OTCPK:FNFI

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First Niles Financial

Executive Summary

First Niles Financial, Inc. operates as the holding company for Home Federal Savings and Loan Association of Niles that provides various banking products and services. More Details


Snowflake Analysis

Excellent balance sheet with questionable track record.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

FNFI

-1.7%

US Mortgage

-1.5%

US Market


1 Year Return

28.2%

FNFI

-22.9%

US Mortgage

12.9%

US Market

Return vs Industry: FNFI exceeded the US Mortgage industry which returned -22.9% over the past year.

Return vs Market: FNFI exceeded the US Market which returned 12.9% over the past year.


Shareholder returns

FNFIIndustryMarket
7 Day0%-1.7%-1.5%
30 Day-0.5%-5.3%-1.8%
90 Day16.6%-42.1%6.6%
1 Year31.6%28.2%-20.7%-22.9%15.4%12.9%
3 Year6.3%-0.9%12.6%2.8%39.6%30.2%
5 Year33.6%21.1%12.0%-2.7%93.4%71.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is First Niles Financial undervalued compared to its fair value and its price relative to the market?

43.87x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FNFI's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FNFI's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FNFI is poor value based on its PE Ratio (43.9x) compared to the US Mortgage industry average (11.1x).

PE vs Market: FNFI is poor value based on its PE Ratio (43.9x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FNFI is overvalued based on its PB Ratio (0.9x) compared to the US Mortgage industry average (0.8x).


Next Steps

Future Growth

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

-13.4%

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 First Niles Financial 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

Past Performance

How has First Niles Financial performed over the past 5 years?

2.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: FNFI has high quality earnings.

Growing Profit Margin: FNFI's current net profit margins (13.5%) are higher than last year (13.4%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if FNFI's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare FNFI's past year earnings growth to its 5-year average.

Earnings vs Industry: FNFI earnings growth over the past year (2.5%) underperformed the Mortgage industry 6.9%.


Return on Equity

High ROE: FNFI's Return on Equity (2.3%) is considered low.


Next Steps

Financial Health

How is First Niles Financial'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: FNFI's Assets to Equity ratio (7.4x) is low.

Allowance for Bad Loans: FNFI has a low allowance for bad loans (65%).

Low Risk Liabilities: 71% of FNFI's liabilities are made up of primarily low risk sources of funding.

Loan Level: FNFI has an appropriate level of Loans to Assets ratio (52%).

Low Risk Deposits: FNFI's Loans to Deposits ratio (85%) is appropriate.

Level of Bad Loans: FNFI has an appropriate level of bad loans (1.2%).


Next Steps

Dividend

What is First Niles Financial current dividend yield, its reliability and sustainability?

1.83%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FNFI's dividend (1.83%) is higher than the bottom 25% of dividend payers in the US market (1.66%).

High Dividend: FNFI's dividend (1.83%) is low compared to the top 25% of dividend payers in the US market (4.7%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, FNFI has been paying a dividend for less than 10 years.

Growing Dividend: FNFI has only been paying a dividend for 2 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its 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

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

14.4yrs

Average board tenure


CEO

Dan Csontos (57 yo)

3.75yrs

Tenure

Mr. Daniel E. Csontos, also known as Don, has been the Chief Executive Officer and President of First Niles Financial Inc. and Home Federal Savings & Loan Association of Niles since December 1, 2016. Mr. C ...


Board Members

NamePositionTenureCompensationOwnership
Daniel Csontos
President3.75yrsno datano data
P. Kramer
Chairman of the Board13.42yrsno datano data
William Eddy
Director18.67yrsno datano data
Robert Shaker
Director14.67yrsno datano data
Lance Osborne
Director4.67yrsno datano data

14.4yrs

Average Tenure

57yo

Average Age

Experienced Board: FNFI's board of directors are seasoned and experienced ( 14.4 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

First Niles Financial, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: First Niles Financial, Inc.
  • Ticker: FNFI
  • Exchange: OTCPK
  • Founded: 1897
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$12.256m
  • Shares outstanding: 1.12m
  • Website: https://www.homefedniles.com

Location

  • First Niles Financial, Inc.
  • 55 North Main Street
  • Niles
  • Ohio
  • 44446
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FNFIOTCPK (Pink Sheets LLC)YesCommon StockUSUSDOct 1998

Biography

First Niles Financial, Inc. operates as the holding company for Home Federal Savings and Loan Association of Niles that provides various banking products and services. It accepts checking and savings accou ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/22 05:34
End of Day Share Price2020/09/10 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.