PB Financial Corp (PBNC) AI Stock Analysis

• Market Cap: $141.06M
• Dividend Yield: 4.27%
• Average Volume (3M): 917.00
• Price to Earnings (P/E): 5.4
• 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: 0.08
• Price to Book (P/B): 0.80
• Price to Sales (P/S): 1.36
• P/FCF Ratio: 5.11
• Enterprise Value/Market Cap: 1.13
• Enterprise Value/Revenue: 1.98
• Enterprise Value/Gross Profit: 3.04
• Enterprise Value/Ebitda: 5.42
• 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: $75.00 ▲(32.14% Upside)
• Action: Reiterated Date: 03/16/26
• Date: Action: Reiterated 03/16/26

The score is driven primarily by solid financial performance (growth, profitability, and improved leverage) and very attractive valuation (low P/E and strong dividend yield). Technicals are supportive due to the strong uptrend, but the extremely overbought RSI meaningfully tempers the near-term outlook.

Positive Factors

Revenue Growth

Consistent, accelerating revenue growth (2025 up ~14%) reflects expanding core franchise and customer activity. Over a 2–6 month horizon this supports durable earnings, funds loan and product reinvestment, and reduces dependence on one-off gains for profitability.

Improved Leverage & ROE

Material deleveraging to a ~0.35 D/E and sustained mid‑teens ROE improve resilience to credit cycles and create capacity to support lending or capital returns. A stronger balance sheet increases regulatory and funding flexibility over the medium term.

Cash Generation Quality

Operating and free cash flow that broadly tracks net income supports earnings quality and internal funding for loan growth, reserves, and dividends. Reliable cash conversion strengthens long‑term capital allocation and reduces reliance on external financing.

Negative Factors

Margin Volatility

Significant margin swings suggest earnings are sensitive to rate and credit environment shifts. For a regional bank, persistent volatility undermines predictable net interest income and provisioning, complicating medium‑term planning and capital allocation decisions.

Uneven Cash Flow & Reporting Gaps

Historic FCF variability and missing 2025 coverage metrics reduce confidence in cash cushions against loan losses or funding stress. This impedes clear assessment of dividend sustainability and elevates uncertainty around internal liquidity across cycles.

Small Scale / Concentration Risk

A very small employee base and thin trading/liquidity profile indicate limited operational scale and potential customer or product concentration. This constrains diversification, increases execution and compliance risk, and can slow strategic expansion versus larger peers.

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

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PB Financial Corp Financial Statement Overview

Summary

Strong multi-year revenue and earnings trajectory with solid profitability (net margin improving to ~25% in 2025) and materially improved leverage (debt-to-equity down to ~0.35 by 2025). Offsets include notable margin volatility across years and less complete/consistent latest cash-flow coverage detail, adding some uncertainty.

Income Statement

Revenue has grown meaningfully over time, accelerating in 2025 (annual revenue up ~14% vs. 2024, following strong gains in 2022–2023). Profitability is solid, with net margin improving to ~25% in 2025 from ~21% in 2024 and operating profitability also stronger. The main weakness is margin volatility: margins were exceptionally high in 2021–2022 and then reset lower in 2023–2024 before rebounding in 2025, suggesting earnings can be sensitive to the rate/credit environment.

Balance Sheet

Leverage has improved materially, with debt-to-equity declining from ~1.51 (2022) to ~0.35 (2025), alongside steady equity growth and a larger asset base. Returns on equity have remained healthy (mid-teens in most years), indicating the balance sheet is being used productively. The key watch-out is that leverage was higher in prior years and can fluctuate in banking, so the improved profile should be monitored for durability across cycles.

Cash Flow

Cash generation is generally strong: operating cash flow and free cash flow increased in 2025, and historically free cash flow has closely tracked net income (near 1x in 2020–2024), which supports earnings quality. However, free cash flow growth has been uneven (negative in 2023 and roughly flat in 2020), and the 2025 dataset shows coverage fields reported as 0.0, limiting visibility into some cash-flow-to-earnings/coverage signals for the latest year.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	90.08M	79.54M	54.24M	36.74M	28.20M
Gross Profit	52.48M	41.77M	30.61M	28.63M	21.77M
EBITDA	29.43M	23.01M	18.16M	18.78M	13.10M
Net Income	22.83M	16.92M	13.92M	14.25M	9.82M
Balance Sheet
Total Assets	1.40B	1.32B	982.39M	849.17M	701.42M
Cash, Cash Equivalents and Short-Term Investments	34.61M	0.00	122.07M	123.14M	124.63M
Total Debt	53.12M	60.31M	83.70M	101.74M	59.14M
Total Liabilities	1.25B	1.18B	894.86M	781.76M	636.15M
Stockholders Equity	153.07M	133.29M	87.53M	67.41M	65.27M
Cash Flow
Free Cash Flow	23.90M	16.36M	14.77M	15.00M	10.74M
Operating Cash Flow	23.98M	17.01M	15.02M	15.05M	10.81M
Investing Cash Flow	-66.67M	-112.70M	-136.50M	-173.94M	-134.53M
Financing Cash Flow	57.61M	95.90M	115.42M	141.27M	105.32M

PB Financial Corp Technical Analysis

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

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 63.86, below the 50-day MA of 60.66, and above the 200-day MA of 53.35, indicating a bullish trend. The MACD of 1.26 indicates Positive momentum. The RSI at 54.35 is Neutral, neither overbought nor oversold. The STOCH value of 12.05 is Positive, 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	$141.06M	5.35	14.69%	4.27%	21.71%	17.03%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
SFBC	65 Neutral	$112.60M	12.42	6.70%	1.75%	2.85%	73.41%
SRBK	59 Neutral	$126.08M	35.78	1.57%	0.88%	9.43%	166.36%
RVSB	57 Neutral	$106.87M	18.92	2.98%	1.51%	8.77%	369.81%
UNB	53 Neutral	$103.10M	9.78	14.80%	6.08%	14.52%	27.90%
BSBK	48 Neutral	$106.60M	39.11	1.50%	―	-15.09%	―