OTCPK:HBSI

Stock Analysis Report

Highlands Bankshares

Executive Summary

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.

Snowflake

Fundamentals

Adequate balance sheet average dividend payer.

Risks

  • Highlands Bankshares is not covered by any analysts.

Similar Companies

Share Price & News

How has Highlands Bankshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.5%

OTCPK:HBSI

-2.6%

US Banks

-1.0%

US Market


1 Year Return

-12.4%

OTCPK:HBSI

-14.2%

US Banks

-0.4%

US Market

HBSI outperformed the Banks industry which returned -14.2% over the past year.

HBSI underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

HBSIIndustryMarket
7 Day-0.5%-2.6%-1.0%
30 Day-2.2%-6.3%-3.3%
90 Day-9.8%-3.5%0.8%
1 Year-8.8%-12.4%-11.8%-14.2%1.9%-0.4%
3 Year55.6%39.8%42.2%32.4%39.4%30.4%
5 Year107.2%72.1%53.3%36.7%54.2%37.1%

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

Valuation

Is Highlands Bankshares undervalued based on future cash flows and its price relative to the stock market?

15.15x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Highlands Bankshares is overvalued based on earnings compared to the US Banks industry average.

Highlands Bankshares 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 Highlands Bankshares, we can't assess if its growth is good value.


Price Based on Value of Assets

Highlands Bankshares is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Highlands Bankshares expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Highlands Bankshares is high growth as no revenue estimate data is available.

Highlands Bankshares's earnings are expected to grow by 10.7% yearly, however this is not considered high growth (20% yearly).

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

Highlands Bankshares's earnings growth is positive but not above the United States of America market average.

Highlands Bankshares'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 Highlands Bankshares will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Highlands Bankshares performed over the past 5 years?

-2.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Highlands Bankshares's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Highlands Bankshares's 1-year earnings growth exceeds its 5-year average (33.1% vs -2.2%)

Highlands Bankshares's earnings growth has not exceeded the US Banks industry average in the past year (33.1% vs 33.2%).


Return on Equity

Highlands Bankshares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Highlands Bankshares 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 Highlands Bankshares 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 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


Balance Sheet


Financial Institutions Analysis

Highlands Bankshares has an acceptable proportion of non-loan assets held.

Highlands Bankshares has a low allowance for bad loans.

Highlands Bankshares's liabilities are made up of primarily low risk sources of funding.

Highlands Bankshares's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Highlands Bankshares are broadly funded by customer deposits.

Highlands Bankshares has a high level of bad loans (greater than 2%).


Next Steps

Dividend

What is Highlands Bankshares's current dividend yield, its reliability and sustainability?

4.44%

Current Dividend Yield


Dividend Yield and Payments Analysis

Highlands Bankshares's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Highlands Bankshares's dividend is above the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.5x coverage).


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 Highlands Bankshares's salary, the management and board of directors tenure and is there insider trading?

8.5yrs

Average board tenure


CEO

John Van Meter (81yo)

7.3yrs

Tenure

US$52,117

Compensation

Mr. John G. Van Meter serves as the Chairman of the Board at Highlands Bankshares Inc. and has been its Chief Executive Officer and President since May 8, 2012. Mr. Van Meter has been Highlands board memb ...


Board Age and Tenure

8.5yrs

Average Tenure

69.5yo

Average Age

The tenure for the Highlands Bankshares board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Alan Brill (64yo)

    Treasurer & Director

    • Tenure: 9.8yrs
    • Compensation: $22.40k
  • John Van Meter (81yo)

    Chairman

    • Tenure: 7.3yrs
    • Compensation: $52.12k
  • George Ford (50yo)

    Secretary & Director

    • Compensation: $36.40k
  • Dan Fabbri

    Chief Information Technology Officer

  • Tammy Kesner

    Chief Financial Officer

  • Nathaniel Phares

    Compliance Officer


Board Members

  • Kathy Kimble (73yo)

    Independent Director

    • Tenure: 18.3yrs
    • Compensation: $29.36k
  • Donald Baker (69yo)

    Independent Director

    • Tenure: 7.3yrs
    • Compensation: $27.00k
  • Jack Walters (71yo)

    Vice Chairman of the Board

    • Compensation: $40.82k
  • James Pyles (71yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: $27.61k
  • Jack Barr (70yo)

    Independent Director

    • Tenure: 7.1yrs
    • Compensation: $32.17k
  • Mitch Orndorff (65yo)

    Independent Director

    • Tenure: 3.3yrs
    • Compensation: $22.72k
  • John Van Meter (81yo)

    Chairman

    • Tenure: 34.3yrs
    • Compensation: $52.12k
  • Morris Homan (66yo)

    Independent Director

    • Tenure: 11.3yrs
    • Compensation: $44.30k
  • George Ford (50yo)

    Secretary & Director

    • Tenure: 8.5yrs
    • Compensation: $36.40k
  • Alan Brill (64yo)

    Treasurer & Director

    • Tenure: 18.3yrs
    • Compensation: $22.40k

Company Information

Highlands Bankshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Highlands Bankshares, Inc.
  • Ticker: HBSI
  • Exchange: OTCPK
  • Founded: 1985
  • Industry: regional banks
  • Sector: banks
  • Market Cap: US$54.189m
  • Shares outstanding: 1.34m
  • Website: Click here

Location

  • Highlands Bankshares, Inc.
  • 3 North Main Street
  • PO Box 929
  • Petersburg
  • West Virginia
  • 26847
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HBSIOTCPK (Pink Sheets LLC)YesCommon StockUSUSDAug 1995

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 23:37
End of Day Share Price2019/08/14 00:00
Earnings2019/03/31
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.