Wayne Savings Bancshares operates as the unitary thrift holding company for Wayne Savings Community Bank that provides a range of consumer and business financial services to individuals, business, and other organizations. The Company accepts consumer and commercial deposits and originates various loans. It also invests in mortgage-backed securities, obligations issued by state and political subdivisions, and a small position of private-label collateralized mortgage obligations, as well as in other liquid investments.

Employee Rating

2.7More
TypePublic
HQWooster, US
Founded1899
Size (employees)92 (est)
Websitewaynesavings.com
Wayne Savings was founded in 1899 and is headquartered in Wooster, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at Wayne Savings

Peggy J. Schmitz

Peggy J. Schmitz

Director Since 2008 (WSBI, WSCB)
Jonathan Ciccotelli

Jonathan Ciccotelli

Lead Director (WSBI, WSCB)
David L. Lehman

David L. Lehman

Director Since 2012 (WSBI, WSCB)
Debra A. Marthey

Debra A. Marthey

Director Since 2011 (WSBI, WSCB)
Glenn W. Miller

Glenn W. Miller

Director Since 2012 (WSBI, WSCB)
James R. Vansickle

James R. Vansickle

President and CEO (WSBI, WSCB)
Show more

Wayne Savings Office Locations

Wayne Savings has an office in Wooster
Wooster, US (HQ)
151 North Market Street
Wooster, US
143 N Market St
Wooster, US
1908 Cleveland Rd
Show all (3)
Report incorrect company information

Wayne Savings Financials and Metrics

Wayne Savings Revenue

Embed Graph
View revenue for all periods
Wayne Savings's revenue was reported to be $17.55 m in FY, 2016
USD

Revenue (Q3, 2017)

4.7m

Gross profit (Q3, 2017)

4.2m

Gross profit margin (Q3, 2017), %

89.6%

Net income (Q3, 2017)

855.0k

EBIT (Q3, 2017)

3.6m

Market capitalization (8-Oct-2018)

53.5m

Cash (30-Sep-2017)

7.0m

EV

68.8m
Wayne Savings's current market capitalization is $53.5 m.
Annual
USDFY, 2013FY, 2015FY, 2016

Revenue

16.0m16.4m17.5m

Cost of goods sold

2.3m2.0m2.1m

Gross profit

13.7m14.4m15.5m

Gross profit Margin, %

85%88%88%
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

4.0m4.1m4.2m4.0m4.0m4.2m4.3m4.4m4.5m4.5m4.7m4.7m

Cost of goods sold

575.0k542.0k530.0k486.0k503.0k480.0k493.0k518.0k534.0k508.0k499.0k491.0k

Gross profit

3.4m3.6m3.7m3.5m3.5m3.7m3.8m3.9m3.9m4.0m4.2m4.2m

Gross profit Margin, %

85%87%87%88%88%88%89%88%88%89%89%90%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

13.4m10.8m11.2m16.8m

Accounts Receivable

1.2m1.2m1.1m862.8k

PP&E

6.7m6.8m6.7m6.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

8.0m10.1m12.1m12.1m7.5m5.9m8.1m12.1m8.9m11.3m8.1m7.0m

PP&E

6.8m6.6m6.8m6.7m6.9m6.7m6.6m6.7m6.6m6.3m6.3m6.2m

Goodwill

1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m1.7m

Total Assets

399.7m409.6m415.4m418.7m421.4m424.0m437.6m449.2m445.8m448.6m445.2m446.3m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

2.1m2.6m1.6m2.2m

Depreciation and Amortization

589.0k573.0k591.0k671.0k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

1.6m670.0k1.4m440.0k683.0k1.1m707.0k1.4m550.0k571.0k1.3m2.2m

Depreciation and Amortization

442.0k146.0k298.0k288.0k437.0k157.0k322.0k173.0k342.0k514.0k

Cash From Operating Activities

3.6m312.0k1.6m1.4m2.8m692.0k1.5m303.0k2.2m3.3m

Cash From Investing Activities

(5.9m)(2.1m)(6.2m)(8.5m)(13.5m)(6.8m)(14.3m)450.0k78.0k(2.7m)
USDY, 2017

EV/EBIT

19.3 x

EV/CFO

20.9 x

Revenue/Employee

51.2k

Financial Leverage

10.5 x
Show all financial metrics
Report incorrect company information

Wayne Savings Online and Social Media Presence

Embed Graph
Report incorrect company information

Wayne Savings News and Updates

Wayne Savings Bancshares, Inc. Declares Quarterly Dividend

WOOSTER, Ohio, Dec. 21, 2018 (GLOBE NEWSWIRE) -- Wayne Savings Bancshares, Inc. (OTCQX:WAYN),  (the “Company”), the holding company parent of Wayne Savings Community Bank (the “Bank”), has declared a cash dividend of $0.16  per share of the Company’s common stock for the quarter ending December 31…

Wayne Savings Bancshares, Inc. Announces Record Earnings for the Quarter ended September 30, 2018

WOOSTER, Ohio, Oct. 12, 2018 (GLOBE NEWSWIRE) -- Wayne Savings Bancshares, Inc. (OTCQX: WAYN), (the “Company”), the holding company parent of Wayne Savings Community Bank, reported net income (unaudited) of $1.4 million, or $0.53 per common share, for the quarter ended September 30, 2018.  This re…
Report incorrect company information

Wayne Savings Company Life and Culture

Report incorrect company information

Wayne Savings Frequently Asked Questions

  • When was Wayne Savings founded?

    Wayne Savings was founded in 1899.

  • Who are Wayne Savings key executives?

    Wayne Savings's key executives are Peggy J. Schmitz, Jonathan Ciccotelli and David L. Lehman.

  • How many employees does Wayne Savings have?

    Wayne Savings has 92 employees.

  • What is Wayne Savings revenue?

    Latest Wayne Savings annual revenue is $17.5 m.

  • What is Wayne Savings revenue per employee?

    Latest Wayne Savings revenue per employee is $190.7 k.

  • Who are Wayne Savings competitors?

    Competitors of Wayne Savings include Banca Transilvania, Umpqua Holdings and Southside Bancshares.

  • Where is Wayne Savings headquarters?

    Wayne Savings headquarters is located at 151 North Market Street, Wooster.

  • Where are Wayne Savings offices?

    Wayne Savings has an office in Wooster.

  • How many offices does Wayne Savings have?

    Wayne Savings has 3 offices.