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Pinnacle Bank (PBNK)

Pinnacle Bank (PBNK)
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Pinnacle Bank is a full-service business bank dedicated to providing quality depository and credit services in Santa Clara, San Benito and Monterey counties. The bank focuses on commercial banking services for small to medium-sized businesses, offering a variety of products and services that combine the best of personal touch with convenient technology-based client service. Pinnacle Bank has locations in Morgan Hill, Gilroy and Salinas.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 53,910 50,820 34,820 31,210 25,910
Sales Growth +6.08% +45.95% +11.57% +20.46% +5.24%
Net Income 8,850 11,770 8,450 7,750 3,940
Net Income Growth -24.81% +39.29% +9.03% +96.70% -29.14%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 846,850 817,420 757,890 738,470 616,850
Total Assets Growth +3.60% +7.85% +2.63% +19.72% +47.08%
Total Liabilities 747,870 729,490 684,220 672,060 558,620
Total Liabilities Growth +2.52% +6.62% +1.81% +20.31% +52.75%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 14,870 12,150 8,610 8,820 4,650
Operating Cash Flow Growth +22.39% +41.12% -2.38% +89.68% -15.15%
Net Cash Flow 24,410 11,560 -175,740 146,560 41,390
Change in Net Cash Flow +111.16% +106.58% -219.91% +254.10% +225.91%
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