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WAYN Stock Overview

Operates as the holding company for Main Street Bank Corp. More details

WAYN fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 64.9% below our estimate of its fair value

Pays a reliable dividend of 3.79%

Risk Analysis

Does not have a meaningful market cap ($53M)

My Notes

Capture your thoughts, links and company narrative

Main Street Financial Services Corp. Competitors

Consumers Bancorp

OTCPK:CBKM

US$59.9m

Century Financial

OTCPK:CYFL

US$66.4m

Potomac Bancshares

OTCPK:PTBS

US$64.8m

Skyline Bankshares

OTCPK:SLBK

US$69.5m

Price History & Performance

Summary of share price highs, lows and changes for Wayne Savings Bancshares
Historical stock prices
Current Share Price	US$24.27
52 Week High	US$28.50
52 Week Low	US$22.25
Beta	0.27
1 Month Change	0.29%
3 Month Change	0.91%
1 Year Change	-5.64%
3 Year Change	-4.79%
5 Year Change	16.40%
Change since IPO	487.02%

Recent updates

Shareholder Returns

	WAYN	US Banks	US Market
7D	1.9%	1.8%	-0.3%
1Y	-5.6%	44.7%	20.2%

Return vs Industry: WAYN underperformed the US Banks industry which returned 34.2% over the past year.

Return vs Market: WAYN underperformed the US Market which returned 22.5% over the past year.

Price Volatility

Is WAYN's price volatile compared to industry and market?
WAYN volatility
WAYN Average Weekly Movement	2.7%
Banks Industry Average Movement	3.8%
Market Average Movement	6.0%
10% most volatile stocks in US Market	18.4%
10% least volatile stocks in US Market	3.0%

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

Volatility Over Time: WAYN's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1899	n/a	Jay VanSickle	www.mymainstreetbank.bank

Wayne Savings Bancshares, Inc. operates as the holding company for Wayne Savings Community Bank that provides personal and business banking products and services to individuals, businesses, and other organizations. The company offers checking, savings, money market, and term certificate accounts, as well as certificates of deposit. It also provides residential mortgage, commercial, installment, residential and nonresidential real estate, commercial real estate, residential construction, multi-family real estate, land, commercial business, consumer, home, home equity, auto, recreational vehicle, personal, furniture and appliance, agriculture, and term loans, as well as lines of credit, government guaranteed programs, and standby letters of credit.

Main Street Financial Services Corp. Fundamentals Summary

How do Wayne Savings Bancshares's earnings and revenue compare to its market cap?
WAYN fundamental statistics
Market cap	US$53.43m
Earnings (TTM)	US$7.09m
Revenue (TTM)	US$24.28m

7.5x

P/E Ratio

1.0x

P/B Ratio

Is WAYN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WAYN income statement (TTM)
Revenue	US$24.28m
Cost of Revenue	US$0
Gross Profit	US$24.28m
Other Expenses	US$17.19m
Earnings	US$7.09m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.22
Gross Margin	100.00%
Net Profit Margin	29.21%
Debt/Equity Ratio	84.0%

How did WAYN perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

29%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/06/03 04:52
End of Day Share Price	2024/06/03 00:00
Earnings	2024/03/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Main Street Financial Services Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.