Peoples Financial Services
Market Cap
US$297.2m
Last Updated
2021/05/12 23:05 UTC
Data Sources
Company Financials
Executive Summary
Peoples Financial Services Corp. operates as the bank holding company for Peoples Security Bank and Trust Company that provides various commercial and retail banking services. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
Similar Companies
Share Price & News
How has Peoples Financial Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PFIS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PFIS's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-5.1%
PFIS
-0.9%
US Banks
-2.8%
US Market
1 Year Return
32.5%
PFIS
94.7%
US Banks
49.4%
US Market
Return vs Industry: PFIS underperformed the US Banks industry which returned 88.6% over the past year.
Return vs Market: PFIS underperformed the US Market which returned 48.6% over the past year.
Shareholder returns
| PFIS | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.1% | -0.9% | -2.8% |
| 30 Day | 0.1% | 2.7% | -2.3% |
| 90 Day | 6.4% | 18.2% | -1.3% |
| 1 Year | 37.6%32.5% | 100.6%94.7% | 51.8%49.4% |
| 3 Year | -5.1%-14.0% | 25.5%14.8% | 57.5%47.6% |
| 5 Year | 34.2%14.6% | 107.8%81.7% | 121.7%97.1% |
Long-Term Price Volatility Vs. Market
How volatile is Peoples Financial Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Here's Why Peoples Financial Services Corp.'s (NASDAQ:PFIS) CEO Is Unlikely to Expect A Pay Rise This Year1 week ago | Simply Wall St
Update: Peoples Financial Services (NASDAQ:PFIS) Stock Gained 27% In The Last Year1 month ago | Simply Wall St
Do Peoples Financial Services's (NASDAQ:PFIS) Earnings Warrant Your Attention?Valuation
Is Peoples Financial Services undervalued compared to its fair value and its price relative to the market?
30.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PFIS ($41.26) is trading below our estimate of fair value ($59.59)
Significantly Below Fair Value: PFIS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PFIS is good value based on its PE Ratio (8.9x) compared to the US Banks industry average (12.1x).
PE vs Market: PFIS is good value based on its PE Ratio (8.9x) compared to the US market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PFIS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PFIS is good value based on its PB Ratio (0.9x) compared to the US Banks industry average (1.1x).
Future Growth
How is Peoples Financial Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
1.2%
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 Peoples Financial Services 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.
Past Performance
How has Peoples Financial Services performed over the past 5 years?
11.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PFIS has high quality earnings.
Growing Profit Margin: PFIS's current net profit margins (35.6%) are higher than last year (29.5%).
Past Earnings Growth Analysis
Earnings Trend: PFIS's earnings have grown by 11% per year over the past 5 years.
Accelerating Growth: PFIS's earnings growth over the past year (36.4%) exceeds its 5-year average (11% per year).
Earnings vs Industry: PFIS earnings growth over the past year (36.4%) exceeded the Banks industry 17.6%.
Return on Equity
High ROE: PFIS's Return on Equity (10.6%) is considered low.
Financial Health
How is Peoples Financial Services'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: PFIS's Assets to Equity ratio (9.4x) is low.
Allowance for Bad Loans: PFIS has a sufficient allowance for bad loans (325%).
Low Risk Liabilities: 95% of PFIS's liabilities are made up of primarily low risk sources of funding.
Loan Level: PFIS has an appropriate level of Loans to Assets ratio (72%).
Low Risk Deposits: PFIS's Loans to Deposits ratio (84%) is appropriate.
Level of Bad Loans: PFIS has an appropriate level of bad loans (0.4%).
Dividend
What is Peoples Financial Services's current dividend yield, its reliability and sustainability?
3.59%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PFIS's dividend (3.59%) is higher than the bottom 25% of dividend payers in the US market (1.25%).
High Dividend: PFIS's dividend (3.59%) is in the top 25% of dividend payers in the US market (3.43%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PFIS has been paying a dividend for less than 10 years.
Growing Dividend: PFIS's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.4%), PFIS'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?
6.8yrs
Average management tenure
CEO
Craig Best (59 yo)
7.5yrs
Tenure
US$979,298
Compensation
Mr. Craig W. Best has been the Chief Executive Officer of Peoples Financial Services Corp. and Peoples Security Bank & Trust Company since May 2020 and served as its President until May 2020. Mr. Best serv...
CEO Compensation Analysis
Compensation vs Market: Craig's total compensation ($USD979.30K) is about average for companies of similar size in the US market ($USD1.02M).
Compensation vs Earnings: Craig's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: PFIS's management team is seasoned and experienced (6.8 years average tenure).
Board Members
Experienced Board: PFIS's board of directors are considered experienced (9.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PFIS 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
Peoples Financial Services Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Peoples Financial Services Corp.
- Ticker: PFIS
- Exchange: NasdaqGS
- Founded: 1905
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$297.222m
- Shares outstanding: 7.20m
- Website: https://www.psbt.com
Number of Employees
Location
- Peoples Financial Services Corp.
- 150 North Washington Avenue
- Scranton
- Pennsylvania
- 18503
- United States
Listings
Biography
Peoples Financial Services Corp. operates as the bank holding company for Peoples Security Bank and Trust Company that provides various commercial and retail banking services. The company accepts money mar...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/12 23:05 |
| End of Day Share Price | 2021/05/12 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.