Quarterly ResultApr 23, 2026, 04:17 PM
PCB Bancorp Q1 2026 Net Income Jumps 15.5% to $10.6M
AI Summary
PCB Bancorp reported strong financial results for Q1 2026, with net income available to common shareholders reaching $10.6 million, or $0.74 per diluted common share. This represents a significant increase from both the previous and year-ago quarters, driven by robust loan and deposit growth, an expanding net interest margin, and effective expense management. The company's CEO highlighted solid credit quality and continued quality earnings growth, expressing commitment to disciplined growth and operational efficiency.
Key Highlights
- Net income available to common shareholders rose 15.5% sequentially to $10.6 million.
- Diluted EPS increased 15.6% sequentially to $0.74 per share.
- Net interest income grew 0.7% sequentially to $26.8 million.
- Total assets increased 3.5% sequentially to $3.40 billion.
- Total deposits increased 3.3% sequentially to $2.89 billion.