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LA JOLLA, Calif., Aug. 17, 2026 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (PBAM) (“Company”), the parent company of CalPrivate Bank (“Bank”) announced the appointment of Andra Frazier as the Bank’s new Executive Vice President and Chief Credit Officer. Ms. Frazier brings decades of diverse experience working in the banking industry at both regional and community banks to support CalPrivate Bank’s strategic growth and credit risk management. Rick Sowers, President and Chief Executive O
LA JOLLA, Calif., July 29, 2026 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (NASDAQ: PBAM), (the “Company”), the holding company for CalPrivate Bank (the “Bank”), announced today that its Registration Statement on Form 10 has been declared effective by the U.S. Securities and Exchange Commission (the “SEC”) and the Nasdaq Stock Market LLC (“NASDAQ”) has approved the listing of its common stock on the Nasdaq Global Select Market. After more than 13 years trading on the OTCQX market, the
Second Quarter 2026 Highlights Net income for the second quarter of 2026 was $13.1 million, compared to $12.0 million in the prior quarter and $10.4 million in the second quarter of 2025.Net income for the second quarter of 2026 represents a return on average assets of 1.99% and a return on average tangible common equity(1) of 18.90%.Diluted earnings per share for the second quarter of 2026 was $2.27, compared to $2.07 in the prior quarter and $1.77 in the second quarter of 2025.Core deposits we
LA JOLLA, Calif., July 07, 2026 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX:PBAM), (the “Company”) and CalPrivate Bank (the “Bank”) today announced that Robert Tidd has joined the Bank as Executive Vice President and General Counsel. Mr. Tidd brings nearly 20 years of experience advising financial institutions on legal, regulatory, privacy, and governance matters. Prior to joining CalPrivate Bank, Mr. Tidd served in such capacities as SVP, Senior Counsel as well as Chief Operatio
LA JOLLA, Calif., July 07, 2026 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX:PBAM), (the “Company”) and CalPrivate Bank (the “Bank”) today announced that Andrew Meitzen has resigned from the position of Chief Credit Officer, effective July 3, 2026. The Bank thanks Andrew for his dedicated service and valuable contributions to the Bank’s credit management team. There was no dispute between the Company or the Bank and Mr. Meitzen that led to his resignation. CalPrivate Bank remains
If you are looking for stocks that are well positioned to maintain their recent uptrend, Private Bancorp of America (PBAM) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
PHIN, SNX and PBAM made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 12th, 2026.
LA JOLLA, Calif., April 06, 2026 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX:PBAM), (“Company”) and CalPrivate Bank (“Bank”) today announced that Michael Pierron has joined the Bank as Executive Vice President and Chief Operating Officer. Mr. Pierron has over 25 years of experience in banking operations, payments, technology, strategic execution and enterprise transformation. During his career, Michael has led teams responsible for banking operations, strategic sourcing, and tech
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