OTCPK:GLDT

Stock Analysis Report

Executive Summary

Gold Coast Bancorp, Inc. operates as a holding company for Gold Coast Bank that provides various banking products and services for businesses and individuals in New York.

Snowflake

Fundamentals

Adequate balance sheet with acceptable track record.

Risks

  • Gold Coast Bancorp has significant price volatility in the past 3 months.
  • Gold Coast Bancorp is not covered by any analysts.

Similar Companies

Share Price & News

How has Gold Coast Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:GLDT

-1.8%

US Banks

0.2%

US Market


1 Year Return

14.1%

OTCPK:GLDT

-15.3%

US Banks

-0.7%

US Market

GLDT outperformed the Banks industry which returned -13.6% over the past year.

GLDT outperformed the Market in United States of America which returned 0.3% over the past year.


Share holder returns

GLDTIndustryMarket
7 Day0%-1.8%0.2%
30 Day18.1%-6.4%-2.7%
90 Day37.1%-4.0%1.6%
1 Year14.1%14.1%-12.9%-15.3%1.6%-0.7%
3 Yearn/a41.3%31.7%40.0%30.9%
5 Yearn/a50.8%34.5%53.8%36.8%

Price Volatility Vs. Market

How volatile is Gold Coast Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Gold Coast Bancorp undervalued based on future cash flows and its price relative to the stock market?

24.29x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Gold Coast Bancorp to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Gold Coast Bancorp to establish if it is available at substantial discount.


Price Based on Earnings

Gold Coast Bancorp is overvalued based on earnings compared to the US Banks industry average.

Gold Coast Bancorp is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Gold Coast Bancorp, we can't assess if its growth is good value.


Price Based on Value of Assets

Gold Coast Bancorp is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Gold Coast Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Gold Coast Bancorp is high growth as no revenue estimate data is available.

Gold Coast Bancorp's earnings are expected to grow by 18.1% yearly, however this is not considered high growth (20% yearly).

Unable to compare Gold Coast Bancorp's revenue growth to the United States of America market average as no estimate data is available.

Gold Coast Bancorp's earnings growth is expected to exceed the United States of America market average.

Gold Coast Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Gold Coast Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Gold Coast Bancorp performed over the past 5 years?

20.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Gold Coast Bancorp has delivered over 20% year on year earnings growth in the past 5 years.

Gold Coast Bancorp's 1-year earnings growth exceeds its 5-year average (56.8% vs 20.6%)

Gold Coast Bancorp's earnings growth has exceeded the US Banks industry average in the past year (56.8% vs 33.2%).


Return on Equity

Gold Coast Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Gold Coast Bancorp used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Gold Coast Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Gold Coast Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Gold Coast Bancorp has an acceptable proportion of non-loan assets held.

Unable to establish if Gold Coast Bancorp has a sufficient allowance for bad loans without relevant financial data.

Gold Coast Bancorp's liabilities are made up of primarily low risk sources of funding.

Gold Coast Bancorp's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Gold Coast Bancorp are broadly funded by customer deposits.

Unable to establish if Gold Coast Bancorp has an acceptable level of bad loans without bad loans data.


Next Steps

Dividend

What is Gold Coast Bancorp's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Gold Coast Bancorp's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Gold Coast Bancorp's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Gold Coast Bancorp has not reported any payouts.

Unable to verify if Gold Coast Bancorp's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Gold Coast Bancorp 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 Gold Coast Bancorp's salary, the management and board of directors tenure and is there insider trading?

2.6yrs

Average management tenure


CEO

John Tsunis (68yo)

2.6yrs

Tenure

0

Mr. John Charles Tsunis a Founder of Gold Coast Bank and serves as its Chairman and Chief Executive Officer and Gold Coast Bancorp Inc., received his Law degree from Syracuse University College of Law in 1 ...


Management Age and Tenure

2.6yrs

Average Tenure

The tenure for the Gold Coast Bancorp management team is about average.


Board Age and Tenure

2.6yrs

Average Tenure

68yo

Average Age

The average tenure for the Gold Coast Bancorp board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Catherine Califano (61yo)

    Executive VP

    • Tenure: 2.6yrs
  • John Tsunis (68yo)

    Chairman & CEO

    • Tenure: 2.6yrs
  • Jim Johnis

    President

    • Tenure: 2.6yrs

Board Members

  • Yacov Shamash (69yo)

    Director

    • Tenure: 2.6yrs
  • John Tsunis (68yo)

    Chairman & CEO

    • Tenure: 2.6yrs
  • Lew Meltzer (77yo)

    Director

    • Tenure: 2.6yrs
  • Jim Johnis

    President

    • Tenure: 2.6yrs
  • Thomas Fanning (63yo)

    Director

    • Tenure: 2.6yrs
  • Xenophon Damianos (60yo)

    Vice Chairman

    • Tenure: 2.6yrs
  • Barbara Callaghan

    Director

    • Tenure: 2.6yrs
  • Parviz Farahzad

    Director

    • Tenure: 2.6yrs
  • Peter Ferentinos

    Director

    • Tenure: 2.6yrs
  • Buddy Simmons

    Director

    • Tenure: 2.6yrs

Company Information

Gold Coast Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gold Coast Bancorp, Inc.
  • Ticker: GLDT
  • Exchange: OTCPK
  • Founded: 2008
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$60.388m
  • Shares outstanding: 3.93m
  • Website: https://www.gcbny.com

Location

  • Gold Coast Bancorp, Inc.
  • 2929 Expressway Drive North
  • Islandia
  • New York
  • 11749
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GLDTOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 2017

Biography

Gold Coast Bancorp, Inc. operates as a holding company for Gold Coast Bank that provides various banking products and services for businesses and individuals in New York. It offers various personal product ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 00:37
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.