Welcome to our dedicated page for Pb Finl news (Ticker: PBNC), a resource for investors and traders seeking the latest updates and insights on Pb Finl stock.
PB Financial Corporation (PBNC) maintains this dedicated news hub for stakeholders tracking developments at this North Carolina-based banking institution. Investors and community partners will find official press releases, financial disclosures, and strategic updates from the Providence Bank parent company.
The repository serves as a comprehensive resource for monitoring PBNC's operational milestones, including merger announcements, capital management initiatives, and service expansions. Regular updates cover essential financial communications such as quarterly earnings reports, regulatory filings, and leadership updates.
Key content categories include detailed accounts of strategic mergers like the Coastal Bank & Trust integration, analyses of capital placement strategies, and updates on community-focused banking services. All materials maintain factual accuracy while avoiding speculative commentary.
Bookmark this page for streamlined access to PBNC's evolving financial narrative. Check back regularly for verified updates directly impacting the institution's position in regional banking markets.
PB Financial Corporation (OTCQX:PBNC) has declared a quarterly cash dividend of $0.59 per share for the third quarter of 2025, payable on August 22, 2025, to shareholders of record as of August 1, 2025. This represents a 9.26% increase from the third quarter of 2024 dividend.
The dividend equates to $2.36 per share annually, yielding approximately 4.72% based on the July 8, 2025 closing price of $50.00. This marks the company's 55th consecutive quarterly dividend since initiating payments in Q1 2012. As of June 30, 2025, PB Financial reported total assets of $1.402 billion, loans of $1.176 billion, and deposits of $1.186 billion.
PB Financial Corporation (OTCQX:PBNC) reported exceptional second quarter 2025 results, with net income available to common shareholders reaching $5.11 million, up 24.35% from $4.11 million in Q2 2024. The company demonstrated robust growth across key metrics, with total assets increasing 11.14% to $1.402 billion.
Total deposits grew 12.85% to $1.186 billion, while gross loans increased 10.34% to $1.176 billion compared to Q2 2024. Basic earnings per share for the first half of 2025 improved to $3.42, up 23.91% year-over-year. The company will pay its 55th consecutive quarterly dividend of $0.59 per share on August 22, 2025.
Book value per share increased 11.54% to $41.48, reflecting continued value creation following the strategic merger with Coastal Bank & Trust.
PB Financial Corporation (OTCQX:PBNC) has announced a quarterly cash dividend increase of 9.43% to $0.58 per share, payable on May 23, 2025, to shareholders of record as of May 8, 2025. This marks their 54th consecutive quarterly dividend, representing an annualized dividend of $2.32 per share with a yield of 4.99%.
A significant milestone was highlighted by CEO Ted E. Whitehurst: original shareholders have now received $11.17 per share in total dividends, exceeding their initial $11.00 investment. The company has consistently increased dividends every quarter since 2012.
Key Financial Metrics as of March 31, 2025:
- Total Assets: $1.355 billion
- Total Loans: $1.149 billion
- Total Deposits: $1.153 billion
Providence Bank, the company's subsidiary, operates from its Rocky Mount headquarters with branches across North Carolina, including Tarboro, Nashville, Wilson, Raleigh, Jacksonville, Holly Ridge, Morehead City, Richlands, and a loan production office in New Bern.
PB Financial (PBNC) reported exceptional Q1 2025 results with net income available to common stockholders reaching $4.7 million, a 48.31% increase from $3.17 million in Q1 2024. The company demonstrated robust growth across key metrics:
Total assets grew 33.40% to $1.355 billion, while deposits surged 43.26% to $1.153 billion. Gross loans increased 33.56% to $1.149 billion compared to Q1 2024. Basic earnings per share improved 26.15% to $1.64, and book value per share rose 15.22% to $41.10.
The company maintained its tradition of increasing shareholder returns, paying its 53rd consecutive quarterly dividend increase of $0.57 per share. Net interest income showed significant growth at $11.77 million, up from $7.76 million in the previous year.
PB Financial (OTCQX:PBNC) has declared a quarterly cash dividend of $0.57 per share for the first quarter of 2025, payable on February 27, 2025, to shareholders of record as of February 11, 2025. This represents a 9.62% increase from the first quarter of 2024 dividend.
The annual dividend amounts to $2.28, yielding 4.75% based on the January 31, 2025 closing price of $47.99 per share. This marks the company's 53rd consecutive quarterly dividend since initiating payments in Q1 2012.
As of December 31, 2024, PB Financial reported total assets of $1.317 billion, loans of $1.129 billion, and total deposits of $1.115 billion.
PB Financial (OTCQX:PBNC) reported strong financial results for Q4 and full-year 2024. Net income available to common shareholders reached $3,937,492 in Q4 2024, up 16.99% from Q4 2023, while full-year 2024 net income grew 13.64% to $15,814,872.
The company demonstrated significant growth across key metrics, with total assets increasing 34.08% to $1.317 billion, deposits rising 38.78% to $1.115 billion, and gross loans growing 36.43% to $1.129 billion compared to 2023. The company successfully completed its merger with Coastal Bank & Trust, incurring one-time merger-related expenses of $937,420.
Basic earnings per share decreased 4.01% to $5.74 in 2024, compared to $5.98 in 2023. The company maintained its dividend payment track record, increasing quarterly dividends to $2.15 per share in 2024, a 15.59% increase from 2023.
PB Financial (OTCQX:PBNC) has been recognized in the 2025 OTCQX Best 50, securing the 21st position among top-performing companies on the OTCQX Best Market. The ranking evaluates companies based on their 2024 performance, considering one-year total return and average daily dollar volume growth.
As the only North Carolina-based bank among the eight banks featured on the list, PBNC's achievement highlights its strong market performance and commitment to investor value. The company, which operates as the holding company for Providence Bank, maintains its headquarters in Rocky Mount, North Carolina, with branches across multiple locations including Tarboro, Nashville, Wilson, Raleigh, Jacksonville, Holly Ridge, Morehead City, and Richlands, plus a loan production office in New Bern.
The OTCQX Best Market recognition requires companies to meet stringent financial standards, follow best practice corporate governance, and maintain compliance with applicable securities laws.
PB Financial (OTCQX:PBNC) has declared a quarterly cash dividend of $0.56 per share for Q4 2024, payable November 22, 2024, to shareholders of record as of November 5, 2024. This represents a 9.80% increase from Q4 2023's dividend. The annual dividend amounts to $2.24 per share, yielding 5.34% based on the October 25 closing price of $41.93. This marks the company's 52nd consecutive quarterly dividend. As of September 30, 2024, PB Financial reported total assets of $1.285 billion, loans of $1.086 billion, and deposits of $1.084 billion.
PB Financial (OTCQX:PBNC), the holding company for Providence Bank, reported record third quarter 2024 earnings. Net income available to common shareholders for Q3 2024 was $4.60 million, a 48.45% increase from $3.10 million in Q3 2023. For the nine-month period ended September 30, 2024, net income was $11.88 million, up 12.57% from the same period in 2023.
As of September 30, 2024, the Company reported:
- Total assets: $1.285 billion (38.22% increase YoY)
- Total deposits: $1.084 billion (48.61% increase YoY)
- Gross loans: $1.086 billion (40.17% increase YoY)
- Basic earnings per share: $4.37 (5.21% decrease YoY)
- Book value per common share: $39.70 (20.16% increase YoY)
The Company paid its 51st consecutively increased quarterly cash dividend of $0.54 per share on August 23, 2024.
PB Financial (OTCQX:PBNC), the parent company of Providence Bank, announced a quarterly cash dividend of $0.54 per share, a 8% increase from Q3 2023. The dividend will be paid on August 23, 2024, to shareholders recorded by August 2, 2024. This results in an annual dividend of $2.16 and a yield of 5.35%, based on a stock price of $40.35 as of July 10, 2024. This marks the 51st consecutive quarterly dividend since dividends began in Q1 2012. The company, headquartered in Rocky Mount, NC, reported total assets of $1.261 billion, loans of $1.066 billion, and deposits of $1.051 billion as of June 30, 2024.
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