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MCBI

Mountain Commerce Bancorp OTCPK:MCBI Stock Report

Last Price

US$28.50

Market Cap

US$179.7m

7D

0%

1Y

6.1%

Updated

22 Jun, 2022

Data

Company Financials
MCBI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

MCBI Stock Overview

Mountain Commerce Bancorp, Inc. operates as a bank holding company for Mountain Commerce Bank that offers personal and business banking services.

Mountain Commerce Bancorp Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Mountain Commerce Bancorp
Historical stock prices
Current Share PriceUS$28.50
52 Week HighUS$31.50
52 Week LowUS$25.75
Beta1.0
1 Month Change0.71%
3 Month Change-7.77%
1 Year Change6.15%
3 Year Change50.79%
5 Year Change103.57%
Change since IPO130.77%

Recent News & Updates

Shareholder Returns

MCBIUS BanksUS Market
7D0%2.0%0.9%
1Y6.1%-16.2%-20.6%

Return vs Industry: MCBI exceeded the US Banks industry which returned -16.2% over the past year.

Return vs Market: MCBI exceeded the US Market which returned -20.6% over the past year.

Price Volatility

Is MCBI's price volatile compared to industry and market?
MCBI volatility
MCBI Average Weekly Movement1.9%
Banks Industry Average Movement3.8%
Market Average Movement7.9%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

Stable Share Price: MCBI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: Insufficient data to determine MCBI's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1910106Bill Edwardshttps://www.mcb.com

Mountain Commerce Bancorp, Inc. operates as a bank holding company for Mountain Commerce Bank that offers personal and business banking services. It offers checking and savings accounts; certificates of deposit; and loans and lines of credit, such as mortgage loans, personal loans and lines of credit, commercial real estate lending, small business administration loans, equipment lending, operating lines of credit, and credit cards. The company also provides private banking services; remote deposit capture services; treasury management solutions; and online banking services.

Mountain Commerce Bancorp Fundamentals Summary

How do Mountain Commerce Bancorp's earnings and revenue compare to its market cap?
MCBI fundamental statistics
Market CapUS$179.69m
Earnings (TTM)US$23.33m
Revenue (TTM)US$49.64m

7.7x

P/E Ratio

1.5x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MCBI income statement (TTM)
RevenueUS$49.64m
Cost of RevenueUS$0
Gross ProfitUS$49.64m
Other ExpensesUS$26.31m
EarningsUS$23.33m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.70
Gross Margin100.00%
Net Profit Margin47.00%
Debt/Equity Ratio103.5%

How did MCBI perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

15%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is MCBI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MCBI?

Other financial metrics that can be useful for relative valuation.

MCBI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does MCBI's PE Ratio compare to its peers?

MCBI PE Ratio vs Peers
The above table shows the PE ratio for MCBI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.9x

Price-To-Earnings vs Peers: MCBI is good value based on its Price-To-Earnings Ratio (7.7x) compared to the peer average (7.9x).


Price to Earnings Ratio vs Industry

How does MCBI's PE Ratio compare vs other companies in the U.S. Banks Industry?

Price-To-Earnings vs Industry: MCBI is good value based on its Price-To-Earnings Ratio (7.7x) compared to the US Banks industry average (9.6x)


Price to Earnings Ratio vs Fair Ratio

What is MCBI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MCBI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MCBI's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of MCBI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MCBI ($28.5) is trading below our estimate of fair value ($33.06)

Significantly Below Fair Value: MCBI is trading below fair value, but not by a significant amount.


Price to Earnings Growth Ratio

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


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.0%

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 Mountain Commerce 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.


Discover growth companies

  • Examine whether Mountain Commerce 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 Mountain Commerce Bancorp's filings and announcements here.

Past Performance

How has Mountain Commerce Bancorp performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


29.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MCBI has high quality earnings.

Growing Profit Margin: MCBI's current net profit margins (47%) are higher than last year (37.5%).


Past Earnings Growth Analysis

Earnings Trend: MCBI's earnings have grown significantly by 29.3% per year over the past 5 years.

Accelerating Growth: MCBI's earnings growth over the past year (83.2%) exceeds its 5-year average (29.3% per year).

Earnings vs Industry: MCBI earnings growth over the past year (83.2%) exceeded the Banks industry 20.4%.


Return on Equity

High ROE: Whilst MCBI's Return on Equity (20.06%) is high, this metric is skewed due to their high level of debt.


Discover strong past performing companies

Financial Health

How is Mountain Commerce Bancorp's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

6/6

Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: MCBI's Assets to Equity ratio (11.9x) is moderate.

Allowance for Bad Loans: MCBI has a sufficient allowance for bad loans (604%).

Low Risk Liabilities: 90% of MCBI's liabilities are made up of primarily low risk sources of funding.

Loan Level: MCBI has an appropriate level of Loans to Assets ratio (80%).

Low Risk Deposits: MCBI's Loans to Deposits ratio (97%) is appropriate.

Level of Bad Loans: MCBI has an appropriate level of bad loans (0.2%).


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Dividend

What is Mountain Commerce Bancorp current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.11%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: MCBI's dividend (2.11%) is higher than the bottom 25% of dividend payers in the US market (1.63%).

High Dividend: MCBI's dividend (2.11%) is low compared to the top 25% of dividend payers in the US market (4.33%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether MCBI's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if MCBI's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (14.7%), MCBI's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


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Management

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

6.0yrs

Average board tenure


CEO

Bill Edwards (61 yo)

no data

Tenure

Mr. William E. Edwards, III, also known as Bill, is a Founder of Mountain Commerce Bancorp, Inc. and Mountain Commerce Bank. He serves as President and Chief Executive Officer of Mountain Commerce Bancorp,...


Board Members

Experienced Board: MCBI's board of directors are considered experienced (6 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

Mountain Commerce Bancorp, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Mountain Commerce Bancorp, Inc.
  • Ticker: MCBI
  • Exchange: OTCPK
  • Founded: 1910
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$179.691m
  • Shares outstanding: 6.30m
  • Website: https://www.mcb.com

Number of Employees


Location

  • Mountain Commerce Bancorp, Inc.
  • 6101 Kingston Pike
  • PO Box 52942
  • Knoxville
  • Tennessee
  • 37919
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/22 00:00
End of Day Share Price2022/06/17 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.