Q3 Net Income Climbs 12% to $2.6M as Bank Tops $1B in Assets
PTBS sits 82% above its 52-week low of $14.59.
Summary
Potomac Bancshares earned $2.6M in Q3 2026, or $0.63 per share, up 12% year over year, with return on average assets of 1.02% and return on average equity of 11.70%. Nine-month net income reached $9.0M, up 36%, showing the earnings trend is strengthening beyond a single quarter. Deposits grew $51.6M quarter over quarter, an annualized pace of 24%, while loans rose $6.5M and total assets crossed $1.0B. The bank refinanced $10M of subordinated debt at 6.5% from 8.54% and issued $15M, cutting interest cost and adding capital flexibility. Credit looks clean with nonperforming assets at 0.06% of assets and an allowance for credit losses at 1.00% of loans. Net interest income of $9.3M rose 1% quarter over quarter, and the Q2 one-time fee items mean core growth was better than that headline number suggests.
At the time of this announcement, PTBS was trading at $26.60 on OTC in the Finance sector, with a market capitalization of approximately $110.2M. The 52-week trading range was $14.59 to $27.60. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.