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Pinnacle Bank’s Q3 Diluted EPS Falls 78% as Net Interest Income Rises 5%

Net interest income reached $9.33 million, up 5% from the year-earlier quarter.

A limestone bank facade stands beside two uneven brass columns / TokenPost.ai
A limestone bank facade stands beside two uneven brass columns / TokenPost.ai

Pinnacle Bank’s third-quarter results showed earnings per share lower than a year earlier, even as net interest income grew, giving investors a mixed picture of the bank’s performance.

Pinnacle Bank (PBNK) had diluted earnings per share of $0.04 for the quarter, a 78% decline year over year. Net interest income was $9.33 million, up 5% from the year-earlier quarter.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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