Equitable Financial Corp. operates as the holding company for Equitable Bank that provides various banking products and services in Nebraska, the United States.
Adequate balance sheet with proven track record.
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.
7 Day Return
1 Year Return
Return vs Industry: EQFN matched the US Mortgage industry which returned -26.6% over the past year.
Return vs Market: EQFN underperformed the US Market which returned -10.7% over the past year.
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
Is Equitable Financial undervalued compared to its fair value and its price relative to the market?
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 (14.2x) compared to the Mortgage industry average (10.5x).
PE vs Market: EQFN is poor value based on its PE Ratio (14.2x) compared to the US market (13.1x).
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 is good value based on its PB Ratio (0.7x) compared to the US Mortgage industry average (0.8x).
How is Equitable Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Check out Equitable Financial's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Equitable Financial's filings and announcements here.
- Explore growth companies in the Banks industry.
How has Equitable Financial performed over the past 5 years?
Historical annual 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: EQFN's earnings have grown by 12.1% per year over the past 5 years.
Accelerating Growth: EQFN's earnings growth over the past year (17.4%) exceeds its 5-year average (12.1% per year).
Earnings vs Industry: EQFN earnings growth over the past year (17.4%) exceeded the Mortgage industry 11.1%.
Return on Equity
High ROE: EQFN's Return on Equity (5.1%) is considered low.
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
Inventory Level: EQFN has a low level of unsold assets or inventory.
Debt Coverage by Assets: EQFN's debt is not covered by short term assets (assets are 0.6x debt).
Financial Institutions Analysis
Asset Level: EQFN's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if EQFN has a sufficient allowance for bad loans.
Low Risk Liabilities: EQFN's liabilities are made up of primarily low risk sources of funding.
Loan Level: EQFN has an acceptable proportion of non-loan assets held.
Low Risk Deposits: EQFN's loans are broadly funded by customer deposits.
Level of Bad Loans: Insufficient data to determine if EQFN has an appropriate level of bad loans.
What is Equitable Financial's 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 payouts.
High Dividend: Unable to evaluate EQFN's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Gdowski (58yo)
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 ($USD0.00) is below average for companies of similar size in the US market ($USD605.16K).
Compensation vs Earnings: Tom's compensation has increased by more than 20% in the past year.
|Community Bank President of Omaha & Community Bank President of Omaha - Equitable Bank||6.92yrs||US$255.17k||no data|
|Chief Financial Officer||no data||no data||no data|
|Director||6.25yrs||no data||no data|
|Corporate Secretary||no data||no data||no data|
Experienced Management: EQFN's management team is seasoned and experienced (9.9 years average tenure).
|Director||6.25yrs||no data||no data|
|Independent Director||15.25yrs||US$66.24k||no data|
|Chairman of the Board||12.5yrs||US$78.74k||no data|
|Independent Director||15.25yrs||US$66.44k||no data|
|Independent Director||15.25yrs||US$61.94k||no data|
|Independent Director||12.67yrs||US$60.14k||no data|
|Independent Director||2.42yrs||no data||1.28% $321.8k|
Experienced Board: EQFN's board of directors are seasoned and experienced ( 12.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Equitable Financial Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Equitable Financial Corp.
- Ticker: EQFN
- Exchange: OTCPK
- Founded: 1882
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$25.132m
- Shares outstanding: 2.95m
- Website: https://www.equitableonline.com
Number of Employees
- Equitable Financial Corp.
- 113 North Locust Street
- Grand Island
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EQFN||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Nov 2005|
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 checking, savings, and money market deposit accounts, as well as certificates of deposit. The company’s lending products include commercial lines of credit and term loans, commercial real estate loans, agricultural operating loans, agricultural real estate loans, and one-to four-family residential real estate loans, as well as home equity loans, construction and land loans, and consumer loans. It also offers retail brokerage services under the Equitable Wealth Management name; and invests in securities. Equitable Financial Corp. operates through its main office in Grand Island, Nebraska; one full-service branch in each of Grand Island, North Platte, and Omaha, Nebraska; and one additional limited service branch in Grand Island. The company was founded in 1882 and is headquartered in Grand Island, Nebraska. Equitable Financial Corp. is a subsidiary of Equitable Financial MHC.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 01:35|
|End of Day Share Price||2020/03/27 00:00|
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.