OTCPK:RLBS

Stock Analysis Report

Executive Summary

Reliance Bancshares Inc. operates as a bank holding company for Reliance Bank that provides financial solutions to individuals, professionals, small business, and commercial customers.

Snowflake

Fundamentals

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has Reliance Bancshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

5.8%

RLBS

1.4%

US Banks

1.0%

US Market


1 Year Return

-0.6%

RLBS

0.2%

US Banks

6.7%

US Market


Share holder returns

RLBSIndustryMarket
7 Day5.8%1.4%1.0%
30 Day-3.0%-2.6%-1.8%
90 Day-6.3%0.8%-1.8%
1 Year-0.6%-0.6%3.1%0.2%9.1%6.7%
3 Year5.1%5.1%52.0%41.5%46.1%36.6%
5 Year-6.3%-6.3%69.7%51.2%66.9%48.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

PE vs Industry: Insufficient data to calculate RLBS's PE Ratio to determine if it is good value compared to the Banks industry average.

PE vs Market: Insufficient data to calculate RLBS's PE Ratio to determine if it is good value compared to the US market.


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: Insufficient data to calculate RLBS's PB Ratio to determine if it is good value.


Next Steps

Future Growth

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

1.3%

Forecasted Banks industry annual growth in earnings


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: Insufficient data to determine if RLBS's forecast earnings growth is above the savings rate (2.7%).

Earnings vs Market: Insufficient data to determine if RLBS's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

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

High Growth Revenue: Insufficient data to determine if RLBS's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Reliance Bancshares performed over the past 5 years?

15.5%

Historical Banks annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if RLBS's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare RLBS's past year earnings growth to its 5-year average.

Earnings vs Industry: Insufficient data to determine if RLBS's earnings growth over the past year exceeded the Banks industry average.


Return on Equity

High ROE: RLBS has a negative Return on Equity (0%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: Insufficient data to calculate RLBS's Return on Assets to determine if it is higher than the Banks industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Reliance Bancshares's financial position?


Financial Position Analysis

Short Term Liabilities: Insufficient data to determine if RLBS's short term assets cover its short term liabilities

Long Term Liabilities: RLBS has no long term liabilities


Debt to Equity History and Analysis

Debt Level: Insufficient data to calculate RLBS's debt to equity ratio to determine if it is satisfactory

Reducing Debt: Insufficient data to determine if RLBS's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Information is not available.

Information is not available.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if RLBS has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if RLBS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

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

Growing Dividend: Insufficient data to determine if RLBS'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 RLBS'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 Reliance Bancshares's salary, the management and board of directors tenure and is there insider trading?

4.7yrs

Average management tenure


CEO

Allan Ivie (57yo)

8.8yrs

Tenure

US$493,443

Compensation

Mr. Allan D. Ivie, IV, has been Chief Executive Officer of Reliance Bancshares Inc. since June 23, 2010. Mr. Ivie has been President of Community & Corporate Banking-Reliance Bank at Reliance Bancshares In ...


CEO Compensation Analysis

Information is not available.

Compensation vs Earnings: Insufficient data to compare Allan's compensation with company performance.


Management Age and Tenure

4.7yrs

Average Tenure

57yo

Average Age

Experienced Management: RLBS's management team is considered experienced (4.7 years average tenure).


Board Age and Tenure

6.0yrs

Average Tenure

64yo

Average Age

Experienced Board: RLBS's board of directors are considered experienced (6 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

  • Tom Brouster

    Chairman of the Board

    • Tenure: 6yrs
  • Gaines Dittrich

    Vice Chairman & Chief Credit Officer

    • Tenure: 6yrs
  • Allan Ivie (57yo)

    Chief Executive Officer

    • Tenure: 8.8yrs
    • Compensation: US$493.44k
  • Hal Tate (64yo)

    President

    • Tenure: 13.3yrs
    • Compensation: US$170.56k
  • David Franke (47yo)

    Interim CFO

    • Tenure: 0yrs
  • Norm Toon

    Executive VP & Chief Lending Officer of Reliance Bank

    • Tenure: 2.9yrs
  • Courtney Stotler

    Executive Vice President of Human Resources - Reliance Bank

    • Tenure: 6.4yrs
  • Brian Hintz

    Executive Vice President of Corporate Banking - Reliance Bank

    • Tenure: 2.3yrs
  • Lori Davis

    Executive Vice President of Retail Banking - Reliance Bank

    • Tenure: 1.8yrs
  • Donna Decarli

    Vice President

    • Tenure: 7.3yrs

Board Members

  • William Stiritz (84yo)

    Director Emeritus

    • Tenure: 0yrs
    • Compensation: US$1.50k
  • Tom Brouster

    Chairman of the Board

    • Tenure: 6yrs
  • Gaines Dittrich

    Vice Chairman & Chief Credit Officer

    • Tenure: 6yrs
  • Allan Ivie (57yo)

    Chief Executive Officer

    • Tenure: 8.8yrs
    • Compensation: US$493.44k
  • Fortis Lawder (90yo)

    Director Emeritus

    • Tenure: 8.9yrs
    • Compensation: US$13.20k
  • Hal Tate (64yo)

    President

    • Tenure: 13.3yrs
    • Compensation: US$170.56k
  • Ralph Casazzone (64yo)

    Director Emeritus

    • Tenure: 0yrs
    • Compensation: US$1.00k
  • Eric Jakel

    Director

    • Tenure: 5yrs
  • Kris Jakel

    Director

    • Tenure: 2.5yrs
  • Rick Jakel

    Director

    • Tenure: 6yrs

Company Information

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


Key Information

  • Name: Reliance Bancshares Inc.
  • Ticker: RLBS
  • Exchange: OTCPK
  • Founded: 1999
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$124.257m
  • Shares outstanding: 75.77m
  • Website: https://www.reliancebancshares.com

Number of Employees


Location

  • Reliance Bancshares Inc.
  • 10401 Clayton Road
  • Frontenac
  • Missouri
  • 63131
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RLBSOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2006

Biography

Reliance Bancshares Inc. operates as a bank holding company for Reliance Bank that provides financial solutions to individuals, professionals, small business, and commercial customers. Its deposit products ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/04/16 00:07
End of Day Share Price2019/04/12 00:00
Earnings2012/12/31
Annual Earnings2012/12/31


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.

© 2018 SIMPLY WALL STREET PTY LTD, COMMUNITY DESIGN 2845206, US DESIGN PATENT #29/544/281, EUROPEAN DESIGN REGISTRATION #2845206, STANDARD & POOR’S FINANCIAL SERVICES LLC. ALL RIGHTS RESERVED.

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Copyright © 2018, Standard & Poor’s Financial Services LLC. Reproduction of S&P Capital IQ in any form is prohibited except with the prior written permission of S&P. S&P does not guarantee the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions, regardless of the cause or for the results obtained from the use of such information. S&P DISCLAIMS ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. In no event shall S&P be liable for any direct, indirect, special or consequential damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with subscriber’s or others’ use of S&P Capital IQ. (2018)