First Northern Community Bancorp (FNRN) stock analysis

P/E above its 5-year median

First Northern Community Bancorp's P/E of 12.2 is above its own 5-year median of 8.6.

P/E below the industry

First Northern Community Bancorp's P/E of 12.2 is below the Savings Institutions median of 13.7.

P/S below the industry

First Northern Community Bancorp's price-to-sales of 3.56 is below the Savings Institutions median of 3.77.

P/B above the industry

First Northern Community Bancorp's price-to-book of 1.33 is above the Savings Institutions median of 1.04.

Trading above fair value

The share price of $16.90 is above our fair value estimate of $14.00.

Margin of safety under 20%

The price is 20.7% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew 6.1% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew 6.9% a year over the last three fiscal years.

Earnings growth not accelerating

Net income grew 8.7% over the last twelve months, against a 5-year average of 11.7% a year.

Growing slower than the industry

Revenue grew 7.6% over the last twelve months; the Savings Institutions median is 9.0%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin trend

Banks and insurers do not report gross profit.

Return on equity under 15%

Return on equity was 11.1% over the last twelve months and averaged 11.8% over five years; we look for 15% on both.

Return on assets over 1%

Return on assets was 1.2%; for a bank or insurer, 1% or more is considered good.

Return on equity above the industry

First Northern Community Bancorp's return on equity of 11.1% is above the Savings Institutions median of 6.1%.

Earnings grew over 5 years

Net income grew 11.7% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 29.3% over the last twelve months, against a 5-year average of 27.6%.

Net margin above the industry

First Northern Community Bancorp's net margin of 29.3% is above the Savings Institutions median of 20.3%.

Well capitalized

Equity is 10.4% of total assets; 8% or more is a comfortable cushion.

Loans funded by deposits

Loans equal 64.3% of deposits, so lending is funded by customer deposits.

Adequate loan-loss reserve

The allowance for credit losses is 1.3% of loans; we look for at least 1%.

High cost base

Non-interest expense takes 60.9% of revenue; under 60% is efficient for a bank.

Deposits growing

Deposits grew 4.4% over the past year.

Borrowings

Needs debt and equity figures.

No dividend

First Northern Community Bancorp has not paid a dividend in the last twelve months.

Yield against Treasuries

No dividend.

Yield against the market

No dividend.

Dividend stability

No dividend.

Earnings cover

No dividend.

Cash-flow cover

No dividend.