NasdaqGM:PBIP

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Excellent balance sheet with acceptable 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


Market Performance


7 Day Return

-0.2%

PBIP

2.1%

US Mortgage

2.3%

US Market


1 Year Return

-3.5%

PBIP

12.0%

US Mortgage

5.6%

US Market

Return vs Industry: PBIP underperformed the US Mortgage industry which returned 12% over the past year.

Return vs Market: PBIP underperformed the US Market which returned 5.6% over the past year.


Shareholder returns

PBIPIndustryMarket
7 Day-0.2%2.1%2.3%
30 Day-4.1%-0.4%-1.0%
90 Day-4.7%3.0%-0.7%
1 Year0.2%-3.5%14.4%12.0%7.9%5.6%
3 Year27.2%17.0%39.1%29.7%45.6%36.3%
5 Year58.1%41.3%70.4%52.4%65.8%47.6%

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?

16.1x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate PBIP's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate PBIP's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PBIP is poor value based on its PE Ratio (16.1x) compared to the Mortgage industry average (14.6x).

PE vs Market: PBIP is good value based on its PE Ratio (16.1x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

Low 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 overvalued based on its PB Ratio (1.1x) compared to the US Mortgage industry average (1.1x).


Next Steps

Future Growth

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

10.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PBIP's forecast earnings growth (10.5% per year) is above the savings rate (2.7%).

Earnings vs Market: PBIP's earnings (10.5% per year) are forecast to grow slower than the US market (14.5% per year).

High Growth Earnings: PBIP's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if PBIP's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if PBIP's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Prudential Bancorp performed over the past 5 years?

37.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PBIP's earnings have grown significantly by 37.4% per year over the past 5 years.

Accelerating Growth: PBIP's earnings growth over the past year (40.1%) exceeds its 5-year average (37.4% per year).

Earnings vs Industry: PBIP earnings growth over the past year (40.1%) exceeded the Mortgage industry 31.7%.


Return on Equity

High ROE: PBIP's Return on Equity (7%) is considered low.


Return on Assets

ROA vs Industry: PBIP's Return on Assets is below or equal to the Mortgage industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate PBIP's Return on Capital Employed to determine if it has improved over the past 3 years.


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

Inventory Level: PBIP has a low level of unsold assets or inventory.

Debt Coverage by Assets: PBIP's debt is not covered by short term assets (assets are 0.2x debt).


Financial Institutions Analysis

Asset Level: PBIP's level of assets compared to its equity is low.

Allowance for Bad Loans: PBIP has a low allowance for bad loans.

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

Loan Level: PBIP has an acceptable proportion of non-loan assets held.

Low Risk Deposits: PBIP's loans are broadly funded by customer deposits.

Level of Bad Loans: PBIP has an appropriate level of bad loans (1.87%)


Next Steps

Dividend

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

1.17%

Current Dividend Yield


Dividend Yield vs Market

company1.2%marketbottom25%1.5%markettop25%3.8%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: PBIP's dividend (1.17%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: PBIP's dividend (1.17%) is low compared to the top 25% of dividend payers in the US market (3.76%).

Stable Dividend: PBIP's dividend payments have been volatile in the past 10 years.

Growing Dividend: PBIP's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (18.8%), 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

What is the CEO of Prudential Bancorp's salary, the management and board of directors tenure and is there insider trading?

3.1yrs

Average management tenure


CEO

Dennis Pollack (69yo)

3.4yrs

Tenure

US$1,152,676

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 ($USD1.15M) is about average for companies of similar size in the US market ($USD1.18M).

Compensation vs Earnings: Dennis's compensation has increased by more than 20% in the past year.


Management Age and Tenure

3.1yrs

Average Tenure

63yo

Average Age

Experienced Management: PBIP's management team is considered experienced (3.1 years average tenure).


Board Age and Tenure

8.5yrs

Average Tenure

75.5yo

Average Age

Experienced Board: PBIP's board of directors are considered experienced (8.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$17,24030 Jul 19
A. Fanelli
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$17.24

Ownership Breakdown


Management Team

  • Dennis Pollack (69yo)

    President

    • Tenure: 3.4yrs
    • Compensation: US$1.15m
  • Kevin Gallagher (63yo)

    Senior VP & Chief Lending Officer

    • Tenure: 2.8yrs
    • Compensation: US$349.07k
  • Jack Rothkopf (55yo)

    Senior VP

    • Tenure: 4.3yrs
    • Compensation: US$344.42k
  • Kathleen Parmer

    Assistant Secretary of Prudential Savings Bank

    • Tenure: 0yrs
  • Sharon Slater

    Senior VP

    • Tenure: 0yrs
  • Anthony Migliorino (64yo)

    Executive Officer

    • Tenure: 0yrs
    • Compensation: US$721.71k
  • Gary Reilly

    Chief Credit Officer & Senior VP

    • Tenure: 3.1yrs
  • Dominique Genca

    Assistant VP & Director of Human Resources - Prudential Savings Bank

    • Tenure: 0yrs
  • Robert Pollard (61yo)

    VP & Controller

    • Tenure: 1.9yrs

Board Members

  • Dennis Pollack (69yo)

    President

    • Tenure: 3.4yrs
    • Compensation: US$1.15m
  • Joe Packer (90yo)

    Chairman Emeritus

    • Tenure: 6.8yrs
    • Compensation: US$142.79k
  • Joseph Corrato (58yo)

    Director Emeritus

    • Tenure: 3.4yrs
    • Compensation: US$457.24k
  • John Judge (99yo)

    Director Emeritus

    • Tenure: 11.3yrs
    • Compensation: US$79.25k
  • Francis Mulcahy (86yo)

    Director

    • Tenure: 14.1yrs
    • Compensation: US$41.50k
  • A. Fanelli (82yo)

    Director

    • Tenure: 14.1yrs
    • Compensation: US$57.17k
  • John Hosier (55yo)

    Director

    • Tenure: 10.3yrs
    • Compensation: US$53.75k
  • Bruce Miller (58yo)

    Chairman of the Board

    • Tenure: 3.8yrs
    • Compensation: US$78.25k

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$152.444m
  • Shares outstanding: 8.89m
  • 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 Analysis2019/10/17 00:07
End of Day Share Price2019/10/16 00:00
Earnings2019/06/30
Annual Earnings2018/09/30


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.