OTCPK:WAKE

Stock Analysis Report

Wake Forest Bancshares

Executive Summary

Wake Forest Bancshares, Inc. operates as the holding company for Wake Forest Federal Savings & Loan Association that provides various banking products and services.

Snowflake

Fundamentals

Not a dividend payer with weak fundamentals.

Share Price & News

How has Wake Forest Bancshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

WAKE

1.6%

US Mortgage

0.4%

US Market


1 Year Return

-3.3%

WAKE

15.2%

US Mortgage

6.9%

US Market

Return vs Industry: WAKE underperformed the US Mortgage industry which returned 15.2% over the past year.

Return vs Market: WAKE underperformed the US Market which returned 6.9% over the past year.


Shareholder returns

WAKEIndustryMarket
7 Day0%1.6%0.4%
30 Day0.7%1.0%-1.2%
90 Dayn/a4.0%-0.4%
1 Year-1.6%-3.3%17.7%15.2%9.3%6.9%
3 Year23.4%18.0%41.2%31.8%45.8%36.4%
5 Year39.1%29.0%71.5%53.4%62.9%45.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Wake Forest Bancshares undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Undervalued: WAKE ($19.35) is trading above our estimate of fair value ($6.4)

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


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate WAKE's PE Ratio to determine if it is good value compared to the Mortgage industry average.

PE vs Market: Insufficient data to calculate WAKE's PE Ratio to determine if it is good value compared to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: Insufficient data to calculate WAKE's PB Ratio to determine if it is good value.


Next Steps

Future Growth

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

10.4%

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 Wake Forest Bancshares 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

  • Take a look at our analysis of WAKE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • 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 Wake Forest Bancshares's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has Wake Forest Bancshares performed over the past 5 years?

15.5%

Historical Banks annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Wake Forest Bancshares has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Wake Forest Bancshares's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Wake Forest Bancshares's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Wake Forest Bancshares has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of WAKE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. 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.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Wake Forest Bancshares's financial data was last updated here.
  • Explore more healthy companies in the Banks industry.

Dividend

What is Wake Forest Bancshares's current dividend yield, its reliability and sustainability?

2.07%

Current Dividend Yield


Dividend Yield vs Market

company2.1%marketbottom25%1.4%markettop25%3.7%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: WAKE's dividend (2.07%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: WAKE's dividend (2.07%) is low compared to the top 25% of dividend payers in the US market (3.73%).

Stable Dividend: WAKE's dividend payments have been volatile in the past 10 years.

Growing Dividend: WAKE's dividend payments have fallen over the past 10 years.


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: 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 Wake Forest Bancshares's salary, the management and board of directors tenure and is there insider trading?

6.1yrs

Average board tenure


CEO

Renee Shaw (57yo)

2.2yrs

Tenure

US$150,531

Compensation

Ms. Renee H. Shaw has been Chief Executive Officer and President of Wake Forest Bancshares Inc. since August 2017. Ms. Shaw has been Chief Executive Officer and President of Wake Forest Bancorp, M.H.C. and ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Renee's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Insufficient data to compare Renee's compensation with company performance.


Board Age and Tenure

6.1yrs

Average Tenure

63yo

Average Age

Experienced Board: WAKE's board of directors are considered experienced (6.1 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.


Management Team

  • Wanda Keith

    Compliance Officer & Internal Auditor

    • Tenure: 0yrs
  • Millie Hale

    VP & Controller

    • Tenure: 0yrs
  • Carter Harrell (36yo)

    Senior VP

    • Tenure: 0yrs
    • Compensation: US$99.69k
  • Renee Shaw (57yo)

    President

    • Tenure: 2.2yrs
    • Compensation: US$150.53k

Board Members

  • Anna Sumerlin (73yo)

    Chair of the Board

    • Tenure: 0yrs
    • Compensation: US$30.40k
  • Bob White (63yo)

    Vice Chairman

    • Tenure: 0.3yrs
    • Compensation: US$276.99k
  • John Lyon (82yo)

    Director

    • Tenure: 20.8yrs
    • Compensation: US$24.05k
  • Rodney Privette (64yo)

    Director

    • Tenure: 20.8yrs
    • Compensation: US$26.00k
  • Sue Anthony (60yo)

    Director

    • Tenure: 6.1yrs
    • Compensation: US$27.30k
  • Randy Bright (62yo)

    Director

    • Tenure: 6.5yrs
    • Compensation: US$28.00k
  • Renee Shaw (57yo)

    President

    • Tenure: 2.2yrs
    • Compensation: US$150.53k
  • Michael Moss

    Director

    • Tenure: 1.8yrs

Company Information

Wake Forest Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wake Forest Bancshares, Inc.
  • Ticker: WAKE
  • Exchange: OTCPK
  • Founded: 1922
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$22.349m
  • Shares outstanding: 1.16m
  • Website: https://www.wakeforestfederal.com

Location

  • Wake Forest Bancshares, Inc.
  • 302 Brooks Street
  • Wake Forest
  • North Carolina
  • 27587
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WAKEOTCPK (Pink Sheets LLC)YesCommon StockUSUSDApr 1996

Biography

Wake Forest Bancshares, Inc. operates as the holding company for Wake Forest Federal Savings & Loan Association that provides various banking products and services. It offers now checking accounts, money m ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 23:42
End of Day Share Price2019/10/01 00:00
Earnings2008/06/30
Annual Earnings2007/09/30


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.