NasdaqGM:PDLB

Stock Analysis Report

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Market Cap

US$219.0m

Last Updated

2021/07/23 02:36 UTC

Data Sources

Company Financials +

Executive Summary

PDL Community Bancorp operates as the holding company for Ponce Bank that provides various banking products and services primarily in the New York City metropolitan area. More Details

Rewards

Earnings are forecast to grow 12.05% per year

Became profitable this year

Risk Analysis

No risks detected for PDLB from our risk checks.


Snowflake Analysis

Flawless balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has PDL Community Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PDLB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: PDLB's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-0.4%

PDLB

-1.5%

US Mortgage

0.4%

US Market


1 Year Return

29.7%

PDLB

46.4%

US Mortgage

36.9%

US Market

Return vs Industry: PDLB underperformed the US Mortgage industry which returned 49.9% over the past year.

Return vs Market: PDLB underperformed the US Market which returned 35.1% over the past year.


Shareholder returns

PDLBIndustryMarket
7 Day-0.4%-1.5%0.4%
30 Day-3.0%-6.4%1.6%
90 Day18.2%-12.0%2.7%
1 Year29.7%29.7%50.9%46.4%39.1%36.9%
3 Year-14.6%-14.6%19.9%10.8%61.0%51.0%
5 Yearn/a64.1%40.0%122.5%97.8%

Long-Term Price Volatility Vs. Market

How volatile is PDL Community Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

28.79x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PDLB's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PDLB's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PDLB is poor value based on its PE Ratio (28.8x) compared to the US Mortgage industry average (12.1x).

PE vs Market: PDLB is poor value based on its PE Ratio (28.8x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: PDLB is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: PDLB is overvalued based on its PB Ratio (1.3x) compared to the US Mortgage industry average (1.1x).


Future Growth

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

12.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PDLB's forecast earnings growth (12.1% per year) is above the savings rate (2%).

Earnings vs Market: PDLB's earnings (12.1% per year) are forecast to grow slower than the US market (15.1% per year).

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

Revenue vs Market: PDLB's revenue is expected to decline over the next 3 years (-2.1% per year).

High Growth Revenue: PDLB's revenue is forecast to decline over the next 3 years (-2.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

How has PDL Community Bancorp performed over the past 5 years?

-6.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PDLB has high quality earnings.

Growing Profit Margin: PDLB became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PDLB has become profitable over the past 5 years, growing earnings by -6.3% per year.

Accelerating Growth: PDLB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PDLB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Mortgage industry (28.5%).


Return on Equity

High ROE: PDLB's Return on Equity (4.7%) is considered low.


Financial Health

How is PDL Community 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: PDLB's Assets to Equity ratio (8.9x) is low.

Allowance for Bad Loans: PDLB has a sufficient allowance for bad loans (126%).

Low Risk Liabilities: 89% of PDLB's liabilities are made up of primarily low risk sources of funding.

Loan Level: PDLB has an appropriate level of Loans to Assets ratio (86%).

Low Risk Deposits: PDLB's Loans to Deposits ratio (108%) is appropriate.

Level of Bad Loans: PDLB has an appropriate level of bad loans (1%).


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PDLB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PDLB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PDLB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PDLB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PDLB's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Carlos Naudon (70 yo)

3.83yrs

Tenure

US$1,062,545

Compensation

Mr. Carlos P. Naudon serves as Director at Mortgage World Bankers, Inc. since July 10, 2020. He has been President of Ponce Bank (MHC) since 2015 and its CEO since July 2019 and Director since 2014. He ser...


CEO Compensation Analysis

Compensation vs Market: Carlos's total compensation ($USD1.06M) is about average for companies of similar size in the US market ($USD1.10M).

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


Leadership Team

Experienced Management: PDLB's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: PDLB's board of directors are considered experienced (8.2 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

PDL Community Bancorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PDL Community Bancorp
  • Ticker: PDLB
  • Exchange: NasdaqGM
  • Founded: 1960
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$219.025m
  • Shares outstanding: 16.81m
  • Website: https://www.poncebank.com

Number of Employees


Location

  • PDL Community Bancorp
  • 2244 Westchester Avenue
  • Bronx
  • New York
  • 10462
  • United States

Listings


Biography

PDL Community Bancorp operates as the holding company for Ponce Bank that provides various banking products and services primarily in the New York City metropolitan area. The company provides deposit accou...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/23 02:36
End of Day Share Price2021/07/22 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.