PB Financial Corporation Reports Record Third Quarter 2026 Earnings
Key Highlights
- ➤Q3 net income $6.59 million, up 15.45% year over year
- ➤Nine-month net income $18.21 million, up 17.31% year over year
- ➤Total assets $1.557 billion, up 11.91% year over year
- ➤Gross loans $1.313 billion, up 11.20% year over year
- ➤Quarterly dividend $0.63 per share marks 59 consecutive increases
Expert Statements
Ted E. Whitehurst, President and CEO of PB Financial Corporation
“I am pleased to report record quarterly earnings. The Company continued to experience strong growth throughout the organization with over 11% growth in total assets and over 17% increase in net income available to common shareholders year-to-date. The hard work and effort of our employees continues to drive our efficiency. As always, we will continue to look for opportunities to further enhance shareholder value.”
ROCKY MOUNT, NC / ACCESS Newswire / October 6, 2026 / Ted E. Whitehurst, President and CEO of PB Financial Corporation (OTCQX:PBNC), the holding company (the "Company") for Providence Bank, reported net income available to common shareholders for the quarter ended September 30, 2026, of $6.59 million compared to $5.71 million for the same period in 2025, an increase of 15.45%. For the nine-month period ended September 30, 2026, net income available to common shareholders was $18.21 million compared to $15.52 million for the same period in 2025, an increase of 17.31%.
As of September 30, 2026, the Company reported total assets of $1.557 billion compared to $1.391 billion on September 30, 2025, an increase of 11.91%. Total deposits were $1.284 billion and gross loans were $1.313 billion at the end of the third quarter of 2026, compared to total deposits of $1.179 billion and gross loans of $1.181 billion at the end of the third quarter of 2025, increases of 8.89% and 11.20% respectively.
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