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PCB Bancorp. - PCB STOCK NEWS

Welcome to our dedicated news page for PCB Bancorp. (Ticker: PCB), a resource for investors and traders seeking the latest updates and insights on PCB Bancorp..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PCB Bancorp.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PCB Bancorp.'s position in the market.

Rhea-AI Summary
PCB Bancorp (NASDAQ: PCB) reported a net income of $5.9 million for Q4 2023, down from $7.0 million in the previous quarter and $8.7 million in the year-ago quarter. For 2023, net income was $30.7 million, compared to $35.0 million in the previous year. The company recorded a provision for credit losses of $1.7 million for Q4 2023, compared to $751 thousand in the previous quarter. Net interest income was $21.9 million for Q4 2023, compared to $22.4 million in the previous quarter. Total assets were $2.79 billion at the end of 2023, an increase of $221.5 million from the previous quarter. Loans held-for-investment were $2.32 billion, an increase of $155.8 million from the previous quarter. Total deposits were $2.35 billion, an increase of $159.5 million from the previous quarter.
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-1.77%
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Rhea-AI Summary
PCB Bancorp (PCB) declared a quarterly cash dividend of $0.18 per common share, to be paid on February 24, 2024. The company is the holding company of PCB Bank and operates under the ticker symbol PCB on the NASDAQ.
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-1.77%
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PCB Bancorp reports net income of $7.0 million for Q3 2023
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1%
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PCB Bancorp declares quarterly cash dividend of $0.18 per common share.
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1%
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-1.7%
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-3.62%
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-3.62%
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2.52%
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-1.16%
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management
PCB Bancorp.

Nasdaq:PCB

PCB Rankings

PCB Stock Data

217.10M
10.73M
25.28%
34.17%
0.47%
Commercial Banking
Finance and Insurance
Link
US
Los Angeles

About PCB

pacific city bank was founded to serve the commercial banking needs of primarily asian-american owned small and medium-sized enterprises and real estate investors. specialties include providing various types of financing, such as commercial property loans, small business loans and lines of credit. pacific city bank is one of the leading financial institutions in the korean-american community.