ES Bancshares (ESBS) AI Stock Analysis

• Market Cap: $48.38M
• Dividend Yield: N/A
• Average Volume (3M): 586.00
• Price to Earnings (P/E): 18.9
• Beta (1Y): -0.04
• Revenue Growth: 8.30%
• EPS Growth: 853.73%
• Country: US
• Employees: 37
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.15
• Shares Outstanding: 6,663,320
• 10 Day Avg. Volume: 160
• 30 Day Avg. Volume: 586
• PEG Ratio: -1.48
• Price to Book (P/B): 0.94
• Price to Sales (P/S): 2.90
• P/FCF Ratio: -25.12
• Enterprise Value/Market Cap: 1.14
• Enterprise Value/Revenue: 1.85
• Enterprise Value/Gross Profit: 3.10
• Enterprise Value/Ebitda: 15.59
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 58 Neutral
• Price Target: ―

ES Bancshares' overall stock score reflects a challenging financial environment, as evidenced by declining revenues and profitability pressures. Despite technical indicators showing some positive momentum, the high valuation and lack of clear guidance from the earnings call contribute to a cautious outlook. The stock's resilience is noted, but investors should be wary of potential overvaluation given the current financial and market conditions.

ES Bancshares Business Overview & Revenue Model

Company Description

ES Bancshares, Inc. (ESBS) is a financial holding company that operates primarily through its subsidiary, Empire State Bank. The bank provides a range of commercial and retail banking services to individuals, businesses, and municipalities, primarily in New York. Its core services include accepting deposits, offering loans, and providing cash management solutions. ES Bancshares focuses on personalized customer service and community banking to meet the financial needs of its clients.

How the Company Makes Money

ES Bancshares generates revenue through interest income from loans and investments, which constitutes a significant portion of its earnings. The bank offers various types of loans, including commercial real estate, residential mortgages, and consumer loans, and earns interest from these lending activities. Additionally, ES Bancshares earns income from service charges on deposit accounts, transaction fees, and other banking services. The company may also engage in securities trading and investment activities to diversify its income streams. Key factors contributing to its earnings include interest rate fluctuations, loan demand, and the bank's ability to manage credit risk effectively.

ES Bancshares Financial Statement Overview

Summary

ES Bancshares exhibits a stable but challenging financial position. While the company has shown efficiency improvements and maintains a solid balance sheet, declining revenue and profitability margins pose risks. The cash flow situation reflects operational challenges, signaling the need for strategic adjustments to enhance cash generation. Overall, the company remains resilient but must navigate economic pressures to sustain growth and profitability.

Income Statement

The income statement reveals a mixed performance. The gross profit margin has increased significantly, indicating improved efficiency in generating revenue. However, total revenue has shown a declining trend over the recent years, with a notable drop from 2022 to 2023. Net profit margin has also decreased, reflecting challenges in maintaining profitability. Despite the decline in EBIT and EBITDA margins, the company has maintained a positive net income, indicating resilience in challenging conditions.

Balance Sheet

The balance sheet presents a stable financial position with a reasonable debt-to-equity ratio, although it has increased slightly, indicating a higher reliance on debt. The equity ratio remains relatively strong, highlighting the company's solid equity base. Return on equity has decreased, suggesting reduced profitability in relation to shareholder equity. Overall, the company's assets have grown, though its debt levels warrant monitoring.

Cash Flow

The cash flow statement indicates challenges in free cash flow generation, with a notable decrease in free cash flow from the previous year. Operating cash flow has declined significantly, impacting the company's ability to generate cash from operations. The free cash flow to net income ratio has reduced, reflecting constraints in converting income into free cash flow. Despite these challenges, the company has managed capital expenditures effectively.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	29.80M	15.36M	29.29M	22.60M	21.82M	19.57M
Gross Profit	17.80M	15.36M	16.95M	18.77M	18.48M	12.36M
EBITDA	3.54M	1.40M	3.86M	8.50M	6.67M	2.51M
Net Income	2.63M	1.10M	1.47M	5.25M	4.63M	1.21M
Balance Sheet
Total Assets	644.98M	640.50M	638.75M	587.86M	515.69M	515.77M
Cash, Cash Equivalents and Short-Term Investments	46.76M	0.00	40.90M	46.90M	63.01M	69.00M
Total Debt	57.26M	68.04M	91.19M	85.66M	34.55M	96.96M
Total Liabilities	595.57M	592.95M	592.89M	543.85M	476.44M	481.07M
Stockholders Equity	49.41M	47.55M	45.86M	44.00M	39.25M	34.70M
Cash Flow
Free Cash Flow	0.00	-1.77M	1.50M	3.02M	4.85M	8.04M
Operating Cash Flow	0.00	-1.71M	1.91M	4.20M	7.60M	8.47M
Investing Cash Flow	0.00	-1.92M	-55.99M	-158.76M	-8.23M	-57.53M
Financing Cash Flow	0.00	-2.39M	48.69M	133.60M	-2.82M	86.32M

ES Bancshares Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 7.26
• 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 ESBS, the sentiment is Neutral. The current price of 7.26 is below the 20-day moving average (MA) of 7.27, below the 50-day MA of 7.27, and above the 200-day MA of 6.69, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 49.83 is Neutral, neither overbought nor oversold. The STOCH value of 63.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ESBS.

ES Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OPHC	72 Outperform	$47.59M	3.09	14.85%	―	25.77%	12.09%
HFBL	69 Neutral	$43.27M	11.20	7.20%	3.70%	-2.93%	7.89%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
ASRV	65 Neutral	$48.40M	13.09	3.45%	4.10%	6.06%	―
ESBS	58 Neutral	$48.38M	18.94	5.49%	―	8.30%	853.73%
CLST	57 Neutral	$55.05M	23.66	2.69%	―	107.33%	―