Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash-to-Debt 0.73
FFNM's Cash-to-Debt is ranked lower than
67% of the 1613 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.09 vs. FFNM: 0.73 )
Ranked among companies with meaningful Cash-to-Debt only.
FFNM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04  Med: 0.13 Max: No Debt
Current: 0.73
Equity-to-Asset 0.10
FFNM's Equity-to-Asset is ranked higher than
50% of the 1580 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.10 vs. FFNM: 0.10 )
Ranked among companies with meaningful Equity-to-Asset only.
FFNM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08  Med: 0.11 Max: 0.13
Current: 0.1
0.08
0.13
Debt-to-Equity 0.65
FFNM's Debt-to-Equity is ranked higher than
55% of the 1244 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.63 vs. FFNM: 0.65 )
Ranked among companies with meaningful Debt-to-Equity only.
FFNM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0  Med: 1.47 Max: 4.58
Current: 0.65
0
4.58
Interest Coverage 1.41
FFNM's Interest Coverage is ranked lower than
65% of the 1539 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.74 vs. FFNM: 1.41 )
Ranked among companies with meaningful Interest Coverage only.
FFNM' s Interest Coverage Range Over the Past 10 Years
Min: 0.05  Med: 0.68 Max: 2.08
Current: 1.41
0.05
2.08
Beneish M-Score: -2.22
WACC vs ROIC
5.71%
4.73%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 2/10

vs
industry
vs
history
Operating Margin % 15.15
FFNM's Operating Margin % is ranked lower than
87% of the 1618 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 31.66 vs. FFNM: 15.15 )
Ranked among companies with meaningful Operating Margin % only.
FFNM' s Operating Margin % Range Over the Past 10 Years
Min: -56.67  Med: 1.37 Max: 19.56
Current: 15.15
-56.67
19.56
Net Margin % 15.14
FFNM's Net Margin % is ranked lower than
82% of the 1619 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 22.82 vs. FFNM: 15.14 )
Ranked among companies with meaningful Net Margin % only.
FFNM' s Net Margin % Range Over the Past 10 Years
Min: -68.11  Med: 1.37 Max: 30.17
Current: 15.14
-68.11
30.17
ROE % 5.20
FFNM's ROE % is ranked lower than
81% of the 1619 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.56 vs. FFNM: 5.20 )
Ranked among companies with meaningful ROE % only.
FFNM' s ROE % Range Over the Past 10 Years
Min: -25.78  Med: 0.63 Max: 10.73
Current: 5.2
-25.78
10.73
ROA % 0.52
FFNM's ROA % is ranked lower than
79% of the 1624 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.91 vs. FFNM: 0.52 )
Ranked among companies with meaningful ROA % only.
FFNM' s ROA % Range Over the Past 10 Years
Min: -2.81  Med: 0.07 Max: 1.04
Current: 0.52
-2.81
1.04
3-Year Revenue Growth Rate -0.80
FFNM's 3-Year Revenue Growth Rate is ranked lower than
81% of the 1364 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 4.20 vs. FFNM: -0.80 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
FFNM' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: 0  Med: -3.9 Max: 117.3
Current: -0.8
0
117.3
3-Year EBITDA Growth Rate 49.10
FFNM's 3-Year EBITDA Growth Rate is ranked higher than
95% of the 1281 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.90 vs. FFNM: 49.10 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
FFNM' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: 0  Med: -22.15 Max: 92.4
Current: 49.1
0
92.4
3-Year EPS without NRI Growth Rate 160.40
FFNM's 3-Year EPS without NRI Growth Rate is ranked higher than
99% of the 1241 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.60 vs. FFNM: 160.40 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
FFNM' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: 0  Med: -32.85 Max: 160.4
Current: 160.4
0
160.4
GuruFocus has detected 4 Warning Signs with First Federal of Northern Michigan Bancorp Inc $FFNM.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» FFNM's 30-Y Financials

Financials (Next Earnings Date: 2017-10-28 Est.)


Revenue & Net Income
Equity & Asset
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Insider Trades

Latest Guru Trades with FFNM

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Banks » Banks - Regional - US    NAICS: 522110    SIC: 6021
Compare:NAS:GLBZ, NAS:FSBC, OTCPK:WEIN, OTCPK:CYSM, OTCPK:OJCB, NAS:HVBC, OTCBB:FSRL, OTCPK:FBPA, OTCPK:CUMD, OTCPK:NUBK, OTCPK:HFBK, OTCPK:VSBN, NAS:WCFB, OTCPK:CIBH, OTCPK:PBNK, OTCPK:SBTB, OTCPK:QNTO, OTCPK:FRSB, OTCPK:UNIB, OTCPK:CFDB » details
Headquarter Location:USA
First Federal of Northern Michigan Bancorp Inc along with its subsidiary is a full-service, community-oriented savings bank. It is engaged in accepting deposits, making commercial, consumer & mortgage loans, & engaging in mortgage banking activities.

First Federal of Northern Michigan Bancorp, Inc., a Maryland corporation was incorporated in 1957. The Company is a holding company for First Federal of Northern Michigan which is a full-service, community-oriented savings bank. The Bank provides financial services to individuals, families and businesses from eight full-service facilities located in Alpena, Antrim, Cheboygan, Emmett, Iosco, Otsego, Montmorency and Oscoda Counties, Michigan. First Federal of Northern Michigan's business consists mainly of accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in one -to-four-family residential mortgage loans, commercial real estate loans, commercial business loans, consumer loans and in investment securities and mortgage-backed securities. First Federal of Northern Michigan conducts operations through its main office in Alpena, Michigan, which is located in the northeastern lower peninsula of Michigan, and through its seven other branch offices in Michigan. The largest part of the company's loan portfolio is mortgage loans secured by one- to four-family residential real estate. Bancorp also originate commercial loans, commercial real estate loans and consumer loans. The company originates a variety of consumer and other loans, including loans secured by savings accounts, new and used automobiles, mobile homes, boats, recreational vehicles, and other personal property. It originates construction loans to local home builders in its market area, generally with whom the company has an established relationship, and to individuals engaged in the construction of its residence. First Federal of Northern Michigan Bancorp, Inc.'s only direct subsidiary is First Federal of Northern Michigan. First Federal of Northern Michigan has two wholly owned subsidiaries. One subsidiary, Financial Services & Mortgage Corporation, leases, sells, develops and maintains real estate properties. The Company encounters strong competition both in attracting deposits and in originating real estate and other loans. Its direct competition for deposits has historically come from commercial banks, other savings institutions, and credit unions in its market area. Competition for loans comes from such financial institutions. It competes for savings deposits by offering depositors a high level of personal service and a range of competitively priced financial products. It competes for real estate loans primarily on the basis of the interest rates and fees it charges and through advertising. Interest and other charges collected or contracted for by First Federal of Northern Michigan are subject to state usury laws and federal laws concerning interest rates. First Federal of Northern Michigan's operations are also subject to federal laws applicable to credit transactions.

Ratios

vs
industry
vs
history
PE Ratio 17.28
FFNM's PE Ratio is ranked lower than
85% of the 1505 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.59 vs. FFNM: 17.28 )
Ranked among companies with meaningful PE Ratio only.
FFNM' s PE Ratio Range Over the Past 10 Years
Min: 6.45  Med: 17.82 Max: 548
Current: 17.28
6.45
548
PE Ratio without NRI 17.28
FFNM's PE Ratio without NRI is ranked lower than
85% of the 1504 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.62 vs. FFNM: 17.28 )
Ranked among companies with meaningful PE Ratio without NRI only.
FFNM' s PE Ratio without NRI Range Over the Past 10 Years
Min: 6.45  Med: 17.83 Max: 548
Current: 17.28
6.45
548
Price-to-Owner-Earnings 17.36
FFNM's Price-to-Owner-Earnings is ranked lower than
84% of the 881 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.23 vs. FFNM: 17.36 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
FFNM' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 5.85  Med: 17.4 Max: 206.59
Current: 17.36
5.85
206.59
PB Ratio 0.86
FFNM's PB Ratio is ranked higher than
65% of the 1581 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.20 vs. FFNM: 0.86 )
Ranked among companies with meaningful PB Ratio only.
FFNM' s PB Ratio Range Over the Past 10 Years
Min: 0.07  Med: 0.59 Max: 0.95
Current: 0.86
0.07
0.95
PS Ratio 2.54
FFNM's PS Ratio is ranked higher than
63% of the 1567 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.43 vs. FFNM: 2.54 )
Ranked among companies with meaningful PS Ratio only.
FFNM' s PS Ratio Range Over the Past 10 Years
Min: 0.25  Med: 1.51 Max: 2.78
Current: 2.54
0.25
2.78
EV-to-EBIT 20.15
FFNM's EV-to-EBIT is ranked lower than
83% of the 1241 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.20 vs. FFNM: 20.15 )
Ranked among companies with meaningful EV-to-EBIT only.
FFNM' s EV-to-EBIT Range Over the Past 10 Years
Min: -356.8  Med: 20 Max: 701
Current: 20.15
-356.8
701
EV-to-EBITDA 18.06
FFNM's EV-to-EBITDA is ranked lower than
82% of the 1244 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10.98 vs. FFNM: 18.06 )
Ranked among companies with meaningful EV-to-EBITDA only.
FFNM' s EV-to-EBITDA Range Over the Past 10 Years
Min: -77.6  Med: 17.55 Max: 102.8
Current: 18.06
-77.6
102.8
EV-to-Revenue 3.05
FFNM's EV-to-Revenue is ranked higher than
59% of the 1284 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.86 vs. FFNM: 3.05 )
Ranked among companies with meaningful EV-to-Revenue only.
FFNM' s EV-to-Revenue Range Over the Past 10 Years
Min: 1.1  Med: 3.7 Max: 7
Current: 3.05
1.1
7
PEG Ratio 0.70
FFNM's PEG Ratio is ranked higher than
61% of the 821 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.45 vs. FFNM: 0.70 )
Ranked among companies with meaningful PEG Ratio only.
FFNM' s PEG Ratio Range Over the Past 10 Years
Min: 0.7  Med: 2.77 Max: 16.12
Current: 0.7
0.7
16.12

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 2.26
FFNM's Dividend Yield % is ranked lower than
61% of the 2354 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.88 vs. FFNM: 2.26 )
Ranked among companies with meaningful Dividend Yield % only.
FFNM' s Dividend Yield % Range Over the Past 10 Years
Min: 0.36  Med: 2.12 Max: 19.48
Current: 2.26
0.36
19.48
Dividend Payout Ratio 0.36
FFNM's Dividend Payout Ratio is ranked lower than
74% of the 1340 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.32 vs. FFNM: 0.36 )
Ranked among companies with meaningful Dividend Payout Ratio only.
FFNM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11  Med: 0.29 Max: 1
Current: 0.36
0.11
1
3-Year Dividend Growth Rate 100.00
FFNM's 3-Year Dividend Growth Rate is ranked higher than
99% of the 794 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.70 vs. FFNM: 100.00 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
FFNM' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0  Med: -63.15 Max: 100
Current: 100
0
100
Forward Dividend Yield % 2.52
FFNM's Forward Dividend Yield % is ranked lower than
57% of the 2231 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.85 vs. FFNM: 2.52 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 2.26
FFNM's 5-Year Yield-on-Cost % is ranked lower than
70% of the 2778 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 7.98 vs. FFNM: 2.26 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
FFNM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.36  Med: 2.12 Max: 19.48
Current: 2.26
0.36
19.48
3-Year Average Share Buyback Ratio -9.00
FFNM's 3-Year Average Share Buyback Ratio is ranked lower than
79% of the 1065 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -1.80 vs. FFNM: -9.00 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
FFNM' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -23.7  Med: -0.15 Max: 0
Current: -9
-23.7
0

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 0.89
FFNM's Price-to-Tangible-Book is ranked higher than
64% of the 1573 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.29 vs. FFNM: 0.89 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
FFNM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.09  Med: 0.77 Max: 2.19
Current: 0.89
0.09
2.19
Price-to-Intrinsic-Value-Projected-FCF 0.76
FFNM's Price-to-Intrinsic-Value-Projected-FCF is ranked lower than
54% of the 896 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.79 vs. FFNM: 0.76 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
FFNM' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.07  Med: 0.52 Max: 5.13
Current: 0.76
0.07
5.13
Price-to-Median-PS-Value 1.68
FFNM's Price-to-Median-PS-Value is ranked lower than
90% of the 1527 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.13 vs. FFNM: 1.68 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
FFNM' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.2  Med: 1.19 Max: 4.98
Current: 1.68
0.2
4.98
Price-to-Peter-Lynch-Fair-Value 2.82
FFNM's Price-to-Peter-Lynch-Fair-Value is ranked lower than
99.99% of the 451 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.15 vs. FFNM: 2.82 )
Ranked among companies with meaningful Price-to-Peter-Lynch-Fair-Value only.
FFNM' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.8  Med: 1.09 Max: 2.84
Current: 2.82
0.8
2.84
Price-to-Graham-Number 0.83
FFNM's Price-to-Graham-Number is ranked lower than
58% of the 1414 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.95 vs. FFNM: 0.83 )
Ranked among companies with meaningful Price-to-Graham-Number only.
FFNM' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.42  Med: 1.13 Max: 4.06
Current: 0.83
0.42
4.06
Earnings Yield (Greenblatt) % 4.97
FFNM's Earnings Yield (Greenblatt) % is ranked lower than
63% of the 1625 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.91 vs. FFNM: 4.97 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
FFNM' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -13.8  Med: 0.7 Max: 18.4
Current: 4.97
-13.8
18.4
Forward Rate of Return (Yacktman) % 10.75
FFNM's Forward Rate of Return (Yacktman) % is ranked lower than
63% of the 934 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 11.21 vs. FFNM: 10.75 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
FFNM' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -51.1  Med: 7.3 Max: 160.8
Current: 10.75
-51.1
160.8

More Statistics

Revenue (TTM) (Mil) $11.67
EPS (TTM) $ 0.46
Beta0.34
Short Percentage of Float0.17%
52-Week Range $6.70 - 8.55
Shares Outstanding (Mil)3.73
» More Articles for FFNM

Headlines

Articles On GuruFocus.com
First Federal of Northern Michigan Bancorp, Inc. Announces Appointment Of Director Craig A. Kus Jul 21 2017 
First Federal of Northern Michigan Bancorp, Inc. Announces Quarterly Cash Dividend Jul 18 2017 
First Federal of Northern Michigan Bancorp, Inc. Announces Increase to Quarterly Cash Dividend Apr 19 2017 
First Federal of Northern Michigan Banco Reports Operating Results (10-Q) Nov 15 2010 
First Federal of Northern Michigan Banco Reports Operating Results (10-Q) Aug 16 2010 
First Federal of Northern Michigan Banco Reports Operating Results (10-Q) May 17 2010 
First Federal of Northern Michigan Banco Reports Operating Results (10-Q) Nov 16 2009 
First Federal of Northern Michigan Banco Reports Operating Results (10-Q) Aug 14 2009 
First Federal of Northern Michigan Banco Reports Operating Results (10-Q) May 15 2009 

More From Other Websites
First Federal of Northern Michigan Bancorp, Inc. :FFNM-US: Earnings Analysis: Q2, 2017 By the... Sep 19 2017
First Federal of Northern Michigan Bancorp, Inc. : FFNM-US: Dividend Analysis : July 31st, 2017... Aug 30 2017
First Federal of Northern Michigan Bancorp, Inc. Announces Second Quarter 2017 Results Jul 28 2017
First Federal of Northern Michigan Bancorp, Inc. Announces Appointment Of Director Craig A. Kus Jul 21 2017
First Federal of Northern Michigan Bancorp, Inc. Announces Quarterly Cash Dividend Jul 18 2017
First Federal of Northern Michigan Bancorp, Inc. :FFNM-US: Earnings Analysis: Q1, 2017 By the... Jul 04 2017
First Federal of Northern Michigan Bancorp, Inc. Announces First Quarter 2017 Results Apr 28 2017
First Federal of Northern Michigan Bancorp, Inc. : FFNM-US: Dividend Analysis : April 30th, 2017... Apr 26 2017
First Federal of Northern Michigan Bancorp, Inc. :FFNM-US: Earnings Analysis: Q4, 2016 By the... Apr 20 2017
First Federal of Northern Michigan Bancorp, Inc. Announces Increase to Quarterly Cash Dividend Apr 19 2017
First Federal of Northern Michigan Bancorp, Inc. : FFNM-US: Dividend Analysis : February 03rd, 2017... Mar 20 2017
First Federal of Northern Michigan Bancorp, Inc. Announces Fourth Quarter 2016 Results Feb 24 2017
OTC Markets Group Announces the 2017 OTCQX Best 50 Feb 02 2017
First Federal of Northern Michigan Bancorp, Inc. : FFNM-US: Dividend Analysis : October 31st, 2016... Dec 23 2016
First Federal of Northern Michigan Bancorp, Inc. Announces Third Quarter 2016 Results Oct 28 2016
First Federal of Northern Michigan Bancorp, Inc. : FFNM-US: Dividend Analysis : July 29th, 2016... Oct 11 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}