OTCPK:JFBC

Stock Analysis Report

Jeffersonville Bancorp

Executive Summary

Jeffersonville Bancorp operates as the bank holding company for Jeff Bank that provides community banking services to individuals, small businesses, and local municipal governments primarily in Sullivan County, New York.

Snowflake

Fundamentals

Excellent balance sheet average dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

3.7%

JFBC

1.4%

US Banks

1.0%

US Market


1 Year Return

-12.4%

JFBC

0.2%

US Banks

6.7%

US Market

Return vs Industry: JFBC underperformed the US Banks industry which returned 0.2% over the past year.

Return vs Market: JFBC underperformed the US Market which returned 6.7% over the past year.


Share holder returns

JFBCIndustryMarket
7 Day3.7%1.4%1.0%
30 Day-3.8%-2.6%-1.8%
90 Day-3.3%0.8%-1.8%
1 Year-8.8%-12.4%3.1%0.2%9.1%6.7%
3 Year36.3%21.9%52.0%41.5%46.1%36.6%
5 Year69.0%39.0%69.7%51.2%66.9%48.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

11.01x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: JFBC ($17.31) is trading above our estimate of fair value ($16.57)

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


Price Based on Earnings

PE vs Industry: JFBC is good value based on its PE Ratio (11x) compared to the Banks industry average (12.5x).

PE vs Market: JFBC is good value based on its PE Ratio (11x) compared to the US market (17.5x).


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: JFBC is good value based on its PB Ratio (1.1x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

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

4.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: JFBC's forecast earnings growth (4.6% per year) is above the savings rate (2.7%).

Earnings vs Market: JFBC's earnings (4.6% per year) are forecast to grow slower than the US market (14.5% per year).

High Growth Earnings: JFBC's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if JFBC's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if JFBC's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: Insufficient data to determine if JFBC's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Jeffersonville Bancorp performed over the past 5 years?

-1.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: JFBC's earnings have declined by -1.2% per year over the past 5 years.

Accelerating Growth: JFBC's earnings growth over the past year (35.9%) exceeds its 5-year average (-1.2% per year).

Earnings vs Industry: JFBC earnings growth over the past year (35.9%) exceeded the Banks industry 31.8%.


Return on Equity

High ROE: JFBC's Return on Equity (9.6%) is considered low.


Return on Assets

ROA vs Industry: JFBC has a higher Return on Assets than the Banks industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Jeffersonville 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: JFBC has a low level of unsold assets or inventory.

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


Financial Institutions Analysis

Asset Level: JFBC's level of assets compared to its equity is low.

Allowance for Bad Loans: JFBC has a low allowance for bad loans.

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

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

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

Level of Bad Loans: JFBC has an appropriate level of bad loans (1.89%)


Next Steps

Dividend

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

3.47%

Current Dividend Yield


Dividend Yield vs Market

company3.5%marketbottom25%1.5%markettop25%3.8%industryaverage2.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: JFBC's dividend (3.47%) is higher than the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: JFBC's dividend (3.47%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: JFBC's dividends per share have been stable in the past 10 years.

Growing Dividend: JFBC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.2%), JFBC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

George Kinne (43yo)

3.8yrs

Tenure

US$152,170

Compensation

Mr. George W. Kinne, Jr. has been the Chief Executive Officer and President of Jeffersonville Bancorp and its subsidiary Jeff Bank since January 1, 2016. Mr. Kinne has been the Chief Executive Officer and  ...


Management Age and Tenure

4.8yrs

Average Tenure

57yo

Average Age

Experienced Management: JFBC's management team is considered experienced (4.8 years average tenure).


Board Age and Tenure

7.2yrs

Average Tenure

59yo

Average Age

Experienced Board: JFBC's board of directors are considered experienced (7.2 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.


Ownership Breakdown


Management Team

  • Tanya Hahn (56yo)

    Chief Lending Officer & Executive VP of Jeff Bank

    • Tenure: 4.8yrs
    • Compensation: US$232.42k
  • Virginia Sanborn (60yo)

    VP, Controller & Assistant Cashier

    • Tenure: 0yrs
    • Compensation: US$396.32k
  • John Russell (59yo)

    Executive VP & CFO

    • Tenure: 10.8yrs
    • Compensation: US$199.43k
  • George Kinne (43yo)

    CEO, President & Director

    • Tenure: 3.8yrs
    • Compensation: US$152.17k
  • Fred Stabbert (57yo)

    Corporate Secretary & Director

    • Tenure: 7.2yrs
  • Amber Benson

    VP of Compliance & Audit Officer

    • Tenure: 0yrs
  • Rhonda Decker

    Senior VP

    • Tenure: 4.8yrs
  • Marisa Heisler

    VP & Information Technology Director

    • Tenure: 0yrs
  • Florence Horecky

    VP & Operations Officer

    • Tenure: 0yrs
  • Claire Taggart

    Vice President of Human Resources

    • Tenure: 0yrs

Board Members

  • Edward Sykes (75yo)

    Vice Chairman of the Board

    • Tenure: 0.8yrs
    • Compensation: US$21.89k
  • Gilbert Weiss (96yo)

    Consultant and Director Emeritus

    • Tenure: 0yrs
  • John Galligan (83yo)

    Director

    • Tenure: 37.8yrs
    • Compensation: US$18.30k
  • Kenneth Klein (59yo)

    Chairman of the Board

    • Tenure: 12.3yrs
    • Compensation: US$46.44k
  • Donald Knack (72yo)

    Director

    • Tenure: 12.8yrs
    • Compensation: US$23.43k
  • George Kinne (43yo)

    CEO, President & Director

    • Tenure: 3.8yrs
    • Compensation: US$152.17k
  • Phil Coombe (57yo)

    Director

    • Tenure: 7.2yrs
  • David Bodenstein (53yo)

    Director

    • Tenure: 7.2yrs
  • Fred Stabbert (57yo)

    Corporate Secretary & Director

    • Tenure: 7.2yrs
  • Karen Fisher (59yo)

    Director

    • Tenure: 1.8yrs

Company Information

Jeffersonville Bancorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jeffersonville Bancorp
  • Ticker: JFBC
  • Exchange: OTCPK
  • Founded: 1913
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$73.308m
  • Shares outstanding: 4.24m
  • Website: https://www.jeffbank.com

Number of Employees


Location

  • Jeffersonville Bancorp
  • 4866 State Route 52
  • PO Box 398
  • Jeffersonville
  • New York
  • 12748
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JFBCOTCPK (Pink Sheets LLC)YesCommon StockUSUSDFeb 1997

Biography

Jeffersonville Bancorp operates as the bank holding company for Jeff Bank that provides community banking services to individuals, small businesses, and local municipal governments primarily in Sullivan Co ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 01:16
End of Day Share Price2019/10/11 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.

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