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Private Bancorp net income climbs 25.5% to $13.1 million in Q2 FY26; diluted EPS rises 28.2% to $2.27

PUBT·09/04/2026 20:02:35
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Private Bancorp net income climbs 25.5% to $13.1 million in Q2 FY26; diluted EPS rises 28.2% to $2.27
  • Private Bancorp of America posted net income of $13.12 million for the quarter ended June 30, 2026, up 25.54% year over year.
  • Diluted earnings per share rose 28.25% to $2.27; return on average assets widened to 1.99% from 1.69%.
  • Net interest income climbed 11.4% to $33.55 million; net interest margin expanded 24 basis points to 5.18%.
  • Provision for credit losses swung to a $204,000 reversal from a $1.3 million provision, driven by loan payoffs and net recoveries.
  • Noninterest income fell 42.1% to $1 million, while noninterest expense increased 7.5% to $16.86 million on higher compensation and public-company costs.


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. Private Bancorp of America 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: 0001705284-26-000008), on September 04, 2026, and is solely responsible for the information contained therein.