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PBHC

Pathfinder BancorpNasdaqCM:PBHC Stock Report

Last Price

US$17.25

Market Cap

US$101.6m

7D

0.3%

1Y

32.2%

Updated

19 Jan, 2022

Data

Company Financials
PBHC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

PBHC Stock Overview

Pathfinder Bancorp, Inc. operates as a holding company for Pathfinder Bank that provides various banking and financial products and services primarily in Oswego and Onondaga Counties, New York.

Pathfinder Bancorp Competitors

Brookline Bancorp

NasdaqGS:BRKL

US$1.3b

First Commerce Bank

OTCPK:CMRB

US$136.4m

FNB Bancorp

OTCPK:FBIP

US$101.5m

Meridian Bancorp

NasdaqGS:EBSB

US$1.2b

Price History & Performance

Summary of all time highs, changes and price drops for Pathfinder Bancorp
Historical stock prices
Current Share PriceUS$17.25
52 Week HighUS$17.39
52 Week LowUS$11.36
Beta0.079
1 Month Change1.23%
3 Month Change4.86%
1 Year Change32.18%
3 Year Change19.79%
5 Year Change27.97%
Change since IPO394.16%

Recent News & Updates

Shareholder Returns

PBHCUS BanksUS Market
7D0.3%-5.8%-4.6%
1Y32.2%28.1%7.7%

Return vs Industry: PBHC exceeded the US Banks industry which returned 29.3% over the past year.

Return vs Market: PBHC exceeded the US Market which returned 10.2% over the past year.

Price Volatility

Is PBHC's price volatile compared to industry and market?
PBHC volatility
PBHC Average Weekly Movement2.6%
Banks Industry Average Movement3.8%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: PBHC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: PBHC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1859163Tom Schneiderhttps://www.pathfinderbank.com

Pathfinder Bancorp, Inc. operates as a holding company for Pathfinder Bank that provides various banking and financial products and services primarily in Oswego and Onondaga Counties, New York. The company accepts various deposits, including checking, savings, and money market deposit accounts, as well as certificates of deposit, and demand and time deposits. Its loan portfolio comprises commercial real estate loans; commercial loans; residential real estate and construction loans; tax-exempt loans; home equity loans and junior liens; municipal loans; and consumer loans comprising automobile, recreational vehicles, and unsecured personal loans, as well as unsecured lines of credit and loans secured by deposit accounts.

Pathfinder Bancorp Fundamentals Summary

How do Pathfinder Bancorp's earnings and revenue compare to its market cap?
PBHC fundamental statistics
Market CapUS$101.61m
Earnings (TTM)US$7.86m
Revenue (TTM)US$40.15m

12.9x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PBHC income statement (TTM)
RevenueUS$40.15m
Cost of RevenueUS$0
Gross ProfitUS$40.15m
ExpensesUS$32.28m
EarningsUS$7.86m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.33
Gross Margin100.00%
Net Profit Margin19.58%
Debt/Equity Ratio90.6%

How did PBHC perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

17%

Payout Ratio

Valuation

Is Pathfinder Bancorp undervalued compared to its fair value and its price relative to the market?

12.92x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PBHC ($17.25) is trading above our estimate of fair value ($14.75)

Significantly Below Fair Value: PBHC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PBHC is poor value based on its PE Ratio (12.9x) compared to the US Banks industry average (11.2x).

PE vs Market: PBHC is good value based on its PE Ratio (12.9x) compared to the US market (17x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PBHC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PBHC is good value based on its PB Ratio (1x) compared to the US Banks industry average (1.2x).


Future Growth

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

1.8%

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 Pathfinder 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.


Past Performance

How has Pathfinder Bancorp performed over the past 5 years?

15.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PBHC has high quality earnings.

Growing Profit Margin: PBHC's current net profit margins (19.6%) are higher than last year (16.4%).


Past Earnings Growth Analysis

Earnings Trend: PBHC's earnings have grown by 15.8% per year over the past 5 years.

Accelerating Growth: PBHC's earnings growth over the past year (44.7%) exceeds its 5-year average (15.8% per year).

Earnings vs Industry: PBHC earnings growth over the past year (44.7%) exceeded the Banks industry 43.7%.


Return on Equity

High ROE: PBHC's Return on Equity (9.9%) is considered low.


Financial Health

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


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: PBHC's Assets to Equity ratio (11.8x) is moderate.

Allowance for Bad Loans: PBHC has a sufficient allowance for bad loans (160%).

Low Risk Liabilities: 91% of PBHC's liabilities are made up of primarily low risk sources of funding.

Loan Level: PBHC has an appropriate level of Loans to Assets ratio (61%).

Low Risk Deposits: PBHC's Loans to Deposits ratio (74%) is appropriate.

Level of Bad Loans: PBHC has an appropriate level of bad loans (1.1%).


Dividend

What is Pathfinder Bancorp current dividend yield, its reliability and sustainability?

1.62%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PBHC's dividend (1.62%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: PBHC's dividend (1.62%) is low compared to the top 25% of dividend payers in the US market (3.48%).


Stability and Growth of Payments

Stable Dividend: PBHC's dividends per share have been stable in the past 10 years.

Growing Dividend: PBHC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16.8%), PBHC's dividend payments are well 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.4yrs

Average management tenure


CEO

Tom Schneider (59 yo)

22yrs

Tenure

US$564,106

Compensation

Mr. Thomas W. Schneider, also known as Tom, has been the Chief Executive Officer and President at Pathfinder Bancorp, Inc. and its subsidiary Pathfinder Bank. He has been a Treasurer of New York Bankers As...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD564.11K) is about average for companies of similar size in the US market ($USD579.29K).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PBHC's management team is seasoned and experienced (6.4 years average tenure).


Board Members

Experienced Board: PBHC's board of directors are seasoned and experienced ( 10.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: PBHC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.5%.


Top Shareholders

Company Information

Pathfinder Bancorp, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Pathfinder Bancorp, Inc.
  • Ticker: PBHC
  • Exchange: NasdaqCM
  • Founded: 1859
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$101.605m
  • Shares outstanding: 5.89m
  • Website: https://www.pathfinderbank.com

Number of Employees


Location

  • Pathfinder Bancorp, Inc.
  • 214 West First Street
  • Oswego
  • New York
  • 13126
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 23:36
End of Day Share Price2022/01/19 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.