OTCPK:TGRF

Stock Analysis Report

Executive Summary

TGR Financial, Inc. operates as the bank holding company for First Florida Integrity Bank that provides various banking products and services to individual and corporate customers in Southwest Florida.


Snowflake Analysis

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has TGR Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0.3%

TGRF

1.0%

US Banks

0.3%

US Market


1 Year Return

6.0%

TGRF

19.1%

US Banks

18.5%

US Market

Return vs Industry: TGRF underperformed the US Banks industry which returned 19.1% over the past year.

Return vs Market: TGRF underperformed the US Market which returned 18.5% over the past year.


Shareholder returns

TGRFIndustryMarket
7 Day0.3%1.0%0.3%
30 Day-0.3%1.0%1.5%
90 Day20.3%12.4%5.7%
1 Year6.0%6.0%22.6%19.1%21.1%18.5%
3 Year60.6%60.6%30.2%21.1%45.9%36.4%
5 Yearn/a77.5%57.8%71.4%52.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is TGR Financial undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether TGR Financial is trading at an attractive price based on the cash flow it is expected to produce in the future. But as TGR Financial has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of TGRF’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through TGR Financial regulatory filings here.
  • Explore potentially undervalued companies in the Banks industry.

Future Growth

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

0.3%

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 TGR Financial 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

  • Take a look at our analysis of TGRF’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access TGR Financial's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has TGR Financial performed over the past 5 years?

16.1%

Historical Banks annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, TGR Financial has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

  • When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at TGR Financial's' management and board experience and expertise to assess their ability to deliver on their strategic promises.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access TGR Financial's filings and announcements here.
  • Explore strong past performing companies in the Banks industry.

Financial Health

How is TGR Financial'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: Insufficient data to determine if TGRF has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if TGRF's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: Insufficient data to determine if TGRF's level of assets compared to its equity is low.

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

Low Risk Liabilities: TGRF reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if TGRF has an acceptable proportion of non-loan assets held.

Low Risk Deposits: TGRF has advanced significantly more loans than the customer deposits it holds.

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


Next Steps

Dividend

What is TGR Financial's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

7.9yrs

Average management tenure


CEO

Gary Tice (71yo)

7.9yrs

Tenure

US$327,057

Compensation

Gary L. Tice serves as Chairman and Director of the First Florida Integrity Bank. Mr. Tice has also served as Chairman, Chief Executive Officer and Director of TGR Financial, Inc. since its inception in 20 ...


Management Age and Tenure

7.9yrs

Average Tenure

69yo

Average Age

Experienced Management: TGRF's management team is seasoned and experienced (7.9 years average tenure).


Board Age and Tenure

7.5yrs

Average Tenure

68yo

Average Age

Experienced Board: TGRF's board of directors are considered experienced (7.5 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

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Management Team

  • Gary Tice (71yo)

    Chairman & CEO

    • Tenure: 7.9yrs
    • Compensation: US$327.06k
  • Garrett Richter (69yo)

    President & Director

    • Tenure: 7.9yrs
    • Compensation: US$250.00k
  • Bob Reichert (56yo)

    Chief Financial Officer

    • Tenure: 8.1yrs
    • Compensation: US$292.03k

Board Members

  • Bob Feerick (70yo)

    Director

    • Tenure: 7.5yrs
  • Gary Tice (71yo)

    Chairman & CEO

    • Tenure: 7.9yrs
    • Compensation: US$327.06k
  • Ed Mace (62yo)

    Director

    • Tenure: 7.5yrs
  • Garrett Richter (69yo)

    President & Director

    • Tenure: 7.9yrs
    • Compensation: US$250.00k
  • John Guinee (53yo)

    Director

    • Tenure: 7.5yrs
  • Jim Lindsay (70yo)

    Director

    • Tenure: 7.5yrs
  • Brad Kopp (67yo)

    Director

    • Tenure: 5.9yrs
  • Adam Compton (53yo)

    Director

    • Tenure: 7.5yrs
  • Don Major (73yo)

    Director

    • Tenure: 5.3yrs
  • Mike Kerschner (66yo)

    Director

    • Tenure: 7.5yrs
    • Compensation: US$12.42k

Company Information

TGR Financial, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information


Number of Employees


Location

  • TGR Financial, Inc.
  • 3560 Kraft Road
  • Naples
  • Florida
  • 34105
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TGRFOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 2016

Biography

TGR Financial, Inc. operates as the bank holding company for First Florida Integrity Bank that provides various banking products and services to individual and corporate customers in Southwest Florida. It  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/09 00:46
End of Day Share Price2019/12/06 00:00
Earnings2017/12/31
Annual Earnings2017/12/31


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.