OTCPK:MSLX.P

Stock Analysis Report

Executive Summary

MidSouth Bancorp, Inc., a bank holding company, through its subsidiary MidSouth Bank, N.A., provides various community banking products and services to commercial and retail customers in the United States.

Snowflake

Fundamentals

Adequate balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has MidSouth 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:MSLX.P

3.3%

US Banks

2.1%

US Market


1 Year Return

n/a

OTCPK:MSLX.P

-13.8%

US Banks

-0.04%

US Market

No trading data on MSLX.P.

No trading data on MSLX.P.


Share holder returns

MSLX.PIndustryMarket
7 Day0%3.3%2.1%
30 Day0%-7.0%-3.2%
90 Day0%-2.3%2.8%
1 Yearn/a-11.3%-13.8%2.2%-0.04%
3 Yearn/a42.5%32.7%41.5%32.3%
5 Year-5.0%-5.0%54.2%37.6%55.0%37.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

1.06x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for MidSouth Bancorp to establish if it is available at moderate discount.

Unable to calculate intrinsic value for MidSouth Bancorp to establish if it is available at substantial discount.


Price Based on Earnings

MidSouth Bancorp is loss making, we can't compare its value to the US Banks industry average.

MidSouth Bancorp is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for MidSouth Bancorp, we can't assess if its growth is good value.


Price Based on Value of Assets

MidSouth Bancorp is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is MidSouth Bancorp expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

133.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

MidSouth Bancorp's revenue is expected to grow by 7.3% yearly, however this is not considered high growth (20% yearly).

MidSouth Bancorp's earnings are expected to grow significantly at over 20% yearly.

MidSouth Bancorp's revenue growth is expected to exceed the United States of America market average.

MidSouth Bancorp's earnings growth is expected to exceed the United States of America market average.

MidSouth Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

MidSouth Bancorp is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has MidSouth Bancorp performed over the past 5 years?

-65.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

MidSouth Bancorp does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare MidSouth Bancorp's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare MidSouth Bancorp's 1-year growth to the US Banks industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if MidSouth Bancorp has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if MidSouth Bancorp has efficiently used its assets last year compared to the US Banks industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if MidSouth Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is MidSouth 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

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

MidSouth Bancorp has a low allowance for bad loans.

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

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

Loans at MidSouth Bancorp are broadly funded by customer deposits.

MidSouth Bancorp has a high level of bad loans (greater than 2%).


Next Steps

Dividend

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

0.35%

Expected Dividend Yield


Dividend Yield and Payments Analysis

MidSouth Bancorp's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

MidSouth Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).

MidSouth Bancorp is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.

MidSouth Bancorp is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of MidSouth Bancorp's dividends as it is not paying a notable one for United States of America.


Future Payout to Shareholders

No need to calculate the sustainability of MidSouth Bancorp's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

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

1.9yrs

Average management tenure


CEO

Jim McLemore (59yo)

2.0yrs

Tenure

US$333,713

Compensation

Mr. James R. McLemore, Jr., also known as Jim, CFA, has been Chief Executive Officer and President of Midsouth BanCorp, Inc. and MidSouth Bank, N.A. since May 24, 2017. Mr. McLemore served as an Interim Ch ...


CEO Compensation Analysis

Jim's remuneration is lower than average for companies of similar size in United States of America.

Jim's compensation has increased whilst company is loss making.


Management Age and Tenure

1.9yrs

Average Tenure

54yo

Average Age

The average tenure for the MidSouth Bancorp management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.8yrs

Average Tenure

63yo

Average Age

The average tenure for the MidSouth Bancorp board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • Lorraine Miller (54yo)

    Executive VP

    • Tenure: 1.9yrs
    • Compensation: US$237.12k
  • Jim McLemore (59yo)

    President

    • Tenure: 2.0yrs
    • Compensation: US$333.71k
  • Jay Angelle

    Legal Counsel

    • Tenure: 0.0yrs
  • Glenda Montet

    Senior Vice President and Risk Officer

    • Tenure: 0.0yrs
  • Carolyn Lay (58yo)

    Chief Retail Officer

    • Tenure: 8.8yrs
  • Shaleen Pellerin

    Assistant VP & Investor Relations Officer

    • Tenure: 0.0yrs
  • Clay Abington (51yo)

    Executive Vice President of Corporate Efficiency

    • Tenure: 1.9yrs
  • Chris Mosteller (38yo)

    Executive VP & Chief Banking Officer

    • Tenure: 0.0yrs
  • John Davis (55yo)

    Executive VP & COO

    • Tenure: 0.7yrs
  • Dawn Bastarache (48yo)

    Executive Vice President of Corporate Development & Strategic Planning

    • Tenure: 0.8yrs

Board Members

  • Jim McLemore (59yo)

    President

    • Tenure: 2.0yrs
    • Compensation: US$333.71k
  • Milton Kidd (69yo)

    Director

    • Tenure: 23.3yrs
    • Compensation: US$29.00k
  • Pete Abington (81yo)

    Director

    • Tenure: 6.3yrs
    • Compensation: US$58.40k
  • Timothy Lemoine (67yo)

    Director

    • Tenure: 11.9yrs
    • Compensation: US$91.25k
  • Ryan Medo (41yo)

    Director

    • Tenure: 0.1yrs
  • James Davis (65yo)

    Lead Director

    • Tenure: 0.0yrs
    • Compensation: US$96.70k
  • Mike Kramer (60yo)

    Vice Chairman

    • Tenure: 0.4yrs
  • Bill Grant (69yo)

    Director

    • Tenure: 0.3yrs
  • Jake Delhomme (43yo)

    Chairman of the Board

    • Tenure: 2.3yrs
    • Compensation: US$51.40k
  • Andrew Hargroder (61yo)

    Director

    • Tenure: 1.8yrs
    • Compensation: US$24.85k

Company Information

MidSouth Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MidSouth Bancorp, Inc.
  • Ticker: MSLX.P
  • Exchange: OTCPK
  • Founded: 1984
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$191.879m
  • Shares outstanding: 16.71m
  • Website: https://www.midsouthbank.com

Number of Employees


Location

  • MidSouth Bancorp, Inc.
  • 102 Versailles Boulevard
  • Lafayette
  • Louisiana
  • 70501
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MSLNYSE (New York Stock Exchange)YesCommon StockUSUSDApr 1993
MSLX.POTCPK (Pink Sheets LLC)4% CNV PFD SR CUSUSDAug 2013

Biography

MidSouth Bancorp, Inc., a bank holding company, through its subsidiary MidSouth Bank, N.A., provides various community banking products and services to commercial and retail customers in the United States. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/04/11 02:07
End of Day Share Price2019/01/11 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.