OTCPK:LFGP

Stock Analysis Report

Ledyard Financial Group

Executive Summary

Ledyard Financial Group, Inc. operates as the bank holding company for Ledyard National Bank that provides retail and commercial banking, and wealth advisory services to personal and business customers in Central New Hampshire and Vermont.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.

Risks

  • Ledyard Financial Group is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.5%

OTCPK:LFGP

-2.6%

US Banks

-1.0%

US Market


1 Year Return

-10.8%

OTCPK:LFGP

-14.2%

US Banks

-0.4%

US Market

LFGP outperformed the Banks industry which returned -14.2% over the past year.

LFGP underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

LFGPIndustryMarket
7 Day0.5%-2.6%-1.0%
30 Day-5.2%-5.5%-3.3%
90 Day-3.3%-3.5%0.4%
1 Year-7.6%-10.8%-11.8%-14.2%1.8%-0.4%
3 Year36.5%23.7%42.2%32.4%39.4%30.4%
5 Year41.0%18.2%53.3%36.7%54.2%37.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Ledyard Financial Group undervalued based on future cash flows and its price relative to the stock market?

11.39x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Ledyard Financial Group's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Ledyard Financial Group's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Ledyard Financial Group is good value based on earnings compared to the US Banks industry average.

Ledyard Financial Group is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Ledyard Financial Group, we can't assess if its growth is good value.


Price Based on Value of Assets

Ledyard Financial Group is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Ledyard Financial Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Ledyard Financial Group is high growth as no revenue estimate data is available.

Ledyard Financial Group's earnings are expected to grow by 3.1% yearly, however this is not considered high growth (20% yearly).

Unable to compare Ledyard Financial Group's revenue growth to the United States of America market average as no estimate data is available.

Ledyard Financial Group's earnings growth is positive but not above the United States of America market average.

Ledyard Financial Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Ledyard Financial Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Ledyard Financial Group performed over the past 5 years?

5.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Ledyard Financial Group's year on year earnings growth rate has been positive over the past 5 years.

Ledyard Financial Group's 1-year earnings growth exceeds its 5-year average (28.3% vs 5.9%)

Ledyard Financial Group's earnings growth has not exceeded the US Banks industry average in the past year (28.3% vs 33.2%).


Return on Equity

Ledyard Financial Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Ledyard Financial Group used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Ledyard Financial Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Ledyard Financial Group'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


Financial Institutions Analysis

Ledyard Financial Group has an acceptable proportion of non-loan assets held.

Ledyard Financial Group has a sufficient allowance for bad loans.

Ledyard Financial Group's liabilities are made up of primarily low risk sources of funding.

Ledyard Financial Group's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Ledyard Financial Group are broadly funded by customer deposits.

Ledyard Financial Group has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

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

3.82%

Current Dividend Yield


Dividend Yield and Payments Analysis

Ledyard Financial Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Ledyard Financial Group's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.4x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Ledyard Financial Group's salary, the management and board of directors tenure and is there insider trading?

12.6yrs

Average management tenure


CEO

Kathy Underwood (60yo)

12.6yrs

Tenure

Ms. Kathryn G. Underwood, also known as Kathy, serves as the President and Chief Executive Officer of Ledyard Financial Group, Inc. and its subsidiary, Ledyard National Bank. Ms. Underwood has been the Pre ...


Management Age and Tenure

12.6yrs

Average Tenure

The average tenure for the Ledyard Financial Group management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

3.1yrs

Average Tenure

63.5yo

Average Age

The tenure for the Ledyard Financial Group board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Dennis Mitchell

    President & MD of Ledyard Financial Advisors

  • Jeff Marks

    Senior VP & Chief Marketing Officer

  • Greg Steverson

    Executive VP

    • Tenure: 12.6yrs
  • Darcy Rogers

    Senior VP

  • Mike Parisi

    Senior VP & Senior Retail Banking Officer

  • Barbara Graf

    Senior VP & Human Resources Director

  • Kathy Underwood (60yo)

    President

    • Tenure: 12.6yrs
  • Susan Fernald

    Senior VP & Senior Banking Operations Officer

    • Tenure: 0.7yrs
  • Mike Urnezis

    Senior VP

  • Bill Logan

    Senior VP & Private Banking Manager


Board Members

  • Andrew Samwick (50yo)

    Co-Vice Chairman

  • Kathy Underwood (60yo)

    President

    • Tenure: 12.6yrs
  • Bruce King

    Co-Vice Chairman

  • Margaret Rightmire

    Chairman of the Board

    • Tenure: 0.3yrs
  • Mark Beliveau

    Director

    • Tenure: 0.8yrs
  • Teresa Rosenberger

    Director

    • Tenure: 1.6yrs
  • Willemien Miller

    Director

    • Tenure: 0.7yrs
  • Bob Wetzel

    Director

    • Tenure: 4.6yrs
  • Cotton Cleveland (67yo)

    Director

    • Tenure: 12.6yrs
  • Doug Britton (67yo)

    Secretary & Director

    • Tenure: 12.6yrs

Company Information

Ledyard Financial Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ledyard Financial Group, Inc.
  • Ticker: LFGP
  • Exchange: OTCPK
  • Founded: 1991
  • Industry: regional banks
  • Sector: banks
  • Market Cap: US$64.912m
  • Shares outstanding: 3.26m
  • Website: Click here

Location

  • Ledyard Financial Group, Inc.
  • 38 South Main Street
  • PO Box 799
  • Hanover
  • New Hampshire
  • 3755
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LFGPOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMar 2006

Biography

Ledyard Financial Group, Inc. operates as the bank holding company for Ledyard National Bank that provides retail and commercial banking, and wealth advisory services to personal and business customers in  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 00:12
End of Day Share Price2019/08/16 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.