ECBK - ECB Bancorp, Inc. Stock Price, Fair Value and News

11.48USD-0.13 (-1.12%)Market Closed

Market Summary

USD11.48-0.13

Market Closed

-1.12%

ECBK Stock Price

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ECBK RSI Chart

ECBK Valuation

Market Cap

106.1M

Price/Earnings (Trailing)

23.81

Price/Sales (Trailing)

1.94

EV/EBITDA

2.85

Price/Free Cashflow

17.4

ECBK Price/Sales (Trailing)

ECBK Profitability

EBT Margin

10.93%

Return on Equity

2.7%

Return on Assets

0.35%

Free Cashflow Yield

5.75%

ECBK Fundamentals

ECBK Revenue

Revenue (TTM)

54.8M

Rev. Growth (Yr)

53.78%

Rev. Growth (Qtr)

5.16%

ECBK Earnings

Earnings (TTM)

4.5M

Earnings Growth (Yr)

-19.16%

Earnings Growth (Qtr)

-41.16%

Breaking Down ECBK Revenue

Last 7 days

-6.4%

Last 30 days

-10.2%

Last 90 days

-15.7%

How does ECBK drawdown profile look like?

ECBK Financial Health

ECBK Investor Care

Shares Dilution (1Y)

0.74%

Diluted EPS (TTM)

0.53

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	35.6M	43.2M	49.6M	54.8M
2022	22.6M	23.1M	25.4M	29.2M
2021	0	0	0	22.4M

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Tracking the Latest Insider Buys and Sells of ECB Bancorp, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Oct 31, 2023	citrano john a	acquired	-	-	37,444	evp, coo and cfo
Oct 31, 2023	migliozzi john	acquired	-	-	37,444	evp and clo
Oct 31, 2023	lavertu brandon	acquired	-	-	29,955	cao
Oct 31, 2023	o'neil richard j jr	acquired	-	-	67,399	president and ceo
Sep 08, 2023	jones elizabeth p	acquired	-	-	11,664	-
Sep 08, 2023	sachetta joseph	acquired	-	-	11,664	-
Sep 08, 2023	sgroi susan	acquired	-	-	11,664	-
Sep 08, 2023	leonard dennis j	acquired	-	-	11,664	-
Sep 08, 2023	white marjorie a	acquired	-	-	11,664	-
Sep 08, 2023	delroy paul a	acquired	-	-	11,664	-

Which funds bought or sold ECBK recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
May 01, 2024	Sachetta, LLC	unchanged	-	-	1,345,240	0.64%
Apr 17, 2024	GRIMES & COMPANY, INC.	unchanged	-	8,400	259,600	0.01%
Mar 11, 2024	VANGUARD GROUP INC	added	0.34	739,162	5,731,790	-%
Feb 15, 2024	BARCLAYS PLC	new	-	8,000	8,000	-%
Feb 14, 2024	STATE STREET CORP	unchanged	-	25,557	210,511	-%
Feb 14, 2024	BANK OF AMERICA CORP /DE/	new	-	63.00	63.00	-%
Feb 14, 2024	Mariner, LLC	unchanged	-	15,826	125,600	-%
Feb 14, 2024	RAFFLES ASSOCIATES LP	added	42.27	244,560	634,104	0.80%
Feb 14, 2024	MALTESE CAPITAL MANAGEMENT LLC	unchanged	-	150,348	1,193,200	0.34%

Are Funds Buying or Selling ECBK?

Are funds buying ECBK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ECBK

No. of Funds

Unveiling ECB Bancorp, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	alliancebernstein l.p.	9.6%	902,963	SC 13G/A
Feb 13, 2024	ecb bancorp, inc. /md/	7.9%	732,635	SC 13G/A

Recent SEC filings of ECB Bancorp, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 26, 2024	DEFA14A	DEFA14A
Apr 26, 2024	DEF 14A	DEF 14A
Apr 26, 2024	ARS	ARS
Apr 25, 2024	8-K	Current Report
Mar 29, 2024	10-K	Annual Report
Mar 12, 2024	8-K	Current Report
Feb 15, 2024	8-K	Current Report
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 13, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to ECB Bancorp, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	547.1B	174.7B	-3.92%	42.05%	10.87	3.13	53.11%	19.83%
BAC	291.2B	127.4B	-0.53%	37.98%	11.64	2.29	44.27%	-12.56%
WFC	208.9B	85.8B	4.90%	63.21%	11.13	2.44	35.02%	26.14%
C	117.3B	125.0B	-0.29%	36.99%	14.68	0.94	37.85%	-
CFG	16.2B	10.2B	1.35%	42.41%	10.1	1.59	44.53%	-22.43%
KEY	14.1B	8.1B	-2.10%	67.08%	16.1	1.73	32.15%	-50.93%
MID-CAP
CMA	7.0B	4.2B	-1.32%	70.01%	10.12	1.66	34.68%	-45.96%
ZION	6.5B	3.9B	2.66%	119.02%	9.51	1.64	45.91%	-25.03%
ABCB	3.4B	1.3B	6.52%	67.99%	12.78	2.69	43.24%	-22.35%
ASB	3.3B	1.8B	5.32%	45.11%	20.6	1.8	32.64%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	395.3M	152.4M	-5.17%	46.88%	39.76	2.59	16.94%	-73.84%
AROW	391.6M	162.6M	-0.59%	18.78%	13.02	2.41	25.39%	-38.37%
ACNB	282.2M	96.6M	-4.87%	20.96%	8.91	2.92	11.02%	-11.37%
ASRV	41.8M	60.9M	-2.01%	-14.98%	-12.5	0.69	24.06%	-144.92%

ECB Bancorp, Inc. News

Latest updates

ECB Bancorp, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)												(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1
Revenue	5.2%	14,897	14,166	13,651	12,062	9,688	7,761	6,096	5,610	5,901	5,478	5,578	5,419
EBITDA Margin	-12.8%	0.57*	0.65*	0.68*	0.79*	0.94*	0.96*	1.11*	1.11*	1.09*	-	-	-
Interest Expenses	-2.4%	5,939	6,086	6,399	6,366	6,815	6,539	5,366	4,920	5,124	4,608	4,617	4,346
Income Taxes	-39.4%	267	440	503	319	382	-426	325	495	-30.00	472	516	471
Earnings Before Taxes	-40.7%	1,056	1,781	1,928	1,220	1,358	-1,461	1,721	1,878	-35.00	1,812	1,934	1,760
EBT Margin	-13.9%	0.11*	0.13*	0.07*	0.08*	0.12*	0.08*	0.23*	0.25*	0.24*	-	-	-
Net Income	-41.2%	789	1,341	1,425	901	976	-1,035	1,396	1,383	-5.00	1,340	1,418	1,289
Net Income Margin	-13.2%	0.08*	0.09*	0.05*	0.06*	0.09*	0.07*	0.18*	0.18*	0.18*	-	-	-
Free Cashflow	810.8%	2,532	278	1,889	1,400	2,991	3,052	684	827	1,543	865	1,918	2,019

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet									(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	5.5%	1,280	1,214	1,197	1,157	1,064	874	782	689	666
Cash Equivalents	-	18.00	-	-	-	24.00	-	-	-	-
Net PPE	0.7%	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
Liabilities	6.4%	1,115	1,048	1,033	994	902	713	702	610	589
Shareholder's Equity	-0.4%	165	166	165	163	163	161	80.00	79.00	77.00
Retained Earnings	0.9%	84.00	83.00	82.00	80.00	80.00	79.00	80.00	79.00	77.00
Additional Paid-In Capital	-1.5%	87.00	89.00	89.00	89.00	89.00	89.00	-	-	-
Shares Outstanding	1.0%	9.00	9.00	9.00	9.00	9.00	8.00	-	-	-
Float	-	-	-	102	-	-	-	110	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)												(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1
Cashflow From Operations	534.0%	2,631	415	1,976	1,412	3,030	3,110	752	878	1,543	873	1,933	2,100
Share Based Compensation	-585.0%	-97.00	20.00	112	139	344	-	-	-	-	-	-	-
Cashflow From Investing	-2212.1%	-45,030	2,132	-27,973	-86,417	-164,118	-112,444	-89,677	-23,097	-28,753	-179	-22,307	-16,979
Cashflow From Financing	327.7%	64,048	14,974	38,521	90,297	188,924	88,549	92,138	21,030	19,125	13,281	-2,974	41,901

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ECBK Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Interest and dividend income:
Interest and fees on loans	$ 48,330	$ 26,954
Interest and dividends on securities	2,701	1,488
Other interest income	3,745	715
Total interest and dividend income	54,776	29,157
Interest expense:
Interest on deposits	21,413	4,566
Interest on Federal Home Loan Bank advances	8,573	948
Interest on Federal Funds purchased	0	1
Total interest expense	29,986	5,515
Net interest and dividend income	24,790	23,642
Provision for credit losses	803	2,940
Net interest and dividend income after provision for loan losses	23,987	20,702
Noninterest income:
Customer service fees	508	446
Income from bank-owned life insurance	479	828
Net gain on sales of loans	21	84
Other income	44	43
Total noninterest income	1,052	1,401
Noninterest expense:
Salaries and employee benefits	11,679	9,928
Director compensation	581	429
Occupancy and equipment expense	941	753
Data processing	1,093	850
Computer software and licensing fees	286	259
Advertising and promotions	794	752
Professional fees	1,355	846
Federal Deposit Insurance Corporation deposit insurance	793	225
Charitable contributions	17	3,256
Other expense	1,515	1,309
Total noninterest expense	19,054	18,607
Income before income tax expense	5,985	3,496
Income tax expense	1,529	776
Net income	$ 4,456	$ 2,720
Earnings Per Share [Abstract]
Weighted average shares outstanding, basic	8,466,021	8,456,218
Weighted average shares outstanding, diluted	8,523,705	8,456,218
Basic earnings per share	$ 0.53	$ 0.32
Diluted earnings per share	$ 0.52	$ 0.32

ECBK Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 3,786	$ 3,123
Short-term investments	115,250	58,927
Total cash and cash equivalents	119,036	62,050
Interest-bearing time deposits		300
Investments in available-for-sale securities (at fair value)	5,003	5,001
Investments in held-to-maturity securities, at cost (fair values of $70,590 at December 31, 2023 and $69,707 at December 31, 2022)	76,979	77,591
Loans, net of allowance for credit losses of $8,591 as of December 31, 2023 and $7,200 as of December 31, 2022	1,039,789	885,674
Federal Home Loan Bank stock, at cost	9,892	7,293
Premises and equipment, net	3,754	3,698
Accrued interest receivable	3,766	2,632
Deferred tax assets, net	4,767	4,344
Bank-owned life insurance	14,472	14,067
Other assets	2,877	1,812
Total assets	1,280,335	1,064,462
Deposits:
Noninterest-bearing	78,342	84,903
Interest-bearing	789,872	633,246
Total deposits	868,214	718,149
Federal Home Loan Bank advances	234,000	174,000
Other liabilities	13,220	9,583
Total liabilities	1,115,434	901,732
Shareholders' Equity:
Preferred Stock, par value $0.01; Authorized: 1,000,000 shares; Issued and outstanding: 0 shares and 0 shares, respectively
Common Stock, par value $0.01; Authorized: 30,000,000 shares; Issued and outstanding: 9,291,810 shares and 9,175,247 shares, respectively	93	92
Additional Paid in Capital	87,431	89,286
Retained earnings	83,854	80,076
Accumulated other comprehensive income	129	249
Unallocated common shares held by the Employee Stock Ownership Plan	(6,606)	(6,973)
Total shareholders' equity	164,901	162,730
Total liabilities and shareholders' equity	$ 1,280,335	$ 1,064,462

About ECB Bancorp, Inc.

ECB Bancorp, Inc. operating as a holding company for Everett Co-operative Bank that provides various banking products and services. The company accepts various deposit products, including certificate of deposit accounts, IRAs, money market accounts, savings accounts, demand deposit accounts, and interest-bearing and noninterest-bearing checking accounts. It also offers one- to four-family residential real estate, commercial real estate and multifamily real estate, construction and land, commercial, and consumer loans, as well as home equity loans and lines of credit. In addition, the company invests in securities, consisting primarily of U.S. government and federal agency obligations, mortgage-backed securities, and corporate bonds. ECB Bancorp, Inc. was founded in 1890 and is based in Everett, Massachusetts.

CEO	Mr. Richard J. O'Neil Jr.
WEBSITE	everettbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	66

ECB Bancorp, Inc. Frequently Asked Questions

What is the ticker symbol for ECB Bancorp, Inc.? What does ECBK stand for in stocks?

ECBK is the stock ticker symbol of ECB Bancorp, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of ECB Bancorp, Inc. (ECBK)?

As of Fri May 03 2024, market cap of ECB Bancorp, Inc. is 106.12 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ECBK stock?

You can check ECBK's fair value in chart for subscribers.

What is the fair value of ECBK stock?

You can check ECBK's fair value in chart for subscribers. The fair value of ECB Bancorp, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of ECB Bancorp, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ECBK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is ECB Bancorp, Inc. a good stock to buy?

The fair value guage provides a quick view whether ECBK is over valued or under valued. Whether ECB Bancorp, Inc. is cheap or expensive depends on the assumptions which impact ECB Bancorp, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ECBK.

What is ECB Bancorp, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 03 2024, ECBK's PE ratio (Price to Earnings) is 23.81 and Price to Sales (PS) ratio is 1.94. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ECBK PE ratio will change depending on the future growth rate expectations of investors.