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SACRAMENTO, CA / ACCESSWIRE / October 18, 2023 / River City Bank (the Bank) (OTC Pink:RCBC) reported net income of $16.3 million, or $10.94 per diluted share, for the quarter ending September 30, 2023, which compares favorably to the $11 million, or $7.43 per diluted share, for the same period...
2023-09-19 22:50:00 ET Summary Banks have reemerged as a potential pain point for the investment community, as rating agencies recently embarked on a downgrade cycle in the sector. There’s no single cause for these bank downgrades, which means this probably should not be ta...
2023-08-22 04:54:25 ET S&P Global Ratings has downgraded five regional U.S. banks, citing tough operating conditions, although most of their outlooks are now stable on account of improved stability as deposit declines have been more modest than feared. "Amid higher for longer i...
2023-07-21 12:03:17 ET River City Bank ( OTCPK:RCBC ) declares $0.35/share quarterly dividend , in line with previous. Forward yield 0.65% Payable Aug. 15; for shareholders of record Aug. 1; ex-div July 31. See RCBC Dividend Scorecard, Yield Chart, & Dividend...
SACRAMENTO, CA / ACCESSWIRE / July 21, 2023 / Steve Fleming, president and chief executive officer of River City Bank (the Bank), announced that the Bank's board of directors has approved, in connection with the Bank's recently reported net income of $14.4 million or $9.65 diluted earnings per s...
2023-07-20 09:06:13 ET River City Bank press release ( OTCPK:RCBC ): Q2 GAAP EPS of $9.65. The provision for credit losses on loans for the current quarter of $6.5 million was significantly higher than the $1.3 million for the prior-year quarter. During the prior-year quar...
SACRAMENTO, CA / ACCESSWIRE / July 19, 2023 / River City Bank (the Bank) reported net income of $14.4 million, or $9.65 per diluted share, for the quarter ending June 30, 2023, which compares favorably to the $8.9 million, or $5.98 per diluted share, for the same period in 2022. Net income was $...
2023-04-24 11:42:06 ET River City Bank ( OTCPK:RCBC ) declares $8.64/share quarterly dividend , 2518.2% increase from prior dividend of $0.33. Forward yield 17.28% Payable May 16; for shareholders of record May 2; ex-div May 1. See RCBC Dividend Scorecard, Yi...
SACRAMENTO, CA / ACCESSWIRE / April 24, 2023 / Steve Fleming, president and chief executive officer of River City Bank (the Bank), announced that the Bank's board of directors has approved, in connection with the Bank's recently reported net income of $12.9 million or $8.64 diluted earnings pe...
2023-04-19 16:10:25 ET River City Bank press release ( OTCPK:RCBC ): Q1 GAAP EPS of $8.64. $6.9 million gain on sale derived from a true-up related to earn-out provisions from the sale of an investment in the prior year quarter. $7.0 million in mark-to-market gains on inte...
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SACRAMENTO, CA / ACCESSWIRE / May 20, 2024 / River City Bank announces changes to the Board of Directors that were effective April 24, 2024. Paul Duncan, a board member since 2021, retired from the Board as he is relocating out of California. Duncan, a retired bank executive, joined the Board ...
SACRAMENTO, CA / ACCESSWIRE / April 25, 2024 / River City Bank (the Bank) reported net income of $18.7 million, or $12.63 per diluted share, for the quarter ended March 31, 2024, which compares to $12.9 million, or $8.64 per diluted share, for the same period in 2023. The Bank's earnings for the...
SACRAMENTO, CA / ACCESSWIRE / January 25, 2024 / River City Bank (the Bank) reported its 8 th consecutive year of net income with $60.3 million or $40.49 per diluted share for the year ended December 31, 2023; this was $12.5 million more than the $47.8 million or $32.22 per diluted share for ...