SequelSEC

Bancorp 34, Inc. BCTF

Savings Institution, Federally Chartered · CIK 0001668340 · Fiscal year ends 1231 · Bank

AnnualQuarterlyTTM
Revenue
Unavailable
Fiscal year ended 2024-12-31
Net income
$148.00K
Fiscal year ended 2024-12-31
Total assets
$918.10M
Fiscal year ended 2024-12-31

Valuation, from the filing

Public float$44.70MMarket value of stock held by non-affiliates, as stated on the cover page for 2024-06-30
Float per share$6.71Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income26.5×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.5×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2024-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2024-12-31 — the year that filing covered.

Valuation over time

26.5× earnings today, against a median of 42.0× across 5 years on record. Below its own history.

Float measuredPublic floatFloat / net income
2024-06-30$44.70M26.5×
2019-06-30$48.60M68.4×
2018-06-30$45.10M42.0×
2017-06-30$43.50M120.6×
2016-10-12$39.60M7.5×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Savings Institution, Federally Chartered filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Effective tax rate-174.6%0th
Long-term debt / equity0.33x62th

Bancorp 34, Inc. (BCTF) reported net income of $148.00K for the fiscal year ended 2024-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Bancorp 34, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Savings Institution, Federally Chartered.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

Bancorp 34, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-30
RevenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net income$148.00K$1.58M$1.50M-$1.54M-$1.68M-$2.28M$104.00K$444.00K-$1.94M$1.00M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesUnavailableUnavailableUnavailableUnavailableUnavailableshares 4.37MUnavailableUnavailableUnavailableUnavailable
Pretax income$249.00K$2.05M$1.86M-$3.54M-$1.70M-$2.88M$123.00K$602.00K-$2.94M$1.32M
Income tax expense$101.00K$477.00K$351.00K-$2.00M-$27.00K-$603.00K$19.00K$158.00K-$994.00K$321.00K
Diluted EPSUnavailable$0.22$0.21$-0.31Unavailable$-0.52$0.01$0.11Unavailable$0.42
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Bancorp 34, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-30
Cash & equivalentsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total assets$918.10M$939.41M$922.27M$980.18M$581.26M$580.87MUnavailableUnavailable$574.34MUnavailable
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$831.58M$852.29M$838.17M$897.98M$520.54M$520.47MUnavailableUnavailable$525.10MUnavailable
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$86.52M$87.12M$84.10M$82.20M$60.72M$60.40M$63.74M$64.49M$48.58M$36.30M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt$28.50M$57.16M$57.16M$77.50M$54.00M$43.00MUnavailableUnavailableUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

Bancorp 34, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-30
Operating cash flow$626.00K$2.28M$1.32M-$1.24M-$3.39M$2.05M$1.50M$759.00K$6.48MUnavailable
Capital expenditures$258.00K$109.00K$33.00K$100.00K$126.00K$5.00K$57.00K$38.00K$266.00KUnavailable
Investing cash flow$4.89M$33.11M$61.68M$60.44M$15.21M$640.00K-$7.71M-$7.67M-$3.18MUnavailable
Financing cash flow-$19.72M$13.72M-$57.05M-$15.35M$2.55M$552.00K$7.74M-$259.00K$2.21MUnavailable
Net change in cashUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Stock-based compensation$607.00K-$20.00K$135.00K$30.00K$46.00K-$46.00K$59.00K$31.00K$18.00KUnavailable
Common dividends paidUnavailableUnavailableUnavailableUnavailable$0-$1.00K$329.00K$328.00K$174.00KUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailable$0$0$0$210.00K$0Unavailable
Depreciation & amortization$296.00K$284.00K$282.00K$189.00K$164.00K$150.00K$136.00K$133.00K$129.00KUnavailable

Derived

Bancorp 34, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-30
Free cash flow$368.00K$2.17M$1.28M-$1.34M-$3.52M$2.04M$1.44M$721.00K$6.21MUnavailable
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growthUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equity0.33x0.66xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate40.6%23.2%18.9%UnavailableUnavailableUnavailable15.4%26.2%Unavailable24.2%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open BCTF in the interactive workspace to inspect any figure back to its filing.

Source filings

10-K · Filed 2025-03-06View SEC filing
10-Q · Filed 2024-11-13View SEC filing
10-Q · Filed 2024-08-14View SEC filing
10-Q · Filed 2024-05-15View SEC filing
10-K · Filed 2024-03-08View SEC filing
10-Q · Filed 2023-12-27View SEC filing

Companies in the same industry

AX BCBP BKU BVFL BYFC CARV CFFN CLST CPBI CZWI EBC FCAP

Reconciliation checks needing review

4 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationinconsistent2020-03-31

Withheld: assets, equity, liabilities could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2020-03-31

Withheld: cost revenue, revenue could not be reconciled with the rest of this filer’s statement.

balance equationinconsistent2019-06-30

Withheld: assets, equity, liabilities could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2019-06-30

Withheld: cost revenue, revenue could not be reconciled with the rest of this filer’s statement.