Pb Bankshares, INC
Market Movers (8-K)
PB Bankshares, Inc. shareholders have approved the merger agreement with Norwood Financial Corp, paving the way for the creation of a larger banking entity.
PB Bankshares, Inc. announced a significant increase in net income and diluted earnings per share for the third quarter and first nine months of 2025, driven by improved net interest income and margin expansion.
Better than expected
PB Bankshares, Inc. announced a significant increase in net income and diluted earnings per share for the second quarter and first half of 2025, driven by robust net interest income growth and improved asset quality.
Better than expected
8-K: Norwood Financial to Acquire PB Bankshares, Expanding Pennsylvania Footprint in $54.9 Million Deal
Norwood Financial Corp and PB Bankshares, Inc. have announced a definitive merger agreement valued at approximately $54.9 million, significantly expanding Norwood's presence in Central and Southeastern Pennsylvania.
Better than expected
Capital raise
Delay expected
PB Bankshares, Inc. announced that all proposals, including the re-election of four directors and the ratification of its independent accounting firm, were approved by stockholders at its Annual Meeting held on May 28, 2025.
PB Bankshares, Inc. announces a significant increase in net income for the first quarter of 2025, driven by improved net interest income and margin.
Better than expected
Quarterly Earnings (10-Q)
PB Bankshares, Inc. reported a significant increase in net income for the third quarter and first nine months of 2025, driven by improved net interest income and a pending merger with Norwood Financial Corp.
Better than expected
PB Bankshares, Inc. reported significant Q2 2025 earnings growth and announced a definitive merger agreement with Norwood Financial Corp, set to close in late 2025 or early 2026.
Better than expected
PB Bankshares, Inc. announces a rise in net income for the first quarter of 2025, driven by growth in net interest income and noninterest income, alongside an expanding commercial loan portfolio.
Better than expected
PB Bankshares experienced a decrease in net income for the third quarter of 2024 compared to the same period last year, primarily due to increased interest expenses and a decrease in net interest income.
Worse than expected
PB Bankshares experienced a decrease in net income for the second quarter of 2024 compared to the same period last year, primarily due to increased interest expenses.
Worse than expected
PB Bankshares experienced a decrease in net income for the first quarter of 2024, primarily due to increased interest expenses and a decrease in net interest income, despite growth in loans and deposits.
Worse than expected
Annual Reports (10-K)
PB Bankshares' 2024 annual report reveals a slight decrease in net income despite growth in assets and a strategic focus on commercial lending.
Worse than expected
PB Bankshares Inc. experienced a slight decrease in net income for 2023, despite growth in assets and deposits, as the company continues its strategic shift towards commercial lending.
Worse than expected
Insider Trading (Form 4)
PB Bankshares Director John V Pinno III reported the disposition of all his common stock and stock options following the company's merger with Norwood Financial Corp.
PB Bankshares director Thomas R. Greenfield reported the disposal of common stock and cancellation of stock options following the merger with Norwood Financial Corp.
PB Bankshares Director Spencer J. Andress reported the disposition of common stock and stock options following the merger with Norwood Financial Corp.
PB Bankshares Director Larry J Constable reported the disposition of common stock and stock options on January 5, 2026, as part of the merger with Norwood Financial Corp.
PB Bankshares' Chief Financial Officer, Lindsay S. Bixler, reported the disposition of common stock and stock options following the merger with Norwood Financial Corp.
PB Bankshares Chief Info. & Oper. Officer Larry Witt disposed of common stock and stock options following the merger with Norwood Financial Corp.
Proxy Statements (Def-14A)
PB Bankshares, Inc. will merge with Norwood Financial Corp in an 80% stock, 20% cash transaction, unanimously recommended by PB Bankshares' board.
Delay expected
PB Bankshares, Inc. will hold its 2025 Annual Meeting of Stockholders on May 28, 2025, to elect directors and ratify the appointment of its independent accounting firm.
PB Bankshares, Inc. will hold its 2024 Annual Meeting of Stockholders on May 22, 2024, to elect directors and ratify the appointment of its independent accounting firm.
Schedule 13G - Passive Investments
Jacobs Asset Management and its affiliates have fully divested their beneficial ownership in PB Bankshares Inc., now holding 0% of common stock.
Worse than expected
Steven R. Gerbel and Chicago Capital Management, LLC have disclosed a passive 5.71% beneficial ownership stake in PB Bankshares Inc.
Jacobs Asset Management, LLC and its affiliates have reported a beneficial ownership of 6.18% in PB Bankshares Inc.'s common stock, totaling 157,700 shares.