Valuation: Community Shores Bank Corporation

Market Cap 10.87M 9.31M 8.68M 7.97M 14.97M 1.04B 15.27M 103M 40.15M 521M 40.81M 39.92M 1.73B P/E 2016
49x
P/E 2017 -12.5x
Enterprise Value 8.42M 7.21M 6.73M 6.17M 11.6M 806M 11.83M 79.8M 31.11M 404M 31.62M 30.93M 1.34B EV / Sales 2016
-0.07x
EV / Sales 2017 1.25x
Free-Float
35.21%
Yield 2016 *
-
Yield 2017 -
01/07/20 ChoiceOne Financial Services, Inc. completed the acquisition of Community Shores Bank Corporation from a group of shareholders. CI
18/06/20 Community Shores Bank Corporation and ChoiceOne Financial Services, Inc Announces Executive Changes CI
06/01/20 ChoiceOne Financial Services, Inc. entered into definitive merger agreement to acquire Community Shores Bank Corporation for $21.9 million. CI
04/10/17 Community Shores Bank Corporation and Community Shores Bank Appoint Garth D. Deur as Director CI
12/04/16 Community Shores Bank Corp. announced that it has received $2.76 million in funding CI
28/03/16 Community Shores Bank Corp. announced that it expects to receive $2.76 million in funding CI
28/03/16 Community Shores Bank Corp. announced that it has received $1.48 million in funding. CI
13/01/16 Community Shores Bank Corp. announced that it expects to receive $1.1 million in funding CI
04/01/16 Community Shores Bank Corp. announced that it has received $1.46 million in funding. CI
16/05/15 Community Shores Bank Corporation and Community Shores Bank Announce the Resignation of John M. Clark CI
02/05/15 Community Shores Bank Corp. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reports Net Loan Charge-Offs for the First Quarter Ended March 31, 2015 CI
05/02/15 Community Shores Bank Corp. Reports Unaudited Earnings Results for the Year Ended December 31, 2014 CI
17/10/13 Community Shores Bank Corp. Elects Stanley L. Boelkins as Class II Director CI
Change 5-day change 1-year change 3-year change Capi.($)
-.--%+2.49% - - 20.37M
-1.60%-3.18%+20.29%+135.99% 934B
-2.07%-3.48%+27.94%+112.50% 433B
0.00%+4.33%+25.84%+122.47% 395B
+0.77%-1.13%+56.17%+158.97% 352B
+0.49%+5.78%+19.44%+129.98% 315B
-1.25%-5.38%+49.63%+133.25% 286B
+1.19%+4.86%+24.55%+111.73% 273B
-2.61%-5.01%+7.09%+96.94% 253B
+1.27%-4.83%+55.60%+220.80% 246B
Average +0.49%-0.84%+31.84%+135.85% 348.57B
Weighted average by Cap. +0.54%-1.41%+29.68%+134.34%

Financials

2016 2017
Net sales 7.49M 6.42M 5.99M 5.49M 10.32M 717M 10.52M 71.01M 27.68M 359M 28.14M 27.52M 1.19B 7.87M 6.74M 6.29M 5.77M 10.84M 753M 11.05M 74.58M 29.07M 377M 29.55M 28.91M 1.25B
Net income 163K 140K 130K 120K 225K 15.61M 229K 1.55M 603K 7.82M 613K 599K 25.9M -983K -841K -785K -720K -1.35M -94.03M -1.38M -9.31M -3.63M -47.13M -3.69M -3.61M -156M
Net Debt -9.98M -8.54M -7.97M -7.31M -13.74M -955M -14.01M -94.55M -36.86M -478M -37.46M -36.64M -1.58B -2.45M -2.1M -1.96M -1.8M -3.37M -234M -3.44M -23.21M -9.05M -117M -9.2M -9M -389M
Logo Community Shores Bank Corporation
Community Shores Bank Corporation is a bank holding company. The Company owns all of the common stock of Community Shores Bank (the Bank). The Bank provides commercial and consumer banking services primarily in the communities of Muskegon County and Northern Ottawa County. The Bank's services include checking and savings accounts, certificates of deposit, electronic banking services, safe deposit boxes, courier service, and loans for commercial and consumer purposes. Electronic banking services, such as automated clearing house (ACH) and online bill pay, are offered to both personal and business customers. The Bank also uses alternative funding sources as needed, including advances from the Federal Home Loan Bank and obtaining deposits through an Internet deposit listing service. The Bank offers a range of deposit services, including checking accounts, savings accounts and time deposits of various types.
Employees
-
Sector
Banks
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