PBBI News and Press, PB Bancorp Inc.

Activist investor Lawrence Seidman is known for his ability to spot opportunities in the banking sector, either by finding an acquisition target or by convincing a bank's management team to change its approach. Seidman has acquired more than a 5% stake in banks 43 times , according to Barron's...

Merger activity continued to remain lackluster last week with no new deals announced and four deals closing. There were only two new deals announced in the month of April, the lowest we have seen since we started tracking M&A data more than 10 years ago. I expect May to remain a low volu...

WEST WARWICK, R.I. and PUTNAM, Conn. , April 27, 2020 /PRNewswire/ -- Centreville Bank , a Rhode Island -chartered savings bank, and PB Bancorp, Inc. (NASDAQ Capital Market: PBBI) jointly announced today that all regulatory approvals relating to the acquisition by Centreville Bank o...

Merger activity increased last week with four new deals announced and four deals closing. Deal Statistics: New Deals: The acquisition of Innophos Holdings ( IPHS ) by an affiliate of One Rock Capital Partners for $932 million or $32.00 per share in cash. The acquisition of C...

October has been an eventful month. Of my eight suggested bank stocks, six released earnings and another agreed to be bought out. With this plethora of information, I will not provide my usual tabular format of all data as it would cover many pages. If you have interest in a particular one jus...

Gainers:  Tile Shop Holdings (NASDAQ: TTS ) +53% . Cemtrex (NASDAQ: CETX ) +40% . PB Bancorp (NASDAQ: PBBI ) +30% . Sunworks (NASDAQ: SUNW ) +24% . The Dixie Group (NASDAQ: DXYN ) +24% . Nautilus (NYSE: NLS ) +22% . Nano Dimension (NASDAQ: NNDM ) +22% . Trans World Entertainmen...

WEST WARWICK, R.I. and PUTNAM, Conn. , Oct. 22, 2019 /PRNewswire/ -- Centreville Bank, a Rhode Island -chartered savings bank, and PB Bancorp, Inc. (NASDAQ Capital Market: PBBI) jointly announced today that they have entered into a definitive merger agreement for Centreville Bank...

I now have seven community banks in my portfolio. Of these, North American Savings Bank ( OTC:NASB ) released third quarter earnings in August and Putnam Bancorp ( PBBI ) released yearly earnings in September. All of the other five banks will release third quarter earnings in late October. Wit...

I now have five community banks in my portfolio. Between tweaking my analysis calculations and several quarterly reports, I feel a discussion of the performance and updated estimates is in order. In late June, Katahdin Bancshares ( KTHN ) announced a $2 million share buyback program to run...

All four of the banks I have recommended released quarterly reports this month. In each case, the bank is heading in the right direction. Rather than listing four spreadsheets with tons of data, the following three tables should adequately summarize the current status of the investments. T...