OTCPK:HCBC

Stock Analysis Report

High Country Bancorp

Executive Summary

High Country Bancorp, Inc. operates as the bank holding company for High Country Bank that provides various financial services in the United States.

Snowflake

Fundamentals

Excellent balance sheet established dividend payer.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-1.5%

HCBC

4.8%

US Banks

2.3%

US Market


1 Year Return

6.3%

HCBC

0.04%

US Banks

5.6%

US Market

Return vs Industry: HCBC exceeded the US Banks industry which returned 0% over the past year.

Return vs Market: HCBC matched the US Market which returned 5.6% over the past year.


Shareholder returns

HCBCIndustryMarket
7 Day-1.5%4.8%2.3%
30 Day-8.6%-0.5%-1.0%
90 Dayn/a2.0%-0.7%
1 Year11.4%6.3%2.9%0.04%7.9%5.6%
3 Year28.7%11.4%51.5%41.1%45.6%36.3%
5 Year98.9%52.3%70.9%52.3%65.8%47.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is High Country Bancorp undervalued compared to its fair value and its price relative to the market?

9.25x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: HCBC ($44.55) is trading above our estimate of fair value ($32.51)

Significantly Undervalued: HCBC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HCBC is good value based on its PE Ratio (9.2x) compared to the Banks industry average (12.6x).

PE vs Market: HCBC is good value based on its PE Ratio (9.2x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HCBC is overvalued based on its PB Ratio (1.5x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is High Country Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-4.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HCBC's earnings are forecast to decline over the next 3 years (-4.9% per year).

Earnings vs Market: HCBC's earnings are forecast to decline over the next 3 years (-4.9% per year).

High Growth Earnings: HCBC's earnings are forecast to decline over the next 3 years.

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has High Country Bancorp performed over the past 5 years?

12.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: HCBC's earnings have grown by 12.5% per year over the past 5 years.

Accelerating Growth: HCBC's earnings growth over the past year (66.2%) exceeds its 5-year average (12.5% per year).

Earnings vs Industry: HCBC earnings growth over the past year (66.2%) exceeded the Banks industry 31.8%.


Return on Equity

High ROE: HCBC's Return on Equity (15.1%) is considered low.


Return on Assets

ROA vs Industry: HCBC has a higher Return on Assets than the Banks industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is High Country 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

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

Debt Coverage by Assets: HCBC's debt is covered by short term assets (assets are 255.216660x debt).


Financial Institutions Analysis

Asset Level: HCBC's level of assets compared to its equity is moderate.

Allowance for Bad Loans: HCBC has a low allowance for bad loans.

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

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

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

Level of Bad Loans: HCBC has an appropriate level of bad loans (0.95%)


Next Steps

Dividend

What is High Country Bancorp's current dividend yield, its reliability and sustainability?

4.49%

Current Dividend Yield


Dividend Yield vs Market

company4.5%marketbottom25%1.5%markettop25%3.8%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: HCBC's dividend (4.49%) is higher than the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: HCBC's dividend (4.49%) is in the top 25% of dividend payers in the US market (3.76%)

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

Growing Dividend: HCBC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (41.5%), HCBC's dividend payments are well 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 High Country Bancorp's salary, the management and board of directors tenure and is there insider trading?

17.1yrs

Average board tenure


CEO

Larry Smith (62yo)

0yrs

Tenure

US$218,628

Compensation

Mr. Larry D. Smith serves as the President and Chief Executive Officer of High Country BanCorp. Inc. Mr. Smith serves as the Chief Executive Officer of High Country Bank a subsidiary of High Country BanCor ...


Board Age and Tenure

17.1yrs

Average Tenure

63.5yo

Average Age

Experienced Board: HCBC's board of directors are seasoned and experienced ( 17.1 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.


Ownership Breakdown


Management Team

  • Larry Smith (62yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: US$218.63k
  • Rich Young (65yo)

    Director

    • Tenure: 22.2yrs
  • Gail Granzella

    Executive Vice President

    • Tenure: 0yrs
  • Dennis Weber

    Chief Financial Officer

    • Tenure: 2.8yrs
  • Linda Rush

    HR Department Manager

    • Tenure: 0yrs

Board Members

  • Larry Smith (62yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: US$218.63k
  • Rich Young (65yo)

    Director

    • Tenure: 22.2yrs
  • Phil Harsh (74yo)

    Director

    • Tenure: 22.2yrs
  • Tim Glenn (62yo)

    Vice Chairman of the Board

    • Tenure: 0yrs
  • Pete Cordova (69yo)

    Director

    • Tenure: 12yrs
  • Rich Edgington (56yo)

    Director

    • Tenure: 2yrs

Company Information

High Country Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: High Country Bancorp, Inc.
  • Ticker: HCBC
  • Exchange: OTCPK
  • Founded: 1886
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$41.077m
  • Shares outstanding: 922.03k
  • Website: https://www.highcountrybank.net

Location

  • High Country Bancorp, Inc.
  • 7360 West Highway 50
  • PO Box 309
  • Salida
  • Colorado
  • 81201
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HCBCOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 1997

Biography

High Country Bancorp, Inc. operates as the bank holding company for High Country Bank that provides various financial services in the United States. It accepts time deposits, noninterest-bearing and intere ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 23:37
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.