First Keystone
Market Cap
US$128.0m
Last Updated
2019/10/16 23:35 UTC
Data Sources
Company Financials
Executive Summary
First Keystone Corporation operates as a bank holding company for First Keystone Community Bank that provides various banking and related financial services to individual, business, government, and public and institutional customers in Northeastern Pennsylvania market area.
Snowflake
Fundamentals
Flawless balance sheet established dividend payer.
Similar Companies
Share Price & News
How has First Keystone's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.05%
FKYS
4.8%
US Banks
2.3%
US Market
1 Year Return
-13.8%
FKYS
0.04%
US Banks
5.6%
US Market
Return vs Industry: FKYS underperformed the US Banks industry which returned 0% over the past year.
Return vs Market: FKYS underperformed the US Market which returned 5.6% over the past year.
Shareholder returns
| FKYS | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.05% | 4.8% | 2.3% |
| 30 Day | -2.7% | -0.5% | -1.0% |
| 90 Day | -10.6% | 2.0% | -0.7% |
| 1 Year | -9.7%-13.8% | 2.9%0.04% | 7.9%5.6% |
| 3 Year | -0.7%-12.6% | 51.5%41.1% | 45.6%36.3% |
| 5 Year | 18.4%-4.3% | 70.9%52.3% | 65.8%47.6% |
Price Volatility Vs. Market
How volatile is First Keystone's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is First Keystone undervalued compared to its fair value and its price relative to the market?
13.08x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: FKYS ($22.1) is trading above our estimate of fair value ($14.95)
Significantly Undervalued: FKYS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FKYS is poor value based on its PE Ratio (13.1x) compared to the Banks industry average (12.6x).
PE vs Market: FKYS is good value based on its PE Ratio (13.1x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate FKYS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FKYS is good value based on its PB Ratio (1x) compared to the US Banks industry average (1.2x).
Next Steps
Future Growth
How is First Keystone forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
6.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FKYS's forecast earnings growth (6.3% per year) is above the savings rate (2.7%).
Earnings vs Market: FKYS's earnings (6.3% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: FKYS's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if FKYS's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if FKYS'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 FKYS's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has First Keystone performed over the past 5 years?
-1.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: FKYS's earnings have declined by -1.2% per year over the past 5 years.
Accelerating Growth: FKYS's earnings growth over the past year (11.9%) exceeds its 5-year average (-1.2% per year).
Earnings vs Industry: FKYS earnings growth over the past year (11.9%) underperformed the Banks industry 31.8%.
Return on Equity
High ROE: FKYS's Return on Equity (7.7%) is considered low.
Return on Assets
ROA vs Industry: FKYS's Return on Assets is below or equal to the Banks industry average last year.
Return on Capital Employed
ROCE Improving: Insufficient data to calculate FKYS's Return on Capital Employed to determine if it has improved over the past 3 years.
Next Steps
Financial Health
How is First Keystone'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: FKYS has a low level of unsold assets or inventory.
Debt Coverage by Assets: FKYS's debt is not covered by short term assets (assets are 0.1x debt).
Financial Institutions Analysis
Asset Level: FKYS's level of assets compared to its equity is low.
Allowance for Bad Loans: FKYS has a sufficient allowance for bad loans.
Low Risk Liabilities: FKYS's liabilities are made up of primarily low risk sources of funding.
Loan Level: FKYS has an acceptable proportion of non-loan assets held.
Low Risk Deposits: FKYS's loans are broadly funded by customer deposits.
Level of Bad Loans: FKYS has an appropriate level of bad loans (0.73%)
Next Steps
Dividend
What is First Keystone's current dividend yield, its reliability and sustainability?
4.89%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: FKYS's dividend (4.89%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: FKYS's dividend (4.89%) is in the top 25% of dividend payers in the US market (3.76%)
Stable Dividend: FKYS's dividends per share have been stable in the past 10 years.
Growing Dividend: FKYS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (63.9%), FKYS's dividend payments are 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
What is the CEO of First Keystone's salary, the management and board of directors tenure and is there insider trading?
2.4yrs
Average management tenure
CEO
Elaine Woodland (60yo)
1.5yrs
Tenure
US$261,150
Compensation
Ms. Elaine A. Woodland had served as Interim Chief Executive Officer and Interim President of First Keystone Corporation and First Keystone Community Bank from April 24, 2018 to September 2018. She has bee ...
CEO Compensation Analysis
Compensation vs. Market: Elaine has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.
Compensation vs Earnings: Elaine's compensation has increased by more than 20% in the past year.
Management Age and Tenure
2.4yrs
Average Tenure
65yo
Average Age
Experienced Management: FKYS's management team is considered experienced (2.4 years average tenure).
Board Age and Tenure
2.1yrs
Average Tenure
67.5yo
Average Age
Experienced Board: FKYS's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: FKYS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 300 |
| Max Price | US$22.75 |
| Entity | Individual |
| Role | Chairman of the Board Chairman |
| Shares | 409 |
| Max Price | US$24.50 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 485 |
| Max Price | US$24.00 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | US$23.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 100 |
| Max Price | US$23.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 200 |
| Max Price | US$22.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 3,000 |
| Max Price | US$22.40 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 334 |
| Max Price | US$23.25 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 240 |
| Max Price | US$22.75 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 800 |
| Max Price | US$22.50 |
Ownership Breakdown
Management Team
David Saracino (74yo)
Secretary & Director
- Tenure: 1.4yrs
- Compensation: US$80.14k
Diane C. Rosler (54yo)
Senior VP & CFO
- Tenure: 12.8yrs
- Compensation: US$145.50k
John Gerlach (77yo)
Consultant
- Tenure: 1.8yrs
- Compensation: US$16.33k
Elaine Woodland (60yo)
CEO, President & Director
- Tenure: 1.5yrs
- Compensation: US$261.15k
Mark McDonald
Chief Credit Officer & Senior VP
- Tenure: 0yrs
- Compensation: US$131.92k
Linda Yerges (65yo)
Human Resources Manager
- Tenure: 0yrs
Matt Mensinger
Senior VP & Director of Lending
- Tenure: 0yrs
- Compensation: US$146.21k
Jeff Wozniak
Information Security Officer
- Tenure: 0yrs
Cheryl Wynings
Assistant Secretary
- Tenure: 5.8yrs
Board Members
John Arndt (57yo)
Vice Chairman
- Tenure: 2.4yrs
- Compensation: US$40.80k
Robert Bull (96yo)
Director
- Tenure: 36.8yrs
- Compensation: US$40.20k
David Saracino (74yo)
Secretary & Director
- Tenure: 1.4yrs
- Compensation: US$80.14k
Don Bower (70yo)
Director
- Tenure: 18yrs
- Compensation: US$40.20k
Bill Rinehart (69yo)
Director
- Tenure: 1.4yrs
- Compensation: US$23.08k
Robert Bull (66yo)
Chairman
- Tenure: 2.4yrs
- Compensation: US$43.30k
John Gerlach (77yo)
Consultant
- Tenure: 1.8yrs
- Compensation: US$16.33k
Elaine Woodland (60yo)
CEO, President & Director
- Tenure: 1.5yrs
- Compensation: US$261.15k
Nancy Marr (56yo)
Director
- Tenure: 2.7yrs
- Compensation: US$39.40k
Michael Jezewski (61yo)
Director
- Tenure: 1.4yrs
- Compensation: US$22.68k
Company Information
First Keystone Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: First Keystone Corporation
- Ticker: FKYS
- Exchange: OTCPK
- Founded: 1864
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$127.956m
- Shares outstanding: 5.79m
- Website: https://www.fkc.bank
Number of Employees
Location
- First Keystone Corporation
- 111 West Front Street
- Berwick
- Pennsylvania
- 18603
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FKYS | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Oct 1990 |
Biography
First Keystone Corporation operates as a bank holding company for First Keystone Community Bank that provides various banking and related financial services to individual, business, government, and public ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/16 23:35 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.