GlobeNewswire·Aug 12, 2026, 1:00 PM ET

Pinnacle Bankshares Corporation Announces Increased Dividend

Pinnacle Bankshares Corporation declared a cash dividend of $0.33 per share on August 11, 2026.
The dividend is payable on September 4, 2026, to shareholders of record as of August 21, 2026.
This $0.33 per share amount represents a $0.03 increase, or 10%, from the $0.30 paid last quarter.
The declaration marks the fifty-sixth consecutive quarter that Pinnacle has declared a dividend.
CEO Aubrey H. Hall, III cited earnings growth, liquidity, asset quality, & capital position as drivers for the increase & a new record high stock price of $68.87 achieved on August 7, 2026.
Pinnacle serves Central & Southern Virginia through nineteen branches in Amherst, Bedford, Campbell, Halifax, & Pittsylvania counties, & the cities of Charlottesville, Danville, & Lynchburg.
First National Bank, the holding company's bank, celebrated its 118th year of operation in 2026.
The press release includes forward-looking statements regarding future credit quality, loan losses, & economic conditions, & outlines risks such as inflation, interest rate changes, & cybersecurity threats.