OTCPK:WMCB

Stock Analysis Report

Willamette Community Bank

Executive Summary

Willamette Community Bank, a state-chartered bank, provides banking products and services.

Snowflake

Fundamentals

Adequate balance sheet with acceptable track record.

Share Price & News

How has Willamette Community Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.2%

WMCB

1.4%

US Banks

1.0%

US Market


1 Year Return

11.0%

WMCB

0.2%

US Banks

6.7%

US Market

Return vs Industry: WMCB exceeded the US Banks industry which returned 0.2% over the past year.

Return vs Market: WMCB exceeded the US Market which returned 6.7% over the past year.


Shareholder returns

WMCBIndustryMarket
7 Day-1.2%1.4%1.0%
30 Day2.1%-2.6%-1.8%
90 Day1.6%0.8%-1.8%
1 Year11.0%11.0%3.1%0.2%9.1%6.7%
3 Year24.4%24.4%52.0%41.5%46.1%36.6%
5 Year87.6%87.6%69.7%51.2%66.9%48.6%

Price Volatility Vs. Market

How volatile is Willamette Community Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Willamette Community Bank undervalued compared to its fair value and its price relative to the market?

30x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: WMCB ($10.82) is trading above our estimate of fair value ($4.62)

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


Price To Earnings Ratio

PE vs Industry: WMCB is poor value based on its PE Ratio (30x) compared to the Banks industry average (12.5x).

PE vs Market: WMCB is poor value based on its PE Ratio (30x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: WMCB is good value based on its PB Ratio (1.1x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Willamette Community Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WMCB's forecast earnings growth (20.7% per year) is above the savings rate (2.7%).

Earnings vs Market: WMCB's earnings (20.7% per year) are forecast to grow faster than the US market (14.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

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

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


Next Steps

Past Performance

How has Willamette Community Bank performed over the past 5 years?

8.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: WMCB's earnings have grown by 8.6% per year over the past 5 years.

Accelerating Growth: WMCB's earnings growth over the past year (66.7%) exceeds its 5-year average (8.6% per year).

Earnings vs Industry: WMCB earnings growth over the past year (66.7%) exceeded the Banks industry 31.8%.


Return on Equity

High ROE: WMCB's Return on Equity (3.9%) is considered low.


Return on Assets

ROA vs Industry: WMCB's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Willamette Community Bank'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: WMCB has a low level of unsold assets or inventory.

Debt Coverage by Assets: WMCB's debt is covered by short term assets (assets are 1.261660x debt).


Financial Institutions Analysis

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

Allowance for Bad Loans: WMCB has a low allowance for bad loans.

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

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

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

Level of Bad Loans: WMCB has a high level of bad loans (2.13%)


Next Steps

Dividend

What is Willamette Community Bank's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate WMCB'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 WMCB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WMCB'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 WMCB'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 Willamette Community Bank's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average management tenure


CEO

Joan Reukauf 0

1.5yrs

Tenure

0

Ms. Joan Reukauf has been President and Chief Executive Officer of Willamette Community Bank since April 16, 2018 and also serves as its Director. Ms. Reukauf has previously served as WCB's Interim Chief E ...


Management Age and Tenure

2.3yrs

Average Tenure

Experienced Management: WMCB's management team is considered experienced (2.3 years average tenure).


Board Age and Tenure

4.8yrs

Average Tenure

Experienced Board: WMCB's board of directors are considered experienced (4.8 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.


Management Team

  • Jeff Morris

    VP & Compliance Manager

    • Tenure: 0yrs
  • Joan Reukauf

    President

    • Tenure: 1.5yrs
  • Bob Moore

    Senior VP & CFO

    • Tenure: 3.5yrs
  • David Frances

    Senior VP & Chief Credit Officer

    • Tenure: 2.3yrs
  • Shelly Ortiz

    VP & Senior Operations Officer

    • Tenure: 0yrs

Board Members

  • Kerry Johnson

    Chairman of the Board

    • Tenure: 6.8yrs
  • Joan Reukauf

    President

    • Tenure: 1.5yrs
  • Kent Hickam

    Director

    • Tenure: 0yrs
  • Tim McQueary (73yo)

    Vice Chairman of the Board

    • Tenure: 0yrs
  • Tom Ordeman

    Director

    • Tenure: 0yrs
  • R. Webber

    Director

    • Tenure: 0yrs
  • Joe Leblanc

    Director

    • Tenure: 0yrs
  • John Jenks

    Director

    • Tenure: 4.8yrs
  • James Green

    Director

    • Tenure: 2yrs

Company Information

Willamette Community Bank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Willamette Community Bank
  • Ticker: WMCB
  • Exchange: OTCPK
  • Founded: 2003
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$20.097m
  • Shares outstanding: 1.86m
  • Website: https://www.willamettecommunitybank.com

Location

  • Willamette Community Bank
  • 333 Lyon Street SE
  • Albany
  • Oregon
  • 97321
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WMCBOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 2003

Biography

Willamette Community Bank, a state-chartered bank, provides banking products and services. The company offers checking, savings, and money market accounts, as well as certificates of deposit and CDARS. It  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:46
End of Day Share Price2019/10/14 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.