Prudential Bancorp, Inc. operates as the bank holding company for Prudential Bank that provides various banking products or services. More Details
Excellent balance sheet with proven track record.
Share Price & News
How has Prudential Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PBIP has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PBIP underperformed the US Mortgage industry which returned -18.5% over the past year.
Return vs Market: PBIP underperformed the US Market which returned 19.5% over the past year.
Price Volatility Vs. Market
How volatile is Prudential Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StPrudential Bancorp's (NASDAQ:PBIP) Shareholders Are Down 46% On Their Shares
1 month ago | Simply Wall StBe Sure To Check Out Prudential Bancorp, Inc. (NASDAQ:PBIP) Before It Goes Ex-Dividend
2 months ago | Simply Wall StWhy Prudential Bancorp's (NASDAQ:PBIP) CEO Pay Matters
Is Prudential 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: PBIP ($11.11) is trading above our estimate of fair value ($5.65)
Significantly Below Fair Value: PBIP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PBIP is good value based on its PE Ratio (8.3x) compared to the US Mortgage industry average (11.1x).
PE vs Market: PBIP is good value based on its PE Ratio (8.3x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PBIP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PBIP is good value based on its PB Ratio (0.7x) compared to the US Mortgage industry average (0.8x).
How is Prudential 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 Prudential 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 Prudential Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PBIP has high quality earnings.
Growing Profit Margin: PBIP's current net profit margins (38.1%) are higher than last year (34.5%).
Past Earnings Growth Analysis
Earnings Trend: PBIP's earnings have grown significantly by 41.3% per year over the past 5 years.
Accelerating Growth: PBIP's earnings growth over the past year (23.6%) is below its 5-year average (41.3% per year).
Earnings vs Industry: PBIP earnings growth over the past year (23.6%) exceeded the Mortgage industry 5.3%.
Return on Equity
High ROE: PBIP's Return on Equity (9%) is considered low.
How is Prudential Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: PBIP's Assets to Equity ratio (9.3x) is low.
Allowance for Bad Loans: PBIP has a low allowance for bad loans (51%).
Low Risk Liabilities: 69% of PBIP's liabilities are made up of primarily low risk sources of funding.
Loan Level: PBIP has an appropriate level of Loans to Assets ratio (49%).
Low Risk Deposits: PBIP's Loans to Deposits ratio (80%) is appropriate.
Level of Bad Loans: PBIP has an appropriate level of bad loans (1.9%).
What is Prudential Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PBIP's dividend (2.52%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: PBIP's dividend (2.52%) is low compared to the top 25% of dividend payers in the US market (4.66%).
Stability and Growth of Payments
Stable Dividend: PBIP's dividend payments have been volatile in the past 10 years.
Growing Dividend: PBIP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.5%), PBIP'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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dennis Pollack (70 yo)
Mr. Dennis Pollack has been the Chief Executive Officer and President of Prudential Bank and Prudential Bancorp, Inc. since May 1, 2016. Mr. Pollack served as Chief Executive Officer at Presilient, LLC unt ...
CEO Compensation Analysis
Compensation vs Market: Dennis's total compensation ($USD711.38K) is about average for companies of similar size in the US market ($USD585.94K).
Compensation vs Earnings: Dennis's compensation has been consistent with company performance over the past year.
|Senior VP||5.25yrs||US$214.01k||0.44% |
|Assistant VP & Director of Human Resources - Prudential Savings Bank||no data||no data||no data|
|Senior VP||no data||no data||no data|
|Chief Credit Officer & Senior VP||4.08yrs||no data||no data|
|VP & Controller||2.92yrs||no data||no data|
|Assistant Secretary of Prudential Savings Bank||no data||no data||no data|
|Senior VP & Chief Lending Officer||3.75yrs||US$349.07k||0.032% |
Experienced Management: PBIP's management team is considered experienced (4.1 years average tenure).
|Chairman Emeritus||7.83yrs||US$142.79k||no data|
|Director Emeritus||12.25yrs||US$79.25k||no data|
|Independent Director||15.08yrs||US$63.15k||0.42% |
|Director||0.17yr||no data||0.31% |
|Independent Director||11.25yrs||US$58.15k||0.48% |
|Independent Chairman of the Board||4.83yrs||US$88.15k||0.49% |
Experienced Board: PBIP's board of directors are considered experienced (7.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PBIP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Prudential Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Prudential Bancorp, Inc.
- Ticker: PBIP
- Exchange: NasdaqGM
- Founded: 1886
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$90.513m
- Shares outstanding: 8.15m
- Website: https://www.psbanker.com
Number of Employees
- Prudential Bancorp, Inc.
- 1834 West Oregon Avenue
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PBIP||NasdaqGM (Nasdaq Global Market)||Yes||New Common Stock||US||USD||Mar 2005|
Prudential Bancorp, Inc. operates as the bank holding company for Prudential Bank that provides various banking products or services. The company accepts interest-bearing and non-interest-bearing checking, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 23:53|
|End of Day Share Price||2020/10/19 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.