OTCPK:PBKX

Stock Analysis Report

Partners Bank of California

Executive Summary

Partners Bank of California provides personal and business banking products and services for individuals and businesses in California.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.

Share Price & News

How has Partners Bank of California's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

PBKX

1.7%

US Banks

1.3%

US Market


1 Year Return

-3.7%

PBKX

0.3%

US Banks

5.9%

US Market

Return vs Industry: PBKX underperformed the US Banks industry which returned 0.3% over the past year.

Return vs Market: PBKX underperformed the US Market which returned 5.9% over the past year.


Shareholder returns

PBKXIndustryMarket
7 Day0%1.7%1.3%
30 Day0%-2.4%-1.9%
90 Dayn/a1.0%-1.8%
1 Year-3.7%-3.7%3.2%0.3%8.3%5.9%
3 Year63.6%63.6%52.1%41.7%45.6%36.2%
5 Year200.0%200.0%69.8%51.4%66.1%47.9%

Price Volatility Vs. Market

How volatile is Partners Bank of California's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Partners Bank of California undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Partners Bank of California is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Partners Bank of California has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at Partners Bank of California's' forecasted future earnings and revenues from industry analysts to understand how the company is expected to perform in the future against its competitors and the wider market.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Partners Bank of California regulatory filings here.
  • Explore potentially undervalued companies in the Banks industry.

Future Growth

How is Partners Bank of California forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PBKX's forecast earnings growth (20.7% per year) is above the savings rate (2.7%).

Earnings vs Market: PBKX's earnings (20.7% per year) are forecast to grow faster than the US market (14.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Partners Bank of California performed over the past 5 years?

-7.4%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if PBKX's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: PBKX had negative earnings growth (-7.4%) over the past year, making it difficult to compare to the Banks industry average (31.8%).


Return on Equity

High ROE: PBKX's Return on Equity (4.3%) is considered low.


Return on Assets

ROA vs Industry: PBKX'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 PBKX's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Partners Bank of California'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: PBKX has a low level of unsold assets or inventory.

Debt Coverage by Assets: PBKX's debt is covered by short term assets (assets are 1.039100x debt).


Financial Institutions Analysis

Asset Level: PBKX's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if PBKX has a sufficient allowance for bad loans.

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

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

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

Level of Bad Loans: Insufficient data to determine if PBKX has an appropriate level of bad loans.


Next Steps

Dividend

What is Partners Bank of California's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate PBKX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PBKX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if PBKX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PBKX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PBKX's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Partners Bank of California's salary, the management and board of directors tenure and is there insider trading?


CEO

Chris Walsh (61yo)

0.9yrs

Tenure

0

Mr. John Christopher Walsh, also known as Chris, has been President of Partners Bank of California since June 2018 and has been its Chief Executive Officer since November 2018. Mr. Walsh comes to the Partn ...


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Mike Chambers

    Chief Banking Officer & Executive VP

    • Tenure: 0yrs
  • Kirk Colburn (53yo)

    Executive VP & CFO

    • Tenure: 0yrs
  • Matthew Terry

    VP of Marketing & Media Relations Officer

    • Tenure: 0yrs
  • H. Falk

    Chief Credit Officer & Executive VP

    • Tenure: 1.3yrs
  • Chris Walsh (61yo)

    President & CEO

    • Tenure: 0.9yrs

Board Members

  • Mike Ahmar (58yo)

    Chairman

    • Tenure: 0yrs
  • Randy Redwitz (72yo)

    Vice Chairman of the Board

    • Tenure: 0yrs
  • Vic Cachia

    Director

    • Tenure: 0yrs
  • Rodney McDermott (53yo)

    Director

    • Tenure: 0yrs
  • Bob Anderson

    Director

    • Tenure: 0yrs
  • John Shammas

    Director

    • Tenure: 0yrs
  • James Verbeerst

    Director

    • Tenure: 0yrs
  • James Bredenkamp

    Director

    • Tenure: 0yrs
  • Sami Beydoun

    Director

    • Tenure: 2.8yrs

Company Information

Partners Bank of California's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Partners Bank of California
  • Ticker: PBKX
  • Exchange: OTCPK
  • Founded: 2007
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$38.009m
  • Shares outstanding: 4.22m
  • Website: https://www.partnersbankca.com

Location

  • Partners Bank of California
  • 27201 Puerta Real
  • Suite 160
  • Mission Viejo
  • California
  • 92691
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PBKXOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 2009

Biography

Partners Bank of California provides personal and business banking products and services for individuals and businesses in California. Its personal banking products and services include checking accounts,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 00:13
End of Day Share Price2019/10/07 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.