OTCPK:NODB

Stock Analysis Report

North Dallas Bank & Trust

Executive Summary

North Dallas Bank & Trust Co. provides various personal and business banking products and services in Texas.

Rewards

PE ratio (16.4x) is below the US market (18.4x)

Earnings grew by 38.2% over the past year

Pays a reliable dividend of 1.92%

Risk Analysis

Latest financial reports are more than 6 months old



Snowflake Analysis

Flawless balance sheet with solid track record and pays a dividend.


Similar Companies

Share Price & News

How has North Dallas Bank & Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-2.4%

NODB

2.7%

US Banks

1.1%

US Market


1 Year Return

-12.3%

NODB

22.7%

US Banks

17.8%

US Market

Return vs Industry: NODB underperformed the US Banks industry which returned 22.7% over the past year.

Return vs Market: NODB underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

NODBIndustryMarket
7 Day-2.4%2.7%1.1%
30 Day-3.8%0.9%1.4%
90 Day-3.1%10.0%3.9%
1 Year-10.7%-12.3%26.3%22.7%20.3%17.8%
3 Year24.0%11.5%31.8%22.6%44.8%35.4%
5 Year49.2%31.2%80.2%60.2%71.3%52.4%

Price Volatility Vs. Market

How volatile is North Dallas Bank & Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is North Dallas Bank & Trust undervalued compared to its fair value and its price relative to the market?

16.4x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NODB ($78.05) is trading above our estimate of fair value ($30.6)

Significantly Below Fair Value: NODB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: NODB is poor value based on its PE Ratio (16.4x) compared to the Banks industry average (12.7x).

PE vs Market: NODB is good value based on its PE Ratio (16.4x) compared to the US market (18.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NODB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NODB is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is North Dallas Bank & Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.5%

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 North Dallas Bank & Trust 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

Past Performance

How has North Dallas Bank & Trust performed over the past 5 years?

16.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NODB has high quality earnings.

Growing Profit Margin: NODB's current net profit margins (30.7%) are higher than last year (24.5%).


Past Earnings Growth Analysis

Earnings Trend: NODB's earnings have grown by 16.3% per year over the past 5 years.

Accelerating Growth: NODB's earnings growth over the past year (38.2%) exceeds its 5-year average (16.3% per year).

Earnings vs Industry: NODB earnings growth over the past year (38.2%) exceeded the Banks industry 27.1%.


Return on Equity

High ROE: NODB's Return on Equity (8.1%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is North Dallas Bank & Trust'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

Inventory Level: NODB has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if NODB's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: NODB's level of assets compared to its equity is low.

Allowance for Bad Loans: NODB has a sufficient allowance for bad loans.

Low Risk Liabilities: NODB's liabilities are made up of primarily low risk sources of funding.

Loan Level: NODB has an acceptable proportion of non-loan assets held.

Low Risk Deposits: NODB's loans are broadly funded by customer deposits.

Level of Bad Loans: NODB has an appropriate level of bad loans (0.01%)


Next Steps

Dividend

What is North Dallas Bank & Trust's current dividend yield, its reliability and sustainability?

1.92%

Current Dividend Yield


Dividend Yield vs Market

company1.9%marketbottom25%1.4%markettop25%3.7%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: NODB's dividend (1.92%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: NODB's dividend (1.92%) is low compared to the top 25% of dividend payers in the US market (3.67%).


Stability and Growth of Payments

Stable Dividend: NODB's dividends per share have been stable in the past 10 years.

Growing Dividend: NODB's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16.6%), NODB'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 and that it will be covered by earnings.


Next Steps

Management

What is the CEO of North Dallas Bank & Trust's salary, the management and board of directors tenure and is there insider trading?

10.8yrs

Average management tenure


CEO

Mike Shipman 0

18.2yrs

Tenure

0

Mr. W. Michael Shipman, also known as Mike, has been Chairman and Chief Executive Officer of North Dallas Bank & Trust Co. since October 2001. Mr. Shipman served as President of North Dallas Bank & Trust C ...


Management Age and Tenure

10.8yrs

Average Tenure

Experienced Management: NODB's management team is seasoned and experienced (10.8 years average tenure).


Board Age and Tenure

8.8yrs

Average Tenure

Experienced Board: NODB's board of directors are considered experienced (8.8 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

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Mike Shipman

    Chairman & CEO

    • Tenure: 18.2yrs
  • Allen Hudson

    President of Dallas Banking Center

    • Tenure: 14.3yrs
  • Michael Howell

    President of Las Colinas Banking Center

    • Tenure: 0yrs
  • Donald Ashley

    Senior VP & Manager of Mortgage Division

    • Tenure: 12.8yrs
  • Daniel Cahill

    VP & Director of Marketing

    • Tenure: 0yrs
  • Larry Miller

    President & Director

    • Tenure: 8.7yrs
  • Ron Williams

    Executive VP & Chief Information Officer

    • Tenure: 0yrs
  • Glenn Henry

    Executive VP & CFO

    • Tenure: 1.4yrs
  • Brandi Shiflett

    Executive VP & Senior Operations Officer

    • Tenure: 1.4yrs
  • Ryan Swor

    Investment Officer

    • Tenure: 0yrs

Board Members

  • Mike Shipman

    Chairman & CEO

    • Tenure: 18.2yrs
  • Larry Nobles

    Director

    • Tenure: 8.8yrs
  • Jay Turner

    Director

    • Tenure: 12.6yrs
  • Larry Miller

    President & Director

    • Tenure: 8.7yrs
  • Michael Haggerty (66yo)

    Director

    • Tenure: 10.5yrs
  • Larry Byrd

    Director

    • Tenure: 0yrs
  • John Mahar

    Director

    • Tenure: 0yrs
  • Brannon Marlowe

    Director

    • Tenure: 3.9yrs
  • Tom Koons

    Director

    • Tenure: 3.3yrs

Company Information

North Dallas Bank & Trust Co.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: North Dallas Bank & Trust Co.
  • Ticker: NODB
  • Exchange: OTCPK
  • Founded: 1961
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$200.510m
  • Shares outstanding: 2.57m
  • Website: https://www.ndbt.com

Number of Employees


Location

  • North Dallas Bank & Trust Co.
  • 12900 Preston Road
  • Dallas
  • Texas
  • 75230
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NODBOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 1995

Biography

North Dallas Bank & Trust Co. provides various personal and business banking products and services in Texas. The company offers checking and savings accounts; certificate of deposits and individual retirem ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/11 23:42
End of Day Share Price2019/12/09 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.