OTCPK:GVFF

Stock Analysis Report

Greenville Federal Financial

Executive Summary

Greenville Federal Financial Corporation, through its subsidiary, Greenville Federal, provides financial services in Greenville, Ohio.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.5%

GVFF

2.9%

US Banks

0.07%

US Market


1 Year Return

-10.4%

GVFF

8.6%

US Banks

8.9%

US Market

Return vs Industry: GVFF underperformed the US Banks industry which returned 8.6% over the past year.

Return vs Market: GVFF underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

GVFFIndustryMarket
7 Day0.5%2.9%0.07%
30 Day-2.3%3.4%-0.3%
90 Day2.4%2.1%-1.6%
1 Year-8.0%-10.4%11.8%8.6%11.3%8.9%
3 Year38.6%27.1%54.8%44.1%46.3%36.8%
5 Year57.6%36.1%70.2%51.6%62.1%44.3%

Price Volatility Vs. Market

How volatile is Greenville Federal Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Greenville Federal Financial undervalued compared to its fair value and its price relative to the market?

32.56x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GVFF ($10.75) is trading above our estimate of fair value ($0.47)

Significantly Below Fair Value: GVFF is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GVFF is poor value based on its PE Ratio (32.6x) compared to the Banks industry average (12.6x).

PE vs Market: GVFF is poor value based on its PE Ratio (32.6x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GVFF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GVFF is good value based on its PB Ratio (1.1x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

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

22.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GVFF's forecast earnings growth (22% per year) is above the savings rate (2.7%).

Earnings vs Market: GVFF's earnings (22% per year) are forecast to grow faster than the US market (14.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if GVFF's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if GVFF's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GVFF's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Greenville Federal Financial performed over the past 5 years?

-2.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GVFF's earnings have declined by -2.6% per year over the past 5 years.

Accelerating Growth: GVFF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GVFF had negative earnings growth (-36.3%) over the past year, making it difficult to compare to the Banks industry average (29.7%).


Return on Equity

High ROE: GVFF's Return on Equity (2.8%) is considered low.


Return on Assets

ROA vs Industry: GVFF's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate GVFF's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Greenville Federal Financial'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

Inventory Level: GVFF has a low level of unsold assets or inventory.

Debt Coverage by Assets: GVFF's debt is covered by short term assets (assets are 1.174800x debt).


Financial Institutions Analysis

Asset Level: GVFF's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if GVFF has a sufficient allowance for bad loans.

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

Loan Level: GVFF has an acceptable proportion of non-loan assets held.

Low Risk Deposits: GVFF's loans are broadly funded by customer deposits.

Level of Bad Loans: Insufficient data to determine if GVFF has an appropriate level of bad loans.


Next Steps

Dividend

What is Greenville Federal Financial's current dividend yield, its reliability and sustainability?

2.60%

Current Dividend Yield


Dividend Yield vs Market

company2.6%marketbottom25%1.4%markettop25%3.7%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: GVFF's dividend (2.6%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: GVFF's dividend (2.6%) is low compared to the top 25% of dividend payers in the US market (3.68%).

Stable Dividend: GVFF's dividends per share have been stable in the past 10 years.

Growing Dividend: GVFF's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (63.6%), GVFF's dividend payments are 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.


Next Steps

Management

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

10.4yrs

Average management tenure


CEO

Jeff Kniese (57yo)

10.4yrs

Tenure

US$42,458

Compensation

Mr. Jeff D. Kniese has served as President, Chief Executive Officer and Director of Greenville Federal Financial Corporation (“GFFC”), Greenville Federal and Greenville Federal MHC since May 2009. Prior to ...


Management Age and Tenure

10.4yrs

Average Tenure

Experienced Management: GVFF's management team is seasoned and experienced (10.4 years average tenure).


Board Age and Tenure

12.6yrs

Average Tenure

58yo

Average Age

Experienced Board: GVFF's board of directors are seasoned and experienced ( 12.6 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Susan Allread Barker (43yo)

    Senior VP

    • Tenure: 13.9yrs
  • Jeff Kniese (57yo)

    President

    • Tenure: 10.4yrs
    • Compensation: US$42.46k
  • Robyn Studabaker

    Assistant Vice President of Human Resources

    • Tenure: 0yrs
  • Nicki Gillespie

    Assistant VP & Controller

    • Tenure: 0yrs
  • Tina Jones

    Assistant VP & Chief Credit Officer

    • Tenure: 1.8yrs

Board Members

  • Jim Ward (74yo)

    Chairman of the Board

    • Tenure: 14.8yrs
    • Compensation: US$33.51k
  • George Luce (58yo)

    Independent Director

    • Tenure: 14.8yrs
    • Compensation: US$20.81k
  • Richard O’Brien (73yo)

    Independent Director

    • Tenure: 14.8yrs
    • Compensation: US$21.41k
  • Jeff Kniese (57yo)

    President

    • Tenure: 10.4yrs
    • Compensation: US$42.46k
  • Pat Custenborder

    Director

    • Tenure: 0yrs
  • Ryan Dynes (38yo)

    Director

    • Tenure: 9yrs
  • Julie Strait

    Director

    • Tenure: 0yrs
  • Joe Dickerson

    Director

    • Tenure: 1yrs

Company Information

Greenville Federal Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Greenville Federal Financial Corporation
  • Ticker: GVFF
  • Exchange: OTCPK
  • Founded: 1883
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: US$23.485m
  • Shares outstanding: 2.18m
  • Website: https://www.greenvillefederal.com

Location

  • Greenville Federal Financial Corporation
  • 690 Wagner Avenue
  • Greenville
  • Ohio
  • 45331
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GVFFOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 2006

Biography

Greenville Federal Financial Corporation, through its subsidiary, Greenville Federal, provides financial services in Greenville, Ohio. The company’s deposit products include checking, NOW, savings, money m ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 23:56
End of Day Share Price2019/10/22 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.