PSB Holdings Posts $0.94 Q3 EPS as Bank First Merger Nears Dec. 4 Close
PSBQ has more than doubled off its 52-week low of $23.3 on light trading volume (0.1× avg).
Summary
PSB Holdings earned $0.94 per share in Q3, up from $0.81 in Q2, on net income of $3.8 million. Net interest margin widened to 3.48% from 3.44% as funding costs fell, and deposits grew $34.8 million to $1.21 billion while FHLB advances dropped $23.0 million. Credit was the soft spot: provisions rose and the allowance for credit losses sits at 1.12% of loans, including a $1.1 million single-name charge-off. The all-stock sale to Bank First is on track to close Dec. 4, 2026, with all shareholder and regulatory approvals already in hand, which effectively pegs PSBQ's value to the exchange ratio rather than standalone earnings.
At the time of this announcement, PSBQ was trading at $50.80 on OTC in the Finance sector, with a market capitalization of approximately $208.2M. The 52-week trading range was $23.30 to $54.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.