OTCPK:LYBC

Stock Analysis Report

Executive Summary

Lyons Bancorp Inc., through its subsidiaries, provides a range of commercial and retail banking services to individual and small business customers.


Snowflake Analysis

Flawless balance sheet with solid track record and pays a dividend.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: LYBC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.3%

LYBC

-7.0%

US Banks

-2.6%

US Market


1 Year Return

-14.8%

LYBC

-32.9%

US Banks

-13.3%

US Market

Return vs Industry: LYBC exceeded the US Banks industry which returned -32.9% over the past year.

Return vs Market: LYBC underperformed the US Market which returned -13.3% over the past year.


Shareholder returns

LYBCIndustryMarket
7 Day-1.3%-7.0%-2.6%
30 Day-5.3%-24.6%-15.2%
90 Day-7.1%-41.9%-22.2%
1 Year-12.0%-14.8%-30.8%-32.9%-11.5%-13.3%
3 Year1.1%-7.7%-21.4%-27.3%13.2%5.7%
5 Year79.8%53.2%2.7%-9.2%31.8%17.2%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Lyons Bancorp undervalued compared to its fair value and its price relative to the market?

25.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LYBC ($36) is trading below our estimate of fair value ($48.43)

Significantly Below Fair Value: LYBC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LYBC is poor value based on its PE Ratio (11x) compared to the Banks industry average (8.6x).

PE vs Market: LYBC is good value based on its PE Ratio (11x) compared to the US market (12.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LYBC is overvalued based on its PB Ratio (1.5x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

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

-2.8%

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 Lyons 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

  • Examine whether Lyons Bancorp is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Lyons Bancorp's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has Lyons Bancorp performed over the past 5 years?

6.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LYBC has high quality earnings.

Growing Profit Margin: LYBC's current net profit margins (22.8%) are higher than last year (19.7%).


Past Earnings Growth Analysis

Earnings Trend: LYBC's earnings have grown by 6.9% per year over the past 5 years.

Accelerating Growth: LYBC's earnings growth over the past year (25.9%) exceeds its 5-year average (6.9% per year).

Earnings vs Industry: LYBC earnings growth over the past year (25.9%) exceeded the Banks industry 10.9%.


Return on Equity

High ROE: LYBC's Return on Equity (13.7%) is considered low.


Next Steps

Financial Health

How is Lyons 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


Financial Institutions Analysis

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

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

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

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

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

Level of Bad Loans: LYBC has an appropriate level of bad loans (0.4%)


Next Steps

Dividend

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

3.17%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LYBC's dividend (3.17%) is higher than the bottom 25% of dividend payers in the US market (2.01%).

High Dividend: LYBC's dividend (3.17%) is low compared to the top 25% of dividend payers in the US market (5.66%).


Stability and Growth of Payments

Stable Dividend: LYBC's dividends per share have been stable in the past 10 years.

Growing Dividend: LYBC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (36.6%), LYBC'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

How experienced are the management team and are they aligned to shareholders interests?

15.8yrs

Average board tenure


CEO

Bob Schick (69yo)

22.25s

Tenure

US$197,605

Compensation

Mr. Robert A. Schick, also known as Bob, has been Chairman, President and Chief Executive Officer of Lyons Bancorp, Inc. He has served as President of Lyons Bancorp, Inc since January 1998. He was hired by ...


Board Members

NamePositionTenureCompensationOwnership
Robert Schick
Chairman22.25yrsUS$197.61kno data
Thomas Kime
Director16.25yrsUS$141.58kno data
Andrew Fredericksen
Director17.25yrsno datano data
James Homburger
Director25.25yrsno datano data
David Breen
Directorno datano datano data
Clair Britt
Director19.25yrsUS$147.00kno data
Dale Hemminger
Director15.25yrsno datano data
Joseph Fragnoli
Director8.42yrsno datano data
Carol Snook
Directorno datano datano data
Bradley Person
Director9.42yrsno datano data

15.8yrs

Average Tenure

64yo

Average Age

Experienced Board: LYBC's board of directors are seasoned and experienced ( 15.8 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Lyons Bancorp Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lyons Bancorp Inc.
  • Ticker: LYBC
  • Exchange: OTCPK
  • Founded: 1852
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$115.152m
  • Shares outstanding: 3.20m
  • Website: https://www.bankwithlnb.com

Number of Employees


Location

  • Lyons Bancorp Inc.
  • 35 William Street
  • Lyons
  • New York
  • 14489
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LYBCOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 1994

Biography

Lyons Bancorp Inc., through its subsidiaries, provides a range of commercial and retail banking services to individual and small business customers. The company offers checking accounts, savings accounts, individual retirement accounts, and certificates of deposit. It also provides loans comprising residential real estate, commercial real estate, agricultural real estate, commercial and agricultural, and direct and indirect consumer installment loans; and residential real estate loans that include classes for 1-4 family and home equity loans, as well as consumer loans, which comprise recreational, auto, personal, and home improvement loans. In addition, the company offers financial services, including retirement strategy, investment management, education savings, life insurance, long-term care insurance, and employer and employee benefit services. Further, it provides mortgage, online and mobile banking, account, credit card, online cash management, and merchant services. The company operates 15 branches located in Wayne, Onondaga, Yates, Ontario, Monroe, Seneca, and Cayuga counties, New York. Lyons Bancorp Inc. was founded in 1852 and is based in Lyons, New York. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 02:32
End of Day Share Price2020/04/03 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.