PCB Bancorp (PCB) Declares $0.10 Quarterly Dividend; 2.8% Yield

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Go back to PCB Bancorp (PCB) Declares $0.10 Quarterly Dividend; 2.8% Yield

PCB Bancorp Reports Earnings of $8.6 million for Q1 2021 and Declares $0.10 Quarterly Cash Dividend

April 22, 2021 4:30 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- PCB Bancorp (the Company) (NASDAQ: PCB), the holding company of Pacific City Bank (the Bank), today reported net income of $8.6 million, or $0.55 per diluted common share for the first quarter of 2021, compared with $5.8 million, or $0.38 per diluted common share, for the previous quarter and $3.6 million, or $0.23 per diluted common share, for the year-ago quarter.

Q1 2021 Highlights

Net income totaled $8.6 million or $0.55 per diluted common share; The Company recorded a provision (reversal) for loan losses of $(1.1) million for the current quarter compared... More