First Choice Bancorp (FCBP) Declares $0.20 Quarterly Dividend; 3.9% Yield

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Go back to First Choice Bancorp (FCBP) Declares $0.20 Quarterly Dividend; 3.9% Yield

First Choice Bancorp Announces First Quarter 2019 Financial Results and Declares a Quarterly Cash Dividend of $0.20 Per Share

April 29, 2019 9:01 AM EDT

Current Quarter Highlights

Net income of $7.0 million, or $0.59 per diluted shareNet interest margin increases to 5.50%Return on average assets and average equity of 1.8% and 11.3%Total loans held for investment increased $22.6 million, or 7.2% annualizedNoninterest-bearing deposits at 44.1% of total depositsSecond quarter of 2019 cash dividend of $0.20 per share declaredReceived regulatory approval to consolidate two branch locations effective at the close of business on May 17, 2019

Cerritos, CA, April... More