KS Bancorp, Inc. operates as the bank holding company for KS Bank, Inc. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has KS Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KSBI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: Insufficient data to determine KSBI's volatility change over the past year.
7 Day Return
1 Year Return
Return vs Industry: KSBI exceeded the US Mortgage industry which returned 47.8% over the past year.
Return vs Market: KSBI exceeded the US Market which returned 36.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is KS Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is KS Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KSBI ($41.27) is trading below our estimate of fair value ($52.6)
Significantly Below Fair Value: KSBI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KSBI is good value based on its PE Ratio (8.4x) compared to the US Mortgage industry average (12.1x).
PE vs Market: KSBI is good value based on its PE Ratio (8.4x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KSBI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KSBI is overvalued based on its PB Ratio (1.3x) compared to the US Mortgage industry average (1.1x).
How is KS Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 KS Bancorp 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.
How has KS Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KSBI has high quality earnings.
Growing Profit Margin: KSBI's current net profit margins (28.5%) are higher than last year (23.1%).
Past Earnings Growth Analysis
Earnings Trend: KSBI's earnings have grown by 19.9% per year over the past 5 years.
Accelerating Growth: KSBI's earnings growth over the past year (43.3%) exceeds its 5-year average (19.9% per year).
Earnings vs Industry: KSBI earnings growth over the past year (43.3%) exceeded the Mortgage industry 37.2%.
Return on Equity
High ROE: KSBI's Return on Equity (15.9%) is considered low.
How is KS Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: KSBI's Assets to Equity ratio (15.6x) is moderate.
Allowance for Bad Loans: KSBI has a sufficient allowance for bad loans (878%).
Low Risk Liabilities: 91% of KSBI's liabilities are made up of primarily low risk sources of funding.
Loan Level: KSBI has an appropriate level of Loans to Assets ratio (65%).
Low Risk Deposits: KSBI's Loans to Deposits ratio (76%) is appropriate.
Level of Bad Loans: KSBI has an appropriate level of bad loans (0.2%).
What is KS Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KSBI's dividend (1.55%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: KSBI's dividend (1.55%) is low compared to the top 25% of dividend payers in the US market (3.52%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, KSBI has been paying a dividend for less than 10 years.
Growing Dividend: KSBI's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (10.1%), KSBI'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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Harold Keen (72 yo)
Mr. Harold T. Keen has been the President and the Chief Executive Officer at KS Bancorp, Inc. and KS Bank Inc. since 1990. Mr. Keen serves as the Chief Executive Officer and President at KS Bank, Inc. (Smi...
Experienced Management: KSBI's management team is seasoned and experienced (11.5 years average tenure).
Experienced Board: KSBI's board of directors are seasoned and experienced ( 21.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
KS Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: KS Bancorp, Inc.
- Ticker: KSBI
- Exchange: OTCPK
- Founded: 1924
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$45.718m
- Shares outstanding: 1.11m
- Website: https://www.ksbankinc.com
- KS Bancorp, Inc.
- 1031 North Brightleaf Boulevard
- North Carolina
- United States
KS Bancorp, Inc. operates as the bank holding company for KS Bank, Inc. that provides a range of community banking services to consumers and businesses. The company offers personal deposit accounts, such a...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/30 01:38|
|End of Day Share Price||2021/07/29 00:00|
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.