OTCPK:PONB

Stock Analysis Report

Executive Summary

Pioneer Bancshares, Inc., through its subsidiary, provides various financial products and services for small- to medium-size businesses and consumers.

Snowflake

Fundamentals

Flawless balance sheet with limited growth.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

PONB

2.9%

US Banks

0.07%

US Market


1 Year Return

-1.8%

PONB

8.6%

US Banks

8.9%

US Market

Return vs Industry: PONB underperformed the US Banks industry which returned 8.6% over the past year.

Return vs Market: PONB underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

PONBIndustryMarket
7 Day0%2.9%0.07%
30 Day2.1%3.4%-0.3%
90 Day0.7%2.1%-1.6%
1 Year-1.8%-1.8%11.8%8.6%11.3%8.9%
3 Yearn/a54.8%44.1%46.3%36.8%
5 Yearn/a70.2%51.6%62.1%44.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

24.15x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PONB ($27) is trading above our estimate of fair value ($5.26)

Significantly Below Fair Value: PONB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PONB is poor value based on its PE Ratio (24.2x) compared to the Banks industry average (12.6x).

PE vs Market: PONB is poor value based on its PE Ratio (24.2x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PONB is good value based on its PB Ratio (1.2x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

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

18.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PONB's forecast earnings growth (18.8% per year) is above the savings rate (2.7%).

Earnings vs Market: PONB's earnings (18.8% per year) are forecast to grow faster than the US market (14.5% per year).

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

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

High Growth Revenue: Insufficient data to determine if PONB'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 PONB's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Pioneer Bancshares performed over the past 5 years?

-4.5%

Last years revenue growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Accelerating Growth: PONB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PONB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (29.7%).


Return on Equity

High ROE: PONB's Return on Equity (4.8%) is considered low.


Return on Assets

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


Next Steps

Financial Health

How is Pioneer 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

Inventory Level: PONB has a low level of unsold assets or inventory.

Debt Coverage by Assets: PONB's debt is not covered by short term assets (assets are 0.6x debt).


Financial Institutions Analysis

Asset Level: PONB's level of assets compared to its equity is moderate.

Allowance for Bad Loans: PONB has a sufficient allowance for bad loans.

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

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

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

Level of Bad Loans: PONB has an appropriate level of bad loans (0.51%)


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

3.2yrs

Average management tenure


CEO

Ron Coben (61yo)

3.2yrs

Tenure

0

Mr. Ronald D. Coben, also known as Ron has been the Chief Executive Officer and President of Pioneer Bank since January 4, 2017 and served as its Interim Chief Executive Officer from August 15, 2016 to Jan ...


Management Age and Tenure

3.2yrs

Average Tenure

60yo

Average Age

Experienced Management: PONB's management team is considered experienced (3.2 years average tenure).


Board Age and Tenure

6.8yrs

Average Tenure

47yo

Average Age

Experienced Board: PONB's board of directors are considered experienced (6.8 years average tenure).


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

  • Ron Coben (61yo)

    President

    • Tenure: 3.2yrs
  • Larry Lehman (58yo)

    Chief Financial Officer

    • Tenure: 2.8yrs
  • Cathy Williams

    • Tenure: 0yrs
  • John Danielson (60yo)

    Commercial Market President- San Antonio

    • Tenure: 0yrs
  • Tim Stubenrouch

    Commercial Market President of Houston

    • Tenure: 0yrs
  • Pam Cantu

    Investor Relations

    • Tenure: 3.8yrs
  • Joni Phariss

    Chief Administrative Officer

    • Tenure: 0yrs
  • Will Bowles

    Chief Credit Officer

    • Tenure: 0yrs
  • Danny Schroder

    Commercial Market President of Houston

    • Tenure: 0yrs
  • David Webster

    Regional President of Houston

    • Tenure: 0yrs

Board Members

  • Ron Coben (61yo)

    President

    • Tenure: 3.2yrs
  • Isabella C. Cunningham (77yo)

    Director

    • Tenure: 6.8yrs
  • Kevin Hammond (38yo)

    Director

    • Tenure: 6.8yrs
  • Jack Seifrick

    Director

    • Tenure: 0yrs
  • Francisco Rodriguez (47yo)

    Director

    • Tenure: 3.8yrs
  • John Miller (40yo)

    Director

    • Tenure: 6.8yrs
  • Whit Hanks

    Director

    • Tenure: 0yrs
  • Mike Figer

    Director

    • Tenure: 0yrs
  • Craig Koenig

    Director

    • Tenure: 0yrs
  • Fran Wiatr

    Director

    • Tenure: 3.8yrs

Company Information

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


Key Information

  • Name: Pioneer Bancshares, Inc.
  • Ticker: PONB
  • Exchange: OTCPK
  • Founded:
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$167.650m
  • Shares outstanding: 6.21m
  • Website: https://pioneer.bank

Location

  • Pioneer Bancshares, Inc.
  • 623 West 38th Street
  • Austin
  • Texas
  • 78705
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PONBOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 2016

Biography

Pioneer Bancshares, Inc., through its subsidiary, provides various financial products and services for small- to medium-size businesses and consumers. The company offers deposits, such as checking, savings ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 00:39
End of Day Share Price2019/10/21 00:00
Earnings2018/12/31
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.