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Penns Woods Bancorp (PWOD)

Penns Woods Bancorp, Inc. is the bank holding company for Jersey Shore State Bank and Luzerne Bank. The banks serve customers in North Central and North Eastern Pennsylvania through their retail banking, commercial banking, mortgage services and financial services divisions.

Company profile

Ticker
PWOD
Exchange
Website
CEO
Richard A. Grafmyre
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Subsidiaries
Woods Real Estate Development Company, Inc. • Woods Investment Company, Inc. • United Insurance Solutions, LLC ...
IRS number
232226454

PWOD stock data

Calendar

8 Aug 22
19 Aug 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 90.99M 90.99M 90.99M 90.99M 90.99M 90.99M
Cash burn (monthly) 42.6M 14.68M (no burn) (no burn) (no burn) 400.42K
Cash used (since last report) 71.59M 24.67M n/a n/a n/a 672.89K
Cash remaining 19.4M 66.33M n/a n/a n/a 90.32M
Runway (months of cash) 0.5 4.5 n/a n/a n/a 225.6

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
4 Aug 22 Kephart Cameron Penns Woods Bancorp, Inc. Common Stock Buy Acquire P No No 22.5775 176 3.97K 5,175
29 Jul 22 Michael J Casale JR Penns Woods Bancorp, Inc. Grant Acquire A No No 22.21 176 3.91K 30,398
29 Jul 22 Brewer Daniel K. Penns Woods Bancorp, Inc. Grant Acquire A No No 22.21 367 8.15K 9,748
29 Jul 22 Hawbaker D Michael Penns Woods Bancorp, Inc. common stock Grant Acquire A No No 22.21 325 7.22K 9,298
29 Jul 22 Miller Robert Q. Penns Woods Bancorp, Inc. common stock Grant Acquire A No No 22.21 325 7.22K 4,977
18.8% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 33 32 +3.1%
Opened positions 4 2 +100.0%
Closed positions 3 5 -40.0%
Increased positions 14 9 +55.6%
Reduced positions 7 12 -41.7%
13F shares Current Prev Q Change
Total value 30.63M 31.32M -2.2%
Total shares 1.33M 1.28M +3.5%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
Vanguard 298.22K $6.89M +0.4%
Dimensional Fund Advisors 284.78K $6.58M +1.4%
Renaissance Technologies 154.68K $3.57M -10.3%
Hudock 83.39K $1.93M +2.2%
Millennium Management 65K $1.5M +0.8%
Geode Capital Management 62.73K $1.45M +8.5%
Bridgeway Capital Management 60.9K $1.41M 0.0%
BLK Blackrock 52.58K $1.21M -1.8%
Cetera Advisor Networks 47K $1.09M NEW
Commonwealth Equity Services 45.2K $1.04M +0.5%
Largest transactions Shares Bought/sold Change
Cetera Advisor Networks 47K +47K NEW
Renaissance Technologies 154.68K -17.69K -10.3%
Geode Capital Management 62.73K +4.93K +8.5%
Captrust Financial Advisors 4.56K +4.56K NEW
STT State Street 26.26K +4.4K +20.1%
Capital Investment Advisors 0 -4.27K EXIT
Dimensional Fund Advisors 284.78K +3.95K +1.4%
Hudock 83.39K +1.77K +2.2%
JFS Wealth Advisors 1.73K +1.73K NEW
LSV Asset Management 18.4K -1.4K -7.1%

Financial report summary

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Risks
  • Changes in interest rates could reduce our income, cash flows and asset values.
  • Our information systems may experience an interruption or breach in security.
  • We may be adversely affected by government regulation.
Management Discussion
  • Reported net interest income increased $1,495,000 to $49,718,000 for the year ended December 31, 2021 compared to the year ended December 31, 2020, as the growth in the earning asset portfolio and decline in rate paid on interest-bearing liabilities more than offset a decrease in the yield on earning assets to 3.35% from 3.80%.  Total interest income decreased $4,224,000 or $4,251,000 on a tax equivalent basis, primarily from a decrease in the tax equivalent yield on the loan portfolio decreasing 28 basis points ("bp"). Tax equivalent interest income on the investment portfolio decreased $541,000 as the yield on the investment portfolio decreased 54 bp. The decrease in the yield on the earning asset portfolio was driven by the impact of the continued low interest rate environment resulting from the COVID-19 pandemic.

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: approach, assist, attained, Black, calendar, Director, enacted, FOMC, lieu, million, prohibit, refining, settlement, validation, vendor, voluntary, written