NasdaqGM:PFBI

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Premier Financial Bancorp

Executive Summary

Premier Financial Bancorp, Inc., a multi-bank holding company, provides community banking services to individuals and small-to-medium sized businesses. More Details


Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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

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


Market Performance


7 Day Return

4.5%

PFBI

-5.3%

US Banks

1.4%

US Market


1 Year Return

-11.4%

PFBI

-8.4%

US Banks

22.6%

US Market

Return vs Industry: PFBI underperformed the US Banks industry which returned -7.2% over the past year.

Return vs Market: PFBI underperformed the US Market which returned 22.8% over the past year.


Shareholder returns

PFBIIndustryMarket
7 Day4.5%-5.3%1.4%
30 Day11.8%9.9%4.9%
90 Day17.3%29.9%14.6%
1 Year-7.1%-11.4%-5.0%-8.4%25.4%22.6%
3 Year9.8%-2.4%-2.1%-10.5%46.8%37.0%
5 Year65.1%37.4%82.1%59.0%132.0%106.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

40.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PFBI ($15.4) is trading below our estimate of fair value ($26.05)

Significantly Below Fair Value: PFBI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PFBI is good value based on its PE Ratio (10.1x) compared to the US Banks industry average (12.3x).

PE vs Market: PFBI is good value based on its PE Ratio (10.1x) compared to the US market (21.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PFBI is good value based on its PB Ratio (0.9x) compared to the US Banks industry average (1x).


Next Steps

Future Growth

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

13.8%

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 Premier Financial 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 Premier Financial Bancorp performed over the past 5 years?

16.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PFBI has high quality earnings.

Growing Profit Margin: PFBI's current net profit margins (30.6%) are lower than last year (32.3%).


Past Earnings Growth Analysis

Earnings Trend: PFBI's earnings have grown by 16.7% per year over the past 5 years.

Accelerating Growth: PFBI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PFBI had negative earnings growth (-6.5%) over the past year, making it difficult to compare to the Banks industry average (-4.3%).


Return on Equity

High ROE: PFBI's Return on Equity (8.7%) is considered low.


Next Steps

Financial Health

How is Premier Financial 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: PFBI's Assets to Equity ratio (7.4x) is low.

Allowance for Bad Loans: PFBI has a sufficient allowance for bad loans (115%).

Low Risk Liabilities: 97% of PFBI's liabilities are made up of primarily low risk sources of funding.

Loan Level: PFBI has an appropriate level of Loans to Assets ratio (66%).

Low Risk Deposits: PFBI's Loans to Deposits ratio (79%) is appropriate.

Level of Bad Loans: PFBI has an appropriate level of bad loans (0.9%).


Next Steps

Dividend

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

3.90%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PFBI's dividend (3.9%) is higher than the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: PFBI's dividend (3.9%) is in the top 25% of dividend payers in the US market (3.86%)


Stability and Growth of Payments

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

Growing Dividend: PFBI's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (39.3%), PFBI'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?

17.5yrs

Average management tenure


CEO

Bob Walker (73 yo)

19.25yrs

Tenure

US$487,110

Compensation

Mr. Robert W. Walker has been the President and Chief Executive Officer of Premier Financial Bancorp, Inc. since October 2001. Mr. Walker serves as a Director of Premier Financial Bancorp Inc. Mr. Walker s...


CEO Compensation Analysis

Compensation vs Market: Bob's total compensation ($USD487.11K) is below average for companies of similar size in the US market ($USD989.90K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Robert Walker
President19.25yrsUS$487.11k0.85%
$ 1.9m
Brien Chase
Senior VP & CFO18.75yrsUS$237.12k0.20%
$ 446.6k
Michael Mineer
Senior Vice President7.75yrsUS$263.01k0.20%
$ 446.4k
Jonathan Bias
Senior Vice President5.33yrsUS$278.69k0.020%
$ 44.5k
Toney Adkins
Secretary & Independent Director29.5yrsUS$12.00k0.11%
$ 249.6k
Lloyd Jackson
Assistant Secretary & Independent Director8.58yrsUS$12.00k0.15%
$ 341.7k
Katrina Whitt
Vice President of Human Resources17.5yrsno data0.038%
$ 85.5k

17.5yrs

Average Tenure

63yo

Average Age

Experienced Management: PFBI's management team is seasoned and experienced (17.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Walker
President19.25yrsUS$487.11k0.85%
$ 1.9m
Toney Adkins
Secretary & Independent Director29.5yrsUS$12.00k0.11%
$ 249.6k
Lloyd Jackson
Assistant Secretary & Independent Director8.58yrsUS$12.00k0.15%
$ 341.7k
Marshall Reynolds
Chairman of the Board25yrsUS$12.00k7.47%
$ 16.9m
Philip Cline
Independent Director6.33yrsUS$12.00k1.14%
$ 2.6m
Neal Scaggs
Independent Director22.33yrsUS$12.00k1.16%
$ 2.6m
Douglas Reynolds
Director0.42yrno data2.9%
$ 6.6m
Thomas Wright
Independent Director19.75yrsUS$12.00k0.056%
$ 127.2k
Harry Hatfield
Independent Director8.58yrsUS$12.00k0.20%
$ 462.0k

19.3yrs

Average Tenure

72yo

Average Age

Experienced Board: PFBI's board of directors are seasoned and experienced ( 19.3 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Premier Financial Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Premier Financial Bancorp, Inc.
  • Ticker: PFBI
  • Exchange: NasdaqGM
  • Founded: 1991
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$225.968m
  • Shares outstanding: 14.67m
  • Website: https://www.premierbankinc.com

Number of Employees


Location

  • Premier Financial Bancorp, Inc.
  • 2883 Fifth Avenue
  • Huntington
  • West Virginia
  • 25702
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PFBINasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDMay 1996

Biography

Premier Financial Bancorp, Inc., a multi-bank holding company, provides community banking services to individuals and small-to-medium sized businesses. The company accepts various deposit products, includi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 23:34
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.