OTCPK:ORBN

Stock Analysis Report

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Executive Summary

Oregon Bancorp, Inc. operates as the bank holding company for Willamette Valley Bank that provides banking services to businesses and individuals in Oregon.


Snowflake Analysis

Flawless balance sheet with outstanding track record.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-6.7%

ORBN

3.1%

US Banks

0.5%

US Market


1 Year Return

18.5%

ORBN

-15.2%

US Banks

18.7%

US Market

Return vs Industry: ORBN exceeded the US Banks industry which returned -15.2% over the past year.

Return vs Market: ORBN matched the US Market which returned 18.7% over the past year.


Shareholder returns

ORBNIndustryMarket
7 Day-6.7%3.1%0.5%
30 Day16.2%5.7%4.9%
90 Day23.2%20.1%19.8%
1 Year26.3%18.5%-12.2%-15.2%21.2%18.7%
3 Year219.7%163.8%-7.2%-14.8%46.2%36.8%
5 Year670.2%467.7%20.9%6.0%85.3%65.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

23.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ORBN ($30.8) is trading below our estimate of fair value ($40.24)

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


Price To Earnings Ratio

PE vs Industry: ORBN is good value based on its PE Ratio (4.2x) compared to the US Banks industry average (10x).

PE vs Market: ORBN is good value based on its PE Ratio (4.2x) compared to the US market (19.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ORBN is overvalued based on its PB Ratio (1.6x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

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

27.0%

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 Oregon 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 whether Oregon Bancorp 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 theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Oregon Bancorp's filings and announcementshere.
  • Explore growth companies in the Banks industry.

Past Performance

How has Oregon Bancorp performed over the past 5 years?

39.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ORBN has high quality earnings.

Growing Profit Margin: ORBN's current net profit margins (23.2%) are higher than last year (19.4%).


Past Earnings Growth Analysis

Earnings Trend: ORBN's earnings have grown significantly by 39.7% per year over the past 5 years.

Accelerating Growth: ORBN's earnings growth over the past year (82.8%) exceeds its 5-year average (39.7% per year).

Earnings vs Industry: ORBN earnings growth over the past year (82.8%) exceeded the Banks industry -2.9%.


Return on Equity

High ROE: ORBN's Return on Equity (36.6%) is considered high.


Next Steps

Financial Health

How is Oregon 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


Financial Institutions Analysis

Asset Level: ORBN's Assets to Equity ratio (7.9x) is low.

Allowance for Bad Loans: ORBN has a sufficient allowance for bad loans (191%).

Low Risk Liabilities: 83% of ORBN's liabilities are made up of primarily low risk sources of funding.

Loan Level: ORBN has an appropriate level of Loans to Assets ratio (63%).

Low Risk Deposits: ORBN's Loans to Deposits ratio (87%) is appropriate.

Level of Bad Loans: ORBN has an appropriate level of bad loans (0.5%).


Next Steps

Dividend

What is Oregon Bancorp current dividend yield, its reliability and sustainability?

6.30%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ORBN's dividend (6.3%) is higher than the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: ORBN's dividend (6.3%) is in the top 25% of dividend payers in the US market (4.31%)


Stability and Growth of Payments

Stable Dividend: ORBN has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ORBN's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (3%), ORBN's dividend payments are thoroughly 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

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

8.6yrs

Average board tenure


CEO

Ryan Dempster (42 yo)

1

Tenure

Mr. Ryan K. Dempster serves as Director at Oregon Bankers Association since July 2019. He is President and Director of Oregon Bancorp, Inc. since January 1, 2019 and served as its Chief Financial Officer a ...


Board Members

NamePositionTenureCompensationOwnership
Ryan Dempster
President1yrno data1.32%
$ 952.8k
Craig Hummel
Director1yrno datano data
Jay Compton
Director11.58yrsno data4.78%
$ 3.5m
Neil Grossnicklaus
Vice Chairmanno datano data3.26%
$ 2.4m
Matthew Fitzmaurice
Director11.58yrsno data5.06%
$ 3.7m
Joseph Minniti
Chairman of the Boardno datano data2.56%
$ 1.8m
Douglas Zielinski
Director11.58yrsno data1.97%
$ 1.4m
George Patterson
Director11.58yrsno data3.23%
$ 2.3m
William McCall
Director5.58yrsno data0.24%
$ 172.5k
Denise Schott
Director5.58yrsno data0.33%
$ 240.2k

8.6yrs

Average Tenure

65.5yo

Average Age

Experienced Board: ORBN's board of directors are considered experienced (8.6 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

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.8%.


Top Shareholders

Company Information

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


Key Information

  • Name: Oregon Bancorp, Inc.
  • Ticker: ORBN
  • Exchange: OTCPK
  • Founded: 2000
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$72.329m
  • Shares outstanding: 2.35m
  • Website: https://www.willamettevalleybank.com

Location

  • Oregon Bancorp, Inc.
  • 101 High Street NE
  • Salem
  • Oregon
  • 97301
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ORBNOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMar 2002

Biography

Oregon Bancorp, Inc. operates as the bank holding company for Willamette Valley Bank that provides banking services to businesses and individuals in Oregon. The company offers checking and savings accounts ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 12:24
End of Day Share Price2020/08/13 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.