OTCPK:TWCF

Stock Analysis Report

Town and Country Financial

Executive Summary

Town and Country Financial Corporation operates as a bank holding company for Town and Country Bank that provides a range of banking and financial services to individuals, organizations, and businesses in central and metro-east areas of Illinois.


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

TWCF

2.9%

US Banks

5.3%

US Market


1 Year Return

3.8%

TWCF

-27.8%

US Banks

-10.7%

US Market

Return vs Industry: TWCF exceeded the US Banks industry which returned -26.4% over the past year.

Return vs Market: TWCF exceeded the US Market which returned -10.4% over the past year.


Shareholder returns

TWCFIndustryMarket
7 Day0%2.9%5.3%
30 Day-11.4%-26.3%-13.6%
90 Day-11.1%-39.3%-19.8%
1 Year5.0%3.8%-25.6%-27.8%-8.9%-10.7%
3 Year11.2%8.2%-17.1%-23.1%15.5%8.0%
5 Year78.2%70.4%10.9%-1.7%35.2%20.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

32.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TWCF ($20) is trading below our estimate of fair value ($29.56)

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


Price To Earnings Ratio

PE vs Industry: TWCF is good value based on its PE Ratio (7.4x) compared to the Banks industry average (8.9x).

PE vs Market: TWCF is good value based on its PE Ratio (7.4x) compared to the US market (13.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

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


Next Steps

Future Growth

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

-1.2%

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 Town and Country 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

  • Examine whether Town and Country Financial 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 Town and Country Financial's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has Town and Country Financial performed over the past 5 years?

17.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TWCF has high quality earnings.

Growing Profit Margin: TWCF's current net profit margins (22%) are higher than last year (19.2%).


Past Earnings Growth Analysis

Earnings Trend: TWCF's earnings have grown by 17.7% per year over the past 5 years.

Accelerating Growth: TWCF's earnings growth over the past year (19.2%) exceeds its 5-year average (17.7% per year).

Earnings vs Industry: TWCF earnings growth over the past year (19.2%) exceeded the Banks industry 10.9%.


Return on Equity

High ROE: TWCF's Return on Equity (11.2%) is considered low.


Next Steps

Financial Health

How is Town and Country 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: TWCF has a low level of unsold assets or inventory.

Debt Coverage by Assets: TWCF's debt is not covered by short term assets (assets are 0.3x debt).


Financial Institutions Analysis

Asset Level: TWCF's level of assets compared to its equity is moderate.

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

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

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

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

Level of Bad Loans: TWCF has an appropriate level of bad loans (0.67%)


Next Steps

Dividend

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

1.40%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TWCF's dividend (1.4%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.95%).

High Dividend: TWCF's dividend (1.4%) is low compared to the top 25% of dividend payers in the US market (5.4%).


Stability and Growth of Payments

Stable Dividend: TWCF's dividends per share have been stable in the past 10 years.

Growing Dividend: TWCF's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (3.7%), TWCF's dividend payments are thoroughly 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?

8.8yrs

Average management tenure


CEO

Micah Bartlett (46yo)

9.25s

Tenure

Mr. Micah R. Bartlett has been the Chief Executive Officer of Town and Country Financial Corp. since January 29, 2011. He has been the President of Town and Country Financial Corporation since January 2008 ...


Leadership Team

NamePositionTenureCompensationOwnership
David Kirschner
Executive Chairman of the Board19.25yrsno datano data
Micah Bartlett
President9.25yrsno datano data
J. Cheatham
Executive VPno datano datano data
Dana Dow
Chief Operating Officerno datano datano data
Joseph Pauk
Executive Vice President of Operations & Technologyno datano datano data
Grant Franklin
Chief Sales Officerno datano datano data
Jason Barth
Chief Talent Officer8.83yrsno datano data
David Rutledge
Executive VP & Community Bank President2.42yrsno datano data
Lawrence Anderson
Executive VP & Community Bank President of Macon County - Town and Country Bankno datano datano data

8.8yrs

Average Tenure

Experienced Management: TWCF's management team is seasoned and experienced (8.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Kirschner
Executive Chairman of the Board19.25yrsno datano data
Micah Bartlett
President9.25yrsno datano data
Louis Dixon
Director20.25yrsno datano data
John Cobb
Director20.25yrsno datano data
Mark Roberts
Director27.25yrsno datano data
Donald Evans
Director9.5yrsno datano data
Bart Solon
Director4.17yrsno datano data

19.3yrs

Average Tenure

Experienced Board: TWCF's board of directors are seasoned and experienced ( 19.2 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

Town and Country Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Town and Country Financial Corporation
  • Ticker: TWCF
  • Exchange: OTCPK
  • Founded: 1962
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$56.968m
  • Shares outstanding: 2.85m
  • Website: https://www.townandcountrybank.com

Number of Employees


Location

  • Town and Country Financial Corporation
  • 3601 West Wabash Avenue
  • Springfield
  • Illinois
  • 62711
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TWCFOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 1993

Biography

Town and Country Financial Corporation operates as a bank holding company for Town and Country Bank that provides a range of banking and financial services to individuals, organizations, and businesses in central and metro-east areas of Illinois. It accepts various deposits products, such as checking, savings, health savings, money market, and individual retirement accounts, as well as certificates of deposit. The company also provides various loan products, such as auto, personal, mortgage, home equity, home improvement, land and lot, and bridge loans; business term, lines of credit, small business administration, and commercial real estate loans, as well as public finance package that includes public fund deposit and treasury management solutions; and farm loans, such as farm real estate loans, equipment loans, agricultural lines of credit, and farm management solutions. In addition, it offers debit and credit cards; lease financing; safe deposit boxes, cashier’s checks, money transfer services, notary, and electronic transfer services; online banking and bill pay, cash management, mobile banking, merchant, overdraft protection services; and personal and business financial planning services. Town and Country Financial Corporation was founded in 1962 and is based in Springfield, Illinois. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/01 07:54
End of Day Share Price2020/03/13 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.