Financial Services -
Banks - Regional - NASDAQ - US
$ 23.1926
0.0112 %
$ 77.7 M
Market Cap
24.67
P/E
1. INTRINSIC VALUE
Balance Sheet
IF Bancorp, Inc.
| Current Assets | 6.19 M |
| Cash & Short-Term Investments | 6.19 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 876 M |
| Long-Term Investments | 190 M |
| PP&E | 10.6 M |
| Other Non-Current Assets | 675 M |
| Current Liabilities | 0 |
| Accounts Payable | 3.01 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | -3.01 M |
| Non-Current Liabilities | 808 M |
| Long-Term Debt | 58.2 M |
| Other Non-Current Liabilities | 750 M |
EFFICIENCY
Earnings Waterfall
IF Bancorp, Inc.
| Revenue | 22.1 M |
| Cost Of Revenue | -31 K |
| Gross Profit | 22.1 M |
| Operating Expenses | 16.6 M |
| Operating Income | 2.36 M |
| Other Expenses | 565 K |
| Net Income | 1.79 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
IF Bancorp, Inc.
| Net Income | 1.79 M |
| Depreciation & Amortization | 671 K |
| Capital Expenditures | -247 K |
| Stock-Based Compensation | 563 K |
| Change in Working Capital | -283 K |
| Others | -861 K |
| Free Cash Flow | 2.04 M |
Wall Street Analysts Price Targets
IF Bancorp, Inc.
IROQ has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.04%
DIVIDEND YIELD
0.2 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
IF Bancorp, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
11.6 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
16.2 K USD 1
9-12 MONTHS
7. News
STOCKHOLDERS APPROVE STILWELL'S PROPOSAL TO SELL IF BANCORP
NEW YORK , Dec. 3, 2024 /PRNewswire/ -- Stilwell Activist Investments, L.P. (together with its affiliates, "Stilwell"), one of the largest stockholders of IF Bancorp, Inc. ("IROQ" or the "Company") (NASDAQ: IROQ), today issued the following statement in connection with the Company's 2024 Annual Meeting of Stockholders: At last week's Annual Meeting, stockholders approved our Proposal by a 3:2 margin calling for a prompt sale of IF Bancorp, Inc. Although the Proposal is non-binding, IROQ's stockholders agree that the Company should be sold promptly.
prnewswire.com
- 4 months ago
IF Bancorp, Inc. and Iroquois Federal Savings and Loan Association Announce Appointment of New Board Chair, Lead Independent Director and President
WATSEKA, Ill.--(BUSINESS WIRE)--IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the “Company”), and its wholly owned subsidiary, Iroquois Federal Savings and Loan Association (the “Association”), today announced that the Boards of Directors (the “Boards”) of the Company and the Association unanimously elected Walter H. Hasselbring, III, the current President and Chief Executive Officer of the Company and the Association, as Chair of the Boards. Mr. Hasselbring succeeds, Gary Martin, who, having reache.
businesswire.com
- 5 months ago
Stilwell Will Vote in Favor of Proposal to Sell IF Bancorp - UPDATE
NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Stilwell Activist Investments, L.P. (together with its affiliates, “Stilwell”), one of the largest stockholders of IF Bancorp, Inc. (“IROQ” or the “Company”) (NASDAQ: IROQ), today issued the following statement in connection with the Company's upcoming annual meeting of stockholders scheduled to be held on November 25, 2024 (the “Annual Meeting”), at which stockholders will vote on a number of matters, including Stilwell's non-binding proposal requesting a sale of the Company (the “Proposal”), submitted pursuant to Rule 14a-8 of the Securities Exchange Act of 1934, as amended:
globenewswire.com
- 6 months ago
Stilwell Will Vote in Favor of Proposal to Sell IF Bancorp
NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Stilwell Activist Investments, L.P. (together with its affiliates, “Stilwell”), one of the largest stockholders of IF Bancorp, Inc. (“IROQ” or the “Company”) (NASDAQ: IROQ), today issued the following statement in connection with the Company's upcoming annual meeting of stockholders scheduled to be held on November 25, 2024 (the “Annual Meeting”), at which stockholders will vote on a number of matters, including Stilwell's non-binding proposal requesting a sale of the Company (the “Proposal”), submitted pursuant to Rule 14a-8 of the Securities Exchange Act of 1934, as amended:
globenewswire.com
- 6 months ago
IF Bancorp, Inc. Announces Results for Third Quarter of Fiscal Year 2024
WATSEKA, Ill.--(BUSINESS WIRE)--IF Bancorp, Inc. (NASDAQ: IROQ) (the “Company”) the holding company for Iroquois Federal Savings and Loan Association (the “Association”), announced unaudited net income of $708,000, or $0.22 per basic and diluted share, for the three months ended March 31, 2024, compared to net income of $690,000, or $0.22 per basic share and $0.21 per diluted share, for the three months ended March 31, 2023. “The uncertain interest rate environment continues to be a challenge f.
businesswire.com
- 1 year ago
IF Bancorp, Inc. Announces Cash Dividend
WATSEKA, Ill.--(BUSINESS WIRE)--IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the “Company”), the holding company for Iroquois Federal Savings and Loan Association, today announced that its Board of Directors declared a cash dividend of $0.20 per common share. The dividend will be paid on April 15, 2024, to stockholders of record as of the close of business on March 22, 2024. “We are pleased to continue paying a cash dividend to our stockholders,” said Walter H. Hasselbring, III, President and Chief.
businesswire.com
- 1 year ago
IF Bancorp, Inc. Announces Results for Second Quarter of Fiscal Year 2024
WATSEKA, Ill.--(BUSINESS WIRE)--IF BANCORP, INC. ANNOUNCES RESULTS FOR QUARTER ENDING 12-31-23.
businesswire.com
- 1 year ago
3 Underperforming Bank Stocks You Better Not Be Buying
Underperforming bank stocks are casting a shadow over the U.S. financial landscape on the back of diminished investor confidence, shaken by the March banking crisis. The banking sector, still reeling from the Silicon Valley Bank collapse and struggles of smaller lenders, has yet to see the same benefits of rising interest rates.
investorplace.com
- 1 year ago
IF Bancorp, Inc. Announces Results for First Quarter of Fiscal Year 2024 (Unaudited)
WATSEKA, Ill.--(BUSINESS WIRE)--IF BANCORP, INC. ANNOUNCES RESULTS FOR QUARTER ENDING 9-30-23.
businesswire.com
- 1 year ago
IF Bancorp, Inc. Announces Results for Fourth Quarter and Fiscal Year Ended June 30, 2023
WATSEKA, Ill.--(BUSINESS WIRE)--IF Bancorp, Inc. (NASDAQ: IROQ) (the “Company”) the holding company for Iroquois Federal Savings and Loan Association (the “Association”), announced net income of $4.7 million, or $1.50 per basic share and $1.46 per diluted share for the fiscal year ended June 30, 2023, compared to $5.8 million, or $1.88 per basic share and $1.84 per diluted share for the fiscal year ended June 30, 2022. The Company also announced net income of $597,000, or $0.19 per basic share.
businesswire.com
- 1 year ago
IF Bancorp, Inc. Announces Cash Dividend
WATSEKA, Ill.--(BUSINESS WIRE)--IF Bancorp, Inc. announces cash dividend.
businesswire.com
- 1 year ago
Why These 3 Stocks Are the Worst Ways to Play Banks Right Now
Few personality traits are as insufferable as dwelling on past errors, which may be how some folks perceive the worst bank stocks. Earlier this year, the regional banking sector suffered a crisis as post-pandemic developments suddenly converted to massive headwinds.
investorplace.com
- 1 year ago
8. Profile
Summary
IF Bancorp, Inc. IROQ
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 77.7 M
Dividend Yield
0.04%
Description
IF Bancorp, Inc. operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts. It also provides loans comprising one- to four-family residential mortgage loans; multi-family mortgage loans; commercial real estate loans, such as farm loans; home equity lines of credit; commercial business loans; and consumer loans primarily consisting of automobile loans, as well as construction loans and land development loans. In addition, the company sells property and casualty insurance, as well as offers annuities; mutual funds; individual and group retirement plans; life, disability, and health insurance; individual securities; managed accounts; and other financial services. Further, it invests in securities; and provides ATM, online banking and bill pay, mobile banking, ACH origination, remote deposit capture, and telephone banking services. As of August 31, 2021, it operated a network of seven full-service banking offices located in Watseka, Danville, Clifton, Hoopeston, Savoy, Bourbonnais, and Champaign, Illinois; and a loan production and wealth management office in Osage Beach, Missouri. IF Bancorp, Inc. was founded in 1883 and is headquartered in Watseka, Illinois.
Contact
201 East Cherry Street, Watseka, IL, 60970-0190
https://iroquoisfed.com
IPO
Date
July 8, 2011
Employees
109
Officers
Mr. Walter H. Hasselbring III
Chief Executive Officer & Chairman
T.J. Morris
Chief Lending Officer & EVice President
Mr. Thomas J. Chamberlain
President
Ms. Pamela J. Verkler
Senior EVice President, Chief Financial Officer, Treasurer & Director
Ms. Linda L. Hamilton
Executive Vice President & Chief Operating Officer