OTCPK:WTBF.A

Stock Analysis Report

Executive Summary

W.T.B. Financial Corporation operates as the bank holding company for Washington Trust Bank that provides banking, fiduciary, asset management, mortgage banking, and other financial services to corporate and individual customers in Washington, Idaho, and Oregon.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Risks

  • W.T.B. Financial is not covered by any analysts.

Similar Companies

Share Price & News

How has W.T.B. Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:WTBF.A

-2.6%

US Banks

-1.0%

US Market


1 Year Return

n/a

OTCPK:WTBF.A

-14.2%

US Banks

-0.4%

US Market

No trading data on WTBF.A.

No trading data on WTBF.A.


Share holder returns

WTBF.AIndustryMarket
7 Day0%-2.6%-1.0%
30 Day0%-5.5%-3.3%
90 Dayn/a-3.5%0.4%
1 Yearn/a-11.8%-14.2%1.8%-0.4%
3 Yearn/a42.2%32.4%39.4%30.4%
5 Year5.8%1.3%53.3%36.7%54.2%37.1%

Price Volatility Vs. Market

How volatile is W.T.B. Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is W.T.B. Financial undervalued based on future cash flows and its price relative to the stock market?

10.86x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

W.T.B. Financial's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

W.T.B. Financial's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

W.T.B. Financial is good value based on earnings compared to the US Banks industry average.

W.T.B. Financial is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for W.T.B. Financial, we can't assess if its growth is good value.


Price Based on Value of Assets

W.T.B. Financial is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is W.T.B. Financial expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if W.T.B. Financial is high growth as no revenue estimate data is available.

W.T.B. Financial's earnings are expected to grow by 2.2% yearly, however this is not considered high growth (20% yearly).

Unable to compare W.T.B. Financial's revenue growth to the United States of America market average as no estimate data is available.

W.T.B. Financial's earnings growth is positive but not above the United States of America market average.

W.T.B. Financial's earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if W.T.B. Financial will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has W.T.B. Financial performed over the past 5 years?

14.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

W.T.B. Financial's year on year earnings growth rate has been positive over the past 5 years.

W.T.B. Financial's 1-year earnings growth exceeds its 5-year average (57.8% vs 14%)

W.T.B. Financial's earnings growth has exceeded the US Banks industry average in the past year (57.8% vs 33.2%).


Return on Equity

W.T.B. Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

W.T.B. Financial used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if W.T.B. Financial improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is W.T.B. Financial'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


Financial Institutions Analysis

W.T.B. Financial has an acceptable proportion of non-loan assets held.

W.T.B. Financial has a sufficient allowance for bad loans.

W.T.B. Financial's liabilities are made up of primarily low risk sources of funding.

W.T.B. Financial's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at W.T.B. Financial are broadly funded by customer deposits.

W.T.B. Financial has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is W.T.B. Financial's current dividend yield, its reliability and sustainability?

1.97%

Current Dividend Yield


Dividend Yield and Payments Analysis

W.T.B. Financial's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.5%).

W.T.B. Financial's dividend is below the markets top 25% of dividend payers in United States of America (3.9%).

Whilst dividend payments have been stable, W.T.B. Financial has been paying a dividend for less than 10 years.

Dividend payments have increased, but W.T.B. Financial only paid a dividend in the past 6 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (5.6x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of W.T.B. Financial's salary, the management and board of directors tenure and is there insider trading?

11.6yrs

Average management tenure


CEO

Pete Stanton (62yo)

22.6yrs

Tenure

Mr. Peter F. Stanton, also known as Pete, has served as Chairman and CEO of Washington Trust Bank (“Bank”) since March of 2000. Prior to this, Mr. Stanton was President, Chief Executive Officer, & Chairman ...


Management Age and Tenure

11.6yrs

Average Tenure

The average tenure for the W.T.B. Financial management team is over 5 years, this suggests they are a seasoned and experienced team.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jack Heath

    Executive VP

  • Pete Stanton (62yo)

    Chairman

    • Tenure: 22.6yrs
  • Allison Rubino

    Financial Accountant III

    • Tenure: 10.4yrs
  • Teri Van Noy

    Senior Vice President

  • Burke Jackowich

    Senior VP

  • Scott Luttinen

    President - Western Washington Region & EVP - Commercial -Washington Trust Bank

  • Linda Williams

    President of Oregon Region of Commercial Banking-Washington Trust Bank

  • Larry Sorensen (59yo)

    Senior VP & CFO

    • Tenure: 11.6yrs
  • David Terrell

    Senior Vice President of Marketing & Development - Washington Trust Bank

  • Paul Koenigs

    Senior Vice President of Credit Administration-Washington Trust Bank


Board Members

  • Jack Heath

    Executive VP

  • Chris Ackerley (50yo)

    Director

    • Tenure: 2.3yrs
  • Pete Stanton (62yo)

    Chairman

  • Steven Helmbrecht

    Director

  • John Luger

    Director

    • Tenure: 2.3yrs
  • Nancy Wallace

    Director of Washington Trust Bank

  • Mike Lee

    Director of Washington Trust Bank

  • Molly Hurley

    Director of Washington Trust Bank

  • Dennis Murphy

    Director of Washington Trust Bank

  • Jeff Wright

    Director of Washington Trust Bank

Company Information

W.T.B. Financial Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: W.T.B. Financial Corporation
  • Ticker: WTBF.A
  • Exchange: OTCPK
  • Founded: 1902
  • Industry: regional banks
  • Sector: banks
  • Market Cap: US$913.744m
  • Shares outstanding: 2.57m
  • Website: Click here

Number of Employees


Location

  • W.T.B. Financial Corporation
  • 717 West Sprague Avenue
  • Spokane
  • Washington
  • 99201
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WTBF.BOTCPK (Pink Sheets LLC)YesClass B Common StockUSUSDJun 1998
WTBF.AOTCPK (Pink Sheets LLC)Class A Common StockUSUSDSep 1995

Biography

W.T.B. Financial Corporation operates as the bank holding company for Washington Trust Bank that provides banking, fiduciary, asset management, mortgage banking, and other financial services to corporate a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/16 23:45
End of Day Share Price2019/08/01 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.