Pacific Continental (PCBK) Declares $0.11 Quarterly Dividend; 2.7% Yield
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Pacific Continental Corporation Reports Second Quarter Results
July 20, 2016 4:31 PM EDTEUGENE, Ore., July 20, 2016 /PRNewswire/ --Â Pacific Continental Corporation (Nasdaq: PCBK), the holding company of Pacific Continental Bank, today reported financial results for the second quarter ended June 30, 2016.
Second Quarter highlights:
Total assets surpassed $2.0 billion for the first time. Record quarterly loan growth of $54.8 million. Announced agreement on April 27, 2016 to acquire Foundation Bank, a $422 million bank in Bellevue, WA. Tax-equivalent net interest margin of 4.27%, compared to 4.27% for the first quarter 2016. Net income of $2.6 million, or $0.13 per diluted share. Completed an offering for... MorePacific Continental Corporation Declares Regular Dividend
July 20, 2016 4:31 PM EDTEUGENE, Ore., July 20, 2016 /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 August 16, to shareholders of record as of August 2.
"Pacific Continental posted positive results this quarter and reached the important milestone of exceeding $2 billion in total assets," said Roger Busse, president and chief executive officer. "Current profitability, capital levels and our future outlook provide... More
Pacific Continental Corporation Declares Regular Dividend
July 20, 2016 4:31 PM EDTEUGENE, Ore., July 20, 2016 /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 August 16, to shareholders of record as of August 2.
"Pacific Continental posted positive results this quarter and reached the important milestone of exceeding $2 billion in total assets," said Roger Busse, president and chief executive officer. "Current profitability, capital levels and our future outlook provide... More
