OTCPK:PSBP

Stock Analysis Report

Executive Summary

PSB Holding Corp. operates as the holding company for Provident State Bank, Inc.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Risks

  • PSB Holding is not covered by any analysts.

Similar Companies

Share Price & News

How has PSB Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:PSBP

0.3%

US Banks

0.9%

US Market


1 Year Return

n/a

OTCPK:PSBP

-13.6%

US Banks

0.3%

US Market

No trading data on PSBP.

No trading data on PSBP.


Share holder returns

PSBPIndustryMarket
7 Day0%0.3%0.9%
30 Day1.9%-5.1%-1.9%
90 Day7.4%-3.5%1.6%
1 Yearn/a-11.2%-13.6%2.6%0.3%
3 Yearn/a43.6%33.7%41.0%31.8%
5 Yearn/a53.7%37.0%55.2%38.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is PSB Holding undervalued based on future cash flows and its price relative to the stock market?

12.1x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

PSB Holding's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

PSB Holding's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

PSB Holding is good value based on earnings compared to the US Banks industry average.

PSB Holding is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for PSB Holding, we can't assess if its growth is good value.


Price Based on Value of Assets

PSB Holding is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is PSB Holding expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if PSB Holding is high growth as no revenue estimate data is available.

PSB Holding's earnings are expected to grow by 8.5% yearly, however this is not considered high growth (20% yearly).

Unable to compare PSB Holding's revenue growth to the United States of America market average as no estimate data is available.

PSB Holding's earnings growth is positive but not above the United States of America market average.

PSB Holding's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if PSB Holding will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has PSB Holding performed over the past 5 years?

30.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

PSB Holding has delivered over 20% year on year earnings growth in the past 5 years.

PSB Holding's 1-year earnings growth is less than its 5-year average (17.7% vs 30.6%)

PSB Holding's earnings growth has not exceeded the US Banks industry average in the past year (17.7% vs 33.2%).


Return on Equity

PSB Holding has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

PSB Holding used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if PSB Holding improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is PSB Holding'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

Information is not available.

Information is not available.


Financial Institutions Analysis

PSB Holding has an acceptable proportion of non-loan assets held.

PSB Holding has a sufficient allowance for bad loans.

PSB Holding's liabilities are made up of primarily low risk sources of funding.

PSB Holding's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at PSB Holding are broadly funded by customer deposits.

PSB Holding has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is PSB Holding's current dividend yield, its reliability and sustainability?

1.82%

Current Dividend Yield


Dividend Yield and Payments Analysis

PSB Holding's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

PSB Holding's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

It is too early to tell whether PSB Holding has stable dividend payments.

PSB Holding only just started paying a dividend, it is too early to tell if payments are increasing.


Current Payout to Shareholders

Dividends paid are well covered by earnings (4.5x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of PSB Holding's salary, the management and board of directors tenure and is there insider trading?

2.6yrs

Average board tenure


CEO

Melissa Quirk (60yo)

0.0yrs

Tenure

0

Ms. Melissa A. Quirk serves as the Chief Executive Officer & President at PSB Holding Corp. and its subsidiary Provident State Bank, Inc. Ms. Quirk served as Executive Vice President & Chief Operating Off ...


Board Age and Tenure

2.6yrs

Average Tenure

The average tenure for the PSB Holding board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Melissa Quirk (60yo)

    CEO & President

    • Tenure: 0.0yrs
  • Mary Hutchison

    Assistant Secretary

    • Tenure: 0.0yrs
  • Karen Holloman

    Assistant Secretary

    • Tenure: 0.0yrs

Board Members

  • David Nagel (77yo)

    Director Emeritus

    • Tenure: 1.3yrs
  • Russell Stevens

    Director

    • Tenure: 0.0yrs
  • William Wood

    Director Emeritus

    • Tenure: 0.0yrs
  • Gregory Whitten

    Director

    • Tenure: 0.0yrs
  • Keith McMahan

    Vice Chairman of the Board

    • Tenure: 0.0yrs
  • John Ireland

    Director

    • Tenure: 13.6yrs
  • Dwight Miller

    Director

    • Tenure: 0.0yrs
  • P. Marshall

    Director

    • Tenure: 0.0yrs
  • Geoff Turner

    Director

    • Tenure: 2.6yrs
  • William Duncan

    Director

    • Tenure: 0.0yrs

Company Information

PSB Holding Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PSB Holding Corp.
  • Ticker: PSBP
  • Exchange: OTCPK
  • Founded: 1904
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$39.065m
  • Shares outstanding: 1.42m
  • Website: https://www.providentstatebank.com

Location

  • PSB Holding Corp.
  • 312 Main Street
  • PO Box 219
  • Preston
  • Maryland
  • 21655
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PSBPOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMay 2018

Biography

PSB Holding Corp. operates as the holding company for Provident State Bank, Inc. that provides various banking products and services to individuals, small businesses, associations, and government entities. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 00:58
End of Day Share Price2019/08/02 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.