OTCPK:NWBB

Stock Analysis Report

Executive Summary

New Bancorp, Inc. operates as the savings and loan holding company for New Buffalo Savings Bank that provides banking services in the United States.

Snowflake

Fundamentals

Adequate balance sheet with poor track record.

Risks

  • New Bancorp's last earnings update was 279 days ago.
  • New Bancorp is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.4%

OTCPK:NWBB

1.2%

US Mortgage

0.9%

US Market


1 Year Return

39.2%

OTCPK:NWBB

-0.3%

US Mortgage

0.3%

US Market

NWBB outperformed the Mortgage industry which returned -0.9% over the past year.

NWBB outperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

NWBBIndustryMarket
7 Day0.4%1.2%0.9%
30 Day0.4%-1.2%-1.9%
90 Day1.3%-0.5%1.6%
1 Year39.2%39.2%1.8%-0.3%2.6%0.3%
3 Year118.7%118.7%33.8%24.8%41.0%31.8%
5 Yearn/a59.0%42.3%55.2%38.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

46.04x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

New Bancorp is overvalued based on earnings compared to the US Mortgage industry average.

New Bancorp is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

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


Price Based on Value of Assets

New Bancorp is overvalued based on assets compared to the US Mortgage industry average.


Next Steps

Future Growth

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

9.3%

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 New 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.


Next Steps

  • Examine New Bancorp's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • 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 New Bancorp's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has New Bancorp performed over the past 5 years?

71.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

New Bancorp has delivered over 20% year on year earnings growth in the past 5 years.

New Bancorp's 1-year earnings growth is negative, it can't be compared to the 5-year average.

New Bancorp's 1-year earnings growth is negative, it can't be compared to the US Mortgage industry average.


Return on Equity

New Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

New Bancorp used its assets less efficiently than the US Mortgage industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if New Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is New 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

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

New Bancorp has a low allowance for bad loans.

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

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

Loans at New Bancorp are broadly funded by customer deposits.

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


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate New Bancorp's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate New Bancorp's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as New Bancorp has not reported any payouts.

Unable to verify if New Bancorp's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as New Bancorp has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

3.8yrs

Average board tenure


CEO

Dick Sauerman (59yo)

7.1yrs

Tenure

US$387,196

Compensation

Mr. Richard C. Sauerman has been the Chief Executive Officer and President of New Bancorp, Inc. since July 2012. Mr. Sauerman has been President of New Buffalo Savings Bank since joining in January 2012 an ...


CEO Compensation Analysis

Insufficient data for Dick to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.

Dick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Age and Tenure

3.8yrs

Average Tenure

58.5yo

Average Age

The tenure for the New Bancorp board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Dick Sauerman (59yo)

    President

    • Tenure: 7.1yrs
    • Compensation: US$387.20k
  • Ralph Sommerfeld (63yo)

    Corporate Secretary & Director

    • Tenure: 18.6yrs
    • Compensation: US$43.82k
  • Shawna Zawada

    Senior VP & CFO

    • Tenure: 3.0yrs
    • Compensation: US$132.80k

Board Members

  • Dale Parkison (56yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: US$42.27k
  • Bob Rose (58yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: US$42.62k
  • Jeff Vickers (53yo)

    Chairman of the Board

    • Tenure: 4.3yrs
    • Compensation: US$45.57k
  • Dick Sauerman (59yo)

    President

    • Tenure: 7.1yrs
    • Compensation: US$387.20k
  • Ralph Sommerfeld (63yo)

    Corporate Secretary & Director

    • Tenure: 18.6yrs
    • Compensation: US$43.82k
  • David Tedtman (61yo)

    Director of New Buffalo Savings Bank

    • Tenure: 3.3yrs

Company Information

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


Key Information

  • Name: New Bancorp, Inc.
  • Ticker: NWBB
  • Exchange: OTCPK
  • Founded: 1921
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$18.373m
  • Shares outstanding: 653.85k
  • Website: https://www.newbuffalosavings.com

Number of Employees


Location

  • New Bancorp, Inc.
  • 45 North Whittaker Street
  • New Buffalo
  • Michigan
  • 49117
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NWBBOTCPK (Pink Sheets LLC)YesCommon StockUSUSDOct 2015

Biography

New Bancorp, Inc. operates as the savings and loan holding company for New Buffalo Savings Bank that provides banking services in the United States. The company’s deposit products include non-interest-bear ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 01:08
End of Day Share Price2019/08/16 00:00
Earnings2018/09/30
Annual Earnings2017/12/31


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.