OTCPK:MNBC

Stock Analysis Report

Executive Summary

MNB Corporation operates as the holding company for Merchants National Bank of Bangor (bank), which provides various banking products and services primarily to individuals and businesses in the Bangor area.

Snowflake

Fundamentals

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.1%

MNBC

2.7%

US Banks

0.5%

US Market


1 Year Return

n/a

MNBC

2.9%

US Banks

6.8%

US Market

Return vs Industry: Insufficient data to determine how MNBC performed against the US Banks industry.

Return vs Market: Insufficient data to determine how MNBC performed against the US Market.


Shareholder returns

MNBCIndustryMarket
7 Day0.1%2.7%0.5%
30 Day-2.0%1.1%-0.8%
90 Day2.4%2.7%-0.9%
1 Yearn/a5.8%2.9%9.2%6.8%
3 Year62.1%49.6%52.0%41.5%45.6%36.2%
5 Year98.3%69.0%69.2%50.7%63.2%45.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


In this section, we usually try to help investors determine whether MNB is trading at an attractive price based on the cash flow it is expected to produce in the future. But as MNB has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of MNBC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through MNB regulatory filings here.
  • Explore potentially undervalued companies in the Banks industry.

Future Growth

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

0.8%

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 MNB 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

  • Take a look at our analysis of MNBC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • 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 MNB's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has MNB performed over the past 5 years?

15.6%

Historical Banks annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, MNB has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

  • When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at MNB's' management and board experience and expertise to assess their ability to deliver on their strategic promises.
  • 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 MNB's filings and announcements here.
  • Explore strong past performing companies in the Banks industry.

Financial Health

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


In this section we usually analyse MNB's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. MNB has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

Dividend

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


Upcoming Dividend Payment

Purchase MNB before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate MNBC'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 MNBC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MNBC'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 MNBC'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 MNB's salary, the management and board of directors tenure and is there insider trading?

3.2yrs

Average management tenure


CEO

Rocco Del Vecchio 0

3.2yrs

Tenure

0

Mr. Rocco A. Del Vecchio has been Chief Executive Officer and Director of MNB Corporation and Merchants Bank of Bangor. since August 2016. He is the President of MNB Corporation since August 2019. Mr. Del  ...


Management Age and Tenure

3.2yrs

Average Tenure

Experienced Management: MNBC's management team is considered experienced (3.2 years average tenure).


Board Age and Tenure

3.2yrs

Average Tenure

Experienced Board: MNBC's board of directors are considered experienced (3.2 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Keith Heard

    VP & Director

    • Tenure: 21.8yrs
  • David Jordan

    Vice Chairman & Secretary

    • Tenure: 3.2yrs
  • Curt Kemmerer

    VP, Assistant Corporate Secretary & Controller

    • Tenure: 3.5yrs
  • Rocco Del Vecchio

    President

    • Tenure: 3.2yrs
  • V. Smoker (64yo)

    Senior VP

    • Tenure: 3.2yrs

Board Members

  • John Berkheimer

    Director

    • Tenure: 0yrs
  • Keith Heard

    VP & Director

    • Tenure: 21.8yrs
  • Richard Hotchkiss (76yo)

    Chairman of the Board

    • Tenure: 22.8yrs
  • David Jordan

    Vice Chairman & Secretary

    • Tenure: 3.2yrs
  • Rocco Del Vecchio

    President

    • Tenure: 3.2yrs
  • Paul Oberbeck

    Director

    • Tenure: 3.2yrs
  • James Palmeri

    Director

    • Tenure: 3.2yrs
  • David Vilcek

    Director

    • Tenure: 0.2yrs

Company Information

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


Key Information

  • Name: MNB Corporation
  • Ticker: MNBC
  • Exchange: OTCPK
  • Founded: 1890
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$37.011m
  • Shares outstanding: 1.10m
  • Website: https://www.merchantsbangor.com

Location

  • MNB Corporation
  • 25 Broadway
  • PO Box 227
  • Bangor
  • Pennsylvania
  • 18013
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MNBCOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1991

Biography

MNB Corporation operates as the holding company for Merchants National Bank of Bangor (bank), which provides various banking products and services primarily to individuals and businesses in the Bangor area ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 23:39
End of Day Share Price2019/10/18 00:00
EarningsN/A
Annual EarningsN/A


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.