Exchange Bank (Santa Rosa, CA), together with its subsidiaries, provides commercial and retail banking services to individuals and businesses in California.
Flawless balance sheet and undervalued.
Share Price & News
How has Exchange Bank (Santa Rosa CA)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EXSR has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: EXSR underperformed the US Banks industry which returned 12.1% over the past year.
Return vs Market: EXSR underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Exchange Bank (Santa Rosa CA)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Exchange Bank (Santa Rosa CA) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EXSR ($164) is trading below our estimate of fair value ($303)
Significantly Below Fair Value: EXSR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EXSR is good value based on its PE Ratio (7.7x) compared to the Banks industry average (12.6x).
PE vs Market: EXSR is good value based on its PE Ratio (7.7x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EXSR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EXSR is good value based on its PB Ratio (1x) compared to the US Banks industry average (1.2x).
How is Exchange Bank (Santa Rosa CA) 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 Exchange Bank (Santa Rosa CA) 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.
- Examine whether Exchange Bank (Santa Rosa CA) is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- 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 Exchange Bank (Santa Rosa CA)'s filings and announcements here.
- Explore growth companies in the Banks industry.
How has Exchange Bank (Santa Rosa CA) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EXSR has a high level of non-cash earnings.
Growing Profit Margin: EXSR's current net profit margins (30.1%) are lower than last year (32.3%).
Past Earnings Growth Analysis
Earnings Trend: EXSR's earnings have grown by 15.5% per year over the past 5 years.
Accelerating Growth: EXSR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EXSR had negative earnings growth (-5.2%) over the past year, making it difficult to compare to the Banks industry average (12.2%).
Return on Equity
High ROE: EXSR's Return on Equity (13.5%) is considered low.
Return on Assets
Return on Capital Employed
How is Exchange Bank (Santa Rosa CA)'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: EXSR has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if EXSR's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: EXSR's level of assets compared to its equity is low.
Allowance for Bad Loans: EXSR has a sufficient allowance for bad loans.
Low Risk Liabilities: EXSR's liabilities are made up of primarily low risk sources of funding.
Loan Level: EXSR has an acceptable proportion of non-loan assets held.
Low Risk Deposits: EXSR's loans are broadly funded by customer deposits.
Level of Bad Loans: EXSR has an appropriate level of bad loans (0.28%)
What is Exchange Bank (Santa Rosa CA)'s current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: EXSR's dividend (2.8%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: EXSR's dividend (2.8%) is low compared to the top 25% of dividend payers in the US market (3.69%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, EXSR has been paying a dividend for less than 10 years.
Growing Dividend: EXSR's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.7%), EXSR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gary Hartwick 0
Gary T. Hartwick was elected to the Board of Exchange Bank (“Bank”) in 2014 when he was appointed President and Chief Executive Officer. He joined the Bank in 2009 and has served as chief credit officer an ...
|President||5.9yrs||no data||no data|
|Executive VP||12.1yrs||no data||no data|
|Senior VP & Chief Information Officer||0yrs||no data||no data|
|Senior VP & Senior Credit Officer of Commercial Lending||0yrs||no data||no data|
|Senior VP & Commercial Banking Manager||0yrs||no data||no data|
|Senior Vice President of Retail Banking||4.6yrs||no data||no data|
|Senior VP and Product Innovation & Delivery Manager||0yrs||no data||no data|
|Senior VP and MD of Investment & Fiduciary Services||3yrs||no data||no data|
|Senior VP & Retail Delivery Group Manager||1.8yrs||no data||no data|
|Senior VP & Wholesale Banking Sales Manager||1.8yrs||no data||no data|
Experienced Management: EXSR's management team is considered experienced (3.8 years average tenure).
|President||5.9yrs||no data||no data|
|Corporate Secretary & Director||23.1yrs||no data||no data|
|Director||12.1yrs||no data||no data|
|Director||1.7yrs||no data||no data|
|Director||6.1yrs||no data||no data|
|Vice Chairman of the Board||10.2yrs||no data||no data|
|Chairman of the Board||5.9yrs||no data||no data|
|Director||10.1yrs||no data||no data|
|Director||6.1yrs||no data||no data|
Experienced Board: EXSR's board of directors are considered experienced (6.1 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.
Exchange Bank (Santa Rosa, CA)'s company bio, employee growth, exchange listings and data sources
- Name: Exchange Bank (Santa Rosa, CA)
- Ticker: EXSR
- Exchange: OTCPK
- Founded: 1890
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$270.812m
- Shares outstanding: 1.71m
- Website: https://www.exchangebank.com
Number of Employees
- Exchange Bank (Santa Rosa, CA)
- PO Box 403
- Santa Rosa
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EXSR||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Jan 1975|
Exchange Bank (Santa Rosa, CA), together with its subsidiaries, provides commercial and retail banking services to individuals and businesses in California. It offers personal banking products and services, including checking and savings accounts; home loans, home equity lines of credit, auto loans, unsecured personal loans, personal lines of credit, and home equity loans; and community rebuild loan programs. The company also provides business banking products and services, such as business checking and savings accounts; merchant services; business equipment leasing; and commercial real estate and construction loans, small business administration loans, and lease financing, as well as vineyard, winery, and agriculture loans. In addition, it offers credit cards; online and mobile banking services; and personal trust administration and investment management services, as well as retirement plans and individual retirement accounts. The company was founded in 1890 and is headquartered in Santa Rosa, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 23:46|
|End of Day Share Price||2020/02/18 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.