OTCPK:MSBC

Stock Analysis Report

Executive Summary

Mission Bancorp operates as the bank holding company for Mission Bank that provides various banking products and services to individual and corporate clients in California.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Risks

  • Mission Bancorp is not covered by any analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:MSBC

2.4%

US Banks

2.9%

US Market


1 Year Return

18.9%

OTCPK:MSBC

-14.8%

US Banks

0.2%

US Market

MSBC outperformed the Banks industry which returned -15.3% over the past year.

MSBC outperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

MSBCIndustryMarket
7 Day0%2.4%2.9%
30 Day0.3%-6.3%-2.3%
90 Day1.1%-2.1%3.1%
1 Year18.9%18.9%-12.4%-14.8%2.4%0.2%
3 Year174.0%174.0%41.7%32.0%41.7%32.4%
5 Year272.4%272.4%52.2%35.7%55.1%37.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

12.63x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Mission Bancorp is overvalued based on earnings compared to the US Banks industry average.

Mission Bancorp 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 Mission Bancorp, we can't assess if its growth is good value.


Price Based on Value of Assets

Mission Bancorp is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Mission Bancorp 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 Mission Bancorp is high growth as no revenue estimate data is available.

Mission Bancorp's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

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

Mission Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Mission Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Mission Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Mission Bancorp performed over the past 5 years?

32.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Mission Bancorp has delivered over 20% year on year earnings growth in the past 5 years.

Mission Bancorp's 1-year earnings growth exceeds its 5-year average (46% vs 32.1%)

Mission Bancorp's earnings growth has exceeded the US Banks industry average in the past year (46% vs 33.2%).


Return on Equity

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


Return on Assets

Mission Bancorp 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 Mission Bancorp 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 Mission Bancorp'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

Mission Bancorp has an acceptable proportion of non-loan assets held.

Mission Bancorp has a sufficient allowance for bad loans.

Mission Bancorp's liabilities are made up of primarily low risk sources of funding.

Mission Bancorp's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Mission Bancorp are broadly funded by customer deposits.

Mission Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Mission Bancorp's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Mission Bancorp's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Mission Bancorp has not reported any payouts.

Unable to verify if Mission Bancorp's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Mission Bancorp has not reported any payouts.


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 Mission Bancorp's salary, the management and board of directors tenure and is there insider trading?

14.6yrs

Average board tenure


CEO

Andrew Antongiovanni (40yo)

0.0yrs

Tenure

0

Mr. A. J. Antongiovanni has been the Chief Executive Officer of Mission Bank since June 21, 2013 and serves as its President and Director. Mr. Antongiovanni serves as the Chief Executive Officer, President ...


Board Age and Tenure

14.6yrs

Average Tenure

62yo

Average Age

The average tenure for the Mission Bancorp 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

  • Sheldon Clifford Ralph (47yo)

    Secretary & Chief Administrative Officer

    • Tenure: 0.0yrs
  • Jason Castle (42yo)

    CFO & Assistant Secretary

    • Tenure: 2.6yrs
  • Andrew Antongiovanni (40yo)

    President

    • Tenure: 0.0yrs
  • Rob Hallum

    • Tenure: 0.0yrs
  • Stuart Annable

    • Tenure: 0.0yrs
  • Carmen Roberts

    • Tenure: 0.0yrs
  • Mike Congdon (53yo)

    Chief Credit Officer & Assistant Secretary

    • Tenure: 0.0yrs
  • Samy Abiaoui

    • Tenure: 0.0yrs

Board Members

  • Bruce Beretta (65yo)

    Chairman of the Board

    • Tenure: 0.0yrs
  • Curtis Floyd (56yo)

    Director

    • Tenure: 17.6yrs
  • Paramjit Dosanjh (62yo)

    Director

    • Tenure: 17.6yrs
  • Arnold Cattani (71yo)

    Chairman Emeritus

    • Tenure: 1.6yrs
  • Mary Wilson (68yo)

    Director

    • Tenure: 17.6yrs
  • John Bidart (43yo)

    Vice Chairman

    • Tenure: 0.0yrs
  • Andrew Antongiovanni (40yo)

    President

    • Tenure: 0.0yrs
  • Donice Boylan (73yo)

    Director

    • Tenure: 14.6yrs
  • J. Batey (56yo)

    Director

    • Tenure: 6.6yrs

Company Information

Mission Bancorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mission Bancorp
  • Ticker: MSBC
  • Exchange: OTCPK
  • Founded: 1998
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$161.140m
  • Shares outstanding: 1.90m
  • Website: https://www.missionbank.com

Location

  • Mission Bancorp
  • 1330 Truxtun Avenue
  • Bakersfield
  • California
  • 93301
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MSBCOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1999

Biography

Mission Bancorp operates as the bank holding company for Mission Bank that provides various banking products and services to individual and corporate clients in California. It offers various checking and s ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 23:48
End of Day Share Price2019/08/12 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.