OTCPK:IBWC

Stock Analysis Report

Executive Summary

IBW Financial Corporation operates as the bank holding company for Industrial Bank that provides various banking products and services to individuals and small businesses in the District of Columbia.

Snowflake

Fundamentals

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

3.8%

IBWC

2.7%

US Banks

0.4%

US Market


1 Year Return

-10.0%

IBWC

2.7%

US Banks

6.9%

US Market

Return vs Industry: IBWC underperformed the US Banks industry which returned 2.7% over the past year.

Return vs Market: IBWC underperformed the US Market which returned 6.9% over the past year.


Shareholder returns

IBWCIndustryMarket
7 Day3.8%2.7%0.4%
30 Day12.5%0.2%-1.2%
90 Dayn/a2.9%-0.4%
1 Year-9.6%-10.0%5.7%2.7%9.3%6.9%
3 Year56.3%54.3%52.1%41.6%45.8%36.4%
5 Year123.9%118.6%69.2%50.7%62.9%45.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is IBW Financial undervalued compared to its fair value and its price relative to the market?

19.08x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: IBWC ($27) is trading above our estimate of fair value ($1.34)

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


Price To Earnings Ratio

PE vs Industry: IBWC is poor value based on its PE Ratio (19.1x) compared to the Banks industry average (12.6x).

PE vs Market: IBWC is poor value based on its PE Ratio (19.1x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: Insufficient data to calculate IBWC's PB Ratio to determine if it is good value.


Next Steps

Future Growth

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

0.9%

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 IBW Financial 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

  • Take a look at our analysis of IBWC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access IBW Financial's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has IBW Financial performed over the past 5 years?

-38.8%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Accelerating Growth: IBWC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: IBWC had negative earnings growth (-38.8%) over the past year, making it difficult to compare to the Banks industry average (29.6%).


Return on Equity

High ROE: Insufficient data to calculate IBWC's Return on Equity to determine if it is high.


Return on Assets

ROA vs Industry: Insufficient data to calculate IBWC's Return on Assets to determine if it is higher than the Banks industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is IBW 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

Inventory Level: Insufficient data to determine if IBWC has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if IBWC's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: Insufficient data to determine if IBWC's level of assets compared to its equity is low

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

Low Risk Liabilities: IBWC reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if IBWC has an acceptable proportion of non-loan assets held.

Low Risk Deposits: IBWC has advanced significantly more loans than the customer deposits it holds.

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


Next Steps

Dividend

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

0.37%

Current Dividend Yield


Dividend Yield vs Market

company0.4%marketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: IBWC's dividend (0.37%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: IBWC's dividend (0.37%) is low compared to the top 25% of dividend payers in the US market (3.73%).

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

Growing Dividend: IBWC 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: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

What is the CEO of IBW Financial's salary, the management and board of directors tenure and is there insider trading?

18.3yrs

Average board tenure


CEO

B. Mitchell (57yo)

0yrs

Tenure

US$252,655

Compensation

Mr. B. Doyle Mitchell, Jr. serves as as the President and Chief Executive Officer of IBW Financial Corp. Mr. Mitchell has been President of Industrial Bank since since March 1993 and also serves as its Chi ...


Board Age and Tenure

18.3yrs

Average Tenure

59.5yo

Average Age

Experienced Board: IBWC's board of directors are seasoned and experienced ( 18.3 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.


Management Team

  • B. Mitchell (57yo)

    Vice Chairman

    • Tenure: 0yrs
    • Compensation: US$252.66k
  • Benjamin King (92yo)

    Secretary

    • Tenure: 0yrs
  • Thomas McLaurin (54yo)

    Assistant Secretary

    • Tenure: 0yrs
  • Claude Barrington (76yo)

    Vice President

    • Tenure: 0yrs
    • Compensation: US$101.05k

Board Members

  • B. Mitchell (57yo)

    Vice Chairman

    • Tenure: 0yrs
    • Compensation: US$252.66k
  • Clinton Chapman (94yo)

    Director

    • Tenure: 35.8yrs
  • Pamela King (61yo)

    Director

    • Tenure: 18.3yrs
  • Patricia Mitchell (58yo)

    Director

    • Tenure: 0yrs
  • S. Allen

    Director

    • Tenure: 0yrs
  • Jonathan Weaver

    Chairman of the Board

    • Tenure: 4.5yrs
  • Alphonso Maldon

    Director

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: IBW Financial Corporation
  • Ticker: IBWC
  • Exchange: OTCPK
  • Founded: 1934
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$16.154m
  • Shares outstanding: 598.31k
  • Website: https://www.industrial-bank.com

Location

  • IBW Financial Corporation
  • 4812 Georgia Avenue, NW
  • Washington
  • District Of Columbia
  • 20011
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IBWCOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 2003

Biography

IBW Financial Corporation operates as the bank holding company for Industrial Bank that provides various banking products and services to individuals and small businesses in the District of Columbia. The c ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 23:37
End of Day Share Price2019/10/17 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.