Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Washington Business Bank, a state-chartered bank, provides various banking products and services to small and midsized businesses, and middle-income individuals primarily in western Washington. The company offers ATM/debit cards, online banking, monthly statements, merchant services, Internet bill pay services, cash and coin ordering services, drive-thru banking services, and safety deposit boxes; lines of credit, customized term loans, seasonal lines or loans, expertise services, and commercial real estate and construction loans; and cash management solutions. The company operates one full-service branch in Thurston County, Washington. Washington Business Bank was founded in 2002 and is headquartered in Olympia, Washington.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, overvalued on P/RIBP.
