Marathon Bancorp, Inc. (MBBC) stock analysis

P/E above its 5-year median

Marathon Bancorp's P/E of 21.5 is above its own 5-year median of 17.5.

P/E above the industry

Marathon Bancorp's P/E of 21.5 is above the Savings Institutions median of 13.7.

P/S above the industry

Marathon Bancorp's price-to-sales of 4.55 is above the Savings Institutions median of 3.77.

P/B below the industry

Marathon Bancorp's price-to-book of 0.88 is below the Savings Institutions median of 1.04.

Trading above fair value

The share price of $14.18 is above our fair value estimate of $12.50.

Margin of safety under 20%

The price is 13.5% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew 4.1% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -5.8% a year over the last three fiscal years.

Earnings growth accelerating

Net income grew 477% over the last twelve months, against a 5-year average of 5.5% a year.

Growing faster than the industry

Revenue grew 28.0% 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 3.8% over the last twelve months and averaged 2.6% over five years; we look for 15% on both.

Return on assets under 1%

Return on assets was 0.7%; for a bank or insurer, 1% or more is considered good.

Return on equity below the industry

Marathon Bancorp's return on equity of 3.8% is below the Savings Institutions median of 6.1%.

Earnings grew over 5 years

Net income grew 5.5% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 19.2% over the last twelve months, against a 5-year average of 11.3%.

Net margin below the industry

Marathon Bancorp's net margin of 19.2% is below the Savings Institutions median of 20.3%.

Well capitalized

Equity is 18.7% of total assets; 8% or more is a comfortable cushion.

Loans exceed deposits

Loans equal 110% of deposits, so the bank relies on other borrowing.

Thin loan-loss reserve

The allowance for credit losses is 0.8% of loans; we look for at least 1%.

High cost base

Non-interest expense takes 75.8% of revenue; under 60% is efficient for a bank.

Deposits growing

Deposits grew 10.6% over the past year.

Borrowings

Needs debt and equity figures.

No dividend

Marathon 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.