---
schema_version: "secwatch.filing_event.v1"
accession: "0001849670-24-000013"
form_type: "8-K"
ticker: null
cik: "0001849670"
company_name: "PB Bankshares, Inc."
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:51:17.072613+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PB Bankshares Q1 net income falls 22% YoY to $317K; EPS $0.13

## Summary
- Net income $317K ($0.13 diluted EPS) vs $409K ($0.16) in Q1 2023, down 22.5%.
- Net interest income $2.6M vs $3.0M YoY, compressed by higher deposit costs.
- Gross loans grew 3.6% QoQ ($11.8M) to $338.4M; deposits up $15.4M (4.6%).
- Company repurchased 50,000 shares at avg $13.35 during Q1.
- Credit quality stable: reversal of provision $84K, non-performing assets at 0.39% of total assets.

## SEC filing metadata
- accession: 0001849670-24-000013
- form_type: 8-K
- cik: 0001849670
- company_name: PB Bankshares, Inc.
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849670/000184967024000013/0001849670-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849670/000184967024000013/pbbk-20240424x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001849670-24-000013
- JSON: https://secwatch.observer/filing/0001849670-24-000013.json
- Plain text: https://secwatch.observer/filing/0001849670-24-000013.txt

## Key facts
- Earnings Releases
  PB Bankshares, Inc. reported the three months ended March 31, 2024 results: net income $317,000, EPS $0.13.
  - Period: the three months ended March 31, 2024
  - Net income: $317,000
  - EPS: $0.13
  - Result: reported results
  source text: PB Bankshares, Inc. (the "Company") issued a press release reporting its financial results at and for the three months ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849670/000184967024000013/0001849670-24-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.