Pinnacle Bank Q2 FY26 net income rises 12% to $1.48 million; interest income falls 4% to $11.79 million
Reuters2026/07/30 22:17Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Pinnacle Bank posted Q2 net income of $1.48 million, up 12% from the prior quarter; EPS rose to $0.25 from $0.22.
- Net interest income slipped 2% quarter-on-quarter to $8.15 million, while non-interest income fell 91% to $46,000.
- Non-interest expense declined 12% from the prior quarter to $6.1 million, while income tax expense increased 36% to $614,000.
- Total assets were $936.97 million at June 30, up 7% year-on-year; deposits increased 7% to $810.32 million.
- Loans rose 2% year-on-year to $576.41 million; nonperforming assets were $17.3 million, down from $21.91 million at March 31.
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. Pinnacle Bank published the original content used to generate this news brief via Business Wire (Ref. ID: 202607301817BIZWIRE_USPR_____20260730_BW044319) on July 30, 2026, and is solely responsible for the information contained therein.
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