PBCO Financial lifts third-quarter net income to $2.6 million
PBCO Financial reported Q3 2026 net income of $2.6 million and EPS of $0.51, up from $2.2 million and $0.43 in Q2. Source: TradingView.
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what happened
According to TradingView, PBCO Financial Corporation posted third-quarter 2026 net income of $2.6 million, or $0.51 per share. In the second quarter, those figures stood at $2.2 million and $0.43, respectively.
Loans grew by $9.0 million (1.6%) and deposits rose by $18.2 million (3.0%). Of the deposit gain, $15.0 million came from brokered funding. Non-recurring merger costs totaled $648 thousand, and the leverage ratio improved to 15.81% from 15.40%.
The company is awaiting completion of its pending merger with Northrim BanCorp.
why it matters
The report shows sequential gains in earnings and capital ahead of the planned deal. Part of the deposit growth relied on brokered funds, so the durability of the core retail deposit base remains a key question. One-time costs also distort the read on operating efficiency.
tags
instruments
sources
- PBCO Financial Corporation (PBCO) Posts Q3 Net Income $2.6M, EPS $0.51 — TradingView, 21 October 2026 at 22:52 UTC
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