IF Bancorp (IROQ) AI Stock Analysis

• Market Cap: $83.29M
• Dividend Yield: 1.61%
• Average Volume (3M): 1.38K
• Price to Earnings (P/E): 24.3
• Beta (1Y): -0.03
• Revenue Growth: 11.65%
• EPS Growth: 67.39%
• Country: US
• Employees: 109
• Sector: Financial
• Sector Strength: 78
• Industry: Banks - Regional
• EPS (TTM): 0.31
• Shares Outstanding: 3,351,526
• 10 Day Avg. Volume: 1,676
• 30 Day Avg. Volume: 1,380
• PEG Ratio: 2.53
• Price to Book (P/B): 1.02
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 17.57
• Enterprise Value/Market Cap: 2.16
• Enterprise Value/Revenue: 0.95
• Enterprise Value/Gross Profit: 7.15
• Enterprise Value/Ebitda: 11.24
• 1Y Price Target: $28.00
• Price Target Upside: 12.68% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 67 Neutral
• Price Target: $27.00 ▲(8.65%Upside)

The overall score reflects strong financial performance, particularly in cash flow generation, tempered by challenges in profitability margins and rising leverage. Technical indicators suggest moderate upward momentum, but valuation metrics indicate potential overvaluation. Lack of recent earnings call data and corporate events means these factors did not influence the score.

IF Bancorp Business Overview & Revenue Model

Company Description

IF Bancorp, Inc. (NASDAQ: IROQ) is a holding company for Iroquois Federal Savings and Loan Association, a federally-chartered savings association headquartered in Watseka, Illinois. The company operates in the financial services sector, providing a range of banking products and services. Its core offerings include savings accounts, checking accounts, certificates of deposit, residential and commercial mortgages, consumer loans, and business loans. Additionally, Iroquois Federal offers investment advisory and insurance services, aiming to meet the diverse financial needs of its customers.

How the Company Makes Money

IF Bancorp primarily generates revenue through the net interest margin, which is the difference between the interest income it earns on loans and investment securities and the interest it pays on customer deposits and borrowed funds. The company also earns non-interest income from fees and service charges related to deposit accounts, loan origination fees, and commissions from investment and insurance services. A portion of its revenue is also derived from gains on the sale of loans and securities. Key partnerships with financial service providers and its strategic focus on expanding its loan portfolio and deposit base are significant factors contributing to its earnings.

IF Bancorp Financial Statement Overview

Summary

IF Bancorp demonstrates strong gross profit margins and a debt-free balance sheet, reflecting healthy operations and financial stability. However, declining revenue and net profit margins, along with moderate cash flow efficiency, highlight areas for improvement. The banking industry context suggests that maintaining revenue growth and enhancing profitability will be crucial for future performance.

Income Statement

The gross profit margin for TTM (Trailing-Twelve-Months) is strong at 85.0%, indicating efficient cost management. However, the net profit margin has decreased to 7.3%, reflecting potential challenges in converting revenue to profit. The revenue growth rate is negative at -20.11% from the previous annual report, suggesting revenue contraction. EBIT and EBITDA margins are at 59.9% and 2.7% respectively, with a significant drop in EBITDA margin due to lower depreciation benefits.

Balance Sheet

With a debt-to-equity ratio at 0.0 in TTM, the company exhibits strong financial stability with no leverage risk. The equity ratio remains healthy at 8.6%, though slightly lower compared to historical trends, indicating reasonable equity financing. ROE has declined to 3.9% in TTM, suggesting reduced profitability on equity compared to previous years.

Cash Flow

Free cash flow has improved with a growth rate of 38.3% in TTM, showing positive cash generation. The operating cash flow to net income ratio is slightly below 1, indicating limited cash conversion efficiency. The free cash flow to net income ratio suggests sufficient cash generation relative to net income, but efficiency can be improved.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	48.27M	45.37M	36.17M	30.29M	30.59M	31.77M
Gross Profit	25.10M	22.08M	26.32M	27.27M	25.56M	22.94M
EBITDA	5.08M	3.03M	6.92M	8.50M	8.06M	6.55M
Net Income	3.29M	1.79M	4.66M	5.78M	5.35M	4.25M
Balance Sheet
Total Assets	879.14M	887.75M	848.98M	857.56M	797.34M	735.52M
Cash, Cash Equivalents and Short-Term Investments	176.88M	200.30M	213.54M	298.22M	252.63M	198.86M
Total Debt	104.91M	76.02M	30.29M	24.24M	34.24M	41.24M
Total Liabilities	800.20M	813.83M	777.22M	785.90M	712.04M	652.95M
Stockholders Equity	78.94M	73.92M	71.75M	71.66M	85.30M	82.56M
Cash Flow
Free Cash Flow	4.77M	2.04M	516.00K	8.28M	6.59M	6.74M
Operating Cash Flow	4.99M	2.28M	2.77M	8.67M	6.87M	6.90M
Investing Cash Flow	21.65M	-39.75M	-57.12M	-68.80M	-36.04M	-34.30M
Financing Cash Flow	-33.83M	36.05M	-10.47M	73.21M	58.44M	1.27M

IF Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 24.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IROQ, the sentiment is Positive. The current price of 24.85 is above the 20-day moving average (MA) of 24.59, above the 50-day MA of 24.41, and above the 200-day MA of 23.19, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 53.75 is Neutral, neither overbought nor oversold. The STOCH value of 57.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IROQ.

IF Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FUSB	75 Outperform	$75.80M	10.27	8.10%	2.12%	5.04%	-6.92%
LSBK	73 Outperform	$89.56M	18.17	5.61%	4.56%	1.62%	21.82%
UBCP	73 Outperform	$82.01M	11.47	11.29%	5.23%	5.81%	-22.37%
AUBN	70 Neutral	$99.47M	15.17	8.32%	3.79%	22.78%	722.30%
Sector *	67 Neutral	$16.88B	11.72	9.78%	3.73%	11.83%	-7.72%
IROQ	67 Neutral	$83.29M	24.32	4.35%	1.61%	11.65%	67.39%
BSBK	56 Neutral	$104.33M	―	-0.73%	―	-9.96%	-23.54%

IF Bancorp Corporate Events

IF Bancorp Renews CEO and Executive Agreements

On May 28, 2025, IF Bancorp, Inc. and its subsidiary, Iroquois Federal Savings and Loan Association, renewed employment agreements with CEO Walter H. Hasselbring, III, effective July 7, 2025, until July 7, 2028, without material changes. Additionally, executive change in control agreements for Pamela J. Verkler and Thomas J. Chamberlain were renewed for an additional year, effective July 7, 2025, until July 7, 2027, also without material changes.