FNBH Bancorp, Inc. operates as the bank holding company for First National Bank in Howell that provides a range of commercial and personal banking services in Michigan.
Flawless balance sheet and good value.
Share Price & News
How has FNBH Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FNHM's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FNHM exceeded the US Banks industry which returned -25.2% over the past year.
Return vs Market: FNHM underperformed the US Market which returned 12.5% over the past year.
Price Volatility Vs. Market
How volatile is FNBH Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is FNBH Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FNHM ($2.1) is trading below our estimate of fair value ($2.64)
Significantly Below Fair Value: FNHM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FNHM is good value based on its PE Ratio (9x) compared to the US Banks industry average (9.6x).
PE vs Market: FNHM is good value based on its PE Ratio (9x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FNHM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FNHM is overvalued based on its PB Ratio (1x) compared to the US Banks industry average (0.8x).
How is FNBH Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 FNBH Bancorp 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.
- Examine whether FNBH Bancorp 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 FNBH Bancorp's filings and announcementshere.
- Explore growth companies in the Banks industry.
How has FNBH Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FNHM has high quality earnings.
Growing Profit Margin: FNHM's current net profit margins (27.4%) are higher than last year (23.1%).
Past Earnings Growth Analysis
Earnings Trend: FNHM's earnings have declined by 2.7% per year over the past 5 years.
Accelerating Growth: FNHM's earnings growth over the past year (39.8%) exceeds its 5-year average (-2.7% per year).
Earnings vs Industry: FNHM earnings growth over the past year (39.8%) exceeded the Banks industry -2.9%.
Return on Equity
High ROE: FNHM's Return on Equity (11.5%) is considered low.
How is FNBH Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: FNHM's Assets to Equity ratio (7.7x) is low.
Allowance for Bad Loans: FNHM has a sufficient allowance for bad loans (438%).
Low Risk Liabilities: 99% of FNHM's liabilities are made up of primarily low risk sources of funding.
Loan Level: FNHM has an appropriate level of Loans to Assets ratio (81%).
Low Risk Deposits: FNHM's Loans to Deposits ratio (94%) is appropriate.
Level of Bad Loans: FNHM has an appropriate level of bad loans (0.4%).
What is FNBH Bancorp current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FNHM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FNHM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FNHM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FNHM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FNHM is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FNHM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ron Long (61 yo)
Mr. Ronald L. Long, also known as Ron, serves as the Chief Executive Officer of First National Bank In Howell since May 12, 2008. Mr. Long served as the President of FNBH Bancorp Inc. and its subsidiary, F ...
CEO Compensation Analysis
Compensation vs Market: Ron's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD608.75K).
Compensation vs Earnings: Ron's compensation has increased by more than 20% in the past year.
|SVP & CFO||11.17yrs||US$114.00k||0.040% |
|Human Resources Officer & Secretary||no data||no data||no data|
|Senior VP & Chief Risk Officer||6.75yrs||no data||no data|
Experienced Management: FNHM's management team is seasoned and experienced (11.2 years average tenure).
|Director||4.5yrs||no data||8.9% |
|Independent Director||23.58yrs||US$16.13k||0.36% |
|Director Emeritus||no data||no data||no data|
|Independent Director||9.58yrs||US$13.25k||2.59% |
|Independent Vice Chairman of the Board||9.58yrs||US$2.25k||38.79% |
|Independent Chairman of the Board||9.83yrs||US$17.69k||1.8% |
|Director||5yrs||no data||0.42% |
|Independent Director||6.25yrs||no data||0.15% |
Experienced Board: FNHM's board of directors are considered experienced (9.6 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
FNBH Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: FNBH Bancorp, Inc.
- Ticker: FNHM
- Exchange: OTCPK
- Founded: 1891
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$58.320m
- Shares outstanding: 27.77m
- Website: https://www.fnbh.com
Number of Employees
- FNBH Bancorp, Inc.
- 101 East Grand River
- PO Box 800
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FNHM||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||May 2002|
FNBH Bancorp, Inc. operates as the bank holding company for First National Bank in Howell that provides a range of commercial and personal banking services in Michigan. The company accepts checking, saving ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/03 00:29|
|End of Day Share Price||2020/07/29 00:00|
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.