OTCPK:JNES

Stock Analysis Report

Jonestown Bank & Trust

Executive Summary

Jonestown Bank & Trust Co. provides banking products and services for individual and business clients primarily in Lebanon County and Northern Lancaster County, Pennsylvania.

Snowflake

Fundamentals

Flawless balance sheet and good value.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

JNES

1.4%

US Banks

1.0%

US Market


1 Year Return

-10.2%

JNES

0.2%

US Banks

6.7%

US Market

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

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


Share holder returns

JNESIndustryMarket
7 Day0%1.4%1.0%
30 Day0.9%-2.6%-1.8%
90 Day-9.6%0.8%-1.8%
1 Year-7.3%-10.2%3.1%0.2%9.1%6.7%
3 Year41.7%29.6%52.0%41.5%46.0%36.6%
5 Year47.6%25.5%69.7%51.2%66.9%48.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

11%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Undervalued: JNES ($23) is trading below our estimate of fair value ($25.8)

Significantly Undervalued: JNES is trading below fair value, but not by a significant amount.


Price Based on Earnings

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

PE vs Market: JNES 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 JNES's PEG Ratio to determine if it is good value.


Price Based on Value of Assets

PB vs Industry: JNES is good value based on its PB Ratio (1x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

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

8.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: JNES's forecast earnings growth (8.5% per year) is above the savings rate (2.7%).

Earnings vs Market: JNES's earnings (8.5% per year) are forecast to grow slower than the US market (14.5% per year).

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

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

High Growth Revenue: Insufficient data to determine if JNES'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 JNES's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Jonestown Bank & Trust performed over the past 5 years?

7.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: JNES's earnings have grown by 7% per year over the past 5 years.

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

Earnings vs Industry: JNES had negative earnings growth (-2.3%) over the past year, making it difficult to compare to the Banks industry average (31.8%).


Return on Equity

High ROE: JNES's Return on Equity (8.9%) is considered low.


Return on Assets

ROA vs Industry: JNES's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Jonestown Bank & Trust'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: JNES has a low level of unsold assets or inventory.

Debt Coverage by Assets: JNES's debt is covered by short term assets (assets are 1.833080x debt).


Financial Institutions Analysis

Asset Level: JNES's level of assets compared to its equity is moderate.

Allowance for Bad Loans: JNES has a sufficient allowance for bad loans.

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

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

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

Level of Bad Loans: JNES has an appropriate level of bad loans (0.95%)


Next Steps

Dividend

What is Jonestown Bank & Trust's current dividend yield, its reliability and sustainability?

3.30%

Current Dividend Yield


Dividend Yield vs Market

company3.3%marketbottom25%1.5%markettop25%3.8%industryaverage2.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: JNES's dividend (3.3%) is higher than the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: JNES's dividend (3.3%) is low compared to the top 25% of dividend payers in the US market (3.77%).

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (1%), JNES's dividend payments are thoroughly 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 Jonestown Bank & Trust's salary, the management and board of directors tenure and is there insider trading?

9.8yrs

Average board tenure


CEO

Troy Peters 0

8.8yrs

Tenure

0

Mr. Troy A. Peters serves as the Chief Executive Officer of Jonestown Bank & Trust Co and has been its President since February 11, 2016. Mr. Peters served as its Vice President of Sales/Marketing/Branch A ...


Board Age and Tenure

9.8yrs

Average Tenure

Experienced Board: JNES's board of directors are considered experienced (9.8 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

  • Troy Peters

    President

    • Tenure: 8.8yrs
  • Edward Anspach

    Second Vice Chairman & Secretary

    • Tenure: 0yrs
  • C. Roth

    Chief Financial Officer

    • Tenure: 0yrs
  • Theresa Resanovich

    Chief Trust Officer

    • Tenure: 0yrs
  • Tim Gingrich

    Chief Information Officer

    • Tenure: 0yrs
  • Edward Martel

    Chief Operating Officer

    • Tenure: 0yrs
  • Richard Rollman

    Chief Lending Officer

    • Tenure: 0yrs

Board Members

  • Rich Newmaster

    Chairman of the Board

    • Tenure: 12.8yrs
  • Troy Peters

    President

    • Tenure: 8.8yrs
  • Jeffrey Bohn

    Vice Chairman of the Board

    • Tenure: 0yrs
  • Lloyd Deaven

    Director

    • Tenure: 21.8yrs
  • Edward Anspach

    Second Vice Chairman & Secretary

    • Tenure: 0yrs
  • Glenn Wenger

    Director

    • Tenure: 11.8yrs
  • Edwin Hostetter

    Director

    • Tenure: 6.5yrs
  • Sallie Neuin

    Director

    • Tenure: 10.8yrs
  • Eric Trainer

    Director

    • Tenure: 8.8yrs
  • Larry Minnich

    Director

    • Tenure: 6.8yrs

Company Information

Jonestown Bank & Trust Co.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jonestown Bank & Trust Co.
  • Ticker: JNES
  • Exchange: OTCPK
  • Founded: 1873
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$55.579m
  • Shares outstanding: 2.42m
  • Website: https://www.jbt.bank

Location

  • Jonestown Bank & Trust Co.
  • Two West Market Street
  • PO Box 717
  • Jonestown
  • Pennsylvania
  • 17038
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JNESOTCPK (Pink Sheets LLC)YesCommon StockUSUSDOct 1990

Biography

Jonestown Bank & Trust Co. provides banking products and services for individual and business clients primarily in Lebanon County and Northern Lancaster County, Pennsylvania. The company offers deposit pro ...


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 Price2019/10/10 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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