NIDB Stock Overview
Northeast Indiana Bancorp, Inc. operates as the bank holding company for First Federal Savings Bank that provides various banking and financial advisory services.
Northeast Indiana Bancorp Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$44.40|
|52 Week High||US$47.99|
|52 Week Low||US$41.00|
|1 Month Change||-0.22%|
|3 Month Change||-3.58%|
|1 Year Change||-1.88%|
|3 Year Change||21.64%|
|5 Year Change||34.34%|
|Change since IPO||367.17%|
Recent News & Updates
|NIDB||US Mortgage||US Market|
Return vs Industry: NIDB exceeded the US Mortgage industry which returned -41.3% over the past year.
Return vs Market: NIDB exceeded the US Market which returned -20.8% over the past year.
|NIDB Average Weekly Movement||n/a|
|Mortgage Industry Average Movement||3.7%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||16.5%|
|10% least volatile stocks in US Market||3.0%|
Stable Share Price: Insufficient data to determine NIDB's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine NIDB's volatility change over the past year.
About the Company
Northeast Indiana Bancorp, Inc. operates as the bank holding company for First Federal Savings Bank that provides various banking and financial advisory services. The company offers various personal products, including checking accounts, savings accounts, retirement accounts, health savings accounts, and direct deposits, as well as certificates of deposit. Its loan portfolio comprises mortgage loans, such as home purchases, refinances, new construction loans, and home equity/home improvement loans; installment loans consisting of auto loans, personal loans, short term notes, and savings account loans, as well as RV, ATV, and boat loans; and commercial loans, including lines of credit, letters of credit, equipment financing, and construction loans, as well as revolving line of credit, term loans, real estate loans, and small business administration loans.
Northeast Indiana Bancorp Fundamentals Summary
|NIDB fundamental statistics|
Is NIDB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NIDB income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||6.00|
|Net Profit Margin||38.26%|
How did NIDB perform over the long term?See historical performance and comparison
5.5%Current Dividend Yield
Is Northeast Indiana Bancorp undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NIDB ($44.4) is trading below our estimate of fair value ($75.9)
Significantly Below Fair Value: NIDB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NIDB is good value based on its Price-To-Earnings Ratio (7.4x) compared to the US Mortgage industry average (11.4x).
PE vs Market: NIDB is good value based on its Price-To-Earnings Ratio (7.4x) compared to the US market (14.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NIDB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NIDB is overvalued based on its Price-To-Book Ratio (1.1x) compared to the US Mortgage industry average (0.9x).
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How is Northeast Indiana Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Northeast Indiana 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.
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- Examine whether Northeast Indiana Bancorp is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- 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 Northeast Indiana Bancorp's filings and announcements here.
How has Northeast Indiana Bancorp performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NIDB has high quality earnings.
Growing Profit Margin: NIDB's current net profit margins (38.3%) are higher than last year (34.5%).
Past Earnings Growth Analysis
Earnings Trend: NIDB's earnings have grown by 15% per year over the past 5 years.
Accelerating Growth: NIDB's earnings growth over the past year (37.3%) exceeds its 5-year average (15% per year).
Earnings vs Industry: NIDB earnings growth over the past year (37.3%) exceeded the Mortgage industry 7.1%.
Return on Equity
High ROE: NIDB's Return on Equity (14.6%) is considered low.
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How is Northeast Indiana Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: NIDB's Assets to Equity ratio (8.4x) is low.
Allowance for Bad Loans: NIDB has a sufficient allowance for bad loans (142%).
Low Risk Liabilities: 89% of NIDB's liabilities are made up of primarily low risk sources of funding.
Loan Level: NIDB has an appropriate level of Loans to Assets ratio (67%).
Low Risk Deposits: NIDB's Loans to Deposits ratio (85%) is appropriate.
Level of Bad Loans: NIDB has an appropriate level of bad loans (1%).
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What is Northeast Indiana Bancorp current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NIDB's dividend (5.52%) is higher than the bottom 25% of dividend payers in the US market (1.64%).
High Dividend: NIDB's dividend (5.52%) is in the top 25% of dividend payers in the US market (4.35%)
Stability and Growth of Payments
Stable Dividend: NIDB's dividends per share have been stable in the past 10 years.
Growing Dividend: NIDB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.6%), NIDB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Zahn (52 yo)
Mr. Michael S. Zahn, also known as Mike, is President and CEO at First Federal Savings Bank. He began his career with First Federal Savings Bank in 1996. He became a Senior Vice President and was elected t...
Experienced Management: NIDB's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Experienced Board: NIDB's board of directors are seasoned and experienced ( 20.9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Northeast Indiana Bancorp, Inc.'s employee growth, exchange listings and data sources
- Name: Northeast Indiana Bancorp, Inc.
- Ticker: NIDB
- Exchange: OTCPK
- Founded: 1995
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Implied Market Cap: US$53.508m
- Shares outstanding: 1.21m
- Website: https://nidb.q4ir.com
- Northeast Indiana Bancorp, Inc.
- 648 North Jefferson Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/19 00:00|
|End of Day Share Price||2022/06/17 00:00|
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.