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FRFC

First Robinson Financial OTCPK:FRFC Stock Report

Last Price

US$48.01

Market Cap

US$26.0m

7D

0.02%

1Y

-8.6%

Updated

05 Aug, 2022

Data

Company Financials
FRFC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends4/6

FRFC Stock Overview

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.

First Robinson Financial Competitors

Price History & Performance

Summary of all time highs, changes and price drops for First Robinson Financial
Historical stock prices
Current Share PriceUS$48.01
52 Week HighUS$70.00
52 Week LowUS$47.00
Beta-0.014
1 Month Change0%
3 Month Changen/a
1 Year Change-8.55%
3 Year Change-11.09%
5 Year Change19.73%
Change since IPO231.10%

Recent News & Updates

Shareholder Returns

FRFCUS BanksUS Market
7D0.02%0.3%1.0%
1Y-8.6%-14.1%-12.8%

Return vs Industry: FRFC exceeded the US Banks industry which returned -13.2% over the past year.

Return vs Market: FRFC exceeded the US Market which returned -12.7% over the past year.

Price Volatility

Is FRFC's price volatile compared to industry and market?
FRFC volatility
FRFC Average Weekly Movementn/a
Banks Industry Average Movement3.7%
Market Average Movement8.1%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market3.2%

Stable Share Price: Insufficient data to determine FRFC's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine FRFC's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
199776Rick Catthttps://www.frsb.net

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, money market, and individual retirement accounts; direct deposits; and certificates of deposit. 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.

First Robinson Financial Fundamentals Summary

How do First Robinson Financial's earnings and revenue compare to its market cap?
FRFC fundamental statistics
Market CapUS$25.95m
Earnings (TTM)US$2.73m
Revenue (TTM)US$14.24m

9.5x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FRFC income statement (TTM)
RevenueUS$14.24m
Cost of RevenueUS$0
Gross ProfitUS$14.24m
Other ExpensesUS$11.51m
EarningsUS$2.73m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)5.05
Gross Margin100.00%
Net Profit Margin19.16%
Debt/Equity Ratio173.4%

How did FRFC perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

23%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is FRFC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FRFC?

Other financial metrics that can be useful for relative valuation.

FRFC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does FRFC's PE Ratio compare to its peers?

FRFC PE Ratio vs Peers
The above table shows the PE ratio for FRFC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average10.3x
OAKV Oak View Bankshares
11.1xn/aUS$27.5m
INFT Infinity Bank
8.2xn/aUS$28.9m
GLBZ Glen Burnie Bancorp
14.4xn/aUS$31.1m
CYSM Community Bancorp of Santa Maria
7.9xn/aUS$22.4m
FRFC First Robinson Financial
9.5xn/aUS$26.0m

Price-To-Earnings vs Peers: FRFC is good value based on its Price-To-Earnings Ratio (9.5x) compared to the peer average (10.3x).


Price to Earnings Ratio vs Industry

How does FRFC's PE Ratio compare vs other companies in the US Banks Industry?

Price-To-Earnings vs Industry: FRFC is good value based on its Price-To-Earnings Ratio (9.5x) compared to the US Banks industry average (9.8x)


Price to Earnings Ratio vs Fair Ratio

What is FRFC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FRFC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate FRFC's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of FRFC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FRFC ($48.01) is trading below our estimate of fair value ($69.1)

Significantly Below Fair Value: FRFC is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.4%

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 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.


Discover growth companies

  • Examine whether First Robinson Financial 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 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.

Past Performance

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

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


6.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FRFC has high quality earnings.

Growing Profit Margin: FRFC's current net profit margins (19.2%) are higher than last year (19.1%).


Past Earnings Growth Analysis

Earnings Trend: FRFC's earnings have grown by 6.4% per year over the past 5 years.

Accelerating Growth: FRFC's earnings growth over the past year (4.3%) is below its 5-year average (6.4% per year).

Earnings vs Industry: FRFC earnings growth over the past year (4.3%) underperformed the Banks industry 9.4%.


Return on Equity

High ROE: FRFC's Return on Equity (10.2%) is considered low.


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Financial Health

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

Financial Health Score

6/6

Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: FRFC's Assets to Equity ratio (17.5x) is moderate.

Allowance for Bad Loans: FRFC has a sufficient allowance for bad loans (391%).

Low Risk Liabilities: 89% of FRFC's liabilities are made up of primarily low risk sources of funding.

Loan Level: FRFC has an appropriate level of Loans to Assets ratio (42%).

Low Risk Deposits: FRFC's Loans to Deposits ratio (50%) is appropriate.

Level of Bad Loans: FRFC has an appropriate level of bad loans (0.3%).


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Dividend

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

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.58%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: FRFC's dividend (2.58%) is higher than the bottom 25% of dividend payers in the US market (1.53%).

High Dividend: FRFC's dividend (2.58%) is low compared to the top 25% of dividend payers in the US market (4.1%).


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

Earnings Coverage: With its low payout ratio (23.2%), FRFC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


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Management

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

25.6yrs

Average board tenure


CEO

Rick Catt (69 yo)

33.58yrs

Tenure

US$167,763

Compensation

Mr. Rick L. Catt has been the President, Chief Executive Officer of First Robinson Financial Corporation and serves as Director since March 1997 and also serves at First Robinson Savings Bank, National Ass...


Board Members

Experienced Board: FRFC's board of directors are seasoned and experienced ( 25.6 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 Robinson Financial Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: First Robinson Financial Corporation
  • Ticker: FRFC
  • Exchange: OTCPK
  • Founded: 1997
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$25.955m
  • Shares outstanding: 540.61k
  • Website: https://www.frsb.net

Number of Employees


Location

  • First Robinson Financial Corporation
  • 501 East Main Street
  • Robinson
  • Illinois
  • 62454
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/05 00:00
End of Day Share Price2022/08/04 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.