PB Financial Corp (PBNC) AI Stock Analysis

• Market Cap: $137.73M
• Dividend Yield: 4.27%
• Average Volume (3M): 917.00
• Price to Earnings (P/E): 8.8
• Beta (1Y): -0.04
• Revenue Growth: 21.71%
• EPS Growth: 17.03%
• Country: US
• Employees: 33
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 1.97
• Shares Outstanding: 2,207,576
• 10 Day Avg. Volume: 758
• 30 Day Avg. Volume: 917
• PEG Ratio: -1.82
• Price to Book (P/B): 0.93
• Price to Sales (P/S): 1.56
• P/FCF Ratio: 7.57
• Enterprise Value/Market Cap: 1.13
• Enterprise Value/Revenue: 1.97
• Enterprise Value/Gross Profit: 3.18
• Enterprise Value/Ebitda: 5.82
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: $62.00 ▲(9.23% Upside)
• Action: Reiterated Date: 12/30/25
• Date: Action: Reiterated 12/30/25

The score is driven primarily by solid financial performance (growth and improved leverage) and a compelling valuation (low P/E and strong dividend yield). Technicals are supportive with an uptrend, though elevated stochastic suggests momentum may be less favorable in the near term.

Positive Factors

Revenue Growth

Sustained revenue growth indicates strong market demand and effective business strategies, supporting long-term expansion and stability.

Balance Sheet Health

Improved leverage and a stronger balance sheet enhance financial stability and reduce risk, providing a solid foundation for future growth.

Cash Generation Ability

Consistent cash generation supports operational flexibility and investment capacity, ensuring the company can fund growth initiatives and weather downturns.

Negative Factors

Margin Compression

Margin compression suggests increasing costs or pricing pressures, potentially impacting profitability and limiting reinvestment opportunities.

Profitability Normalization

Decreased returns on equity indicate a normalization of profitability, which may challenge the company’s ability to maintain high growth rates.

Cash Coverage Weakness

Weak cash coverage ratios highlight potential liquidity issues, which could constrain financial flexibility and increase vulnerability to economic shifts.

PB Financial Corp Business Overview & Revenue Model

Company Description

PB Financial Corporation operates as the financial holding company for Providence Bank that provides commercial and retail banking products and services. The company's personal banking products and services include checking accounts, savings accounts, money market accounts, certificate of deposit (CD), and individual retirement accounts; loans, such as consumer loans, equity lines, mortgages, and personal lines of credit, as well as credit cards; E-delivery information services; online banking services; and other products and services comprising telephone banking, ATM, online bill pay, and statement e-delivery services, as well as debit cards. Its business banking products and services include checking accounts, commercial money market accounts, business savings accounts, CDs, and lawyer's trust accounts; commercial loans for machinery, equipment, vehicles, office/warehouse/land purchases and improvements, refinances, balance sheet expansion, investment property, and leasehold improvements, as well as lines of credit for working capital, agriculture, inventory, and seasonal needs; E-delivery information services; cash management services; remote deposit capture services; online banking services; and other products and services comprising sweep accounts, merchant services, and telephone banking services. The company has its branches in Nash, Edgecombe, Wake, and Wilson Counties of North Carolina. PB Financial Corporation was founded in 2006 and is based in Rocky Mount, North Carolina.

How the Company Makes Money

PB Financial Corp Financial Statement Overview

Summary

Strong multi-year revenue growth and still-healthy profitability, supported by improved leverage and a more conservative balance sheet. Offsetting factors include notable margin compression in 2024 and weaker recent cash coverage metrics, which temper overall quality.

Income Statement

Revenue has grown strongly over the last several years (rising from ~$23.7M in 2019 to ~$79.5M in 2024), indicating solid top-line momentum. Profitability remains healthy in 2024 with net margin around 21% and EBIT margin around 29%, but both are materially below the unusually high margins reported from 2020–2023, pointing to margin compression and a less favorable earnings mix/rate environment. Overall: good growth and still-profitable, but with a clear step-down in margins that tempers the quality of the trajectory.

Balance Sheet

Leverage has improved meaningfully: debt-to-equity declined from elevated levels in 2022 (~1.46x) to a more conservative level in 2024 (~0.45x), while equity expanded to ~$133.3M. Returns on equity remain solid (about 12.7% in 2024), though down from 2022 highs (~21%), consistent with the profitability normalization. Total assets have grown to ~$1.32B, supporting scale, but the business remains sensitive to credit and rate cycles typical for regional banks despite the improved capital posture.

Cash Flow

Cash generation is steady: operating cash flow was ~$17.0M in 2024 and free cash flow was ~$16.4M, with free cash flow closely tracking net income (about 96% in 2024 and near ~98–100% in prior years), which supports earnings quality. However, the provided operating cash flow coverage ratio is very low in 2023–2024 (roughly 0.02x to 0.02x), implying weaker cash coverage versus the balance-sheet base in the latest periods and some volatility versus earlier years. Overall: good conversion of profits into cash, but weaker coverage signals reduce the score.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	79.18M	79.54M	54.24M	36.74M	28.20M	24.77M
Gross Profit	49.11M	41.77M	30.61M	28.63M	21.77M	17.20M
EBITDA	26.83M	23.01M	18.16M	18.78M	13.10M	9.25M
Net Income	20.71M	16.92M	13.92M	14.25M	9.82M	6.81M
Balance Sheet
Total Assets	1.39B	1.32B	982.39M	849.17M	701.42M	586.56M
Cash, Cash Equivalents and Short-Term Investments	0.00	0.00	122.07M	123.14M	124.63M	92.86M
Total Debt	53.10M	60.31M	83.70M	101.74M	59.14M	68.43M
Total Liabilities	1.24B	1.18B	894.86M	781.76M	636.15M	528.46M
Stockholders Equity	148.04M	133.29M	87.53M	67.41M	65.27M	58.10M
Cash Flow
Free Cash Flow	0.00	16.36M	14.77M	15.00M	10.74M	7.15M
Operating Cash Flow	0.00	17.01M	15.02M	15.05M	10.81M	7.33M
Investing Cash Flow	0.00	-112.70M	-136.50M	-173.94M	-134.53M	-91.93M
Financing Cash Flow	0.00	95.90M	115.42M	141.27M	105.32M	100.81M

PB Financial Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 56.76
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PBNC, the sentiment is Positive. The current price of 56.76 is below the 20-day moving average (MA) of 60.82, below the 50-day MA of 57.64, and above the 200-day MA of 51.99, indicating a bullish trend. The MACD of 1.39 indicates Positive momentum. The RSI at 83.38 is Negative, neither overbought nor oversold. The STOCH value of 56.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PBNC.

PB Financial Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PBNC	76 Outperform	$137.73M	8.77	14.69%	4.27%	21.71%	17.03%
UNB	74 Outperform	$106.54M	9.57	15.11%	6.08%	14.52%	27.90%
SRBK	68 Neutral	$125.36M	45.66	1.57%	0.88%	9.43%	166.36%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
SFBC	64 Neutral	$108.98M	15.33	6.52%	1.75%	2.85%	73.41%
RVSB	57 Neutral	$110.80M	23.08	2.90%	1.51%	8.77%	369.81%
BSBK	48 Neutral	$110.10M	51.30	0.35%	―	-15.09%	―