PCB Bancorp Reports Earnings of $3.6 million for Q1 2020
PCB Bancorp (PCB)
Last pcb bancorp earnings: 4/30 04:05 pm
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--PCB Bancorp (the “Company”) (NASDAQ: PCB), the holding company of Pacific City Bank (the “Bank”), today reported net income of $3.6 million, or $0.23 per diluted common share for the first quarter of 2020, compared with $4.2 million, or $0.26 per diluted common share, for the previous quarter and $6.6 million, or $0.40 per diluted common share, for the year-ago quarter.Q1 2020 Financial HighlightsNet income totaled $3.6 million or $0.23 per diluted common share;The Company recorded a provision for loan losses of $2.9 million primarily due to an increase in the economic uncertainty due to the COVID-19 pandemic.Allowance for loan losses to total loans held-for-investment ratio was 1.15% at March 31, 2020 compared with 0.99% at December 31, 2019 and 0.98% at March 31, 2019.Total assets were $1.80 billion at March 31, 2020, an increase of $53.6 million, or 3.1%, from $1.75 billion at December 31, 2019, and an increase of $82.2 million, or 4.8%, from $1.72
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PCB
News
- PCB Bancorp (NASDAQ: PCB) had its price target raised by analysts at Keefe, Bruyette & Woods from $20.00 to $23.00. They now have a "market perform" rating on the stock.MarketBeat
- Best Income Stocks to Buy for December 3rd [Yahoo! Finance]Yahoo! Finance
- President of PCB Bancorp Picks Up 1.5% More Stock [Yahoo! Finance]Yahoo! Finance
- Be Sure To Check Out PCB Bancorp (NASDAQ:PCB) Before It Goes Ex-Dividend [Yahoo! Finance]Yahoo! Finance
- PCB Bancorp (NASDAQ: PCB) had its price target raised by analysts at Piper Sandler from $20.00 to $21.00. They now have a "neutral" rating on the stock.MarketBeat
PCB
Earnings
- 10/24/24 - Beat
PCB
Sec Filings
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- PCB's page on the SEC website