Valuation: Community Shores Bank Corporation

Market Cap 10.87M 9.45M 8.82M 8.1M 15.27M 1.04B 15.53M 104M 40.73M 517M 40.83M 39.92M 1.7B P/E 2016
49x
P/E 2017 -12.5x
Enterprise Value 8.42M 7.32M 6.83M 6.27M 11.83M 803M 12.03M 80.56M 31.55M 400M 31.63M 30.93M 1.32B 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
17/06/20 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
03/10/17 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 $1.46 million in funding. CI
16/05/15 Community Shores Bank Corporation and Community Shores Bank Announce the Resignation of John M. Clark CI
01/05/15 Community Shores Bank Corp. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reports Net Loan Charge-Offs for the First Quarter Ended March 31, 2015 CI
04/02/15 Community Shores Bank Corp. Reports Unaudited Earnings Results for the Year Ended December 31, 2014 CI
16/10/13 Community Shores Bank Corp. Elects Stanley L. Boelkins as Class II Director CI
Change 5-day change 1-year change 3-year change Capi.($)
-.--%+2.49% - - 20.37M
+0.24%-1.00%+21.86%+125.55% 937B
+0.86%+0.56%+36.84%+98.92% 437B
-3.14%-1.36%+19.80%+99.45% 401B
-1.51%+1.60%+70.22%+147.20% 368B
-3.37%-2.63%+12.25%+105.31% 315B
-0.33%-0.91%+65.32%+129.77% 290B
-2.73%-2.11%+17.51%+91.91% 271B
+1.67%+0.71%+13.00%+94.66% 266B
-2.72%-5.22%+69.52%+203.19% 256B
Average -1.17%+0.56%+36.26%+121.77% 354.11B
Weighted average by Cap. -1.11%+0.32%+33.66%+120.82%

Financials

2016 2017
Net sales 7.49M 6.51M 6.08M 5.58M 10.52M 714M 10.71M 71.69M 28.08M 356M 28.15M 27.52M 1.17B 7.87M 6.84M 6.39M 5.86M 11.05M 750M 11.25M 75.29M 29.49M 374M 29.56M 28.91M 1.23B
Net income 163K 142K 132K 122K 229K 15.55M 233K 1.56M 611K 7.75M 613K 599K 25.58M -983K -854K -797K -732K -1.38M -93.67M -1.4M -9.4M -3.68M -46.71M -3.69M -3.61M -154M
Net Debt -9.98M -8.67M -8.09M -7.43M -14.01M -951M -14.26M -95.45M -37.38M -474M -37.47M -36.64M -1.56B -2.45M -2.13M -1.99M -1.82M -3.44M -233M -3.5M -23.43M -9.18M -116M -9.2M -9M -384M
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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