OTCPK:PSBQBanks
PSB Holdings (OTCPK:PSBQ) Stock Sees Revenue Growth But Earnings Pressure Persists
PSB Holdings stock edged 1.6% higher to US$51.50 into the close, which suggests investors are leaning optimistic. The earnings story is more nuanced. Quarterly net income from continuing operations of US$3.3 million sits inside a full year picture where net profit margin has improved to 25.9%. At the same time, the stock trades on a trailing P/E of 14.7x that is above regional bank peers, and the allowance for bad loans coverage at 83% keeps credit risk squarely in focus.
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