OTCPK:TRUX

Stock Analysis Report

Executive Summary

Truxton Corporation operates as the holding company for Truxton Trust Company that provides various banking, investment management, and trust administration services to individuals, businesses, and charitable institutions.


Snowflake Analysis

Solid track record with adequate balance sheet.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

13.5%

TRUX

14.6%

US Banks

9.4%

US Market


1 Year Return

2.4%

TRUX

-24.3%

US Banks

-6.8%

US Market

Return vs Industry: TRUX exceeded the US Banks industry which returned -28.9% over the past year.

Return vs Market: TRUX exceeded the US Market which returned -10% over the past year.


Shareholder returns

TRUXIndustryMarket
7 Day13.5%14.6%9.4%
30 Day0%-4.4%-3.9%
90 Day-10.8%-33.9%-16.5%
1 Year7.0%2.4%-22.0%-24.3%-4.8%-6.8%
3 Year50.4%33.3%-8.3%-15.1%23.4%15.2%
5 Year109.1%75.0%16.7%3.3%41.3%25.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

17.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TRUX ($39.75) is trading below our estimate of fair value ($50.8)

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


Price To Earnings Ratio

PE vs Industry: TRUX is poor value based on its PE Ratio (11.3x) compared to the Banks industry average (8.7x).

PE vs Market: TRUX is good value based on its PE Ratio (11.3x) compared to the US market (13x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TRUX is overvalued based on its PB Ratio (1.7x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

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

-4.6%

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 Truxton 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 Truxton 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 Truxton's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has Truxton performed over the past 5 years?

17.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TRUX has high quality earnings.

Growing Profit Margin: TRUX's current net profit margins (36%) are higher than last year (32.4%).


Past Earnings Growth Analysis

Earnings Trend: TRUX's earnings have grown by 17.1% per year over the past 5 years.

Accelerating Growth: TRUX's earnings growth over the past year (21.9%) exceeds its 5-year average (17.1% per year).

Earnings vs Industry: TRUX earnings growth over the past year (21.9%) exceeded the Banks industry 10.8%.


Return on Equity

High ROE: TRUX's Return on Equity (15.4%) is considered low.


Next Steps

Financial Health

How is Truxton'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: TRUX's level of assets compared to its equity is low.

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

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

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

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

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


Next Steps

Dividend

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

2.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TRUX's dividend (2.82%) is higher than the bottom 25% of dividend payers in the US market (1.93%).

High Dividend: TRUX's dividend (2.82%) is low compared to the top 25% of dividend payers in the US market (5.46%).


Stability and Growth of Payments

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

Growing Dividend: TRUX's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (28.3%), TRUX'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

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

9.3yrs

Average board tenure


CEO

Tom Stumb (56yo)

11.25s

Tenure

Mr. Thomas S. Stumb, also known as Tom, serves as the Chairman and Chief Executive Officer for Truxton Trust Company and has also served as a member of its Board of Directors since the firm’s inception in  ...


Board Members

NamePositionTenureCompensationOwnership
Thomas Stumb
Chairman of the Board & CEO11.25yrsno data4.67% $5.5m
Andrew May
President4.25yrsno data2.76% $3.3m
Charles Cook
Chairman Emeritus4.25yrsno datano data
Deborah McDermott
Director8.92yrsno data0.022% $25.7k
Gustavus Puryear
Director11.25yrsno data0.17% $197.9k
Matthew King
Lead Outside Director9.75yrsno data0.62% $728.1k
David Dobie
Director11.25yrsno data0.029% $34.1k
Decosta Jenkins
Director11.25yrsno data0.23% $277.7k
Stanley Ezell
Director11.25yrsno data0.33% $392.7k
Jeffrey Buntin
Director5.92yrsno data0.19% $222.6k

9.3yrs

Average Tenure

60yo

Average Age

Experienced Board: TRUX's board of directors are considered experienced (9.3 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 been diluted in the past year, with total shares outstanding growing by 4.3%.


Top Shareholders

Company Information

Truxton Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Truxton Corporation
  • Ticker: TRUX
  • Exchange: OTCPK
  • Founded: 2004
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$118.329m
  • Shares outstanding: 2.82m
  • Website: https://www.truxtontrust.com

Location

  • Truxton Corporation
  • 4525 Harding Road
  • Suite 300
  • Nashville
  • Tennessee
  • 37205
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TRUXOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 2009

Biography

Truxton Corporation operates as the holding company for Truxton Trust Company that provides various banking, investment management, and trust administration services to individuals, businesses, and charitable institutions. The company’s primary deposit products include checking, savings, and money market accounts, as well as demand deposits and certificates of deposit; and primary lending products comprise residential and commercial real estate mortgages, commercial loans, construction and land development loans, and consumer loans. It also provides wealth management services, such as asset management, trust, financial and retirement planning, estate administration and planning, life insurance, and family office services, as well as treasury management services. In addition, the company offers online and mobile banking, Xpress deposit, and online bill payment services. The company was formerly known as NBT Holdings Inc. and changed its name to Truxton Corporation in May 2013. Truxton Corporation was founded in 2004 and is based in Nashville, Tennessee. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/09 23:57
End of Day Share Price2020/04/09 00:00
Earnings2019/12/31
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.