OTCPK:MLGF

Stock Analysis Report

Executive Summary

Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers.

Snowflake

Fundamentals

Established dividend payer with mediocre balance sheet.

Risks

  • Malaga Financial is not covered by any analysts.

Share Price & News

How has Malaga Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.4%

OTCPK:MLGF

-2.5%

US Banks

-0.7%

US Market


1 Year Return

-16.1%

OTCPK:MLGF

-14.2%

US Banks

-0.5%

US Market

MLGF underperformed the Banks industry which returned -14.2% over the past year.

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


Share holder returns

MLGFIndustryMarket
7 Day3.4%-2.5%-0.7%
30 Day-0.6%-6.1%-3.0%
90 Day3.2%-3.8%0.9%
1 Year-13.0%-16.1%-11.8%-14.2%1.7%-0.5%
3 Year28.7%14.9%42.1%32.4%39.5%30.4%
5 Year59.8%31.0%53.3%36.7%54.1%37.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

10.83x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Malaga Financial is good value based on earnings compared to the US Banks industry average.

Malaga Financial 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 Malaga Financial, we can't assess if its growth is good value.


Price Based on Value of Assets

Malaga Financial is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

1.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Malaga Financial is high growth as no revenue estimate data is available.

Malaga Financial's earnings are expected to grow by 1.4% yearly, however this is not considered high growth (20% yearly).

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

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

Malaga Financial'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 Malaga Financial will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Malaga Financial performed over the past 5 years?

6.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Malaga Financial's 1-year earnings growth exceeds its 5-year average (13.4% vs 6%)

Malaga Financial's earnings growth has not exceeded the US Banks industry average in the past year (13.4% vs 33.3%).


Return on Equity

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


Return on Assets

Malaga Financial 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 Malaga Financial 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 Malaga Financial'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

Information is not available.

Information is not available.


Financial Institutions Analysis

Malaga Financial has an acceptable proportion of non-loan assets held.

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

Malaga Financial's liabilities are made up of primarily low risk sources of funding.

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

Malaga Financial has advanced significantly more loans than the customer deposits it holds (i.e. bank has borrowed additional funds to lend).

Unable to establish if Malaga Financial has an acceptable level of bad loans without bad loans data.


Next Steps

Dividend

What is Malaga Financial's current dividend yield, its reliability and sustainability?

4.17%

Current Dividend Yield


Dividend Yield and Payments Analysis

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

Malaga Financial's dividend is above the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.3x 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 Malaga Financial's salary, the management and board of directors tenure and is there insider trading?

7.6yrs

Average management tenure


CEO

Randy Bowers (69yo)

12.8yrs

Tenure

0

Mr. Randy C. Bowers has been the Chief Executive Officer and President of Malaga Financial Corp. since November 20, 2006. Mr. Bowers serves as the Chief Executive Officer and President of Malaga Bank FSB,  ...


Management Age and Tenure

7.6yrs

Average Tenure

66yo

Average Age

The average tenure for the Malaga Financial management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

12.1yrs

Average Tenure

71yo

Average Age

The average tenure for the Malaga Financial 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

  • Randy Bowers (69yo)

    Chairman

    • Tenure: 12.8yrs
  • Mel Hashimoto

    VP & Controller

    • Tenure: 0.0yrs
  • Mark Bustamante

    Senior Vice President of Income Property Lending - Lending Operations

    • Tenure: 0.0yrs
  • Jasna Penich (61yo)

    Executive VP & CFO

    • Tenure: 11.0yrs
  • Dennis Mezzo

    Senior VP & Loan Production Manager of Lending Operations

    • Tenure: 0.0yrs
  • Raymond Craemer (74yo)

    Corporate Secretary & Director

    • Tenure: 17.6yrs
  • Richard Oas (80yo)

    Director

    • Tenure: 17.6yrs
  • John Tellenbach (52yo)

    Chief Credit Officer & Senior VP - Lending Operations

    • Tenure: 3.7yrs
  • Mark Smith (66yo)

    Senior Vice President of Business Banking - Lending Operations

    • Tenure: 7.6yrs
  • Sacha Ohara (48yo)

    Senior VP & Branch Administrator - Retail Banking Operations

    • Tenure: 7.6yrs

Board Members

  • Randy Bowers (69yo)

    Chairman

    • Tenure: 12.8yrs
  • Raymond Craemer (74yo)

    Corporate Secretary & Director

    • Tenure: 17.6yrs
  • Jerry Donahue (81yo)

    Director

    • Tenure: 0.0yrs
  • Leo K. Lee (71yo)

    Director

    • Tenure: 17.6yrs
  • Richard Oas (80yo)

    Director

    • Tenure: 17.6yrs
  • Doug Wible (61yo)

    Director

    • Tenure: 6.6yrs
  • Andrew C. Sheng (46yo)

    Director

    • Tenure: 2.8yrs

Company Information

Malaga Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Malaga Financial Corporation
  • Ticker: MLGF
  • Exchange: OTCPK
  • Founded: 1985
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$159.537m
  • Shares outstanding: 6.65m
  • Website: https://www.malagabank.com

Number of Employees


Location

  • Malaga Financial Corporation
  • 2514 Via Tejon
  • Palos Verdes Estates
  • California
  • 90274
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MLGFOTCPK (Pink Sheets LLC)YesCommon StockUSUSDFeb 1996

Biography

Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers. The company offers checking ac ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 23:41
End of Day Share Price2019/08/15 00:00
Earnings2018/12/31
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.