OTCPK:TYBT

Stock Analysis Report

Executive Summary

Trinity Bank, N.A. provides personal and business banking products and services in Texas.

Snowflake

Fundamentals

Flawless balance sheet with questionable track record.

Share Price & News

How has Trinity Bank N.A's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

TYBT

2.7%

US Banks

0.4%

US Market


1 Year Return

n/a

TYBT

2.7%

US Banks

6.9%

US Market

Return vs Industry: Insufficient data to determine how TYBT performed against the US Banks industry.

Return vs Market: Insufficient data to determine how TYBT performed against the US Market.


Shareholder returns

TYBTIndustryMarket
7 Day0%2.7%0.4%
30 Day0%0.7%-1.1%
90 Day4.0%3.0%-0.5%
1 Yearn/a5.7%2.7%9.3%6.9%
3 Year31.8%25.0%52.1%41.6%45.8%36.4%
5 Year72.7%58.2%69.2%50.7%62.9%45.1%

Price Volatility Vs. Market

How volatile is Trinity Bank N.A's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Trinity Bank N.A undervalued compared to its fair value and its price relative to the market?

18.01x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: TYBT ($65) is trading above our estimate of fair value ($37.05)

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


Price To Earnings Ratio

PE vs Industry: TYBT is poor value based on its PE Ratio (18x) compared to the Banks industry average (12.6x).

PE vs Market: TYBT is poor value based on its PE Ratio (18x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TYBT is overvalued based on its PB Ratio (2x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Trinity Bank N.A forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TYBT's forecast earnings growth (2.5% per year) is below the savings rate (2.7%).

Earnings vs Market: TYBT's earnings (2.5% per year) are forecast to grow slower than the US market (14.6% per year).

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

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

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


Next Steps

Past Performance

How has Trinity Bank N.A performed over the past 5 years?

5.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: TYBT's earnings have grown by 5.5% per year over the past 5 years.

Accelerating Growth: TYBT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TYBT had negative earnings growth (-0.4%) over the past year, making it difficult to compare to the Banks industry average (29.6%).


Return on Equity

High ROE: TYBT's Return on Equity (11.3%) is considered low.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Trinity Bank N.A'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: TYBT has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if TYBT's debt is covered by short term assets.


Financial Institutions Analysis

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

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

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

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

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

Level of Bad Loans: TYBT has an appropriate level of bad loans (0.29%)


Next Steps

Dividend

What is Trinity Bank N.A's current dividend yield, its reliability and sustainability?

1.75%

Current Dividend Yield


Dividend Yield vs Market

company1.8%marketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: TYBT's dividend (1.75%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: TYBT's dividend (1.75%) is low compared to the top 25% of dividend payers in the US market (3.73%).

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

Growing Dividend: TYBT's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (15.8%), TYBT'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 Trinity Bank N.A's salary, the management and board of directors tenure and is there insider trading?

US$79k

CEO Compensation


CEO

Jeff Harp (71yo)

0yrs

Tenure

US$78,520

Compensation

Jeffrey M. Harp had served with Summit National Bank of Fort Worth, Texas, as President and Chief Executive Officer from January 1991 to January 2001, and as President of Summit Bancshares, Inc. from Janua ...


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Jeff Harp (71yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: US$78.52k
  • Kris Nordyke

    Senior Vice President

    • Tenure: 3.7yrs
  • Richard Burt (63yo)

    Executive Vice President

    • Tenure: 0yrs
    • Compensation: US$144.33k
  • Barney Wiley

    Executive Vice President

    • Tenure: 0yrs
  • Matt Opitz

    Executive Vice President

    • Tenure: 1.8yrs

Board Members

  • Jeff Harp (71yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: US$78.52k
  • Jimmy Bilderback

    Director

    • Tenure: 0yrs
  • Linda Jackson

    Director

    • Tenure: 0yrs
  • Malcolm Street (76yo)

    Director

    • Tenure: 0yrs
  • Matt Johnson

    Director

    • Tenure: 0yrs
  • Byron Gossett

    Director

    • Tenure: 3.7yrs
  • Troy Jackson

    Director

    • Tenure: 0.5yrs

Company Information

Trinity Bank, N.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Trinity Bank, N.A.
  • Ticker: TYBT
  • Exchange: OTCPK
  • Founded: 2003
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$72.215m
  • Shares outstanding: 1.11m
  • Website: https://www.trinitybk.com

Number of Employees


Location

  • Trinity Bank, N.A.
  • 3500 West Vickery Boulevard
  • Fort Worth
  • Texas
  • 76107
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TYBTOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2003

Biography

Trinity Bank, N.A. provides personal and business banking products and services in Texas. Its personal banking products and services include deposit accounts, including checking, interest bearing checking, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 23:46
End of Day Share Price2019/09/24 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.