PB Financial Corporation Declares Second-Quarter, 2026 Dividend

Rhea-AI Summary

PB Financial Corporation (OTCQX:PBNC) declared a quarterly cash dividend of $0.62 per share to shareholders of record on May 7, 2026, payable May 22, 2026. This is an increase of approximately 6.90% from the 2nd quarter 2025 dividend and equals an annualized $2.48 per share and a ~3.79% yield based on the $65.50 close on April 23, 2026.

The company noted this is its 58th consecutive quarterly cash dividend. As of March 31, 2026, PB Financial reported $1.460 billion in total assets, $1.219 billion in loans and $1.244 billion in deposits.

Positive

• Quarterly dividend raised to $0.62 per share (effective May 22, 2026)
• Dividend increase of approximately 6.90% versus 2Q 2025
• Annualized dividend of $2.48 per share
• Dividend yield approximately 3.79% (based on $65.50 close on Apr 23, 2026)
• 58 consecutive quarters of cash dividends declared

Negative

• None.

News Market Reaction – PBNC

+14.50%

+14.50% Session close to close

In the Apr 24 session, PBNC gained 14.50%, reflecting a significant positive market reaction.

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ROCKY MOUNT, NC / ACCESS Newswire / April 24, 2026 / Ted E. Whitehurst, President and CEO of PB Financial Corporation (OTCQX:PBNC), the holding company for Providence Bank, announced today that the Board of Directors approved a quarterly cash dividend of $0.62 per share on common stock outstanding to shareholders of record at the close of business on May 7, 2026. The dividend is payable on May 22, 2026. This is an increase of approximately 6.90% from the dividend paid during the 2^nd quarter of 2025. This represents a $2.48 per share dividend on an annualized basis and a dividend yield of approximately 3.79% (based on the closing price of $65.50 on April 23, 2026).

Whitehurst commented, "This marks our 58^th consecutive quarterly cash dividend - a clear reflection of our strong and consistent financial performance. Since initiating cash dividends in early 2012, we have increased the dividend every quarter. This continued increase in our cash dividend is part of our long-term strategy to enhance shareholder value."

Providence Bank is a state-chartered community bank headquartered at 450 N. Winstead Avenue in Rocky Mount, North Carolina, with branches in Rocky Mount, Tarboro, Nashville, Wilson, Raleigh, Jacksonville, Holly Ridge, Morehead City and Richlands. As of March 31, 2026, PB Financial Corporation had total assets of $1.460 billion, loans of $1.219 billion and total deposits of $1.244 billion.

www.pbknc.com

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding PB Financial Corporation. Those statements may include but are not limited to statements regarding the Company's plans, objectives, expectations and intentions and other statements identified by words such as "believes," "considers," "expects," "anticipates," "estimates," "intends," "plans," "targets," "projects," "would be," and similar expressions. These statements are based upon current beliefs and expectations of management of PB Financial Corporation and are subject to significant risks and uncertainties. Actual or future results or events may differ from those set forth in the forward-looking statements. PB Financial Corporation does not undertake to update any forward-looking statements in this press release. The information as of and for the quarter ended March 31, 2026 as presented is unaudited.

For more information, contact:

Ted E. Whitehurst, President and CEO
252-467-2990; twhitehurst@pbknc.com

SOURCE: PB Financial Corp.

View the original press release on ACCESS Newswire

FAQ

What dividend did PB Financial (PBNC) declare for Q2 2026 and when is it payable?

PB Financial declared a quarterly cash dividend of $0.62 per share, payable on May 22, 2026. According to the company, shareholders of record on May 7, 2026 will receive the payment.

How much did PB Financial (PBNC) increase its dividend compared to Q2 2025?

The dividend increased by approximately 6.90% versus the 2nd quarter of 2025. According to the company, this continues a long history of quarterly raises since 2012.

What is the annualized dividend and yield for PB Financial (PBNC) after the Q2 2026 declaration?

The declared quarterly payout annualizes to $2.48 per share with an approximate yield of 3.79%. According to the company, the yield uses the closing price of $65.50 on April 23, 2026.

How long has PB Financial (PBNC) been paying consecutive quarterly dividends?

PB Financial has paid consecutive quarterly cash dividends for 58 quarters. According to the company, dividends began in early 2012 and have increased each quarter since initiation.

What were PB Financial (PBNC) key balance-sheet figures as of March 31, 2026?

As of March 31, 2026, PB Financial reported $1.460 billion in total assets, $1.219 billion in loans, and $1.244 billion in deposits. According to the company, these figures are unaudited.