OTCPK:ERKH

Stock Analysis Report

Eureka Homestead Bancorp

Executive Summary

Eureka Homestead Bancorp, Inc. operates as the holding company for Eureka Homestead that provides various banking products and services.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.003%

ERKH

1.2%

US Mortgage

1.3%

US Market


1 Year Return

n/a

ERKH

12.2%

US Mortgage

5.9%

US Market

Return vs Industry: Insufficient data to determine how ERKH performed against the US Mortgage industry.

Return vs Market: Insufficient data to determine how ERKH performed against the US Market.


Shareholder returns

ERKHIndustryMarket
7 Day0.003%1.2%1.3%
30 Day-0.2%-0.6%-1.9%
90 Day0.3%2.4%-1.8%
1 Yearn/a14.6%12.2%8.3%5.9%
3 Yearn/a39.9%30.4%45.6%36.2%
5 Yearn/a68.7%51.1%66.1%47.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

67.8x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate ERKH's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate ERKH's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ERKH is poor value based on its PE Ratio (67.8x) compared to the Mortgage industry average (14.4x).

PE vs Market: ERKH is poor value based on its PE Ratio (67.8x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ERKH is overvalued based on its PB Ratio (1.4x) compared to the US Mortgage industry average (1.1x).


Next Steps

Future Growth

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

26.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ERKH's forecast earnings growth (26.7% per year) is above the savings rate (2.7%).

Earnings vs Market: ERKH's earnings (26.7% per year) are forecast to grow faster than the US market (14.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

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

High Growth Revenue: Insufficient data to determine if ERKH'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 ERKH's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Eureka Homestead Bancorp performed over the past 5 years?

91.5%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if ERKH's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare ERKH's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: ERKH earnings growth over the past year (91.5%) exceeded the Mortgage industry 31.7%.


Return on Equity

High ROE: ERKH's Return on Equity (2.1%) is considered low.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Eureka Homestead 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: ERKH has a low level of unsold assets or inventory.

Debt Coverage by Assets: ERKH's debt is not covered by short term assets (assets are 0.7x debt).


Financial Institutions Analysis

Asset Level: ERKH's level of assets compared to its equity is low.

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

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

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

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

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


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if ERKH'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 ERKH's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

14.8yrs

Average board tenure


CEO

Alan Heintzen (66yo)

23.8yrs

Tenure

US$399,041

Compensation

Mr. Alan T. Heintzen serves as Chairman of the Board and Chief Executive Officer at Eureka Homestead and also serves as Director since 1996. Mr. Heintzen has been Chief Executive Officer and Director of Eu ...


CEO Compensation Analysis

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

Compensation vs Earnings: Insufficient data to compare Alan's compensation with company performance.


Board Age and Tenure

14.8yrs

Average Tenure

71yo

Average Age

Experienced Board: ERKH's board of directors are seasoned and experienced ( 14.8 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.


Ownership Breakdown


Management Team

  • Alan Heintzen (66yo)

    Chairman of the Board

    • Tenure: 23.8yrs
    • Compensation: US$399.04k
  • Cecil Haskins (63yo)

    President

    • Tenure: 5.8yrs
    • Compensation: US$230.82k

Board Members

  • Robert Shofstahl (71yo)

    Director

    • Tenure: 24.8yrs
    • Compensation: US$30.25k
  • Wilbur Toups (78yo)

    Director

    • Tenure: 24.8yrs
    • Compensation: US$27.40k
  • Alan Heintzen (66yo)

    Chairman of the Board

    • Tenure: 23.8yrs
    • Compensation: US$399.04k
  • Nick Sagona (71yo)

    Director

    • Tenure: 6.8yrs
    • Compensation: US$15.40k
  • Cecil Haskins (63yo)

    President

    • Tenure: 5.8yrs
    • Compensation: US$230.82k
  • Patrick Gibbs (71yo)

    Director

    • Tenure: 9.8yrs
    • Compensation: US$16.80k
  • Creed Brierre (72yo)

    Director

    • Tenure: 19.8yrs
    • Compensation: US$15.00k

Company Information

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


Key Information

  • Name: Eureka Homestead Bancorp, Inc.
  • Ticker: ERKH
  • Exchange: OTCPK
  • Founded: 1884
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$17.356m
  • Shares outstanding: 1.43m
  • Website: https://www.eurekahomestead.com

Number of Employees


Location

  • Eureka Homestead Bancorp, Inc.
  • 1922 Veterans Memorial Boulevard
  • Metairie
  • Louisiana
  • 70005
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ERKHOTCPK (Pink Sheets LLC)YesNew Common StockUSUSDJul 2019

Biography

Eureka Homestead Bancorp, Inc. operates as the holding company for Eureka Homestead that provides various banking products and services. It accepts various deposit products, including savings accounts and  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 00:36
End of Day Share Price2019/10/11 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.