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PBBK

PB Bankshares, Inc.

PBBK

PB Bankshares, Inc. • NASDAQ
$21.50 ▼ -1.01% (-0.22)
Market Cap $51.05 M
52w High $21.73
52w Low $14.16
Dividend Yield 0%
P/E 21.94
Volume 2.58K
Outstanding Shares 2.37M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $6.52M ▲ $5.79M ▲ $519K ▼ 7.96% ▼ $0.22 ▼ $839K ▼
Q2-2025 $6.501M ▲ $2.664M ▲ $640K ▲ 9.845% ▲ $0.28 ▲ $923K ▲
Q1-2025 $6.186M ▲ $2.626M ▲ $473K ▼ 7.646% ▼ $0.21 ▼ $713K ▼
Q4-2024 $6.059M ▼ $2.123M ▼ $681K ▲ 11.239% ▲ $0.29 ▲ $948K ▲
Q3-2024 $6.246M $2.512M $404K 6.468% $0.18 $607K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $80.082M ▲ $456.437M ▼ $405.083M ▼ $51.354M ▲
Q2-2025 $78.592M ▼ $464.127M ▼ $413.782M ▼ $50.345M ▲
Q1-2025 $81.285M ▼ $467.105M ▲ $417.587M ▲ $49.518M ▲
Q4-2024 $85.745M ▲ $451.317M ▼ $402.659M ▼ $48.658M ▲
Q3-2024 $80.87M $452.857M $405.165M $47.692M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $519K ▼ $779K ▼ $7.268M ▲ $-8.673M ▼ $-626K ▲ $779K ▼
Q2-2025 $640K ▲ $1.353M ▲ $-3.702M ▼ $-4.495M ▼ $-6.844M ▼ $1.335M ▲
Q1-2025 $473K ▼ $-289K ▼ $10.111M ▲ $15.151M ▲ $24.973M ▲ $-374K ▼
Q4-2024 $681K ▲ $757K ▲ $-14.085M ▼ $-3.414M ▼ $-16.742M ▼ $437K ▼
Q3-2024 $404K $697K $-3.236M $2.327M $-212K $663K

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Debit Card
Debit Card
 $0 ▲$0 ▲$0 ▲$0 ▲
Deposit Account
Deposit Account
 $0 ▲$0 ▲$0 ▲$0 ▲
Financial Service Other
Financial Service Other
 $0 ▲$0 ▲$0 ▲$0 ▲
Other Noninterest
Other Noninterest
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement PB Bankshares looks like a steady, modestly growing community bank rather than a high-growth story. Revenue has inched up over the past few years, not dramatically but consistently. Earnings turned around from a small loss several years ago to solidly positive results, with profitability per share improving after the IPO and then easing a bit more recently. That pattern suggests a bank that has found its footing but is not immune to pressure on margins from funding costs, loan competition, and general interest-rate swings. Overall, the income statement points to a small bank that is profitable, fairly stable, and growing gradually, not one undergoing explosive change.

Balance Sheet

Balance Sheet The balance sheet has been building out in a controlled way, with total assets rising each year as the bank expands its lending and deposit base. Equity has grown alongside, which is a reassuring sign of retained strength and capital support for that growth. Debt has increased compared to several years ago but still looks measured for a bank of this size. Cash on hand is modest, which is typical for a community bank that mainly uses deposits to fund loans. Overall, the balance sheet reflects a small but growing bank with a generally conservative profile, where the key questions are loan quality and funding mix rather than sheer size.

Cash Flow

Cash Flow The reported cash flow details are very limited, which makes it hard to draw firm conclusions from this data alone. As a traditional bank, most of PB Bankshares’ economic “cash flow” comes from the spread between interest earned on loans and interest paid on deposits and borrowings, rather than from big capital projects. That usually means relatively light spending on physical assets and a focus on balance-sheet management instead. Without clearer disclosure here, the main cash-flow considerations are how stable the bank’s deposit base is, how it manages loan repayments, and how it balances dividends or buybacks versus retaining capital for growth and the upcoming merger.

Competitive Edge

Competitive Edge PB Bankshares operates as a classic community bank: small scale, local focus, and heavy emphasis on personal relationships. Its edge comes from deep roots in its markets, long-standing customer ties, and a service model aimed at high-touch, relationship-based banking. That positioning can be powerful against larger national banks that may feel impersonal to local customers. However, it also means PB Bankshares competes in a crowded field of other community and regional banks, all offering similar products. The planned merger with Norwood Financial is a major strategic shift: it should give the combined entity more scale, a broader footprint in attractive Pennsylvania markets, and a larger product set. The opportunity is a stronger local champion; the risk is integration complexity and the need to preserve the “community feel” while getting bigger.

Innovation and R&D

Innovation and R&D Innovation at PB Bankshares is more about service and structure than about cutting-edge technology. The bank offers standard digital tools—online and mobile banking, remote deposits, and business cash management—but these are now basic requirements rather than true differentiators. PB Bankshares appears to be a fast follower: it adopts established banking technologies instead of trying to invent new ones. There is no visible proprietary tech platform or unique digital strategy. The real “innovation” lever is the merger with Norwood Financial, which could unlock access to more advanced products, wealth management, and possibly stronger digital capabilities from the larger partner. In other words, technology and product breadth are expected to improve more through combination than through internal R&D.

Summary

PB Bankshares is a small, community-focused bank with steady, modest growth, solidifying profitability, and a generally conservative balance sheet. Its strengths are deep local relationships, a traditional service-oriented culture, and a balance sheet that has been expanding in a controlled way. Its weaknesses are limited scale, a lack of distinctive technology or proprietary products, and exposure to the same margin and credit pressures that affect most community banks. The upcoming merger with Norwood Financial is the defining strategic event: it offers a path to greater scale, broader offerings, and potentially better technology, but also introduces integration and execution risk. Going forward, the main issues to watch are how well the merger is executed, how the combined bank manages credit quality and funding costs, and whether it can upgrade its digital and product capabilities without losing the community-banking strengths that underpin its current competitive position.

NEWS

October 14, 2025 · 1:17 PM UTC

PB Bankshares Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PB Bankshares, Inc. - PBBK

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