BNCCORP (BNCC) AI Stock Analysis

• Market Cap: $128.27M
• Dividend Yield: N/A
• Average Volume (3M): 2.69K
• Price to Earnings (P/E): 14.9
• Beta (1Y): 0.24
• Revenue Growth: 6.59%
• EPS Growth: 13.49%
• Country: US
• Employees: 138
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.62
• Shares Outstanding: 3,477,000
• 10 Day Avg. Volume: 515
• 30 Day Avg. Volume: 2,687
• PEG Ratio: 0.36
• Price to Book (P/B): 1.22
• Price to Sales (P/S): 3.15
• P/FCF Ratio: 13.74
• Enterprise Value/Market Cap: 0.24
• Enterprise Value/Revenue: 0.60
• Enterprise Value/Gross Profit: 0.81
• Enterprise Value/Ebitda: 2.45
• 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: 70 Neutral
• Price Target: $40.00 ▲(31.15% Upside)
• Action: Reiterated Date: 12/11/25
• Date: Action: Reiterated 12/11/25

BNCCORP's overall stock score reflects a stable financial position with strong profitability margins and a solid balance sheet. The technical indicators suggest a positive trend, though caution is advised due to potential overbought conditions. The valuation is reasonable, making the stock attractive for growth-oriented investors despite the lack of a dividend yield.

Positive Factors

Low Leverage / Strong Capital Structure

A debt-to-equity of 0.16 signals conservative leverage, giving BNCCORP resilience across credit cycles. Low debt reduces refinancing risk, preserves capital flexibility for lending, M&A or balance-sheet support and helps maintain regulatory/commercial trust over the medium term.

High Gross Profit Margin

A 74% gross margin reflects durable pricing power or low direct cost in core banking and advisory activities. Strong gross margins provide structural capacity to absorb operating cost increases, fund technology investments and support stable profitability longer term despite cyclical headwinds.

Strong Free Cash Flow Conversion

Near-par free cash flow conversion indicates that reported earnings largely translate into cash, supporting sustainable capital allocation. High conversion underpins investment in growth, balance-sheet strengthening, and potential shareholder returns without relying on external financing.

Negative Factors

Declining Return on Equity

A falling ROE suggests the bank is generating lower returns from shareholder capital, possibly from margin pressure, lower asset yields, or ineffective capital deployment. Persistently declining ROE can limit long-term shareholder value creation and reduce reinvestment appeal.

Weak Operating Cash Conversion

An operating cash flow to net income ratio near 0.01 hints at difficulty converting accounting profits into core cash, possibly due to working capital swings or noncash items. This structural inefficiency can constrain liquidity, capital spending and loan growth over multiple quarters.

Modest Revenue Growth and Margin Pressure

Low single-digit revenue growth and compressing net margins indicate the company faces top-line and profitability headwinds. Over the medium term this limits internal funding for expansion and increases reliance on efficiency gains or pricing power to restore stronger earnings momentum.

BNCCORP Business Overview & Revenue Model

Company Description

BNCCORP (BNCC) is a diversified financial services company that primarily operates through its banking and investment sectors. The company offers a range of products and services including commercial and consumer banking, residential and commercial real estate loans, and investment advisory services. With a focus on providing tailored financial solutions, BNCCORP serves both individual and corporate clients, leveraging technology to enhance customer experience and operational efficiency.

How the Company Makes Money

BNCCORP generates revenue through multiple streams. The core revenue comes from interest income on loans, including mortgages, personal loans, and business loans, which are provided to customers at competitive rates. Additionally, the company earns fee income from various banking services such as account maintenance fees, transaction fees, and service charges. Investment advisory services also contribute to revenue through management fees based on client assets. Furthermore, BNCCORP may engage in partnerships with fintech companies to enhance its service offerings and reach a broader customer base, thereby driving additional revenue through increased customer acquisition and retention.

BNCCORP Financial Statement Overview

Summary

BNCCORP presents a stable financial profile with strong profitability margins and a solid balance sheet. However, challenges exist in maintaining revenue growth and improving cash flow efficiency. The low leverage provides a cushion, but declining margins and cash flow ratios need attention to sustain long-term growth and profitability.

Income Statement

BNCCORP's income statement shows a mixed performance. The TTM data indicates a modest revenue growth rate of 3.42%, which is a positive sign after previous declines. Gross profit margin remains strong at 74.48%, but net profit margin has decreased to 16.72% from higher levels in past years. The EBIT and EBITDA margins are healthy, though they have seen some compression. Overall, the company demonstrates stability in profitability, but the declining margins and past revenue contractions are concerns.

Balance Sheet

The balance sheet of BNCCORP reflects a solid financial position with a low debt-to-equity ratio of 0.16, indicating conservative leverage. The return on equity is moderate at 8.30%, showing efficient use of equity capital, though it has decreased from previous years. The equity ratio is strong, suggesting a stable capital structure. While the company maintains a robust balance sheet, the declining ROE could be a potential risk if not addressed.

Cash Flow

BNCCORP's cash flow statement reveals a stable operating cash flow with a slight growth in free cash flow. The operating cash flow to net income ratio is low at 0.01, indicating potential inefficiencies in cash generation relative to net income. However, the free cash flow to net income ratio is strong at 95.87%, suggesting good cash conversion. The company needs to improve its operating cash flow generation to enhance financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	51.18M	36.29M	53.28M	52.74M	78.14M	122.50M
Gross Profit	37.97M	36.29M	41.50M	50.24M	76.35M	115.59M
EBITDA	12.54M	10.26M	8.98M	10.35M	30.76M	59.89M
Net Income	8.84M	7.93M	5.71M	6.50M	21.95M	44.61M
Balance Sheet
Total Assets	1.00B	966.68M	968.21M	943.32M	1.05B	1.07B
Cash, Cash Equivalents and Short-Term Investments	234.03M	100.81M	262.23M	248.84M	397.04M	196.16M
Total Debt	16.14M	15.46M	16.51M	17.38M	17.30M	54.91M
Total Liabilities	899.74M	873.01M	859.79M	842.98M	932.39M	955.90M
Stockholders Equity	103.74M	93.67M	108.42M	100.35M	114.99M	118.23M
Cash Flow
Free Cash Flow	11.15M	8.31M	46.08M	56.30M	207.82M	-55.61M
Operating Cash Flow	11.69M	9.36M	46.61M	56.82M	208.68M	-55.22M
Investing Cash Flow	-33.70M	-1.99M	-35.74M	-77.53M	958.00K	8.81M
Financing Cash Flow	68.41M	-9.01M	17.62M	-93.39M	-34.02M	48.33M

BNCCORP Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 30.50
• 50DMA: Positive
• 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 BNCC, the sentiment is Positive. The current price of 30.5 is below the 20-day moving average (MA) of 36.96, below the 50-day MA of 34.57, and below the 200-day MA of 30.94, indicating a neutral trend. The MACD of 0.65 indicates Positive momentum. The RSI at 64.19 is Neutral, neither overbought nor oversold. The STOCH value of 46.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BNCC.

BNCCORP Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LSBK	78 Outperform	$119.80M	16.07	6.28%	2.12%	2.27%	66.15%
MGYR	75 Outperform	$116.93M	10.53	8.51%	1.81%	12.08%	27.88%
UNB	74 Outperform	$110.53M	9.79	15.11%	6.08%	14.52%	27.90%
BNCC	70 Neutral	$128.27M	14.90	8.36%	―	6.59%	13.49%
PROV	69 Neutral	$102.28M	16.16	4.68%	3.50%	0.99%	-16.23%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
RVSB	57 Neutral	$110.60M	22.95	2.90%	1.51%	8.77%	369.81%