OTCPK:MBCQ

Stock Analysis Report

Executive Summary

MB Bancorp, Inc. operates as the holding company for Madison Bank of Maryland that provides various financial products and services in the United States.


Snowflake Analysis

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-0.3%

MBCQ

8.6%

US Mortgage

9.4%

US Market


1 Year Return

-6.2%

MBCQ

-28.0%

US Mortgage

-6.8%

US Market

Return vs Industry: MBCQ underperformed the US Mortgage industry which returned 0.6% over the past year.

Return vs Market: MBCQ underperformed the US Market which returned 8.1% over the past year.


Shareholder returns

MBCQIndustryMarket
7 Day-0.3%8.6%9.4%
30 Day-0.9%-21.1%-3.9%
90 Day0.4%-33.4%-16.5%
1 Year-6.2%-6.2%-26.3%-28.0%-4.8%-6.8%
3 Year0.4%0.4%-17.8%-23.6%23.4%15.2%
5 Year42.5%42.5%1.0%-10.2%41.3%25.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

14.1x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MBCQ's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MBCQ's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MBCQ is poor value based on its PE Ratio (14.1x) compared to the Mortgage industry average (13x).

PE vs Market: MBCQ is good value based on its PE Ratio (14.1x) compared to the US market (16.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MBCQ is good value based on its PB Ratio (0.8x) compared to the US Mortgage industry average (1x).


Next Steps

Future Growth

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

-3.8%

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 MB 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 MB Bancorp performed over the past 5 years?

54.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MBCQ has high quality earnings.

Growing Profit Margin: MBCQ's current net profit margins (44%) are higher than last year (9.9%).


Past Earnings Growth Analysis

Earnings Trend: MBCQ has become profitable over the past 5 years, growing earnings by 54.7% per year.

Accelerating Growth: MBCQ's earnings growth over the past year (382.6%) exceeds its 5-year average (54.7% per year).

Earnings vs Industry: MBCQ earnings growth over the past year (382.6%) exceeded the Mortgage industry 8.6%.


Return on Equity

High ROE: MBCQ's Return on Equity (6.1%) is considered low.


Next Steps

Financial Health

How is MB Bancorp's financial position?


Financial Position Analysis

Short Term Liabilities: MBCQ's short term assets ($10.3M) do not cover its short term liabilities ($95.4M).

Long Term Liabilities: MBCQ's short term assets ($10.3M) do not cover its long term liabilities ($18.1M).


Debt to Equity History and Analysis

Debt Level: MBCQ's debt to equity ratio (53.6%) is considered high.

Reducing Debt: MBCQ's debt to equity ratio has reduced from 95.5% to 53.6% over the past 5 years.

Debt Coverage: MBCQ's debt is not well covered by operating cash flow (4.4%).

Interest Coverage: Insufficient data to determine if MBCQ's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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

3.5yrs

Average board tenure


CEO

Phil Phillips (63yo)

3.5s

Tenure

US$284,085

Compensation

Mr. Phillip P. Phillips, also known as Phil, has been the Chief Executive Officer and President of MB Bancorp, Inc. and Madison Bank of Maryland since September 30, 2016. Mr. Phillips served as the Chief E ...


CEO Compensation Analysis

Compensation vs Market: Phil's total compensation ($USD284.09K) is below average for companies of similar size in the US market ($USD543.24K).

Compensation vs Earnings: Phil's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Phillip Phillips
President3.5yrsUS$284.09k0.87% $249.6k
Nicole Glaeser
Independent Director3.25yrsUS$22.51k0.17% $48.2k
Randall Pace
Independent Director4.25yrsUS$21.76k0.20% $58.8k
Jeffrey Thorp
Independent Director2yrsUS$18.53k9.83% $2.8m
Louis Vigliotti
Independent Director3.25yrsUS$22.31k0.18% $51.0k
Corissa Briglia Porcelli
Independent Director2yrsUS$19.26k0.037% $10.6k
John Fiorini
Director Emeritus4.25yrsUS$8.20kno data
Douglas Wilson
Chairman of the Boardno dataUS$24.00k0.28% $81.8k
Michael Nobile
Independent Director5.58yrsUS$22.81k0.31% $90.2k
David Klunk
Independent Director4.25yrsUS$22.01k0.16% $46.3k

3.5yrs

Average Tenure

61yo

Average Age

Experienced Board: MBCQ's board of directors are considered experienced (3.5 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 been diluted in the past year, with total shares outstanding growing by 3%.


Top Shareholders

Company Information

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


Key Information

  • Name: MB Bancorp, Inc.
  • Ticker: MBCQ
  • Exchange: OTCPK
  • Founded: 1899
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$28.792m
  • Shares outstanding: 1.84m
  • Website: https://www.mbofmd.com

Number of Employees


Location

  • MB Bancorp, Inc.
  • 1920 Rock Spring Road
  • Forest Hill
  • Maryland
  • 21050
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MBCQOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 2014

Biography

MB Bancorp, Inc. operates as the holding company for Madison Bank of Maryland that provides various financial products and services in the United States. The company offers deposits, including checking, NOW, money market, and statement savings accounts; and certificates of deposit. It also provides loans, including residential mortgage, non-residential real estate, construction and land, and consumer loans, as well as home equity lines of credit. The company also invests in various liquid assets, including U.S. Treasury obligations; securities of various government-sponsored agencies, and of state and municipal governments; mortgage-backed securities; and certificates of deposit of federally insured institutions. It operates through main office in Forest Hill; and two full-service branch offices located in Aberdeen and Perry Hall of Maryland. The company was founded in 1899 and is headquartered in Forest Hill, Maryland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/03 01:37
End of Day Share Price2020/02/28 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.