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2023-11-21 05:59:21 ET Summary Despite all the doomsday pessimism surrounding the regional banking crisis when it peaked in March 2023, the SPDR S&P Regional Banking ETF has outperformed the broader S&P 500 Index. Since we initiated our "Strong Buy" rating on KRE, the fund...
2023-10-27 15:03:17 ET More on River City Bank Dividend scorecard for River City Bank Financial information for River City Bank For further details see: River City Bank goes ex dividend Monday
2023-10-19 09:18:32 ET More on River City Bank Dividend scorecard for River City Bank Financial information for River City Bank For further details see: River City Bank GAAP EPS of $10.94
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 $...
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SACRAMENTO, CA / ACCESSWIRE / July 17, 2024 / River City Bank (the Bank) reported net income of $17.2 million, or $11.66 per diluted share, for the quarter ended June 30, 2024, which compares favorably to the $14.4 million, or $9.65 per diluted share, for the same period in 2023. Net income wa...
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...