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Private Bancorp of America press release ( OTCQX:PBAM ): Q4 GAAP EPS of $1.31. Revenue of $23.66M (+12.9% Y/Y). Total loans held-for-investment (“HFI”) reached $1.6 billion at December 31, 2022, an increase of $100.9 million or 6.8% from the prior quarter The all...
Fourth Quarter Highlights Net income for the fourth quarter of 2022 was $7.4 million, up 17.0% from the prior quarter and 5.0% from the same period in the prior year Diluted earnings per share for the fourth quarter of 2022 was $1.31, up 17.0% from the prior quarter and 5.6% from th...
LA JOLLA, Calif., Jan. 05, 2023 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX: PBAM) (“Company”) and CalPrivate Bank (“Bank”) President & CEO Rick Sowers announced today that a new finance and accounting leadership team has joined the Company and the ...
Private Bancorp of America press release ( OTCQX:PBAM ): Q3 GAAP EPS of $1.12 beats by $0.26 . Revenue of $22.01M (+21.6% Y/Y) beats by $1.8M . Total loans held-for-investment (“HFI”), excluding Paycheck Protection Program (“PPP”) loans,...
Third Quarter Highlights Net income for the third quarter of 2022 was $6.4 million, up 44.4% from the prior quarter and 25.7% from the same period in the prior year Diluted earnings per share for the third quarter of 2022 was $1.12, up 45.5% from the prior quarter and 25.8% ...
Private Bancorp of America press release ( OTCQX:PBAM ): Q2 Non-GAAP EPS of $0.77. Revenue of $19.42M (+25.5% Y/Y). The provision for loan losses for the second quarter of 2022 was $659K, an increase of $517K compared to the first quarter of 2022. Allowance for Loan Lo...
Second Quarter Highlights Net income for the quarter was $4.4 million, up 2.4% from the same period in the prior year Diluted earnings per share of $0.77, up 2.7% from the same period in the prior year Total loans held-for-investment (“HFI”), excluding Payc...
LA JOLLA, Calif., June 01, 2022 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX: PBAM) today announced that it had completed its Second Stock Repurchase Program previously announced on April 28, 2022 through the repurchase of 60,000 shares. There was no minimum time limit ...
Private Bancorp of America (OTCQX:PBAM) on Thursday announced a second stock buyback program of up to $2.2M, or 60K shares. The buyback program will expire on Dec. 31. The prior stock repurchase program has been terminated, and no shares were repurchased under that program. For further deta...
LA JOLLA, Calif., April 28, 2022 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX:PBAM) today announced that the Board of Directors has adopted a second stock repurchase program, and authorized entering into a written stock repurchase agreement with a broker-dealer. That agreemen...
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