Private Bancorp of America reports Q3 EPS $1.65, consensus $1.77

Net interest margin was 4.65% for the third quarter of 2025, compared to 4.94% in the prior quarter and 4.44% in the third quarter of 2024, Tangible book value per share was $44.11 as of September 30, 2025, an increase of $1.91 since June 30, 2025 primarily as a result of strong earnings. Tangible book value per share increased 4.5% quarter-over-quarter and 19.6% year over year. Rick Sowers, President and CEO, “Management and the Board continue to be focused on the basics – building and expanding quality Relationships in the communities we serve. This is demonstrated by the improvement in our core deposit franchise and our consistent, strong earnings profile. Although 2025 continues to be a slow year for loan growth due to suppressed demand, what we view as continued unreasonable market pricing, and increased non-bank competition, we are adding new Relationships across our footprint by delivering our Clients customized Solutions that meet their individual needs. Pipelines are strong going into the fourth quarter across our markets, which is encouraging. We believe that focusing on the fundamentals and having a disciplined approach to lending and balance sheet management have served us well and we are not deviating from that strategy. We are excited to open our Montecito Branch this quarter and welcoming Clients into our office in the Upper Village. Led by longtime Santa Barbara banking executive George Leis, we are hitting the ground running and looking forward to gaining market share in this important expansion for CalPrivate Bank.”