OTCPK:GSBX

Stock Analysis Report

Golden State Bancorp

Executive Summary

Golden State Bancorp operates as the bank holding company for Golden State Bank that provides personal and business banking services in Los Angeles, Orange, Riverside, and San Bernardino counties in California.

Snowflake

Fundamentals

Flawless balance sheet with solid track record.

Risks

  • Golden State Bancorp is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-2.9%

OTCPK:GSBX

3.3%

US Banks

2.1%

US Market


1 Year Return

-8.3%

OTCPK:GSBX

-13.8%

US Banks

-0.04%

US Market

GSBX outperformed the Banks industry which returned -14.8% over the past year.

GSBX underperformed the Market in United States of America which returned 0.2% over the past year.


Share holder returns

GSBXIndustryMarket
7 Day-2.9%3.3%2.1%
30 Day-2.9%-7.0%-3.2%
90 Dayn/a-2.3%2.8%
1 Year-8.3%-8.3%-11.3%-13.8%2.2%-0.04%
3 Year61.0%61.0%42.5%32.7%41.5%32.3%
5 Year65.0%65.0%54.2%37.6%55.0%37.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

2.64x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Golden State Bancorp's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Golden State Bancorp's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Golden State Bancorp is good value based on earnings compared to the US Banks industry average.

Golden State Bancorp is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

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


Price Based on Value of Assets

Golden State Bancorp is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

-11.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Golden State Bancorp is high growth as no revenue estimate data is available.

Golden State Bancorp's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

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

Golden State Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Golden State Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Golden State Bancorp performed over the past 5 years?

87.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Golden State Bancorp's 1-year earnings growth exceeds its 5-year average (225.6% vs 87.7%)

Golden State Bancorp's earnings growth has exceeded the US Banks industry average in the past year (225.6% vs 33.2%).


Return on Equity

Golden State Bancorp has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Golden State Bancorp used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Golden State 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 Golden State 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

Golden State Bancorp has an acceptable proportion of non-loan assets held.

Golden State Bancorp has a sufficient allowance for bad loans.

Golden State Bancorp's liabilities are made up of primarily low risk sources of funding.

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

Loans at Golden State Bancorp are broadly funded by customer deposits.

Golden State Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Golden State Bancorp's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

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

Unable to evaluate Golden State 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 Golden State Bancorp has not reported any payouts.

Unable to verify if Golden State 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 Golden State 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 Golden State Bancorp's salary, the management and board of directors tenure and is there insider trading?


CEO

Robert Setrakian 0

0.0yrs

Tenure

0

Mr. Robert Setrakian serves as Managing Director of Helios Partners Fund Management, LLC. Mr. Setrakian served as Managing Director and General Partner at The Helios Group. He serves as the Chairman of the ...


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Robert Setrakian

    Chairman & CEO

    • Tenure: 0.0yrs
  • Kenneth Shellem

    Senior Vice President of Enterprise Risk Management

    • Tenure: 0.0yrs
  • Maricela Miranda

    Senior VP & BSA Compliance Officer

    • Tenure: 0.0yrs
  • Tom Byington

    Executive VP

    • Tenure: 0.0yrs
  • Joseph Karbum

    Senior VP & Credit Services Administrator

    • Tenure: 0.0yrs
  • Alex Alyuzman

    Senior Vice President

    • Tenure: 0.0yrs
  • Yvonne Chen

    Acting Chief Financial Officer

    • Tenure: 0.6yrs

Board Members

  • Robert Setrakian

    Chairman & CEO

    • Tenure: 0.0yrs
  • Ron Biagi

    Director

    • Tenure: 0.0yrs
  • Alex Hovsepian

    Member of Advisory Board

    • Tenure: 0.0yrs
  • Bernard Kloenne

    Vice Chairman

    • Tenure: 0.0yrs
  • Sverre Thomassen

    Member of Advisory Board

    • Tenure: 0.0yrs
  • Tom Byington

    Executive VP

    • Tenure: 0.0yrs
  • Robert Sorosky

    Director

    • Tenure: 0.0yrs
  • Artak Daldumyan

    Director

    • Tenure: 0.0yrs
  • Chahe Agopian

    Director

    • Tenure: 0.0yrs
  • Zaven Akian

    Director

    • Tenure: 0.0yrs

Company Information

Golden State Bancorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Golden State Bancorp
  • Ticker: GSBX
  • Exchange: OTCPK
  • Founded: 2015
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$23.410m
  • Shares outstanding: 1.42m
  • Website: https://www.goldenstatebancorp.com

Location

  • Golden State Bancorp
  • 500 North Brand Boulevard
  • 23rd floor
  • Glendale
  • California
  • 91203
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GSBXOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2004

Biography

Golden State Bancorp operates as the bank holding company for Golden State Bank that provides personal and business banking services in Los Angeles, Orange, Riverside, and San Bernardino counties in Califo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 00:03
End of Day Share Price2019/08/21 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.