OTCPK:LPBC

Stock Analysis Report

Lincoln Park Bancorp

Executive Summary

Lincoln Park Bancorp. operates as the holding company for Lincoln 1st Bank that provides banking services in the United States.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

How has Lincoln Park Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-5.8%

LPBC

1.1%

US Mortgage

1.0%

US Market


1 Year Return

-26.6%

LPBC

12.9%

US Mortgage

6.7%

US Market

Return vs Industry: LPBC underperformed the US Mortgage industry which returned 12.9% over the past year.

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


Share holder returns

LPBCIndustryMarket
7 Day-5.8%1.1%1.0%
30 Day-10.7%-0.5%-1.8%
90 Dayn/a2.3%-1.8%
1 Year-26.6%-26.6%15.4%12.9%9.1%6.7%
3 Year-10.1%-10.7%40.4%30.9%46.0%36.6%
5 Year11.0%9.4%68.9%51.2%66.9%48.6%

Price Volatility Vs. Market

How volatile is Lincoln Park Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Lincoln Park Bancorp undervalued based on future cash flows and its price relative to the stock market?

0.78x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: Insufficient data to calculate LPBC's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate LPBC's fair value to establish if it is undervalued.


Price Based on Earnings

PE vs Industry: LPBC is unprofitable, so we can't compare its PE Ratio to the Mortgage industry average.

PE vs Market: LPBC is unprofitable, so we can't compare its PE Ratio to the US market.


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: LPBC is good value based on its PB Ratio (0.8x) compared to the US Mortgage industry average (1.1x).


Next Steps

Future Growth

How is Lincoln Park Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.4%

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 Lincoln Park 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.


Next Steps

Past Performance

How has Lincoln Park Bancorp performed over the past 5 years?

-731.1%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if LPBC's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare LPBC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LPBC is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage industry (31.7%).


Return on Equity

High ROE: LPBC has a negative Return on Equity (-7.06%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: LPBC is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: LPBC is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Lincoln Park Bancorp'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: LPBC has a low level of unsold assets or inventory.

Debt Coverage by Assets: LPBC's debt is not covered by short term assets (assets are 0.2x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if LPBC has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if LPBC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Financial Institutions Analysis

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

Allowance for Bad Loans: Insufficient data to determine if LPBC has a sufficient allowance for bad loans.

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

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

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

Level of Bad Loans: Insufficient data to determine if LPBC has an appropriate level of bad loans.


Next Steps

Dividend

What is Lincoln Park Bancorp's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage2.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: Unable to evaluate LPBC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate LPBC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if LPBC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LPBC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: LPBC is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LPBC's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Lincoln Park Bancorp's salary, the management and board of directors tenure and is there insider trading?

1.4yrs

Average management tenure


CEO

Stephen Dormer 0

1.2yrs

Tenure

0

Mr. Stephen G. Dormer has been the Chief Executive Officer at Lincoln 1st Bank since 2018 and also has been Chairman since August 2018. Mr. Dormer has been Chairman and Chief Executive Officer of Lincoln P ...


Management Age and Tenure

1.4yrs

Average Tenure

Experienced Management: LPBC's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Age and Tenure

1.2yrs

Average Tenure

Experienced Board: LPBC's board of directors are not considered experienced ( 1.2 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

  • William Weisbrod (67yo)

    Advisor to the Board

    • Tenure: 0yrs
    • Compensation: US$26.94k
  • Michael Carloni

    Chief Administrative Officer

    • Tenure: 0yrs
  • Philip Vaz

    Executive VP & COO

    • Tenure: 2.3yrs
  • Gerald Filandro

    Chief Compliance Officer & VP

    • Tenure: 0yrs
  • Erik Terpstra

    VP & CFO

    • Tenure: 1.4yrs
  • Stephen Dormer

    Chairman & CEO

    • Tenure: 1.2yrs
  • Debra Woytowich

    VP & Chief Lending Officer - Lincoln 1st Bank

    • Tenure: 1.2yrs
  • Rowland Thomas

    VP & Chief Credit Officer

    • Tenure: 1.8yrs

Board Members

  • David Dixon

    Director

    • Tenure: 0yrs
  • Anthony Petrillo

    Director

    • Tenure: 0yrs
  • Stephen Dormer

    Chairman & CEO

    • Tenure: 1.2yrs
  • Seth Stoller

    Director

    • Tenure: 1.8yrs
  • Dan Rothstein

    Director

    • Tenure: 0.8yrs

Company Information

Lincoln Park Bancorp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lincoln Park Bancorp.
  • Ticker: LPBC
  • Exchange: OTCPK
  • Founded: 1923
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$15.289m
  • Shares outstanding: 1.80m
  • Website: https://www.mylincoln1st.com

Location

  • Lincoln Park Bancorp.
  • 31 Boonton Turnpike
  • Lincoln Park
  • New Jersey
  • 7035
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LPBCOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 2004

Biography

Lincoln Park Bancorp. operates as the holding company for Lincoln 1st Bank that provides banking services in the United States. The company offers checking and saving accounts, such as passbook savings acc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 01:45
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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