OTCPK:REVB

Stock Analysis Report

Executive Summary

Revere Bank provides business and personal banking services.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.9%

REVB

5.8%

US Banks

3.4%

US Market


1 Year Return

8.6%

REVB

1.0%

US Banks

5.4%

US Market

Return vs Industry: REVB exceeded the US Banks industry which returned 1% over the past year.

Return vs Market: REVB exceeded the US Market which returned 5.4% over the past year.


Shareholder returns

REVBIndustryMarket
7 Day0.9%5.8%3.4%
30 Day14.9%-0.6%-1.0%
90 Day18.8%3.1%-0.4%
1 Year8.6%8.6%3.9%1.0%7.7%5.4%
3 Year123.0%123.0%53.5%42.9%46.2%36.8%
5 Yearn/a69.8%51.3%65.6%47.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

13.05x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: REVB is poor value based on its PE Ratio (13.1x) compared to the Banks industry average (12.6x).

PE vs Market: REVB is good value based on its PE Ratio (13.1x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

Low PEG Ratio: REVB is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: REVB is overvalued based on its PB Ratio (1.4x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Revere Bank forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

11.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: REVB's forecast earnings growth (11.4% per year) is above the savings rate (2.7%).

Earnings vs Market: REVB's earnings (11.4% per year) are forecast to grow slower than the US market (14.3% per year).

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

Revenue vs Market: REVB's revenue (12.1% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: REVB's revenue (12.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if REVB's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Revere Bank performed over the past 5 years?

42.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: REVB's earnings have grown significantly by 42% per year over the past 5 years.

Accelerating Growth: REVB's earnings growth over the past year (39.2%) is below its 5-year average (42% per year).

Earnings vs Industry: REVB earnings growth over the past year (39.2%) exceeded the Banks industry 31.8%.


Return on Equity

High ROE: REVB's Return on Equity (10.4%) is considered low.


Return on Assets

ROA vs Industry: REVB has a higher Return on Assets than the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate REVB's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Revere 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: REVB has a low level of unsold assets or inventory.

Debt Coverage by Assets: REVB's debt is not covered by short term assets (assets are 0.5x debt).


Financial Institutions Analysis

Asset Level: REVB's level of assets compared to its equity is low.

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

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

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

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

Level of Bad Loans: REVB has an appropriate level of bad loans (0.05%)


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%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 REVB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate REVB'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 REVB's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of REVB'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 Revere Bank's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average board tenure


CEO

Drew Flott 0

0yrs

Tenure

0

Mr. Andrew F. Flott, also known as Drew, serves as Co-Chief Executive Officer and Co-President of Revere Bank. Mr. Flott served as Chief Executive Officer of Revere Bank. He is seasoned banker with over 29 ...


Board Age and Tenure

4.8yrs

Average Tenure

Experienced Board: REVB's board of directors are considered experienced (4.8 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

  • Ken Cook

    Co-President

    • Tenure: 4.8yrs
  • Kenneth White

    Senior Vice President

    • Tenure: 0.8yrs
  • Carrie Quinn

    Executive VP & Chief Financial Officer

    • Tenure: 0yrs
  • Drew Flott

    Co-President

    • Tenure: 0yrs
  • Christopher Hesen

    Senior EVP & Chief Credit Officer

    • Tenure: 0yrs
  • John Bruning

    Executive Vice President of Retail Banking

    • Tenure: 0yrs
  • David Chisholm

    Senior VP & Business Development Officer

    • Tenure: 0yrs
  • Mary Fleming

    Executive VP & Chief Operations Officer

    • Tenure: 0yrs
  • Jack Green

    Senior VP & Market Executive

    • Tenure: 0yrs
  • Larry Bloom

    Senior VP & Chief Technology Officer

    • Tenure: 0yrs

Board Members

  • Ken Cook

    Co-President

    • Tenure: 4.8yrs
  • J. Gaeng

    Director and Regional President of Montgomery & Frederick Counties

    • Tenure: 3.6yrs
  • J. McAuliffe

    Director

    • Tenure: 7.8yrs
  • Drew Flott

    Co-President

    • Tenure: 0yrs
  • Robb Cecil

    Director

    • Tenure: 0yrs
  • Mike Collins

    Director

    • Tenure: 0yrs
  • Chris Hayes

    Chairman of the Board

    • Tenure: 0yrs
  • Brian Lemek

    Director

    • Tenure: 0yrs
  • Christina O’Meara

    Director

    • Tenure: 0yrs
  • Henry Posko

    Director

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: Revere Bank
  • Ticker: REVB
  • Exchange: OTCPK
  • Founded: 2007
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$408.434m
  • Shares outstanding: 12.13m
  • Website: https://www.reverebank.com

Number of Employees


Location

  • Revere Bank
  • 2101 Gaither Road
  • Suite 600
  • Rockville
  • Maryland
  • 20850
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
REVBOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 2013

Biography

Revere Bank provides business and personal banking services. Its business banking services include checking accounts, savings accounts, escrow accounts, check cards, commercial loans, and cash management s ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 00:27
End of Day Share Price2019/10/15 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.