OTCPK:LGHT

Stock Analysis Report

Executive Summary

Lighthouse Bank provides commercial and personal banking products and services to individuals, professionals, small to medium-sized businesses, and non-profit organizations in Santa Cruz and Santa Clara counties, California.

Snowflake

Fundamentals

Adequate balance sheet with proven track record.

Risks

  • Lighthouse Bank is not covered by any analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:LGHT

-2.6%

US Banks

-1.0%

US Market


1 Year Return

3.2%

OTCPK:LGHT

-14.2%

US Banks

-0.4%

US Market

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

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


Share holder returns

LGHTIndustryMarket
7 Day0%-2.6%-1.0%
30 Day0%-6.3%-3.3%
90 Day8.2%-3.5%0.8%
1 Year4.9%3.2%-11.8%-14.2%1.9%-0.4%
3 Year88.9%79.4%42.2%32.4%39.4%30.4%
5 Year144.8%121.0%53.3%36.7%54.2%37.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

12.96x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Lighthouse Bank is overvalued based on earnings compared to the US Banks industry average.

Lighthouse Bank 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 Lighthouse Bank, we can't assess if its growth is good value.


Price Based on Value of Assets

Lighthouse Bank is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

0.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Lighthouse Bank is high growth as no revenue estimate data is available.

Lighthouse Bank's earnings are expected to grow by 0.8% yearly, however this is not considered high growth (20% yearly).

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

Lighthouse Bank's earnings growth is positive but not above the United States of America market average.

Lighthouse Bank's earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Lighthouse Bank performed over the past 5 years?

18.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Lighthouse Bank's year on year earnings growth rate has been positive over the past 5 years.

Lighthouse Bank's 1-year earnings growth exceeds its 5-year average (36.1% vs 18%)

Lighthouse Bank's earnings growth has exceeded the US Banks industry average in the past year (36.1% vs 33.2%).


Return on Equity

Lighthouse Bank has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Lighthouse Bank 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 Lighthouse Bank 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 Lighthouse Bank'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

Lighthouse Bank has an acceptable proportion of non-loan assets held.

Unable to establish if Lighthouse Bank has a sufficient allowance for bad loans without relevant financial data.

Lighthouse Bank's liabilities are made up of primarily low risk sources of funding.

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

Loans at Lighthouse Bank are broadly funded by customer deposits.

Unable to establish if Lighthouse Bank has an acceptable level of bad loans without bad loans data.


Next Steps

Dividend

What is Lighthouse Bank's current dividend yield, its reliability and sustainability?

1.55%

Current Dividend Yield


Dividend Yield and Payments Analysis

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

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

Whilst dividend payments have been stable, Lighthouse Bank has been paying a dividend for less than 10 years.

Dividend payments have increased, but Lighthouse Bank only paid a dividend in the past 4 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (5x 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 Lighthouse Bank's salary, the management and board of directors tenure and is there insider trading?

3.5yrs

Average management tenure


CEO

Lane Lawson (71yo)

3.5yrs

Tenure

US$354,193

Compensation

Mr. Lane S. Lawson, Jr., serves as Chief Executive Officer of Lighthouse Bank. He joined Lighthouse Bank in October 2007 as Executive Vice President, Chief Credit Officer. He serves as a Director of Lighth ...


CEO Compensation Analysis

Lane's remuneration is about average for companies of similar size in United States of America.

Lane's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.5yrs

Average Tenure

59yo

Average Age

The tenure for the Lighthouse Bank management team is about average.


Board Age and Tenure

12.6yrs

Average Tenure

62.5yo

Average Age

The average tenure for the Lighthouse Bank board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Lane Lawson (71yo)

    CEO & Director

    • Tenure: 3.5yrs
    • Compensation: $354.19k
  • Rudolph Garcia

    Senior VP & SBA Group Manager

  • Stephen Pahl (62yo)

    Vice Chairman of the Board & Secretary

    • Compensation: $30.38k
  • Brianna Carabba

    Senior VP of Human Resources

  • John Rockwell (63yo)

    Executive VP & Chief Credit Officer

    • Tenure: 1.1yrs
  • Jon Sisk (56yo)

    President & Director

    • Tenure: 3.5yrs
    • Compensation: $321.19k
  • Michele Bassi

    Senior VP & Production Group Manager

    • Tenure: 1.3yrs
  • Kim Raynal (51yo)

    Executive VP & COO

    • Tenure: 11.9yrs
  • Robert Kluba

    Vice President of Information Technology/Security Officer

  • Angela Henderson (46yo)

    Senior VP & CFO

    • Tenure: 5.1yrs

Board Members

  • Linda Burroughs

    Co-Chair of Advisory Board

  • Lane Lawson (71yo)

    CEO & Director

    • Tenure: 3.5yrs
    • Compensation: $354.19k
  • Michael Dunn (57yo)

    Director

    • Tenure: 12.6yrs
    • Compensation: $26.13k
  • Stephen Pahl (62yo)

    Vice Chairman of the Board & Secretary

    • Compensation: $30.38k
  • Craig French (69yo)

    Director

    • Tenure: 12.6yrs
    • Compensation: $24.00k
  • James Weisenstein (63yo)

    Director

    • Tenure: 12.6yrs
    • Compensation: $27.13k
  • Jon Sisk (56yo)

    President & Director

    • Tenure: 2.5yrs
    • Compensation: $321.19k
  • John Burroughs (74yo)

    Chairman of the Board

    • Tenure: 12.6yrs
    • Compensation: $32.00k
  • Peter Gaarn

    Co-Chair of Advisory Board

  • Bill Slakey (60yo)

    Director

    • Tenure: 12.6yrs
    • Compensation: $20.25k

Company Information

Lighthouse Bank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lighthouse Bank
  • Ticker: LGHT
  • Exchange: OTCPK
  • Founded: 2007
  • Industry: regional banks
  • Sector: banks
  • Market Cap: US$67.007m
  • Shares outstanding: 2.60m
  • Website: Click here

Location

  • Lighthouse Bank
  • 2020 North Pacific Avenue
  • Santa Cruz
  • California
  • 95060
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LGHTOTCPK (Pink Sheets LLC)YesCommon stockUSUSDDec 2007

Biography

Lighthouse Bank provides commercial and personal banking products and services to individuals, professionals, small to medium-sized businesses, and non-profit organizations in Santa Cruz and Santa Clara co ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 00:15
End of Day Share Price2019/08/14 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.