U.S. Markets open in 6 hrs 56 mins

California First National Bancorp (CFNB) Files 10-K for the Fiscal Year Ended on June 30, 2017

- By insider

California First National Bancorp (CFNB) files its latest 10-K with SEC for the fiscal year ended on June 30, 2017. California First National Bancorp is a bank holding company. The Company's business is leasing and financing capital assets, it also participates in the syndicated commercial loan market. California First National Bancorp has a market cap of $181.950 million; its shares were traded at around $17.70 with a P/E ratio of 16.49 and P/S ratio of 5.68. The dividend yield of California First National Bancorp stocks is 2.60%.


For the last quarter California First National Bancorp reported a revenue of $6.15 million, compared with the revenue of $8.97 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $29.5 million, an increase of 11.7% from last year. For the last five years California First National Bancorp had an average revenue growth rate of 3.1% a year.

The reported diluted earnings per share was $1.08 for the year, an increase of 30.1% from previous year. Over the last five years California First National Bancorp had an EPS growth rate of 5.8% a year. The California First National Bancorp enjoyed an operating margin of 63.56%, compared with the operating margin of 53.33% a year before. The 10-year historical median operating margin of California First National Bancorp is 52.20%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, California First National Bancorp has the cash and cash equivalents of $96.1 million, compared with $105.1 million in the previous year. The long term debt was $40.3 million, compared with $4.45 million in the previous year. The interest coverage to the debt is 2.6, which is not a favorable level. California First National Bancorp has a financial strength rank of 6 (out of 10).

At the current stock price of $17.70, California First National Bancorp is traded at close to its historical median P/S valuation band of $16.52. The P/S ratio of the stock is 5.68, while the historical median P/S ratio is 5.26. The stock gained 23.09% during the past 12 months.

For the complete 20-year historical financial data of CFNB, click here.

This article first appeared on GuruFocus.