Highlands Bankshares, Inc. operates as the bank holding company for The Grant County Bank and Capon Valley Bank that provide various banking products and services for individuals and businesses.
Excellent balance sheet with proven track record and pays a dividend.
Share Price & News
How has Highlands Bankshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HBSI has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HBSI exceeded the US Banks industry which returned -20% over the past year.
Return vs Market: HBSI underperformed the US Market which returned 16.3% over the past year.
Price Volatility Vs. Market
How volatile is Highlands Bankshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Highlands Bankshares undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HBSI ($36) is trading above our estimate of fair value ($35.85)
Significantly Below Fair Value: HBSI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HBSI is poor value based on its PE Ratio (12.9x) compared to the US Banks industry average (9.9x).
PE vs Market: HBSI is good value based on its PE Ratio (12.9x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HBSI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HBSI's PB Ratio (0.9x) is in line with the US Banks industry average.
How is Highlands Bankshares forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Highlands Bankshares 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.
- Check out Highlands Bankshares's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Highlands Bankshares's filings and announcementshere.
- Explore growth companies in the Banks industry.
How has Highlands Bankshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HBSI has high quality earnings.
Growing Profit Margin: HBSI's current net profit margins (19.1%) are higher than last year (18.4%).
Past Earnings Growth Analysis
Earnings Trend: HBSI's earnings have declined by 0.4% per year over the past 5 years.
Accelerating Growth: HBSI's earnings growth over the past year (4.2%) exceeds its 5-year average (-0.4% per year).
Earnings vs Industry: HBSI earnings growth over the past year (4.2%) exceeded the Banks industry -2.9%.
Return on Equity
High ROE: HBSI's Return on Equity (6.8%) is considered low.
How is Highlands Bankshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: HBSI's Assets to Equity ratio (7.8x) is low.
Allowance for Bad Loans: HBSI has a low allowance for bad loans (59%).
Low Risk Liabilities: 95% of HBSI's liabilities are made up of primarily low risk sources of funding.
Loan Level: HBSI has an appropriate level of Loans to Assets ratio (77%).
Low Risk Deposits: HBSI's Loans to Deposits ratio (92%) is appropriate.
Level of Bad Loans: HBSI has an appropriate level of bad loans (1.6%).
What is Highlands Bankshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HBSI's dividend (5%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: HBSI's dividend (5%) is in the top 25% of dividend payers in the US market (4.36%)
Stability and Growth of Payments
Stable Dividend: HBSI's dividend payments have been volatile in the past 10 years.
Growing Dividend: HBSI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.6%), HBSI'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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
John Van Meter (82 yo)
Mr. John G. Van Meter serves as the Chairman of the Board at Highlands Bankshares Inc. since May 01, 1985 and has been its Chief Executive Officer and President since May 8, 2012. Mr. Van Meter has been Di ...
|Corporate Treasurer & Director||9.5yrs||US$29.60k||0.26% |
|Corporate Secretary & Director||0.25yr||no data||0.11% |
|Vice Chairman of the Board||no data||US$41.90k||0.97% |
|Independent Director||12.25yrs||US$45.49k||0.17% |
|Independent Director||8.25yrs||US$28.70k||0.32% |
|Independent Director||8.08yrs||US$30.11k||0.10% |
|Independent Director||5.25yrs||US$28.36k||0.22% |
|Independent Director||4.25yrs||US$25.27k||0.19% |
|Director||0.25yr||no data||0.050% |
Experienced Board: HBSI's board of directors are considered experienced (8.1 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Highlands Bankshares, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Highlands Bankshares, Inc.
- Ticker: HBSI
- Exchange: OTCPK
- Founded: 1985
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$48.127m
- Shares outstanding: 1.34m
- Website: https://www.grantcountybank.com
- Highlands Bankshares, Inc.
- 3 North Main Street
- PO Box 929
- West Virginia
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HBSI||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Aug 1995|
Highlands Bankshares, Inc. operates as the bank holding company for The Grant County Bank and Capon Valley Bank that provide various banking products and services for individuals and businesses. The compan ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/09 00:45|
|End of Day Share Price||2020/08/07 00:00|
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.