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Level One Bancorp, Inc. (LEVL)
Key financial summary
Financials in USD| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total net revenue | $m | 48 | 46 | 44 | 46 | 80 | 92 | 92 |
| Operating profit | $m | 48 | 48 | |||||
| Net profit | $m | 11 | 10 | 14 | 16 | 20 | 32 | 32 |
| EPS reported | $ | 4.21 | 4.25 | |||||
| Operating cashflow per share | $ | 0.00 | 0.00 | |||||
| Capex per share | $ | 0.00 | 0.00 | |||||
| FCF per share | $ | 0.00 | 0.00 | |||||
| Free cash flow | $m | 0 | 44 | |||||
| Net debt | $m | -519 | -519 | |||||
| Book value equity | $m | 240 | 240 | |||||
| Book value per share | $ | 31.16 | 31.16 | |||||
| Number of shares | m | 7.71 | 7.71 | |||||
| DPS (TTM paid) | $ | 0.24 | 0.25 |
Financial summary
Financials in USD| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 9.37 | - | |||||
| P/B LTM | x | 1.27 | 1.28 | |||||
| P/S LTM | x | 3.31 | 3.35 | |||||
| P/FCF LTM | x | 0.00 | 7.01 | |||||
| EV/EBITDA LTM | x | 3.75 | -4.25 | |||||
| EV/Sales LTM | x | 1.82 | -2.30 | |||||
| Earnings Yield LTM | % | 10.67% | 10.56% | |||||
| FCF Yield | % | 0.00% | 14.26% | |||||
| Quality | ||||||||
| ROE | % | 13.53% | 14.26% | |||||
| ROIC | % | 1.55% | 1.55% | |||||
| Operating margin | % | 47.91% | 47.91% | |||||
| Gross margin | % | 100.00% | 100.00% | |||||
| FCF/Sales | % | 0.00% | 0.00% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +58.27% | +58.27% | |||||
| Sales Growth YoY | % | +15.42% | +15.42% | |||||
| Net Income Growth YoY | % | +59.10% | +59.10% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | +19.03% | +19.03% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.61% | 0.63% | |||||
| Dividend Growth | % | +20.00% | - | |||||
| Payout Ratio | % | 5.69% | 8.31% | |||||
| FCF/Debt | x | 0.00 | 0.21 | |||||
| Net Debt/EBITDA | x | -2.51 | -2.51 | |||||
| EBIT/Net interest | x | 5.95 | 5.95 | |||||
| Net debt/market cap | % | -170.87% | -168.77% | |||||
| Net debt/Equity | x | -2.16 | -2.16 | |||||
| Gross debt/equity | x | 0.87 | 0.87 | |||||
Company overview
Level One Bancorp, Inc. functions as the parent company for Level One Bank, offering a full range of financial products and services to businesses and individuals across Michigan. The bank's deposit options include checking, interest-bearing demand, money market, savings, and certificate of deposit accounts. Its lending portfolio features diverse credit solutions such as commercial real estate loans (including construction and land development), commercial and industrial financing (like lines of credit, term loans, and Small Business Administration programs), residential property mortgages, and consumer loans (such as home equity, automobile, and credit card services). Furthermore, Level One provides cash and treasury management, mobile and online banking capabilities, debit cards, and automated teller machine access. The company's client base spans individuals, owner-operated enterprises, professional practices, real estate specialists, and non-profit organizations. By January 29, 2021, it managed sixteen branch locations throughout southeast and west Michigan, alongside a mortgage origination office in Ann Arbor. Established in 2006 with its headquarters in Farmington Hills, Michigan, Level One Bancorp, Inc. has been operating as a subsidiary of First Merchants Corporation since April 1, 2022.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Level One Bancorp, Inc. (LEVL)
Level One Bancorp, Inc. functions as the parent company for Level One Bank, offering a full range of financial products and services to businesses and individuals across Michigan. The bank's deposit options include checking, interest-bearing demand, money market, savings, and certificate of deposit accounts. Its lending portfolio features diverse credit solutions such as commercial real estate loans (including construction and land development), commercial and industrial financing (like lines of credit, term loans, and Small Business Administration programs), residential property mortgages, and consumer loans (such as home equity, automobile, and credit card services). Furthermore, Level One provides cash and treasury management, mobile and online banking capabilities, debit cards, and automated teller machine access. The company's client base spans individuals, owner-operated enterprises, professional practices, real estate specialists, and non-profit organizations. By January 29, 2021, it managed sixteen branch locations throughout southeast and west Michigan, alongside a mortgage origination office in Ann Arbor. Established in 2006 with its headquarters in Farmington Hills, Michigan, Level One Bancorp, Inc. has been operating as a subsidiary of First Merchants Corporation since April 1, 2022.
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