Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

Pathfinder Bancorp, Inc. (PBHC)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$34.29 - $91.54$52.53
Multi-Stage$23.49 - $25.66$24.55
Blended Fair Value$38.54
Current Price$15.68
Upside145.81%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS16.86%22.36%0.500.460.430.300.240.230.220.190.180.13
YoY Growth--8.73%7.36%43.35%24.98%4.22%6.44%15.95%2.08%42.20%92.72%
Dividend Yield--3.04%3.77%2.48%1.36%1.63%2.15%1.65%1.20%1.25%1.16%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)6.91
(-) Cash Dividends Paid (M)1.82
(=) Cash Retained (M)5.09
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1.380.860.52
Cash Retained (M)5.095.095.09
(-) Cash Required (M)-1.38-0.86-0.52
(=) Excess Retained (M)3.714.224.57
(/) Shares Outstanding (M)4.754.754.75
(=) Excess Retained per Share0.780.890.96
LTM Dividend per Share0.380.380.38
(+) Excess Retained per Share0.780.890.96
(=) Adjusted Dividend1.161.271.35
WACC / Discount Rate9.08%9.08%9.08%
Growth Rate5.50%6.50%7.50%
Fair Value$34.29$52.53$91.54
Upside / Downside118.68%235.04%483.78%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)6.917.367.848.358.899.479.75
Payout Ratio26.39%39.11%51.83%64.56%77.28%90.00%92.50%
Projected Dividends (M)1.822.884.065.396.878.529.02

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.08%9.08%9.08%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)2.612.642.66
Year 2 PV (M)3.353.423.48
Year 3 PV (M)4.044.154.27
Year 4 PV (M)4.674.855.04
Year 5 PV (M)5.265.525.78
PV of Terminal Value (M)91.6796.10100.69
Equity Value (M)111.61116.68121.93
Shares Outstanding (M)4.754.754.75
Fair Value$23.49$24.55$25.66
Upside / Downside49.78%56.58%63.63%

High-Yield Dividend Screener

« Prev Page 5 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
U11.SIUnited Overseas Bank Limited11.62%$4.1058.46%
9543.SRSaudi Networkers Services Company11.60%$8.7072.96%
0688.HKChina Overseas Land & Investment Limited11.57%$1.4538.43%
0QKP.LPhoenix Mecano AG11.55%$51.5065.02%
601668.SSChina State Construction Engineering Corporation Limited11.55%$0.5954.79%
5983.KLMBM Resources Bhd11.49%$0.6069.77%
601800.SSChina Communications Construction Company Limited11.48%$0.9576.83%
0440.HKDah Sing Financial Holdings Limited11.45%$4.0834.85%
H02.SIHaw Par Corporation Limited11.39%$1.8082.18%
EDV.AXEndeavour Group Limited11.35%$0.4279.74%
102260.KSDongsung Chemical Co., Ltd.11.33%$470.0161.08%
092230.KSKPX Holdings Co.,Ltd.11.32%$8,125.9434.75%
9909.HKPowerlong Commercial Management Holdings Limited11.28%$0.2829.74%
SVR.AXSolvar Limited11.25%$0.2083.01%
HOLCO.ASHolland Colours N.V.11.23%$9.8877.82%
RBN-UN.TOBlue Ribbon Income Fund11.23%$0.9343.10%
0066.HKMTR Corporation Limited11.22%$3.3977.76%
3360.HKFar East Horizon Limited11.17%$0.8944.98%
0934.HKSinopec Kantons Holdings Limited11.16%$0.4758.03%
317400.KSXi S&D Inc.11.16%$481.1664.89%
0146.HKTai Ping Carpets International Limited11.12%$0.2151.92%
096760.KSJW Holdings Corporation11.12%$390.8363.07%
3868.HKXinyi Energy Holdings Limited11.12%$0.1360.32%
BMW3.DEBayerische Motoren Werke AG11.11%$10.5291.60%
1109.HKChina Resources Land Limited11.09%$3.0736.44%
2380.HKChina Power International Development Limited11.08%$0.3656.67%
3900.HKGreentown China Holdings Limited11.07%$0.9398.98%
600016.SSChina Minsheng Banking Corp., Ltd.11.06%$0.4261.11%
BFG.AXBell Financial Group Limited11.06%$0.1590.20%
1571.HKXin Point Holdings Limited11.03%$0.4241.05%
601577.SSBank of Changsha Co., Ltd.11.03%$1.0752.50%
IMMOU.BRImmo Moury SCA11.02%$3.5993.20%
2555.HKSichuan Baicha Baidao Industrial Co., Ltd.11.00%$0.7076.19%
POMO3.SAMarcopolo S.A.10.98%$0.6158.30%
IEL.AXIDP Education Limited10.96%$0.6398.92%
1579.HKYihai International Holding Ltd.10.95%$1.4288.97%
SPTO.JKPT Surya Pertiwi Tbk10.93%$70.5268.08%
TOTG.OLTotens Sparebank10.91%$31.6287.19%
1052.HKYuexiu Transport Infrastructure Limited10.89%$0.5162.60%
601919.SSCOSCO SHIPPING Holdings Co., Ltd.10.89%$1.6567.32%
DETEC.HEDetection Technology Oyj10.89%$1.2399.18%
018500.KSDongwon Metal Co., Ltd.10.86%$150.3024.83%
3799.HKDali Foods Group Company Limited10.86%$0.4172.83%
EBRO.MCEbro Foods, S.A.10.86%$2.0177.79%
023590.KSDaou Technology Inc.10.85%$4,297.7041.75%
0392.HKBeijing Enterprises Holdings Limited10.84%$3.4643.30%
NOVC.DENovo Nordisk A/S10.83%$9.9046.60%
0408.HKYip's Chemical Holdings Limited10.81%$0.2048.65%
4342.SRJadwa Investment - Jadwa Reit Saudi Fund10.80%$1.2085.91%
RIAS-B.CORIAS A/S10.79%$73.9373.44%