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Pinnacle Bankshares posts record Q3 and 9-month net income, driven by loan growth and asset sales.

Company Fundamentals
26 Oct 2026, 20:00 WIB
GlobeNewsWire
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Bullish
Pinnacle Bankshares posts record Q3 and 9-month net income, driven by loan growth and asset sales.

Pinnacle Bankshares Corporation reported a 20% increase in net income for Q3 2026 to $3.58 million and a 65% rise for the first nine months to $13.1 million, boosted by loan growth, higher net interest income, and a significant gain from selling its stake in Bearing Insurance. The bank's net interest margin expanded to 4.20%, and total assets grew to $1.1 billion. Despite a slight rise in credit loss provisions, asset quality remains strong with stable nonperforming loans. Pinnacle’s strong capital ratios and liquidity position support continued growth and profitability in its Virginia markets.

Pinnacle Bankshares Corporation's Q3 2026 earnings report is the subject, with Pluang's Financials sector data providing market context. As of Oct 26, 2026 22:51 WIB, out of 142 priced Financials-sector US stocks tradable on Pluang, 90 rose and 49 fell. Notable movers include BBD at USD 2.87 with a 1-day change of -29.48%, ITUB at USD 7.61 down 21.30%, and NU at USD 12.30 down 18.87%.

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