Quarterly ResultJul 24, 2026, 02:33 PM
PCB Bancorp Q2 Net Income $10.4M, EPS $0.73; Loans $2.93B
AI Summary
PCB Bancorp reported its second quarter 2026 financial results, with net income available to common shareholders at $10.4 million, or $0.73 per diluted share. While net income and diluted EPS saw a slight decrease quarter-over-quarter, they demonstrated significant year-over-year growth. The company also reported growth in its loan portfolio and total deposits, maintained a stable net interest margin, and continued its capital return program through a quarterly cash dividend and share repurchases.
Key Highlights
- Net income available to common shareholders was $10.4 million, or $0.73 per diluted share.
- Loans held-for-investment increased 2.0% QoQ to $2.93 billion.
- Total deposits grew 1.2% QoQ to $2.92 billion.
- Net interest margin stood at 3.33%.
- The company declared a quarterly cash dividend of $0.22 per share.
- PCB Bancorp repurchased 141,434 shares at a weighted average price of $25.47.
- Book value per share increased to $28.40, and TCE per share reached $23.49.
Price Impact
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