Daniel Minick - Consumers Bancorp Senior Vice President Chief Credit Officer

CBKM Stock  USD 16.00  0.25  1.59%   

President

Mr. Daniel Minick is a Senior Vice President, Chief Credit Officer of the Company. He serves as Senior Vice President, Chief Credit Officer, having been appointed to this position in June 2016 since 2016.
Age 45
Tenure 8 years
Phone330 868 7701
Webhttps://www.consumers.bank
Minick joined Consumers in March of 2015 as Vice President, Akron Metro Market Manager for the Stow Loan Production Office. He served as Vice President, Commercial Lender for Liberty Bank from 2014 through 2015, Vice President, Commercial Lender for Huntington Bank from 2008 through 2014, and his prior banking experience spans over the last 25 years focusing primarily in credit and lending. As Chief Credit Officer, Mr. Minick oversees the credit departments and collections.

Consumers Bancorp Management Efficiency

The company has return on total asset (ROA) of 0.0109 % which means that it generated a profit of $0.0109 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1733 %, meaning that it created $0.1733 on every $100 dollars invested by stockholders. Consumers Bancorp's management efficiency ratios could be used to measure how well Consumers Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 8.26 M in liabilities with Debt to Equity (D/E) ratio of 8.83, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Consumers Bancorp until it has trouble settling it off, either with new capital or with free cash flow. So, Consumers Bancorp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Consumers Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Consumers to invest in growth at high rates of return. When we think about Consumers Bancorp's use of debt, we should always consider it together with cash and equity.

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Consumers Bancorp, Inc. operates as the bank holding company for the Consumers National Bank that provides various commercial and retail banking products and services for individuals, farmers, and small and medium-sized businesses. The company was founded in 1965 and is headquartered in Minerva, Ohio. Consumers Bancorp operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 171 people. Consumers Bancorp [CBKM] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Consumers Bancorp Leadership Team

Elected by the shareholders, the Consumers Bancorp's board of directors comprises two types of representatives: Consumers Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Consumers. The board's role is to monitor Consumers Bancorp's management team and ensure that shareholders' interests are well served. Consumers Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Consumers Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Kiko, Director
Stephen Badman, VP Director
Laurie McClellan, Chairman of the Board of the Company and Consumers National Bank
Daniel Minick, Senior Vice President Chief Credit Officer
Christina Montgomery, VP Officer
Derek Williams, Sr. VP of Retail Operations and Sales
John Tonti, Independent Director
Renee Wood, CFO, Executive VP and Treasurer
Phillip Mueller, Independent Director
David Johnson, Independent Director
John Furey, Independent Director
Bradley Goris, Independent Director
James Kiko, Independent Director
Ralph Lober, President CEO, COO, Director of the Company and Consumers National Bank
Harry Schmuck, Independent Director
Suzanne Mikes, VP Officer
Randall Gilroy, Chief Credit Officer and Sr. VP
Scott Dodds, Executive VP and Sr. Loan Officer
Ralph II, CEO Pres
Phillip Suarez, Executive VP and Sr. Loan Officer
Thomas Kishman, Independent Director
Vickie Ramsier, Sr Officer
Hillary Hudak, VP Officer
Kimberly Chuckalovchak, VP Officer
Frank Paden, Director
James Hanna, Director

Consumers Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Consumers Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Consumers Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Consumers Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Consumers Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving against Consumers OTC Stock

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The ability to find closely correlated positions to Consumers Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Consumers Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Consumers Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Consumers Bancorp to buy it.
The correlation of Consumers Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Consumers Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Consumers Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Consumers Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Consumers Bancorp. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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Please note, there is a significant difference between Consumers Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consumers Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consumers Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.