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Pinnacle Bank - PBNK STOCK NEWS

Welcome to our dedicated news page for Pinnacle Bank (Ticker: PBNK), a resource for investors and traders seeking the latest updates and insights on Pinnacle Bank.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Pinnacle Bank's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Pinnacle Bank's position in the market.

Rhea-AI Summary
Pinnacle Bank (PBNK) announced record unaudited net income of $11,771,000 for the year ended December 31, 2023, marking a 39% increase from 2022. Total assets increased by 8% to $817.4 million, while gross loans saw an 11% increase to $564.4 million. The bank's capital position remains strong, with a total capital ratio of 14.64%. Pinnacle Bank received high ratings for strong financial performance from independent rating firms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.26%
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Rhea-AI Summary
Pinnacle Bank announces unaudited net income of $2,926,000 for Q3 2023, a 17% increase from the same period last year. Total assets increase by 8% to $843.5 million. Gross loans increase by 11% to $538.4 million. Total deposits reach a record high of $746.6 million, a 7% increase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
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Rhea-AI Summary
Pinnacle Bank announced unaudited net income of $2,926,000 for Q3 2023, a 17% increase from the same period last year. Total assets increased by 8% to $843.5 million, while gross loans increased by 11% to $538.4 million. Total deposits reached a record $746.6 million, a 7% increase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
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Rhea-AI Summary
Pinnacle Bank announces unaudited net income of $2,870,000 for Q2 2023, a 79% increase from the same period last year. Total assets reach $800.0 million, a 2% increase. Gross loans hit a new record of $539.9 million, a 15% increase. Total deposits increase by 4% to $705.6 million. Bank remains well capitalized.
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End-of-Day
3.7%
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Rhea-AI Summary
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0.43%
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7.04%
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Pinnacle Bank

OTC:PBNK

PBNK Rankings

PBNK Stock Data

90.12M
8.77%
Commercial Banking
Finance and Insurance
Link
US
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