OTCPK:PCLB

Stock Analysis Report

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Executive Summary

Pinnacle Bancshares, Inc. operates as the bank holding company for Pinnacle Bank that provides various banking products and services in Alabama.


Snowflake Analysis

Solid track record with adequate balance sheet and pays a dividend.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

PCLB

3.9%

US Banks

2.5%

US Market


1 Year Return

1.2%

PCLB

-20.0%

US Banks

16.3%

US Market

Return vs Industry: PCLB exceeded the US Banks industry which returned -20% over the past year.

Return vs Market: PCLB underperformed the US Market which returned 16.3% over the past year.


Shareholder returns

PCLBIndustryMarket
7 Day0%3.9%2.5%
30 Day1.2%9.5%5.6%
90 Dayn/a7.2%16.4%
1 Year4.0%1.2%-17.2%-20.0%18.8%16.3%
3 Year31.7%22.8%-9.1%-16.4%45.1%35.7%
5 Year65.6%48.1%13.9%0.02%75.8%56.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

20.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PCLB ($28.5) is trading below our estimate of fair value ($35.65)

Significantly Below Fair Value: PCLB is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PCLB is poor value based on its PE Ratio (10.2x) compared to the US Banks industry average (9.9x).

PE vs Market: PCLB is good value based on its PE Ratio (10.2x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PCLB is overvalued based on its PB Ratio (0.9x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

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

26.7%

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 Bancshares 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

  • Examine whether Pinnacle Bancshares is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Pinnacle Bancshares's filings and announcementshere.
  • Explore growth companies in the Banks industry.

Past Performance

How has Pinnacle Bancshares performed over the past 5 years?

5.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PCLB has high quality earnings.

Growing Profit Margin: PCLB's current net profit margins (29.2%) are higher than last year (27.1%).


Past Earnings Growth Analysis

Earnings Trend: PCLB's earnings have grown by 5.7% per year over the past 5 years.

Accelerating Growth: PCLB's earnings growth over the past year (15.5%) exceeds its 5-year average (5.7% per year).

Earnings vs Industry: PCLB earnings growth over the past year (15.5%) exceeded the Banks industry -2.9%.


Return on Equity

High ROE: PCLB's Return on Equity (9.3%) is considered low.


Next Steps

Financial Health

How is Pinnacle Bancshares'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: PCLB's Assets to Equity ratio (7.6x) is low.

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

Low Risk Liabilities: 97% of PCLB's liabilities are made up of primarily low risk sources of funding.

Loan Level: PCLB has an appropriate level of Loans to Assets ratio (45%).

Low Risk Deposits: PCLB's Loans to Deposits ratio (54%) is appropriate.

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


Next Steps

Dividend

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

2.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PCLB's dividend (2.67%) is higher than the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: PCLB's dividend (2.67%) is low compared to the top 25% of dividend payers in the US market (4.36%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.4%), PCLB's dividend payments are well 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?

20.9yrs

Average board tenure


CEO

Bob Nolen (61 yo)

26.58yrs

Tenure

US$264,348

Compensation

Mr. Robert B. Nolen, also known as Bob, Jr. has been President and Chief Executive Officer of Pinnacle Bank and Pinnacle Bancshares Inc., since 1994 and also has been its Principal Financial Officer since ...


CEO Compensation Analysis

Compensation vs Market: Bob's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD594.10K).

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


Board Members

NamePositionTenureCompensationOwnership
Robert Nolen
President26.58yrsUS$264.35k2.36%
$ 663.2k
Albert Simmons
Independent Director41.58yrsUS$12.60k2.33%
$ 654.3k
Sam Murphy
Independent Director39.58yrsUS$13.00k3.71%
$ 1.0m
Greg Batchelor
Independent Director37.58yrsUS$14.20k5.07%
$ 1.4m
O. Brown
Independent Director31.58yrsUS$17.40k0.47%
$ 130.8k
James Cannon
Independent Chairman of the Board15.25yrsUS$30.00k1.36%
$ 383.6k
William Humphries
Independent Director13yrsUS$12.80k1.57%
$ 440.2k
David Kilgore
Independent Director10.25yrsUS$14.44k0.52%
$ 145.7k
Edward Jackson
Independent Director3.58yrsUS$12.60k0.80%
$ 226.0k
Robin Allen
Independent Director3.58yrsUS$6.00k0.34%
$ 95.2k

20.9yrs

Average Tenure

70yo

Average Age

Experienced Board: PCLB's board of directors are seasoned and experienced ( 20.9 years average tenure).


Ownership

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


Insider Trading Volume

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


Ownership Breakdown

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


Top Shareholders

Company Information

Pinnacle Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pinnacle Bancshares, Inc.
  • Ticker: PCLB
  • Exchange: OTCPK
  • Founded: 1997
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$28.115m
  • Shares outstanding: 986.51k
  • Website: https://www.pinnaclebancshares.com

Location

  • Pinnacle Bancshares, Inc.
  • 1811 Second Avenue
  • Jasper
  • Alabama
  • 35501
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PCLBOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 1986

Biography

Pinnacle Bancshares, Inc. operates as the bank holding company for Pinnacle Bank that provides various banking products and services in Alabama. The company offers savings accounts, and demand and time dep ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/09 00:00
End of Day Share Price2020/08/07 00:00
Earnings2019/09/30
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.