Elmer Bancorp (ELMA) AI Stock Analysis

• Market Cap: $29.58M
• Dividend Yield: 2.2%
• Average Volume (3M): 354.00
• Price to Earnings (P/E): 8.4
• Beta (1Y): -0.02
• Revenue Growth: 14.87%
• EPS Growth: 18.79%
• Country: US
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.63
• Shares Outstanding: 1,219,680
• 10 Day Avg. Volume: 266
• 30 Day Avg. Volume: 354
• PEG Ratio: -0.91
• Price to Book (P/B): 0.72
• Price to Sales (P/S): 1.31
• P/FCF Ratio: 11.98
• Enterprise Value/Market Cap: -0.67
• Enterprise Value/Revenue: -1.43
• Enterprise Value/Gross Profit: -1.55
• Enterprise Value/Ebitda: -6.14
• 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: 78 Outperform
• Price Target: $26.00 ▲(12.07% Upside)
• Action: Reiterated Date: 12/30/25
• Date: Action: Reiterated 12/30/25

The score is driven primarily by strong financial quality—especially a low-leverage balance sheet—and an attractive valuation (low P/E with a dividend). Technicals are supportive with an uptrend and positive MACD, but momentum is somewhat extended (high RSI/stochastic), and fundamentals show some recent pressure from lower 2024 margins/returns and variable cash-flow metrics.

Positive Factors

Revenue Growth

Elmer Bancorp's strong revenue growth indicates effective market penetration and product demand, supporting long-term business sustainability.

Balance Sheet Health

A debt-free balance sheet enhances financial stability, providing flexibility for future investments and shielding against economic downturns.

Profitability

Improved profit margins reflect operational efficiency and effective cost management, contributing to sustainable profitability.

Negative Factors

Operational Inefficiencies

Negative EBITDA suggests operational inefficiencies that could hinder profitability and cash flow if not addressed, impacting long-term growth.

Cash Flow Sustainability

While cash flow is currently strong, negative EBITDA raises concerns about future cash generation, potentially affecting investment capacity.

Operational Costs

High operational costs could erode margins and profitability, necessitating cost management to ensure long-term financial health.

Elmer Bancorp Business Overview & Revenue Model

Company Description

Elmer Bancorp, Inc. operates as the bank holding company for The First National Bank of Elmer that provides various business and personal banking products and services. It provides checking, money market, savings, NOW, Christmas club, and individual retirement accounts; and certificates of deposit. The company also offers business loans comprising owner occupied real estate, investment real estate, agricultural, business expansion, vehicle, term, construction, and construction to permanent loans, as well as business lines of credit and letters of credit; and small business administration loans, term loans, home equity loans, lines of credit, residential mortgages, consumer loans, and commercial mortgages. In addition, it provides merchant, cash management, remote deposit capture, and electronic bill payments services; mobile, text message, and online banking services; VISA check cards; and debit and credit cards. The company offers its products and services through six full-service branch offices located in Cumberland, Gloucester, and Salem Counties, New Jersey. Elmer Bancorp, Inc. was founded in 1903 and is based in Elmer, New Jersey.

How the Company Makes Money

Elmer Bancorp generates revenue through a diversified model comprising interest income, non-interest income, and fee-based services. The primary revenue stream is interest income, which is earned from loans and mortgages provided to customers and businesses. This includes interest on personal loans, commercial loans, and mortgages. In addition to interest income, the company earns non-interest income from fees associated with account maintenance, transaction services, and other banking activities. Wealth management and investment services also contribute to Elmer Bancorp's revenue, generating income through advisory fees, asset management, and brokerage services. The company leverages strategic partnerships with financial institutions and technology providers to enhance its service offerings and drive additional revenue sources.

Elmer Bancorp Financial Statement Overview

Summary

Above-average fundamentals supported by a very strong, conservatively positioned balance sheet (zero total debt, growing equity) and steady long-term revenue growth. Offsetting factors include a notable step-down in 2024 net margin/returns versus 2023 and some cash-flow variability/low coverage ratios that warrant monitoring.

Income Statement

Revenue has grown steadily over the last several years, accelerating in 2024 (up ~11% vs. 2023). Profitability is solid for a regional bank, with net margin in the mid-to-high teens historically, though 2024 net margin dipped versus 2023 (roughly 15% vs. ~20%), signaling some pressure on earnings power. Operating profitability remains healthy overall, but results show some volatility year-to-year (e.g., the unusual EBITDA weakness in 2023).

Balance Sheet

The balance sheet appears conservatively positioned with zero total debt reported across all periods, implying low financial leverage risk. Equity has grown over time, and returns on equity have been consistently positive (roughly mid-single to high-single digits), though 2024 softened versus 2023. Overall, strong capitalization and low leverage are key strengths, with the main weakness being only moderate returns rather than standout profitability.

Cash Flow

Cash generation is generally positive, with free cash flow consistently covering most of net income in recent years (around ~80–88% from 2021–2024), supporting earnings quality. However, operating cash flow and free cash flow can swing meaningfully year-to-year (notably weaker conversion in 2020), and the provided operating cash flow coverage ratios are very low in all periods—suggesting cash flow relative to the base used in that metric is thin and potentially a monitoring point.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	13.83M	19.36M	16.02M	14.60M	13.77M	13.35M
Gross Profit	12.77M	15.68M	16.02M	13.84M	12.91M	12.42M
EBITDA	3.23M	4.22M	-274.15K	3.91M	2.94M	2.26M
Net Income	2.53M	2.85M	3.18M	2.60M	1.95M	1.47M
Balance Sheet
Total Assets	404.58M	380.73M	364.58M	371.53M	375.69M	330.42M
Cash, Cash Equivalents and Short-Term Investments	0.00	4.50M	39.25M	5.84M	4.06M	3.57M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	367.21M	345.34M	331.86M	342.23M	346.23M	302.22M
Stockholders Equity	37.37M	35.38M	32.72M	29.30M	29.47M	28.20M
Cash Flow
Free Cash Flow	0.00	2.12M	3.08M	2.12M	1.24M	350.17K
Operating Cash Flow	0.00	2.40M	3.58M	2.73M	1.73M	1.87M
Investing Cash Flow	0.00	-24.23M	-9.04M	-24.88M	4.40M	-33.31M
Financing Cash Flow	0.00	12.82M	-11.03M	-4.66M	43.68M	43.04M

Elmer Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 23.20
• 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 ELMA, the sentiment is Positive. The current price of 23.2 is below the 20-day moving average (MA) of 23.92, below the 50-day MA of 23.25, and above the 200-day MA of 22.14, indicating a bullish trend. The MACD of 0.29 indicates Positive momentum. The RSI at 56.60 is Neutral, neither overbought nor oversold. The STOCH value of 21.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ELMA.

Elmer Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ELMA	78 Outperform	$29.58M	8.40	8.96%	2.20%	14.87%	18.79%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
KFFB	54 Neutral	$37.12M	44.69	1.11%	―	15.56%	―
BAFN	48 Neutral	$27.21M	-1.12	-11.14%	4.10%	1.63%	-508.72%
GLBZ	44 Neutral	$14.48M	-491.09	0.09%	―	5.76%	-72.73%