Company Overview
IF Bancorp, Inc. functions as a savings and loan holding company that owns and operates Iroquois Federal Savings and Loan Association, delivering a comprehensive suite of banking and financial services tailored for both individual and corporate clients. The entity operates within the Financial Services sector, specifically classified under the Banks - Regional industry, which defines its operational scope as providing localized deposit and lending solutions to community members. The company maintains a market capitalization of $88.98M and reports annual revenue of $28.55M, supported by a workforce of 102 employees. These valuation and revenue metrics indicate that IF Bancorp operates as a mid-sized regional institution with a modest balance sheet, reflecting its focus on serving a specific geographic footprint rather than competing for national market share.
Financial Health
The company generated revenue of $28.55M over the trailing twelve months, resulting in net income of $5.17M, while EBITDA data is not available in the current reporting. The substantial gap between revenue and net income reveals a cost structure where operating expenses, including interest on deposits and loan losses, consume the majority of top-line earnings before arriving at the final profit. Regarding liquidity and flexibility, the company holds $9.04M in cash, but free cash flow metrics are not reported in the available data. The analysis of margins shows a gross margin of 0.0%, which is standard for financial institutions as interest income and interest expense are netted at the top line, an operating margin of 26.3% that demonstrates efficient cost management relative to revenue, and a profit margin of 18.1% indicating the final portion of revenue retained as profit after all expenses. When comparing liquidity positions, the company holds $9.04M in cash against total debt of $83.61M, creating a net debt position, and the debt-to-equity ratio is not available for direct calculation, though the high debt level relative to cash suggests a leveraged balance sheet typical of banking operations. The current ratio is not available, limiting the ability to quantify short-term liquidity coverage without external data. Return on Equity stands at 6.3%, reflecting the return generated for shareholders, while Return on Assets is 0.6%, which indicates the efficiency with which the bank utilizes its asset base to generate income relative to the total assets managed.
Valuation Assessment
The trailing twelve-month P/E ratio is 16.19, whereas the forward P/E ratio is not available, implying that market expectations for future earnings growth or contraction cannot be quantified through this specific metric at this time. The price-to-book ratio is 0.99, indicating that the market values the company at roughly equal to its book value, suggesting no significant market premium or discount relative to the net asset value of the institution. Alternative valuation metrics include a price-to-sales ratio of 3.12 and an EV/EBITDA ratio that is not available, which suggests the market is pricing the stock based on revenue generation rather than earnings multiples or enterprise value adjustments. The stock has traded between a 52-week low of $23.00 and a 52-week high of $29.00, meaning the current price sits at a level that requires calculation to determine its exact percentage distance from the highs or lows based on the latest trading data. The beta is 0.18, which signifies that the stock's price volatility is significantly lower than the broader market, suggesting the stock moves independently of general market swings.
Growth & Income
Revenue growth year-over-year is recorded at 8.5%, while earnings growth year-over-year is 8.3%, indicating that earnings are growing at a slightly slower pace than revenue, which implies that the company is expanding its top line but facing margin pressure or increased operational costs that dampen the translation of revenue into net income. For dividend investors, the company offers a dividend yield of 1.5% with a payout ratio of 24.4%, a level that is highly sustainable given the earnings base and suggests a conservative approach to returning capital to shareholders. The combination of modest double-digit growth rates and a low payout ratio presents a growth and income profile that balances capital preservation with steady, albeit restrained, expansion.