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TMAK

Touchmark Bancshares OTCPK:TMAK Stock Report

Last Price

US$11.00

Market Cap

US$49.2m

7D

0.7%

1Y

22.2%

Updated

05 Aug, 2022

Data

Company Financials
TMAK fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

TMAK Stock Overview

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.

Touchmark Bancshares Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Touchmark Bancshares
Historical stock prices
Current Share PriceUS$11.00
52 Week HighUS$12.25
52 Week LowUS$9.00
Beta0.25
1 Month Change0%
3 Month Change-0.54%
1 Year Change22.22%
3 Year Change19.56%
5 Year Change24.29%
Change since IPO46.67%

Recent News & Updates

Shareholder Returns

TMAKUS BanksUS Market
7D0.7%0.3%1.0%
1Y22.2%-14.1%-12.8%

Return vs Industry: TMAK exceeded the US Banks industry which returned -13.2% over the past year.

Return vs Market: TMAK exceeded the US Market which returned -12.7% over the past year.

Price Volatility

Is TMAK's price volatile compared to industry and market?
TMAK volatility
TMAK Average Weekly Movementn/a
Banks Industry Average Movement3.7%
Market Average Movement8.1%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market3.2%

Stable Share Price: Insufficient data to determine TMAK's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine TMAK's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/aJ.J. Shahhttps://www.touchmarknb.com

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. The company accepts checking accounts, money market accounts, savings accounts, individual retirement accounts, and certificates of deposit. Its loan portfolio includes commercial line of credit, commercial term loans, commercial construction, commercial real estate, small business administration loans, and government guaranteed lending.

Touchmark Bancshares Fundamentals Summary

How do Touchmark Bancshares's earnings and revenue compare to its market cap?
TMAK fundamental statistics
Market CapUS$49.23m
Earnings (TTM)US$7.58m
Revenue (TTM)US$17.75m

6.5x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TMAK income statement (TTM)
RevenueUS$17.75m
Cost of RevenueUS$0
Gross ProfitUS$17.75m
Other ExpensesUS$10.17m
EarningsUS$7.58m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.69
Gross Margin100.00%
Net Profit Margin42.70%
Debt/Equity Ratio0.0%

How did TMAK perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

30%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is TMAK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TMAK?

Other financial metrics that can be useful for relative valuation.

TMAK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does TMAK's PE Ratio compare to its peers?

TMAK PE Ratio vs Peers
The above table shows the PE ratio for TMAK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8.8x
LSFG Lifestore Financial Group
9.8xn/aUS$48.9m
BEOB BEO Bancorp
6.9xn/aUS$47.9m
BORT Bank of Botetourt
8.2xn/aUS$54.1m
NACB National Capital Bancorp
10.5xn/aUS$46.8m
TMAK Touchmark Bancshares
6.5xn/aUS$49.2m

Price-To-Earnings vs Peers: TMAK is good value based on its Price-To-Earnings Ratio (6.5x) compared to the peer average (8.8x).


Price to Earnings Ratio vs Industry

How does TMAK's PE Ratio compare vs other companies in the US Banks Industry?

Price-To-Earnings vs Industry: TMAK is good value based on its Price-To-Earnings Ratio (6.5x) compared to the US Banks industry average (9.8x)


Price to Earnings Ratio vs Fair Ratio

What is TMAK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TMAK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TMAK's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of TMAK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TMAK ($11) is trading below our estimate of fair value ($29.49)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.4%

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 Touchmark Bancshares 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.


Discover growth companies

  • Examine whether Touchmark Bancshares 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 the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Touchmark Bancshares's filings and announcements here.

Past Performance

How has Touchmark Bancshares performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


21.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TMAK has high quality earnings.

Growing Profit Margin: TMAK's current net profit margins (42.7%) are higher than last year (41.9%).


Past Earnings Growth Analysis

Earnings Trend: TMAK's earnings have grown significantly by 21.5% per year over the past 5 years.

Accelerating Growth: TMAK's earnings growth over the past year (7.6%) is below its 5-year average (21.5% per year).

Earnings vs Industry: TMAK earnings growth over the past year (7.6%) underperformed the Banks industry 9.4%.


Return on Equity

High ROE: TMAK's Return on Equity (11.7%) is considered low.


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Financial Health

How is Touchmark Bancshares's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

6/6

Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: TMAK's Assets to Equity ratio (5x) is low.

Allowance for Bad Loans: TMAK has a sufficient allowance for bad loans (156%).

Low Risk Liabilities: 99% of TMAK's liabilities are made up of primarily low risk sources of funding.

Loan Level: TMAK has an appropriate level of Loans to Assets ratio (83%).

Low Risk Deposits: TMAK's Loans to Deposits ratio (105%) is appropriate.

Level of Bad Loans: TMAK has an appropriate level of bad loans (1.2%).


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Dividend

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

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.55%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: TMAK's dividend (4.55%) is higher than the bottom 25% of dividend payers in the US market (1.53%).

High Dividend: TMAK's dividend (4.55%) is in the top 25% of dividend payers in the US market (4.1%)


Stability and Growth of Payments

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 5 years.


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (29.5%), 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 or that it will be covered by earnings.


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Management

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

4.6yrs

Average management tenure


CEO

J.J. Shah (71 yo)

4.58yrs

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....


Leadership Team

Experienced Management: TMAK's management team is considered experienced (4.6 years average tenure).


Board Members

Experienced Board: TMAK's board of directors are seasoned and experienced ( 15.3 years average tenure).


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

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


Key Information

  • Name: Touchmark Bancshares, Inc.
  • Ticker: TMAK
  • Exchange: OTCPK
  • Founded: 2007
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$49.235m
  • Shares outstanding: 4.48m
  • Website: https://www.touchmarknb.com

Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/05 00:00
End of Day Share Price2022/08/01 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.