FNCB Bancorp, Inc.

NasdaqCM:FNCB Stok Raporu

Piyasa değeri: US$133.6m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

FNCB Bancorp Gelecekteki Büyüme

Future kriter kontrolleri 0/6

Şu anda FNCB Bancorp için büyüme ve gelir tahmini yapmak üzere yeterli analist kapsamımız yok.

Anahtar bilgiler

n/a

Kazanç büyüme oranı

n/a

EPS büyüme oranı

Banks kazanç büyümesi8.2%
Gelir büyüme oranın/a
Gelecekteki özkaynak getirisin/a
Analist kapsamı

None

Son güncellemen/a

Gelecekteki son büyüme güncellemeleri

Güncelleme yok

Recent updates

Analiz Makalesi • Aug 21

FNCB Bancorp (NASDAQ:FNCB) Is Due To Pay A Dividend Of $0.09

FNCB Bancorp, Inc.'s ( NASDAQ:FNCB ) investors are due to receive a payment of $0.09 per share on 15th of September...
Seeking Alpha • Aug 29

FNCB Bancorp: High Dividend Yield, Flattish Earnings Outlook

Summary Strength in Pennsylvania’s job market and satisfactory regional economic activity will likely support loan growth through the end of 2023. The margin will suffer from the rising rate environment as the re-pricing of liabilities will overtake the re-pricing of assets. The equity book value will also decline due to higher interest rates. The December 2022 target price suggests a moderate upside from the current market price. Further, FNCB is offering a high dividend yield for a bank holding company. Strong loan growth will likely be the chief driver for FNCB Bancorp’s (NASDAQ: FNCB) earnings in the next year and a half. On the other hand, the margin will likely dip this year as the re-pricing of deposits will outweigh the re-pricing of earning assets. Meanwhile, the provisioning for expected loan losses will likely remain at a normal level. Overall, I'm expecting FNCB Bancorp to report earnings of $1.06 per share in 2022, almost unchanged from last year. For 2023, I'm expecting the company to report earnings of $1.15 per share, up 9% year-over-year. The year-end target price suggests a moderate upside from the current market price. Further, FNCB is offering a high dividend yield. Based on the total expected return, I'm adopting a buy rating on FNCB Bancorp. Pennsylvania's Economy is Pivotal for Loan Growth Compared to previous years, FNCB Bancorp’s loan growth has been extraordinary so far this year. The portfolio has already grown by 11.2% in the first half (22% annualized), raising hopes of at least mid-teen growth for the full year. However, high interest rates are likely to dampen credit appetite, leading to a deceleration of the growth rate from the first half’s level. On the other hand, strong job markets and reasonable economic activity in local markets will likely keep loan growth near the historical median. FNCB mainly operates in northeastern Pennsylvania, including Lackawanna, Luzerne, and Wayne counties. The state has a commendable job market, with an unemployment rate that is very low from a historical perspective. Pennsylvania Unemployment Rate data by YCharts Further, the coincident index indicates that economic activity in Pennsylvania is at a satisfactory level. Philly Fed Pennsylvania Coincident Index data by YCharts Overall, I'm expecting the loan portfolio to grow by 2% every quarter, or 8% annualized, through the end of 2023, which is close to the historical trend. Margin to Suffer from Rising Interest Rates FNCB's balance sheet is liability sensitive in the short term, which means the re-pricing of liabilities will outweigh the re-pricing of assets. The following factors contribute to liability sensitivity. A large balance of adjustable-rate deposits. Non-maturing interest-bearing deposits made up a hefty 66% of total deposits at the end of June 2022, according to details given in the 10-Q filing. These deposits re-price frequently; therefore, they will pressurize the margin amid a rising rate environment. A large balance of securities. The available-for-sale debt securities portfolio made up a sizable 31% of total earning assets at the end of June 2022. A majority of debt securities are based on fixed rates. Therefore, they will weigh down the average earning-asset yield as rates rise. The results of the management’s interest-rate sensitivity analysis given in the 10-Q filing showed that a 200-basis points hike in interest rates could DECREASE the net interest income by 7.4% over months. Considering these factors, I'm expecting the margin to dip by 5 basis points in the second half of 2022 and then remain unchanged throughout 2023. Normalized Provisioning Likely The loan portfolio’s asset quality has improved tremendously over the last year. Nonperforming loans made up just 0.26% of total loans at the end of June 2022, down from 0.46% at the end of June 2021. As a result of the reduction in nonperforming loans, the allowance now appears at a comfortable level. Allowances were 1.23% of total loans at the end of June 2022. In my opinion, FNCB can easily ride out the upcoming headwinds without making any out-of-the-ordinary contributions to reserves. The upcoming headwinds include high inflation, rising interest rates, and the possibility of a recession. Overall, I believe provisioning will likely remain at a normal level through the end of 2023. I'm expecting the net provision expense to make up around 0.17% of total loans (annualized) in every quarter till the end of next year, which is the same as the average from 2017 to 2019. Expecting Flattish Earnings for 2022, Moderate Growth for 2023 The anticipated loan growth discussed above will likely be the chief driver of earnings for the next year and a half. On the other hand, the reduction in net interest margin will likely drag earnings. Meanwhile, provisioning for expected loan losses will likely remain at a normal rate. Overall, I'm expecting FNCB to report earnings of $1.06 per share for 2022, almost unchanged from last year. For 2023, I'm expecting earnings to grow by 9% to $1.15 per share. The following table shows my income statement estimates. FY18 FY19 FY20 FY21 FY22E FY23E Income Statement Net interest income 37 36 40 49 54 59 Provision for loan losses 2.6 0.8 1.9 0.2 1.8 2.0 Non-interest income 12 8 9 8 7 7 Non-interest expense 29 30 29 31 34 36 Net income - Common Sh. 13 11 15 21 21 23 EPS - Diluted ($) 0.79 0.56 0.76 1.06 1.06 1.15 Source: SEC Filings, Earnings Releases, Author's Estimates (In USD million unless otherwise specified) Actual earnings may differ materially from estimates because of the risks and uncertainties related to inflation, and consequently the timing and magnitude of interest rate hikes. Further, a stronger or longer-than-anticipated recession can increase the provisioning for expected loan losses beyond my estimates. Further Book Value Erosion Likely FNCB has a large balance of available-for-sale securities, which made up 31% of total earning assets at the end of June 2022. As a result, the company has accumulated significant mark-to-market losses on this portfolio amid the rising-rate environment. These unrealized losses have bypassed the income statement and gone directly to the equity account, as per relevant accounting standards. Consequently, the equity book value (tangible) has plunged from $8.13 per share at the end of December 2021 to $6.38 per share at the end of June 2022, according to details given in the earnings release. I'm expecting a 150-basis point hike in the Federal Funds rate in the second half of 2022 and no change in the first half of 2023 before some rate cuts in late 2023. Therefore, the equity book value will face further pressure this year. On the other hand, retained earnings will lift the book value per share. The following table shows my balance sheet estimates.
Analiz Makalesi • Aug 08

FNCB Bancorp (NASDAQ:FNCB) Will Pay A Larger Dividend Than Last Year At $0.09

FNCB Bancorp, Inc. ( NASDAQ:FNCB ) has announced that it will be increasing its dividend from last year's comparable...
Seeking Alpha • Jul 27

FNCB Bancorp raises dividend by 20% to $0.09/share

FNCB Bancorp (NASDAQ:FNCB) declares $0.09/share quarterly dividend, 20% increase from prior dividend of $0.075. Forward yield 4.68% Payable Sept. 15; for shareholders of record Sept. 1; ex-div Aug. 31. See FNCB Dividend Scorecard, Yield Chart, & Dividend Growth.
Analiz Makalesi • May 03

Is Now The Time To Put FNCB Bancorp (NASDAQ:FNCB) On Your Watchlist?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Seeking Alpha • Apr 04

FNCB Bancorp: A 3.16% Yield With A Sub-30% Payout Ratio

FNCB Bancorp is the holding company of a small community bank in Pennsylvania with just under $1.7B in total assets. The bank's EPS exceeded $1 in 2021 and should remain above this level in 2022, even when loan loss provisions normalize. Only a very small minority of the loan book is classified as non-accrual, and the current loan loss provisions seem to be covering the risks. The dividend yield is low, but FNCB retains the majority of its earnings, this boosts the TBV by over $0.70 per year.
Analiz Makalesi • Oct 31

FNCB Bancorp (NASDAQ:FNCB) Is Increasing Its Dividend To US$0.075

FNCB Bancorp, Inc. ( NASDAQ:FNCB ) has announced that it will be increasing its dividend on the 15th of December to...
Seeking Alpha • Sep 07

FNCB Bancorp: This Undervalued Under-The-Radar Bank Has Upside

Cost reductions driving widening net interest income. Loans and deposits both growing while asset quality has improved. Attractive valuation, and trading right at book. Increased dividend.
Analiz Makalesi • Aug 05

FNCB Bancorp (NASDAQ:FNCB) Is Increasing Its Dividend To US$0.075

The board of FNCB Bancorp, Inc. ( NASDAQ:FNCB ) has announced that it will be increasing its dividend on the 15th of...
Analiz Makalesi • May 06

Shareholders May Be A Bit More Conservative With FNCB Bancorp, Inc.'s (NASDAQ:FNCB) CEO Compensation For Now

In the past three years, the share price of FNCB Bancorp, Inc. ( NASDAQ:FNCB ) has struggled to grow and now...
Analiz Makalesi • May 02

Is FNCB Bancorp, Inc. (NASDAQ:FNCB) A Great Dividend Stock?

Dividend paying stocks like FNCB Bancorp, Inc. ( NASDAQ:FNCB ) tend to be popular with investors, and for good reason...
Analiz Makalesi • Mar 28

Is Now The Time To Put FNCB Bancorp (NASDAQ:FNCB) On Your Watchlist?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Analiz Makalesi • Feb 21

FNCB Bancorp (NASDAQ:FNCB) Shareholders Booked A 20% Gain In The Last Five Years

If you buy and hold a stock for many years, you'd hope to be making a profit. Furthermore, you'd generally like to see...
Analiz Makalesi • Dec 30

Would FNCB Bancorp, Inc. (NASDAQ:FNCB) Be Valuable To Income Investors?

Today we'll take a closer look at FNCB Bancorp, Inc. ( NASDAQ:FNCB ) from a dividend investor's perspective. Owning a...
Analiz Makalesi • Nov 25

FNCB Bancorp, Inc. (NASDAQ:FNCB) Will Pay A US$0.055 Dividend In Four Days

It looks like FNCB Bancorp, Inc. (NASDAQ:FNCB) is about to go ex-dividend in the next 4 days. Ex-dividend means that...

Bu bölümde, yatırımcıların şirketin kâr elde etme kabiliyetini anlamalarına yardımcı olmak için genellikle profesyonel analistlerin fikir birliği tahminlerine dayanan gelir ve kazanç büyüme tahminlerini sunuyoruz. Ancak FNCB Bancorp yeterli geçmiş veri sağlamadığından ve analist tahmini olmadığından, gelecekteki kazançları geçmiş verileri ekstrapole ederek veya analist tahminlerini kullanarak güvenilir bir şekilde hesaplanamaz.

SimplyWall St tarafından kapsanan şirketlerin %97'si geçmiş finansal verilere sahip olduğu için bu oldukça nadir bir durumdur.

Kazanç ve Gelir Büyüme Tahminleri

NasdaqCM:FNCB - Analistlerin gelecek tahminleri ve geçmiş finansal verileri (USD Millions )
TarihGelirKazançlarSerbest Nakit AkışıFaaliyetlerden NakitAvg. Analist Sayısı
3/31/202454142222N/A
12/31/202353131616N/A
9/30/202353151515N/A
6/30/202355161717N/A
3/31/202358192021N/A
12/31/202260201920N/A
9/30/202259192324N/A
6/30/202258202021N/A
3/31/202257201718N/A
12/31/202156212324N/A
9/30/202156231819N/A
6/30/202154201719N/A
3/31/202151192021N/A
12/31/202047151820N/A
9/30/202046141820N/A
6/30/202043121720N/A
3/31/202042111418N/A
12/31/201943111015N/A
9/30/201942151722N/A
6/30/201941141822N/A
3/31/201941141620N/A
12/31/201840131723N/A
9/30/20183901015N/A
6/30/2018391813N/A
3/31/20183901115N/A
12/31/2017400N/A12N/A
9/30/2017388N/A10N/A
6/30/2017388N/A11N/A
3/31/2017377N/A11N/A
12/31/2016366N/A0N/A
9/30/20163734N/A-4N/A
6/30/20163634N/A-4N/A
3/31/20163434N/A-4N/A
12/31/20153736N/A4N/A
9/30/2015357N/A7N/A
6/30/2015388N/A6N/A
3/31/20154413N/A3N/A
12/31/20144513N/A9N/A
9/30/20144815N/A9N/A
6/30/20144614N/A20N/A
3/31/2014418N/A20N/A
12/31/2013406N/A18N/A
9/30/201334-1N/A11N/A

Analist Gelecek Büyüme Tahminleri

Kazançlar ve Tasarruf Oranları: FNCB 'un tahmini kazanç büyümesinin tasarruf oranının ( 2.4% ) üzerinde olup olmadığını belirlemek için yeterli veri yok.

Kazançlar ve Piyasa: FNCB 'un kazançlarının US pazarından daha hızlı büyümesinin öngörülüp öngörülmediğini belirlemek için yeterli veri yok

Yüksek Büyüme Kazançları: FNCB şirketinin kazançlarının önümüzdeki 3 yıl içerisinde önemli ölçüde artıp artmayacağını belirlemek için yeterli veri bulunmuyor.

Gelir ve Pazar: FNCB şirketinin gelirinin US pazarından daha hızlı büyüyeceğinin tahmin edilip edilmediğini belirlemek için yeterli veri yok.

Yüksek Büyüme Geliri: FNCB şirketinin gelirinin yıllık 20% oranından daha hızlı artacağının tahmin edilip edilmediğini belirlemek için yeterli veri yok.

Hisse Başına Kazanç Büyüme Tahminleri

Gelecekteki Özkaynak Getirisi

Gelecekteki ROE: FNCB 'un Özsermaye Getirisi'nin 3 yıl içinde yüksek olmasının öngörülüp öngörülmediğini belirlemek için yeterli veri yok

Büyüyen şirketleri keşfedin

7D

1Y

7D

1Y

7D

1Y

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2024/07/01 10:38
Gün Sonu Hisse Fiyatı2024/07/01 00:00
Kazançlar2024/03/31
Yıllık Kazançlar2023/12/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntılarına GitHub sayfamızdan ulaşabilirsiniz, ayrıca raporlarımızı nasıl kullanacağınızı anlatan kılavuzlarımız ve Youtube'da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan dünya standartlarındaki ekip hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

FNCB Bancorp, Inc. 0 Bu analistlerden 0, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.