Valuation: Community Shores Bank Corporation

Market Cap 1.09Cr 95.47L 88.78L 81.47L 1.53Cr 104.67Cr 1.55Cr 11Cr 4.12Cr 51Cr 4.08Cr 3.99Cr 177.93Cr P/E 2016
49x
P/E 2017 -12.5x
Enterprise Value 84.2L 73.95L 68.78L 63.11L 1.19Cr 81Cr 1.2Cr 8.17Cr 3.19Cr 40Cr 3.16Cr 3.09Cr 137.83Cr EV / Sales 2016
-0.07x
EV / Sales 2017 1.25x
Free-Float
35.21%
Yield 2016 *
-
Yield 2017 -
01/20/01 ChoiceOne Financial Services, Inc. completed the acquisition of Community Shores Bank Corporation from a group of shareholders. CI
18/20/18 Community Shores Bank Corporation and ChoiceOne Financial Services, Inc Announces Executive Changes CI
06/20/06 ChoiceOne Financial Services, Inc. entered into definitive merger agreement to acquire Community Shores Bank Corporation for $21.9 million. CI
03/17/03 Community Shores Bank Corporation and Community Shores Bank Appoint Garth D. Deur as Director CI
12/16/12 Community Shores Bank Corp. announced that it has received $2.76 million in funding CI
28/16/28 Community Shores Bank Corp. announced that it expects to receive $2.76 million in funding CI
28/16/28 Community Shores Bank Corp. announced that it has received $1.48 million in funding. CI
13/16/13 Community Shores Bank Corp. announced that it expects to receive $1.1 million in funding CI
04/16/04 Community Shores Bank Corp. announced that it has received $1.46 million in funding. CI
16/15/16 Community Shores Bank Corporation and Community Shores Bank Announce the Resignation of John M. Clark CI
01/15/01 Community Shores Bank Corp. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reports Net Loan Charge-Offs for the First Quarter Ended March 31, 2015 CI
04/15/04 Community Shores Bank Corp. Reports Unaudited Earnings Results for the Year Ended December 31, 2014 CI
17/13/17 Community Shores Bank Corp. Elects Stanley L. Boelkins as Class II Director CI
Change 5-day change 1-year change 3-year change Capi.($)
+0.95%+3.55%+18.28%+125.23% 94TCr
+1.26%+1.27%+28.07%+93.00% 44TCr
+0.28%+4.05%+18.06%+94.85% 39TCr
+1.69%+4.06%+62.02%+141.01% 36TCr
+0.46%+5.91%+5.78%+98.19% 30TCr
+0.46%-2.36%+63.02%+126.91% 29TCr
+0.38%+4.92%+14.13%+89.01% 27TCr
+0.14%-1.37%+2.36%+89.78% 26TCr
+0.11%+8.09%+74.04%+250.51% 26TCr
Average +0.64%+3.12%+31.75%+123.17% 38.87TCr
Weighted average by Cap. +0.74%+3.16%+29.17%+121.08%

Financials

2016 2017
Net sales 74.93L 65.81L 61.21L 56.16L 1.06Cr 72Cr 1.07Cr 7.27Cr 2.84Cr 35Cr 2.81Cr 2.75Cr 122.66Cr 78.7L 69.12L 64.28L 58.98L 1.11Cr 76Cr 1.13Cr 7.63Cr 2.98Cr 37Cr 2.95Cr 2.89Cr 128.82Cr
Net income 2L 1L 1L 1L 2L 1.57Cr 2L 15.82L 6L 77.23L 6L 6L 2.67Cr -10L -9L -8L -7L -13.84L -9.46Cr -14.05L -95.32L -37.24L -4.65Cr -36.89L -36.1L -16Cr
Net Debt -99.76L -87.62L -81.49L -74.78L -1.4Cr -96Cr -1.43Cr -9.68Cr -3.78Cr -47Cr -3.75Cr -3.66Cr -163.31Cr -24.49L -21.51L -20.01L -18.36L -34.49L -24Cr -35.02L -2.38Cr -92.81L -12Cr -91.94L -89.96L -40Cr
Logo Community Shores Bank Corporation
Community Shores Bank Corporation is a bank holding company. The Company owns all of the common stock of Community Shores Bank (the Bank). The Bank provides commercial and consumer banking services primarily in the communities of Muskegon County and Northern Ottawa County. The Bank's services include checking and savings accounts, certificates of deposit, electronic banking services, safe deposit boxes, courier service, and loans for commercial and consumer purposes. Electronic banking services, such as automated clearing house (ACH) and online bill pay, are offered to both personal and business customers. The Bank also uses alternative funding sources as needed, including advances from the Federal Home Loan Bank and obtaining deposits through an Internet deposit listing service. The Bank offers a range of deposit services, including checking accounts, savings accounts and time deposits of various types.
Employees
-
Sector
Banks