Codorus Valley Bancorp, Inc.

CVLY

CVLYCodorus Valley Bancorp, Inc. US flag

NASDAQ Global Market

24.04

USD

+1.14

- -

232.28MMarket Cap

Income Statement (USD)

API Chat

	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	31	38	40	43	45	50	56	62	70	76	77	75	78	88	93
+ Sales & Services Revenue	31	38	40	43	45	50	56	62	70	76	77	75	78	88	93
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	17	17	17	19	20	22	26	29	32	35	36	35	36	38	40
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-17	-17	-17	-19	-20	-22	-26	-29	-32	-35	-36	-35	-36	-38	-40
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-3	-7	-8	-12	-14	-16	-16	-19	-22	-25	-24	-10	-19	-26	-32
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-3	-7	-8	-12	-14	-16	-16	-19	-22	-25	-24	-10	-19	-26	-32
Pretax Income	3	7	8	12	14	16	16	19	22	25	24	10	19	26	32
- Income Tax Expense (Benefit)	- -	1	2	3	4	5	5	6	10	5	5	2	4	6	7
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	3	6	7	9	11	12	11	13	12	20	19	8	15	20	25
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	3	6	7	9	11	12	11	13	12	20	19	8	15	20	25
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	3	6	7	9	11	12	11	13	12	20	19	8	15	20	25
- Preferred Dividends	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	2	5	5	9	10	12	11	13	12	20	19	8	15	20	25
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	1	1	1	2	2	2	2	2	2	2	4	3	3	1	2
EBITDA Margin (%)	4.56	3.71	3.53	3.6	3.41	3.56	4.05	3.75	3.37	3.19	4.68	4.57	4.12	1.56	1.86
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	10.92	16.4	17.05	21.61	23.31	23.67	19.89	20.97	17.15	25.74	24.35	11.25	18.77	22.73	26.71
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.29	0.31	0.36	0.37	0.37	0.39	0.41	0.43	0.47	0.56	0.61	0.52	0.54	0.6	0.66
Depreciation Expense	1	1	1	2	2	2	2	2	2	2	4	3	3	1	2
Basic Weighted Avg Shares	6	6	6	6	6	7	8	10	10	10	10	10	10	10	10
Basic EPS, GAAP	0.41	0.86	0.87	1.44	1.62	1.62	1.45	1.35	1.23	1.98	1.89	0.86	1.51	2.11	2.6
Basic EPS from Cont Ops	0.57	1.03	1.1	1.5	1.66	1.64	1.47	1.35	1.23	1.98	1.89	0.86	1.51	2.11	2.6
Diluted Weighted Avg Shares	6	6	6	6	6	7	8	10	10	10	10	10	10	10	10
Diluted EPS, GAAP	0.41	0.86	0.86	1.42	1.59	1.59	1.44	1.34	1.21	1.96	1.88	0.86	1.5	2.1	2.59
Diluted EPS from Cont Ops	0.57	1.03	1.1	1.48	1.63	1.62	1.45	1.34	1.21	1.96	1.88	0.86	1.5	2.1	2.59

Balance Sheet (USD)

API Chat

	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	23	40	266	284	244	244	271	269	238	246	291	521	800	466	383
+ Cash & Cash Equivalents	23	40	32	50	15	31	57	74	80	97	132	336	545	120	34
+ ST Investments	- -	- -	234	234	229	213	213	195	159	150	160	185	254	345	350
+ Accounts & Notes Receiv	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-23	-40	-266	-284	-244	-244	-271	-269	-238	-246	-291	-521	-800	-466	-383
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	11	11	11	11	15	18	25	25	24	25	29	28	24	24	22
+ Property, Plant & Equip	25	26	27	28	33	38	46	48	50	53	59	60	58	60	60
- Accumulated Depreciation	14	15	16	17	18	20	21	23	26	28	30	32	34	36	37
+ LT Investments & Receivables	174	223	234	234	229	213	213	195	159	150	160	185	254	345	350
+ LT Investments	174	223	234	234	229	213	213	195	159	150	160	185	254	345	350
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-185	-233	-245	-246	-243	-232	-238	-219	-183	-174	-189	-213	-278	-370	-372
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	2	2	2	2	2	2	2	2	2
+ Goodwill	- -	- -	- -	- -	- -	- -	2	2	2	2	2	2	2	2	2
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-185	-233	-245	-246	-243	-232	-240	-222	-185	-177	-191	-215	-280	-372	-374
Total Assets	893	957	1,012	1,060	1,151	1,214	1,456	1,612	1,709	1,807	1,887	2,162	2,419	2,195	2,195
+ Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	8	7	- -	- -	16	- -	- -	57	20	7	8	- -	- -	- -	- -
+ ST Borrowings	8	7	- -	- -	16	- -	- -	57	20	7	8	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-8	-7	- -	- -	-16	- -	- -	-57	-20	-7	-8	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-8	-7	- -	- -	-16	- -	- -	-57	-20	-7	-8	- -	- -	- -	- -
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	84	62	47	31	70	90	120	125	130	115	85	80	54	46	45
+ LT Borrowings	84	62	46	31	70	90	120	125	130	115	80	76	51	41	41
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5	4	3	4	4
+ Other LT Liabilities	-84	-62	-47	-31	-70	-90	-120	-125	-130	-115	-85	-80	-54	-46	-45
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-84	-62	-47	-31	-70	-90	-120	-125	-130	-115	-85	-80	-54	-46	-45
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	821	881	919	958	1,043	1,095	1,297	1,457	1,545	1,629	1,695	1,964	2,223	2,018	1,995
+ Preferred Equity and Hybrid Capital	16	16	25	25	25	12	12	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	47	48	48	52	57	77	117	127	142	158	165	166	167	167	167
+ Common Stock	10	10	11	11	12	15	20	21	22	24	24	25	25	25	25
+ Additional Paid in Capital	37	37	37	41	45	63	97	106	120	135	140	141	142	142	143
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	9	7	5
+ Retained Earnings	7	11	15	19	23	26	29	29	23	23	25	28	38	52	69
+ Other Equity	2	2	6	6	2	3	1	-1	-1	-2	1	4	- -	-35	-31
Equity Before Minority Interest	72	77	93	101	108	118	159	155	164	179	191	198	196	177	200
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	72	77	93	101	108	118	159	155	164	179	191	198	196	177	200
Total Liabilities & Equity	893	957	1,012	1,060	1,151	1,214	1,456	1,612	1,709	1,807	1,887	2,162	2,419	2,195	2,195
Shares Outstanding	6	6	6	6	6	7	10	10	10	10	10	10	9	10	10
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5	4	3	4	4
Net Debt	70	29	14	-19	71	59	63	108	71	26	-43	-260	-495	-79	7
Net Debt to Equity	96.61	37.28	15.13	-18.95	65.97	50	39.48	69.64	43.41	14.29	-22.68	-131.28	-252.94	-44.76	3.74
Tangible Common Equity Ratio	6.29	6.33	6.74	7.2	7.18	8.77	9.96	9.49	9.49	9.77	10.02	9.06	8	7.98	9
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
+ Net Income	3	6	7	9	11	12	11	13	12	20	19	8	15	20	25
+ Depreciation & Amortization	1	1	1	2	2	2	2	2	2	2	4	3	3	1	2
+ Non-Cash Items	5	1	9	6	5	2	3	1	6	-1	-6	6	7	12	1
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	1	1	1
+ Deferred Income Taxes	-2	-1	-1	- -	- -	- -	- -	-1	3	- -	-1	-1	- -	1	-1
+ Asset Impairment Charge	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -
+ Other Non-Cash Adj	6	2	9	5	5	2	3	1	2	-1	-6	7	6	11	- -
+ Chg in Non-Cash Work Cap	-4	1	- -	-1	1	- -	-2	2	-4	- -	1	-6	3	- -	-5
+ (Inc) Dec in Accts Receiv	-1	- -	- -	- -	- -	- -	- -	- -	-1	-1	1	-3	4	-2	-1
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Inc (Dec) in Other	-3	1	- -	-1	1	- -	-2	3	-4	- -	- -	-3	-1	2	-5
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	5	9	16	16	18	15	14	18	17	21	17	12	28	34	22
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	2
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	2
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	-1	-1	-2	-5	-6	-6	-2	-2	-3	-3	-2	-2	-2	-2
+ Acq of Fixed Prod Assets	-1	-1	-1	-2	-5	-6	-6	-2	-2	-3	-3	-2	-2	-2	-2
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	1	1	14	34	1	1	1	-4	1	-9	1	1
+ Increase in Capital Stock	- -	- -	- -	1	1	14	34	1	1	1	1	1	1	2	2
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-5	- -	-10	-1	-1
+ Net Change in LT Investment	-100	-50	-5	-1	-3	17	13	12	37	7	-5	-21	-74	-137	7
+ Dec in LT Investment	34	43	54	62	60	55	70	60	50	30	120	176	204	46	43
+ Inc in LT Investment	-134	-93	-60	-63	-63	-38	-57	-48	-14	-23	-124	-197	-278	-183	-36
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	21	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	21	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-78	1	-63	-35	-128	-60	-127	-154	-131	-86	-25	-49	13	-106	-85
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-179	-50	-70	-37	-136	-49	-99	-144	-97	-82	-33	-72	-61	-245	-78
+ Dividends Paid	-2	-2	-2	-2	-2	-3	-3	-4	-5	-6	-6	-5	-5	-6	-6
+ Net Cash From Debt	45	-24	-15	-16	40	20	30	5	5	-15	-35	-4	-25	-9	45
+ Cash From Debt	76	- -	15	- -	40	20	35	40	20	30	- -	31	- -	1	45
+ Repayments of Debt	-31	-24	-30	-16	- -	- -	-5	-35	-15	-45	-35	-35	-25	-10	- -
+ Other Financing Activities	141	83	60	56	45	19	51	140	84	97	96	273	282	-201	-70
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	185	58	43	39	84	50	111	142	85	78	51	265	243	-214	-30
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	11	17	-11	18	-35	16	26	17	5	17	35	204	210	-425	-87
EBITDA	1	1	1	2	2	2	2	2	2	2	4	3	3	1	2
EBITDA Margin (%)	4.56	3.71	3.53	3.6	3.41	3.56	4.05	3.75	3.37	3.19	4.68	4.57	4.12	1.56	1.86
Free Cash Flow	4	8	15	14	13	10	8	16	15	18	14	10	26	32	20
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	-21	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	- -	8	15	14	13	10	8	16	15	18	14	10	26	32	20
Free Cash Flow to Equity	64	-17	7	-2	52	16	38	9	20	3	-21	5	2	23	67
Free Cash Flow per Basic Share	0.65	1.36	2.43	2.31	2.04	1.35	1.06	1.67	1.49	1.85	1.37	0.99	2.66	3.37	2.08
Price/Free Cash Flow	2.25	2.68	1.41	2.7	3.21	4.15	5.12	9.47	10.89	7.21	10.12	10.62	6.53	6.07	10.09
Cash Flow to Net Income	1.5	1.47	2.41	1.75	1.67	1.3	1.26	1.41	1.39	1.07	0.89	1.41	1.9	1.69	0.88
Capital Expenditures	-1	-1	-1	-2	-5	-6	-6	-2	-2	-3	-3	-2	-2	-2	-2