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.
Flawless balance sheet and slightly overvalued.
Share Price & News
How has Potomac Bancshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PTBS has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PTBS matched the US Banks industry which returned -26.4% over the past year.
Return vs Market: PTBS underperformed the US Market which returned -10.4% over the past year.
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
Is Potomac Bancshares undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PTBS ($10.4) is trading below our estimate of fair value ($17.91)
Significantly Below Fair Value: PTBS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PTBS is poor value based on its PE Ratio (13.4x) compared to the Banks industry average (8.9x).
PE vs Market: PTBS is poor value based on its PE Ratio (13.4x) compared to the US market (13.1x).
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 (0.9x) compared to the US Banks industry average (0.8x).
How is Potomac Bancshares forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine Potomac Bancshares's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- 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 Potomac Bancshares's filings and announcements here.
- Explore growth companies in the Banks industry.
How has Potomac Bancshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PTBS has high quality earnings.
Growing Profit Margin: PTBS's current net profit margins (15.1%) are lower than last year (17.6%).
Past Earnings Growth Analysis
Earnings Trend: PTBS's earnings have grown by 7.8% per year over the past 5 years.
Accelerating Growth: PTBS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PTBS had negative earnings growth (-5.3%) over the past year, making it difficult to compare to the Banks industry average (10.9%).
Return on Equity
High ROE: PTBS's Return on Equity (6.5%) is considered low.
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
Inventory Level: PTBS has a low level of unsold assets or inventory.
Debt Coverage by Assets: PTBS's debt is covered by short term assets (assets are 6.6x debt).
Financial Institutions Analysis
Asset Level: PTBS's level of assets compared to its equity is low.
Allowance for Bad Loans: PTBS has a sufficient allowance for bad loans.
Low Risk Liabilities: PTBS's liabilities are made up of primarily low risk sources of funding.
Loan Level: PTBS has an acceptable proportion of non-loan assets held.
Low Risk Deposits: PTBS's loans are broadly funded by customer deposits.
Level of Bad Loans: PTBS has an appropriate level of bad loans (0.19%)
What is Potomac Bancshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PTBS's dividend (2.69%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: PTBS's dividend (2.69%) is low compared to the top 25% of dividend payers in the US market (5.4%).
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 fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36%), 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alice Frazier (54yo)
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 ...
|President||2.75yrs||no data||no data|
|CFO, Executive VP||8.67yrs||US$200.42k||no data|
|Senior Vice President and Director Of Mortgage Banking||2yrs||no data||no data|
|Executive VP & Chief Lending Officer||1.92yrs||no data||no data|
Experienced Management: PTBS's management team is considered experienced (2.3 years average tenure).
|President||2.75yrs||no data||no data|
|Independent Director||21.25yrs||US$13.54k||no data|
|Independent Director||16.25yrs||US$13.32k||no data|
|Chairman of the Board||4yrs||US$13.22k||no data|
|Independent Director||7.92yrs||no data||no data|
|Director||6.33yrs||no data||no data|
|Director||5.25yrs||no data||no data|
|Director||3.25yrs||no data||no data|
Experienced Board: PTBS's board of directors are considered experienced (7 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.7%.
Potomac Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Potomac Bancshares, Inc.
- Ticker: PTBS
- Exchange: OTCPK
- Founded: 1871
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$42.992m
- Shares outstanding: 4.13m
- Website: https://www.mybct.com
- Potomac Bancshares, Inc.
- 111 East Washington Street
- PO Box 906
- Charles Town
- West Virginia
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PTBS||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Apr 1998|
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 accounts, savings accounts, and certificate of deposits. It also provides personal loans, including new and used vehicle, home equity, unsecured home improvement and personal, and lot loans, as well as loans secured by CD, and home equity line of credit; commercial loans, such as construction lines of credit, land acquisition and development, and vehicle and equipment loans, working capital lines of credit, letters of credit, and commercial real estate loans, as well as mortgage loans; and credit card and debit card security services. In addition, the company offers cash management and merchant services; and full service brokerage, retirement and insurance planning, and trust services, as well as mobile and online banking services. It operates eight full service offices and one loan production office in the Eastern Panhandle of West Virginia, Washington County, Maryland and Loudoun County, Virginia. Potomac Bancshares, Inc. was founded in 1871 and is headquartered in Charles Town, West Virginia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 07:15|
|End of Day Share Price||2020/03/31 00:00|
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.