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PTBS

Potomac BancsharesOTCPK:PTBS Stock Report

Market Cap

US$72.3m

7D

1.4%

1Y

79.5%

Updated

25 Sep, 2021

Data

Company Financials
PTBS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

PTBS Overview

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.

Potomac Bancshares Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Potomac Bancshares
Historical stock prices
Current Share PriceUS$17.50
52 Week HighUS$9.66
52 Week LowUS$17.50
Beta0.62
1 Month Change4.48%
3 Month Change17.45%
1 Year Change79.49%
3 Year Change16.28%
5 Year Change103.25%
Change since IPO234.69%

Recent News & Updates

Shareholder Returns

PTBSUS BanksUS Market
7D1.4%3.4%0.1%
1Y79.5%80.0%35.3%

Return vs Industry: PTBS matched the US Banks industry which returned 80% over the past year.

Return vs Market: PTBS exceeded the US Market which returned 35.3% over the past year.

Price Volatility

Is PTBS's price volatile compared to industry and market?
PTBS volatility
PTBS Beta0.62
Industry Beta1.37
Market Beta1

Stable Share Price: PTBS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: PTBS's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1871n/aAlice Frazierhttps://www.mybct.com

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, savings, and individual retirement accounts; and certificates of deposit (CD). It also provides personal loans, including new and used vehicle, home equity, lot, unsecured home improvement and personal, and retail equipment loans, as well as loans secured by CD, and home equity lines of credit; commercial loans for building or office purchases, commercial real estate and construction, production and administrative equipment purchases; lines of credit; mortgage, term, residential and commercial construction, commercial real estate, and agricultural loans; and credit cards.

Potomac Bancshares Fundamentals Summary

How do Potomac Bancshares's earnings and revenue compare to its market cap?
PTBS fundamental statistics
Market CapUS$72.34m
Earnings (TTM)US$5.75m
Revenue (TTM)US$25.12m

12.6x

P/E Ratio

1.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PTBS income statement (TTM)
RevenueUS$25.12m
Cost of RevenueUS$0
Gross ProfitUS$25.12m
ExpensesUS$19.37m
EarningsUS$5.75m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.39
Gross Margin100.00%
Net Profit Margin22.89%
Debt/Equity Ratio27.1%

How did PTBS perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

21%

Payout Ratio

Valuation

Is Potomac Bancshares undervalued compared to its fair value and its price relative to the market?

12.58x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PTBS ($17.5) is trading above our estimate of fair value ($13.23)

Significantly Below Fair Value: PTBS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PTBS is poor value based on its PE Ratio (12.6x) compared to the US Banks industry average (11x).

PE vs Market: PTBS is good value based on its PE Ratio (12.6x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PTBS is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).


Future Growth

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

-0.9%

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 Potomac Bancshares 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.


Past Performance

How has Potomac Bancshares performed over the past 5 years?

9.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PTBS has high quality earnings.

Growing Profit Margin: PTBS's current net profit margins (22.9%) are higher than last year (15.5%).


Past Earnings Growth Analysis

Earnings Trend: PTBS's earnings have grown by 9.3% per year over the past 5 years.

Accelerating Growth: PTBS's earnings growth over the past year (73.1%) exceeds its 5-year average (9.3% per year).

Earnings vs Industry: PTBS earnings growth over the past year (73.1%) exceeded the Banks industry 36%.


Return on Equity

High ROE: PTBS's Return on Equity (10.5%) is considered low.


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


Financial Institutions Analysis

Asset Level: PTBS's Assets to Equity ratio (11.3x) is moderate.

Allowance for Bad Loans: PTBS has a sufficient allowance for bad loans (3497%).

Low Risk Liabilities: 97% of PTBS's liabilities are made up of primarily low risk sources of funding.

Loan Level: PTBS has an appropriate level of Loans to Assets ratio (79%).

Low Risk Deposits: PTBS's Loans to Deposits ratio (89%) is appropriate.

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


Dividend

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

1.83%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PTBS's dividend (1.83%) is higher than the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: PTBS's dividend (1.83%) is low compared to the top 25% of dividend payers in the US market (3.6%).


Stability and Growth of Payments

Stable Dividend: PTBS's dividend payments have been volatile in the past 10 years.

Growing Dividend: PTBS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.8%), PTBS's dividend payments are well 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?

3.8yrs

Average management tenure


CEO

Alice Frazier (56 yo)

4.17yrs

Tenure

Ms. Alice Poutasse Frazier serves as Director of ICBA Services Network, Inc. Ms. Frazier has been the Chief Executive Officer and President of Potomac Bancshares, Inc. and Bank of Charles Town (BCT) since...


Leadership Team

Experienced Management: PTBS's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: PTBS's board of directors are considered experienced (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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Potomac Bancshares, Inc.'s 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$72.342m
  • Shares outstanding: 4.13m
  • Website: https://www.mybct.com

Location

  • Potomac Bancshares, Inc.
  • 111 East Washington Street
  • PO Box 906
  • Charles Town
  • West Virginia
  • 25414-0906
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 22:16
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.