OTCPK:SBHO

Stock Analysis Report

Executive Summary

Steuben Trust Corporation operates as a bank holding company for Steuben Trust Company which offers financial and banking services to individuals and businesses primarily in Steuben, Allegany, Livingston, Monroe and Wyoming counties in New York State.

Snowflake

Fundamentals

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has Steuben Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.1%

SBHO

1.7%

US Banks

1.3%

US Market


1 Year Return

-8.0%

SBHO

0.3%

US Banks

5.9%

US Market

Return vs Industry: SBHO underperformed the US Banks industry which returned 0.3% over the past year.

Return vs Market: SBHO underperformed the US Market which returned 5.9% over the past year.


Shareholder returns

SBHOIndustryMarket
7 Day-2.1%1.7%1.3%
30 Day9.5%-2.4%-1.9%
90 Day17.6%1.0%-1.8%
1 Year-5.0%-8.0%3.2%0.3%8.3%5.9%
3 Year55.9%41.5%52.1%41.7%45.6%36.2%
5 Year88.1%58.6%69.8%51.4%66.1%47.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Steuben Trust undervalued compared to its fair value and its price relative to the market?

10.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: SBHO ($46) is trading below our estimate of fair value ($51.57)

Significantly Undervalued: SBHO is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: SBHO is good value based on its PE Ratio (11x) compared to the Banks industry average (12.5x).

PE vs Market: SBHO is good value based on its PE Ratio (11x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

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


Next Steps

Future Growth

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

2.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SBHO's forecast earnings growth (2.6% per year) is below the savings rate (2.7%).

Earnings vs Market: SBHO's earnings (2.6% per year) are forecast to grow slower than the US market (14.4% per year).

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

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Steuben Trust performed over the past 5 years?

7.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SBHO's earnings have grown by 7.2% per year over the past 5 years.

Accelerating Growth: SBHO's earnings growth over the past year (20.7%) exceeds its 5-year average (7.2% per year).

Earnings vs Industry: SBHO earnings growth over the past year (20.7%) underperformed the Banks industry 31.8%.


Return on Equity

High ROE: SBHO's Return on Equity (11%) is considered low.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Steuben Trust'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: SBHO has a low level of unsold assets or inventory.

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


Financial Institutions Analysis

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

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

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

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

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

Level of Bad Loans: SBHO has an appropriate level of bad loans (0.88%)


Next Steps

Dividend

What is Steuben Trust's current dividend yield, its reliability and sustainability?

3.04%

Current Dividend Yield


Dividend Yield vs Market

company3.0%marketbottom25%1.5%markettop25%3.8%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: SBHO's dividend (3.04%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: SBHO's dividend (3.04%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: Whilst dividend payments have been stable, SBHO has been paying a dividend for less than 10 years.

Growing Dividend: SBHO's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (32.3%), SBHO'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

What is the CEO of Steuben Trust's salary, the management and board of directors tenure and is there insider trading?

7.8yrs

Average board tenure


CEO

Brenda Copeland (67yo)

16.8yrs

Tenure

0

Ms. Brenda L. Copeland is the Chairman of the Board and Chief Executive Officer at Steuben Trust Corporation since 2019 and served as its Vice Chairman until 2019. She served as Chief Executive Officer and ...


Board Age and Tenure

7.8yrs

Average Tenure

Experienced Board: SBHO's board of directors are considered experienced (7.8 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

  • Brenda Copeland (67yo)

    Chairman & CEO

    • Tenure: 16.8yrs
  • John Eagleton

    President & Director

    • Tenure: 0yrs
  • Sue Lacy

    Senior VP & Human Resource Manager

    • Tenure: 0yrs
  • Jim Nicoloff

    Executive VP

    • Tenure: 0yrs
  • Amber Phelps

    Executive VP & COO

    • Tenure: 0yrs
  • Maureen Smith

    Senior VP and Loan Review & Credit Administration Officer

    • Tenure: 0yrs
  • James Knapp

    Senior VP & Retail Sales Manager

    • Tenure: 0yrs
  • Amy Muhleisen

    Senior VP

    • Tenure: 0yrs
  • Steven Harriger

    Marketing Director

    • Tenure: 0yrs
  • Michael Lares

    Senior VP of Trust & Investment and Services Manager

    • Tenure: 0yrs

Board Members

  • Brenda Copeland (67yo)

    Chairman & CEO

    • Tenure: 16.8yrs
  • Mark Zupan (59yo)

    Director

    • Tenure: 2.5yrs
  • John Eagleton

    President & Director

    • Tenure: 0yrs
  • Brian Wilkins

    Director

    • Tenure: 4.8yrs
  • Stoner Horey

    Director

    • Tenure: 27.8yrs
  • Amanda Parker

    Director

    • Tenure: 7.8yrs
  • Sherry Walton

    Director

    • Tenure: 20.8yrs
  • Michael Davidson

    Director

    • Tenure: 11.3yrs
  • Stanley Klein

    Director

    • Tenure: 0yrs

Company Information

Steuben Trust Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Steuben Trust Corporation
  • Ticker: SBHO
  • Exchange: OTCPK
  • Founded: 1990
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$77.319m
  • Shares outstanding: 1.68m
  • Website: https://www.steubentrust.com

Number of Employees


Location

  • Steuben Trust Corporation
  • One Steuben Square
  • Hornell
  • New York
  • 14843-1699
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SBHOOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1975

Biography

Steuben Trust Corporation operates as a bank holding company for Steuben Trust Company which offers financial and banking services to individuals and businesses primarily in Steuben, Allegany, Livingston,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 23:39
End of Day Share Price2019/10/11 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.