Pacific Continental (PCBK) Reports In-Line Q1 EPS
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Pacific Continental Corporation Reports First Quarter Results
April 20, 2016 4:31 PM EDTEUGENE, Ore., April 20, 2016 /PRNewswire/ --Â Pacific Continental Corporation (Nasdaq: PCBK), the holding company of Pacific Continental Bank, today reported financial results for the first quarter ended March 31, 2016.
First Quarter highlights:
Net income of $5.5 million, or $0.28 per diluted share. Return on average assets of 1.12%. Return on average tangible equity of 12.35%. Tax-equivalent net interest margin of 4.27%. Efficiency ratio of 57.52%. Declared second quarter 2016 regular quarterly cash dividend of $0.11 per share. Recognized by S&P Global Market Intelligence as the 19th... MorePacific Continental Corporation Declares Regular Dividend
April 20, 2016 4:31 PM EDTEUGENE, Ore., April 20, 2016 /PRNewswire/ -- 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 May 23, to shareholders of record as of May 9.
"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
