OTCPK:NUBC

Stock Analysis Report

Northumberland Bancorp

Executive Summary

Northumberland Bancorp operates as a bank holding company for The Northumberland National Bank that provides various banking and financial services for personal and commercial customers.

Snowflake

Fundamentals

Flawless balance sheet and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

NUBC

1.7%

US Banks

1.3%

US Market


1 Year Return

6.0%

NUBC

0.3%

US Banks

5.9%

US Market

Return vs Industry: NUBC exceeded the US Banks industry which returned 0.3% over the past year.

Return vs Market: NUBC matched the US Market which returned 5.9% over the past year.


Shareholder returns

NUBCIndustryMarket
7 Day0%1.7%1.3%
30 Day1.0%-2.4%-1.9%
90 Day3.2%1.0%-1.8%
1 Year8.4%6.0%3.2%0.3%8.3%5.9%
3 Year39.4%30.4%52.1%41.7%45.6%36.2%
5 Year35.9%20.8%69.8%51.4%66.1%47.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Northumberland Bancorp undervalued compared to its fair value and its price relative to the market?

14.86x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: NUBC ($36.85) is trading above our estimate of fair value ($21.32)

Significantly Undervalued: NUBC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: NUBC is poor value based on its PE Ratio (14.9x) compared to the Banks industry average (12.5x).

PE vs Market: NUBC is good value based on its PE Ratio (14.9x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NUBC is good value based on its PB Ratio (0.9x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

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

13.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NUBC's forecast earnings growth (13.4% per year) is above the savings rate (2.7%).

Earnings vs Market: NUBC's earnings (13.4% per year) are forecast to grow slower than the US market (14.4% per year).

High Growth Earnings: NUBC's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if NUBC's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if NUBC's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if NUBC's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Northumberland Bancorp performed over the past 5 years?

-7.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: NUBC's earnings have declined by -7.2% per year over the past 5 years.

Accelerating Growth: NUBC's earnings growth over the past year (54%) exceeds its 5-year average (-7.2% per year).

Earnings vs Industry: NUBC earnings growth over the past year (54%) exceeded the Banks industry 31.8%.


Return on Equity

High ROE: NUBC's Return on Equity (6%) is considered low.


Return on Assets

ROA vs Industry: NUBC's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate NUBC's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Northumberland 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

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

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


Financial Institutions Analysis

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

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

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

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

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

Level of Bad Loans: NUBC has an appropriate level of bad loans (0.44%)


Next Steps

Dividend

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

1.98%

Current Dividend Yield


Dividend Yield vs Market

company2.0%marketbottom25%1.5%markettop25%3.8%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: NUBC's dividend (1.98%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: NUBC's dividend (1.98%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: Whilst dividend payments have been stable, NUBC has been paying a dividend for less than 10 years.

Growing Dividend: NUBC's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.4%), NUBC'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 Northumberland Bancorp's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average management tenure


CEO

Don Steele 0

23.5yrs

Tenure

0

Mr. J. Donald Steele Jr., also known as Don, serves as President of Northumberland National Bank and Northumberland Bancorp. Mr. Steele is Chief Executive Officer of Northumberland Bancorp. since April, 19 ...


Management Age and Tenure

2.8yrs

Average Tenure

Experienced Management: NUBC's management team is considered experienced (2.8 years average tenure).


Board Age and Tenure

2.8yrs

Average Tenure

Experienced Board: NUBC's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Mark Ritter (59yo)

    Executive Vice President of Wealth Management - Northumberland National Bank

    • Tenure: 2.9yrs
  • Don Steele

    Chairman & President

    • Tenure: 23.5yrs
  • J. Troxell

    Executive VP & COO

    • Tenure: 2.8yrs
  • Jerry Bolig

    Vice President of Finance - Northumberland National Bank

    • Tenure: 0yrs
  • Lisa Hassinger

    Senior Vice President of Compliance/Risk Management - The Northumberland National Bank

    • Tenure: 1.8yrs

Board Members

  • Amanda Kessler

    Director and Director of Northumberland National Bank

    • Tenure: 0yrs
  • Timothy Apple

    Director

    • Tenure: 14.8yrs
  • Willard Bowen

    Lead Director

    • Tenure: 0yrs
  • Anthony Markunas

    Director and Director of Northumberland National Bank

    • Tenure: 0yrs
  • William Roll

    Director and Director of Northumberland National Bank

    • Tenure: 0yrs
  • Don Steele

    Chairman & President

    • Tenure: 23.5yrs
  • Chad Geise

    Director

    • Tenure: 2.8yrs
  • Adam Purdy

    Director

    • Tenure: 2.8yrs

Company Information

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


Key Information

  • Name: Northumberland Bancorp
  • Ticker: NUBC
  • Exchange: OTCPK
  • Founded: 1997
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$50.890m
  • Shares outstanding: 1.38m
  • Website: https://www.norrybank.com

Location

  • Northumberland Bancorp
  • 245 Front Street
  • PO Box 271
  • Northumberland
  • Pennsylvania
  • 17857
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NUBCOTCPK (Pink Sheets LLC)YesShare CapitalUSUSDOct 1990

Biography

Northumberland Bancorp operates as a bank holding company for The Northumberland National Bank that provides various banking and financial services for personal and commercial customers. It offers checking ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:37
End of Day Share Price2019/10/10 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.