PB Financial Corporation Declares Third-Quarter, 2025 Dividend

Rhea-AI Summary

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.

Positive

• Quarterly dividend increased by 9.26% year-over-year
• Strong dividend yield of 4.72%
• 55 consecutive quarters of dividend payments
• Consistent track record of quarterly dividend increases since 2012
• Solid balance sheet with $1.402B in total assets

Negative

• None.

ROCKY MOUNT, NC / ACCESS Newswire / July 9, 2025 / 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 $0.59 per share on common stock outstanding to shareholders of record at the close of business on August 1, 2025. The dividend is payable August 22, 2025. This is an increase of approximately 9.26% from the dividend paid during the 3rd quarter of 2024. This represents a $2.36 per share dividend on an annualized basis and a dividend yield of approximately 4.72% (based on closing price of July 8, 2025 of $50.00 per share).

Whitehurst commented, "This represents our 55^th consecutive quarterly cash dividend. Our consistent financial performance has allowed us to increase our cash dividend each quarter since we began paying dividends in the 1^st quarter of 2012. This increase in our quarterly cash dividend is part of our continued strategy to enhance shareholder value which we believe sets us apart from other community banks."

PB Financial Corporation is headquartered at 450 N. Winstead Avenue in Rocky Mount, North Carolina. As of June 30, 2025, PB Financial Corporation had total assets of $1.402 billion, loans of $1.176 billion and total deposits of $1.186 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 June 30, 2025 as presented is unaudited.

For more information, contact: July 9, 2025
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 is PB Financial Corporation's (PBNC) latest quarterly dividend for Q3 2025?

PB Financial declared a quarterly dividend of $0.59 per share, payable on August 22, 2025, to shareholders of record as of August 1, 2025.

How much has PBNC's dividend increased compared to Q3 2024?

The Q3 2025 dividend represents a 9.26% increase compared to the dividend paid during the third quarter of 2024.

What is PB Financial's current dividend yield?

Based on the July 8, 2025 closing price of $50.00, PBNC's dividend yield is approximately 4.72%, with an annualized dividend of $2.36 per share.

How long has PB Financial Corporation been paying dividends?

PB Financial has paid 55 consecutive quarterly dividends since beginning dividend payments in the first quarter of 2012, with consistent increases each quarter.

What are PB Financial's current asset and deposit levels?

As of June 30, 2025, PB Financial had total assets of $1.402 billion, loans of $1.176 billion, and total deposits of $1.186 billion.