OTCPK:ESBS

Stock Analysis Report

Executive Summary

ES Bancshares, Inc., through its subsidiary, Empire State Bank, provides various commercial banking products and services in New York.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Risks

  • ES Bancshares is not covered by any analysts.

Similar Companies

Share Price & News

How has ES Bancshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.8%

OTCPK:ESBS

0.3%

US Banks

0.9%

US Market


1 Year Return

-16.7%

OTCPK:ESBS

-13.6%

US Banks

0.3%

US Market

ESBS underperformed the Banks industry which returned -14.2% over the past year.

ESBS underperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

ESBSIndustryMarket
7 Day-3.8%0.3%0.9%
30 Day-4.5%-5.1%-1.9%
90 Day11.1%-3.5%1.6%
1 Year-16.7%-16.7%-11.2%-13.6%2.6%0.3%
3 Year37.9%37.9%43.6%33.7%41.0%31.8%
5 Year95.1%95.1%53.7%37.0%55.2%38.0%

Price Volatility Vs. Market

How volatile is ES Bancshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is ES Bancshares undervalued based on future cash flows and its price relative to the stock market?

12.08x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

ES Bancshares is good value based on earnings compared to the US Banks industry average.

ES Bancshares is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

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


Price Based on Value of Assets

ES Bancshares is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

16.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if ES Bancshares is high growth as no revenue estimate data is available.

ES Bancshares's earnings are expected to grow by 16.6% yearly, however this is not considered high growth (20% yearly).

Unable to compare ES Bancshares's revenue growth to the United States of America market average as no estimate data is available.

ES Bancshares's earnings growth is expected to exceed the United States of America market average.

ES Bancshares's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if ES Bancshares will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has ES Bancshares performed over the past 5 years?

-15.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

ES Bancshares's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

ES Bancshares's 1-year earnings growth exceeds its 5-year average (192.7% vs -15.1%)

ES Bancshares's earnings growth has exceeded the US Banks industry average in the past year (192.7% vs 33.2%).


Return on Equity

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


Return on Assets

ES Bancshares used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if ES Bancshares 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 ES Bancshares'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

ES Bancshares has an acceptable proportion of non-loan assets held.

ES Bancshares has a sufficient allowance for bad loans.

ES Bancshares's liabilities are made up of primarily low risk sources of funding.

ES Bancshares's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at ES Bancshares are broadly funded by customer deposits.

ES Bancshares has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is ES Bancshares's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

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

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

Unable to perform a dividend volatility check as ES Bancshares has not reported any payouts.

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


Current Payout to Shareholders

Unable to calculate sustainability of dividends as ES Bancshares 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 ES Bancshares's salary, the management and board of directors tenure and is there insider trading?

10.6yrs

Average management tenure


CEO

Phil Guarnieri (61yo)

10.6yrs

Tenure

US$182,354

Compensation

Mr. Philip A. Guarnieri serves Chief Executive Officer of ES Bancshares Inc. Mr. Guarnieri served as President and Co-CEO from 2009 to 2015 and from 2004 to 2008, he served as President and Chief Operating ...


Management Age and Tenure

10.6yrs

Average Tenure

61yo

Average Age

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


Board Age and Tenure

13.6yrs

Average Tenure

63.5yo

Average Age

The average tenure for the ES Bancshares 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.


Management Team

  • Joe MacChia (67yo)

    Senior Vice President of Retail Banking & Operations

    • Tenure: 12.6yrs
    • Compensation: US$118.31k
  • Phil Guarnieri (61yo)

    CEO & Director

    • Tenure: 10.6yrs
    • Compensation: US$182.35k
  • Tom Sperzel (47yo)

    President

    • Tenure: 3.6yrs
    • Compensation: US$138.96k
  • Bryan Lahey (61yo)

    Assistant Vice President of Empire State Bank and Comptroller of Empire State Bank

    • Tenure: 15.6yrs
  • Peggy Edwards

    Corporate Secretary

    • Tenure: 0.0yrs
  • Frank Gleeson (63yo)

    Senior VP & CFO

    • Tenure: 2.6yrs
  • Steve Drobysh

    Senior Vice President of Empire State Bank

    • Tenure: 0.0yrs

Board Members

  • Phil Guarnieri (61yo)

    CEO & Director

    • Tenure: 10.6yrs
    • Compensation: US$182.35k
  • Michael Ostrow (68yo)

    Director

    • Tenure: 13.6yrs
  • Andrew Finkelstein (53yo)

    Director

    • Tenure: 13.6yrs
  • David Mesches (84yo)

    Director

    • Tenure: 13.6yrs
  • Gale Foster (65yo)

    Director

    • Tenure: 13.6yrs
  • Dave Freer (79yo)

    Chairman of the Board

    • Tenure: 3.6yrs
  • Thomas Weddell (62yo)

    Director

    • Tenure: 12.8yrs
  • Albert Pagano (82yo)

    Director

    • Tenure: 13.6yrs
  • Tom Sperzel (47yo)

    President

    • Tenure: 3.6yrs
    • Compensation: US$138.96k
  • Walter Daszkowski (46yo)

    Vice Chairman of the Board

    • Tenure: 3.6yrs

Company Information

ES Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ES Bancshares, Inc.
  • Ticker: ESBS
  • Exchange: OTCPK
  • Founded: 2004
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$16.482m
  • Shares outstanding: 4.12m
  • Website: https://www.esbna.com

Location

  • ES Bancshares, Inc.
  • 68 North Plank Road
  • Newburgh
  • New York
  • 12550
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ESBSOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 2004

Biography

ES Bancshares, Inc., through its subsidiary, Empire State Bank, provides various commercial banking products and services in New York. The company offers various deposit products, including personal and bu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 00:00
End of Day Share Price2019/08/19 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.