STOCK TITAN
  1. Home
  2. News
  3. PPBN

PINNACLE BANKSHARES CORP - $PPBN STOCK NEWS

Welcome to our dedicated page for PINNACLE BANKSHARES news (Ticker: $PPBN), a resource for investors and traders seeking the latest updates and insights on PINNACLE BANKSHARES stock.

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 BANKSHARES'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 BANKSHARES's position in the market.

News
Pinnacle Bankshares Corporation Announces First Quarter 2024 Earnings
Rhea-AI Summary
Pinnacle Bankshares reported a net income of $2,084,000 for the first quarter of 2024, showing a decrease of 21% compared to the same period in 2023. The company's return on assets was 0.84%, with net interest income increasing by 1% and net interest margin slightly decreasing to 3.56%. Asset quality remained strong with low nonperforming loans and no Other Real Estate Owned. The provision for credit losses decreased to $18,000, and total assets decreased by 1.63%. Capital ratios remained stable, with the stock price ending at $28.46 per share, reflecting a 19% increase. Despite the decrease in profitability, Pinnacle remains well-positioned with ample liquidity and strong asset quality.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
-
News
Pinnacle Bankshares Corporation Announces Record High 2023 Earnings
Rhea-AI Summary
Pinnacle Bankshares Corporation (PPBN) reports record high net income for 2023, showcasing strong financial performance with increased net interest income, improved asset quality, and strengthened capital ratios.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
earnings
-
News
Pinnacle Bankshares Corporation Announces Quarterly Cash Dividend of 25 Cents per Share
Rhea-AI Summary
Pinnacle Bankshares Corporation (PPBN) declares a cash dividend of $0.25 per share for the forty-sixth consecutive quarter, reflecting a 39% increase in dividends paid in 2023 compared to the prior year. The Company attributes the dividend increase to improved profitability and capital position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
Tags
dividends
News
Pinnacle Bankshares Corporation Increases Quarterly Cash Dividend to 25 Cents per Share
Rhea-AI Summary
Pinnacle Bankshares Corporation (PPBN) Announces 25% Increase in Quarterly Cash Dividend to $0.25 per Share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.76%
Tags
dividends
-
News
Pinnacle Bankshares Corporation Announces Record High 3rd Quarter & Year-to-Date 2023 Earnings
Rhea-AI Summary
Pinnacle Bankshares Corporation reports record high net income of $2.79 million for Q3 2023, a 17% increase from the same period in 2022. Return on assets is 1.02%, up from 0.75% in 2022. Net interest income increased 1% for Q3 2023 and 15% year-to-date. Asset quality remains strong with low nonperforming assets. Total assets increased 3% and deposits increased 2% from December 2022. The loan portfolio grew by $6.1 million in the last two months of Q3 2023. Capital ratios increased. Noninterest income increased 34% in Q3 2023. Liquidity ratio is 38%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.83%
Tags
earnings
-
News
Pinnacle Bankshares Corporation Announces Quarterly Cash Dividend of 20 Cents per Share
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
Tags
dividends
News
Pinnacle Bankshares Corporation Announces 2nd Quarter/Mid-Year 2023 Earnings
Rhea-AI Summary
Pinnacle Bankshares Corporation (OTCQX:PPBN) Reports Strong Growth in Net Income for the Second Quarter of 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.68%
Tags
earnings
-
News
Pinnacle Bankshares Corporation Announces Changes to the Board of Directors
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.76%
Tags
management
-
News
Pinnacle Bankshares Corporation Announces Quarterly Cash Dividend of 20 Cents per Share
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
News
Pinnacle Bankshares Corporation Announces Record High First Quarter 2023 Earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
Tags
earnings
Stock PPBN logo
PINNACLE BANKSHARES CORP

OTC:PPBN

PPBN Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

PPBN Stock Data

61.55M
2.06M
3.77%
Commercial Banking
Finance and Insurance
Link
United States of America
Altavista

About PPBN

pinnacle bankshares corporation operates as a bank holding company for first national bank that provides a range of commercial and retail banking products and services. the company accepts checking accounts, savings and time deposits, individual retirement accounts, certificates of deposit, and money market accounts. its loan products include residential and commercial mortgages, home equity loans, consumer installment loans, agricultural loans, investment loans, small business loans, commercial lines of credit, and letters of credit. the company also provides credit cards; insurance, including property and casualty, life, and health; investment and annuity products; and overdraft, merchant bankcard processing, cash management, night drop, safe deposit boxes, notary, and telephone and online banking services. it operates in campbell county, bedford county, the town of altavista, the town of amherst, the village of rustburg and the city of lynchburg, and the city of charlottesville, vir