IF Bancorp (IROQ) AI Stock Analysis

• Market Cap: $77.32M
• Dividend Yield: 1.73%
• Average Volume (3M): 2.80K
• Price to Earnings (P/E): 24.8
• Beta (1Y): 0.08
• Revenue Growth: 19.70%
• EPS Growth: 53.15%
• Country: US
• Employees: 109
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): 0.93
• Shares Outstanding: 3,351,526
• 10 Day Avg. Volume: 2,645
• 30 Day Avg. Volume: 2,802
• PEG Ratio: 0.47
• Price to Book (P/B): N/A
• Price to Sales (P/S): 3.46
• Price to Cash Flow (P/CF): -131.90
• P/FCF Ratio: 6.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

IF Bancorp's stock score is driven by strong financial stability due to its debt-free status and high gross profit margins. However, declining revenue and net profit margins present challenges to profitability. The technical analysis suggests a stable outlook, while a relatively high P/E ratio indicates potential overvaluation, slightly offset by a modest dividend yield.

IF Bancorp Business Overview & Revenue Model

Company Description

IF Bancorp, Inc. (IROQ) is a holding company for Iroquois Federal Savings and Loan Association, a community-oriented financial institution offering a range of financial services. The company primarily serves individuals and businesses in its local regions, providing products such as residential and commercial real estate loans, consumer loans, and deposit products. IF Bancorp operates through its network of branch offices and aims to deliver personalized banking services tailored to meet the needs of its customers.

How the Company Makes Money

IF Bancorp generates revenue primarily through the interest income earned from its loan portfolio. The company offers various types of loans, including residential mortgage loans, commercial real estate loans, and consumer loans, which contribute significantly to its interest income. Additionally, the company earns non-interest income from service charges on deposit accounts, loan servicing fees, and commissions from the sale of investment and insurance products. IF Bancorp also benefits from interest earned on its investment securities portfolio. The company's strategic focus on community banking enables it to maintain strong customer relationships, which supports its revenue generation activities.

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
41.05M	22.08M	26.07M	27.77M	26.44M	23.10M
	Gross Profit
34.89M	22.08M	26.07M	27.77M	26.44M	23.10M
	EBIT
24.59M	2.35M	6.26M	10.36M	7.38M	5.88M
	EBITDA
1.12M	3.03M	6.92M	8.50M	8.06M	6.55M
	Net Income Common Stockholders
2.99M	1.79M	4.66M	5.78M	5.35M	4.25M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.91M	6.19M	10.99M	298.22M	252.63M	195.86M
	Total Assets
404.91M	887.75M	848.98M	857.56M	797.34M	735.52M
	Total Debt
31.00M	58.25M	19.50M	15.00M	28.00M	37.50M
	Net Debt
24.09M	48.43M	8.51M	-60.81M	-34.73M	4.03M
	Total Liabilities
368.19M	813.83M	777.22M	785.90M	712.04M	652.95M
	Stockholders Equity
36.72M	73.92M	71.75M	71.66M	85.30M	82.56M
Cash Flow		Free Cash Flow
2.81M	2.04M	516.00K	8.28M	6.59M	6.74M
	Operating Cash Flow
2.96M	2.28M	2.77M	8.67M	6.87M	6.90M
	Investing Cash Flow
23.46M	-39.75M	-57.12M	-68.80M	-36.04M	-34.30M
	Financing Cash Flow
-28.68M	36.05M	-10.47M	73.21M	58.44M	1.27M

IF Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 24.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 24.09 is above the 20-day moving average (MA) of 23.92, above the 50-day MA of 23.88, and above the 200-day MA of 20.54, indicating a bullish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 52.06 is Neutral, neither overbought nor oversold. The STOCH value of 20.10 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
HFBL	77 Outperform	$40.85M	12.03	6.25%	3.95%	1.27%	-27.46%
EBMT	69 Neutral	$133.22M	13.41	5.68%	3.40%	12.17%	-3.38%
IROQ	65 Neutral	$77.32M	24.83	4.00%	1.73%	19.70%	53.15%
FMBH	65 Neutral	$839.86M	10.61	9.62%	2.71%	17.70%	3.88%
Sector *	63 Neutral	$14.20B	10.11	9.01%	4.34%	16.34%	-11.27%
FFNW	55 Neutral	$209.20M	195.60	0.66%	2.29%	2.28%	-83.17%
PVBC	55 Neutral	$203.19M	26.53	3.21%	―	-2.04%	-34.22%

IF Bancorp Corporate Events

IF Bancorp Announces Leadership Changes and Appointments

IF Bancorp, Inc. announced leadership changes with Walter H. Hasselbring, III stepping down as President to become Chair of the Board, while Thomas J. Chamberlain is appointed as the new President. As Hasselbring continues as CEO, the company aims for strong leadership by combining roles and appointing Joseph A. Cowan as Lead Independent Director. These strategic moves are designed to enhance oversight and maintain consistent leadership within the company and its subsidiary, Iroquois Federal Savings and Loan Association.