company background image
EQFN

Equitable FinancialOTCPK:EQFN Stock Report

Last Price

US$12.80

Market Cap

US$34.2m

7D

-0.8%

1Y

7.1%

Updated

23 Jan, 2022

Data

Company Financials
EQFN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends0/6

EQFN Stock Overview

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

Equitable Financial Competitors

Timberland Bancorp

NasdaqGM:TSBK

US$240.4m

Riverview Bancorp

NasdaqGS:RVSB

US$170.7m

CF Bankshares

NasdaqCM:CFBK

US$132.9m

FFBW

NasdaqCM:FFBW

US$81.3m

Price History & Performance

Summary of all time highs, changes and price drops for Equitable Financial
Historical stock prices
Current Share PriceUS$12.80
52 Week HighUS$13.30
52 Week LowUS$11.75
Beta0.61
1 Month Change-0.77%
3 Month Change-0.77%
1 Year Change7.11%
3 Year Change12.78%
5 Year Change26.73%
Change since IPO28.00%

Recent News & Updates

Shareholder Returns

EQFNUS MortgageUS Market
7D-0.8%-5.8%-6.1%
1Y7.1%-12.5%4.2%

Return vs Industry: EQFN exceeded the US Mortgage industry which returned -12.5% over the past year.

Return vs Market: EQFN exceeded the US Market which returned 4.2% over the past year.

Price Volatility

Is EQFN's price volatile compared to industry and market?
EQFN volatility
EQFN Average Weekly Movement1.2%
Mortgage Industry Average Movement3.7%
Market Average Movement6.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.4%

Stable Share Price: EQFN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: EQFN's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1882n/aTom Gdowskihttps://www.equitableonline.com

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 checking and savings accounts; recorder checks; online and mobile banking; remote deposit capture; voice banking; credit card processing; debit and gift cards; and safe deposit boxes. It also provides home, home equity, auto, personal, real estate and construction, operating lines of credit, small business administration, and agricultural loans, as well as equipment financing.

Equitable Financial Fundamentals Summary

How do Equitable Financial's earnings and revenue compare to its market cap?
EQFN fundamental statistics
Market CapUS$34.16m
Earnings (TTM)US$4.82m
Revenue (TTM)US$20.78m

7.1x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EQFN income statement (TTM)
RevenueUS$20.78m
Cost of RevenueUS$0
Gross ProfitUS$20.78m
ExpensesUS$15.96m
EarningsUS$4.82m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.81
Gross Margin100.00%
Net Profit Margin23.20%
Debt/Equity Ratio29.8%

How did EQFN perform over the long term?

See historical performance and comparison

Valuation

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

7.09x

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 good value based on its PE Ratio (7.1x) compared to the US Mortgage industry average (12.3x).

PE vs Market: EQFN is good value based on its PE Ratio (7.1x) compared to the US market (16.5x).


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 (0.8x) compared to the US Mortgage industry average (1x).


Future Growth

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

-5.1%

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.


Past Performance

How has Equitable Financial performed over the past 5 years?

31.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EQFN has high quality earnings.

Growing Profit Margin: EQFN's current net profit margins (23.2%) are higher than last year (16.9%).


Past Earnings Growth Analysis

Earnings Trend: EQFN's earnings have grown significantly by 31.1% per year over the past 5 years.

Accelerating Growth: EQFN's earnings growth over the past year (64.4%) exceeds its 5-year average (31.1% per year).

Earnings vs Industry: EQFN earnings growth over the past year (64.4%) exceeded the Mortgage industry 32%.


Return on Equity

High ROE: EQFN's Return on Equity (11.8%) is considered low.


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 (10.5x) is moderate.

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

Low Risk Liabilities: 96% 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 (79%).

Low Risk Deposits: EQFN's Loans to Deposits ratio (91%) is appropriate.

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


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?

14.4yrs

Average board tenure


CEO

Tom Gdowski (60 yo)

13.08yrs

Tenure

US$448,067

Compensation

Mr. Thomas E. Gdowski, also Known as Tom joined Equitable Bank in 2005. Mr. Gdowski is President, CEO and Chairman of the Board of Directors of Equitable Financial Corp. With being in banking and financial...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Tom's total compensation is reasonable compared to companies of similar size in the US market.

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


Board Members

Experienced Board: EQFN's board of directors are seasoned and experienced ( 14.4 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 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
  • Implied Market Cap: US$34.162m
  • Shares outstanding: 2.67m
  • Website: https://www.equitableonline.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 23:09
End of Day Share Price2022/01/20 00:00
Earnings2021/09/30
Annual Earnings2021/06/30


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.