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OAKV

Oak View Bankshares OTCPK:OAKV Stock Report

Last Price

US$9.05

Market Cap

US$26.8m

7D

0%

1Y

3.4%

Updated

27 Sep, 2022

Data

Company Financials
OAKV fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

OAKV Stock Overview

Oak View Bankshares, Inc. operates as the bank holding company for Oak View National Bank that provides banking services for individual and corporate customers in the counties of Fauquier, Culpeper, and Rappahannock, Virginia.

Oak View Bankshares Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Oak View Bankshares
Historical stock prices
Current Share PriceUS$9.05
52 Week HighUS$10.05
52 Week LowUS$8.51
Beta0.29
1 Month Change-4.74%
3 Month Changen/a
1 Year Change3.43%
3 Year Change-4.74%
5 Year Change23.97%
Change since IPO126.25%

Recent News & Updates

Shareholder Returns

OAKVUS BanksUS Market
7D0%-8.2%-5.8%
1Y3.4%-24.8%-22.1%

Return vs Industry: OAKV exceeded the US Banks industry which returned -24.9% over the past year.

Return vs Market: OAKV exceeded the US Market which returned -23.7% over the past year.

Price Volatility

Is OAKV's price volatile compared to industry and market?
OAKV volatility
OAKV Average Weekly Movementn/a
Banks Industry Average Movement3.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: Insufficient data to determine OAKV's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine OAKV's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009n/aMike Ewinghttps://www.oakviewbank.com

Oak View Bankshares, Inc. operates as the bank holding company for Oak View National Bank that provides banking services for individual and corporate customers in the counties of Fauquier, Culpeper, and Rappahannock, Virginia. It offers checking, savings, money market, and retirement accounts; certificates of deposit; and CDARs. The company also provides commercial lending services, including small business administration loan programs, commercial lines of credit, commercial term loans, commercial real estate loans, and long-term loan programs; consumer loans; home equity loans; home equity lines of credit; home mortgages and refinances; church loans; and municipal leasing programs.

Oak View Bankshares Fundamentals Summary

How do Oak View Bankshares's earnings and revenue compare to its market cap?
OAKV fundamental statistics
Market CapUS$26.76m
Earnings (TTM)US$2.47m
Revenue (TTM)US$11.80m

10.8x

P/E Ratio

0.9x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OAKV income statement (TTM)
RevenueUS$11.80m
Cost of RevenueUS$0
Gross ProfitUS$11.80m
Other ExpensesUS$9.33m
EarningsUS$2.47m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.84
Gross Margin100.00%
Net Profit Margin20.93%
Debt/Equity Ratio52.0%

How did OAKV perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

6%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is OAKV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for OAKV?

Other financial metrics that can be useful for relative valuation.

OAKV key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does OAKV's PE Ratio compare to its peers?

OAKV PE Ratio vs Peers
The above table shows the PE ratio for OAKV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.4x
MNBP Mars Bancorp
15.8xn/aUS$25.8m
HCBN HCB Financial
11.4xn/aUS$27.0m
8.7xn/aUS$26.2m
FRFC First Robinson Financial
9.5xn/aUS$26.0m
OAKV Oak View Bankshares
10.8xn/aUS$26.8m

Price-To-Earnings vs Peers: OAKV is good value based on its Price-To-Earnings Ratio (10.8x) compared to the peer average (11.4x).


Price to Earnings Ratio vs Industry

How does OAKV's PE Ratio compare vs other companies in the US Banks Industry?

Price-To-Earnings vs Industry: OAKV is expensive based on its Price-To-Earnings Ratio (10.8x) compared to the US Banks industry average (9.6x)


Price to Earnings Ratio vs Fair Ratio

What is OAKV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OAKV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate OAKV's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of OAKV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: OAKV ($9.05) is trading below our estimate of fair value ($11.47)

Significantly Below Fair Value: OAKV is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Oak View Bankshares forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.6%

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 Oak View Bankshares 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.


Discover growth companies

  • Examine whether Oak View Bankshares 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 Oak View Bankshares's filings and announcements here.

Past Performance

How has Oak View Bankshares performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


22.5%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: OAKV has high quality earnings.

Growing Profit Margin: OAKV's current net profit margins (20.9%) are lower than last year (22.7%).


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if OAKV's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare OAKV's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: OAKV earnings growth over the past year (22.5%) exceeded the Banks industry 8.5%.


Return on Equity

High ROE: OAKV's Return on Equity (8.6%) is considered low.


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Financial Health

How is Oak View Bankshares's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

6/6

Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: OAKV's Assets to Equity ratio (12.1x) is moderate.

Allowance for Bad Loans: OAKV has a sufficient allowance for bad loans (89126%).

Low Risk Liabilities: 95% of OAKV's liabilities are made up of primarily low risk sources of funding.

Loan Level: OAKV has an appropriate level of Loans to Assets ratio (72%).

Low Risk Deposits: OAKV's Loans to Deposits ratio (83%) is appropriate.

Level of Bad Loans: OAKV has an appropriate level of bad loans (0%).


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Dividend

What is Oak View Bankshares's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.55%

Current Dividend Yield

Dividend Yield vs Market

Oak View Bankshares Dividend Yield vs Market
How does Oak View Bankshares dividend yield compare to the market?
SegmentDividend Yield
Company (Oak View Bankshares)0.6%
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Banks)3.4%
Analyst forecast in 3 Years (Oak View Bankshares)n/a

Notable Dividend: OAKV's dividend (0.55%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.67%).

High Dividend: OAKV's dividend (0.55%) is low compared to the top 25% of dividend payers in the US market (4.68%).


Stability and Growth of Payments

Stable Dividend: OAKV is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: OAKV is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Earnings Coverage: OAKV is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of OAKV's dividend in 3 years as they are not forecast to pay a notable one for the US market.


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Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Mike Ewing (63 yo)

13.25yrs

Tenure

US$255,049

Compensation

Mr. Michael A. Ewing, also known as Mike, serves as the Chief Executive Officer of Oak View Bankshares, Inc. (also known as "Oak View National Bank") and serves as its Vice Chairman since May 2022 and serv...


Leadership Team

Experienced Management: OAKV's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: OAKV's board of directors are seasoned and experienced ( 13.3 years average tenure).


Ownership

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.


Ownership Breakdown

What is the ownership structure of OAKV?
Owner TypeNumber of SharesOwnership Percentage

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

Company Information

Oak View Bankshares, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Oak View Bankshares, Inc.
  • Ticker: OAKV
  • Exchange: OTCPK
  • Founded: 2009
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$26.760m
  • Shares outstanding: 2.96m
  • Website: https://www.oakviewbank.com

Location

  • Oak View Bankshares, Inc.
  • 128 Broadview Avenue
  • Warrenton
  • Virginia
  • 20186
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OAKVOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 2012

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/27 00:00
End of Day Share Price2022/09/27 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.