Sound Financial Financials

SFBC Stock  USD 53.57  0.43  0.80%   
Based on the analysis of Sound Financial's profitability, liquidity, and operating efficiency, Sound Financial Bancorp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At present, Sound Financial's Cash is projected to increase significantly based on the last few years of reporting. The current year's Cash And Short Term Investments is expected to grow to about 75.5 M, whereas Total Assets are forecasted to decline to about 703.8 M. Key indicators impacting Sound Financial's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.140.1901
Way Down
Slightly volatile
Return On Assets0.00660.0075
Fairly Down
Slightly volatile
Return On Equity0.0650.0739
Fairly Down
Slightly volatile
Debt Equity Ratio0.70.5138
Significantly Up
Pretty Stable
Operating Income10.8 M10.7 M
Fairly Up
Slightly volatile
Current Ratio10.4711.023
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Sound Financial includes many different criteria found on its balance sheet. An individual investor should monitor Sound Financial's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Sound Financial.

Net Income

6.05 Million

  
Understanding current and past Sound Financial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sound Financial's financial statements are interrelated, with each one affecting the others. For example, an increase in Sound Financial's assets may result in an increase in income on the income statement.
Please note, the presentation of Sound Financial's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sound Financial's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Sound Financial's management manipulating its earnings.

Sound Financial Stock Summary

Sound Financial competes with Finward Bancorp, Franklin Financial, Community West, Home Federal, and Lake Shore. Sound Financial Bancorp, Inc. operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses. The company was founded in 1953 and is headquartered in Seattle, Washington. Sound Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 125 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS83607A1007
CUSIP83607A100 83607Y108
LocationWashington; U.S.A
Business Address2400 3rd Avenue,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.soundcb.com
Phone206 448 0884
CurrencyUSD - US Dollar

Sound Financial Key Financial Ratios

Sound Financial Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets719.9M861.4M919.7M976.4M995.2M703.8M
Other Current Liab(226K)6.8M6.0M(37.9M)(11.0M)(10.4M)
Other Liab9.7M8.8M9.9M9.4M10.8M7.1M
Net Debt(40.3M)(175.1M)(165.7M)2.3M6.8M7.2M
Retained Earnings51.4M58.2M65.2M70.8M73.6M45.7M
Accounts Payable226K369K200K395K817K776.2K
Cash55.8M193.8M183.6M57.8M49.7M66.7M
Other Assets625.6M628.1M701.1M894.6M917.3M619.7M
Long Term Debt7.5M11.6M11.6M54.7M36.7M32.7M
Net Receivables2.2M2.3M2.2M3.1M3.5M2.2M
Inventory(58.6M)(196.7M)(186.5M)(61.6M)46.2M48.5M
Other Current Assets58.6M196.7M186.5M61.6M53.7M51.0M
Total Liab642.1M775.9M826.3M878.6M894.6M632.8M
Total Current Assets67.3M206.3M194.2M71.1M53.1M50.5M
Intangible Assets3.2M3.8M4.3M4.7M4.6M3.8M
Net Tangible Assets77.7M85.5M93.4M97.7M112.4M74.6M
Capital Surpluse25.7M26.3M27.1M28.0M32.2M27.6M
Short Term Debt8.0M7.1M6.2M43M15M12.1M

Sound Financial Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense7.6M7.5M4.0M4.5M16.8M17.6M
Total Revenue31.0M34.9M37.2M39.9M39.1M31.3M
Gross Profit31.0M34.9M37.2M39.9M39.1M31.3M
Operating Income8.3M11.3M11.4M14.7M10.7M10.8M
Ebit8.3M12.2M12.3M11.8M9M10.6M
Ebitda9.9M13.2M13.0M12.5M10.7M11.9M
Income Before Tax8.3M11.3M11.4M10.9M9M8.1M
Net Income6.7M8.9M9.2M8.8M7.4M6.1M
Income Tax Expense1.7M2.4M2.3M2.1M1.6M2.1M
Tax Provision1.7M2.4M2.3M2.1M2.0M1.8M
Net Interest Income27.0M27.5M29.9M35.3M36.0M30.4M
Interest Income34.6M34.9M33.9M39.8M49.1M36.7M

Sound Financial Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(6.0M)138.1M(10.2M)(125.8M)(8.1M)(7.7M)
Free Cash Flow10.4M(891K)18.8M9.7M6.4M7.9M
Depreciation1.5M1.8M1.6M1.6M1.7M1.5M
Other Non Cash Items(631K)(11.2M)7.3M2.0M(1.8M)(1.7M)
Dividends Paid1.4M2.1M2.0M2.0M1.9M1.2M
Capital Expenditures654K407K225K398K444K707.5K
Net Income6.7M8.9M9.2M8.8M7.4M6.1M
End Period Cash Flow55.8M193.8M183.6M57.8M49.7M66.7M
Investments(5.2M)4.5M1.6M(185.2M)(23.3M)(24.5M)
Change Receivables(310K)81K(48K)(866K)(779.4K)(740.4K)
Net Borrowings23.9M(73.5M)4.1M43M49.5M51.9M
Change To Netincome45K(10.7M)7.8M2.6M2.4M2.5M

Sound Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sound Financial's current stock value. Our valuation model uses many indicators to compare Sound Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sound Financial competition to find correlations between indicators driving Sound Financial's intrinsic value. More Info.
Sound Financial Bancorp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.10  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sound Financial Bancorp is roughly  10.49 . At present, Sound Financial's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sound Financial's earnings, one of the primary drivers of an investment's value.

Sound Financial Bancorp Systematic Risk

Sound Financial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sound Financial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Sound Financial Bancorp correlated with the market. If Beta is less than 0 Sound Financial generally moves in the opposite direction as compared to the market. If Sound Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sound Financial Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sound Financial is generally in the same direction as the market. If Beta > 1 Sound Financial moves generally in the same direction as, but more than the movement of the benchmark.

About Sound Financial Financials

What exactly are Sound Financial Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Sound Financial's income statement, its balance sheet, and the statement of cash flows. Potential Sound Financial investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Sound Financial investors may use each financial statement separately, they are all related. The changes in Sound Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sound Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Today, most investors in Sound Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sound Financial's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Sound Financial growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.84)

At present, Sound Financial's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Sound Financial November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Sound Financial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sound Financial Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sound Financial Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Sound Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sound Financial's daily price indicators and compare them against related drivers.

Complementary Tools for Sound Stock analysis

When running Sound Financial's price analysis, check to measure Sound Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sound Financial is operating at the current time. Most of Sound Financial's value examination focuses on studying past and present price action to predict the probability of Sound Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sound Financial's price. Additionally, you may evaluate how the addition of Sound Financial to your portfolios can decrease your overall portfolio volatility.
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