A bank's profitability affects its safety and soundness. Earnings can be retained by the bank, expanding its capital buffer, or be used to address problematic loans, potentially making the bank more resilient in tough times. Losses, on the other hand, lessen a bank's ability to do those things.
PBI Bank, Inc exceeded the national average on Bankrate's earnings test, achieving a score of 30 out of a possible 30.
Return on equity, calculated by dividing net income (profit, essentially) by the total amount of equity, is one key measure of a bank's earnings. The most recent annualized quarterly return on equity for PBI Bank, Inc was 55.63 percent, above the national average of 8.10 percent.
For the twelve months ended December 31, 2017, the bank earned net income of $38.0 million on total equity of $99.7 million. The bank experienced an annualized return on average assets, or ROA, of 3.99 percent, above the 1 percent deemed satisfactory in accordance with industry standards, and above the average for U.S. banks of 1.00 percent.