Pacific Continental (PCBK) Declares $0.11 Quarterly Dividend; 3.3% Yield
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Pacific Continental Corporation Reports Third Quarter 2015 Results
October 14, 2015 4:31 PM EDTEUGENE, Ore., Oct. 14, 2015 /PRNewswire/ -- Pacific Continental Corporation (Nasdaq: PCBK), the holding company of Pacific Continental Bank, today reported financial results for the third quarter 2015.
Recent highlights:
Achieved quarterly loan growth of $50.9 million. Achieved quarterly net income of $5.3 million, or $0.27 per diluted share. Achieved quarterly core deposit growth of $20.3 million. Achieved a return on average assets of 1.14%. Declared fourth quarter 2015 regular quarterly cash dividend of $0.11 per share. Efficiency ratio improved further to 55.12%. Recognized by Bank... MorePacific Continental Corporation Declares Regular Dividend
October 14, 2015 4:31 PM EDTEUGENE, Ore., Oct. 14, 2015 /PRNewswire/ --Â Pacific Continental Corporation (Nasdaq: PCBK), the holding company of Pacific Continental Bank, today announced that its board of directors approved a regular cash dividend of $0.11 per share. The dividend is payable November 12, 2015, to shareholders of record as of October 28, 2015.
"Pacific Continental posted very positive earnings this quarter with excellent loan growth and continued focus on efficiency," said Roger Busse, president and chief executive officer. "Current profitability and our future outlook provide management and our board of... More
