Private Bancorp of America (PBAM) Q4 2025 earnings summary

Executive summary

• Net income for Q4 2025 was $10.0 million, up from $9.7 million in Q3 2025 but down from $10.7 million in Q4 2024.

• FY 2025 net income reached $40.7 million, a 13.5% increase year-over-year.

• Diluted EPS for Q4 2025 was $1.71, and $6.92 for FY 2025, up 12.5% from FY 2024.

• Pretax pre-provision net revenue for FY 2025 was $63.8 million, up 19.1% year-over-year.

• Recognized for top industry performance, including #1 ROA and ROE among banks under $5B in assets.

Financial highlights

• Net interest income for Q4 2025 was $31.1 million, up 5.9% sequentially and 13.3% year-over-year.

• Net interest margin for Q4 2025 was 4.84%, up from 4.65% in Q3 2025 and 4.67% in Q4 2024.

• Total deposits at year-end were $2.22 billion, up 4.2% year-over-year, with core deposits up 13.9%.

• Loans held-for-investment totaled $2.13 billion, up 2.1% sequentially and 2.0% year-over-year.

• Total cost of deposits for Q4 2025 was 1.80%, down from 2.02% in Q3 2025 and 2.36% in Q4 2024.

• Efficiency ratio for Q4 2025 was 48.46%, improved from 50.49% in Q3 2025.

Outlook and guidance

• Management expects continued growth, supported by investments in technology, talent, and expansion into new markets.

• Healthy loan pipelines and focus on reducing criticized and non-performing assets are priorities for 2026.