Pacific Financial Corporation (PFLC) Declares $0.14 Quarterly Dividend; 5.2% Yield
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Pacific Financial Corp Earns $2.9 Million, or $0.28 per Diluted Share, for Fourth Quarter 2023, and Record Earnings of $14.6 Million, or $1.40 per Diluted Share, for the full year ended December 31, 2
January 26, 2024 9:00 AM ESTABERDEEN, Wash., Jan. 26, 2024 (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 $2.9 million, or $0.28 per diluted share for the fourth quarter of 2023, compared to $3.6 million, or $0.35 per diluted share for the third quarter of 2023, and $4.7 million, or $0.45 per diluted share for the fourth quarter of 2022. For the year ended December 31, 2023, net income was $14.6 million, or $1.40 per diluted share, compared to $10.9 million, or $1.04 per diluted share, for the full year of 2022. All results are... More
