OTCPK:PBNK

Stock Analysis Report

Executive Summary

Pinnacle Bank provides various depository and credit services in Santa Clara, San Benito, and Monterey counties.

Snowflake

Fundamentals

Acceptable track record and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

2.6%

PBNK

2.7%

US Banks

0.4%

US Market


1 Year Return

-11.5%

PBNK

2.7%

US Banks

6.9%

US Market

Return vs Industry: PBNK underperformed the US Banks industry which returned 2.7% over the past year.

Return vs Market: PBNK underperformed the US Market which returned 6.9% over the past year.


Shareholder returns

PBNKIndustryMarket
7 Day2.6%2.7%0.4%
30 Day2.6%0.2%-1.2%
90 Day-1.8%2.9%-0.4%
1 Year-11.5%-11.5%5.7%2.7%9.3%6.9%
3 Year66.5%66.5%52.1%41.6%45.8%36.4%
5 Year81.6%81.6%69.2%50.7%62.9%45.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Pinnacle Bank undervalued compared to its fair value and its price relative to the market?

10.06x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate PBNK's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate PBNK's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PBNK is good value based on its PE Ratio (10.1x) compared to the Banks industry average (12.6x).

PE vs Market: PBNK is good value based on its PE Ratio (10.1x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: Insufficient data to calculate PBNK's PB Ratio to determine if it is good value.


Next Steps

Future Growth

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

0.9%

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 Pinnacle Bank 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

  • Take a look at our analysis of PBNK’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Pinnacle Bank's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has Pinnacle Bank performed over the past 5 years?

25.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PBNK's earnings have grown significantly by 25.2% per year over the past 5 years.

Accelerating Growth: PBNK's earnings growth over the past year (40.3%) exceeds its 5-year average (25.2% per year).

Earnings vs Industry: PBNK earnings growth over the past year (40.3%) exceeded the Banks industry 29.6%.


Return on Equity

High ROE: Insufficient data to calculate PBNK's Return on Equity to determine if it is high.


Return on Assets

ROA vs Industry: Insufficient data to calculate PBNK's Return on Assets to determine if it is higher than the Banks industry average last year.


Return on Capital Employed

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


Next Steps

Financial Health

How is Pinnacle Bank's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Pinnacle Bank's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Pinnacle Bank has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of PBNK’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Pinnacle Bank's financial data was last updated here.
  • Explore more healthy companies in the Banks industry.

Dividend

What is Pinnacle Bank's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate PBNK'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 PBNK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PBNK'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 PBNK'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 Pinnacle Bank's salary, the management and board of directors tenure and is there insider trading?

10.0yrs

Average management tenure


CEO

Jeff Payne 0

2.7yrs

Tenure

0

Mr. Jeffrey D. Payne, also known as Jeff, has been the Chief Executive Officer and President of Pinnacle Bank since February 1, 2017. Mr. Payne served as Chief Banking Officer of Pinnacle Bank from June 16 ...


Management Age and Tenure

10.0yrs

Average Tenure

62yo

Average Age

Experienced Management: PBNK's management team is seasoned and experienced (10 years average tenure).


Board Age and Tenure

2.7yrs

Average Tenure

63yo

Average Age

Experienced Board: PBNK's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Insider Trading

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


Ownership Breakdown


Management Team

  • Susan Black (69yo)

    Founder & Chairman

    • Tenure: 1.7yrs
  • Bruce Kendall (62yo)

    Executive VP & CFO

    • Tenure: 0yrs
  • Robert Blatter (58yo)

    Chief Credit Officer & Executive VP

    • Tenure: 12.7yrs
  • Steve Wotherspoon

    Senior VP & Real Estate Manager

    • Tenure: 0yrs
  • Denise Brown

    Executive VP & Chief Administrative Officer

    • Tenure: 0yrs
  • Doug Moffat

    Executive VP & Regional President

    • Tenure: 11.3yrs
  • Cliff Dennett

    Executive VP & Senior Lending Officer

    • Tenure: 0yrs
  • Jessica Chavez

    Chief Risk Officer & Executive VP

    • Tenure: 8.8yrs
  • Jeff Payne

    President

    • Tenure: 2.7yrs
  • Sandy Plumeau

    Investor Relations Contact

    • Tenure: 0yrs

Board Members

  • Susan Black (69yo)

    Founder & Chairman

    • Tenure: 1.7yrs
  • Dave Scoffone (63yo)

    Director

    • Tenure: 0yrs
  • Edward Rossi (62yo)

    Director

    • Tenure: 13.8yrs
  • Allen Greco

    Vice Chairman

    • Tenure: 0yrs
  • Jeff Payne

    President

    • Tenure: 2.7yrs
  • Sam Bozzo

    Chairman of Gilroy Advisory Board

    • Tenure: 0yrs
  • Paul Bruno

    Director

    • Tenure: 5.6yrs
  • Patty Filice

    Chairman of Morgan Hill Advisory Board & Director

    • Tenure: 0yrs
  • Mike Boerlin

    Chairman of Monterey County Advisory Board

    • Tenure: 0yrs
  • Peter Rehon

    Chairman of the Morgan Hill Advisory Board

    • Tenure: 1.8yrs

Company Information

Pinnacle Bank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pinnacle Bank
  • Ticker: PBNK
  • Exchange: OTCPK
  • Founded: 2005
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$62.155m
  • Shares outstanding: 5.22m
  • Website: https://www.pinnacle.bank

Location

  • Pinnacle Bank
  • 18181 Butterfield Boulevard
  • Suite 135
  • Morgan Hill
  • California
  • 95037
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PBNKOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 2007

Biography

Pinnacle Bank provides various depository and credit services in Santa Clara, San Benito, and Monterey counties. It offers checking, savings, money market, business sweep, and individual retirement account ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 23:57
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.