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Limestone Bancorp, Inc. (LMST)
Key financial summary
Financials in USD| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total net revenue | $m | 30 | 29 | 26 | 35 | 45 | 47 | 44 |
| Operating profit | $m | 33 | 38 | |||||
| Net profit | $m | 38 | 9 | 11 | 9 | 15 | 18 | 19 |
| EPS reported | $ | 2.40 | 2.49 | |||||
| Operating cashflow per share | $ | 3.34 | 3.34 | |||||
| Capex per share | $ | 0.09 | 0.09 | |||||
| FCF per share | $ | 3.25 | 3.25 | |||||
| Free cash flow | $m | 24 | 24 | |||||
| Net debt | $m | -39 | -68 | |||||
| Book value equity | $m | 134 | 138 | |||||
| Book value per share | $ | 17.83 | 18.13 | |||||
| Number of shares | m | 7.51 | 7.63 | |||||
| DPS (TTM paid) | $ | 0.20 | 0.20 |
Financial summary
Financials in USD| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 10.18 | - | |||||
| P/B LTM | x | 1.37 | 1.29 | |||||
| P/S LTM | x | 3.92 | 4.07 | |||||
| P/FCF LTM | x | 7.51 | 7.32 | |||||
| EV/EBITDA LTM | x | 10.31 | 1.43 | |||||
| EV/Sales LTM | x | 6.52 | 2.52 | |||||
| Earnings Yield LTM | % | 9.82% | 10.43% | |||||
| FCF Yield | % | 13.32% | 13.66% | |||||
| Quality | ||||||||
| ROE | % | 13.70% | 13.85% | |||||
| ROIC | % | 5.27% | 5.27% | |||||
| Operating margin | % | 59.14% | 59.14% | |||||
| Gross margin | % | 100.00% | 100.00% | |||||
| FCF/Sales | % | 43.94% | 43.94% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +22.45% | +23.88% | |||||
| Sales Growth YoY | % | +4.47% | -3.68% | |||||
| Net Income Growth YoY | % | +23.03% | +24.11% | |||||
| FCF Growth | % | +16.14% | +16.14% | |||||
| Operating Profit Growth | % | +68.12% | +48.61% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.83% | 0.85% | |||||
| Dividend Growth | % | - | - | |||||
| Payout Ratio | % | 8.33% | 8.33% | |||||
| FCF/Debt | x | 0.13 | 0.19 | |||||
| Net Debt/EBITDA | x | 5.09 | 5.09 | |||||
| EBIT/Net interest | x | 3.76 | 3.76 | |||||
| Net debt/market cap | % | -21.17% | -38.11% | |||||
| Net debt/Equity | x | -0.29 | -0.49 | |||||
| Gross debt/equity | x | 1.39 | 0.91 | |||||
Company overview
Limestone Bancorp, Inc. functions as the parent company for Limestone Bank, Inc., offering a comprehensive suite of banking solutions for both individual and corporate clients. Its deposit offerings encompass savings, interest-bearing checking, and money market accounts, alongside fixed-rate certificates of deposit (CDs) available with diverse maturity terms. The bank extends a variety of lending options. For businesses, these include commercial loans to finance equipment, working capital, and other operational needs. Commercial real estate financing is also available, covering owner-occupied and tenant-leased properties, as well as construction and development projects for land, homes, and commercial structures. Individuals can access residential real estate and consumer loans. Furthermore, the company provides agricultural loans, typically secured by livestock, crops, or farm equipment, along with specialized financing like loans to local governments, stock-secured loans, and overdraft facilities. Beyond core banking, Limestone Bank provides a wide array of convenience services. These include drive-through facilities, ATMs, personalized checks, credit and debit cards, and electronic fund transfers (EFT) via ACH. It also facilitates domestic and international wire transfers, and manages loan and deposit sweep accounts. Modern services such as curbside banking, night deposit, internet and mobile banking, treasury and cash management, remote deposit, and vault services are also available to customers. Limestone Bancorp primarily caters to the financial needs of communities, small to medium-sized businesses, their owners and employees, as well as other executives and professionals. Its operational footprint spans 20 banking offices across 14 counties within Kentucky. Founded in 1902 and headquartered in Louisville, Kentucky, the company rebranded from Porter Bancorp, Inc. to Limestone Bancorp, Inc. in May 2018.
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Limestone Bancorp, Inc. (LMST)
Limestone Bancorp, Inc. functions as the parent company for Limestone Bank, Inc., offering a comprehensive suite of banking solutions for both individual and corporate clients. Its deposit offerings encompass savings, interest-bearing checking, and money market accounts, alongside fixed-rate certificates of deposit (CDs) available with diverse maturity terms. The bank extends a variety of lending options. For businesses, these include commercial loans to finance equipment, working capital, and other operational needs. Commercial real estate financing is also available, covering owner-occupied and tenant-leased properties, as well as construction and development projects for land, homes, and commercial structures. Individuals can access residential real estate and consumer loans. Furthermore, the company provides agricultural loans, typically secured by livestock, crops, or farm equipment, along with specialized financing like loans to local governments, stock-secured loans, and overdraft facilities. Beyond core banking, Limestone Bank provides a wide array of convenience services. These include drive-through facilities, ATMs, personalized checks, credit and debit cards, and electronic fund transfers (EFT) via ACH. It also facilitates domestic and international wire transfers, and manages loan and deposit sweep accounts. Modern services such as curbside banking, night deposit, internet and mobile banking, treasury and cash management, remote deposit, and vault services are also available to customers. Limestone Bancorp primarily caters to the financial needs of communities, small to medium-sized businesses, their owners and employees, as well as other executives and professionals. Its operational footprint spans 20 banking offices across 14 counties within Kentucky. Founded in 1902 and headquartered in Louisville, Kentucky, the company rebranded from Porter Bancorp, Inc. to Limestone Bancorp, Inc. in May 2018.
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