OTCPK:VLLX

Stock Analysis Report

Valley Republic Bancorp

Executive Summary

Valley Republic Bancorp operates as a bank holding company for Valley Republic Bank that provides various banking products and services for small and middle-market businesses, and individuals.

Snowflake

Fundamentals

Adequate balance sheet with proven track record.


Similar Companies

Share Price & News

How has Valley Republic Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.6%

VLLX

4.1%

US Banks

1.0%

US Market


1 Year Return

-15.2%

VLLX

7.2%

US Banks

8.0%

US Market

Return vs Industry: VLLX underperformed the US Banks industry which returned 7.2% over the past year.

Return vs Market: VLLX underperformed the US Market which returned 8% over the past year.


Shareholder returns

VLLXIndustryMarket
7 Day-0.6%4.1%1.0%
30 Day-5.1%2.8%-0.07%
90 Day-6.7%2.9%-1.0%
1 Year-15.2%-15.2%10.3%7.2%10.4%8.0%
3 Year96.0%96.0%53.9%43.3%46.2%36.7%
5 Year91.2%91.2%71.9%53.1%64.3%46.2%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Valley Republic Bancorp undervalued compared to its fair value and its price relative to the market?

11.4x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: VLLX ($28) is trading above our estimate of fair value ($21.71)

Significantly Below Fair Value: VLLX is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: VLLX is good value based on its PE Ratio (11.4x) compared to the Banks industry average (12.6x).

PE vs Market: VLLX is good value based on its PE Ratio (11.4x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: VLLX is overvalued based on its PB Ratio (1.6x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Valley Republic Bancorp 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: VLLX's forecast earnings growth (2.5% per year) is below the savings rate (2.7%).

Earnings vs Market: VLLX's earnings (2.5% per year) are forecast to grow slower than the US market (14.5% per year).

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

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

High Growth Revenue: Insufficient data to determine if VLLX's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if VLLX's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Valley Republic Bancorp performed over the past 5 years?

28.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: VLLX's earnings have grown significantly by 28.6% per year over the past 5 years.

Accelerating Growth: VLLX's earnings growth over the past year (43.4%) exceeds its 5-year average (28.6% per year).

Earnings vs Industry: VLLX earnings growth over the past year (43.4%) exceeded the Banks industry 30.1%.


Return on Equity

High ROE: VLLX's Return on Equity (13.5%) is considered low.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Valley Republic Bancorp'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: VLLX has a low level of unsold assets or inventory.

Debt Coverage by Assets: VLLX's debt is covered by short term assets (assets are 7.111050x debt).


Financial Institutions Analysis

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

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

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

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

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

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


Next Steps

Dividend

What is Valley Republic Bancorp's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate VLLX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate VLLX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if VLLX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VLLX'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 VLLX's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Valley Republic Bancorp's salary, the management and board of directors tenure and is there insider trading?

2.2yrs

Average management tenure


CEO

Geraud Smith 0

0.6yrs

Tenure

0

Mr. Geraud Smith has been President and Chief Executive Officer of Valley Republic Bank and Valley Republic Bancorp since March 1, 2019 and its Director since March 20, 2019. Mr. Smith served as Senior Exe ...


Management Age and Tenure

2.2yrs

Average Tenure

67yo

Average Age

Experienced Management: VLLX's management team is considered experienced (2.2 years average tenure).


Board Age and Tenure

3.8yrs

Average Tenure

67yo

Average Age

Experienced Board: VLLX's board of directors are considered experienced (3.8 years average tenure).


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

  • Phil McLaughlin (62yo)

    Executive VP & Sales Manager

    • Tenure: 3.8yrs
    • Compensation: US$361.75k
  • Steve Annis (71yo)

    Executive VP & COO

    • Tenure: 0.4yrs
    • Compensation: US$397.92k
  • Geraud Smith

    President

    • Tenure: 0.6yrs
  • Jack Smith (67yo)

    Chief Credit Officer & Executive VP

    • Tenure: 3.8yrs
    • Compensation: US$342.35k
  • Marcy Unruh

    Senior VP & Corporate Secretary

    • Tenure: 0yrs

Board Members

  • Gene Voiland (72yo)

    Chairman of the Board

    • Tenure: 3.8yrs
    • Compensation: US$37.50k
  • Bruce Jay (68yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$561.65k
  • Annette Davis (65yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$26.00k
  • Anthony Leggio (67yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$30.50k
  • Geraud Smith

    President

    • Tenure: 0.6yrs
  • Greg Bynum (68yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$27.50k
  • Angelo Mazzei (75yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$20.00k
  • Willy Reyneveld (57yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$27.50k
  • Carlos Sanchez (53yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$26.00k
  • Warner Williams (67yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$23.00k

Company Information

Valley Republic Bancorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Valley Republic Bancorp
  • Ticker: VLLX
  • Exchange: OTCPK
  • Founded: 2009
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$116.173m
  • Shares outstanding: 4.15m
  • Website: https://www.valleyrepublicbank.com

Location

  • Valley Republic Bancorp
  • 5000 California Avenue
  • Suite 110
  • Bakersfield
  • California
  • 93309
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VLLXOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 2009

Biography

Valley Republic Bancorp operates as a bank holding company for Valley Republic Bank that provides various banking products and services for small and middle-market businesses, and individuals. The company  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 00:21
End of Day Share Price2019/10/18 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.