PWOD - Penns Woods Bancorp: Short-Term Headwinds But Unreasonably Undervalued
2024-05-13 11:52:22 ET
Summary
- Penns Woods is a small bank holding company operating in Pennsylvania.
- Its loan portfolio is well-diversified and has a high credit quality.
- Therefore, it is interesting to see how large a discount the market has assigned to the tangible book value here.
- Coupled with the high and sustainable dividend yield, the undervaluation provides a margin of safety high enough to represent an opportunity for value investors.
Penns Woods Bancorp, Inc. ( PWOD ), incorporated in 1983 and headquartered in Williamsport, Pennsylvania, primarily provides commercial and retail banking services through its two wholly-owned bank subsidiaries....
Penns Woods Bancorp: Short-Term Headwinds But Unreasonably Undervalued