Pathfinder Bancorp
Market Cap
US$66.3m
Last Updated
2021/02/24 23:40 UTC
Data Sources
Company Financials
Executive Summary
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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Pathfinder Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PBHC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PBHC's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
5.6%
PBHC
6.3%
US Banks
-1.4%
US Market
1 Year Return
-1.3%
PBHC
16.5%
US Banks
37.1%
US Market
Return vs Industry: PBHC underperformed the US Banks industry which returned 12.4% over the past year.
Return vs Market: PBHC underperformed the US Market which returned 34.1% over the past year.
Shareholder returns
| PBHC | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.6% | 6.3% | -1.4% |
| 30 Day | 9.6% | 16.0% | 1.6% |
| 90 Day | 22.8% | 27.2% | 7.3% |
| 1 Year | 1.0%-1.3% | 20.8%16.5% | 40.2%37.1% |
| 3 Year | -1.2%-6.6% | 16.4%6.5% | 62.5%52.1% |
| 5 Year | 29.1%18.4% | 104.0%78.2% | 133.9%108.0% |
Long-Term Price Volatility Vs. Market
How volatile is Pathfinder Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
You Have To Love Pathfinder Bancorp, Inc.'s (NASDAQ:PBHC) Dividend2 months ago | Simply Wall St
Pathfinder Bancorp (NASDAQ:PBHC) Share Prices Have Dropped 29% In The Last Three Years3 months ago | Simply Wall St
How Does Pathfinder Bancorp, Inc. (NASDAQ:PBHC) Stand Up To These Simple Dividend Safety Checks?Valuation
Is Pathfinder Bancorp undervalued compared to its fair value and its price relative to the market?
12.15x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PBHC ($14.25) is trading above our estimate of fair value ($5.74)
Significantly Below Fair Value: PBHC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PBHC is good value based on its PE Ratio (12.1x) compared to the US Banks industry average (12.4x).
PE vs Market: PBHC is good value based on its PE Ratio (12.1x) compared to the US market (21.5x).
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 (0.7x) compared to the US Banks industry average (1x).
Next Steps
Future Growth
How is Pathfinder Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.6%
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.
Next Steps
- Examine whether Pathfinder Bancorp is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Banks industry.
Past Performance
How has Pathfinder Bancorp performed over the past 5 years?
10.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PBHC has high quality earnings.
Growing Profit Margin: PBHC's current net profit margins (16%) are higher than last year (11.5%).
Past Earnings Growth Analysis
Earnings Trend: PBHC's earnings have grown by 10.7% per year over the past 5 years.
Accelerating Growth: PBHC's earnings growth over the past year (50.7%) exceeds its 5-year average (10.7% per year).
Earnings vs Industry: PBHC earnings growth over the past year (50.7%) exceeded the Banks industry 0.5%.
Return on Equity
High ROE: PBHC's Return on Equity (7.4%) is considered low.
Next Steps
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 (12.7x) is moderate.
Allowance for Bad Loans: PBHC has a low allowance for bad loans (91%).
Low Risk Liabilities: 90% 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 (67%).
Low Risk Deposits: PBHC's Loans to Deposits ratio (81%) is appropriate.
Level of Bad Loans: PBHC has an appropriate level of bad loans (1.6%).
Next Steps
Dividend
What is Pathfinder Bancorp current dividend yield, its reliability and sustainability?
1.68%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PBHC's dividend (1.68%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: PBHC's dividend (1.68%) is low compared to the top 25% of dividend payers in the US market (3.75%).
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 (20.5%), 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?
5.5yrs
Average management tenure
CEO
Tom Schneider (58 yo)
21.08yrs
Tenure
US$551,756
Compensation
Mr. Thomas W. Schneider, also known as Tom, has been the Chief Executive Officer and President at Pathfinder Bancorp, Inc. and its subsidiary Pathfinder Bank. Mr. Schneider serves as the Chief Executive Of...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD551.76K) is about average for companies of similar size in the US market ($USD511.31K).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 21.08yrs | US$551.76k | 1.27% $ 842.9k | |
| Executive VP & COO | 3.92yrs | US$332.17k | 1% $ 666.5k | |
| Executive VP & Chief Banking Officer | no data | US$295.27k | 2.04% $ 1.4m | |
| Senior VP & CFO | 2.08yrs | no data | 1.11% $ 734.9k | |
| Senior VP & Chief Information Officer | 7.08yrs | no data | 0.39% $ 255.8k | |
| Senior VP | no data | US$119.82k | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Regional President of Syracuse Market & Human Resource Director at Pathfinder Bank | no data | no data | 0.69% $ 459.5k | |
| VP & Secretary | no data | no data | 0.33% $ 218.6k | |
| VP & Controller | 5.5yrs | no data | 0.24% $ 156.2k | |
| Vice President & Financial Analyst | no data | no data | no data |
5.5yrs
Average Tenure
57.5yo
Average Age
Experienced Management: PBHC's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 21.08yrs | US$551.76k | 1.27% $ 842.9k | |
| Independent Chairman of the Board | 7.08yrs | US$70.55k | 1.0% $ 662.6k | |
| Independent Director | 21.08yrs | US$45.54k | 2.79% $ 1.9m | |
| Independent Director | 15.58yrs | US$37.90k | 1.32% $ 874.6k | |
| Independent Director | 9.83yrs | US$35.40k | 1.73% $ 1.1m | |
| Independent Director | 4.75yrs | US$30.40k | 0.045% $ 30.1k | |
| Independent Director | 9.25yrs | US$40.88k | 0.76% $ 503.7k | |
| Independent Director | 8.92yrs | US$45.28k | 0.46% $ 306.6k | |
| Independent Director | 6.83yrs | US$38.43k | 0.71% $ 471.8k | |
| Independent Director | 6.83yrs | US$30.80k | 3.89% $ 2.6m |
9.1yrs
Average Tenure
57.5yo
Average Age
Experienced Board: PBHC's board of directors are considered experienced (9.1 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Pathfinder Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Pathfinder Bancorp, Inc.
- Ticker: PBHC
- Exchange: NasdaqCM
- Founded: 1859
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$66.350m
- Shares outstanding: 4.66m
- Website: https://www.pathfinderbank.com
Number of Employees
Location
- Pathfinder Bancorp, Inc.
- 214 West First Street
- Oswego
- New York
- 13126
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PBHC | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Nov 1995 |
Biography
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...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/24 23:40 |
| End of Day Share Price | 2021/02/22 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.