Pinnacle Bank (PBNK) Q1 2026 earnings summary

Executive summary

• Net income for Q1 2026 was $1.32 million, down 31% year-over-year from $1.91 million in Q1 2025.

• Total assets grew 6% year-over-year to $945.8 million as of March 31, 2026.

• Total deposits increased 6% year-over-year to $823.5 million.

Financial highlights

• Interest income for Q1 2026 was $11.83 million, down 2% year-over-year.

• Net interest income declined 5% year-over-year to $8.33 million.

• Non-interest income rose 23% year-over-year to $0.50 million.

• Non-interest expense increased 5% year-over-year to $6.91 million.

• Basic and diluted EPS for Q1 2026 were $0.22, down from $0.32 in Q1 2025.

Outlook and guidance

• Management emphasized ongoing commitment to relationship-based banking and supporting local businesses and nonprofits.

• Forward-looking statements caution about risks from interest rates, inflation, regulation, and economic conditions in California.