OTCPK:OXBC

Stock Analysis Report

Executive Summary

Oxford Bank Corporation operates as the holding company for Oxford Bank that provides banking products and services to various customers in Michigan.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OXBC

4.8%

US Banks

2.3%

US Market


1 Year Return

15.2%

OXBC

0.04%

US Banks

5.6%

US Market

Return vs Industry: OXBC exceeded the US Banks industry which returned 0% over the past year.

Return vs Market: OXBC exceeded the US Market which returned 5.6% over the past year.


Shareholder returns

OXBCIndustryMarket
7 Day0%4.8%2.3%
30 Day1.9%-0.5%-1.0%
90 Day-0.9%2.0%-0.7%
1 Year15.2%15.2%2.9%0.04%7.9%5.6%
3 Year88.6%88.6%51.5%41.1%45.6%36.3%
5 Year153.4%153.4%70.9%52.3%65.8%47.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

10.76x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate OXBC's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate OXBC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: OXBC is good value based on its PE Ratio (10.8x) compared to the Banks industry average (12.6x).

PE vs Market: OXBC is good value based on its PE Ratio (10.8x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: OXBC is good value based on its PB Ratio (1.1x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

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

8.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OXBC's forecast earnings growth (8.2% per year) is above the savings rate (2.7%).

Earnings vs Market: OXBC's earnings (8.2% per year) are forecast to grow slower than the US market (14.5% per year).

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

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

High Growth Revenue: Insufficient data to determine if OXBC'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 OXBC's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Oxford Bank performed over the past 5 years?

-8.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: OXBC's earnings have declined by -8.4% per year over the past 5 years.

Accelerating Growth: OXBC's earnings growth over the past year (77.7%) exceeds its 5-year average (-8.4% per year).

Earnings vs Industry: OXBC earnings growth over the past year (77.7%) exceeded the Banks industry 31.8%.


Return on Equity

High ROE: OXBC's Return on Equity (10%) is considered low.


Return on Assets

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


Next Steps

Financial Health

How is Oxford 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

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

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


Financial Institutions Analysis

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

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

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

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

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

Level of Bad Loans: OXBC has an appropriate level of bad loans (0.59%)


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate OXBC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate OXBC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if OXBC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OXBC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: OXBC is not paying a notable dividend for the US market.


Future Payout to Shareholders

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


Next Steps

Management

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

10.4yrs

Average board tenure


CEO

Dave Lamb (55yo)

4.4yrs

Tenure

0

Mr. David P. Lamb, also known as Dave, has extensive experience in the banking industry. Mr. Lamb serves as President, CEO & Director at Oxford Bank Corporation. Most recently, since 2008 Mr. Lamb has been ...


Board Age and Tenure

10.4yrs

Average Tenure

Experienced Board: OXBC's board of directors are seasoned and experienced ( 10.4 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.


Ownership Breakdown


Management Team

  • Lisa Medlock

    Senior Vice President of Operations

    • Tenure: 0yrs
  • Erick Dyson

    Senior Vice President of Consumer Loans

    • Tenure: 0yrs
  • Matt Chapman

    Chief Information Officer & Senior VP

    • Tenure: 0yrs
  • Michael Chatas (53yo)

    Senior Vice President of Development and Senior Vice President of Development - Oxford Bank

    • Tenure: 0yrs
  • Dave Lamb (55yo)

    President

    • Tenure: 4.4yrs
  • Amy Chatas

    Senior VP

    • Tenure: 0yrs
  • Mark Morrison

    Senior Vice President of Business Banking

    • Tenure: 0yrs
  • JoAnne Schultze

    Compliance & CRA Officer

    • Tenure: 0yrs
  • Matt Lowman

    Executive VP & Chief Lending Officer

    • Tenure: 0yrs
  • Richard Miller

    Senior VP & CFO

    • Tenure: 2.3yrs

Board Members

  • Karen Mersino

    • Tenure: 10.4yrs
  • Michael Kubinski

    Director

    • Tenure: 20.8yrs
  • Dave Lamb (55yo)

    President

    • Tenure: 4.4yrs
  • Richard Thompson

    Director

    • Tenure: 0yrs
  • Todd Fox

    Director

    • Tenure: 0yrs
  • Harvey Solway

    Director

    • Tenure: 0yrs

Company Information

Oxford Bank Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Oxford Bank Corporation
  • Ticker: OXBC
  • Exchange: OTCPK
  • Founded: 1884
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$46.399m
  • Shares outstanding: 2.29m
  • Website: https://www.oxfordbank.com

Location

  • Oxford Bank Corporation
  • 60 South Washington Street
  • Oxford
  • Michigan
  • 48371
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OXBCOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 1995

Biography

Oxford Bank Corporation operates as the holding company for Oxford Bank that provides banking products and services to various customers in Michigan. Its deposit products include savings accounts, certific ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 23:39
End of Day Share Price2019/10/09 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.