OTCPK:NUBK

Stock Analysis Report

Executive Summary

Kinderhook Bank Corp. operates as the bank holding company for The National Union Bank of Kinderhook that provides various banking products and services in New York.

Snowflake

Fundamentals

Excellent balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Kinderhook Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

NUBK

2.7%

US Banks

0.4%

US Market


1 Year Return

71.9%

NUBK

2.7%

US Banks

6.9%

US Market


Shareholder returns

NUBKIndustryMarket
7 Day0%2.7%0.4%
30 Day0.3%0.2%-1.2%
90 Day0.6%2.9%-0.4%
1 Year76.5%71.9%5.7%2.7%9.3%6.9%
3 Year88.3%74.1%52.1%41.6%45.8%36.4%
5 Year136.2%106.3%69.2%50.7%62.9%45.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Kinderhook Bank undervalued compared to its fair value and its price relative to the market?

15.17x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: NUBK ($61.9) is trading above our estimate of fair value ($33.27)

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


Price To Earnings Ratio

PE vs Industry: NUBK is poor value based on its PE Ratio (15.2x) compared to the Banks industry average (12.6x).

PE vs Market: NUBK is good value based on its PE Ratio (15.2x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

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


Next Steps

Future Growth

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

8.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NUBK's forecast earnings growth (8% per year) is above the savings rate (2.7%).

Earnings vs Market: NUBK's earnings (8% per year) are forecast to grow slower than the US market (14.5% per year).

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

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Kinderhook Bank performed over the past 5 years?

13.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: NUBK's earnings have grown by 13.3% per year over the past 5 years.

Accelerating Growth: NUBK's earnings growth over the past year (294.2%) exceeds its 5-year average (13.3% per year).

Earnings vs Industry: NUBK earnings growth over the past year (294.2%) exceeded the Banks industry 29.6%.


Return on Equity

High ROE: NUBK's Return on Equity (9.6%) is considered low.


Return on Assets

ROA vs Industry: NUBK'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 NUBK's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Kinderhook Bank'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

Asset Level: NUBK's level of assets compared to its equity is moderate.

Allowance for Bad Loans: NUBK has a low allowance for bad loans.

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

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

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

Level of Bad Loans: NUBK has an appropriate level of bad loans (1.56%)


Next Steps

Dividend

What is Kinderhook Bank's current dividend yield, its reliability and sustainability?

1.57%

Current Dividend Yield


Dividend Yield vs Market

company1.6%marketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: NUBK's dividend (1.57%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: NUBK's dividend (1.57%) is low compared to the top 25% of dividend payers in the US market (3.73%).

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.8%), NUBK'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 Kinderhook Bank's salary, the management and board of directors tenure and is there insider trading?

5.8yrs

Average management tenure


CEO

John Balli (56yo)

5.8yrs

Tenure

0

Mr. John A. Balli served as President and Chief Executive Officer at National Union Bank of Kinderhook (“NUB”) and Kinderhook Bank Corp. (“KBC”). Prior to that, he has served as Chief Financial Officer at  ...


Management Age and Tenure

5.8yrs

Average Tenure

Experienced Management: NUBK's management team is seasoned and experienced (5.8 years average tenure).


Board Age and Tenure

12.2yrs

Average Tenure

58.5yo

Average Age

Experienced Board: NUBK's board of directors are seasoned and experienced ( 12.2 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.


Management Team

  • George Cooper

    Senior Vice President of National Union Bank of Kinderhook

    • Tenure: 1.5yrs
  • Tom Signor (51yo)

    Executive VP & COO

    • Tenure: 4yrs
  • Josie Phillips

    Vice President of Human Resources - Kinderhook Bank and Corporate Secretary of Kinderhook Bank

    • Tenure: 0yrs
  • John Balli (56yo)

    President & CEO

    • Tenure: 5.8yrs
  • Frank J.Trosset

    Vice President of Commercial Lending & Commercial Loan Officer of Kinderhook Bank

    • Tenure: 0yrs
  • Allyson Webster

    VP & Compliance Officer of Kinderhook Bank

    • Tenure: 0yrs
  • Ann Finnegan

    Vice President of Commercial Lending & Development Finance - Kinderhook Bank

    • Tenure: 8.3yrs
  • Dori McDannold

    Vice President Marketing

    • Tenure: 0yrs
  • Lee Carman

    Senior Vice President of Lending - Kinderhook Bank

    • Tenure: 6.4yrs
  • Caitlin McCrea

    Interim Chief Financial Officer

    • Tenure: 0yrs

Board Members

  • Scott Shallo (51yo)

    Chairman of the Board

    • Tenure: 2.9yrs
  • Bob Sherwood (67yo)

    Director

    • Tenure: 0yrs
  • Brian Kelly (65yo)

    Director

    • Tenure: 24.5yrs
  • John Balli (56yo)

    President & CEO

    • Tenure: 5.8yrs
  • Mary Barford (62yo)

    Director

    • Tenure: 0yrs
  • Anthony Maney (53yo)

    Director

    • Tenure: 13.3yrs
  • James Monahan (55yo)

    Director

    • Tenure: 17.5yrs
  • David Ginsberg (72yo)

    Director

    • Tenure: 16.5yrs
  • Brian Hart (61yo)

    Director

    • Tenure: 11.1yrs
  • Jennifer Harvey (53yo)

    Director

    • Tenure: 5.2yrs

Company Information

Kinderhook Bank Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kinderhook Bank Corp.
  • Ticker: NUBK
  • Exchange: OTCPK
  • Founded: 1853
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$93.018m
  • Shares outstanding: 1.50m
  • Website: https://www.nubk.com

Location

  • Kinderhook Bank Corp.
  • 1 Hudson Street
  • Kinderhook
  • New York
  • 12106
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NUBKOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1975

Biography

Kinderhook Bank Corp. operates as the bank holding company for The National Union Bank of Kinderhook that provides various banking products and services in New York. The company offers checking, savings, a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/15 23:40
End of Day Share Price2019/07/05 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.