PBAM Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	153.35	148.63	142.16	116.55	80.92	61.81
Interest Income on Investments	18.92	16.75	12.74	9.11	3.61	1.56
Total Interest Income	172.26	165.38	154.89	125.66	84.53	63.37
Interest Paid on Deposits	39.18	45.07	50.94	30.59	4.9	1.69
Interest Paid on Borrowings	1.75	2.09	3.41	4.75	1.31	2.89
Total Interest Expense	40.93	47.15	54.34	35.34	6.21	4.57
Net Interest Income	131.33	118.23	100.55	90.32	78.32	58.79
Net Interest Income Growth	14.62%	17.58%	11.33%	15.32%	33.22%	16.96%
Other Non-Interest Income	2.09	2.39	1.6	1.73	1.51	1.08
Total Non-Interest Income	5.78	6.93	6.34	4.62	7.34	11.34
Non-Interest Income Growth	-22.48%	9.21%	37.38%	-37.12%	-35.23%	121.36%
Revenues Before Loan Losses	137.12	125.16	106.9	94.94	85.67	70.13
Provision for Loan Losses	5.63	5.94	2.69	-6.15	2.18	2.71
Revenue	131.48	119.22	104.21	101.08	83.49	67.42
Revenue Growth	10.82%	14.40%	3.09%	21.07%	23.84%	35.59%
Salaries and Employee Benefits	42.17	39.61	34.27	29.19	29.15	23.05
Occupancy Expenses	1.3	1.14	1.28	1.34	1.35	1.37
Federal Deposit Insurance	1.4	1.4	1.44	1.19	0.86	0.52
Selling, General & Administrative	20.17	19.23	16.37	12.25	16.88	12.62
Total Non-Interest Expense	66.65	61.38	53.36	43.97	48.24	37.55
EBT Excluding Unusual Items	64.83	57.83	50.85	57.11	35.25	29.86
Asset Writedown	-	-	-	0.3	-0.3	-
Pretax Income	64.83	57.83	50.85	57.42	34.94	29.86
Income Tax Expense	18.32	17.17	15.02	16.56	10.23	8.83
Net Income	46.51	40.67	35.82	40.86	24.71	21.03
Preferred Dividends & Other Adjustments	0.33	0.33	0.28	0.29	0.2	0.28
Net Income to Common	46.18	40.33	35.54	40.56	24.51	20.75
Net Income Growth	12.54%	13.49%	-12.38%	65.52%	18.12%	93.70%
Basic Shares Outstanding	6	6	6	6	6	6
Diluted Shares Outstanding	6	6	6	6	6	6
Shares Change	-1.21%	0.74%	1.35%	0.94%	0.62%	1.62%
EPS (Basic)	8.11	7.03	6.24	7.18	4.41	3.75
EPS (Diluted)	8.01	6.92	6.15	7.11	4.33	3.69
EPS Growth	13.81%	12.52%	-13.50%	64.20%	17.34%	90.21%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Effective Tax Rate	28.26%	29.68%	29.55%	28.84%	29.29%	29.58%