PB Financial Corporation (PBNC)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
PB Financial Corporation (PBNC) trades at $68.80 with AI Score 53/100 (Grade B). PB Financial Corporation is the financial holding company for Providence Bank, offering commercial and retail banking products and services across Nash, Edgecombe, Wake, and Wilson Counties in North Carolina. Market cap: $151.88M, Sector: Financial services.
Price live · AI analysis from Jun 14, 2026Analyst Coverage for PBNC: PBNC does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates PBNC against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
PBNC: 4/6 perspectives are bullish. Dominant signal: Seth Klarman bullish.
How is this calculated? →PB Financial Corporation (PBNC) Financial Services Profile
PB Financial Corporation, through Providence Bank, delivers comprehensive commercial and retail banking solutions across four North Carolina counties. Established in 2006, it focuses on local communities, offering diverse accounts, loans, and digital services, positioning itself as a key regional financial services provider.
What Is the Investment Thesis for PBNC?
PB Financial Corporation, operating as Providence Bank, presents a profile rooted in regional banking stability and community focus. With a market capitalization of $151.88M and a P/E ratio of 8.3, the company demonstrates a valuation that reflects its operational scale and profitability. Its robust profit margin of 29.0% and gross margin of 66.2% indicate efficient management of its banking operations and strong revenue generation from its core services. The dividend yield of 4.01% provides a consistent return for shareholders, underscoring its commitment to investor value. Key value drivers include its established presence in growing North Carolina counties, fostering deep client relationships and local market expertise. The diversified product offering, spanning both personal and business banking, provides multiple revenue streams and mitigates reliance on any single service line. Growth catalysts could emerge from continued economic development within its service areas, driving increased demand for loans and deposit products. However, potential risks include interest rate fluctuations impacting net interest margin, increased competition from larger financial institutions, and the inherent challenges associated with its OTC market listing, such as lower liquidity and disclosure limitations. Investors would assess PBNC for its regional banking fundamentals and income generation potential.
Based on FMP financials and quantitative analysis
PBNC Key Highlights
- Market Capitalization: $0.17 billion, reflecting its scale as a regional financial institution focused on specific North Carolina counties.
- P/E Ratio: 8.36, indicating its valuation relative to earnings, which can be compared against regional banking peers.
- Profit Margin: 29.0%, demonstrating strong profitability from its commercial and retail banking operations.
- Gross Margin: 66.2%, showcasing efficiency in its core banking services and effective cost management.
- Dividend Yield: 4.01%, providing a notable income stream to shareholders, indicative of a stable financial position.
Who Are PBNC's Competitors?
PBNC is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| MCHB Mechanics Bank | $16.21 | +0.31% | 4B | 71 |
| STLE Steele Bancorp Inc. | $43.05 | -0.67% | $80.01M | 69 |
| NASB NASB Financial, Inc. | $40.30 | +0.00% | $289.22M | 68 |
| CIBEY Commercial International Bank (Egypt) S.A.E | $2.63 | +3.54% | $8.68B | 67 |
| BUSE First Busey Corporation | $29.58 | -0.25% | $2.50B | 63 |
| CVLY Codorus Valley Bancorp, Inc. | $24.04 | +4.98% | $232.28M | 63 |
| FBVI FCN Banc Corp. | $35.87 | +0.17% | $61.78M | 63 |
| LLDTF Lloyds Banking Group plc | $1.45 | +0.00% | $84.34B | 63 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are PBNC's Key Strengths?
- Established presence and community focus in Nash, Edgecombe, Wake, and Wilson Counties, North Carolina.
- Diversified product offerings for both personal and business banking clients, including a wide array of loans and accounts.
- Strong profitability metrics with a 29.0% profit margin and 66.2% gross margin.
- Competitive dividend yield of 4.01%, indicating a commitment to shareholder returns.
What Are PBNC's Weaknesses?
- Limited geographic reach confined to four North Carolina counties, potentially limiting scalability.
- Relatively small employee base of 33, which might constrain rapid expansion or specialized service offerings.
- Trades on the OTC market, which can entail lower liquidity and less visibility compared to major exchanges.
- Disclosure status on OTC is 'Unknown', potentially impacting investor confidence and transparency.
What Could Drive PBNC Stock Higher?
- Sustained economic growth within Nash, Edgecombe, Wake, and Wilson Counties, potentially increasing demand for commercial and consumer loans.
- Continued adoption and expansion of the company's digital banking services, enhancing customer convenience and operational efficiency.
- A favorable interest rate environment that could lead to improved net interest margins and increased profitability for its lending activities.
- Successful implementation of strategies to deepen relationships with existing business clients, driving higher fee income from cash management and merchant services.
What Are the Key Risks for PBNC?
- Financial-distress signal — its Altman Z-Score of -0.71 sits in the distress zone (elevated bankruptcy risk).
- Fluctuations in interest rates, which can negatively impact the bank's net interest margin and overall profitability.
- Increased competition from larger regional and national banks that may enter or expand their presence in PB Financial Corporation's core North Carolina markets.
- Regulatory changes and increased compliance costs within the financial services sector, potentially impacting operational expenses and strategic flexibility.
- An economic downturn or localized recession in its operating counties, which could lead to higher loan defaults and deterioration in asset quality.
- Challenges associated with its OTC market listing, including lower liquidity, reduced transparency, and potential difficulty in attracting institutional investment.
What Are the Growth Opportunities for PBNC?
- Deepening Relationships with Existing Business Clients: PB Financial Corporation can enhance its revenue by expanding the adoption of its cash management, remote deposit capture, and merchant services among its current commercial clientele. By offering more integrated financial solutions, the company can increase fee income and customer stickiness. The market for comprehensive business banking services continues to grow as small and medium-sized enterprises seek efficiency and technological integration, providing an ongoing opportunity for cross-selling and service expansion within its established North Carolina counties.
- Strategic Expansion of Digital Banking Capabilities: Investing further in and promoting its E-delivery information services, online banking, and mobile capabilities represents a significant growth avenue. The broader financial services industry is experiencing a continuous shift towards digital-first interactions, driven by customer convenience. By enhancing user experience and functionality, PB Financial Corporation can attract a younger demographic and retain existing clients who increasingly prefer digital channels, potentially expanding its reach beyond physical branch limitations within its current operating counties over the next 3-5 years.
- Targeted Commercial Lending in Growing North Carolina Counties: With branches in Nash, Edgecombe, Wake, and Wilson Counties, PB Financial Corporation is positioned in areas experiencing varying degrees of economic growth. By focusing its commercial loan offerings on specific sectors or businesses within these counties that demonstrate robust expansion, such as real estate development, small business expansion, or agricultural ventures, the bank can capture higher-yield lending opportunities. This targeted approach allows for optimized risk management and leverages local market knowledge for sustained loan portfolio growth over the medium term.
- Expanding Deposit Base through Community Engagement: Strengthening community ties and offering competitive deposit products can lead to a larger and more stable deposit base. Engaging in local events, sponsoring community initiatives, and providing financial literacy programs can enhance brand loyalty and attract new personal and business accounts. A robust deposit base provides a low-cost funding source for lending activities, directly impacting profitability. This strategy is an ongoing effort that continuously reinforces the bank's position as a trusted local financial partner.
- Optimizing Product Mix for Enhanced Profitability: Continuously analyzing and adjusting the mix of personal and business banking products and services can drive profitability. This involves identifying high-demand, higher-margin products, such as specific types of commercial loans or specialized savings accounts, and strategically marketing them. By ensuring that the product portfolio aligns with current market needs and interest rate environments, PB Financial Corporation can maximize its net interest income and fee-based revenue, adapting its offerings to maintain competitiveness and profitability in the regional market.
What Opportunities Does PBNC Have?
- Continued economic growth and development within its target North Carolina counties, increasing demand for banking services.
- Expansion and enhancement of digital banking services to attract new customers and improve operational efficiency.
- Deepening relationships with existing commercial clients by cross-selling additional cash management and lending solutions.
- Potential to strategically expand into adjacent, underserved communities within North Carolina.
What Threats Does PBNC Face?
- Fluctuations in interest rates, which can significantly impact net interest margin and overall profitability.
- Increased competition from larger regional and national banks entering its local markets.
- Regulatory changes and compliance costs specific to the banking sector, potentially increasing operational expenses.
- Economic downturns or localized recessions that could lead to higher loan defaults and impact asset quality.
What Are PBNC's Competitive Advantages?
- Established local presence and community ties in specific North Carolina counties, fostering customer loyalty.
- Personalized customer service typical of regional banks, differentiating from larger, more impersonal institutions.
- Deep understanding of local market dynamics and credit needs within its operating geographies.
- Diversified product portfolio catering to both personal and business clients, creating multiple revenue streams.
- Branch network in key North Carolina counties providing physical accessibility and trust for local clientele.
What Does PBNC Do?
PB Financial Corporation operates as the financial holding company for Providence Bank, a regional bank founded in 2006 and headquartered in Rocky Mount, North Carolina. The company's core mission revolves around providing a comprehensive suite of commercial and retail banking products and services tailored to the needs of individuals and businesses within its specific geographic footprint. This footprint includes branches strategically located across Nash, Edgecombe, Wake, and Wilson Counties in North Carolina, emphasizing a community-focused banking model. For personal banking clients, Providence Bank offers a range of essential services designed to manage finances effectively. These include various checking accounts, savings accounts, money market accounts, certificate of deposit (CD) options, and individual retirement accounts (IRAs). Lending products for individuals encompass consumer loans, equity lines of credit, mortgages, and personal lines of credit, alongside credit card services. The bank also provides modern conveniences such as E-delivery information services, online banking, telephone banking, ATM access, online bill pay, and statement e-delivery, complemented by debit card services. On the business banking front, PB Financial Corporation caters to commercial clients with specialized products. This includes business checking accounts, commercial money market accounts, business savings accounts, CDs, and lawyer's trust accounts. The commercial lending portfolio is robust, offering loans for machinery, equipment, vehicles, office/warehouse/land purchases and improvements, refinances, balance sheet expansion, investment property, and leasehold improvements. Additionally, lines of credit are available for working capital, agriculture, inventory, and seasonal needs. Business clients benefit from E-delivery information services, comprehensive cash management services, remote deposit capture, online banking, sweep accounts, merchant services, and telephone banking services. This diversified offering allows PB Financial Corporation to serve a broad spectrum of financial needs within its regional market.
What Products and Services Does PBNC Offer?
- Provides commercial banking products including business checking, money market, savings, CDs, and lawyer's trust accounts.
- Offers commercial loans for machinery, equipment, vehicles, real estate purchases, improvements, and balance sheet expansion.
- Extends lines of credit for working capital, agriculture, inventory, and seasonal business needs.
- Delivers personal banking services such as checking, savings, money market, CDs, and individual retirement accounts.
- Offers personal loans including consumer loans, equity lines, mortgages, personal lines of credit, and credit cards.
- Provides digital banking solutions: E-delivery, online banking, remote deposit capture, and online bill pay.
- Operates a network of physical branches in Nash, Edgecombe, Wake, and Wilson Counties of North Carolina.
- Offers cash management services, sweep accounts, merchant services, telephone banking, and ATM access.
How Does PBNC Make Money?
- Generates interest income primarily from its loan portfolio, including commercial, consumer, equity, and mortgage loans.
- Earns fee income from various banking services such as cash management, merchant services, and account maintenance.
- Attracts deposits through a range of personal and business accounts (checking, savings, money market, CDs) which serve as a funding source for lending.
- Manages interest rate spread, borrowing funds at lower rates (deposits) and lending at higher rates (loans) to generate net interest income.
- Provides digital and traditional banking infrastructure to facilitate transactions and account management for customers.
What Industry Does PBNC Operate In?
PB Financial Corporation operates within the highly regulated and competitive Banks - Regional industry, a segment of the broader Financial Services sector. Regional banks like Providence Bank typically focus on serving specific geographic areas, building strong community ties, and offering personalized services that larger national banks may not provide. The industry is influenced by macroeconomic factors such as interest rate environments, which directly impact net interest margins, and local economic conditions that affect loan demand and credit quality. In North Carolina, the banking landscape includes both large national players and numerous smaller community banks, creating a competitive environment for deposits and lending. PB Financial Corporation's strategy emphasizes its local presence in Nash, Edgecombe, Wake, and Wilson Counties, aiming to differentiate through tailored commercial and retail banking solutions and deep customer relationships, leveraging its understanding of the local market dynamics.
Who Are PBNC's Key Customers?
- Individuals and families seeking personal banking services like checking, savings, loans, and mortgages.
- Small to medium-sized businesses requiring commercial loans, lines of credit, and specialized business accounts.
- Agricultural enterprises needing financing for inventory and seasonal operational needs.
- Legal professionals utilizing lawyer's trust accounts for client funds.
- Local communities within Nash, Edgecombe, Wake, and Wilson Counties of North Carolina.
How PB Financial Corporation Is Valued
PB Financial Corporation carries a market capitalization of $151.88M, placing it in the micro-cap category. Relative to its peer group, PBNC's quantitative score of 53/100 is below the peer average of 68/100.
Company Profile
PB Financial Corporation operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Rocky Mount, US. The company is led by CEO Ted E. Whitehurst. PBNC has traded publicly since 2021.
ROE 16%Key Financial Metrics
Return on equity for PB Financial Corporation stands at 15.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.6%, showing how much profit it generates from its asset base. PBNC trades at a trailing price-to-earnings ratio of 8.32, below the Financial Services sector average of ~18x. Its free cash flow yield is 15.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.04 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 12.0%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 7/9Financial Health
PB Financial Corporation's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of -0.71 places it in the distress zone, a signal of elevated financial risk.
PBNC Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- PB Financial seems to be gaining favor within the community lately, with chatter suggesting they're well-positioned to capitalize on regional banking opportunities.
- Recent insider activity suggests confidence in the company's direction, as some are interpreting moves as a sign of long-term commitment.
- The overall market perception of regional banks has improved slightly, potentially creating a tailwind for PB Financial.
- There's a growing narrative that PB Financial is undervalued compared to its peers, attracting attention from value-focused investors.
Bear Case
- Community sentiment, while improving, still harbors concerns about PB Financial's exposure to certain sectors.
- There's a lingering perception that PB Financial's growth strategy is overly reliant on acquisitions, which introduces integration risks.
- Negative market developments, like increased regulatory scrutiny, could disproportionately impact smaller financial institutions like PB Financial.
- Some community members are worried about potential loan defaults given the current economic climate, which could affect PB Financial's profitability.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
PBNC Latest News
No recent news available for PBNC.
PBNC Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for PBNC.
Price Targets
Wall Street price target analysis for PBNC.
PBNC MoonshotScore
What does this score mean?
The MoonshotScore rates PBNC's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Ted E. Whitehurst
Chief Executive Officer
Ted E. Whitehurst serves as the chief executive officer for PB Financial Corporation, overseeing its operations and strategic direction. With 33 employees under his management, Mr. Whitehurst is responsible for guiding the Providence Bank's commercial and retail banking services within its North Carolina market. Specific details regarding Mr. Whitehurst's career history, education, and previous roles are not provided in the source data.
Track Record: Mr. Whitehurst's track record at PB Financial Corporation, including specific achievements or strategic decisions under his leadership, is not detailed in the available information. His role involves managing the company's operations and guiding its market positioning within the regional banking sector.
PBNC OTC Market Information
PB Financial Corporation trades on the OTC market under the 'OTC Other' tier. This tier is typically for companies that do not meet the listing requirements for OTCQX or OTCQB, or choose not to provide sufficient disclosure for those tiers. Unlike stocks listed on major exchanges like NYSE or NASDAQ, which have stringent listing standards regarding financial health, corporate governance, and minimum share prices, 'OTC Other' companies have fewer regulatory and reporting obligations. This often results in less publicly available information and a lower level of transparency for investors.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Public Information: The 'Unknown' disclosure status means less financial and operational data is readily available, making comprehensive due diligence challenging.
- Lower Liquidity: Trading on the OTC market, especially in the 'OTC Other' tier, often results in lower trading volumes and wider bid-ask spreads, making it harder to buy or sell shares.
- Price Volatility: Reduced liquidity and less transparency can lead to greater share price fluctuations and less stable valuations.
- Limited Regulatory Oversight: OTC markets generally have less stringent regulatory requirements compared to major exchanges, which can expose investors to higher risks.
- Difficulty in Valuation: The lack of comprehensive, regularly updated financial reports can make it difficult for investors to accurately assess the company's intrinsic value.
- Verify the company's most recent financial statements (if available) directly from their investor relations or regulatory filings.
- Research management's background, experience, and track record beyond what is publicly stated.
- Assess the company's business operations, market position, and competitive landscape through independent research.
- Examine any available information on regulatory compliance and potential enforcement actions.
- Investigate the share structure and any potential dilution risks from outstanding warrants or convertible securities.
- Consult with a financial advisor experienced in OTC investments due to the unique risks involved.
- Established Founding Date: Founded in 2006, indicating a sustained operational history over more than a decade.
- Physical Branch Network: Operates branches in specific North Carolina counties (Nash, Edgecombe, Wake, Wilson), signifying tangible assets and local community presence.
- Clear Business Description: Provides a detailed account of its commercial and retail banking products and services, indicating a legitimate operational focus.
- Identified CEO: Ted E. Whitehurst is named as the CEO, providing clear leadership accountability.
- Employee Count: Manages 33 employees, suggesting a functional organizational structure and ongoing operations.
What Investors Ask About PB Financial Corporation (PBNC) — Financial Services
What does PB Financial Corporation do?
PB Financial Corporation functions as the financial holding company for Providence Bank, a regional bank based in Rocky Mount, North Carolina. The company provides a comprehensive suite of commercial and retail banking products and services. For individuals, this includes various checking, savings, money market, CD, and IRA accounts, alongside consumer loans, mortgages, equity lines, and credit cards. Business clients are offered commercial checking, savings, money market, and CD accounts, as well as commercial loans for real estate, equipment, and working capital lines of credit. Both segments benefit from digital services like online banking and E-delivery, serving communities in Nash, Edgecombe, Wake, and Wilson Counties.
What is PB Financial Corporation's credit quality and risk management approach?
PB Financial Corporation's credit quality is intrinsically linked to the economic health of its operating counties in North Carolina, given its regional focus. The bank's loan portfolio includes a mix of consumer, mortgage, and commercial loans, with risk management likely centered on thorough underwriting processes, collateral assessment, and ongoing monitoring of borrower financial health. Given its regional bank status, it would adhere to established banking regulations for loan loss provisioning and capital adequacy. The diversified nature of its loan book across different client segments helps to spread risk, while local market knowledge aids in assessing creditworthiness within its specific operational areas.
What regulatory challenges does PB Financial Corporation face?
As a financial holding company operating a regional bank, PB Financial Corporation navigates a complex regulatory landscape. It is subject to oversight from federal and state banking authorities, which impose requirements related to capital adequacy, liquidity, consumer protection, and anti-money laundering (AML) compliance. Changes in monetary policy, such as interest rate adjustments by the Federal Reserve, directly impact its net interest margin. Additionally, the costs associated with maintaining compliance, including reporting requirements and internal controls, can be substantial for regional banks. The 'Unknown' disclosure status on the OTC market also highlights potential challenges related to transparency requirements.
How does PB Financial Corporation generate revenue?
PB Financial Corporation primarily generates revenue through two main channels: net interest income and non-interest income. Net interest income is derived from the difference between the interest earned on its loan portfolio (commercial loans, consumer loans, mortgages) and investments, and the interest paid on its deposit accounts (checking, savings, money market, CDs). Non-interest income is generated through various fee-based services, including cash management services for businesses, merchant services, ATM fees, and other service charges. The company's diversified product offerings for both personal and business clients contribute to these revenue streams, with a focus on maximizing the spread on its lending activities and growing its fee-based services.
What are the key factors to evaluate for PBNC?
PB Financial Corporation (PBNC) holds an AI score of 53/100 (moderate). P/E: 8.3x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does PBNC data refresh on this page?
PBNC prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven PBNC's recent stock price performance?
PB Financial Corporation (PBNC) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established presence and community focus in Nash, Edgecombe, Wake, and Wilson Counties, North Carolina. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider PBNC overvalued or undervalued right now?
PB Financial Corporation (PBNC) trades at 8.3x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited public financial data beyond key metrics provided. No analyst coverage or price targets available in the source data. OTC market listing implies potential for lower liquidity and transparency.