Download PDF

1. Company Snapshot

1.a. Company Description

Mid-Southern Bancorp, Inc.operates as the holding company for Mid-Southern Savings Bank, FSB that provides various banking products and services to individuals and business customers.It accepts various deposit products, including checking, savings, money market, and demand accounts, as well as certificates of deposit and term deposits.


The company also offers loans secured by first mortgages on one- to four-family residences, including home equity loans and lines of credit; commercial and multifamily real estate loans; construction loans secured by single-family residences; commercial and multifamily real estate loans; land and lot loans; commercial business loans; consumer loans, including new and used manufactured homes, automobiles and truck, boats, and motorcycles and recreational vehicle loans; loans secured by savings deposits and other personal loans; and unsecured consumer loans.In addition, it holds and manages an investment securities portfolio.The company provides its products and services through its main office in Salem; and through its branch offices located in Mitchell and Orleans, Indiana, as well as through loan production offices located in New Albany, Indiana and Louisville, Kentucky.


The company was founded in 1886 and is headquartered in Salem, Indiana.

Show Full description

1.b. Last Insights on MSVB

Have nothing to say about that one ...

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

3. NewsRoom

Card image cap

Mid-Southern Bancorp, Inc. Announces Updated Range of Per Share Consideration in Dissolution Payment and Payment Record Date

Oct -28

Card image cap

MID-SOUTHERN BANCORP, INC., MID-SOUTHERN SAVINGS BANK, FSB AND BEACON CREDIT UNION SIGN DEFINITIVE PURCHASE AND ASSUMPTION AGREEMENT

Jan -25

Card image cap

Mid-Southern Bancorp, Inc. Announces its Quarterly Cash Dividend

Jul -26

Card image cap

Mid-Southern Bancorp, Inc. Reports Results of Operations for the Second Quarter Ended June 30, 2023

Jul -24

Card image cap

Olive Garden parent Darden stands by outlook after mixed quarterly results

Sep -22

Card image cap

Mid-Southern Bancorp, Inc. Reports Results of Operations for the Second Quarter of 2021

Jul -26

Card image cap

Mid-Southern Bancorp, Inc. Reports Results of Operations for the Fourth Quarter and Year Ended December 31, 2020

Feb -22

Card image cap

Mid-Southern Bancorp, Inc. Announces Declaration of its Quarterly Cash Dividend

Jul -23

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (4.50%)

6. Segments

Banking and Related Activities

Expected Growth: 4.5%

Mid-Southern Bancorp's growth is driven by increasing demand for digital banking services, expansion of credit card offerings, and strategic investments in fintech partnerships, enabling the company to capitalize on the growing need for convenient and innovative financial solutions.

7. Detailed Products

Personal Banking

Mid-Southern Bancorp, Inc. offers a range of personal banking services, including checking and savings accounts, credit cards, personal loans, and mortgages.

Business Banking

The company provides business banking services, including commercial loans, lines of credit, cash management, and merchant services.

Wealth Management

Mid-Southern Bancorp, Inc. offers wealth management services, including investment management, retirement planning, and estate planning.

Mortgage Lending

The company provides mortgage lending services, including residential and commercial mortgages, refinancing, and construction loans.

Treasury Management

Mid-Southern Bancorp, Inc. offers treasury management services, including cash management, wire transfers, and account reconciliation.

Online Banking

The company provides online banking services, including bill pay, fund transfers, and account management.

8. Mid-Southern Bancorp, Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Mid-Southern Bancorp, Inc. is medium due to the presence of alternative financial institutions and online banking services.

Bargaining Power Of Customers

The bargaining power of customers for Mid-Southern Bancorp, Inc. is low due to the lack of concentration of customers and the presence of multiple banking options.

Bargaining Power Of Suppliers

The bargaining power of suppliers for Mid-Southern Bancorp, Inc. is medium due to the presence of multiple suppliers of financial services and technology.

Threat Of New Entrants

The threat of new entrants for Mid-Southern Bancorp, Inc. is high due to the low barriers to entry in the banking industry and the presence of fintech companies.

Intensity Of Rivalry

The intensity of rivalry for Mid-Southern Bancorp, Inc. is high due to the presence of multiple competitors in the banking industry and the need to differentiate itself through innovative products and services.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 46.53%
Debt Cost 4.04%
Equity Weight 53.47%
Equity Cost 4.82%
WACC 4.46%
Leverage 87.03%

11. Quality Control: Mid-Southern Bancorp, Inc. passed 3 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Citizens Financial Services

A-Score: 6.0/10

Value: 7.0

Growth: 5.1

Quality: 5.5

Yield: 7.0

Momentum: 6.5

Volatility: 4.7

1-Year Total Return ->

Stock-Card
Mid-Southern Bancorp

A-Score: 5.9/10

Value: 8.9

Growth: 1.0

Quality: 6.1

Yield: 2.0

Momentum: 8.5

Volatility: 9.0

1-Year Total Return ->

Stock-Card
Carter Bankshares

A-Score: 4.9/10

Value: 5.7

Growth: 4.3

Quality: 5.9

Yield: 0.0

Momentum: 6.0

Volatility: 7.7

1-Year Total Return ->

Stock-Card
Blue Foundry Bank

A-Score: 4.7/10

Value: 8.8

Growth: 5.1

Quality: 4.6

Yield: 0.0

Momentum: 2.5

Volatility: 7.3

1-Year Total Return ->

Stock-Card
Greene County Bancorp

A-Score: 4.6/10

Value: 5.4

Growth: 6.6

Quality: 6.8

Yield: 3.0

Momentum: 1.0

Volatility: 5.0

1-Year Total Return ->

Stock-Card
First Foundation

A-Score: 3.6/10

Value: 9.2

Growth: 1.8

Quality: 3.9

Yield: 1.0

Momentum: 2.0

Volatility: 4.0

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

17.69$

Current Price

17.69$

Potential

-0.00%

Expected Cash-Flows