compensation: US$459.91k
  • Gary Hedman (76yo)

    Director

    • Tenure: 14.6yrs
    • Compensation: US$66.24k
  • Ben Wassinger (76yo)

    Chairman of the Board

    • Tenure: 11.8yrs
    • Compensation: US$78.74k
  • Doug Redman (60yo)

    Director

    • Tenure: 14.6yrs
    • Compensation: US$66.44k
  • Pam Price (74yo)

    Director

    • Tenure: 14.6yrs
    • Compensation: US$61.94k
  • Dave Richardson (40yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: US$308.58k
  • Levi Fisher (41yo)

    Director

    • Tenure: 5.6yrs
  • Vince Dugan (57yo)

    Director

    • Tenure: 12.0yrs
    • Compensation: US$60.14k
  • Bill Westering (70yo)

    Director

    • Tenure: 1.8yrs

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$37.464m
  • Shares outstanding: 3.07m
  • 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. It offers deposit products, including checki ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 00:45
End of Day Share Price2019/08/23 00:00
Earnings2018/03/31
Annual Earnings2017/06/30


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.