Washington Business Bank, a state-chartered bank, provides various banking products and services to small and midsized businesses, and middle-income individuals primarily in western Washington.
Solid track record with adequate balance sheet.
Share Price & News
How has Washington Business Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WBZB has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: WBZB exceeded the US Banks industry which returned -15.2% over the past year.
Return vs Market: WBZB underperformed the US Market which returned 18.7% over the past year.
Price Volatility Vs. Market
How volatile is Washington Business Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Washington Business Bank undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WBZB ($14.25) is trading above our estimate of fair value ($12.42)
Significantly Below Fair Value: WBZB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WBZB is good value based on its PE Ratio (9x) compared to the US Banks industry average (10x).
PE vs Market: WBZB is good value based on its PE Ratio (9x) compared to the US market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WBZB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WBZB is overvalued based on its PB Ratio (0.9x) compared to the US Banks industry average (0.8x).
How is Washington Business Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Washington Business Bank 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.
- Check out Washington Business Bank's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Washington Business Bank's filings and announcementshere.
- Explore growth companies in the Banks industry.
How has Washington Business Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WBZB has high quality earnings.
Growing Profit Margin: WBZB's current net profit margins (28.4%) are higher than last year (22.6%).
Past Earnings Growth Analysis
Earnings Trend: WBZB's earnings have grown significantly by 21.6% per year over the past 5 years.
Accelerating Growth: WBZB's earnings growth over the past year (37.7%) exceeds its 5-year average (21.6% per year).
Earnings vs Industry: WBZB earnings growth over the past year (37.7%) exceeded the Banks industry -2.9%.
Return on Equity
High ROE: WBZB's Return on Equity (10.3%) is considered low.
How is Washington Business Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: WBZB's Assets to Equity ratio (8.8x) is low.
Allowance for Bad Loans: Insufficient data to determine if WBZB has a sufficient allowance for bad loans.
Low Risk Liabilities: 93% of WBZB's liabilities are made up of primarily low risk sources of funding.
Loan Level: WBZB has an appropriate level of Loans to Assets ratio (87%).
Low Risk Deposits: WBZB's Loans to Deposits ratio (105%) is appropriate.
Level of Bad Loans: Insufficient data to determine if WBZB has an appropriate level of bad loans.
What is Washington Business Bank current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WBZB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WBZB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WBZB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WBZB'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 WBZB's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Jon Jones (58 yo)
Mr. Jon M. Jones serves as a President, Chief Executive Officer and Director of Washington Business Bank. Mr. Jones is a well-known community banker with over twenty years of banking experience. He has pre ...
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Washington Business Bank's company bio, employee growth, exchange listings and data sources
- Name: Washington Business Bank
- Ticker: WBZB
- Exchange: OTCPK
- Founded: 2002
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$9.625m
- Shares outstanding: 675.47k
- Website: https://www.wabizbank.com
- Washington Business Bank
- 223 5th Avenue SE
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WBZB||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Mar 2019|
Washington Business Bank, a state-chartered bank, provides various banking products and services to small and midsized businesses, and middle-income individuals primarily in western Washington. The company ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/14 11:30|
|End of Day Share Price||2020/07/27 00:00|
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.