Pinnacle Bank (PBNK) Q2 2025 earnings summary

Executive summary

• Net income for Q2 2025 was $2.17 million, up 14% from the prior quarter but down 20% year-over-year.

• Total assets reached $878.1 million, a 3% increase year-over-year.

• Deposit growth continued, with total deposits up 2% year-over-year and 4% since year-end 2024.

Financial highlights

• Interest income for Q2 2025 was $12.28 million, up 2% sequentially but down 4% year-over-year.

• Net interest income rose 2% sequentially to $8.89 million, but fell 6% year-over-year.

• Non-interest income increased 48% sequentially but declined 21% year-over-year.

• Non-interest expense decreased 1% sequentially but rose 4% year-over-year.

• Basic EPS was $0.37, up 15% sequentially but down 21% year-over-year.

Outlook and guidance

• Management notes solid economic activity in core markets despite inflation and trade uncertainties.

• Forward-looking statements caution about risks from interest rates, inflation, regulation, and California real estate.