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JFWV

Jefferson Security Bank OTCPK:JFWV Stock Report

Last Price

US$85.00

Market Cap

US$23.4m

7D

-1.2%

1Y

-11.6%

Updated

27 Sep, 2022

Data

Company Financials
JFWV fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

JFWV Stock Overview

Jefferson Security Bank provides various banking products and services to individuals, agricultural and commercial businesses, local government entities, and non-profit organizations.

Jefferson Security Bank Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jefferson Security Bank
Historical stock prices
Current Share PriceUS$85.00
52 Week HighUS$106.00
52 Week LowUS$85.00
Beta0.36
1 Month Change-7.51%
3 Month Changen/a
1 Year Change-11.56%
3 Year Change-3.41%
5 Year Change33.86%
Change since IPO51.79%

Recent News & Updates

Shareholder Returns

JFWVUS BanksUS Market
7D-1.2%-8.2%-5.8%
1Y-11.6%-24.8%-22.1%

Return vs Industry: JFWV exceeded the US Banks industry which returned -24.9% over the past year.

Return vs Market: JFWV exceeded the US Market which returned -23.7% over the past year.

Price Volatility

Is JFWV's price volatile compared to industry and market?
JFWV volatility
JFWV Average Weekly Movementn/a
Banks Industry Average Movement3.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: Insufficient data to determine JFWV's volatility over the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
1869n/aCindy Kitnerhttps://www.jsb.bank

Jefferson Security Bank provides various banking products and services to individuals, agricultural and commercial businesses, local government entities, and non-profit organizations. The company accepts various deposit products, such as checking, savings, money market, individual retirement, overdraft protection, and sweep accounts, as well as certificates of deposit. Its loan portfolio includes personal and vehicle, mortgage, construction, commercial, and home equity loans.

Jefferson Security Bank Fundamentals Summary

How do Jefferson Security Bank's earnings and revenue compare to its market cap?
JFWV fundamental statistics
Market CapUS$23.44m
Earnings (TTM)US$3.58m
Revenue (TTM)US$13.31m

6.6x

P/E Ratio

0.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JFWV income statement (TTM)
RevenueUS$13.31m
Cost of RevenueUS$0
Gross ProfitUS$13.31m
Other ExpensesUS$9.74m
EarningsUS$3.58m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)12.97
Gross Margin100.00%
Net Profit Margin26.86%
Debt/Equity Ratio0.0%

How did JFWV perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

17%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is JFWV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for JFWV?

Other financial metrics that can be useful for relative valuation.

JFWV key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

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

JFWV PE Ratio vs Peers
The above table shows the PE ratio for JFWV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average9x
FIBH First Bancshares (Bellevue OH)
7.2xn/aUS$21.8m
SCYT Security Bancorp
8.6xn/aUS$22.3m
CYSM Community Bancorp of Santa Maria
8.2xn/aUS$23.3m
CDAB Coeur d'Alene Bancorp
11.9xn/aUS$21.1m
JFWV Jefferson Security Bank
6.6xn/aUS$23.4m

Price-To-Earnings vs Peers: JFWV is good value based on its Price-To-Earnings Ratio (6.6x) compared to the peer average (9x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: JFWV is good value based on its Price-To-Earnings Ratio (6.6x) compared to the US Banks industry average (9.6x)


Price to Earnings Ratio vs Fair Ratio

What is JFWV'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.

JFWV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.6x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: JFWV ($85) is trading below our estimate of fair value ($239.64)

Significantly Below Fair Value: JFWV is trading below fair value by more than 20%.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Jefferson Security Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.6%

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 Jefferson Security Bank 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.


Discover growth companies

  • Examine whether Jefferson Security Bank is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • 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 Jefferson Security Bank's filings and announcements here.

Past Performance

How has Jefferson Security Bank performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


18.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: JFWV has high quality earnings.

Growing Profit Margin: JFWV's current net profit margins (26.9%) are higher than last year (24.2%).


Past Earnings Growth Analysis

Earnings Trend: JFWV's earnings have grown by 18.6% per year over the past 5 years.

Accelerating Growth: JFWV's earnings growth over the past year (24.4%) exceeds its 5-year average (18.6% per year).

Earnings vs Industry: JFWV earnings growth over the past year (24.4%) exceeded the Banks industry 8.5%.


Return on Equity

High ROE: JFWV's Return on Equity (10.9%) is considered low.


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Financial Health

How is Jefferson Security Bank's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

6/6

Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: JFWV's Assets to Equity ratio (12.9x) is moderate.

Allowance for Bad Loans: JFWV has a sufficient allowance for bad loans (457%).

Low Risk Liabilities: 99% of JFWV's liabilities are made up of primarily low risk sources of funding.

Loan Level: JFWV has an appropriate level of Loans to Assets ratio (57%).

Low Risk Deposits: JFWV's Loans to Deposits ratio (63%) is appropriate.

Level of Bad Loans: JFWV has an appropriate level of bad loans (0.2%).


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Dividend

What is Jefferson Security Bank current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.59%

Current Dividend Yield

Dividend Yield vs Market

Jefferson Security Bank Dividend Yield vs Market
How does Jefferson Security Bank dividend yield compare to the market?
SegmentDividend Yield
Company (Jefferson Security Bank)2.6%
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Banks)3.4%
Analyst forecast in 3 Years (Jefferson Security Bank)n/a

Notable Dividend: JFWV's dividend (2.59%) is higher than the bottom 25% of dividend payers in the US market (1.67%).

High Dividend: JFWV's dividend (2.59%) is low compared to the top 25% of dividend payers in the US market (4.68%).


Stability and Growth of Payments

Stable Dividend: JFWV's dividend payments have been volatile in the past 10 years.

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


Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (16.6%), JFWV'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 or that it will be covered by earnings.


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Management

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

5.4yrs

Average management tenure


CEO

Cindy Kitner (45 yo)

6.42yrs

Tenure

US$127,178

Compensation

Ms. Cynthia A. Kitner, also known as Cindy, CPA has been the Chief Executive Officer and President of Jefferson Security Bank since March 16, 2016 and served as its Chief Financial Officer since April 2006...


Leadership Team

Experienced Management: JFWV's management team is seasoned and experienced (5.4 years average tenure).


Board Members

Experienced Board: JFWV's board of directors are considered experienced (6.4 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

What is the ownership structure of JFWV?
Owner TypeNumber of SharesOwnership Percentage

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

Company Information

Jefferson Security Bank's employee growth, exchange listings and data sources


Key Information

  • Name: Jefferson Security Bank
  • Ticker: JFWV
  • Exchange: OTCPK
  • Founded: 1869
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$23.438m
  • Shares outstanding: 275.75k
  • Website: https://www.jsb.bank

Location

  • Jefferson Security Bank
  • 105 East Washington Street
  • PO Box 35
  • Shepherdstown
  • West Virginia
  • 25443
  • United States


Listings

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

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/27 00:00
End of Day Share Price2022/09/23 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.