NasdaqGS:PWOD

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.

Snowflake

Fundamentals

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


Market Performance


7 Day Return

0.6%

PWOD

2.7%

US Banks

0.5%

US Market


1 Year Return

11.1%

PWOD

2.9%

US Banks

6.8%

US Market

Return vs Industry: PWOD exceeded the US Banks industry which returned 2.9% over the past year.

Return vs Market: PWOD exceeded the US Market which returned 6.8% over the past year.


Shareholder returns

PWODIndustryMarket
7 Day0.6%2.7%0.5%
30 Day-2.7%1.1%-0.8%
90 Day-0.3%2.7%-0.9%
1 Year16.2%11.1%5.8%2.9%9.2%6.8%
3 Year18.5%4.2%52.0%41.5%45.6%36.2%
5 Year25.3%0.9%69.2%50.7%63.2%45.4%

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?

13.03x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PWOD ($30) is trading above our estimate of fair value ($18.32)

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 (13x) compared to the Banks industry average (12.5x).

PE vs Market: PWOD is good value based on its PE Ratio (13x) compared to the US market (17.7x).


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?

0.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PWOD's forecast earnings growth (0.7% per year) is below the savings rate (2.7%).

Earnings vs Market: PWOD's earnings (0.7% per year) are forecast to grow slower than the US market (14.6% per year).

High Growth Earnings: PWOD's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if PWOD's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if PWOD's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PWOD's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

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

-2.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PWOD's earnings have declined by -2.3% per year over the past 5 years.

Accelerating Growth: PWOD's earnings growth over the past year (51.6%) exceeds its 5-year average (-2.3% per year).

Earnings vs Industry: PWOD earnings growth over the past year (51.6%) exceeded the Banks industry 29.7%.


Return on Equity

High ROE: PWOD's Return on Equity (10.7%) is considered low.


Return on Assets

ROA vs Industry: PWOD's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate PWOD's Return on Capital Employed to determine if it has improved over the past 3 years.


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 (1.12%)


Next Steps

Dividend

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

4.18%

Current Dividend Yield


Dividend Yield vs Market

company4.2%marketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: PWOD's dividend (4.18%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: PWOD's dividend (4.18%) is in the top 25% of dividend payers in the US market (3.73%)

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 (54.4%), 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

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

3.5yrs

Average management tenure


CEO

Dick Grafmyre (65yo)

9yrs

Tenure

US$1,061,642

Compensation

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 ($USD1.06M) is about average for companies of similar size in the US market ($USD1.16M).

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


Management Age and Tenure

3.5yrs

Average Tenure

49yo

Average Age

Experienced Management: PWOD's management team is considered experienced (3.5 years average tenure).


Board Age and Tenure

13.8yrs

Average Tenure

65.5yo

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$16,96809 Sep 19
Charles Kranich
EntityIndividual
Shares600
Max PriceUS$28.28
BuyUS$4,55106 Mar 19
Cameron Kephart
EntityIndividual
Shares150
Max PriceUS$30.34
BuyUS$12,34326 Feb 19
John Nackley
EntityIndividual
Shares450
Max PriceUS$27.43
BuyUS$9,75619 Feb 19
Joseph Kluger
EntityIndividual
Role
Vice Chairman
Vice Chairman of the Board
Shares370.5
Max PriceUS$26.33
BuyUS$107,15707 Feb 19
R. Nestlerode
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares4,155
Max PriceUS$25.86
BuyUS$36,02504 Feb 19
D. Hawbaker
EntityIndividual
Shares1,500
Max PriceUS$24.02
BuyUS$26,91004 Feb 19
Richard Grafmyre
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares1,125
Max PriceUS$23.92
BuyUS$18,00004 Feb 19
James Furey
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares750
Max PriceUS$24.00
BuyUS$63,29704 Feb 19
William Edwards
EntityIndividual
Shares2,625
Max PriceUS$24.11
BuyUS$36,45004 Feb 19
Michael Casale
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,500
Max PriceUS$24.33
BuyUS$6,10804 Feb 19
Aron Carter
EntityIndividual
Role
Senior Key Executive
Senior VP & Chief Risk Officer
Shares253.5
Max PriceUS$24.09
BuyUS$20,13930 Oct 18
Richard Grafmyre
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares750
Max PriceUS$26.85

Ownership Breakdown


Management Team

  • Brian Knepp (44yo)

    President

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

    Senior VP

    • Tenure: 3.6yrs
    • Compensation: US$212.46k
  • Dick Grafmyre (65yo)

    CEO & Director

    • Tenure: 9yrs
    • 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
  • Aaron Cunningham

    Chief Credit Officer & Senior VP

    • Tenure: 3.5yrs
  • Bill Mauck

    SVP of Deposit Ops

    • Tenure: 3.3yrs
  • Roxanna Chapman

    Senior Vice President of Loan Operations

    • Tenure: 3.3yrs
  • 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)

    Director

    • 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)

    President

    • 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: 9yrs
    • 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$211.182m
  • Shares outstanding: 7.04m
  • Website: https://www.pwod.com

Number of Employees


Location

  • Penns Woods Bancorp, Inc.
  • 300 Market Street
  • PO Box 967
  • Williamsport
  • Pennsylvania
  • 17703
  • 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 Analysis2019/10/20 23:42
End of Day Share Price2019/10/18 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.