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Santa Cruz County Bank

Market Cap

US$195.7m

Last Updated

2021/04/13 22:28 UTC

Data Sources

Company Financials

Executive Summary

Santa Cruz County Bank provides a range of commercial and personal banking services to residents and businesses in Santa Cruz County, California. More Details

Rewards

Trading at 23.6% below our estimate of its fair value

Earnings grew by 42.8% over the past year

Risk Analysis

No risks detected for SCZC from our risk checks.


Snowflake Analysis

Solid track record and good value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SCZC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SCZC's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-2.6%

SCZC

-0.1%

US Banks

1.3%

US Market


1 Year Return

36.1%

SCZC

65.1%

US Banks

53.9%

US Market

Return vs Industry: SCZC underperformed the US Banks industry which returned 64.6% over the past year.

Return vs Market: SCZC underperformed the US Market which returned 57.9% over the past year.


Shareholder returns

SCZCIndustryMarket
7 Day-2.6%-0.1%1.3%
30 Day-5.4%-1.9%2.8%
90 Day11.2%13.3%6.6%
1 Year37.2%36.1%70.6%65.1%56.6%53.9%
3 Year2.2%0.1%26.1%15.3%62.7%52.3%
5 Year90.4%84.6%98.0%73.0%120.5%95.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Santa Cruz County Bank undervalued compared to its fair value and its price relative to the market?

24.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SCZC ($50.7) is trading below our estimate of fair value ($66.32)

Significantly Below Fair Value: SCZC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SCZC is good value based on its PE Ratio (11.1x) compared to the US Banks industry average (13.2x).

PE vs Market: SCZC is good value based on its PE Ratio (11.1x) compared to the US market (22.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SCZC is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).


Future Growth

How is Santa Cruz County Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.4%

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 Santa Cruz County Bank 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.


Past Performance

How has Santa Cruz County Bank performed over the past 5 years?

23.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SCZC has high quality earnings.

Growing Profit Margin: SCZC's current net profit margins (34.8%) are higher than last year (32.2%).


Past Earnings Growth Analysis

Earnings Trend: SCZC's earnings have grown significantly by 23.6% per year over the past 5 years.

Accelerating Growth: SCZC's earnings growth over the past year (42.8%) exceeds its 5-year average (23.6% per year).

Earnings vs Industry: SCZC earnings growth over the past year (42.8%) exceeded the Banks industry 1.4%.


Return on Equity

High ROE: SCZC's Return on Equity (11.6%) is considered low.


Financial Health

How is Santa Cruz County 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


Financial Institutions Analysis

Asset Level: SCZC's Assets to Equity ratio (7.1x) is low.

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

Low Risk Liabilities: 98% of SCZC's liabilities are made up of primarily low risk sources of funding.

Loan Level: SCZC has an appropriate level of Loans to Assets ratio (68%).

Low Risk Deposits: SCZC's Loans to Deposits ratio (80%) is appropriate.

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


Dividend

What is Santa Cruz County Bank current dividend yield, its reliability and sustainability?

0.79%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SCZC's dividend (0.79%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.26%).

High Dividend: SCZC's dividend (0.79%) is low compared to the top 25% of dividend payers in the US market (3.5%).


Stability and Growth of Payments

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

Growing Dividend: SCZC's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (6.6%), SCZC's dividend payments are thoroughly 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

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

2.7yrs

Average board tenure


CEO

Krista Snelling (45 yo)

0.083

Tenure

Ms. Krista Snelling has been President and Chief Executive Officer at Santa Cruz County Bank since March 1, 2021. She was Executive Vice President and Chief Operating Officer of Five Star Bank and Five Sta...


Board Members

Experienced Board: SCZC's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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

Santa Cruz County Bank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Santa Cruz County Bank
  • Ticker: SCZC
  • Exchange: OTCPK
  • Founded: 2003
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$195.670m
  • Shares outstanding: 3.86m
  • Website: https://www.sccountybank.com

Location

  • Santa Cruz County Bank
  • 75 River Street
  • Santa Cruz
  • California
  • 95060
  • United States

Listings


Biography

Santa Cruz County Bank provides a range of commercial and personal banking services to residents and businesses in Santa Cruz County, California. Its primary deposit products include checking, savings, and...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/13 22:28
End of Day Share Price2021/04/13 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.