BankGuam Holding Company BKGM Stock Analysis

About BankGuam Holding Company

BankGuam Holding Company operates as the bank holding company for the Bank of Guam that provides various banking products and services to consumers, businesses, and governments. It accepts various deposit products, including demand deposits, savings and time certificate accounts, checking accounts, interest-bearing transaction accounts, time deposits, and retirement accounts for retail and business banking markets. The company also offers commercial loans, which include loans to governments primarily in commercial real estate, hotels, and gas stations, as well as in working capital and equipment financing; industrial, commercial and residential real estate, construction, and small business administration-guaranteed loans; home mortgage and home equity loans; and consumer loans for financing automobiles, various consumer goods, and other personal purposes. In addition, it provides trade financing, trust, and retail investment services; wealth management services; and credit life, health, auto, and homeowners insurance services through various agency arrangements. Further, the company offers wire and automated clearing house transfers, cashier’s and traveler’s checks, corporate and consumer credit cards, bank-by-mail, ATMs, night depositories, safe deposit boxes, direct deposit, electronic funds transfers, online banking and bill payments, merchant services, check imaging, and other customary banking services. It operates 12 branches in Guam; 4 branches in the Commonwealth of the Northern Mariana; 4 branches in the Federated States of Micronesia; 1 branch in the Republic of the Marshall Islands; 1 branch in the Republic of Palau; and 1 branch in San Francisco, California. The company was founded in 1972 and is headquartered in Hagåtña, Guam.