OTCPK:FSTF

Stock Analysis Report

First State Financial

Executive Summary

First State Financial Corporation operates as the bank holding company for First State Bank, which provides retail and commercial banking services to individuals, and small and medium-sized businesses in the west central region of Florida.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Risks

  • First State Financial has significant price volatility in the past 3 months.
  • First State Financial's last earnings update was 3746 days ago.
  • First State Financial is not covered by any analysts.
  • First State Financial is a small market cap stock, these often have low liquidity.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:FSTF

3.3%

US Banks

2.1%

US Market


1 Year Return

n/a

OTCPK:FSTF

-13.8%

US Banks

-0.04%

US Market

No trading data on FSTF.

No trading data on FSTF.


Share holder returns

FSTFIndustryMarket
7 Day0%3.3%2.1%
30 Day0%-7.0%-3.2%
90 Day900.0%-2.3%2.8%
1 Yearn/a-11.3%-13.8%2.2%-0.04%
3 Year-99.0%-99.0%42.5%32.7%41.5%32.3%
5 Year-99.2%-99.2%54.2%37.6%55.0%37.8%

Price Volatility Vs. Market

How volatile is First State 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 State Financial undervalued based on future cash flows and its price relative to the stock market?


In this section, we usually try to help investors determine whether First State Financial is trading at an attractive price based on the cash flow it is expected to produce in the future. But as First State Financial has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of FSTF’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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through First State Financial regulatory filings here.
  • Explore potentially undervalued companies in the Banks industry.

Future Growth

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

1.8%

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 State 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.


Next Steps

  • Take a look at our analysis of FSTF’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 State Financial's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

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

0.2%

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


In this section we usually analyse First State Financial'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 State Financial 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 FSTF’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 State Financial's financial data was last updated here.
  • Explore more healthy companies in the Banks industry.

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate First State Financial's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate First State Financial's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as First State Financial has not reported any payouts.

Unable to verify if First State Financial's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as First State Financial has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

14.2yrs

Average management tenure


CEO

Jed Wilkinson (71yo)

12.3yrs

Tenure

US$270,367

Compensation

Mr. John E. Wilkinson, also known as Jed served as Chief Executive Officer and President of First State Financial Corp. from April 2007 to August 2009. Mr. Wilkinson served as President and Chief Executive ...


Management Age and Tenure

14.2yrs

Average Tenure

70.5yo

Average Age

The average tenure for the First State Financial management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

20.1yrs

Average Tenure

70yo

Average Age

The average tenure for the First State Financial board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • David Ruppel (65yo)

    EVP & President

    • Tenure: 14.2yrs
    • Compensation: US$230.37k
  • Paul Thatcher (70yo)

    President of the Sarasota Division and Executive Vice President of First State Bank

    • Tenure: 0.0yrs
    • Compensation: US$230.10k
  • Jed Wilkinson (71yo)

    President & CEO

    • Tenure: 12.3yrs
    • Compensation: US$270.37k
  • Dennis Grinsteiner (74yo)

    CFO, Principal Accounting Officer & EVP

    • Tenure: 14.6yrs
    • Compensation: US$129.09k
  • Marion Delay

    Secretary

    • Tenure: 0.0yrs
  • Sarah Makowski

    Financial Officer

    • Tenure: 0.0yrs
  • Dot Snyder

    Controller

    • Tenure: 0.0yrs

Board Members

  • Marshall Reynolds (82yo)

    Director

    • Tenure: 20.6yrs
    • Compensation: US$2.10k
  • Robert Beymer (90yo)

    Director and Chairman of First State Bank

    • Tenure: 0.0yrs
    • Compensation: US$1.40k
  • Dan Harrington (63yo)

    Director

    • Tenure: 19.6yrs
    • Compensation: US$1.05k
  • Robert Shell (75yo)

    Director and Director of First State Bank

    • Tenure: 20.6yrs
    • Compensation: US$1.05k
  • Jed Wilkinson (71yo)

    President & CEO

    • Tenure: 12.3yrs
    • Compensation: US$270.37k
  • Lisa Ulrich (62yo)

    Director of First State Bank

    • Tenure: 17.6yrs
  • Terry Seiders (79yo)

    Director of First State Bank

    • Tenure: 0.0yrs
  • Tom Wright (66yo)

    Director

    • Tenure: 20.6yrs
    • Compensation: US$9.18k
  • John Saputo (69yo)

    Director of First State Bank

    • Tenure: 16.6yrs
  • Nancy Rutland (61yo)

    Director of First State Bank

    • Tenure: 25.6yrs

Company Information

First State Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: First State Financial Corporation
  • Ticker: FSTF
  • Exchange: OTCPK
  • Founded: 1988
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$59.000
  • Shares outstanding: 5.92m
  • Website: https://null

Number of Employees


Location

  • First State Financial Corporation
  • 22 South Links Avenue
  • Sarasota
  • Florida
  • 34246
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FSTFOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 2004

Biography

First State Financial Corporation operates as the bank holding company for First State Bank, which provides retail and commercial banking services to individuals, and small and medium-sized businesses in t ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 23:54
End of Day Share Price2019/07/09 00:00
Earnings2009/03/31
Annual Earnings2008/12/31


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.