OTCPK:MNMB

Stock Analysis Report

Merchants & Marine Bancorp

Executive Summary

Merchants & Marine Bancorp, Inc. operates as the bank holding company for Merchants & Marine Bank that provides various banking services to individuals, partnerships, corporations, and governmental agencies primarily in Jackson and George Counties, Mississippi.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

MNMB

2.9%

US Banks

5.3%

US Market


1 Year Return

-0.7%

MNMB

-27.8%

US Banks

-10.7%

US Market

Return vs Industry: MNMB exceeded the US Banks industry which returned -27.8% over the past year.

Return vs Market: MNMB exceeded the US Market which returned -10.7% over the past year.


Shareholder returns

MNMBIndustryMarket
7 Day0%2.9%5.3%
30 Day-7.6%-26.3%-13.6%
90 Day-7.2%-39.3%-19.8%
1 Year3.1%-0.7%-25.6%-27.8%-8.9%-10.7%
3 Year18.0%5.6%-17.1%-23.1%15.5%8.0%
5 Yearn/a10.9%-1.7%35.2%20.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Merchants & Marine Bancorp undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Merchants & Marine Bancorp is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Merchants & Marine Bancorp 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 MNMB’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 Merchants & Marine Bancorp regulatory filings here.
  • Explore potentially undervalued companies in the Banks industry.

Future Growth

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

-1.2%

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 Merchants & Marine 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

  • Take a look at our analysis of MNMB’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 Merchants & Marine Bancorp's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has Merchants & Marine Bancorp performed over the past 5 years?

16.3%

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, Merchants & Marine Bancorp 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

Financial Health

How is Merchants & Marine Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Merchants & Marine Bancorp'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. Merchants & Marine Bancorp 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

  • Take a look at our analysis of MNMB’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.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. 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.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Merchants & Marine Bancorp's financial data was last updated here.
  • Explore more healthy companies in the Banks industry.

Dividend

What is Merchants & Marine Bancorp's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if MNMB'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 MNMB'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?

9.6yrs

Average management tenure


CEO

Clayton Legear (34yo)

no data

Tenure

Mr. Clayton Legear serves as the President and Chief Executive Officer of Merchants & Marine Bank (the "Bank"). He is the Chief Executive Officer, President and Chief Operating Officer of Merchants & Marin ...


Leadership Team

NamePositionTenureCompensationOwnership
Clarence Fox
Chief Operating Officer10yrsUS$205.02kno data
Clayton Legear
President & CEOno datano datano data
Martin Regan
Senior Vice President of Operations9.58yrsno datano data
Kristi Burge
Senior Vice President & Senior Administrative Officer of Merchants & Marine Bank4yrsno datano data
Jackie Skelton
Secretaryno datano datano data
Nicole Jacobs
Executive Officer of Merchants & Marine Bankno datano datano data

9.6yrs

Average Tenure

64yo

Average Age

Experienced Management: MNMB's management team is seasoned and experienced (9.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Van Antwerp
Independent Director12.25yrsUS$23.60k2.62% $1.3m
Paul Moore
Independent Director12.25yrsUS$23.60k2.8% $1.4m
Scott Lemon
Independent Director11yrsUS$23.85k0.040% $19.7k
Julius Willis
Independent Director12.25yrsUS$23.85k0.83% $407.9k
Diann Payne
Independent Director11yrsUS$23.85k0.20% $98.3k
L. Cumbest
Chairman12.25yrsUS$619.00k1.6% $786.3k
Frank Hammond
Independent Director12.25yrsUS$22.10k0.17% $83.5k
Henry Torjusen
Director and Director of Merchants & Marine Bankno datano data0.83% $407.9k
Alan Sudduth
Directorno datano datano data
Amy St. Pé
Directorno datano datano data

12.3yrs

Average Tenure

66yo

Average Age

Experienced Board: MNMB's board of directors are seasoned and experienced ( 12.3 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: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Merchants & Marine Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Merchants & Marine Bancorp, Inc.
  • Ticker: MNMB
  • Exchange: OTCPK
  • Founded: 1932
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$49.144m
  • Shares outstanding: 1.33m
  • Website: https://www.mandmbank.com

Number of Employees


Location

  • Merchants & Marine Bancorp, Inc.
  • 3118 Pascagoula Street
  • Pascagoula
  • Mississippi
  • 39567
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MNMBOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 2012

Biography

Merchants & Marine Bancorp, Inc. operates as the bank holding company for Merchants & Marine Bank that provides various banking services to individuals, partnerships, corporations, and governmental agencies primarily in Jackson and George Counties, Mississippi. Its deposit products include checking accounts, savings accounts, individual retirement accounts, and certificates of deposit. The company’s loan portfolio comprises personal, commercial, and mortgage loans; and commercial real estate, residential real estate, and construction and development loans. It also offers various other services, such as the direct deposit of government checks, the sale of traveler’s checks, night deposit boxes, drive-up and remote teller facilities, automated teller machines, and safe deposit boxes. As of December 31, 2010, the company operated a main office and 10 branches located within or surrounding the cities of Pascagoula, Moss Point, Gautier, Ocean Springs, and Lucedale. The company was founded in 1932 and is based in Pascagoula, Mississippi. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/01 05:15
End of Day Share Price2020/03/20 00:00
Earnings2012/03/31
Annual Earnings2011/12/31


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.