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PB Bancorp

Nasdaq:PBBI
Snowflake Description

Excellent balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PBBI
Nasdaq
$81M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

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. The last earnings update was 70 days ago. More info.


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PBBI Share Price and Events
7 Day Returns
0.5%
NasdaqCM:PBBI
-0.8%
US Mortgage
-1.2%
US Market
1 Year Returns
-0.9%
NasdaqCM:PBBI
-0.1%
US Mortgage
3.3%
US Market
PBBI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
PB Bancorp (PBBI) 0.5% 1.7% 3.7% -0.9% 34.2% -
US Mortgage -0.8% 1.7% 0.7% -0.1% 31.8% 43.7%
US Market -1.2% 0.8% 0.9% 3.3% 35.9% 41.7%
1 Year Return vs Industry and Market
  • PBBI matched the Mortgage industry (-0.1%) over the past year.
  • PBBI underperformed the Market in United States of America which returned 3.3% over the past year.
Price Volatility
PBBI
Industry
5yr Volatility vs Market

PBBI Value

 Is PB Bancorp undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of PB Bancorp to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for PB Bancorp.

NasdaqCM:PBBI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $11.50 * 2.9%
$0.34
Book Value of Equity per Share Median Book Value from the past 5 years. $11.50
Discount Rate (Cost of Equity) See below 10.2%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:PBBI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Mortgage Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.858 (1 + (1- 21%) (78.08%))
1.259
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.26
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.259 * 5.96%)
10.23%

Discounted Cash Flow Calculation for NasdaqCM:PBBI using Excess Returns Model Model

The calculations below outline how an intrinsic value for PB Bancorp is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqCM:PBBI Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (2.9% – 10.23%) * $11.50)
$-0.84
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-0.84 / (10.23% - 2.73%)
$-11.20
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $11.50 + $-11.20
$0.31
NasdaqCM:PBBI Discount to Share Price
Calculation Result
Value per share (USD) From above. $0.31
Current discount Discount to share price of $11.45
= -1 x ($11.45 - $0.31) / $0.31
-3634.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of PB Bancorp is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for PB Bancorp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are PB Bancorp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:PBBI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.59
NasdaqCM:PBBI Share Price ** NasdaqCM (2019-07-22) in USD $11.45
United States of America Mortgage Industry PE Ratio Median Figure of 129 Publicly-Listed Mortgage Companies 14.44x
United States of America Market PE Ratio Median Figure of 3,082 Publicly-Listed Companies 17.86x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of PB Bancorp.

NasdaqCM:PBBI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:PBBI Share Price ÷ EPS (both in USD)

= 11.45 ÷ 0.59

19.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PB Bancorp is overvalued based on earnings compared to the US Mortgage industry average.
  • PB Bancorp is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does PB Bancorp's expected growth come at a high price?
Raw Data
NasdaqCM:PBBI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.46x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
14.1%per year
United States of America Mortgage Industry PEG Ratio Median Figure of 50 Publicly-Listed Mortgage Companies 1.3x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for PB Bancorp, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on PB Bancorp's assets?
Raw Data
NasdaqCM:PBBI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $11.97
NasdaqCM:PBBI Share Price * NasdaqCM (2019-07-22) in USD $11.45
United States of America Mortgage Industry PB Ratio Median Figure of 145 Publicly-Listed Mortgage Companies 1.13x
United States of America Market PB Ratio Median Figure of 5,248 Publicly-Listed Companies 1.79x
NasdaqCM:PBBI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:PBBI Share Price ÷ Book Value per Share (both in USD)

= 11.45 ÷ 11.97

0.96x

* Primary Listing of PB Bancorp.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PB Bancorp is good value based on assets compared to the US Mortgage industry average.
X
Value checks
We assess PB Bancorp's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Mortgage industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Mortgage industry average (and greater than 0)? (1 check)
  5. PB Bancorp has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PBBI Future Performance

 How is PB Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover PB Bancorp, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is PB Bancorp expected to grow at an attractive rate?
  • PB Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • PB Bancorp's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare PB Bancorp's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:PBBI Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:PBBI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 14.1%
United States of America Mortgage Industry Earnings Growth Rate Market Cap Weighted Average 10.9%
United States of America Mortgage Industry Revenue Growth Rate Market Cap Weighted Average 4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:PBBI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:PBBI Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 18 6 4
2018-12-31 18 5 4
2018-09-30 18 5 4
2018-06-30 16 5 3
2018-03-31 16 5 3
2017-12-31 15 5 3
2017-09-30 15 6 2
2017-06-30 14 4 2
2017-03-31 14 4 2
2016-12-31 13 5 2
2016-09-30 13 3 1
2016-06-30 13 4 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • PB Bancorp's earnings are expected to grow by 14.1% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if PB Bancorp is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:PBBI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from PB Bancorp Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:PBBI Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.59
2018-12-31 0.59
2018-09-30 0.54
2018-06-30 0.43
2018-03-31 0.40
2017-12-31 0.35
2017-09-30 0.33
2017-06-30 0.31
2017-03-31 0.26
2016-12-31 0.21
2016-09-30 0.12
2016-06-30 0.12

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if PB Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess PB Bancorp's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
PB Bancorp has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PBBI Past Performance

  How has PB Bancorp performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare PB Bancorp's growth in the last year to its industry (Mortgage).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • PB Bancorp has delivered over 20% year on year earnings growth in the past 5 years.
  • PB Bancorp's 1-year earnings growth exceeds its 5-year average (44.9% vs 39.2%)
  • PB Bancorp's earnings growth has exceeded the US Mortgage industry average in the past year (44.9% vs 38.5%).
Earnings and Revenue History
PB Bancorp's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from PB Bancorp Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:PBBI Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 17.98 4.22 11.05
2018-12-31 17.88 4.24 10.93
2018-09-30 17.63 3.94 10.83
2018-06-30 16.47 3.13 10.66
2018-03-31 15.89 2.91 10.49
2017-12-31 15.43 2.58 10.38
2017-09-30 14.64 2.48 10.29
2017-06-30 14.22 2.32 10.08
2017-03-31 13.73 1.91 9.82
2016-12-31 13.20 1.58 9.66
2016-09-30 12.61 0.92 9.46
2016-06-30 12.59 0.90 9.38
2016-03-31 12.63 1.17 9.22
2015-12-31 11.82 0.55 9.14
2015-09-30 11.97 0.65 9.13
2015-06-30 11.79 0.55 9.12
2015-03-31 11.69 0.45 9.06
2014-12-31 12.35 0.95 8.95
2014-09-30 12.47 1.06 8.84
2014-06-30 12.34 1.00 8.73
2014-03-31 12.20 1.06 8.56
2013-12-31 12.14 1.14 8.49
2013-09-30 11.79 1.08 8.41
2013-06-30 12.05 1.34 8.38
2013-03-31 11.71 1.14 8.17
2012-12-31 11.41 0.92 8.17
2012-09-30 11.52 0.75 8.35

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • PB Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • PB Bancorp used its assets less efficiently than the US Mortgage industry average last year based on Return on Assets.
  • Unable to establish if PB Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess PB Bancorp's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Mortgage industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
PB Bancorp has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PBBI Health

 How is PB Bancorp's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of PB Bancorp's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from PB Bancorp Company Filings, last reported 3 months ago.

NasdaqCM:PBBI Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 84.30 62.95 15.58
2018-12-31 83.29 65.48 5.33
2018-09-30 85.28 63.71 16.73
2018-06-30 84.29 63.86 9.80
2018-03-31 84.00 71.47 9.51
2017-12-31 84.84 82.60 14.55
2017-09-30 84.51 77.38 4.64
2017-06-30 84.54 68.58 9.77
2017-03-31 84.05 62.05 5.01
2016-12-31 85.61 65.23 10.33
2016-09-30 85.46 58.97 13.95
2016-06-30 85.09 56.26 4.73
2016-03-31 84.68 54.92 9.10
2015-12-31 51.57 57.41 36.95
2015-09-30 51.98 60.84 4.71
2015-06-30 51.74 59.54 4.90
2015-03-31 51.53 69.85 22.46
2014-12-31 51.82 72.77 18.08
2014-09-30 51.87 67.76 12.27
2014-06-30 51.45 57.68 6.91
2014-03-31 50.83 61.46 8.35
2013-12-31 50.21 63.63 12.04
2013-09-30 50.37 62.43 7.45
2013-06-30 50.08 58.35 12.37
2013-03-31 51.22 59.95 14.53
2012-12-31 49.96 58.42 8.50
2012-09-30 49.67 59.72 4.33
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • PB Bancorp has an acceptable proportion of non-loan assets held.
  • PB Bancorp's liabilities are made up of primarily low risk sources of funding.
  • Loans at PB Bancorp are broadly funded by customer deposits.
  • PB Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • PB Bancorp has a low allowance for bad loans.
  • PB Bancorp has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess PB Bancorp's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. PB Bancorp has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PBBI Dividends

 What is PB Bancorp's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.45%
Current annual income from PB Bancorp dividends.
If you bought $2,000 of PB Bancorp shares you are expected to receive $49 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • PB Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • PB Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.78%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:PBBI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Mortgage Industry Average Dividend Yield Market Cap Weighted Average of 95 Stocks 3.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:PBBI Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-05 0.280 2.481
2019-01-03 0.280 2.507
2018-10-04 0.280 2.532
2018-07-13 0.240 2.048
2018-04-19 0.240 2.223
2018-01-04 0.200 1.919
2017-10-05 0.200 1.891
2017-09-25 0.160 1.497
2016-09-27 0.114 1.139
2016-07-07 0.120 1.404
2016-04-07 0.100 1.174

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • PB Bancorp has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but PB Bancorp only paid a dividend in the past 3 years.
Current Payout to shareholders
What portion of PB Bancorp's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess PB Bancorp's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can PB Bancorp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. PB Bancorp has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PBBI Management

 What is the CEO of PB Bancorp's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tom Borner
COMPENSATION $445,184
AGE 65
TENURE AS CEO 13.5 years
CEO Bio

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. Borner has been the Chief Executive Officer of PB Bancorp, Inc. (formerly, PSB Holdings Inc.) since January 2006 and as its President since August 1, 2012. He has been Director of PB Bancorp, Inc. He has been Of Counsel to the law firm of Borner, Aleman and Davis, LLC since October 2005. He has been an Executive Director of Putnam Bank since 1987. He served as an Interim Chief Executive Officer of Putnam Bank (known as Putnam Savings Bank) from 1999 to 2000. Prior to October 2005, Mr. Borner served as "of counsel" to the law firm of Borner Scola Hill Baruti Vancini & Smith, located in Putnam, Connecticut. Mr. Borner served as an Executive Chairman of Putnam Bank from 1992 to August 1, 2012. He served as Vice Chairman at PB Bancorp, Inc. since August 1, 2012 and served as its Executive Chairman from 1992 to August 1, 2012. He serves as Vice Chairman of Putnam Bank. Mr. Borner serves as Director of the Quinebaug Valley Community College Foundation. As a member of the Board of Corporators of Day Kimball Hospital, he has served as Chairpersons of the Hospital's Annual Giving Appeal, helping to raise over $1.5 million. Mr. Borner serves as a Director of Woodstock Agricultural Society. He served as the President of the Putnam Area Industrial Corporation. He served as a Member of advisory Board at the John Dempsey Regional Center in Putnam. He is admitted to practice law in all Federal and State Courts in Connecticut and Massachusetts. Mr. Borner received his Bachelor's Degree from the University of Connecticut in 1976 and his Juris Doctorate Degree from the University of Connecticut School of Law in 1979.

CEO Compensation
  • Tom's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Tom's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the PB Bancorp management team in years:

17.5
Average Tenure
65
Average Age
  • The average tenure for the PB Bancorp management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Tom Borner

TITLE
President
COMPENSATION
$445K
AGE
65
TENURE
13.5 yrs

Bob Halloran

TITLE
Executive VP
COMPENSATION
$286K
AGE
65
TENURE
15.5 yrs

Anthony Serio

TITLE
Senior Vice President of Commercial Lending for Putnam Savings Bank
AGE
72
TENURE
19.5 yrs

Robert Trivella

TITLE
SVP & Chief Commercial Business Development Officer

John LaFountain

TITLE
Senior VP & Senior Retail Loan Officer of Putnam Bank
COMPENSATION
$116K
AGE
60
TENURE
24.5 yrs

Lynn Bourque

TITLE
Senior Vice President of Putnam Bank
AGE
66
Board of Directors Tenure

Average tenure and age of the PB Bancorp board of directors in years:

12.9
Average Tenure
65.5
Average Age
  • The average tenure for the PB Bancorp board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Charles Puffer

TITLE
Chairman of the Board
COMPENSATION
$36K
AGE
68
TENURE
7.5 yrs

Tom Borner

TITLE
President
COMPENSATION
$445K
AGE
65
TENURE
16.5 yrs

John Miller

TITLE
Vice Chairman of the Board
COMPENSATION
$29K
AGE
61
TENURE
2.5 yrs

Bob Halloran

TITLE
Executive VP
COMPENSATION
$286K
AGE
65
TENURE
12.9 yrs

Richard Loomis

TITLE
Director
COMPENSATION
$27K
AGE
61

Paul Kelly

TITLE
Director
COMPENSATION
$29K
AGE
68
TENURE
15.5 yrs

Charles Bentley

TITLE
Director
COMPENSATION
$28K
AGE
66
TENURE
12.9 yrs

Jay Sinha

TITLE
Director
COMPENSATION
$28K
AGE
70
TENURE
12.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
27. Dec 18 Buy Jitendra Sinha Individual 26. Dec 18 26. Dec 18 3,500 $10.50 $36,750
13. Dec 18 Buy Charles Puffer Individual 12. Dec 18 12. Dec 18 4,439 $10.95 $48,607
12. Dec 18 Buy Jitendra Sinha Individual 11. Dec 18 11. Dec 18 5,000 $11.06 $55,268
X
Management checks
We assess PB Bancorp's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. PB Bancorp has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PBBI News

Simply Wall St News

Be Sure To Check Out PB Bancorp, Inc. (NASDAQ:PBBI) Before It Goes Ex-Dividend

PB Bancorp's next dividend payment will be US$0.07 per share, and in the last 12 months, the company paid a total of US$0.28 per share. … View our latest analysis for PB Bancorp Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. … When a company paid out less in dividends than it earned in profit, this generally suggests its dividend is affordable.

Simply Wall St -

Can You Imagine How PB Bancorp's (NASDAQ:PBBI) Shareholders Feel About The 40% Share Price Increase?

(NASDAQ:PBBI) share price has gained 40% in three years, which is better than the average market return. … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … During three years of share price growth, PB Bancorp achieved compound earnings per share growth of 57% per year.

Simply Wall St -

What Kind Of Shareholder Appears On The PB Bancorp, Inc.'s (NASDAQ:PBBI) Shareholder Register?

As Charlie Munger said 'Show me the incentive and I will show you the outcome.' With a market capitalization of US$81m, PB Bancorp is a small cap stock, so it might not be well known by many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that institutional investors have bought into the company. … It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time.

Simply Wall St -

Should We Worry About PB Bancorp, Inc.'s (NASDAQ:PBBI) P/E Ratio?

See our latest analysis for PB Bancorp How Do I Calculate A Price To Earnings Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for PB Bancorp: P/E of 19.48 = $11.46 ÷ $0.59 (Based on the trailing twelve months to March 2019.) Is A High Price-to-Earnings Ratio Good? … The higher the P/E ratio, the higher the price tag of a business, relative to its trailing earnings.

Simply Wall St -

Is PB Bancorp, Inc. (NASDAQ:PBBI) An Attractive Dividend Stock?

(NASDAQ:PBBI) a good dividend stock? … Yet sometimes, investors buy a stock for its dividend and lose money because the share price falls by more than they earned in dividend payments. … With only a three-year payment history, and a 2.5% yield, investors probably think PB Bancorp is not much of a dividend stock.

Simply Wall St -

If You Like EPS Growth Then Check Out PB Bancorp (NASDAQ:PBBI) Before It's Too Late

Over the last three years, PB Bancorp has grown earnings per share (EPS) like bamboo after rain; fast, and from a low base. … I like to take a look at earnings before interest and (EBIT) tax margins, as well as revenue growth, to get another take on the quality of the company's growth. … While we note PB Bancorp's EBIT margins were flat over the last year, revenue grew by a solid 16% to US$18m.

Simply Wall St -

Does PB Bancorp, Inc.'s (NASDAQ:PBBI) CEO Pay Matter?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Tom Borner's Compensation Compare With Similar Sized Companies. … We looked at a group of companies with market capitalizations under US$200m, and the median CEO total compensation was US$424k.

Simply Wall St -

If You Had Bought PB Bancorp (NASDAQ:PBBI) Shares Three Years Ago You'd Have Made 37%

(NASDAQ:PBBI) share price is up 37% in the last three years, that falls short of the market return. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … PB Bancorp was able to grow its EPS at 101% per year over three years, sending the share price higher.

Simply Wall St -

What Type Of Shareholder Owns PB Bancorp, Inc.'s (NASDAQ:PBBI)?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … PB Bancorp is a smaller company with a market capitalization of US$79m, so it may still be flying under the radar of many institutional investors. … institutional investors have bought into the company.

Simply Wall St -

Who Has Been Buying PB Bancorp, Inc. (NASDAQ:PBBI) Shares?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So shareholders might well want to know whether insiders have been buying or selling shares in PB Bancorp, Inc. … It is perfectly legal for company insiders, including board members, to buy and sell stock in a company.

Simply Wall St -

PBBI Company Info

Description

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, 2018, PB Bancorp, Inc. operated through its eight full-service offices and a full-service loan center in Putnam, Connecticut. It also operates through a special needs limited branch and limited services mobile office. The company was founded in 1862 and is headquartered in Putnam, Connecticut.

Details
Name: PB Bancorp, Inc.
PBBI
Exchange: NasdaqCM
Founded: 1862
$80,628,793
7,041,816
Website: http://www.putnambank.com
Address: PB Bancorp, Inc.
40 Main Street,
Putnam,
Connecticut, 06260,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM PBBI Common Stock Nasdaq Capital Market US USD 08. Jan 2016
Number of employees
Current staff
Staff numbers
97
PB Bancorp employees.
Industry
Thrifts and Mortgage Finance
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/23 00:54
End of day share price update: 2019/07/22 00:00
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.