Critical Review: AMB Financial (OTCMKTS:AMFC) & Logansport Financial (OTCMKTS:LOGN)

Earnings & Valuation

This table compares Logansport Financial and AMB Financial”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Logansport Financial	$13.98 million	1.49	$1.25 million	$2.22	15.32
AMB Financial	$18.97 million	1.06	$2.19 million	N/A	N/A

AMB Financial has higher revenue and earnings than Logansport Financial.

Institutional and Insider Ownership

1.2% of AMB Financial shares are held by institutional investors. 17.4% of Logansport Financial shares are held by insiders. Comparatively, 37.7% of AMB Financial shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Dividends

Logansport Financial pays an annual dividend of $1.80 per share and has a dividend yield of 5.3%. AMB Financial pays an annual dividend of $0.28 per share and has a dividend yield of 1.2%. Logansport Financial pays out 81.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Profitability

This table compares Logansport Financial and AMB Financial’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Logansport Financial	9.20%	N/A	N/A
AMB Financial	N/A	N/A	N/A

Risk & Volatility

Logansport Financial has a beta of 0.26, indicating that its share price is 74% less volatile than the S&P 500. Comparatively, AMB Financial has a beta of 0.25, indicating that its share price is 75% less volatile than the S&P 500.

Summary

AMB Financial beats Logansport Financial on 5 of the 9 factors compared between the two stocks.

About Logansport Financial

Logansport Financial Corp. operates as the holding company for Logansport Savings Bank that provides various banking products and services to individuals and businesses in Cass County, Indiana. The company’s personal banking products and services include checking accounts, rite accounts, NOW accounts, savings accounts, health savings accounts, certificates of deposit, and individual retirement accounts; mortgage, home equity lines of credit, home improvement, construction, commercial buildings, farm, consumer, education, and car loans, as well as loans for single family and multi-family dwellings; and overdraft, and internet and mobile banking services. It also provides business and commercial checking accounts, commercial savings accounts/certificates of deposit, money market accounts and certificates, commercial sweep accounts, ACH debit/credit capabilities, electric federal tax payment systems, remote banking and merchant card services, wires, coin services, night deposit bags, and remote deposit banking services. In addition, the company offers revolving or seasonal lines of credit, term loans for equipment, commercial real estate mortgages for expansion or acquisition, commercial letters of credit, and guaranteed loans, as well as agricultural loans. Logansport Financial Corp. was founded in 1925 and is based in Logansport, Indiana.

About AMB Financial

AMB Financial Corp. operates as the bank holding company for American Community Bank of Indiana that provides financial services to customers in Indiana. The company provides savings, checking, health savings, individual retirement, and money market deposit accounts, as well as certificates of deposit. It offers business checking accounts, business debit and credit cards, and order business checks. In addition, the company offers mortgage loans, home equity loans, construction/lot loans, community loans, vehicle loans, and loan servicing; and commercial loans, commercial real estate loans, and SBA loans. Further, it provides merchant, remote deposit, wire services, fraud protection, and ACH origination; sweep services, zero balance accounts, lockbox services, vault services, and wealth management services; online, mobile, voice, and banking services; money order and e-statement services; cashier’s checks; and safe deposit boxes. The company was founded in 1910 and is headquartered in Saint John, Indiana.