OTCPK:KEFI

Stock Analysis Report

Executive Summary

Keweenaw Financial Corporation, through its subsidiary Superior National Bank & Trust Company, provides various banking products and services to individual and corporate customers.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Share Price & News

How has Keweenaw Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.9%

KEFI

2.9%

US Banks

0.07%

US Market


1 Year Return

11.6%

KEFI

8.6%

US Banks

8.9%

US Market

Return vs Industry: KEFI exceeded the US Banks industry which returned 8.6% over the past year.

Return vs Market: KEFI exceeded the US Market which returned 8.9% over the past year.


Shareholder returns

KEFIIndustryMarket
7 Day-3.9%2.9%0.07%
30 Day-8.5%3.4%-0.3%
90 Day-11.4%2.1%-1.6%
1 Year16.0%11.6%11.8%8.6%11.3%8.9%
3 Year39.5%27.7%54.8%44.1%46.3%36.8%
5 Year55.7%35.6%70.2%51.6%62.1%44.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Keweenaw Financial undervalued compared to its fair value and its price relative to the market?

10.85x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: KEFI ($60.25) is trading above our estimate of fair value ($54.4)

Significantly Below Fair Value: KEFI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: KEFI is good value based on its PE Ratio (10.8x) compared to the Banks industry average (12.6x).

PE vs Market: KEFI is good value based on its PE Ratio (10.8x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

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


Next Steps

Future Growth

How is Keweenaw Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KEFI's forecast earnings growth (5.8% per year) is above the savings rate (2.7%).

Earnings vs Market: KEFI's earnings (5.8% per year) are forecast to grow slower than the US market (14.5% per year).

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

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Keweenaw Financial performed over the past 5 years?

3.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: KEFI's earnings have grown by 3% per year over the past 5 years.

Accelerating Growth: KEFI's earnings growth over the past year (37.9%) exceeds its 5-year average (3% per year).

Earnings vs Industry: KEFI earnings growth over the past year (37.9%) exceeded the Banks industry 29.7%.


Return on Equity

High ROE: KEFI's Return on Equity (9.9%) is considered low.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Keweenaw Financial'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: KEFI has a low level of unsold assets or inventory.

Debt Coverage by Assets: KEFI's debt is covered by short term assets (assets are 48.355640x debt).


Financial Institutions Analysis

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

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

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

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

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

Level of Bad Loans: KEFI has an appropriate level of bad loans (0.33%)


Next Steps

Dividend

What is Keweenaw Financial's current dividend yield, its reliability and sustainability?

3.67%

Current Dividend Yield


Dividend Yield vs Market

company3.7%marketbottom25%1.4%markettop25%3.7%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: KEFI's dividend (3.67%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: KEFI's dividend (3.67%) is low compared to the top 25% of dividend payers in the US market (3.68%).

Stable Dividend: Whilst dividend payments have been stable, KEFI has been paying a dividend for less than 10 years.

Growing Dividend: KEFI's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (39.9%), KEFI'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 Keweenaw Financial's salary, the management and board of directors tenure and is there insider trading?

2.2yrs

Average management tenure


CEO

Keweenaw Financial has no CEO, or we have no data on them.


Management Age and Tenure

2.2yrs

Average Tenure

Experienced Management: KEFI's management team is considered experienced (2.2 years average tenure).


Board Age and Tenure

2.8yrs

Average Tenure

Experienced Board: KEFI's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Dave Vlahos

    President & Director

    • Tenure: 0yrs
  • Mike Hauswirth

    Executive VP & COO

    • Tenure: 0.8yrs
  • Steven Palosaari

    Executive Vice President of Business Lending - Superior National Bank & Trust

    • Tenure: 0yrs
  • John Farquhar

    Chief Credit Officer of Superior National Bank & Trust

    • Tenure: 0yrs
  • Sherry Hill

    Chief Financial Officer

    • Tenure: 2.2yrs
  • Robbyn Lucier

    Vice President of Human Resources

    • Tenure: 2.4yrs

Board Members

  • Dave Vlahos

    President & Director

    • Tenure: 0yrs
  • James Fenton

    Director

    • Tenure: 0yrs
  • Susan LaFernier

    Director

    • Tenure: 15.8yrs
  • Michael Mikkola

    Director

    • Tenure: 0yrs
  • Al Penegor

    Vice Chairman of the Board

    • Tenure: 2.8yrs
  • Dan Wisti

    Chairman of the Board

    • Tenure: 2.8yrs
  • Neil Ahola

    Director

    • Tenure: 0yrs
  • James Northey

    Director

    • Tenure: 0yrs

Company Information

Keweenaw Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Keweenaw Financial Corporation
  • Ticker: KEFI
  • Exchange: OTCPK
  • Founded: 1890
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$69.851m
  • Shares outstanding: 1.16m
  • Website: https://www.snb-t.com

Location

  • Keweenaw Financial Corporation
  • 235 Quincy Street
  • Hancock
  • Michigan
  • 49930
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KEFIOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 2003

Biography

Keweenaw Financial Corporation, through its subsidiary Superior National Bank & Trust Company, provides various banking products and services to individual and corporate customers. It offers personal banki ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 23:50
End of Day Share Price2019/10/22 00:00
Earnings2018/12/31
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.