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PBIP

Prudential Bancorp NasdaqGM:PBIP Stock Report

Last Price

US$15.31

Market Cap

US$119.1m

7D

1.6%

1Y

10.1%

Updated

28 Jun, 2022

Data

Company Financials +
PBIP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health6/6
Dividends1/6

PBIP Stock Overview

Prudential Bancorp, Inc. operates as the bank holding company for Prudential Bank that provides various banking products or services.

Prudential Bancorp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Prudential Bancorp
Historical stock prices
Current Share PriceUS$15.31
52 Week HighUS$17.43
52 Week LowUS$13.25
Beta0.084
1 Month Change-4.37%
3 Month Change-7.21%
1 Year Change10.14%
3 Year Change-16.34%
5 Year Change-16.52%
Change since IPO46.76%

Recent News & Updates

Shareholder Returns

PBIPUS MortgageUS Market
7D1.6%4.2%1.7%
1Y10.1%-37.7%-20.4%

Return vs Industry: PBIP exceeded the US Mortgage industry which returned -37.1% over the past year.

Return vs Market: PBIP exceeded the US Market which returned -18.8% over the past year.

Price Volatility

Is PBIP's price volatile compared to industry and market?
PBIP volatility
PBIP Average Weekly Movement3.0%
Mortgage Industry Average Movement3.7%
Market Average Movement8.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.2%

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

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

About the Company

FoundedEmployeesCEOWebsite
188689Dennis Pollackhttps://www.psbanker.com

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, money market, savings, and certificates of deposit accounts. Its loan portfolio comprises single-family residential mortgage loans, construction and land development loans, non-residential or commercial real estate mortgage loans, home equity loans and lines of credit, and commercial business loans, as well as consumer loans, such as loans secured by deposit accounts and unsecured personal loans.

Prudential Bancorp Fundamentals Summary

How do Prudential Bancorp's earnings and revenue compare to its market cap?
PBIP fundamental statistics
Market CapUS$119.05m
Earnings (TTM)-US$448.00k
Revenue (TTM)US$23.53m

1.0x

P/B Ratio

5.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PBIP income statement (TTM)
RevenueUS$23.53m
Cost of RevenueUS$0
Gross ProfitUS$23.53m
Other ExpensesUS$23.98m
Earnings-US$448.00k

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.058
Gross Margin100.00%
Net Profit Margin-1.90%
Debt/Equity Ratio172.1%

How did PBIP perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

-487%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is PBIP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PBIP?

Other financial metrics that can be useful for relative valuation.

PBIP key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

How does PBIP's PB Ratio compare to its peers?

PBIP PB Ratio vs Peers
The above table shows the PB ratio for PBIP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1.3x
OFED Oconee Federal Financial
1.5xn/aUS$119.9m
HARL Harleysville Financial
1.2xn/aUS$96.3m
BVFL BV Financial
1.7xn/aUS$155.8m
PROV Provident Financial Holdings
0.8x-6.3%US$105.7m
PBIP Prudential Bancorp
1x87.9%US$119.1m

Price-To-Book vs Peers: PBIP is good value based on its Price-To-Book Ratio (1x) compared to the peer average (1.3x).


Price to Earnings Ratio vs Industry

How does PBIP's PE Ratio compare vs other companies in the US Mortgage Industry?

Price-To-Book vs Industry: PBIP is expensive based on its Price-To-Book Ratio (1x) compared to the US Mortgage industry average (0.9x)


Price to Book Ratio vs Fair Ratio

What is PBIP's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PBIP PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate PBIP's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of PBIP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PBIP ($15.31) is trading below our estimate of fair value ($18.55)

Significantly Below Fair Value: PBIP is trading below fair value, but not by a significant amount.


Price to Earnings Growth Ratio

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


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Future Growth

How is Prudential Bancorp forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


87.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PBIP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: PBIP is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PBIP is expected to become profitable in the next 3 years.

Revenue vs Market: PBIP's revenue (8.1% per year) is forecast to grow slower than the US market (8.3% per year).

High Growth Revenue: PBIP's revenue (8.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PBIP's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Prudential Bancorp performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


11.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PBIP is currently unprofitable.

Growing Profit Margin: PBIP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PBIP is unprofitable, but has reduced losses over the past 5 years at a rate of 11.8% per year.

Accelerating Growth: Unable to compare PBIP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PBIP is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage industry (6.7%).


Return on Equity

High ROE: PBIP has a negative Return on Equity (-0.37%), as it is currently unprofitable.


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Financial Health

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

Financial Health Score

6/6

Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: PBIP's Assets to Equity ratio (8.4x) is low.

Allowance for Bad Loans: PBIP has a sufficient allowance for bad loans (183%).

Low Risk Liabilities: 75% 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 (55%).

Low Risk Deposits: PBIP's Loans to Deposits ratio (82%) is appropriate.

Level of Bad Loans: PBIP has an appropriate level of bad loans (0.7%).


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Dividend

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

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.83%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: PBIP's dividend (1.83%) is higher than the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: PBIP's dividend (1.83%) is low compared to the top 25% of dividend payers in the US market (4.25%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, PBIP has been paying a dividend for less than 10 years.

Growing Dividend: PBIP's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Earnings Coverage: PBIP is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


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Management

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

6.0yrs

Average management tenure


CEO

Dennis Pollack (71 yo)

6.08yrs

Tenure

US$808,766

Compensation

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 ($USD808.77K) is about average for companies of similar size in the US market ($USD752.76K).

Compensation vs Earnings: Dennis's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: PBIP's management team is seasoned and experienced (6 years average tenure).


Board Members

Experienced Board: PBIP's board of directors are considered experienced (9.5 years average tenure).


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Prudential Bancorp, Inc.
  • Ticker: PBIP
  • Exchange: NasdaqGM
  • Founded: 1886
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Implied Market Cap: US$119.055m
  • Shares outstanding: 7.78m
  • Website: https://www.psbanker.com

Number of Employees


Location

  • Prudential Bancorp, Inc.
  • 1834 West Oregon Avenue
  • Philadelphia
  • Pennsylvania
  • 19145
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/28 00:00
End of Day Share Price2022/06/28 00:00
Earnings2022/03/31
Annual Earnings2021/09/30


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.