IF Bancorp, Inc. (IROQ)
For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
IF Bancorp, Inc. (IROQ) trades at $26.55 with AI Score 52/100 (Hold). IF Bancorp, Inc. is the savings and loan holding company for Iroquois Federal Savings and Loan Association, offering a range of banking and financial services. Market cap: 89M, Sector: Financial services.
Last analyzed: Feb 9, 2026IF Bancorp, Inc. (IROQ) Financial Services Profile
IF Bancorp (IROQ) delivers community-focused banking solutions with a strong presence in Illinois and Missouri. With a stable dividend yield and a low beta, IROQ offers investors a notable opportunity to participate in a well-established regional bank boasting a solid profit margin.
Investment Thesis
IF Bancorp presents a notable research candidate due to its established presence in the Illinois and Missouri markets and its diverse range of financial products and services. With a market capitalization of $0.09 billion and a P/E ratio of 17.42, IROQ offers a stable investment profile, further supported by a dividend yield of 1.44%. The company's low beta of 0.19 suggests lower volatility compared to the broader market. Growth catalysts include expansion of its loan portfolio and wealth management services. The company's ongoing focus on community banking and customer relationships positions it well for sustained growth.
Based on FMP financials and quantitative analysis
Key Highlights
- Market capitalization of $0.09 billion indicates a smaller, community-focused bank.
- P/E ratio of 17.42 suggests a reasonable valuation relative to earnings.
- Profit margin of 10.8% demonstrates efficient profitability.
- Gross margin of 44.3% indicates strong revenue management.
- Dividend yield of 1.44% provides a steady income stream for investors.
Competitors & Peers
Strengths
- Strong local presence and brand reputation.
- Diverse range of banking and financial services.
- Conservative lending practices.
- Stable deposit base.
Weaknesses
- Limited geographic reach compared to larger regional banks.
- Dependence on traditional banking services.
- Lower investment in technology compared to larger competitors.
- Smaller market capitalization limits access to capital.
Catalysts
- Upcoming: Potential interest rate hikes by the Federal Reserve could increase net interest margin.
- Ongoing: Continued expansion of wealth management services driving fee income.
- Ongoing: Increased adoption of digital banking platform improving customer engagement and efficiency.
- Ongoing: Strategic partnerships with local businesses to expand customer base.
Risks
- Potential: Economic slowdown in Illinois and Missouri impacting loan demand and credit quality.
- Potential: Increased competition from larger banks and credit unions eroding market share.
- Ongoing: Regulatory changes increasing compliance costs and operational complexity.
- Ongoing: Cybersecurity threats and data breaches compromising customer information.
Growth Opportunities
- Expansion of Loan Portfolio: IF Bancorp can grow by expanding its loan portfolio, particularly in commercial real estate and business loans, within its existing geographic footprint. The market for commercial loans in Illinois and Missouri is estimated to be worth billions, offering substantial growth potential. Timeline: Ongoing.
- Wealth Management Services: Growing its wealth management services represents a significant growth opportunity. By offering comprehensive financial planning, retirement planning, and investment management services, IF Bancorp can attract and retain high-value clients. The wealth management market is projected to grow, driven by an aging population and increasing affluence. Timeline: Ongoing.
- Digital Banking Adoption: Investing in and promoting its digital banking platform can attract younger, tech-savvy customers and improve operational efficiency. The adoption of mobile banking and online services is increasing rapidly, providing a competitive advantage for banks that offer seamless digital experiences. Timeline: Ongoing.
- Strategic Acquisitions: IF Bancorp could pursue strategic acquisitions of smaller banks or credit unions in adjacent markets to expand its geographic reach and customer base. Consolidation in the banking industry is an ongoing trend, creating opportunities for growth through acquisitions. Timeline: Ongoing.
- Insurance Product Expansion: Expanding the range of insurance products offered, including life, disability, and health insurance, can generate additional revenue streams and enhance customer relationships. The insurance market provides a stable source of fee income and complements the bank's existing financial services. Timeline: Ongoing.
Opportunities
- Expansion of digital banking services.
- Growth in wealth management and insurance services.
- Strategic acquisitions of smaller banks or credit unions.
- Increased lending to small and medium-sized businesses.
Threats
- Increased competition from larger national and regional banks.
- Rising interest rates impacting loan profitability.
- Economic downturn affecting loan demand and credit quality.
- Regulatory changes increasing compliance costs.
Competitive Advantages
- Established local presence and brand recognition in Illinois and Missouri.
- Long-standing customer relationships built over decades.
- Conservative lending practices and risk management.
- Access to a stable deposit base.
About IROQ
Founded in 1883 and headquartered in Watseka, Illinois, IF Bancorp, Inc. has a long history as the savings and loan holding company for Iroquois Federal Savings and Loan Association. The company provides a comprehensive suite of banking and financial services tailored to both individual and corporate clients. Its core offerings include a variety of deposit accounts, such as savings accounts, certificates of deposit, money market accounts, and checking accounts, along with specialized accounts like individual retirement accounts and health savings accounts. IF Bancorp also provides a diverse portfolio of loans, including residential mortgage loans, multi-family mortgage loans, commercial real estate loans (including farm loans), home equity lines of credit, commercial business loans, and consumer loans, primarily automobile loans. The company augments its banking services with property and casualty insurance sales, annuities, mutual funds, and retirement plans. IF Bancorp operates seven full-service banking offices in Illinois, located in Watseka, Danville, Clifton, Hoopeston, Savoy, Bourbonnais, and Champaign, and a loan production and wealth management office in Osage Beach, Missouri. The company also provides ATM, online banking and bill pay, mobile banking, ACH origination, remote deposit capture, and telephone banking services.
What They Do
- Offers savings accounts and certificates of deposit.
- Provides personal and commercial checking accounts.
- Originates residential and commercial mortgage loans.
- Provides home equity lines of credit.
- Offers commercial business and consumer loans.
- Sells property and casualty insurance.
- Offers annuities, mutual funds, and retirement plans.
- Provides online and mobile banking services.
Business Model
- Generates revenue from interest earned on loans.
- Collects fees for services such as wealth management and insurance sales.
- Earns income from investments in securities.
- Gains revenue from deposit accounts.
Industry Context
IF Bancorp operates within the regional banking sector, which is characterized by localized competition and a focus on community relationships. The industry is influenced by interest rate fluctuations, regulatory changes, and economic conditions. Regional banks like IF Bancorp compete with larger national banks and smaller credit unions, differentiating themselves through personalized service and local market expertise. The market is seeing increased adoption of digital banking solutions, requiring regional banks to invest in technology to remain competitive. Competitors include AUBN, BOTJ, FDSB, FGBI, and FNWB.
Key Customers
- Individual consumers seeking personal banking services.
- Small to medium-sized businesses requiring commercial loans and banking solutions.
- Real estate investors needing mortgage financing.
- Individuals planning for retirement and wealth management.
Financials
Chart & Info
IF Bancorp, Inc. (IROQ) stock price: $26.55 (-0.24, -0.89%)
Latest News
No recent news available for IROQ.
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for IROQ.
Price Targets
Wall Street price target analysis for IROQ.
MoonshotScore
What does this score mean?
The MoonshotScore rates IROQ's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
What Investors Ask About IF Bancorp, Inc. (IROQ)
What does IF Bancorp, Inc. do?
IF Bancorp, Inc., through its subsidiary Iroquois Federal Savings and Loan Association, provides a comprehensive suite of banking and financial services to individuals and corporate clients. These services include deposit accounts like savings, checking, and money market accounts, as well as various loan products such as residential mortgages, commercial real estate loans, and consumer loans. Additionally, the company offers wealth management services, insurance products, and digital banking solutions, operating primarily in Illinois and Missouri. The company focuses on community banking and building long-term customer relationships.
Is IROQ stock worth researching?
IROQ stock presents a mixed investment profile. Its low beta of 0.19 suggests lower volatility, and the dividend yield of 1.44% provides a steady income stream. However, the company's smaller market capitalization and dependence on traditional banking services may limit growth potential. Investors may want to evaluate IROQ's valuation relative to its peers, its growth prospects in wealth management and digital banking, and the potential impact of economic conditions on its loan portfolio before making an investment decision. A P/E ratio of 17.42 suggests a reasonable valuation.
What are the main risks for IROQ?
IROQ faces several key risks, including increased competition from larger banks and credit unions, which could erode market share and pressure margins. An economic slowdown in its primary markets of Illinois and Missouri could negatively impact loan demand and credit quality. Rising interest rates could also affect loan profitability and increase borrowing costs for customers. Furthermore, regulatory changes and cybersecurity threats pose ongoing challenges to the company's operations and financial performance, requiring continuous investment in compliance and security measures.
What are the key factors to evaluate for IROQ?
IF Bancorp, Inc. (IROQ) currently holds an AI score of 52/100, indicating moderate score. The stock trades at a P/E of 16.6x, below the S&P 500 average (~20-25x), potentially signaling value. Key strength: Strong local presence and brand reputation.. Primary risk to monitor: Potential: Economic slowdown in Illinois and Missouri impacting loan demand and credit quality.. This is not financial advice.
How frequently does IROQ data refresh on this page?
IROQ prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven IROQ's recent stock price performance?
Recent price movement in IF Bancorp, Inc. (IROQ) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Strong local presence and brand reputation.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Should investors consider IROQ overvalued or undervalued right now?
Determining whether IF Bancorp, Inc. (IROQ) is overvalued or undervalued requires examining multiple metrics. Its P/E ratio is 16.6. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.
What research should beginners do before buying IROQ?
Before investing in IF Bancorp, Inc. (IROQ), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on data available as of 2021-08-31. More current data may alter the analysis.
- Market size estimates are based on industry reports and may vary.