Stock Analysis Report

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Santa Cruz County Bank

Executive Summary

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

Snowflake Analysis

Good value with adequate balance sheet.

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 has not had significant price volatility in the past 3 months.

Market Performance

7 Day Return




US Banks


US Market

1 Year Return




US Banks


US Market

Return vs Industry: SCZC underperformed the US Banks industry which returned -15.2% over the past year.

Return vs Market: SCZC underperformed the US Market which returned 18.7% over the past year.

Shareholder returns

7 Day0.2%1.3%0.5%
30 Day0.4%3.9%4.5%
90 Day-5.5%20.1%19.7%
1 Year-27.8%-28.3%-13.7%-16.6%20.5%18.0%
3 Year-9.7%-11.3%-7.2%-14.7%46.3%36.8%
5 Year59.6%54.9%23.2%8.0%87.2%66.8%

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


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


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: SCZC ($35.9) is trading below our estimate of fair value ($55.63)

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 (8.6x) compared to the US Banks industry average (10x).

PE vs Market: SCZC is good value based on its PE Ratio (8.6x) compared to the US market (19.1x).

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 (0.9x) compared to the US Banks industry average (0.8x).

Next Steps

Future Growth

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


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.

Next Steps

  • Examine whether Santa Cruz County Bank is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Santa Cruz County Bank's filings and announcementshere.
  • Explore growth companies in the Banks industry.

Past Performance

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


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SCZC has high quality earnings.

Growing Profit Margin: SCZC's current net profit margins (32.2%) are lower than last year (36.4%).

Past Earnings Growth Analysis

Earnings Trend: SCZC's earnings have grown significantly by 21.9% per year over the past 5 years.

Accelerating Growth: SCZC's earnings growth over the past year (15%) is below its 5-year average (21.9% per year).

Earnings vs Industry: SCZC earnings growth over the past year (15%) exceeded the Banks industry -2.9%.

Return on Equity

High ROE: SCZC's Return on Equity (9.4%) is considered low.

Next Steps

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.

Next Steps


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


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SCZC's dividend (0.84%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: SCZC's dividend (0.84%) is low compared to the top 25% of dividend payers in the US market (4.31%).

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 7 years.

Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (7.2%), 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


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


Average board tenure


David Heald (71 yo)



Mr. David V. Heald is a Founder of Santa Cruz County Bank and serves as its President and Chief Executive Officer. He is Director of Santa Cruz County Bank since 2004. He was Vice Chairman of Santa Cruz Co ...

Board Members

William Hansen
Founder & Chairman3.25yrsno datano data
David Heald
Founder14.42yrsno datano data
Thomas Griffin
Founder & Director16.58yrsno datano data
George Gallucci
Founder & Director16.58yrsno datano data
Kenneth Chappell
Founder & Directorno datano datano data
Tila Bañuelos
Founder & Director16.58yrsno datano data
John Burroughs
Vice Chairman0.58yrno datano data
Craig French
Director0.83yrno datano data
Stephen Pahl
Director0.83yrno datano data
James Weisenstein
Director0.83yrno datano data


Average Tenure


Average Age

Experienced Board: SCZC's board of directors are considered experienced (3.3 years average tenure).


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 been substantially diluted in the past year, with total shares outstanding growing by 56.9%.

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$138.252m
  • Shares outstanding: 3.85m
  • Website: https://www.sccountybank.com


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


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SCZCOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMar 2004


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 Analysis2020/08/14 12:29
End of Day Share Price2020/08/13 00:00
Annual Earnings2019/12/31

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.