NasdaqGM:PBIP

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Excellent balance sheet with proven track record.


Similar Companies

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.


Market Performance


7 Day Return

-0.4%

PBIP

-4.9%

US Mortgage

-0.8%

US Market


1 Year Return

-40.6%

PBIP

-26.1%

US Mortgage

13.8%

US Market

Return vs Industry: PBIP underperformed the US Mortgage industry which returned -26.1% over the past year.

Return vs Market: PBIP underperformed the US Market which returned 13.8% over the past year.


Shareholder returns

PBIPIndustryMarket
7 Day-0.4%-4.9%-0.8%
30 Day-6.5%-15.0%-5.7%
90 Day-16.1%-27.8%8.6%
1 Year-37.8%-40.6%-23.9%-26.1%16.4%13.8%
3 Year-38.1%-45.3%6.4%-2.7%36.9%27.8%
5 Year-19.8%-30.1%6.1%-7.8%85.0%64.2%

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

Valuation

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

7.57x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PBIP ($10.1) 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 (7.6x) compared to the US Mortgage industry average (10.4x).

PE vs Market: PBIP is good value based on its PE Ratio (7.6x) compared to the US market (17.6x).


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 (0.6x) compared to the US Mortgage industry average (0.8x).


Next Steps

Future Growth

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

-11.9%

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.


Next Steps

Past Performance

How has Prudential Bancorp performed over the past 5 years?

41.3%

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 6.7%.


Return on Equity

High ROE: PBIP's Return on Equity (9%) is considered low.


Next Steps

Financial Health

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


Balance Sheet


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%).


Next Steps

Dividend

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

2.77%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PBIP's dividend (2.77%) is higher than the bottom 25% of dividend payers in the US market (1.72%).

High Dividend: PBIP's dividend (2.77%) is low compared to the top 25% of dividend payers in the US market (4.94%).


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.


Next Steps

Management

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

4.0yrs

Average management tenure


CEO

Dennis Pollack (70 yo)

4.33yrs

Tenure

US$711,375

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 ($USD711.38K) is about average for companies of similar size in the US market ($USD604.44K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Dennis Pollack
President4.33yrsUS$711.38k0.83%
$ 681.5k
Jack Rothkopf
Senior VP5.17yrsUS$214.01k0.44%
$ 363.4k
Dominique Genca
Assistant VP & Director of Human Resources - Prudential Savings Bankno datano datano data
Sharon Slater
Senior VPno datano datano data
Gary Reilly
Chief Credit Officer & Senior VP4yrsno datano data
Robert Pollard
VP & Controller2.83yrsno datano data
Kathleen Parmer
Assistant Secretary of Prudential Savings Bankno datano datano data
Kevin Gallagher
Senior VP & Chief Lending Officer3.67yrsUS$349.07k0.032%
$ 26.5k

4.0yrs

Average Tenure

64yo

Average Age

Experienced Management: PBIP's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dennis Pollack
President4.33yrsUS$711.38k0.83%
$ 681.5k
Joseph Packer
Chairman Emeritus7.75yrsUS$142.79kno data
John Judge
Director Emeritus12.17yrsUS$79.25kno data
A. Fanelli
Independent Director15yrsUS$63.15k0.42%
$ 348.5k
Raymond Vanaria
Director0.083yrno data0.31%
$ 252.5k
John Hosier
Independent Director11.17yrsUS$58.15k0.48%
$ 394.8k
Bruce Miller
Independent Chairman of the Board4.75yrsUS$88.15k0.49%
$ 407.0k

7.8yrs

Average Tenure

70yo

Average Age

Experienced Board: PBIP's board of directors are considered experienced (7.8 years average tenure).


Ownership

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

Ownership Breakdown

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


Top Shareholders

Company Information

Prudential Bancorp, Inc.'s company bio, 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
  • Market Cap: US$82.285m
  • Shares outstanding: 8.15m
  • Website: https://www.psbanker.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PBIPNasdaqGM (Nasdaq Global Market)YesNew Common StockUSUSDMar 2005

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 05:17
End of Day Share Price2020/09/25 00:00
Earnings2020/06/30
Annual Earnings2019/09/30


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.