NasdaqCM:PUB

Stock Analysis Report

People's Utah Bancorp

Executive Summary

People’s Utah Bancorp operates as the bank holding company for People’s Intermountain Bank that provides retail and commercial banking products and services.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-6.0%

NasdaqCM:PUB

-2.5%

US Banks

-0.7%

US Market


1 Year Return

-24.3%

NasdaqCM:PUB

-14.2%

US Banks

-0.5%

US Market

PUB underperformed the Banks industry which returned -14.2% over the past year.

PUB underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

PUBIndustryMarket
7 Day-6.0%-2.5%-0.7%
30 Day-6.5%-6.1%-3.0%
90 Day-10.9%-3.8%0.9%
1 Year-23.1%-24.3%-11.8%-14.2%1.7%-0.5%
3 Year46.9%41.0%42.1%32.4%39.5%30.4%
5 Yearn/a53.3%36.7%54.1%37.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is People's Utah Bancorp undervalued based on future cash flows and its price relative to the stock market?

34%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

People's Utah Bancorp's share price is below the future cash flow value, and at a moderate discount (> 20%).

People's Utah Bancorp's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

People's Utah Bancorp is good value based on earnings compared to the US Banks industry average.

People's Utah Bancorp is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

People's Utah Bancorp earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

People's Utah Bancorp is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is People's Utah Bancorp expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

-0.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

People's Utah Bancorp's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

People's Utah Bancorp's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

People's Utah Bancorp's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

People's Utah Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

People's Utah Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if People's Utah Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has People's Utah Bancorp performed over the past 5 years?

20.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

People's Utah Bancorp has delivered over 20% year on year earnings growth in the past 5 years.

People's Utah Bancorp's 1-year earnings growth exceeds its 5-year average (62.2% vs 20.9%)

People's Utah Bancorp's earnings growth has exceeded the US Banks industry average in the past year (62.2% vs 33.3%).


Return on Equity

People's Utah Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

People's Utah Bancorp used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if People's Utah Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is People's Utah 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

Information is not available.

Information is not available.


Financial Institutions Analysis

People's Utah Bancorp has an acceptable proportion of non-loan assets held.

People's Utah Bancorp has a sufficient allowance for bad loans.

People's Utah Bancorp's liabilities are made up of primarily low risk sources of funding.

People's Utah Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at People's Utah Bancorp are broadly funded by customer deposits.

People's Utah Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

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

1.90%

Expected Dividend Yield


Dividend Yield and Payments Analysis

People's Utah Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

People's Utah Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Whilst dividend payments have been stable, People's Utah Bancorp has been paying a dividend for less than 10 years.

Dividend payments have increased, but People's Utah Bancorp only paid a dividend in the past 4 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (4.8x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

1.6yrs

Average management tenure


CEO

Len Williams (60yo)

1.6yrs

Tenure

US$865,053

Compensation

Mr. Len E. Williams has been President and Chief Executive Officer of People's Utah Bancorp since January 02. 2018. He served as an Executive Vice President of People's Utah Bancorp since September 1, 2017 ...


CEO Compensation Analysis

Len's remuneration is lower than average for companies of similar size in United States of America.

Len's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

1.6yrs

Average Tenure

62yo

Average Age

The average tenure for the People's Utah Bancorp management team is less than 2 years, this suggests a new team.


Board Age and Tenure

6.1yrs

Average Tenure

66.5yo

Average Age

The tenure for the People's Utah Bancorp board of directors is about average.


Insider Trading

People's Utah Bancorp individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$149,97501 Aug 19
Deborah Bayle
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,047
Max PriceUS$29.72
SellUS$258,36431 Jul 19
Paul Gunther
EntityIndividual
Role
Member of the Board of Directors
Director
Shares8,600
Max PriceUS$30.07
SellUS$40,02429 May 19
Fred Fairclough
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,375
Max PriceUS$29.11
SellUS$205,03326 Feb 19
Paul Gunther
EntityIndividual
Role
Member of the Board of Directors
Director
Shares7,000
Max PriceUS$30.00
SellUS$563,13220 Feb 19
Paul Gunther
EntityIndividual
Role
Member of the Board of Directors
Director
Shares19,320
Max PriceUS$29.22
SellUS$385,53019 Feb 19
Paul Gunther
EntityIndividual
Role
Member of the Board of Directors
Director
Shares13,188
Max PriceUS$29.23
SellUS$41,22414 Feb 19
Paul Gunther
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,421
Max PriceUS$29.01
SellUS$112,12104 Feb 19
Paul Gunther
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,724
Max PriceUS$30.11

Ownership Breakdown


Management Team

  • Mark Olson (55yo)

    Executive VP & CFO

    • Tenure: 1.6yrs
    • Compensation: US$462.46k
  • Len Williams (60yo)

    President

    • Tenure: 1.6yrs
    • Compensation: US$865.05k
  • Dave Anderson (64yo)

    Director

    • Tenure: 21.6yrs
    • Compensation: US$16.80k
  • Rick Anderson (65yo)

    President & COO of PIB

    • Tenure: 3.6yrs
    • Compensation: US$404.67k
  • Adelaide Maudsley

    Corporate Secretary

    • Tenure: 0.0yrs

Board Members

  • Len Williams (60yo)

    President

    • Tenure: 1.6yrs
    • Compensation: US$865.05k
  • Robert Anderson (72yo)

    Director

    • Tenure: 12.6yrs
    • Compensation: US$78.99k
  • Rick Beard (66yo)

    Chairman

    • Tenure: 1.6yrs
    • Compensation: US$93.30k
  • Dave Anderson (64yo)

    Director

    • Tenure: 21.6yrs
    • Compensation: US$16.80k
  • Paul Gunther (78yo)

    Director

    • Tenure: 21.6yrs
    • Compensation: US$81.72k
  • Matt Browning (46yo)

    Director

    • Tenure: 2.1yrs
    • Compensation: US$76.14k
  • Fred Fairclough (69yo)

    Director

    • Tenure: 19.6yrs
    • Compensation: US$54.27k
  • Doug Swenson (69yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: US$67.48k
  • Deborah Bayle (67yo)

    Director

    • Tenure: 5.6yrs
    • Compensation: US$83.05k
  • Jon Gunther (43yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: US$57.71k

Company Information

People's Utah Bancorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: People's Utah Bancorp
  • Ticker: PUB
  • Exchange: NasdaqCM
  • Founded: 1905
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$504.947m
  • Shares outstanding: 18.83m
  • Website: https://www.peoplesutah.com

Number of Employees


Location

  • People's Utah Bancorp
  • 1 East Main Street
  • American Fork
  • Utah
  • 84003
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PUBNasdaqCM (Nasdaq Capital Market)YesCommon SharesUSUSDJun 2015

Biography

People’s Utah Bancorp operates as the bank holding company for People’s Intermountain Bank that provides retail and commercial banking products and services. The company accepts various deposits, such as c ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 00:54
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.