PCSB Financial Corporation operates as the bank holding company for PCSB Bank that provides financial services to individuals and businesses in Putnam, Southern Dutchess, Rockland, and Westchester Counties in New York.
Flawless balance sheet with questionable track record.
Share Price & News
How has PCSB Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PCSB has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PCSB underperformed the US Mortgage industry which returned 4.9% over the past year.
Return vs Market: PCSB underperformed the US Market which returned 17.9% over the past year.
Price Volatility Vs. Market
How volatile is PCSB Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StPCSB Financial Corporation (NASDAQ:PCSB) Will Pay A US$0.04 Dividend In 4 Days
1 month ago | Simply Wall StPCSB Financial Corporation (NASDAQ:PCSB) Vies For A Place In Your Dividend Portfolio: Here's Why
2 months ago | Simply Wall StHave Insiders Been Selling PCSB Financial Corporation (NASDAQ:PCSB) Shares?
Is PCSB Financial 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: PCSB ($19.99) is trading above our estimate of fair value ($1.95)
Significantly Below Fair Value: PCSB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PCSB is poor value based on its PE Ratio (36.2x) compared to the Mortgage industry average (13.6x).
PE vs Market: PCSB is poor value based on its PE Ratio (36.2x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: PCSB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: PCSB is overvalued based on its PB Ratio (1.2x) compared to the US Mortgage industry average (1.1x).
How is PCSB Financial forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PCSB's earnings are forecast to decline over the next 3 years (-2% per year).
Earnings vs Market: PCSB's earnings are forecast to decline over the next 3 years (-2% per year).
High Growth Earnings: PCSB's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PCSB's revenue (2.9% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: PCSB's revenue (2.9% 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 PCSB's Return on Equity is forecast to be high in 3 years time
How has PCSB Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PCSB has high quality earnings.
Growing Profit Margin: PCSB's current net profit margins (19%) are lower than last year (21%).
Past Earnings Growth Analysis
Earnings Trend: PCSB's earnings have grown significantly by 38% per year over the past 5 years.
Accelerating Growth: PCSB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PCSB had negative earnings growth (-6.9%) over the past year, making it difficult to compare to the Mortgage industry average (11.1%).
Return on Equity
High ROE: PCSB's Return on Equity (3.2%) is considered low.
Return on Assets
Return on Capital Employed
How is PCSB Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: PCSB has a low level of unsold assets or inventory.
Debt Coverage by Assets: PCSB's debt is not covered by short term assets (assets are 0.8x debt).
Financial Institutions Analysis
Asset Level: PCSB's level of assets compared to its equity is low.
Allowance for Bad Loans: PCSB has a sufficient allowance for bad loans.
Low Risk Liabilities: PCSB's liabilities are made up of primarily low risk sources of funding.
Loan Level: PCSB has an acceptable proportion of non-loan assets held.
Low Risk Deposits: PCSB's loans are broadly funded by customer deposits.
Level of Bad Loans: PCSB has an appropriate level of bad loans (0.14%)
What is PCSB Financial's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: PCSB's dividend (0.8%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: PCSB's dividend (0.8%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stability and Growth of Payments
Stable Dividend: PCSB is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: PCSB is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: PCSB is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PCSB's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Joseph Roberto (66yo)
Mr. Joseph D. Roberto has been the Chairman, Chief Executive Officer and President of PCSB Bank and PCSB Financial Corporation since January 2012 and 2017 respectively. Mr. Roberto served as Chief Financia ...
CEO Compensation Analysis
Compensation vs Market: Joseph's total compensation ($USD4.75M) is above average for companies of similar size in the US market ($USD1.67M).
Compensation vs Earnings: Joseph's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Executive VP & COO||0.6yrs||US$2.72m||0.64% $2.0m|
|Executive VP & Chief Lending Officer||3.1yrs||US$1.52m||0.38% $1.2m|
|Senior VP & CFO||0.6yrs||no data||0.16% $506.3k|
|Chief Information Officer and Senior Vice President||4.1yrs||no data||0.32% $1.0m|
|Senior Vice President of Compliance and CRA Officer||5.7yrs||no data||0.11% $337.2k|
|Chief Risk Officer||4.1yrs||no data||0.37% $1.2m|
|Senior Vice President and Director of Human Resources||24.1yrs||no data||0.28% $893.8k|
|Chief Credit Officer and Senior Vice President||7.5yrs||no data||0.17% $538.2k|
|Senior VP||0yrs||no data||0.090% $284.5k|
Experienced Management: PCSB's management team is considered experienced (4.1 years average tenure).
|Independent Director||3.1yrs||US$620.79k||0.13% $399.8k|
|Independent Director||3.1yrs||US$620.81k||0.23% $739.7k|
|Independent Director||3.1yrs||US$618.92k||0.31% $979.5k|
|Independent Director||3.1yrs||US$620.79k||0.18% $562.7k|
|Independent Director||3.1yrs||US$620.79k||0.16% $509.7k|
|Independent Director||3.1yrs||US$620.79k||0.18% $579.7k|
|Independent Director||3.1yrs||US$620.79k||0.20% $642.7k|
|Vice Chairman & Lead Independent Director||3.1yrs||US$712.62k||0.20% $647.2k|
Experienced Board: PCSB's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PCSB insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PCSB Financial Corporation's company bio, employee growth, exchange listings and data sources
- Name: PCSB Financial Corporation
- Ticker: PCSB
- Exchange: NasdaqCM
- Founded: 1866
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$317.463m
- Shares outstanding: 15.88m
- Website: https://www.pcsbbank.com
Number of Employees
- PCSB Financial Corporation
- 2651 Strang Boulevard
- Suite 100
- Yorktown Heights
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PCSB||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Apr 2017|
PCSB Financial Corporation operates as the bank holding company for PCSB Bank that provides financial services to individuals and businesses in Putnam, Southern Dutchess, Rockland, and Westchester Counties in New York. The company’s deposit products include non-interest bearing demand, NOW, money market, escrow, and savings accounts, as well as time deposits. It also provides commercial real estate, multi-family residential real estate, commercial business, construction, residential mortgage, and consumer and deposit overdraft loans, as well as home equity lines of credit, insurance products, and securities. PCSB Financial Corporation offers its services from executive offices/headquarters and 15 banking offices. The company was founded in 1866 and is headquartered in Yorktown Heights, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 02:48|
|End of Day Share Price||2020/02/21 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.