How does ESBS's PE Ratio compare to its peers?

ESBS is expensive based on its Price-To-Earnings Ratio (61.9x) compared to the peer average (15x).

How does ESBS's PE Ratio compare vs other companies in the US Banks Industry?

ESBS is expensive based on its Price-To-Earnings Ratio (61.9x) compared to the US Banks industry average (12.4x).

What is ESBS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate ESBS's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of ESBS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ESBS ($6.5) is trading below our estimate of [[fair value]] ($7.81)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

ESBS Stock Overview

Through its subsidiary, Empire State Bank, provides various financial services in New York. More details

ESBS fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 16.8% below our estimate of its fair value

Risk Analysis

Shareholders have been diluted in the past year

Does not have a meaningful market cap ($45M)

Large one-off items impacting financial results

Profit margins (4.8%) are lower than last year (12.6%)

My Notes

Capture your thoughts, links and company narrative

ES Bancshares, Inc. Competitors

Northeast Indiana Bancorp

OTCPK:NIDB

US$44.4m

FCN Banc

OTCPK:FBVI

US$46.9m

FFW

OTCPK:FFWC

US$44.2m

Baker Boyer Bancorp

OTCPK:BBBK

US$44.3m

Price History & Performance

Summary of share price highs, lows and changes for ES Bancshares
Historical stock prices
Current Share Price	US$6.50
52 Week High	US$6.60
52 Week Low	US$5.00
Beta	0.36
1 Month Change	-0.61%
3 Month Change	2.36%
1 Year Change	28.21%
3 Year Change	22.64%
5 Year Change	27.45%
Change since IPO	-39.53%

Recent updates

Shareholder Returns

	ESBS	US Banks	US Market
7D	0%	0.1%	-1.1%
1Y	28.2%	28.7%	22.4%

Return vs Industry: ESBS matched the US Banks industry which returned 28.7% over the past year.

Return vs Market: ESBS exceeded the US Market which returned 22.4% over the past year.

Price Volatility

Is ESBS's price volatile compared to industry and market?
ESBS volatility
ESBS Average Weekly Movement	2.2%
Banks Industry Average Movement	5.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: ESBS has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ESBS's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2004	n/a	Phil Guarnieri	www.esbna.com

ES Bancshares, Inc., through its subsidiary, Empire State Bank, provides various financial services in New York. The company offers various deposit products, including personal and business checking, money market, and savings accounts; individual retirement accounts; and certificates of deposits, as well as term certificate accounts. It also provides SBA loans and lines of credit, commercial term loans, commercial letters of credit, residential and commercial real estate loans, multi-family loans, commercial business, home equity loans, and consumer loans.

ES Bancshares, Inc. Fundamentals Summary

How do ES Bancshares's earnings and revenue compare to its market cap?
ESBS fundamental statistics
Market cap	US$44.68m
Earnings (TTM)	US$722.00k
Revenue (TTM)	US$14.98m

61.9x

P/E Ratio

0.9x

P/B Ratio

Is ESBS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ESBS income statement (TTM)
Revenue	US$14.98m
Cost of Revenue	US$0
Gross Profit	US$14.98m
Other Expenses	US$14.25m
Earnings	US$722.00k

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.11
Gross Margin	100.00%
Net Profit Margin	4.82%
Debt/Equity Ratio	131.7%

How did ESBS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 11:44
End of Day Share Price	2024/12/26 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ES Bancshares, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

ES Bancshares OTCPK:ESBS Stock Report