FCBP News and Press, First Choice Bancorp From 01/26/21

First Choice (FCBP): Q4 GAAP EPS of $0.92 beats by $0.26.Revenue of $27.27M (+31.2% Y/Y) beats by $3.57M.Shares +2% PM.Press Release For further details see: First Choice EPS beats by $0.26, beats on revenue

Cerritos, CA, Jan. 26, 2021 (GLOBE NEWSWIRE) -- First Choice Bancorp (NASDAQ: FCBP) (the "Company"), the holding company of First Choice Bank, today announced that Mr. Robert M. Franko, the Company’s President, CEO and CFO and Mr. Mag Wangsuwana, the Chief Financial Officer of First ...

Fourth Quarter Highlights Net income of $10.8 million, up 37.0% over Q3'20 and up 81.2% over Q4'19 Diluted earnings per common share of $0.92, up 37.3% over Q3'20 and up 80.4% over Q4'19 Pre-tax pre-provision income was $15.4 million, up 26.9% from Q3'20 and up...

First Choice Bancorp is California-based holding company whose primary subsidiary, First Choice Bank, is organized as a full-service community bank. Growth in ROE at FCBP is attributable to more efficient management of available resources. The bank remains a profitable venture tha...

First Choice Bancorp is reporting very strong earnings as the loan loss provisions remain very low. While more assets have moved to a non-accrual status, the LTV ratio tends to be low, which shields the bank from large losses. Being an SBA preferred lender, First Choice has been a...

Loans will likely continue to grow as the economy recovers. FCBP has a large amount of Paycheck Protection Program loans, whose forgiveness will limit loan growth. The provision expense will likely decline because of large allowances. Further, the credit risk has declined, although it...

CERRITOS, CALIFORNIA, Dec. 07, 2020 (GLOBE NEWSWIRE) -- (Nasdaq Capital Markets: FCBP) - First Choice Bancorp, the holding company for First Choice Bank (the “Bank” or “First Choice”), today announced that the Bank’s fundraising efforts for 2020 will be di...

Cerritos, CA, Nov. 30, 2020 (GLOBE NEWSWIRE) -- First Choice Bancorp (NASDAQ: FCBP) (the "Company"), the holding company of First Choice Bank, today announced that members of its executive management team will participate in the Raymond James Virtual Emerging Bank Symposium on December 1, 2...

First Choice (FCBP) declares $0.25/share quarterly dividend, in line with previous.Forward yield 7.06%Payable Dec. 28; for shareholders of record Dec. 14; ex-div Dec. 11.See FCBP Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: First Choice declares $0.25...

CERRITOS, CALIFORNIA, Oct. 29, 2020 (GLOBE NEWSWIRE) -- (Nasdaq Capital Markets: FCBP) - First Choice Bancorp, the holding company for First Choice Bank (the “Bank” or “First Choice”), today announced that the Bank has been named one of American Bankerȁ...