Private Bancorp of America, Inc. Announces Continued Strong Net Income for Second Quarter 2026 and Intent to Uplist to the NASDAQ Stock Market
Private Bancorp of America reported Q2 2026 net income of $13.1 million, or $2.27 per diluted share, up from $12.0 million in the prior quarter, driven by a net interest margin of 5.18% and improved credit quality. The Board authorized a share repurchase program for up to $10.0 million of common stock and announced the filing of a Form 10 to uplist to the NASDAQ Global Select Market, expected in Q3 2026.
Key figures
- Eps
- 2.27
- Revenue
- 33545000
- Net income
- $13.1 million
- Buyback amount
- $10.0 million
- Net interest margin
- 5.18%
- Return on average assets
- 1.99%
- Tangible book value per share
- $49.57
- Return on average tangible common equity
- 18.90%
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.