2023-07-21 05:35:22 ET
- Private Bancorp of America press release ( OTCQX:PBAM ): Q2 Non-GAAP EPS of $1.43 misses by $0.31 .
- Revenue of $23.76M (+22.3% Y/Y) beats by $1.28M .
- The provision for loan losses for the second quarter of 2023 was a net reversal of $7.1 million, compared to a charge of $73 thousand for the prior quarter and a charge of $659 thousand for the second quarter of 2022.
- Core deposits were $1.5 billion as of June 30, 2023, an increase of $81 million or 5.3% from March 31, 2023.
- Tangible book value per share was $28.82 as of June 30, 2023, an increase of $2.52 since March 31, 2023.
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Private Bancorp of America Non-GAAP EPS of $1.43 misses by $0.31, revenue of $23.76M beats by $1.28M