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Triad Business Bank (TBBC)
OTHER OTC:TBBC
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Triad Business Bank
(OTC:TBBC)
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Rating:52Neutral
Price Target:―
Triad Business Bank's overall stock score reflects its struggles with profitability and the lack of a dividend yield. The balance sheet shows cautious leverage management, but declining revenue and net losses are significant concerns. Technical analysis suggests neutral momentum, providing no clear direction. The combination of these factors results in a below-average stock score.
Triad Business Bank (TBBC) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$44.14M
Dividend YieldN/A
Average Volume (3M)799.00
Price to Earnings (P/E)―
Beta (1Y)-0.06
Revenue Growth5.59%
EPS Growth33.92%
CountryUS
Employees55
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)0.02
Shares Outstanding8,054,528
10 Day Avg. Volume1,135
30 Day Avg. Volume799
Financial Highlights & Ratios
PEG Ratio0.82
Price to Book (P/B)0.90
Price to Sales (P/S)3.23
P/FCF Ratio67.96
Enterprise Value/Market Cap0.70
Enterprise Value/Revenue1.34
Enterprise Value/Gross Profit1.31
Enterprise Value/Ebitda2.24K
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Triad Business Bank Business Overview & Revenue Model
Company DescriptionTriad Business Bank provides various banking products and services in the United States. It offers checking, savings, money market, and retirement accounts, as well as certificates of deposit; and home equity loan, real estate investment purchases or refinances, and refinance existing loan services, as well as acquisition financing and working capital loans. The company also provides online banking, personal online bill pay, E-statements, personal debit cards, and mobile deposit and banking services, as well as treasury solutions and merchant services. In addition, the company offers letters of credit products, such as export letters of credit, export documentary collections, import letter of credit, import documentary collections, and foreign or domestic letters of credit; and lines of credit products, including revolving, equipment purchases, guidance, seasonal cash flow, additional working capital, and inventory financing. Further, the company provides lockbox, remote deposit capture, and mobile capture services; ACH origination, wire origination, and purchase card services; and fraud protection services. Additionally, it offers zero balance, line of credit, and checking sweep services. The company operates three banking offices in the Triad region of North Carolina. Triad Business Bank was incorporated in 2020 and is based in Greensboro, North Carolina.
How the Company Makes MoneyTriad Business Bank generates revenue primarily through the interest income earned from commercial loans and lines of credit extended to small and medium-sized businesses. Additionally, TBBC earns non-interest income from various financial services, such as treasury management fees, service charges on deposit accounts, and other financial products. The bank also benefits from strategic partnerships with other financial institutions and service providers, which help broaden its service offerings and contribute to its overall earnings.
Triad Business Bank Financial Statement Overview
Summary
Triad Business Bank is facing challenges in achieving profitability, as evidenced by consistent net losses and declining revenue. The balance sheet reflects cautious leverage management, yet the decline in the equity ratio is concerning. Cash flow improvements in 2024 offer some optimism, but overall financial health remains precarious.Income Statement
Triad Business Bank has shown a decline in revenue from 2022 to 2023 and 2024, indicating negative growth. Both EBIT and net income margins are negative, highlighting ongoing profitability challenges. Despite generating gross profit, the bank consistently incurs net losses, suggesting operational inefficiencies.35
Negative
Balance Sheet
The company's balance sheet displays a strong equity position with no total debt in 2024, improving from previous years. This results in a favorable debt-to-equity ratio. However, a declining equity ratio from 2020 to 2024 indicates increased leverage, which could pose future risks.65
Positive
Cash Flow
Cash flow from operations turned positive in 2024, an improvement from previous years. However, free cash flow remains volatile, with growth only visible in the latest period. The operating cash flow to net income ratio suggests some ability to generate cash despite net losses.50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 22.94M | 11.76M | 8.57M | 14.94M | 9.40M | 1.85M |
| Gross Profit | 23.53M | 11.76M | 24.14M | 11.64M | 8.18M | 1.85M |
| EBITDA | 13.76K | 0.00 | -4.23M | -210.76K | -1.48M | -3.94M |
| Net Income | -2.17M | -4.30M | -4.32M | -363.67K | -1.57M | -3.99M |
Balance Sheet | ||||||
| Total Assets | 521.42M | 525.16M | 511.15M | 445.11M | 372.98M | 221.10M |
| Cash, Cash Equivalents and Short-Term Investments | 21.55M | 23.95M | 33.61M | 30.18M | 38.74M | 41.16M |
| Total Debt | 30.00M | 25.15M | 9.00M | 11.15M | 8.03M | 26.58M |
| Total Liabilities | 478.01M | 482.94M | 473.55M | 406.67M | 316.01M | 176.25M |
| Stockholders Equity | 43.41M | 42.22M | 37.60M | 38.44M | 56.98M | 44.86M |
Cash Flow | ||||||
| Free Cash Flow | -1.46M | 558.74K | -1.55M | 3.04M | 319.26K | -4.00M |
| Operating Cash Flow | -1.46M | 613.40K | -1.54M | 3.05M | 334.48K | -3.47M |
| Investing Cash Flow | 0.00 | -26.18M | -61.49M | -101.13M | -157.40M | -177.16M |
| Financing Cash Flow | 0.00 | 15.91M | 66.46M | 89.51M | 154.64M | 221.80M |
Triad Business Bank Technical Analysis
Neutral
5.60
Price Trends
5.47
Positive
5.35
Positive
5.22
Positive
Market Momentum
>-0.01
Positive
47.88
Neutral
2.47
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TBBC, the sentiment is Neutral. The current price of 5.6 is above the 20-day moving average (MA) of 5.53, above the 50-day MA of 5.47, and above the 200-day MA of 5.22, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.88 is Neutral, neither overbought nor oversold. The STOCH value of 2.47 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TBBC.
Triad Business Bank Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | $43.43M | 11.24 | 7.20% | 3.71% | -2.93% | 7.89% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | $50.38M | 13.62 | 3.45% | 4.10% | 6.06% | ― | |
52 Neutral | $44.14M | ― | -3.80% | ― | 5.59% | 33.92% | |
52 Neutral | $32.27M | 174.44 | 0.38% | 3.03% | 19.55% | ― | |
49 Neutral | $13.78M | 443.93 | 0.17% | 2.11% | 8.99% | -94.06% |
* Financial Sector Average
TBBC
Triad Business Bank
5.60
0.32
6.06%
ASRV
Ameriserv Financial
2.93
0.42
16.73%
GLBZ
Glen Burnie Bancorp
4.70
-0.66
-12.31%
HFBL
Home Federal Bancorp Of Louisiana
14.15
2.10
17.43%
KFFB
Kentucky First Federal Bancorp
3.69
0.52
16.40%
PBBK
PB Bankshares
18.90
3.97
26.59%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.