PB Bankshares Reports Q3 Net Income of $519,000

Reuters
2025/10/23
PB Bankshares Reports Q3 Net Income of $519,000

PB Bankshares Inc. reported unaudited net income of $519,000 for the third quarter of 2025, up from $404,000 for the same period in 2024. For the nine months ended September 30, 2025, net income was $1.6 million compared to $1.1 million for the same period in the previous year. Net interest income for the third quarter was $3.4 million, rising from $2.8 million in the prior year's third quarter. For the first nine months of 2025, net interest income totaled $9.7 million versus $8.2 million in the same period of 2024. Interest expense for the nine months ended September 30, 2025, decreased to $8.8 million from $9.3 million in the corresponding period of 2024. The net interest margin for the third quarter of 2025 was 2.97%, compared to 2.57% for the third quarter of 2024. Stockholders' equity increased by $2.7 million to $51.4 million as of September 30, 2025, up from $48.7 million at December 31, 2024. Book value per common share rose to $20.12 at September 30, 2025, from $18.69 at September 30, 2024. Accumulated other comprehensive income improved to $340,000 at September 30, 2025, from an accumulated other comprehensive loss of $305,000 at December 31, 2024. Merger expenses related to the proposed merger with Norwood Financial Corp. were $335,000 for both the three and nine months ended September 30, 2025. The allowance for credit losses was 1.26% of loans outstanding at September 30, 2025. The weighted average life of debt securities available-for-sale was 2.44 years at September 30, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PB Bankshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001849670-25-000034), on October 23, 2025, and is solely responsible for the information contained therein.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10