OTCPK:PTBS

Stock Analysis Report

Executive Summary

Potomac Bancshares, Inc. operates as the bank holding company for Bank of Charles Town that provides various banking products and services to individuals and businesses.

Snowflake

Fundamentals

Flawless balance sheet unattractive dividend payer.

Risks

  • Potomac Bancshares is not covered by any analysts.

Similar Companies

Share Price & News

How has Potomac Bancshares'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:PTBS

-1.8%

US Banks

-1.6%

US Market


1 Year Return

-9.8%

OTCPK:PTBS

-16.1%

US Banks

-3.0%

US Market

PTBS outperformed the Banks industry which returned -16.1% over the past year.

PTBS underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

PTBSIndustryMarket
7 Day-0.4%-1.8%-1.6%
30 Day-2.1%-10.1%-5.7%
90 Day-2.1%-5.0%0.2%
1 Year-8.1%-9.8%-13.7%-16.1%-0.8%-3.0%
3 Year70.0%59.2%37.9%28.5%38.1%29.1%
5 Year88.0%66.9%49.3%33.2%50.8%34.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

19x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Potomac Bancshares's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Potomac Bancshares's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Potomac Bancshares is overvalued based on earnings compared to the US Banks industry average.

Potomac Bancshares is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

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


Price Based on Value of Assets

Potomac Bancshares is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

11.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Potomac Bancshares is high growth as no revenue estimate data is available.

Potomac Bancshares's earnings are expected to grow by 11.4% yearly, however this is not considered high growth (20% yearly).

Unable to compare Potomac Bancshares's revenue growth to the United States of America market average as no estimate data is available.

Potomac Bancshares's earnings growth is positive but not above the United States of America market average.

Potomac Bancshares's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Potomac Bancshares will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Potomac Bancshares performed over the past 5 years?

10.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Potomac Bancshares's year on year earnings growth rate has been positive over the past 5 years.

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

Potomac Bancshares's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.


Return on Equity

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


Return on Assets

Potomac Bancshares used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Potomac Bancshares 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 Potomac Bancshares'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

Potomac Bancshares has an acceptable proportion of non-loan assets held.

Potomac Bancshares has a sufficient allowance for bad loans.

Potomac Bancshares's liabilities are made up of primarily low risk sources of funding.

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

Loans at Potomac Bancshares are broadly funded by customer deposits.

Potomac Bancshares has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Potomac Bancshares's current dividend yield, its reliability and sustainability?

2.02%

Current Dividend Yield


Dividend Yield and Payments Analysis

Potomac Bancshares's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Potomac Bancshares's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.6x coverage).


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 Potomac Bancshares's salary, the management and board of directors tenure and is there insider trading?

1.7yrs

Average management tenure


CEO

Alice Frazier (54yo)

2.1yrs

Tenure

0

Ms. Alice Poutasse Frazier has been the Chief Executive Officer and President of Potomac Bancshares, Inc. and Bank of Charles Town (BCT) since July 05, 2017 and serves as it's director since 2017. Ms. Fraz ...


Management Age and Tenure

1.7yrs

Average Tenure

The average tenure for the Potomac Bancshares management team is less than 2 years, this suggests a new team.


Board Age and Tenure

6.5yrs

Average Tenure

61yo

Average Age

The tenure for the Potomac Bancshares board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Alice Frazier (54yo)

    President

    • Tenure: 2.1yrs
  • Dean Cognetti (60yo)

    CFO, Executive VP

    • Tenure: 8.0yrs
    • Compensation: US$200.42k
  • Raymond Goodrich

    Executive VP & Chief Lending Officer

    • Tenure: 1.3yrs
  • Steve Cowen

    Senior Vice President and Director Of Mortgage Banking

    • Tenure: 1.3yrs

Board Members

  • Alice Frazier (54yo)

    President

    • Tenure: 2.1yrs
  • J. Boyd (62yo)

    Director

    • Tenure: 20.6yrs
    • Compensation: US$13.54k
  • C. Togans (72yo)

    Director

    • Tenure: 15.6yrs
    • Compensation: US$13.98k
  • Barbara Pichot (71yo)

    Director

    • Tenure: 15.6yrs
    • Compensation: US$13.32k
  • Margaret Cogswell (60yo)

    Director

    • Tenure: 16.6yrs
    • Compensation: US$12.55k
  • Keith Berkeley (60yo)

    Chairman of the Board

    • Tenure: 3.3yrs
    • Compensation: US$13.22k
  • Barbara Scott (70yo)

    Director

    • Tenure: 7.3yrs
  • Norman Casagrande (59yo)

    Director

    • Tenure: 5.7yrs
  • Tony Zelenka (65yo)

    Director

    • Tenure: 4.6yrs
  • Andrew Skinner (48yo)

    Director

    • Tenure: 2.6yrs

Company Information

Potomac Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Potomac Bancshares, Inc.
  • Ticker: PTBS
  • Exchange: OTCPK
  • Founded: 1871
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$57.253m
  • Shares outstanding: 4.13m
  • Website: https://www.mybct.com

Location

  • Potomac Bancshares, Inc.
  • 111 East Washington Street
  • PO Box 906
  • Charles Town
  • West Virginia
  • 25414
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PTBSOTCPK (Pink Sheets LLC)YesCommon StockUSUSDApr 1998

Biography

Potomac Bancshares, Inc. operates as the bank holding company for Bank of Charles Town that provides various banking products and services to individuals and businesses. The company offers checking account ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 23:41
End of Day Share Price2019/08/23 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.