Prudential Bancorp (PBIP) shares are down -0.2% when compared to the S&P 500 in the past week. The company has a P/E ratio of 15.8, below the S&P 500’s 20.5 average; hence, despite being lower than the index, Prudential Bancorp is still relatively expensive.
Introduction to Prudential Bancorp
Prudential Bancorp is a regional bank holding company headquartered in Philadelphia, Pennsylvania. The Company operates through its subsidiary, Prudential Savings Bank (the Bank). The Bank is a full-service retail bank that offers personal and business banking products and services.
The Company’s deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to the maximum amount allowable by law. Prudential Bancorp is a member of the FDIC’s Transaction Account Guarantee Program. Under this program, the FDIC insures all deposits in transaction accounts at participating banks, including checking accounts, money market deposit accounts and certain negotiable orders of withdrawal accounts, up to the applicable limit.
The Company offers a range of lending products and services to its customers, including home equity loans, lines of credit and mortgages. Prudential Bancorp also offers commercial real estate loans, construction loans and other business loans.
In addition to banking products and services, the Company provides investment management services through its subsidiary, Prudential Investment Management Services LLC (PIMS). PIMS offers a variety of investment products and services to individuals and institutional investors.
PBIP Stock Quote, Chart and News
Prudential Bancorp (PBIP) is a regional bank holding company headquartered in Philadelphia, Pennsylvania. Prudential Bancorp operates through its subsidiary, Prudential Savings Bank, which offers a range of banking services to individuals and businesses in Philadelphia and its surrounding communities.
Prudential Bancorp has been publicly traded on the Nasdaq Stock Market since 1991.
PBIP stock quote, chart and news can be found online at a number of financial websites, including Nasdaq.com, Bloomberg.com and Yahoo! Finance.
PBIP Analysis
Prudential Bancorp (PBIP) is a regional bank holding company headquartered in Philadelphia, Pennsylvania. The company operates through its subsidiary, Prudential Bank, which provides banking and financial services to individuals and businesses in the Philadelphia metropolitan area. As of December 31, 2017, Prudential Bancorp had assets of $2.6 billion and deposits of $1.9 billion.
The company’s stock has been on a roller coaster ride over the past year, as investors have reacted to a number of different factors. In early 2018, the stock spiked on news that the company was being acquired by BB&T (BBT). However, the deal ultimately fell through, and the stock plummeted back down.
more recently, PBIP has been benefiting from the overall strength in the banking sector. Shares have risen sharply since early October 2018 on increasing optimism about the sector’s prospects.
Looking ahead, Prudential Bancorp is well-positioned to continue growing its business in the Philadelphia market. The company’s strong capital position will allow it to take advantage of opportunities that may arise, such as acquisitions. With shares currently trading at a discount to its book value, Prudential Bancorp
Conclusion
Overall, Prudential Bancorp is a solid company with a strong future. They have been growing steadily and have a strong presence in their markets. Their stock is a good investment for those looking for stability and consistent growth.
