PCB News and Press, Pacific City Financial Corporation From 10/22/22

Summary Cedar Creek increased by 13.4% in the third quarter, net of fees and expenses, and was up 2.4% in the first nine months, net of fees and expenses. Cedar Creek fund holdings are at incredibly attractive prices. We continue to have more attractive ideas than capital. ...

PCB Bancorp press release ( NASDAQ: PCB ): Q2 GAAP EPS of $0.60 (vs. $0.64 in prior-year quarter). Revenue of $25M (+3.5% Y/Y). For further details see: PCB Bancorp Q2 GAAP EPS down Y/Y, revenue up

PCB Bancorp ( NASDAQ: PCB ) on Thursday announced a stock repurchase program of up to 5% of its outstanding shares as of the date of the announcement through Feb. 1, 2023. The buybacks will begin from Aug. 2. The program may be suspended or discontinued at any time. ...

Taiwan Semiconductor Manufacturing (NYSE:TSM) executives said at a symposium call on Thursday that the world's biggest chipmaker will have the next version of ASML's (NASDAQ:ASML) most advanced chip making tool in 2024, according to Reuters report. The device called "high-NA EU...

On May 24, 2022, PCB Bancorp (NASDAQ: PCB), a California corporation (the “Company”), the holding company of Pacific City Bank (the “Bank”), received a capital investment of $69.1 million from the U.S. Department of Treasury (the “Treasury”) und...

PCB Bancorp press release (NASDAQ:PCB): Q1 GAAP EPS of $0.67 beats by $0.09. Revenue of $25.28M (+22.2% Y/Y) beats by $0.58M. For further details see: PCB Bancorp GAAP EPS of $0.67 beats by $0.09, revenue of $25.28M beats by $0.58M

PCB Bancorp (NASDAQ:PCB) declares $0.15/share quarterly dividend, in line with previous. Forward yield 2.85% Payable May 20; for shareholders of record May 13; ex-div May 12. See PCB Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: PCB Bancorp declares $0...

PCB Bancorp (the “Company”) (NASDAQ: PCB), the holding company of Pacific City Bank (the “Bank”), today reported net income of $10.2 million, or $0.67 per diluted common share, for the first quarter of 2022, compared with $10.7 million, or $0.70 per diluted c...

PCB Bancorp (the “Company”) (NASDAQ: PCB), the holding company of Pacific City Bank (the “Bank”), announced that on April 28, 2022, its Board of Directors declared a quarterly cash dividend of $0.15 per common share. The dividend will be paid on or about May ...

In excess of 60% of PCB Bancorp's loan book is invested in commercial real estate loans. With an average LTV ratio of just around 50%, the bank's risk management appears to be quite good. That's also visible in the credit quality: just under $1M of the almost $2B in loans and secu...