OTCPK:HRGG

Stock Analysis Report

Heritage NOLA Bancorp

Executive Summary

Heritage NOLA Bancorp, Inc. operates as a savings and loan holding company for Heritage Bank of St.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.

Risks

  • Heritage NOLA Bancorp is not covered by any analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:HRGG

2.4%

US Mortgage

2.9%

US Market


1 Year Return

1.4%

OTCPK:HRGG

-1.5%

US Mortgage

0.2%

US Market

HRGG outperformed the Mortgage industry which returned -2% over the past year.

HRGG outperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

HRGGIndustryMarket
7 Day0%2.4%2.9%
30 Day-0.7%-1.5%-2.3%
90 Day-1.6%0.6%3.1%
1 Year1.4%1.4%0.6%-1.5%2.4%0.2%
3 Yearn/a32.6%23.8%41.7%32.4%
5 Yearn/a58.2%41.6%55.1%37.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Heritage NOLA Bancorp undervalued based on future cash flows and its price relative to the stock market?

71.32x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Heritage NOLA Bancorp to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Heritage NOLA Bancorp to establish if it is available at substantial discount.


Price Based on Earnings

Heritage NOLA Bancorp is overvalued based on earnings compared to the US Mortgage industry average.

Heritage NOLA Bancorp is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Heritage NOLA Bancorp, we can't assess if its growth is good value.


Price Based on Value of Assets

Heritage NOLA Bancorp is good value based on assets compared to the US Mortgage industry average.


Next Steps

Future Growth

How is Heritage NOLA Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Heritage NOLA Bancorp is high growth as no revenue estimate data is available.

Heritage NOLA Bancorp's earnings are expected to grow significantly at over 20% yearly.

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

Heritage NOLA Bancorp's earnings growth is expected to exceed the United States of America market average.

Heritage NOLA Bancorp'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 Heritage NOLA Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Heritage NOLA Bancorp performed over the past 5 years?

17.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Heritage NOLA Bancorp's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

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

Heritage NOLA Bancorp's 1-year earnings growth is negative, it can't be compared to the US Mortgage industry average.


Return on Equity

Heritage NOLA Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Heritage NOLA Bancorp used its assets less efficiently than the US Mortgage industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Heritage NOLA Bancorp 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 Heritage NOLA 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

Information is not available.

Information is not available.


Financial Institutions Analysis

Heritage NOLA Bancorp has an acceptable proportion of non-loan assets held.

Heritage NOLA Bancorp has a low allowance for bad loans.

Heritage NOLA Bancorp's liabilities are made up of primarily low risk sources of funding.

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

Heritage NOLA Bancorp has advanced significantly more loans than the customer deposits it holds (i.e. bank has borrowed additional funds to lend).

Heritage NOLA Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Heritage NOLA Bancorp's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Heritage NOLA Bancorp's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Heritage NOLA Bancorp's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Heritage NOLA Bancorp has not reported any payouts.

Unable to verify if Heritage NOLA Bancorp's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Heritage NOLA Bancorp has not reported any payouts.


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 Heritage NOLA Bancorp's salary, the management and board of directors tenure and is there insider trading?

9.6yrs

Average management tenure


CEO

William Crumhorn (66yo)

2.6yrs

Tenure

US$592,745

Compensation

Mr. William David Crumhorn has been Chief Executive Officer and President of Heritage NOLA Bancorp, Inc. ("Company") and its subsidiary Heritage Bank of St. Tammany ("Bank") since 1994. Mr. Crumhorn has be ...


CEO Compensation Analysis

William's remuneration is about average for companies of similar size in United States of America.

William's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

9.6yrs

Average Tenure

57yo

Average Age

The average tenure for the Heritage NOLA Bancorp management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

2.6yrs

Average Tenure

62yo

Average Age

The average tenure for the Heritage NOLA Bancorp board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • William Crumhorn (66yo)

    Chairman

    • Tenure: 2.6yrs
    • Compensation: US$592.75k
  • Dana Whitaker (49yo)

    Executive VP

    • Tenure: 10.6yrs
    • Compensation: US$335.18k
  • Lisa Hughes (57yo)

    Senior VP & CFO

    • Tenure: 9.6yrs
    • Compensation: US$295.33k

Board Members

  • Tom Ballantine (74yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: US$87.40k
  • William Crumhorn (66yo)

    Chairman

    • Tenure: 2.6yrs
    • Compensation: US$592.75k
  • Sam Caruso (51yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: US$86.12k
  • Lizby Eustis (60yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: US$85.76k
  • Jason Hunt (43yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: US$85.79k
  • Rod Rodrigue (64yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: US$87.35k

Company Information

Heritage NOLA Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Heritage NOLA Bancorp, Inc.
  • Ticker: HRGG
  • Exchange: OTCPK
  • Founded: 1924
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$18.946m
  • Shares outstanding: 1.50m
  • Website: https://www.heritagebank.org

Number of Employees


Location

  • Heritage NOLA Bancorp, Inc.
  • 205 North Columbia Street
  • Covington
  • Louisiana
  • 70433
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HRGGOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 2017

Biography

Heritage NOLA Bancorp, Inc. operates as a savings and loan holding company for Heritage Bank of St. Tammany that provides various financial services to residents and businesses. The company’s deposit accou ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 00:39
End of Day Share Price2019/08/16 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.