NasdaqGS:PWOD

Stock Analysis Report

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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.


Snowflake Analysis

Flawless 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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.7%

PWOD

1.3%

US Banks

0.5%

US Market


1 Year Return

-24.8%

PWOD

-16.6%

US Banks

18.0%

US Market

Return vs Industry: PWOD underperformed the US Banks industry which returned -15.2% over the past year.

Return vs Market: PWOD underperformed the US Market which returned 18.7% over the past year.


Shareholder returns

PWODIndustryMarket
7 Day1.7%1.3%0.5%
30 Day-5.8%3.9%4.5%
90 Day0.9%20.1%19.7%
1 Year-21.4%-24.8%-13.7%-16.6%20.5%18.0%
3 Year-14.8%-25.2%-7.2%-14.7%46.3%36.8%
5 Year-7.6%-25.6%23.2%8.0%87.2%66.8%

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

Valuation

Is Penns Woods Bancorp undervalued compared to its fair value and its price relative to the market?

17.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PWOD ($21.03) is trading below our estimate of fair value ($25.55)

Significantly Below Fair Value: PWOD is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: PWOD is poor value based on its PE Ratio (10.3x) compared to the US Banks industry average (10x).

PE vs Market: PWOD is good value based on its PE Ratio (10.3x) compared to the US market (19.1x).


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 (0.9x) compared to the US Banks industry average (0.8x).


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?

27.2%

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 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?

3.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PWOD has high quality earnings.

Growing Profit Margin: PWOD's current net profit margins (25.1%) are lower than last year (27.8%).


Past Earnings Growth Analysis

Earnings Trend: PWOD's earnings have grown by 3.2% per year over the past 5 years.

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

Earnings vs Industry: PWOD had negative earnings growth (-11.7%) over the past year, making it difficult to compare to the Banks industry average (-2.9%).


Return on Equity

High ROE: PWOD's Return on Equity (9%) is considered low.


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


Financial Institutions Analysis

Asset Level: PWOD's Assets to Equity ratio (11.5x) is moderate.

Allowance for Bad Loans: PWOD has a sufficient allowance for bad loans (117%).

Low Risk Liabilities: 88% of PWOD's liabilities are made up of primarily low risk sources of funding.

Loan Level: PWOD has an appropriate level of Loans to Assets ratio (73%).

Low Risk Deposits: PWOD's Loans to Deposits ratio (91%) is appropriate.

Level of Bad Loans: PWOD has an appropriate level of bad loans (0.8%).


Next Steps

Dividend

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

6.09%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PWOD's dividend (6.09%) is higher than the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: PWOD's dividend (6.09%) is in the top 25% of dividend payers in the US market (4.31%)


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 (62.5%), 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

Management

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

4.2yrs

Average management tenure


CEO

Dick Grafmyre (66 yo)

9.83yrs

Tenure

US$1,337,982

Compensation

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


CEO Compensation Analysis

Compensation vs Market: Dick's total compensation ($USD1.34M) is about average for companies of similar size in the US market ($USD1.27M).

Compensation vs Earnings: Dick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Richard Grafmyre
CEO & Director9.83yrsUS$1.34m0.11%
$ 170.7k
Brian Knepp
President5.58yrsUS$385.18k0.064%
$ 95.6k
Aron Carter
Senior VP & Chief Risk Officer7.58yrsUS$181.67k0.013%
$ 19.3k
Michelle Karas
Senior VP3.58yrsUS$188.82k0.013%
$ 19.6k
Mark Beatty
Chief Information Officer & Senior VPno datano datano data
Kimberly Yale
Executive Assistant to President & Shareholder Relations7.58yrsno datano data
William Mauck
SVP of Deposit Ops4.17yrsno datano data
Roxanna Chapman
Senior Vice President of Loan Operations4.17yrsno datano data

4.2yrs

Average Tenure

50yo

Average Age

Experienced Management: PWOD's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard Grafmyre
CEO & Director9.83yrsUS$1.34m0.11%
$ 170.7k
Brian Knepp
President5.58yrsUS$385.18k0.064%
$ 95.6k
Ronald Walko
Independent Director20.58yrsUS$58.00k0.50%
$ 748.7k
William Rockey
Independent Director21.58yrsUS$58.00k0.71%
$ 1.1m
Michael Casale
Independent Vice Chairman0.58yrUS$63.00k0.40%
$ 600.2k
R. Nestlerode
Independent Chairman of the Boardno dataUS$65.50k0.52%
$ 780.8k
James Furey
Independent Director30.58yrsUS$58.00k0.27%
$ 409.7k
Leroy Keiler
Independent Director14.58yrsUS$58.00k0.022%
$ 32.7k
D. Hawbaker
Independent Director12.83yrsUS$58.00k0.094%
$ 141.1k
William Edwards
Independent Director8.17yrsUS$58.00k0.43%
$ 640.6k
Daniel Brewer
Independent Director8.08yrsUS$65.50k0.065%
$ 97.2k
Joseph Kluger
Independent Director7.17yrsUS$55.00k0.056%
$ 84.4k

10.6yrs

Average Tenure

62yo

Average Age

Experienced Board: PWOD's board of directors are seasoned and experienced ( 10.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: PWOD 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

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$150.376m
  • Shares outstanding: 7.05m
  • Website: https://www.pwod.com

Number of Employees


Location

  • Penns Woods Bancorp, Inc.
  • 300 Market Street
  • PO Box 967
  • Williamsport
  • Pennsylvania
  • 17703-0967
  • United States

Listings

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

Biography

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 Analysis2020/08/14 12:20
End of Day Share Price2020/08/13 00:00
Earnings2020/06/30
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.