earnings
confidence high
sentiment neutral
materiality 0.60
PCB Bancorp Q2 net income $6.3M ($0.43), up 34% QoQ; NIM expands to 3.16%
PCB BANCORP
2024-Q2 EPS reported
$0.75
revenue$1,276,000
- Net income $6.3M ($0.43 diluted EPS), up 34% QoQ vs $4.7M ($0.33); down 16% YoY.
- Net interest margin expanded to 3.16% from 3.10%; loans held-for-investment grew 2.1% to $2.45B.
- Nonperforming loans increased to $7.5M (0.31% of loans) from $4.94M; provision for credit losses $259K.
- Quarterly dividend $0.18/share declared; stock repurchase program extended through Aug 2025 with ~577,777 shares left.