Dogwood State Bank (DSBX) AI Stock Analysis

• Market Cap: $396.80M
• Dividend Yield: N/A
• Average Volume (3M): 31.14K
• Price to Earnings (P/E): 26.5
• Beta (1Y): 0.19
• Revenue Growth: 84.41%
• EPS Growth: 21.05%
• Country: US
• Employees: 136
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.40
• Shares Outstanding: 17,914,242
• 10 Day Avg. Volume: 42,718
• 30 Day Avg. Volume: 31,136
• PEG Ratio: -0.79
• Price to Book (P/B): 1.00
• Price to Sales (P/S): 2.11
• P/FCF Ratio: -62.06
• Enterprise Value/Market Cap: 1.02
• Enterprise Value/Revenue: 3.50
• Enterprise Value/Gross Profit: 4.44
• Enterprise Value/Ebitda: 23.16
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: ―

Dogwood State Bank's strong financial performance is a key strength, with notable revenue growth and profitability. However, technical analysis reveals caution due to overbought signals, and valuation metrics suggest the stock is overvalued, posing a risk if growth expectations fall short. The combination of these factors results in a moderate overall score.

Dogwood State Bank Business Overview & Revenue Model

Company Description

Dogwood State Bank (DSBX) is a community-focused financial institution headquartered in North Carolina. It operates within the banking sector, offering a range of financial services primarily targeted at individuals, small businesses, and local enterprises. The bank provides core products such as checking and savings accounts, personal and business loans, and mortgage services. Additionally, Dogwood State Bank emphasizes personalized customer service and community engagement as part of its operational strategy.

How the Company Makes Money

Dogwood State Bank generates revenue through various channels, primarily from the interest income on loans and credit products provided to its customers. The bank extends personal loans, business loans, and mortgages, earning interest over the life of these financial products. Another significant revenue stream comes from service fees associated with maintaining checking and savings accounts, as well as transaction fees for services like wire transfers and foreign currency exchanges. The bank also benefits from partnerships with local businesses, enhancing its product offerings and customer reach. Additionally, investment income from securities and other financial instruments contributes to its earnings, albeit to a lesser extent compared to its core banking operations.

Dogwood State Bank Financial Statement Overview

Summary

Overall, Dogwood State Bank is performing well across its financial statements, demonstrating strong revenue growth, sound profitability, and efficient cash flow management. The balance sheet shows prudent leverage, although there is room to enhance asset management. While the income statement and cash flow metrics indicate operational strengths, maintaining or improving EBIT margins will be critical for sustaining profitability.

Income Statement

Dogwood State Bank has demonstrated a solid revenue growth trajectory, with the most recent year showing a notable increase of 13.86% in total revenue. The gross profit margin is consistent and high at 131.49% due to accounting practices specific to the banking industry, while the net profit margin of 19.39% reflects strong profitability. However, the EBIT margin has decreased from previous years, indicating some operational challenges.

Balance Sheet

The bank maintains a robust equity position, with a debt-to-equity ratio of 0.37 indicating conservative leverage. The return on equity is strong at 6.47%, suggesting efficient use of shareholder funds. The equity ratio of 11.48% indicates a solid asset base relative to equity, though slightly below typical banking standards, suggesting room for improvement in asset management.

Cash Flow

Dogwood State Bank has shown a substantial increase in free cash flow, growing by 56.16% over the past year, which is a positive sign of operational efficiency. The operating cash flow to net income ratio of 1.30 indicates healthy cash generation relative to net income. However, the free cash flow to net income ratio of 0.86 suggests that a considerable portion of net income is not being converted into free cash flow, which could impact liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	115.31M	109.66M	70.98M	42.20M	29.42M	21.93M
Gross Profit	90.94M	67.43M	49.75M	45.52M	38.08M	19.63M
EBITDA	17.43M	8.96M	0.00	15.49M	5.83M	-3.02M
Net Income	16.36M	5.87M	10.65M	10.60M	4.39M	178.00K
Balance Sheet
Total Assets	2.36B	2.21B	1.43B	1.12B	925.09M	611.53M
Cash, Cash Equivalents and Short-Term Investments	287.31M	0.00	177.91M	80.93M	163.93M	84.11M
Total Debt	121.73M	155.59M	61.19M	69.73M	12.58M	41.45M
Total Liabilities	2.12B	1.98B	1.27B	980.34M	806.13M	523.96M
Stockholders Equity	246.46M	230.19M	164.50M	137.92M	118.96M	87.58M
Cash Flow
Free Cash Flow	0.00	-3.72M	9.18M	5.88M	6.51M	-7.28M
Operating Cash Flow	0.00	2.53M	13.80M	8.79M	6.93M	-6.54M
Investing Cash Flow	0.00	-136.75M	-221.53M	-248.16M	-243.79M	-240.33M
Financing Cash Flow	0.00	91.75M	296.51M	184.15M	305.52M	259.43M

Dogwood State Bank Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 22.15
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DSBX, the sentiment is Positive. The current price of 22.15 is below the 20-day moving average (MA) of 22.70, below the 50-day MA of 23.65, and above the 200-day MA of 17.31, indicating a neutral trend. The MACD of -0.23 indicates Positive momentum. The RSI at 46.32 is Neutral, neither overbought nor oversold. The STOCH value of 28.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DSBX.

Dogwood State Bank Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FBIZ	76 Outperform	$420.96M	8.32	15.02%	2.21%	8.21%	29.65%
RRBI	73 Outperform	$430.64M	10.87	12.03%	0.73%	7.81%	26.91%
HBCP	70 Outperform	$416.54M	9.47	10.86%	2.11%	6.25%	24.92%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
COFS	68 Neutral	$433.48M	21.27	6.16%	3.88%	50.36%	-56.64%
KRNY	65 Neutral	$411.78M	13.54	3.92%	6.92%	4.38%	―
DSBX	62 Neutral	$396.80M	26.48	7.76%	―	84.41%	21.05%