OTCPK:IFSB

Stock Analysis Report

Executive Summary

Colombo Bank provides banking and financial services to individuals and small businesses in the Baltimore and Washington metropolitan areas.

Snowflake

Fundamentals

Flawless balance sheet with questionable track record.

Risks

  • Colombo Bank has significant price volatility in the past 3 months.
  • Colombo Bank is not covered by any analysts.

Similar Companies

Share Price & News

How has Colombo Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.6%

OTCPK:IFSB

1.2%

US Mortgage

0.9%

US Market


1 Year Return

n/a

OTCPK:IFSB

-0.3%

US Mortgage

0.3%

US Market


Share holder returns

IFSBIndustryMarket
7 Day1.6%1.2%0.9%
30 Day-32.3%-1.2%-1.9%
90 Day-1.1%-0.5%1.6%
1 Yearn/a1.8%-0.3%2.6%0.3%
3 Year-84.3%-84.3%33.8%24.8%41.0%31.8%
5 Year-84.3%-84.3%59.0%42.3%55.2%38.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Colombo Bank undervalued based on future cash flows and its price relative to the stock market?

31.82x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Colombo Bank is overvalued based on earnings compared to the US Mortgage industry average.

Colombo Bank is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Colombo Bank, we can't assess if its growth is good value.


Price Based on Value of Assets

Colombo Bank is overvalued based on assets compared to the US Mortgage industry average.


Next Steps

Future Growth

How is Colombo Bank expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Colombo Bank is high growth as no revenue estimate data is available.

Colombo Bank's earnings are expected to grow by 10.4% yearly, however this is not considered high growth (20% yearly).

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

Colombo Bank's earnings growth is positive but not above the United States of America market average.

Colombo Bank's earnings growth is expected to exceed the low risk savings rate of 3%.


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Colombo Bank performed over the past 5 years?

76.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Colombo Bank has delivered over 20% year on year earnings growth in the past 5 years.

Colombo Bank's 1-year earnings growth is less than its 5-year average (62.2% vs 76.7%)

Colombo Bank's earnings growth has exceeded the US Mortgage industry average in the past year (62.2% vs 11.8%).


Return on Equity

Colombo Bank has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Colombo Bank used its assets less efficiently than the US Mortgage industry average last year based on Return on Assets.


Return on Capital Employed

Colombo Bank's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Colombo Bank'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

Colombo Bank has an acceptable proportion of non-loan assets held.

Colombo Bank has a sufficient allowance for bad loans.

Colombo Bank's liabilities are made up of primarily low risk sources of funding.

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

Loans at Colombo Bank are broadly funded by customer deposits.

Colombo Bank has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Colombo Bank's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

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

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

Unable to perform a dividend volatility check as Colombo Bank has not reported any payouts.

Unable to verify if Colombo Bank's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Colombo Bank 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 Colombo Bank's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

Gilbert Kennedy (59yo)

6.8yrs

Tenure

0

Mr. Gilbert F. Kennedy, III, has been the Chief Executive Officer, President and Director of Colombo Bank since July 9, 2012. Mr. Kennedy served as Senior Vice President of Lutherville-Based Bank of Bay Na ...


Management Age and Tenure

4.8yrs

Average Tenure

The tenure for the Colombo Bank management team is about average.


Board Age and Tenure

7.8yrs

Average Tenure

67yo

Average Age

The tenure for the Colombo Bank board of directors is about average.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • Gilbert Kennedy (59yo)

    President

    • Tenure: 6.8yrs
  • John Shroads (58yo)

    Chief Credit Officer and Executive Vice President

    • Tenure: 9.8yrs
  • Altaf Shadick

    Senior Vice President of Branch Administration

    • Tenure: 4.8yrs
  • Gerry Muccioli

    Executive VP & Chief Lending Officer

    • Tenure: 5.6yrs
  • Madelyn Johannesen

    Senior Vice President of Commercial Real Estate Lending

    • Tenure: 0.0yrs
  • Mike Brown

    Senior Vice President of Commercial Lending

    • Tenure: 0.0yrs
  • Jason Klausing

    Vice President of Commercial Lending

    • Tenure: 0.0yrs
  • Matthew White

    Executive VP & CFO

    • Tenure: 2.9yrs
  • Edward Andrews

    Controller

    • Tenure: 1.9yrs
  • Alice Dickerson

    Senior VP & Chief Compliance Officer

    • Tenure: 0.8yrs

Board Members

  • Nelson Deckelbaum (90yo)

    Director

    • Tenure: 7.8yrs
    • Compensation: US$4.13k
  • Gilbert Kennedy (59yo)

    President

    • Tenure: 6.8yrs
  • Morton Bender (84yo)

    Chairman of the Board

    • Tenure: 4.8yrs
  • Ed Gold (60yo)

    Director

    • Tenure: 12.8yrs
  • James Regan (65yo)

    Director

    • Tenure: 15.8yrs
  • Edward Reilly (67yo)

    Director

    • Tenure: 6.8yrs
  • Nelson Deckelbaum (90yo)

    Director

    • Tenure: 7.8yrs

Company Information

Colombo Bank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Colombo Bank
  • Ticker: IFSB
  • Exchange: OTCPK
  • Founded: 1914
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$32.359m
  • Shares outstanding: 344.25m
  • Website: https://www.colombobank.com

Location

  • Colombo Bank
  • 1600 East Gude Drive
  • Rockville
  • Maryland
  • 20850
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IFSBOTCPK (Pink Sheets LLC)YesCommon StockUSUSDAug 1985

Biography

Colombo Bank provides banking and financial services to individuals and small businesses in the Baltimore and Washington metropolitan areas. Its deposit products include checking, savings, and certificate  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2018/10/14 21:07
End of Day Share Price2018/10/11 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.