Stock Analysis Report

Executive Summary

Penns Woods Bancorp, Inc. operates as the bank holding company for Jersey Shore State Bank and Luzerne Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations.


Excellent balance sheet established dividend payer.

Similar Companies

Share Price & News

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

Latest Share Price and Events

Stable Share Price: PWOD has not had significant price volatility in the past 3 months.

Market Performance

7 Day Return




US Banks


US Market

1 Year Return




US Banks


US Market

Return vs Industry: PWOD matched the US Banks industry which returned 11.2% over the past year.

Return vs Market: PWOD underperformed the US Market which returned 16.8% over the past year.

Shareholder returns

7 Day0.03%-0.08%0.9%
30 Day4.3%6.7%4.5%
90 Day12.4%17.0%6.2%
1 Year14.9%9.8%14.5%11.2%19.4%16.8%
3 Year13.5%-0.2%38.7%29.0%47.5%38.0%
5 Year28.4%3.5%72.3%53.2%62.0%44.1%

Price Volatility Vs. Market

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

Simply Wall St News


Is Penns Woods Bancorp 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: PWOD ($31.28) is trading above our estimate of fair value ($19.62)

Significantly Below Fair Value: PWOD is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: PWOD is poor value based on its PE Ratio (12.9x) compared to the Banks industry average (12.7x).

PE vs Market: PWOD is good value based on its PE Ratio (12.9x) compared to the US market (18.2x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: PWOD is overvalued based on its PB Ratio (1.4x) compared to the US Banks industry average (1.2x).

Next Steps

Future Growth

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


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 Penns Woods 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 Penns Woods Bancorp performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PWOD has high quality earnings.

Growing Profit Margin: PWOD's current net profit margins (28.6%) are higher than last year (20.4%).

Past Earnings Growth Analysis

Earnings Trend: PWOD's earnings have declined by -0.5% per year over the past 5 years.

Accelerating Growth: PWOD's earnings growth over the past year (51.6%) exceeds its 5-year average (-0.5% per year).

Earnings vs Industry: PWOD earnings growth over the past year (51.6%) exceeded the Banks industry 27.5%.

Return on Equity

High ROE: PWOD's Return on Equity (11%) is considered low.

Return on Assets

Return on Capital Employed

Next Steps

Financial Health

How is Penns Woods 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

Inventory Level: PWOD has a low level of unsold assets or inventory.

Debt Coverage by Assets: PWOD's debt is not covered by short term assets (assets are 0.4x debt).

Financial Institutions Analysis

Asset Level: PWOD's level of assets compared to its equity is moderate.

Allowance for Bad Loans: PWOD has a low allowance for bad loans.

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

Loan Level: PWOD has an acceptable proportion of non-loan assets held.

Low Risk Deposits: PWOD's loans are broadly funded by customer deposits.

Level of Bad Loans: PWOD has an appropriate level of bad loans (1.26%)

Next Steps


What is Penns Woods Bancorp's current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market


Current dividend yield vs market & industry

Notable Dividend: PWOD's dividend (3.96%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: PWOD's dividend (3.96%) is in the top 25% of dividend payers in the US market (3.68%)

Stability and Growth of Payments

Stable Dividend: PWOD's dividends per share have been stable in the past 10 years.

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

Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (51.8%), PWOD's dividend payments are 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


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


Average management tenure


Dick Grafmyre (65yo)





Mr. Richard Allen Grafmyre, also known as Dick, CFP, has been the Chief Executive Officer of Penns Woods BanCorp, Inc. since October 29, 2010 and served as its President. Mr. Grafmyre served as the Chief E ...

CEO Compensation Analysis

Compensation vs Market: Dick's total compensation ($USD1.06M) is about average for companies of similar size in the US market ($USD1.14M).

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

Management Age and Tenure


Average Tenure


Average Age

Experienced Management: PWOD's management team is considered experienced (3.7 years average tenure).

Board Age and Tenure


Average Tenure


Average Age

Experienced Board: PWOD's board of directors are seasoned and experienced ( 13.8 years average tenure).

Insider Trading

Insider Buying: PWOD insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

BuyUS$13,71631 Oct 19
Charles Kranich
Max PriceUS$30.48
BuyUS$16,96809 Sep 19
Charles Kranich
Max PriceUS$28.28
BuyUS$4,55106 Mar 19
Cameron Kephart
Max PriceUS$30.34
BuyUS$12,34326 Feb 19
John Nackley
Max PriceUS$27.43
BuyUS$9,75619 Feb 19
Joseph Kluger
Vice Chairman
Vice Chairman of the Board
Max PriceUS$26.33
BuyUS$107,15707 Feb 19
R. Nestlerode
Chairman of the Board
Chairman of the Board
Max PriceUS$25.86
BuyUS$36,02504 Feb 19
D. Hawbaker
Max PriceUS$24.02
BuyUS$26,91004 Feb 19
Richard Grafmyre
Chief Executive Officer
CEO & Director
Max PriceUS$23.92
BuyUS$18,00004 Feb 19
James Furey
Member of the Board of Directors
Independent Director
Max PriceUS$24.00
BuyUS$63,29704 Feb 19
William Edwards
Max PriceUS$24.11
BuyUS$36,45004 Feb 19
Michael Casale
Member of the Board of Directors
Max PriceUS$24.33
BuyUS$6,10804 Feb 19
Aron Carter
Senior Key Executive
Senior VP & Chief Risk Officer
Max PriceUS$24.09

Ownership Breakdown

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

Management Team

  • Brian Knepp (44yo)


    • Tenure: 4.8yrs
    • Compensation: US$498.61k
  • Shelley Karas (52yo)

    Senior VP

    • Tenure: 3.7yrs
    • Compensation: US$212.46k
  • Dick Grafmyre (65yo)

    CEO & Director

    • Tenure: 9.1yrs
    • Compensation: US$1.06m
  • Aron Carter (46yo)

    Senior VP & Chief Risk Officer

    • Tenure: 6.8yrs
    • Compensation: US$185.75k
  • Mark Beatty

    Chief Information Officer & Senior VP

    • Tenure: 0yrs
  • Bill Mauck

    SVP of Deposit Ops

    • Tenure: 3.4yrs
  • Roxanna Chapman

    Senior Vice President of Loan Operations

    • Tenure: 3.4yrs
  • Kim Yale

    Executive Assistant to President & Shareholder Relations

    • Tenure: 6.8yrs

Board Members

  • Ronald Walko (72yo)

    Independent Director

    • Tenure: 19.8yrs
    • Compensation: US$58.00k
  • William Rockey (72yo)

    Independent Director

    • Tenure: 20.8yrs
    • Compensation: US$58.00k
  • Michael Casale (67yo)


    • Tenure: 20.8yrs
    • Compensation: US$60.50k
  • R. Nestlerode (66yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: US$69.25k
  • James Furey (71yo)

    Independent Director

    • Tenure: 29.8yrs
    • Compensation: US$60.50k
  • Brian Knepp (44yo)


    • Tenure: 4.8yrs
    • Compensation: US$498.61k
  • Leroy Keiler (55yo)

    Independent Director

    • Tenure: 13.8yrs
    • Compensation: US$58.00k
  • Dick Grafmyre (65yo)

    CEO & Director

    • Tenure: 9.1yrs
    • Compensation: US$1.06m
  • Daniel Brewer (57yo)

    Independent Director

    • Tenure: 7.3yrs
    • Compensation: US$69.25k
  • Joe Kluger (55yo)

    Vice Chairman of the Board

    • Tenure: 6.3yrs
    • Compensation: US$55.00k

Company Information

Penns Woods Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Penns Woods Bancorp, Inc.
  • Ticker: PWOD
  • Exchange: NasdaqGS
  • Founded: 1983
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$217.539m
  • Shares outstanding: 7.04m
  • Website:

Number of Employees


  • Penns Woods Bancorp, Inc.
  • 300 Market Street
  • PO Box 967
  • Williamsport
  • Pennsylvania
  • 17703
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PWODNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDOct 1990


Penns Woods Bancorp, Inc. operates as the bank holding company for Jersey Shore State Bank and Luzerne Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit o ...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/19 23:41
End of Day Share Price2019/11/19 00:00
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.