Pacific Financial Corporation (PFLC) Raises Quarterly Dividend 7.7% to $0.14; 5.7% Yield
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Pacific Financial Corp Earns $3.6 Million, or $0.35 per Diluted Share, for Third Quarter of 2023, and $11.7 Million, or $1.12 per Diluted Share, for the First Nine Months of 2023; Declares Quarterly
October 27, 2023 9:00 AM EDTABERDEEN, Wash., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Pacific Financial Corporation (OTCQX: PFLC), (Pacific Financial) or the (Company), the holding company for Bank of the Pacific (the Bank), reported net income of $3.6 million, or $0.35 per diluted share for the third quarter of 2023, compared to $3.9 million, or $0.37 per diluted share for the second quarter of 2023, and $2.9 million, or $0.28 per diluted share for the third quarter of 2022. For the first nine months of 2023, net income was $11.7 million, or $1.12 per diluted share, compared to $6.2 million, or $0.59 per diluted share, for the first nine months of 2022. All results are... More
