OTCPK:TMAK

Stock Analysis Report

Touchmark Bancshares

Executive Summary

Touchmark Bancshares, Inc. operates as the bank holding company for Touchmark National Bank that provides various banking products and services to individuals and businesses in Georgia.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Share Price & News

How has Touchmark Bancshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

TMAK

1.7%

US Banks

1.3%

US Market


1 Year Return

-5.7%

TMAK

0.3%

US Banks

5.9%

US Market

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

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


Shareholder returns

TMAKIndustryMarket
7 Day0%1.7%1.3%
30 Day0%-2.4%-1.9%
90 Day1.6%1.0%-1.8%
1 Year-5.7%-5.7%3.2%0.3%8.3%5.9%
3 Year36.3%36.3%52.1%41.7%45.6%36.2%
5 Year125.7%125.7%69.8%51.4%66.1%47.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Touchmark Bancshares undervalued compared to its fair value and its price relative to the market?

7.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: TMAK ($9.05) is trading above our estimate of fair value ($7.77)

Significantly Undervalued: TMAK is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TMAK is good value based on its PE Ratio (7.9x) compared to the Banks industry average (12.5x).

PE vs Market: TMAK is good value based on its PE Ratio (7.9x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TMAK is good value based on its PB Ratio (0.8x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

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

6.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TMAK's forecast earnings growth (6.6% per year) is above the savings rate (2.7%).

Earnings vs Market: TMAK's earnings (6.6% per year) are forecast to grow slower than the US market (14.4% per year).

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

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

High Growth Revenue: Insufficient data to determine if TMAK'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 TMAK's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Touchmark Bancshares performed over the past 5 years?

35.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: TMAK's earnings have grown significantly by 35.8% per year over the past 5 years.

Accelerating Growth: TMAK's earnings growth over the past year (56.5%) exceeds its 5-year average (35.8% per year).

Earnings vs Industry: TMAK earnings growth over the past year (56.5%) exceeded the Banks industry 31.8%.


Return on Equity

High ROE: TMAK's Return on Equity (9.8%) is considered low.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Touchmark Bancshares'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: TMAK has a low level of unsold assets or inventory.

Debt Coverage by Assets: TMAK's debt is covered by short term assets (assets are 3.271640x debt).


Financial Institutions Analysis

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

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

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

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

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

Level of Bad Loans: TMAK has an appropriate level of bad loans (0.83%)


Next Steps

Dividend

What is Touchmark Bancshares's current dividend yield, its reliability and sustainability?

3.31%

Current Dividend Yield


Dividend Yield vs Market

company3.3%marketbottom25%1.5%markettop25%3.8%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: TMAK's dividend (3.31%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: TMAK's dividend (3.31%) is low compared to the top 25% of dividend payers in the US market (3.77%).

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

Growing Dividend: TMAK's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.3%), TMAK'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 Touchmark Bancshares's salary, the management and board of directors tenure and is there insider trading?

6.3yrs

Average management tenure


CEO

J.J. Shah (68yo)

1.8yrs

Tenure

US$75,250

Compensation

Dr. Jayendrakumar J. Shah, also known as J.J., M.D., has been an Orthopedic Surgeon and President and Owner of Gwinnett Clinic, Ltd. since 1984. Dr. Shah is a founding Organizer of Touchmark National Bank. ...


Management Age and Tenure

6.3yrs

Average Tenure

Experienced Management: TMAK's management team is seasoned and experienced (6.3 years average tenure).


Board Age and Tenure

12.5yrs

Average Tenure

68yo

Average Age

Experienced Board: TMAK's board of directors are seasoned and experienced ( 12.5 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.


Management Team

  • J.J. Shah (68yo)

    Chairman

    • Tenure: 1.8yrs
    • Compensation: US$75.25k
  • Trae Dorough (48yo)

    Chief Lending Officer

    • Tenure: 6.3yrs
  • Kellie Pressnall

    Executive VP & CFO

    • Tenure: 6.3yrs

Board Members

  • HP Rama (70yo)

    Director

    • Tenure: 12.5yrs
    • Compensation: US$60.20k
  • Vivian Wong (79yo)

    Vice Chairman of the Board

    • Tenure: 12.8yrs
    • Compensation: US$71.08k
  • Sudhirkumar Patel (60yo)

    Director

    • Tenure: 12.5yrs
    • Compensation: US$60.20k
  • Meena Shah (67yo)

    Director

    • Tenure: 12.5yrs
    • Compensation: US$75.25k
  • J.J. Shah (68yo)

    Chairman

    • Tenure: 1.8yrs
    • Compensation: US$75.25k
  • Mukund Raja (69yo)

    Director

    • Tenure: 11.2yrs
    • Compensation: US$4.02k
  • William Crosby (65yo)

    Director

    • Tenure: 9.6yrs
  • Mahendra Shah

    Director

    • Tenure: 0yrs

Company Information

Touchmark Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Touchmark Bancshares, Inc.
  • Ticker: TMAK
  • Exchange: OTCPK
  • Founded: 2007
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$40.507m
  • Shares outstanding: 4.48m
  • Website: https://www.touchmarknb.com

Location

  • Touchmark Bancshares, Inc.
  • 3651 Old Milton Parkway
  • Alpharetta
  • Georgia
  • 30005
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TMAKOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 2008

Biography

Touchmark Bancshares, Inc. operates as the bank holding company for Touchmark National Bank that provides various banking products and services to individuals and businesses in Georgia. Its deposit product ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:55
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.