PCSB Financial Corporation operates as the bank holding company for PCSB Bank that provides financial products and services to individuals and businesses in Putnam, Southern Dutchess, Rockland, and Westchester Counties in New York. The company's deposit products include interest and non-interest bearing, demand, NOW, money market, escrow, and savings accounts, as well as time deposits. It also provides commercial real estate, multi-family residential real estate, commercial business, construction, residential mortgage, and consumer and deposit overdraft loans, as well as home equity lines of credit, insurance products, and securities. In addition, the company engages in investment activities. As of June 30, 2021, PCSB Financial Corporation offered its services from executive offices/headquarters and 15 banking offices. The company was founded in 1871 and is headquartered in Yorktown Heights, New York.
PCSB Financial Trading Up 0.9 %
Shares of NASDAQ:PCSB traded up $0.17 during midday trading on Friday, reaching $19.79. 52,911 shares of the company's stock were exchanged, compared to its average volume of 45,539. The firm's 50 day simple moving average is $19.21 and its two-hundred day simple moving average is $18.98. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.89 and a quick ratio of 0.89. The stock has a market cap of $303.58 million, a price-to-earnings ratio of 19.03 and a beta of 0.58. PCSB Financial has a fifty-two week low of $17.40 and a fifty-two week high of $19.95.
PCSB Financial Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 9th. Investors of record on Friday, August 26th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend is Thursday, August 25th. PCSB Financial's payout ratio is 26.92%.
Wall Street Analyst Weigh In
Separately, Compass Point raised their price objective on PCSB Financial to $23.00 in a research report on Wednesday, May 25th.