OTCPK:HCFL

Stock Analysis Report

Executive Summary

Home City Financial Corporation operates as the holding company for Home City Federal Savings Bank of Springfield that provides various banking and financial services to individual and corporate customers in Clark County, Ohio.

Snowflake

Fundamentals

Flawless balance sheet second-rate dividend payer.

Risks

  • Home City Financial is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.2%

OTCPK:HCFL

-1.6%

US Mortgage

-1.9%

US Market


1 Year Return

33.2%

OTCPK:HCFL

-2.6%

US Mortgage

-3.3%

US Market

HCFL outperformed the Mortgage industry which returned -12.9% over the past year.

HCFL outperformed the Market in United States of America which returned -2.1% over the past year.


Share holder returns

HCFLIndustryMarket
7 Day0.2%-1.6%-1.9%
30 Day0.5%-2.8%-6.2%
90 Day2.2%-1.3%0.3%
1 Year38.5%33.2%-0.6%-2.6%-1.1%-3.3%
3 Year127.4%107.5%29.6%21.0%37.9%28.9%
5 Year174.7%138.5%55.3%39.0%50.8%34.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Home City Financial undervalued based on future cash flows and its price relative to the stock market?

20.09x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Home City Financial is overvalued based on earnings compared to the US Mortgage industry average.

Home City Financial is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Home City Financial, we can't assess if its growth is good value.


Price Based on Value of Assets

Home City Financial is overvalued based on assets compared to the US Mortgage industry average.


Next Steps

Future Growth

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

2.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

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

Home City Financial's earnings are expected to grow by 2.2% yearly, however this is not considered high growth (20% yearly).

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

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

Home City Financial's earnings growth is positive but not above the low risk savings rate of 3%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Home City Financial will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Home City Financial performed over the past 5 years?

15.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

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

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


Return on Equity

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


Return on Assets

Home City Financial used its assets more efficiently than the US Mortgage industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Home City 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 Home City 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

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

Home City Financial has a sufficient allowance for bad loans.

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

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

Loans at Home City Financial are broadly funded by customer deposits.

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


Next Steps

Dividend

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

2.68%

Current Dividend Yield


Dividend Yield and Payments Analysis

Home City Financial's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).

Home City Financial's dividend is below the markets top 25% of dividend payers in United States of America (3.69%).

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 (1.9x 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 Home City Financial's salary, the management and board of directors tenure and is there insider trading?

15.8yrs

Average management tenure


CEO

Bill Stapleton (65yo)

15.8yrs

Tenure

US$204,678

Compensation

Mr. James William Stapleton, also known as Bill, has been the Chief Executive Officer and Chief Operating Officer of Home City Financial Corp. ("Company") and its subsidiary Home City Federal Savings Bank  ...


Management Age and Tenure

15.8yrs

Average Tenure

65yo

Average Age

The average tenure for the Home City Financial management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

5.4yrs

Average Tenure

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


Insider Trading

No 3 month insider trading information.


Management Team

  • Don Lynam (65yo)

    Executive VP of Commercial Loans

    • Tenure: 17.9yrs
  • Donna Williams

    Executive VP of Operations

    • Tenure: 9.9yrs
  • John Conroy (68yo)

    Executive Chairman of the Board

    • Tenure: 18.9yrs
  • Bill Stapleton (65yo)

    President

    • Tenure: 15.8yrs
    • Compensation: US$204.68k
  • Eleta Taylor

    VP of Loan Admin & VP of Loan Admin - Home City Federal Savings Bank of Springfield

    • Tenure: 0.0yrs
  • Patti Ark

    Compliance Officer

    • Tenure: 0.0yrs
  • Peter Duffey

    Vice President of Mortgage Loan Originations

    • Tenure: 0.0yrs
  • Cheryl Hesson

    Vice President of Mortgage Loan Originations

    • Tenure: 0.0yrs

Board Members

  • John Conroy (68yo)

    Executive Chairman of the Board

    • Tenure: 18.9yrs
  • Bill Stapleton (65yo)

    President

    • Tenure: 15.8yrs
    • Compensation: US$204.68k
  • Matthew Mullen

    Director

    • Tenure: 5.4yrs
  • Dan Haemmerle

    Director

    • Tenure: 3.5yrs
  • Katy Osborn

    Director

    • Tenure: 3.9yrs

Company Information

Home City Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Home City Financial Corporation
  • Ticker: HCFL
  • Exchange: OTCPK
  • Founded: 1996
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$31.603m
  • Shares outstanding: 846.12k
  • Website: https://www.homecityfederal.com

Number of Employees


Location

  • Home City Financial Corporation
  • 2454 North Limestone Street
  • Springfield
  • Ohio
  • 45503
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HCFLOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 1996

Biography

Home City Financial Corporation operates as the holding company for Home City Federal Savings Bank of Springfield that provides various banking and financial services to individual and corporate customers  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2018/12/11 01:28
End of Day Share Price2018/12/07 00:00
Earnings2018/06/30
Annual Earnings2017/12/31


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.