BSFO (Bank ofn Francisco New) Beneish M-Score: 0.00 (As of Jun. 24, 2026)


BSFO Bank of San Francisco New BSFO
68 GF Score
Price $43.05
GF Value $36.74
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Bank ofn Francisco New Beneish M-Score?

Bank ofn Francisco New BSFO -0.52% 68 Beneish M-Score is 0.00 as of Jun. 24, 2026. GuruFocus rates BSFO with a GF Score™ of 68/100 and a GF Value™ of $36.74 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,396 Banks companies, Bank ofn Francisco New ranks worse than 71633.17% on this metric.

Note: Financial institutions were excluded from the sample in Beneish paper when calculating Beneish M-Score. Thus, the prediction might not fit banks and insurance companies.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

The historical rank and industry rank for Bank ofn Francisco New's Beneish M-Score or its related term are showing as below:

During the past 10 years, the highest Beneish M-Score of Bank ofn Francisco New was -1.93. The lowest was -7.17. And the median was -4.94.

BSFO
68GF Score
Bank of San Francisco New BSFO
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Bank ofn Francisco New Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Bank ofn Francisco New for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was $0.00 Mil.
Revenue was $29.43 Mil.
Gross Profit was $29.43 Mil.
Total Current Assets was $0.00 Mil.
Total Assets was $733.05 Mil.
Property, Plant and Equipment(Net PPE) was $2.59 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.25 Mil.
Selling, General, & Admin. Expense(SGA) was $11.90 Mil.
Total Current Liabilities was $0.00 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Net Income was $6.78 Mil.
Gross Profit was $0.00 Mil.
Cash Flow from Operations was $8.46 Mil.
 Total Receivables was $0.00 Mil.
Revenue was $25.10 Mil.
Gross Profit was $25.10 Mil.
Total Current Assets was $0.00 Mil.
Total Assets was $615.44 Mil.
Property, Plant and Equipment(Net PPE) was $1.41 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.25 Mil.
Selling, General, & Admin. Expense(SGA) was $10.54 Mil.
Total Current Liabilities was $0.00 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(0 / 29.425) / (0 / 25.099)
=0 / 0
=

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(25.099 / 25.099) / (29.425 / 29.425)
=1 / 1
=

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (0 + 2.59) / 733.054) / (1 - (0 + 1.411) / 615.437)
=0.996467 / 0.997707
=

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=29.425 / 25.099
=

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(0.246 / (0.246 + 1.411)) / (0.249 / (0.249 + 2.59))
=0.148461 / 0.087707
=

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(11.896 / 29.425) / (10.542 / 25.099)
=0.404282 / 0.420017
=

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((0 + 0) / 733.054) / ((0 + 0) / 615.437)
=0 / 0
=

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(6.778 - 0 - 8.457) / 733.054
=-0.00229

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Bank ofn Francisco New (BSFO) has a Beneish M-Score of 0.00 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Bank ofn Francisco New and its competitors. According to the industry distribution chart, Bank ofn Francisco New ranks #999999 out of 1396 companies in the Banks industry.
Is Bank ofn Francisco New's Beneish M-Score too high?
Bank ofn Francisco New's current Beneish M-Score is 0.00. Based on the distribution chart, Bank ofn Francisco New ranks #999999 out of 1396 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Bank ofn Francisco New has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank ofn Francisco New's Beneish M-Score compare to FTFI and PBNK?
According to the Banks industry distribution chart, Bank ofn Francisco New ranks #999999 out of 1396 companies for Beneish M-Score. This places Bank ofn Francisco New in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Banks company?
A good Beneish M-Score depends on the Banks industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Bank ofn Francisco New and its competitors. Bank ofn Francisco New's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank ofn Francisco New stock overvalued right now?
Based on GuruFocus' analysis, Bank ofn Francisco New (BSFO) is currently considered Modestly Overvalued. The stock's GF Value™ is $36.74, compared to a current price of $43.05 — trading 17.2% above its estimated fair value. The current Beneish M-Score is 0.00. Bank ofn Francisco New's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Bank ofn Francisco New (BSFO), the current Beneish M-Score is 0.00 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bank ofn Francisco New (BSFO) Overvalued in 2026?

Based on GuruFocus' analysis, Bank ofn Francisco New stock appears to be overvalued. The current stock price of $43.05 is trading 17.2% above its estimated GF Value™ of $36.74. GuruFocus considers Bank ofn Francisco New to be Modestly Overvalued.

Key valuation signals for BSFO:

  • Beneish M-Score: 0.00
  • GF Value™: $36.74 vs. price of $43.05 (17.2% above fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the BSFO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bank ofn Francisco New Business Description

Address 345 California Street, Suite 1600, San Francisco, CA, USA, 94104
Bank of San Francisco New is a United States-based state-chartered commercial bank. The Company provides a range of banking services to individuals, businesses, and other clients, including personal, business, online, and mobile banking. It offers deposit products such as checking, savings, money market accounts, and certificates of deposit. The company also engages in mortgage banking activities, including originating, brokering, and retaining one-to-four unit residential mortgage loans.
68GF Score

Get the complete analysis for BSFO

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$43.05
Price
$36.74
GF Value