How does IBWC's PE Ratio compare to its peers?

IBWC is good value based on its Price-To-Earnings Ratio (10.5x) compared to the peer average (14.4x).

How does IBWC's PE Ratio compare vs other companies in the US Banks Industry?

IBWC is good value based on its Price-To-Earnings Ratio (10.5x) compared to the US Banks industry average (12.1x).

What is IBWC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate IBWC's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of IBWC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

IBWC ($42) is trading above our estimate of [[fair value]] ($2.75)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

IBWC Stock Overview

Operates as the bank holding company for Industrial Bank that provides various banking and financial products and services to individuals and small business in the District of Columbia. More details

IBWC fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	4/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (10.5x) is below the US market (18.5x)

Earnings grew by 105.2% over the past year

Risk Analysis

Shares are highly illiquid

Latest financial reports are more than 6 months old

Does not have a meaningful market cap ($27M)

My Notes

Capture your thoughts, links and company narrative

IBW Financial Corporation Competitors

Pinnacle Bancshares

OTCPK:PCLB

US$27.2m

Quaint Oak Bancorp

OTCPK:QNTO

US$27.3m

Pioneer Bankshares

OTCPK:PNBI

US$27.0m

Community Capital Bancshares

OTCPK:ALBY

US$28.6m

Price History & Performance

Summary of share price highs, lows and changes for IBW Financial
Historical stock prices
Current Share Price	US$42.00
52 Week High	US$45.00
52 Week Low	US$16.00
Beta	0.070
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	52.73%
Change since IPO	134.96%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	IBWC	US Banks	US Market
7D	0%	-1.8%	-2.1%
1Y	n/a	30.3%	21.3%

Return vs Industry: Insufficient data to determine how IBWC performed against the US Banks industry.

Return vs Market: Insufficient data to determine how IBWC performed against the US Market.

Price Volatility

Is IBWC's price volatile compared to industry and market?
IBWC volatility
IBWC Average Weekly Movement	n/a
Banks Industry Average Movement	5.2%
Market Average Movement	6.4%
10% most volatile stocks in US Market	18.8%
10% least volatile stocks in US Market	3.2%

Stable Share Price: IBWC's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine IBWC's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1934	n/a	Benson Mitchell	www.industrial-bank.com

IBW Financial Corporation operates as the bank holding company for Industrial Bank that provides various banking and financial products and services to individuals and small business in the District of Columbia. It offers business and personal savings and certificates of deposit, and other banking services; funds various loan types, which includes commercial term loans and residential real estate loans, and lines of credit, consumer loans, and letters of credit. The company was founded in 1934 and is based in Washington, the District of Columbia.

IBW Financial Corporation Fundamentals Summary

How do IBW Financial's earnings and revenue compare to its market cap?
IBWC fundamental statistics
Market cap	US$27.11m
Earnings (TTM)	US$2.59m
Revenue (TTM)	US$33.12m

10.5x

P/E Ratio

0.8x

P/B Ratio

Is IBWC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IBWC income statement (TTM)
Revenue	US$33.12m
Cost of Revenue	US$0
Gross Profit	US$33.12m
Other Expenses	US$30.53m
Earnings	US$2.59m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	4.01
Gross Margin	100.00%
Net Profit Margin	7.82%
Debt/Equity Ratio	22.1%

How did IBWC perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

5%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/10 00:42
End of Day Share Price	2024/10/30 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

IBW Financial Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution