OTCPK:FOTB

Stock Analysis Report

First Ottawa Bancshares

Executive Summary

First Ottawa Bancshares, Inc. operates as the holding company for The First National Bank of Ottawa that provides a range of banking and financial services to individual and corporate customers in LaSalle, Grundy, and surrounding counties in Illinois.

Snowflake

Fundamentals

Not a dividend payer with weak fundamentals.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.08%

FOTB

2.7%

US Banks

0.5%

US Market


1 Year Return

n/a

FOTB

2.9%

US Banks

6.8%

US Market

Return vs Industry: Insufficient data to determine how FOTB performed against the US Banks industry.

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


Shareholder returns

FOTBIndustryMarket
7 Day0.08%2.7%0.5%
30 Day-1.4%1.1%-0.8%
90 Day-4.7%2.7%-0.9%
1 Yearn/a5.8%2.9%9.2%6.8%
3 Year30.6%29.2%52.0%41.5%45.6%36.2%
5 Year110.1%108.0%69.2%50.7%63.2%45.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is First Ottawa Bancshares undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: FOTB ($66.55) is trading above our estimate of fair value ($25.1)

Significantly Below Fair Value: FOTB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate FOTB's PE Ratio to determine if it is good value compared to the Banks industry average.

PE vs Market: Insufficient data to calculate FOTB's PE Ratio to determine if it is good value compared to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: Insufficient data to calculate FOTB's PB Ratio to determine if it is good value.


Next Steps

Future Growth

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

0.8%

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 Ottawa Bancshares 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

  • Take a look at our analysis of FOTB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access First Ottawa Bancshares's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has First Ottawa Bancshares performed over the past 5 years?

15.6%

Historical Banks annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, First Ottawa Bancshares has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is First Ottawa Bancshares's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse First Ottawa Bancshares's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. First Ottawa Bancshares has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of FOTB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when First Ottawa Bancshares's financial data was last updated here.
  • Explore more healthy companies in the Banks industry.

Dividend

What is First Ottawa Bancshares's current dividend yield, its reliability and sustainability?

2.82%

Current Dividend Yield


Dividend Yield vs Market

company2.8%marketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: FOTB's dividend (2.82%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: FOTB's dividend (2.82%) is low compared to the top 25% of dividend payers in the US market (3.73%).

Stable Dividend: FOTB's dividend payments have been volatile in the past 10 years.

Growing Dividend: FOTB's dividend payments have fallen over the past 10 years.


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 Ottawa Bancshares's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Steven Gonzalo (51yo)

1.3yrs

Tenure

US$133,517

Compensation

Mr. Steven M. Gonzalo is Chief Executive Officer, President & Director at First Ottawa Bancshares, Inc since July 2018. Mr. Gonzalo is the President and Chief Executive Officer of First National Bank of Ot ...


Management Age and Tenure

1.8yrs

Average Tenure

Experienced Management: FOTB's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Age and Tenure

2.7yrs

Average Tenure

57yo

Average Age

Experienced Board: FOTB's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Insider Trading

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


Ownership Breakdown


Management Team

  • Steven Gonzalo (51yo)

    CEO, President & Director

    • Tenure: 1.3yrs
    • Compensation: US$133.52k
  • Vince Easi (57yo)

    Corporate Secretary

    • Tenure: 1.3yrs
    • Compensation: US$98.09k
  • Kevin Steward

    Chief Trust Officer

    • Tenure: 1.8yrs

Board Members

  • Dan Miller (61yo)

    Director

    • Tenure: 0.9yrs
  • Bradley Armstrong (57yo)

    Director

    • Tenure: 20.8yrs
    • Compensation: US$15.98k
  • John Cantlin (70yo)

    Independent Director

    • Tenure: 20.8yrs
    • Compensation: US$15.97k
  • Steven Gonzalo (51yo)

    CEO, President & Director

    • Tenure: 1.3yrs
    • Compensation: US$133.52k
  • Vince Easi (57yo)

    Corporate Secretary

    • Tenure: 1.3yrs
    • Compensation: US$98.09k
  • Brian Zabel (43yo)

    Independent Director

    • Tenure: 11.8yrs
    • Compensation: US$15.86k
  • Lynn Dubajic

    Director

    • Tenure: 4.1yrs
  • Michael Reagan

    Chairman of the Board

    • Tenure: 1.3yrs
  • William Walsh

    Director

    • Tenure: 5.8yrs
  • Joe Chiariello

    Director

    • Tenure: 0.9yrs

Company Information

First Ottawa Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: First Ottawa Bancshares, Inc.
  • Ticker: FOTB
  • Exchange: OTCPK
  • Founded: 1865
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$40.571m
  • Shares outstanding: 609.63k
  • Website: https://www.firstottawa.com

Location

  • First Ottawa Bancshares, Inc.
  • 701 LaSalle Street
  • Downtown
  • Ottawa
  • Illinois
  • 61350
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FOTBOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 2003

Biography

First Ottawa Bancshares, Inc. operates as the holding company for The First National Bank of Ottawa that provides a range of banking and financial services to individual and corporate customers in LaSalle, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 23:47
End of Day Share Price2019/10/15 00:00
Earnings2017/12/31
Annual Earnings2017/12/31


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.