Welcome to our dedicated page for Pinnacle Ban Ord news (Ticker: PPBN), a resource for investors and traders seeking the latest updates and insights on Pinnacle Ban Ord stock.
Pinnacle Bankshares Corporation (PPBN) provides essential banking services through First National Bank, serving Virginia communities with personal and commercial financial solutions. This news hub offers investors and stakeholders direct access to official announcements and strategic developments.
Track PPBN's financial performance, service expansions, and regulatory updates through verified press releases and filings. Our curated collection includes earnings reports, leadership changes, product launches, and market position updates relevant to regional banking trends.
Key focus areas include mortgage lending developments, agricultural loan programs, digital banking enhancements, and community investment initiatives. Bookmark this page for real-time updates on PPBN's financial health and operational milestones within Virginia's competitive banking sector.
Pinnacle Bankshares (OTCQX:PPBN) reported Q3 2025 net income of $2.992M (+44% vs Q3 2024) and YTD net income of $7.943M (+25% vs YTD 2024), or $1.34 and $3.58 per share, respectively. Net interest income rose 14% to $10.227M for Q3 and net interest margin expanded 40 bps to 4.08% YTD. Loans increased 2.6% (+$18.4M) to $730.3M, while securities declined 17% to $145.4M. The company paid off $10M of subordinated debt/promissory note in September, which reduced leverage and risk-based capital ratios to 8.82% and 12.91%. Total assets were $1.030B, liquidity remained strong (28%), ROA was 1.03% YTD, ACL was $5.178M (0.71% of loans), and nonperforming loans were 0.18%.
Pinnacle Bankshares Corporation (OTCQX: PPBN) has announced an increased quarterly cash dividend of $0.27 per share, representing a $0.01 (4%) increase from the previous quarter's $0.26. The dividend will be payable on September 5, 2025, to shareholders of record as of August 22, 2025.
The increased dividend marks the 52nd consecutive quarter of dividend payments and the second increase in 2025. The company reported strong performance with net income of $4.95 million through the first six months of 2025, showing a 15% increase compared to the same period last year.
First National Bank, Pinnacle's subsidiary in its 117th year of operation, serves Central and Southern Virginia through 19 branches across multiple counties and cities, including a recently opened loan production office and full-service branch in South Boston.
Pinnacle Bankshares Corporation (OTCQX:PPBN) reported strong Q2 2025 financial results, with net income increasing 22% to $2.69 million ($1.21 per share) compared to Q2 2024. For the first half of 2025, net income rose 15% to $4.95 million ($2.23 per share).
The company's performance was driven by a 13.5% increase in net interest income, with net interest margin expanding 40 basis points to 4.05%. Total assets stood at $1.04 billion as of June 30, 2025, with total loans increasing 2% to $726.5 million. The bank maintains strong asset quality with non-performing loans at just 0.13% of total loans and a robust liquidity ratio of 30%.
The company's capital position remains solid with the Bank's Leverage Ratio at 9.63% and Total Risk-Based Capital Ratio at 13.93%. The stock price ended Q2 at $33.01, representing a 5.8% increase from year-end 2024.
Pinnacle Bankshares Corporation (OTCQX: PPBN) has announced a quarterly cash dividend increase to $0.26 per share, up 4% from $0.25 in the previous quarter. The dividend will be payable on June 6, 2025, to shareholders of record as of May 23, 2025. This marks the company's 51st consecutive quarter of dividend payments.
The increased dividend is supported by Pinnacle's strong performance, with Q1 2025 net income of $2.26 million, representing an 8.5% increase compared to the same period last year. The company operates through First National Bank, serving Central and Southern Virginia with 19 branches across multiple counties and cities, including a recently opened loan production office and full-service branch in South Boston, Halifax County.
Pinnacle Bankshares reported strong Q1 2025 financial results with net income of $2.26 million ($1.02 per share), up 8% from $2.08 million ($0.95 per share) in Q1 2024. Key highlights include:
- Net Interest Income rose 13% to $9.48 million, with margin improving to 3.92%
- Asset Quality remains robust with low nonperforming loans at 0.14% and no foreclosed assets
- Total Assets stood at $1.04 billion, with loans increasing 1% to $720.5 million
- Deposits decreased slightly by 1% to $940.7 million
- Stock Price ended at $31.94, up 2% from year-end 2024
The bank maintains strong liquidity at 31% and solid capital ratios, with Bank Leverage Ratio at 9.35%. Operating in Central and Southern Virginia through 19 branches, Pinnacle continues to focus on personalized service while benefiting from market disruption caused by larger bank consolidations.
Pinnacle Bankshares (OTCQX:PPBN) reported Q4 2024 net income of $2.8 million ($1.27 per share), up 23% from Q4 2023. However, full-year 2024 net income decreased 6% to $9.18 million ($4.15 per share) compared to 2023.
Key 2024 highlights include: net interest income increased 7% to $35.45 million with margin expanding to 3.70%, loans grew 11% to $712 million, and deposits increased 2% to $951 million. The bank maintained strong asset quality with low nonperforming loans at 0.22% and robust liquidity at 33%.
The company's stock price ended 2024 at $31.20 per share, representing a 30% increase, with a total return of 34.11%. First National Bank expanded operations by opening a new full-service branch in South Boston, Virginia in January 2025.
Pinnacle Bankshares (OTCQX: PPBN) has declared a quarterly cash dividend of $0.25 per share, maintaining the same level as the previous quarter. The dividend will be payable on March 7, 2025, to shareholders of record as of February 21, 2025.
This marks the fiftieth consecutive quarter of dividend payments, demonstrating the company's consistent performance. First National Bank, Pinnacle's subsidiary, operates nineteen branches across Central and Southern Virginia, serving various counties including Amherst, Bedford, Campbell, Halifax, and Pittsylvania, as well as the cities of Charlottesville, Danville, and Lynchburg. The bank recently expanded with a new Loan Production Office and full-service branch in South Boston, Halifax County.
Pinnacle Bankshares (OTCQX: PPBN) has declared a quarterly cash dividend of $0.25 per share, maintaining the same level as last quarter. The dividend will be payable on December 6, 2024, to shareholders of record as of November 22, 2024. This marks the forty-ninth consecutive quarter of dividend payments. Despite lower profitability compared to 2023, the company reports strong performance among Virginia community banking peers, citing favorable liquidity position, expanding net interest margin, and strong credit quality.
Pinnacle Bankshares (OTCQX:PPBN) reported Q3 2024 net income of $2,085,000 ($0.94 per share), down from $2,794,000 ($1.27 per share) in Q3 2023. Year-to-date net income was $6,377,000 ($2.88 per share), compared to $7,483,000 ($3.41 per share) in 2023. Key highlights include: net interest margin increase to 3.68%, 5.5% growth in net interest income, 6% loan growth, and strong asset quality with low nonperforming loans. The company's stock price increased 24% to $29.73 per share, with a total return of 26.95% through nine months.
First National Bank, a subsidiary of Pinnacle Bankshares (OTCQX: PPBN), has announced key leadership changes. Allison G. Daniels has transitioned to the role of Senior Vice President and Chief Information Officer, focusing on IT, cybersecurity, fraud, compliance, and facilities. Michelle M. Gaydica has joined as Senior Vice President and Chief Operating Officer, bringing over 25 years of banking experience.
The bank, with nearly 200 employees, serves market areas in Virginia including Amherst, Bedford, Campbell, Halifax, and Pittsylvania Counties, and the Cities of Charlottesville, Danville, and Lynchburg. First National Bank currently operates 18 branches across these regions and has opened a Loan Production Office in South Boston, with plans to expand further.