OTCPK:FGFH

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Foresight Financial Group

Executive Summary

Foresight Financial Group, Inc. provides various banking services to individuals and businesses in the United States.


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

How has Foresight Financial Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FGFH has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.2%

FGFH

3.1%

US Banks

0.5%

US Market


1 Year Return

-25.8%

FGFH

-15.2%

US Banks

18.7%

US Market

Return vs Industry: FGFH underperformed the US Banks industry which returned -15.2% over the past year.

Return vs Market: FGFH underperformed the US Market which returned 18.7% over the past year.


Shareholder returns

FGFHIndustryMarket
7 Day-1.2%3.1%0.5%
30 Day-3.9%5.7%4.9%
90 Day-4.8%20.1%19.8%
1 Year-24.9%-25.8%-12.2%-15.2%21.2%18.7%
3 Year-13.1%-15.6%-7.2%-14.8%46.2%36.8%
5 Year15.8%10.5%20.9%6.0%85.3%65.1%

Price Volatility Vs. Market

How volatile is Foresight Financial Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

38.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FGFH ($25.7) is trading below our estimate of fair value ($41.84)

Significantly Below Fair Value: FGFH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FGFH is good value based on its PE Ratio (8.8x) compared to the US Banks industry average (10x).

PE vs Market: FGFH is good value based on its PE Ratio (8.8x) compared to the US market (19.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FGFH is good value based on its PB Ratio (0.7x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

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

27.0%

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 Foresight Financial Group 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.


Next Steps

  • Examine whether Foresight Financial Group 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 theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Foresight Financial Group's filings and announcementshere.
  • Explore growth companies in the Banks industry.

Past Performance

How has Foresight Financial Group performed over the past 5 years?

3.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FGFH has high quality earnings.

Growing Profit Margin: FGFH's current net profit margins (24.2%) are lower than last year (26%).


Past Earnings Growth Analysis

Earnings Trend: FGFH's earnings have grown by 3.6% per year over the past 5 years.

Accelerating Growth: FGFH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FGFH had negative earnings growth (-7.8%) over the past year, making it difficult to compare to the Banks industry average (-2.9%).


Return on Equity

High ROE: FGFH's Return on Equity (7.7%) is considered low.


Next Steps

Financial Health

How is Foresight Financial Group'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: FGFH's Assets to Equity ratio (8.7x) is low.

Allowance for Bad Loans: FGFH has a sufficient allowance for bad loans (276%).

Low Risk Liabilities: 98% of FGFH's liabilities are made up of primarily low risk sources of funding.

Loan Level: FGFH has an appropriate level of Loans to Assets ratio (64%).

Low Risk Deposits: FGFH's Loans to Deposits ratio (74%) is appropriate.

Level of Bad Loans: FGFH has an appropriate level of bad loans (0.6%).


Next Steps

Dividend

What is Foresight Financial Group current dividend yield, its reliability and sustainability?

1.40%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FGFH's dividend (1.4%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: FGFH's dividend (1.4%) is low compared to the top 25% of dividend payers in the US market (4.31%).


Stability and Growth of Payments

Stable Dividend: FGFH's dividend payments have been volatile in the past 10 years.

Growing Dividend: FGFH's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (11.6%), FGFH's dividend payments are thoroughly 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.0yrs

Average board tenure


CEO

Rex Entsminger

2.33yrs

Tenure

Mr. Rex K. Entsminger has been the Chief Executive Officer and President of Foresight Financial Group, Inc. since April 16, 2018. Mr. Entsminger was President and Chief Executive Officer of Alpine Bancorp. ...


Board Members

NamePositionTenureCompensationOwnership
Rex Entsminger
President2.33yrsno data0.62%
$ 596.3k
John Morrissey
Director1.08yrsno datano data
Douglas Wagner
Director15.58yrsno data0.16%
$ 153.8k
Robert Stenstrom
Chairman of the Board2.92yrsno data0.55%
$ 525.1k
Carolyn Sluiter
Director14.58yrsno data0.049%
$ 46.5k
John Collman
Director7.58yrsno data0.22%
$ 212.7k
Frederick Kundert
Director7.58yrsno data0.27%
$ 256.4k
Judd Thruman
Director6yrsno data0.027%
$ 25.6k
Douglas Fitzgerald
Director1.83yrsno data0.027%
$ 25.6k

6.0yrs

Average Tenure

Experienced Board: FGFH's board of directors are considered experienced (6 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

Foresight Financial Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Foresight Financial Group, Inc.
  • Ticker: FGFH
  • Exchange: OTCPK
  • Founded: 1986
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$95.475m
  • Shares outstanding: 3.71m
  • Website: https://www.foresightfg.com

Location

  • Foresight Financial Group, Inc.
  • 809 Cannell-Puri Court
  • Suite 5
  • Winnebago
  • Illinois
  • 61088
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FGFHOTCPK (Pink Sheets LLC)YesCommon StockUSUSDOct 1999

Biography

Foresight Financial Group, Inc. provides various banking services to individuals and businesses in the United States. Its deposit products include demand deposits and certificates of deposit; and loan port ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 11:28
End of Day Share Price2020/08/13 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.