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PCLB — Pinnacle Bancshares News Story

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Pinnacle Bancshares' Q3 net income rises on deposit growth

Overview

Pinnacle Q3 net income rises to $1.069 mln from $1.057 mln yr ago

Earnings per share for Q3 increased to $1.19 from $1.16 yr ago

Net interest margin for Q3 declines to 3.20% from 3.24% yr ago

Outlook

Company did not provide specific future guidance

Result Drivers

INFLATION IMPACT - Rising interest rates due to inflation led to unrealized losses in securities portfolio, but management views these as temporary

DEPOSIT GROWTH - Total deposits increased by $7.7 mln or 2.4% compared to December 31, 2024

CAPITAL POSITION - Pinnacle Bank classified as 'well capitalized' with capital ratios exceeding regulatory requirements

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Net Income$1.07 mln
Q3 Net Interest Margin3.20%
Press Release: ID:nBw8CvfX9a For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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