OTCPK:HVLM

Stock Analysis Report

Huron Valley Bancorp

Executive Summary

Huron Valley Bancorp, Inc. provides personal and business banking services in Michigan.


Snowflake Analysis

Adequate balance sheet with acceptable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: HVLM has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.4%

HVLM

2.9%

US Banks

5.3%

US Market


1 Year Return

17.2%

HVLM

-27.8%

US Banks

-10.7%

US Market

Return vs Industry: HVLM exceeded the US Banks industry which returned -26.4% over the past year.

Return vs Market: HVLM exceeded the US Market which returned -10.4% over the past year.


Shareholder returns

HVLMIndustryMarket
7 Day4.4%2.9%5.3%
30 Day-8.0%-26.3%-13.6%
90 Day-12.1%-39.3%-19.8%
1 Year17.2%17.2%-25.6%-27.8%-8.9%-10.7%
3 Yearn/a-17.1%-23.1%15.5%8.0%
5 Yearn/a10.9%-1.7%35.2%20.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Huron Valley Bancorp undervalued compared to its fair value and its price relative to the market?

8.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HVLM ($16.7) is trading above our estimate of fair value ($14.53)

Significantly Below Fair Value: HVLM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HVLM is good value based on its PE Ratio (8.9x) compared to the Banks industry average (8.9x).

PE vs Market: HVLM is good value based on its PE Ratio (8.9x) compared to the US market (13.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HVLM is overvalued based on its PB Ratio (1.2x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

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

-1.2%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Huron Valley Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Huron Valley Bancorp performed over the past 5 years?

41.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: HVLM has high quality earnings.

Growing Profit Margin: HVLM's current net profit margins (26.9%) are higher than last year (20.3%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if HVLM's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare HVLM's past year earnings growth to its 5-year average.

Earnings vs Industry: HVLM earnings growth over the past year (41.1%) exceeded the Banks industry 10.9%.


Return on Equity

High ROE: HVLM's Return on Equity (13%) is considered low.


Next Steps

Financial Health

How is Huron Valley 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: HVLM has a low level of unsold assets or inventory.

Debt Coverage by Assets: HVLM's debt is covered by short term assets (assets are 4.4x debt).


Financial Institutions Analysis

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

Allowance for Bad Loans: Insufficient data to determine if HVLM has a sufficient allowance for bad loans.

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

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

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

Level of Bad Loans: Insufficient data to determine if HVLM has an appropriate level of bad loans.


Next Steps

Dividend

What is Huron Valley Bancorp's current dividend yield, its reliability and sustainability?

0.66%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HVLM's dividend (0.66%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.95%).

High Dividend: HVLM's dividend (0.66%) is low compared to the top 25% of dividend payers in the US market (5.4%).


Stability and Growth of Payments

Stable Dividend: HVLM is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: HVLM is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: HVLM is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HVLM's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

11.0yrs

Average board tenure


CEO

Jack Shubitowski (56yo)

13.17s

Tenure

Mr. Jack J. Shubitowski has been the President and Chief Executive Officer of Huron Valley State Bank since February 2007 and also serves as its Director. He serves as the President, Chief Executive Office ...


Board Members

NamePositionTenureCompensationOwnership
Jack Shubitowski
President13.17yrsno data2.08% $298.4k
Thomas Duke
Director4.33yrsno datano data
Christina Hamill
Director14.67yrsno data0.16% $23.0k
Christopher Smith
Directorno datano data0.070% $10.0k
Lyle Tyler
Chairman of the Boardno datano data3.86% $553.9k
Marc Weinbaum
Director14.67yrsno data1.19% $170.8k
Lynn Torossian
Director11yrsno data0.26% $37.3k
Joseph Salvia
Director11yrsno data0.080% $11.5k
Matthew Murvay
Director4.17yrsno data21.51% $3.1m
Blair Bowman
Director3.25yrsno data14.78% $2.1m

11.0yrs

Average Tenure

Experienced Board: HVLM's board of directors are seasoned and experienced ( 10.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Huron Valley Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Huron Valley Bancorp, Inc.
  • Ticker: HVLM
  • Exchange: OTCPK
  • Founded: 2005
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$14.349m
  • Shares outstanding: 859.20k
  • Website: https://www.hvsb.com

Location

  • Huron Valley Bancorp, Inc.
  • 130 South Milford Road
  • Milford
  • Michigan
  • 48381
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HVLMOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 2005

Biography

Huron Valley Bancorp, Inc. provides personal and business banking services in Michigan. It offers checking and savings accounts, certificates of deposit, online banking/bill payment, e-statements, telephone banking services, courier services, and other business services. The company also provides auto, motorcycle, recreational vehicles and boats, and personal loans, as well as overdraft protection service; and commercial lines of credit, construction lines of credit/end loan financing, commercial term loans and notes, mortgage loans, SBA loans, and other loan programs, as well as loans to start-up, purchase, and expand or refinance businesses. In addition, it provides debit and ATM cards, and safe deposit boxes services. The company was formerly known as Huron Valley State Bank and changed its name to Huron Valley Bancorp, Inc. in September 2015. Huron Valley Bancorp, Inc. was founded in 2005 and is based in Milford, Michigan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/01 13:35
End of Day Share Price2020/03/26 00:00
Earnings2018/12/31
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.