Three Shores Bancorporation, Inc. operates as a bank holding company for Seaside National Bank & Trust that offers commercial banking products and services in Florida.
Adequate balance sheet with questionable track record.
Share Price & News
How has Three Shores Bancorporation's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TSHR has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how TSHR performed against the US Banks industry.
Return vs Market: Insufficient data to determine how TSHR performed against the US Market.
Price Volatility Vs. Market
How volatile is Three Shores Bancorporation's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Three Shores Bancorporation undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TSHR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TSHR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TSHR is poor value based on its PE Ratio (16.1x) compared to the Banks industry average (12.8x).
PE vs Market: TSHR is good value based on its PE Ratio (16.1x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TSHR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TSHR is overvalued based on its PB Ratio (1.4x) compared to the US Banks industry average (1.2x).
How is Three Shores Bancorporation 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 Three Shores Bancorporation 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.
- Examine Three Shores Bancorporation's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- 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 Three Shores Bancorporation's filings and announcements here.
- Explore growth companies in the Banks industry.
How has Three Shores Bancorporation performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TSHR has high quality earnings.
Growing Profit Margin: TSHR's current net profit margins (25.6%) are lower than last year (28.1%).
Past Earnings Growth Analysis
Earnings Trend: TSHR's earnings have grown significantly by 20.4% per year over the past 5 years.
Accelerating Growth: TSHR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TSHR had negative earnings growth (-15.4%) over the past year, making it difficult to compare to the Banks industry average (27.1%).
Return on Equity
High ROE: TSHR's Return on Equity (8.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Three Shores Bancorporation's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: TSHR has a low level of unsold assets or inventory.
Debt Coverage by Assets: TSHR's debt is not covered by short term assets (assets are 0.4x debt).
Financial Institutions Analysis
Asset Level: TSHR's level of assets compared to its equity is moderate.
Allowance for Bad Loans: Insufficient data to determine if TSHR has a sufficient allowance for bad loans.
Low Risk Liabilities: TSHR's liabilities are made up of primarily low risk sources of funding.
Loan Level: TSHR has an acceptable proportion of non-loan assets held.
Low Risk Deposits: TSHR's loans are broadly funded by customer deposits.
Level of Bad Loans: Insufficient data to determine if TSHR has an appropriate level of bad loans.
What is Three Shores Bancorporation's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate TSHR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TSHR'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 TSHR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TSHR'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 TSHR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
What is the CEO of Three Shores Bancorporation's salary, the management and board of directors tenure and is there insider trading?
Average board tenure
Gideon Haymaker (60yo)
Mr. Gideon T. Haymaker is Founder, Chief Executive Officer, President and Director of Three Shores Bancorporation, Inc. and President and Chief Executive Officer of Seaside National Bank & Trust. From 2000 ...
Board Age and Tenure
Experienced Board: TSHR's board of directors are seasoned and experienced ( 10.1 years average tenure).
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.3%.
Gideon Haymaker (60yo)
Senior VP & CFO
Chief Operating Officer
Brian Golson (49yo)
- Tenure: 10.1yrs
John Cochran (48yo)
- Tenure: 10.1yrs
Tom O'Shane (71yo)
Gideon Haymaker (60yo)
Tom Yochum (75yo)
Chairman of the Board
- Tenure: 10.1yrs
Three Shores Bancorporation, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Three Shores Bancorporation, Inc.
- Ticker: TSHR
- Exchange: OTCPK
- Founded: 2009
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$234.403m
- Shares outstanding: 24.29m
- Website: https://www.threeshoresbancorporation.com
- Three Shores Bancorporation, Inc.
- 201 South Orange Avenue
- Suite 1350
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TSHR||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Mar 2018|
Three Shores Bancorporation, Inc. operates as a bank holding company for Seaside National Bank & Trust that offers commercial banking products and services in Florida. The company, through its subsidiary, provides private banking, commercial banking, wealth management, trust services, and insurance. The company was incorporated in 2009 and is based in Orlando, Florida.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/01/18 00:48|
|End of Day Share Price||2020/01/17 00:00|
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.