PB Bancorp, Inc. operates as the holding company of Putnam Bank that provides various banking products and services to individuals and small business customers primarily in Connecticut.
No risks detected for PBBI from our risk checks.
Excellent balance sheet with questionable track record.
Share Price & News
How has PB Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PBBI has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PBBI exceeded the US Mortgage industry which returned -25.4% over the past year.
Return vs Market: PBBI exceeded the US Market which returned -10.4% over the past year.
Price Volatility Vs. Market
How volatile is PB Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall StPB Bancorp, Inc. (NASDAQ:PBBI) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
5 months ago | Simply Wall StDon't Sell PB Bancorp, Inc. (NASDAQ:PBBI) Before You Read This
6 months ago | Simply Wall StHere's Why We Think PB Bancorp (NASDAQ:PBBI) Is Well Worth Watching
Is PB Bancorp undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PBBI ($14.53) is trading above our estimate of fair value ($4.32)
Significantly Below Fair Value: PBBI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PBBI is poor value based on its PE Ratio (27.8x) compared to the Mortgage industry average (10.6x).
PE vs Market: PBBI is poor value based on its PE Ratio (27.8x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PBBI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PBBI is overvalued based on its PB Ratio (1.2x) compared to the US Mortgage industry average (0.8x).
How is PB Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as PB Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has PB Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PBBI has high quality earnings.
Growing Profit Margin: PBBI's current net profit margins (21.2%) are lower than last year (23.7%).
Past Earnings Growth Analysis
Earnings Trend: PBBI's earnings have grown significantly by 38.4% per year over the past 5 years.
Accelerating Growth: PBBI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PBBI had negative earnings growth (-12.8%) over the past year, making it difficult to compare to the Mortgage industry average (11.1%).
Return on Equity
High ROE: PBBI's Return on Equity (4.3%) is considered low.
How is PB Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: PBBI has a low level of unsold assets or inventory.
Debt Coverage by Assets: PBBI's debt is not covered by short term assets (assets are 0.8x debt).
Financial Institutions Analysis
Asset Level: PBBI's level of assets compared to its equity is low.
Allowance for Bad Loans: PBBI has a low allowance for bad loans.
Low Risk Liabilities: PBBI's liabilities are made up of primarily low risk sources of funding.
Loan Level: PBBI has an acceptable proportion of non-loan assets held.
Low Risk Deposits: PBBI's loans are broadly funded by customer deposits.
Level of Bad Loans: PBBI has an appropriate level of bad loans (1.03%)
What is PB Bancorp's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PBBI's dividend (1.93%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: PBBI's dividend (1.93%) is low compared to the top 25% of dividend payers in the US market (5.4%).
Stability and Growth of Payments
Stable Dividend: PBBI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PBBI's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.5%), PBBI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Borner (65yo)
Mr. Thomas A. Borner, also known as Tom, has been Chief Executive Officer of Putnam Bank (formerly Putnam Savings Bank), a subsidiary of c since June 2006 and as its President since August 1, 2012. Mr. Bor ...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD459.17K) is about average for companies of similar size in the US market ($USD602.37K).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
|Executive VP||13.67yrs||US$290.64k||0.59% $622.4k|
|Senior Vice President of Commercial Lending for Putnam Savings Bank||20.25yrs||no data||no data|
|SVP & Chief Commercial Business Development Officer||no data||no data||no data|
|Senior VP & Senior Retail Loan Officer of Putnam Bank||25.25yrs||US$115.74k||no data|
|Senior Vice President of Putnam Bank||no data||no data||no data|
Experienced Management: PBBI's management team is seasoned and experienced (18.2 years average tenure).
|Executive VP||13.67yrs||US$290.64k||0.59% $622.4k|
|Independent Vice Chairman of the Board||3.25yrs||US$28.70k||0.49% $515.7k|
|Independent Chairman of the Board||8.25yrs||US$38.24k||1.87% $2.0m|
|Independent Director||18.25yrs||US$28.16k||0.78% $820.7k|
|Independent Director||27.25yrs||US$30.99k||0.94% $985.3k|
|Independent Director||13.67yrs||US$27.95k||1.77% $1.9m|
Experienced Board: PBBI's board of directors are seasoned and experienced ( 13.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PB Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: PB Bancorp, Inc.
- Ticker: PBBI
- Exchange: NasdaqCM
- Founded: 1862
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$105.192m
- Shares outstanding: 7.06m
- Website: https://www.putnambank.com
Number of Employees
- PB Bancorp, Inc.
- 40 Main Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PBBI||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Jan 2016|
PB Bancorp, Inc. operates as the holding company of Putnam Bank that provides various banking products and services to individuals and small business customers primarily in Connecticut. It offers a range of deposits, including checking, savings, and money market deposit accounts, as well as negotiable order of withdrawal accounts and fixed-term certificates of deposit. The company’s loan portfolio comprises residential real estate loans, including one-to four-family mortgage loans, residential construction loans, second mortgage loans, and home equity lines of credit; commercial real estate loans comprising multi-family real estate loans; commercial loans, such as term loans and revolving lines of credit; and consumer and other loans. In addition, it invests in securities. As of October 4, 2019, it operated through its eight full-service offices and a full-service loan center in Putnam, Connecticut. The company was founded in 1862 and is headquartered in Putnam, Connecticut.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 07:46|
|End of Day Share Price||2020/03/31 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.