1. Financial Services

  2. •

    Banks - Regional
Atlantic Coast Federal Corp.

Atlantic Coast Federal Corp.

ACFC
Atlantic Coast Federal Corp.US flagNASDAQ
10.89
USD
+0.02
- -
Atlantic Coast Federal Corp.
ACFC
(NASDAQ)

Recent

price

10.89

P/E

ratio

- -

div

yld

- -

ROIC.AI

2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
TTM
FRC
- -
- -
11.31
10.18
11.18
10.73
12.97
9.52
12.55
13.23
11.75
6.37
1.56
1.82
2.32
- -
2.16
Revenue per Share
- -
- -
1.43
1.73
1.94
0.41
-1.11
-8.97
-5.51
-4.13
-2.67
-3.23
0.09
0.5
0.42
- -
0.2
Basic EPS, GAAP
- -
- -
4.44
3.52
1.17
3.22
3.21
-0.88
-11.43
-2.43
-3.84
1.14
-1.13
0.03
0.78
- -
0.89
Free Cash Flow per Basic Share
- -
- -
- -
0.55
0.71
0.92
0.94
0.03
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
20.92
18.25
19.74
18.79
18
6.59
1.06
-3.08
-5.75
13.41
-1.58
-1.08
-0.66
- -
-0.35
Book Value per Share
- -
- -
43.16
33.39
33.28
31.9
31.52
24.46
17.37
18.59
16.12
18.57
4.7
5.21
5.64
- -
5.95
Tangible Book Value per Share
- -
- -
2
3
3
3
3
3
3
2
2
4
15
15
15
- -
15
Basic Weighted Avg Shares
9
12
25
28
30
29
33
24
32
33
29
22
24
28
36
34
33
Sales/Revenue/Turnover
-102.77
-71.18
19.65
20.98
25.4
4.25
-18.21
-94.95
-43.89
-32.51
-22.22
-50.76
5.51
-6.4
28.14
- -
16.29
Operating Margin (%)
1
1
1
2
2
2
2
2
1
1
1
1
1
1
1
1
1
Depreciation Expense
3
4
3
5
5
1
-3
-23
-14
-10
-7
-11
1
8
6
3
3
Net Income, GAAP
33.21
35.19
35.47
18.77
31.72
10.44
- -
- -
- -
- -
- -
- -
- -
- -
36.14
59
57.38
Effective Tax Rate (%)
35.13
37.53
12.68
17.04
17.35
3.8
-8.52
-94.19
-43.89
-31.23
-22.73
-50.76
5.51
27.6
17.97
9.32
9.3
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
45
61
100
124
144
173
185
183
155
135
135
110
124
208
189
214
192
LT Debt
39
43
99
93
91
90
84
63
45
46
40
66
72
80
87
91
92
Total Equity
-8.15
-5.76
2.11
2.23
2.25
0.45
- -
- -
- -
- -
- -
- -
0.71
- -
2.28
- -
0.9
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
16.4
10.76
7.11
9.78
10.12
2.15
-5.83
-72.82
-144.46
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'17
Dec'17
Mar'18
ST Debt
- -
- -
- -
LT Borrowings
151
214
192
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
136
146
159

Working Capital

FRC

•

in mil. unless spec.
Sep'17
Dec'17
Mar'18
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
42
50
49
Accounts Receivable, Net
2
2
2
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
3
3
3
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.67%
19.34%
4.19%
Free Cash Flow
329.78%
450.24%
85.63%
Net Income, GAAP
62.71%
74.72%
-50.64%
Sales/Revenue/Turnover
3.31%
4.55%
-4.87%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
9
9
9
9
36
2017
9
9
8
8
34
2018
8
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
0.1
0.09
0.1
0.13
0.42
2017
0.1
0.08
0.07
-0.04
- -
2018
0.09
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2016
- -
- -
- -
- -
- -
2017
- -
- -
- -
- -
- -
2018
- -
- -
- -
- -
- -
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Business
Atlantic Coast Federal Corp (NASDAQ:ACFC) serves as the holding company for Atlantic Coast Bank, a federally chartered community bank providing retail and commercial banking services to individual and business customers primarily in Northeast Florida and Southeast Georgia. The bank offers deposit products including noninterest-bearing and interest-bearing demand accounts, savings accounts, money market demand accounts, time deposits, checking accounts, and certificates of deposit; lending products encompassing one-to-four-family residential first and second mortgages, home equity loans, commercial real estate loans, commercial and residential construction loans, multi-family real estate loans, commercial business loans, automobile loans, and other consumer loans; and additional services such as credit cards, USDA loans, SBA loans, warehouse lending, and wealth management. Founded in 1939 and headquartered in Jacksonville, Florida, the company operates through 11 financial service centers with over $700 million in assets. In May 2018, Atlantic Coast Financial Corporation, the predecessor entity, was acquired by Ameris Bancorp, after which operations continued under the ACFC ticker as a publicly traded holding company for Atlantic Coast Bank, maintaining its community banking focus despite notations of potential delisting on some platforms. The bank converted its charter from a federal savings bank to a Florida state-chartered commercial bank in December 2016, broadening its commercial lending capabilities. As of recent data, ACFC reports a market capitalization of approximately $169 million, with shares trading around $10.89 and no dividend payments.