OTCPK:FMIA

Stock Analysis Report

Executive Summary

First Miami Bancorp, Inc. operates as the bank holding company for First National Bank of South Miami that provides various financial services to individuals and small businesses.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.

Risks

  • First Miami Bancorp's last earnings update was 202 days ago.
  • First Miami Bancorp is not covered by any analysts.

Share Price & News

How has First Miami Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.5%

OTCPK:FMIA

2.4%

US Banks

2.9%

US Market


1 Year Return

0%

OTCPK:FMIA

-14.8%

US Banks

0.2%

US Market

FMIA outperformed the Banks industry which returned -15.3% over the past year.

FMIA matched the United States of America Market (-0.7%) over the past year.


Share holder returns

FMIAIndustryMarket
7 Day-1.5%2.4%2.9%
30 Day-1.5%-6.3%-2.3%
90 Day2.4%-2.1%3.1%
1 Year0.4%0%-12.4%-14.8%2.4%0.2%
3 Year116.7%113.3%41.7%32.0%41.7%32.4%
5 Year197.6%187.6%52.2%35.7%55.1%37.9%

Price Volatility Vs. Market

How volatile is First Miami Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is First Miami Bancorp undervalued based on future cash flows and its price relative to the stock market?

38.72x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

First Miami Bancorp is overvalued based on earnings compared to the US Banks industry average.

First Miami Bancorp is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for First Miami Bancorp, we can't assess if its growth is good value.


Price Based on Value of Assets

First Miami Bancorp is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is First Miami Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if First Miami Bancorp is high growth as no revenue estimate data is available.

First Miami Bancorp's earnings are expected to grow significantly at over 20% yearly.

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

First Miami Bancorp's earnings growth is expected to exceed the United States of America market average.

First Miami Bancorp'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 First Miami Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has First Miami Bancorp performed over the past 5 years?

17.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

First Miami Bancorp's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

First Miami Bancorp's 1-year earnings growth is negative, it can't be compared to the 5-year average.

First Miami Bancorp's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.


Return on Equity

First Miami Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

First Miami Bancorp 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 First Miami Bancorp 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 First Miami Bancorp'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

First Miami Bancorp has an acceptable proportion of non-loan assets held.

First Miami Bancorp has a sufficient allowance for bad loans.

First Miami Bancorp's liabilities are made up of primarily low risk sources of funding.

First Miami Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at First Miami Bancorp are broadly funded by customer deposits.

First Miami Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is First Miami Bancorp's current dividend yield, its reliability and sustainability?

0.39%

Current Dividend Yield


Dividend Yield and Payments Analysis

First Miami Bancorp's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

First Miami Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.85%).

First Miami Bancorp is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.

First Miami Bancorp is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of First Miami Bancorp's dividends as it is not paying a notable one for United States of America.


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 First Miami Bancorp's salary, the management and board of directors tenure and is there insider trading?


CEO

First Miami Bancorp has no CEO, or we have no data on them.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Drew Dammeier

    Treasurer & Director

    • Tenure: 9.6yrs
  • Bruce MacArthur

    VP & Director

    • Tenure: 31.0yrs
  • Rocky Wirtz

    Chairman & President

    • Tenure: 0.0yrs
  • Pablo Rodriguez

    Senior VP & CFO

    • Tenure: 0.0yrs
  • Donald Hunter

    Secretary

    • Tenure: 0.0yrs

Board Members

  • Drew Dammeier

    Treasurer & Director

    • Tenure: 9.6yrs
  • Bruce MacArthur

    VP & Director

    • Tenure: 31.0yrs
  • Rocky Wirtz

    Chairman & President

    • Tenure: 0.0yrs
  • Arthur Wirtz

    Director

    • Tenure: 0.0yrs
  • Daniel Wirtz

    Director

    • Tenure: 0.0yrs

Company Information

First Miami Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: First Miami Bancorp, Inc.
  • Ticker: FMIA
  • Exchange: OTCPK
  • Founded: 1952
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$111.686m
  • Shares outstanding: 87.26k
  • Website: https://www.fnbsm.com

Location

  • First Miami Bancorp, Inc.
  • 5750 Sunset Drive
  • South Miami
  • Florida
  • 33143
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FMIAOTCPK (Pink Sheets LLC)YesCommon StockUSUSDFeb 1998

Biography

First Miami Bancorp, Inc. operates as the bank holding company for First National Bank of South Miami that provides various financial services to individuals and small businesses. Its primary deposit produ ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 23:36
End of Day Share Price2019/08/20 00:00
Earnings2018/12/31
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.