Morris State Bancshares (MBLU) AI Stock Analysis

• Market Cap: $251.40M
• Dividend Yield: 2.42%
• Average Volume (3M): 298.00
• Price to Earnings (P/E): 11.5
• Beta (1Y): 0.18
• Revenue Growth: 12.82%
• EPS Growth: 8.30%
• Country: US
• Employees: N/A
• Sector: Financial
• Sector Strength: 73
• Industry: Banks - Regional
• EPS (TTM): 0.46
• Shares Outstanding: 10,582,874
• 10 Day Avg. Volume: 91
• 30 Day Avg. Volume: 298
• PEG Ratio: N/A
• Price to Book (P/B): 1.34
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.13
• Enterprise Value/Revenue: 1.06
• Enterprise Value/Gross Profit: 4.86
• Enterprise Value/Ebitda: -132.43
• 1Y Price Target: $23.00
• Price Target Upside: -3.20% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 71 Outperform
• Price Target: $28.00 ▲(17.85%Upside)

Morris State Bancshares scores well due to its strong financial performance highlighted by consistent growth and prudent financial management. While technical analysis presents a mixed view with bullish momentum tempered by overbought signals, the valuation remains attractive with a reasonable P/E ratio and appealing dividend yield.

Morris State Bancshares Business Overview & Revenue Model

Company Description

Morris State Bancshares (MBLU) is a financial holding company that operates primarily through its subsidiary, Morris Bank. The company is engaged in providing a range of banking products and services to individuals and businesses. These services include personal and business banking, loans, mortgages, and various deposit products. The bank's focus is on delivering personalized customer service and financial solutions tailored to meet the needs of its clients in the communities it serves.

How the Company Makes Money

Morris State Bancshares makes money primarily through the interest income generated from its loan portfolio, which includes personal, commercial, and real estate loans. In addition to interest income, the company earns revenue from fees associated with its various banking services, such as account maintenance charges, transaction fees, and service charges on deposit accounts. The bank also gains income through its investment portfolio, which includes securities and other financial instruments. Significant partnerships with local businesses and community involvement further support its revenue streams by fostering a strong customer base and encouraging loan and deposit growth.

Morris State Bancshares Financial Statement Overview

Summary

Morris State Bancshares exhibits solid financial health with consistent revenue and profit growth, strong equity standing, low leverage, and positive cash flow metrics, ensuring sustainability.

Income Statement

Morris State Bancshares demonstrates a strong income statement with consistent revenue growth and improving profitability. The gross profit margin remains stable as expected in the banking industry since the revenue is primarily interest and fee income. The net profit margin has shown positive trends, with net income growth over the years, indicating efficient cost management. EBIT and EBITDA margins are strong, reflecting operational efficiency despite the absence of EBITDA figures for the latest year. Overall, the company displays a robust financial performance.

Balance Sheet

The balance sheet of Morris State Bancshares reflects a solid equity position with a healthy equity ratio, suggesting financial stability. The debt-to-equity ratio is low, indicating conservative leverage practices which reduce financial risk. Return on equity shows fluctuations but maintains a positive trajectory, indicating effective use of shareholder funds. The balance sheet is strong, with ample cash reserves, providing a buffer against economic uncertainties.

Cash Flow

Cash flow analysis for Morris State Bancshares indicates a healthy operating cash flow, consistently exceeding net income, which is a positive indicator of cash-based profitability. The free cash flow has grown over the years, showcasing strong cash generation capabilities. Despite fluctuations in investing and financing cash flows, the company maintains a positive free cash flow to net income ratio. Overall, the cash flow statement reflects a strong financial position with effective cash management strategies.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	59.37M	55.92M	60.45M	59.10M	52.93M
Gross Profit	59.37M	76.85M	60.45M	59.10M	52.93M
EBITDA	23.02M	23.07M	23.76M	27.81M	22.77M
Net Income	21.80M	19.33M	21.11M	23.96M	17.41M
Balance Sheet
Total Assets	1.49B	1.42B	1.43B	1.41B	1.25B
Cash, Cash Equivalents and Short-Term Investments	94.86M	32.41M	39.37M	407.30M	262.07M
Total Debt	19.02M	28.28M	50.36M	29.99M	29.32M
Total Liabilities	1.30B	1.25B	1.26B	1.26B	1.12B
Stockholders Equity	195.60M	178.13M	164.94M	148.26M	129.42M
Cash Flow
Free Cash Flow	29.14M	26.65M	22.14M	31.03M	22.45M
Operating Cash Flow	29.51M	26.87M	22.55M	31.57M	23.11M
Investing Cash Flow	-28.29M	-13.80M	-137.11M	-139.68M	-187.74M
Financing Cash Flow	44.07M	-23.78M	-1.41M	134.87M	220.12M

Morris State Bancshares Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 23.76
• 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 MBLU, the sentiment is Positive. The current price of 23.76 is above the 20-day moving average (MA) of 22.85, above the 50-day MA of 21.35, and above the 200-day MA of 21.96, indicating a bullish trend. The MACD of 0.80 indicates Negative momentum. The RSI at 62.67 is Neutral, neither overbought nor oversold. The STOCH value of 54.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MBLU.

Morris State Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PKBK	80 Outperform	$256.41M	8.44	10.24%	3.33%	11.26%	42.81%
JMSB	80 Outperform	$269.57M	14.22	7.73%	1.57%	23.76%	683.10%
MVBF	78 Outperform	$308.24M	17.01	6.38%	2.88%	-8.20%	-22.46%
MBLU	71 Outperform	$251.40M	11.54	11.49%	2.42%	12.82%	8.30%
Sector *	68 Neutral	$17.10B	11.19	9.70%	3.58%	11.11%	-4.55%
NWFL	59 Neutral	$230.14M	106.33	1.56%	5.00%	-4.78%	-85.63%