OTCPK:FNFI

Stock Analysis Report

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 in Niles, Ohio.

Snowflake

Fundamentals

Excellent balance sheet with moderate growth potential.

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


Market Performance


7 Day Return

-8.6%

FNFI

1.7%

US Mortgage

0.5%

US Market


1 Year Return

n/a

FNFI

15.4%

US Mortgage

6.8%

US Market

Return vs Industry: Insufficient data to determine how FNFI performed against the US Mortgage industry.

Return vs Market: Insufficient data to determine how FNFI performed against the US Market.


Shareholder returns

FNFIIndustryMarket
7 Day-8.6%1.7%0.5%
30 Day-8.3%0.6%-0.8%
90 Day-4.1%4.1%-0.9%
1 Yearn/a17.9%15.4%9.2%6.8%
3 Year-25.0%-29.4%41.2%31.7%45.6%36.2%
5 Year-7.6%-16.0%71.9%53.7%63.2%45.4%

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?

31.27x

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 (31.3x) compared to the Mortgage industry average (14.2x).

PE vs Market: FNFI is poor value based on its PE Ratio (31.3x) compared to the US market (17.7x).


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 good value based on its PB Ratio (0.7x) compared to the US Mortgage industry average (1.1x).


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?

26.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FNFI's forecast earnings growth (26.6% per year) is above the savings rate (2.7%).

Earnings vs Market: FNFI's earnings (26.6% per year) are forecast to grow faster than the US market (14.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if FNFI's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if FNFI's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if FNFI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

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

12.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: FNFI's earnings have grown by 12.5% per year over the past 5 years.

Accelerating Growth: FNFI's earnings growth over the past year (2.5%) is below its 5-year average (12.5% per year).

Earnings vs Industry: FNFI earnings growth over the past year (2.5%) underperformed the Mortgage industry 31.5%.


Return on Equity

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


Return on Assets

ROA vs Industry: FNFI's Return on Assets is below or equal to the Mortgage industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate FNFI's Return on Capital Employed to determine if it has improved over the past 3 years.


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

Inventory Level: FNFI has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if FNFI's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: FNFI's level of assets compared to its equity is low.

Allowance for Bad Loans: FNFI has a low allowance for bad loans.

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

Loan Level: FNFI has an acceptable proportion of non-loan assets held.

Low Risk Deposits: FNFI's loans are broadly funded by customer deposits.

Level of Bad Loans: FNFI has an appropriate level of bad loans (1.24%)


Next Steps

Dividend

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

2.57%

Current Dividend Yield


Dividend Yield vs Market

company2.6%marketbottom25%1.4%markettop25%3.7%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: FNFI's dividend (2.57%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: FNFI's dividend (2.57%) is low compared to the top 25% of dividend payers in the US market (3.73%).

Stable Dividend: Too early to tell whether FNFI's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if FNFI's dividend payments are increasing as they only just started paying a dividend.


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

What is the CEO of First Niles Financial's salary, the management and board of directors tenure and is there insider trading?

13.5yrs

Average board tenure


CEO

Dan Csontos (56yo)

2.8yrs

Tenure

0

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 Age and Tenure

13.5yrs

Average Tenure

56yo

Average Age

Experienced Board: FNFI's board of directors are seasoned and experienced ( 13.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Thomas Maley

    Principal Accounting Officer and Controller

    • Tenure: 0yrs
  • Dan Csontos (56yo)

    President

    • Tenure: 2.8yrs
  • Mary Coates

    Chief Financial Officer

    • Tenure: 2.8yrs

Board Members

  • P. Kramer (63yo)

    Chairman of the Board

    • Tenure: 12.5yrs
  • William Eddy (63yo)

    Director

    • Tenure: 17.8yrs
  • Dan Csontos (56yo)

    President

    • Tenure: 2.8yrs
  • Robert Shaker (56yo)

    Director

    • Tenure: 13.8yrs
  • Lance Osborne (39yo)

    Director

    • Tenure: 3.8yrs

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$8.649m
  • Shares outstanding: 1.11m
  • Website: https://www.homefedniles.com

Location

  • First Niles Financial, Inc.
  • 55 North Main Street
  • PO Box 311
  • 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 in Niles, Ohio. The company offers che ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 23:37
End of Day Share Price2019/10/17 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.