OTCPK:HCBN

Stock Analysis Report

Executive Summary

HCB Financial Corp. operates as a bank holding company for Hastings City Bank that provides various banking products and services in Michigan, the United States.

Snowflake

Fundamentals

Flawless balance sheet second-rate dividend payer.

Risks

  • HCB Financial is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.3%

OTCPK:HCBN

0.3%

US Banks

0.9%

US Market


1 Year Return

4.0%

OTCPK:HCBN

-13.6%

US Banks

0.3%

US Market

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

HCBN outperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

HCBNIndustryMarket
7 Day0.3%0.3%0.9%
30 Day-0.2%-5.1%-1.9%
90 Day0.6%-3.5%1.6%
1 Year6.6%4.0%-11.2%-13.6%2.6%0.3%
3 Year51.4%39.8%43.6%33.7%41.0%31.8%
5 Year84.1%60.7%53.7%37.0%55.2%38.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is HCB Financial 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

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

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


Price Based on Earnings

HCB Financial is overvalued based on earnings compared to the US Banks industry average.

HCB Financial 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 HCB Financial, we can't assess if its growth is good value.


Price Based on Value of Assets

HCB Financial is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

10.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if HCB Financial is high growth as no revenue estimate data is available.

HCB Financial's earnings are expected to grow by 10.5% yearly, however this is not considered high growth (20% yearly).

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

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

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


Next Steps

Past Performance

How has HCB Financial performed over the past 5 years?

9.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

HCB Financial's year on year earnings growth rate has been positive over the past 5 years.

HCB Financial's 1-year earnings growth is negative, it can't be compared to the 5-year average.

HCB Financial's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.


Return on Equity

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


Return on Assets

HCB Financial 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 HCB Financial 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 HCB 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

Information is not available.

Information is not available.


Financial Institutions Analysis

HCB Financial has an acceptable proportion of non-loan assets held.

HCB Financial has a sufficient allowance for bad loans.

HCB Financial's liabilities are made up of primarily low risk sources of funding.

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

Loans at HCB Financial are broadly funded by customer deposits.

HCB Financial has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

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

2.56%

Current Dividend Yield


Dividend Yield and Payments Analysis

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

HCB Financial's dividend is below 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 well covered by earnings (3.2x 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 HCB Financial's salary, the management and board of directors tenure and is there insider trading?

6.6yrs

Average board tenure


CEO

Mark Kolanowski 0

0.0yrs

Tenure

0

Mr. Mark A. Kolanowski serves as the Chief Executive Officer and President at Highpoint Community Bank. Mr. Kolanowski serves as the Chief Executive Officer, President and Director of HCB Financial Corp. H ...


Board Age and Tenure

6.6yrs

Average Tenure

The tenure for the HCB Financial board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Management Team

  • Rick Zwiernikowski

    Senior VP & CFO

    • Tenure: 3.7yrs
  • Mark Kolanowski

    President

    • Tenure: 0.0yrs
  • Randy Teegardin

    Senior Vice President of Highpoint Wealth Management

    • Tenure: 0.0yrs
  • Nancy Goodin

    Vice President of Marketing

    • Tenure: 0.0yrs
  • Julie Palmatier

    Assistant VP & Human Resources Director

    • Tenure: 0.0yrs
  • Amanda Currier

    VP, Controller & Compliance Officer

    • Tenure: 0.0yrs
  • Kimberly Finkbeiner

    Vice President of Operations

    • Tenure: 0.0yrs

Board Members

  • Neil Gardner (72yo)

    Director

    • Tenure: 6.6yrs
  • Mark Kolanowski

    President

    • Tenure: 0.0yrs
  • Joan Heffelbower

    Director

    • Tenure: 1.6yrs
  • Matthew Garber

    Director

    • Tenure: 0.0yrs
  • W. McKeown

    Director

    • Tenure: 0.0yrs
  • Archie Warner

    Director

    • Tenure: 0.0yrs
  • Barbara Hunt

    Director

    • Tenure: 0.0yrs
  • Joe Babiak

    Director

    • Tenure: 6.6yrs
  • James Fisher

    Director

    • Tenure: 8.1yrs
  • Brian Calley

    Director

    • Tenure: 0.6yrs

Company Information

HCB Financial Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: HCB Financial Corp.
  • Ticker: HCBN
  • Exchange: OTCPK
  • Founded: 1886
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$32.094m
  • Shares outstanding: 1.03m
  • Website: https://www.highpointcommunitybank.com

Location

  • HCB Financial Corp.
  • 150 West Court Street
  • Hastings
  • Michigan
  • 49058
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HCBNOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 1995

Biography

HCB Financial Corp. operates as a bank holding company for Hastings City Bank that provides various banking products and services in Michigan, the United States. The company offers various personal banking ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 23:37
End of Day Share Price2019/08/19 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.