|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||10.97|
|Earnings Date||Aug 9, 2017 - Aug 14, 2017|
|Dividend & Yield||0.80 (3.09%)|
|1y Target Est||N/A|
This dividend payment is the same as the previous quarter and also represents a $0.01 increase when compared to the 2nd quarter payout amount for 2016. This dividend payment brings the year-to-date total to $0.40 per share, as compared to $0.38 for the same period in 2016, which is an increase of 5.26% to shareholders. The dividend also represents an annualized return on investment to shareholders of 3.11% based on the current market value of the Company's stock, as of the date of this release. Pioneer Bankshares, Inc. is a one bank holding company located in Virginia. The corporate office and main branch are located in Stanley, Virginia, with other offices located in Shenandoah, Luray, Harrisonburg, Stanardsville, Ruckersville, and Charlottesville, Virginia. The Bank also operates a small consumer loan finance company known as Valley Finance Services, a Division of Pioneer Bank, which specializes in consumer and auto lending.
Categories: Yahoo FinancePioneer Bankshares, Inc. relative valuation is OVERVALUED and it has a fundamental analysis score of 57. Our analysis is based on comparing Pioneer Bankshares, Inc. with the following peers – National Bankshares, Inc., Fulton Financial Corporation, Peoples Financial Services Corp., Pacific Continental Corporation, Peoples Bancorp Inc., CenterState Banks, Inc. and Patriot National Bancorp, Inc. (NKSH-US, ... Read more (Read more...)
STANLEY, Va., April 27, 2017 /PRNewswire/ -- Pioneer Bankshares, Inc., (OTC Bulletin Board: PNBI) parent company of Pioneer Bank, reported unaudited consolidated net income for the 1st quarter of 2017 of $636,000 or $0.66 per share as compared to $419,000 or $0.43 per share for the 1st quarter of 2016. The Company's 1st quarter earnings for 2017 resulted in an increase of $217,000 or 52%, as compared to the 1st quarter earnings for 2016. The overall net increase in earnings is primarily attributed to realized gains on securities transactions, decreases in operational expenses and a reduction in the provision for loan loss funding. The Company's subsidiary, Pioneer Bank, had loan growth of $2.3 million or 1.45% during the 1st quarter of 2017 and a total of $9.0 million in loan growth as compared to the first quarter of 2016. The total loan portfolio as of March 31, 2017 was $163.1 million. The bank has also increased its deposits by $3.6 million during the 1st quarter of 2017, with a total of $12.9 million or 8.64% in deposit growth since the first quarter of 2016. Total deposits for the period ending March 31, 2017 were $162.5 million. The Company's consolidated total assets as of March 31, 2017 were $198.3 million compared to $191.3 million as of March 31, 2016 and $194.9 million as of December 31, 2016.