OTCPK:RVCB

Stock Analysis Report

River Valley Community Bancorp

Executive Summary

River Valley Community Bancorp, through its subsidiary, River Valley Community Bank provides various banking products and services in the United States.


Snowflake Analysis

Adequate balance sheet with acceptable track record.

Share Price & News

How has River Valley Community Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RVCB has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

11.6%

RVCB

14.6%

US Banks

9.4%

US Market


1 Year Return

-3.8%

RVCB

-24.3%

US Banks

-6.8%

US Market

Return vs Industry: RVCB exceeded the US Banks industry which returned -26% over the past year.

Return vs Market: RVCB exceeded the US Market which returned -8.1% over the past year.


Shareholder returns

RVCBIndustryMarket
7 Day11.6%14.6%9.4%
30 Day2.1%-4.4%-3.9%
90 Dayn/a-33.9%-16.5%
1 Year-3.8%-3.8%-22.0%-24.3%-4.8%-6.8%
3 Yearn/a-8.3%-15.1%23.4%15.2%
5 Yearn/a16.7%3.3%41.3%25.7%

Price Volatility Vs. Market

How volatile is River Valley Community Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is River Valley Community Bancorp undervalued compared to its fair value and its price relative to the market?

12.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RVCB ($18.99) is trading above our estimate of fair value ($13.03)

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


Price To Earnings Ratio

PE vs Industry: RVCB is poor value based on its PE Ratio (12.4x) compared to the Banks industry average (8.8x).

PE vs Market: RVCB is good value based on its PE Ratio (12.4x) compared to the US market (13.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RVCB is overvalued based on its PB Ratio (1.5x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

How is River Valley Community Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-4.6%

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 River Valley Community Bancorp 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.


Next Steps

Past Performance

How has River Valley Community Bancorp performed over the past 5 years?

42.2%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: RVCB has high quality earnings.

Growing Profit Margin: RVCB's current net profit margins (32.6%) are higher than last year (27.8%).


Past Earnings Growth Analysis

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

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

Earnings vs Industry: RVCB earnings growth over the past year (42.2%) exceeded the Banks industry 10.8%.


Return on Equity

High ROE: RVCB's Return on Equity (12.2%) is considered low.


Next Steps

Financial Health

How is River Valley Community Bancorp'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: RVCB's level of assets compared to its equity is moderate.

Allowance for Bad Loans: Insufficient data to determine if RVCB has a sufficient allowance for bad loans.

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

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

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

Level of Bad Loans: Insufficient data to determine if RVCB has an appropriate level of bad loans.


Next Steps

Dividend

What is River Valley Community Bancorp's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RVCB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RVCB'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 RVCB's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

John Jelavich (54yo)

3.25s

Tenure

Mr. John M. Jelavich has been Chief Executive Officer and President of River Valley Community Bancorp (the “Company”) since June 29, 2017. Mr. Jelavic has been President of River Valley Community Bank (the ...


Leadership Team

NamePositionTenureCompensationOwnership
John Jelavich
President3.25yrsno datano data
Michael Finn
Executive VP & CFO3.25yrsno datano data
Michael Vasquez
Senior VP & Special Projects Officer1.83yrsno datano data
Lucas Parnell
Executive VP & Chief Credit Officer0.25yrno datano data
J. Heckman
Senior VP & Senior Lending Officer2.25yrsno datano data

2.3yrs

Average Tenure

Experienced Management: RVCB's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Jelavich
President3.25yrsno datano data
John Jelavich
Director3.25yrsno datano data
Gurjeet Thiara
Director3.25yrsno datano data
John Morrison
Director3.25yrsno datano data
Joe Griggs
Director3.25yrsno datano data
Kurt Hilbers
Director3.25yrsno datano data
Harry Cheim
Director3.25yrsno datano data
Stephen Danna
Chairman2.83yrsno datano data
James Eager
Director3.25yrsno datano data
Nicole Van Vleck
Director3.25yrsno datano data

3.3yrs

Average Tenure

57.5yo

Average Age

Experienced Board: RVCB's board of directors are considered experienced (3.3 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

River Valley Community Bancorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: River Valley Community Bancorp
  • Ticker: RVCB
  • Exchange: OTCPK
  • Founded:
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$45.500m
  • Shares outstanding: 2.40m
  • Website: https://www.myrvcb.com

Location

  • River Valley Community Bancorp
  • 1629 Colusa Avenue
  • Yuba City
  • California
  • 95993
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RVCBOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 2017

Biography

River Valley Community Bancorp, through its subsidiary, River Valley Community Bank provides various banking products and services in the United States. The company accepts personal and business checking and savings accounts; certificates of deposits; and IRA accounts. Its loan products include consumer term, consumer construction, residential real estate mortgage, professional practice, agricultural real estate and land development, construction, and commercial real estate loans; home equity lines of credit; commercial/equipment loans and lines; and agricultural operating loans and lines. The company also offers debit, credit, travel money, and gift cards; and online banking and bill payment, ACH origination, electronic statement, remote deposit capture, merchant card processing, payroll, cashier’s cheque, automatic teller machine, drive-up teller window, safe deposit box, notary, night depository, overdraft protection, direct deposit, wire transfer, and mobile banking services. It primarily serves individuals, small to middle-market businesses, professionals, and not-for-profit organizations. The company has branches in Yuba City, Grass Valley, and Auburn in California. River Valley Community Bancorp is headquartered in Yuba City, California. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/09 00:54
End of Day Share Price2020/04/07 00:00
Earnings2018/12/31
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.