First Robinson Financial Corporation operates as the holding company for First Robinson Savings Bank, National Association that provides various banking products and financial services to individual and corporate customers.
Flawless balance sheet with solid track record and pays a dividend.
Share Price & News
How has First Robinson Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FRFC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FRFC exceeded the US Banks industry which returned -26.4% over the past year.
Return vs Market: FRFC exceeded the US Market which returned -10.4% over the past year.
Price Volatility Vs. Market
How volatile is First Robinson Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is First Robinson Financial undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FRFC ($59.5) is trading above our estimate of fair value ($53.05)
Significantly Below Fair Value: FRFC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FRFC is poor value based on its PE Ratio (10.7x) compared to the Banks industry average (8.9x).
PE vs Market: FRFC is good value based on its PE Ratio (10.7x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FRFC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FRFC is overvalued based on its PB Ratio (1.1x) compared to the US Banks industry average (0.8x).
How is First Robinson Financial 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 First Robinson 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.
- Check out First Robinson Financial's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- 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 Robinson Financial's filings and announcements here.
- Explore growth companies in the Banks industry.
How has First Robinson Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FRFC has high quality earnings.
Growing Profit Margin: FRFC's current net profit margins (21.2%) are higher than last year (18.4%).
Past Earnings Growth Analysis
Earnings Trend: FRFC's earnings have grown by 8% per year over the past 5 years.
Accelerating Growth: FRFC's earnings growth over the past year (23.9%) exceeds its 5-year average (8% per year).
Earnings vs Industry: FRFC earnings growth over the past year (23.9%) exceeded the Banks industry 10.9%.
Return on Equity
High ROE: FRFC's Return on Equity (10%) is considered low.
How is First Robinson Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: FRFC has a low level of unsold assets or inventory.
Debt Coverage by Assets: FRFC's debt is covered by short term assets (assets are 1.5x debt).
Financial Institutions Analysis
Asset Level: FRFC's level of assets compared to its equity is moderate.
Allowance for Bad Loans: FRFC has a sufficient allowance for bad loans.
Low Risk Liabilities: FRFC's liabilities are made up of primarily low risk sources of funding.
Loan Level: FRFC has an acceptable proportion of non-loan assets held.
Low Risk Deposits: FRFC's loans are broadly funded by customer deposits.
Level of Bad Loans: FRFC has an appropriate level of bad loans (0.55%)
What is First Robinson Financial's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FRFC's dividend (1.95%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: FRFC's dividend (1.95%) is low compared to the top 25% of dividend payers in the US market (5.4%).
Stability and Growth of Payments
Stable Dividend: FRFC's dividends per share have been stable in the past 10 years.
Growing Dividend: FRFC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (5.2%), FRFC's dividend payments are thoroughly 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rick Catt (66yo)
Mr. Rick L. Catt has been the President, Chief Executive Officer & Director of First Robinson Financial Corporation (the “Company”) since March 1997 and First Robinson Savings Bank, National Association si ...
|Independent Director||35.25yrs||US$18.25k||no data|
|Independent Director||27.25yrs||US$17.70k||no data|
|Independent Director||32.25yrs||US$17.20k||no data|
|Vice Chairman of the Board||no data||US$18.25k||no data|
|Chairman of the Board||no data||US$17.80k||no data|
|Director||4.75yrs||no data||no data|
|Director||3.42yrs||no data||no data|
Experienced Board: FRFC's board of directors are seasoned and experienced ( 25.1 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.
First Robinson Financial Corporation's company bio, employee growth, exchange listings and data sources
- Name: First Robinson Financial Corporation
- Ticker: FRFC
- Exchange: OTCPK
- Founded: 1997
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$31.022m
- Shares outstanding: 564.03k
- Website: https://www.frsb.net
Number of Employees
- First Robinson Financial Corporation
- 501 East Main Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FRFC||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Jun 1997|
First Robinson Financial Corporation operates as the holding company for First Robinson Savings Bank, National Association that provides various banking products and financial services to individual and corporate customers. The company offers various deposit products, including checking, savings, and individual retirement accounts; certificates of deposit; and direct deposits. Its loan portfolio comprises personal, home mortgage, home equity, auto, business term, agricultural, and commercial real estate loans, as well as business lines of credit. The company also offers ATM and debit card, mobile deposit, online and mobile banking, telephone banking, bill pay, credit card, e-statement, money transfer, notary, night depository, coin counting, fax, money order, bounce protection, merchant card, and cash management services; and safe deposit boxes, cashier's checks, and trust and investment services. It operates four full service offices. The company serves customers in Crawford and surrounding counties in Illinois; and Knox and surrounding counties in Indiana. First Robinson Financial Corporation was incorporated in 1997 and is headquartered in Robinson, Illinois.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 07:14|
|End of Day Share Price||2020/03/31 00:00|