PCB Bancorp

PCB Bancorp Announces Stock Repurchase Program

PCB Bancorp's board approved a share repurchase program authorizing the buyback of up to 700,000 shares of common stock through September 22, 2027. Repurchases may occur via open market, block, or privately negotiated transactions, and the company intends to adopt a Rule 10b5-1 trading plan administered by an independent broker. The program is discretionary and can be modified or suspended at any time, so it signals capital-return intent rather than a firm commitment.

•28d ago

PCB Bank Launches 2026 Brand Campaign, "To a World of Possibilities - That's PCBility"

PCB Bank announced the launch of its 2026 brand campaign, "To a World of Possibilities - That's PCBility," aimed at illustrating the synergy between customer ambitions and the bank's financial expertise. The campaign features a mix of live action and animation to visualize customer goals and will be distributed across television, digital, print, and out-of-home media. CEO Henry Kim emphasized that the initiative underscores the bank's commitment to helping customers achieve greater success through its financial solutions.

•2mo ago

PCB: 10-Q · periodic report

PCB Bancorp reported Q2 2026 net income available to common shareholders of $10.4 million, up 16.0% from $9.0 million a year earlier, with diluted EPS of $0.73 versus $0.62. Net interest income rose to $27.5 million from $26.0 million while net interest margin held steady at 3.33%, and the provision for credit losses fell to $926 thousand from $1.8 million. The balance sheet expanded on all fronts: total assets grew 5.7% year-to-date to $3.47 billion, loans held-for-investment rose 4.0% to $2.93 billion, and deposits climbed 4.6% to $2.92 billion. Asset quality remained clean with nonperforming loans of just $8.72 million (0.30% of loans) and the ACL ratio flat at 1.18%, while return on average assets reached 1.24%. Capital return continued on both channels: the company completed its 720,000-share repurchase program as of July 23, 2026, having bought back 150,439 shares in H1 2026 at a weighted-average $25.23, and the board declared a $0.22 per-share quarterly dividend payable on or about August 14, 2026. Book value per share rose to $28.40 from $27.41 at year-end 2025. Watch items are modest but real: the modeled allowance would rise by approximately $21.4 million under an adverse downside economic scenario, the company remains asset-sensitive with net interest income falling an estimated 10.7% under a -200bps rate shock, and it does not yet meet the Threshold Conditions needed to repurchase its $69.1 million of ECIP Series C Preferred Stock from the U.S. Treasury at a discount.

SEC 10-Q•2mo ago

PCB Bancorp Declares Quarterly Cash Dividend of $0.22 Per Common Share

PCB Bancorp announced that its Board of Directors declared a quarterly cash dividend of $0.22 per common share. The dividend is payable on or about August 14, 2026, to shareholders of record as of the close of business on August 7, 2026.

•3mo ago

PCB Bancorp Reports Earnings for Q2 2026

PCB Bancorp reported Q2 2026 net income available to common shareholders of $10.4 million, or $0.73 per share, an increase of 16% from the year-ago quarter. Net interest income grew 5.8% year-over-year to $27.5 million, driven by loan and deposit growth, while the net interest margin remained stable at 3.33%. The company maintained strong asset quality with a nonperforming assets ratio of 0.25% and repurchased $3.8 million of common stock during the first half of the year.

•3mo ago

PCB Bancorp Declares Quarterly Cash Dividend of $0.22 Per Common Share

PCB Bancorp's Board of Directors declared a quarterly cash dividend of $0.22 per common share. The dividend is payable on or about May 15, 2026, to shareholders of record at the close of business on May 8, 2026.

•6mo ago

PCB Bancorp Reports Earnings for Q1 2026

PCB Bancorp reported Q1 2026 net income available to common shareholders of $10.6 million, or $0.74 per diluted share, representing a 15.5% increase from the previous quarter. The company demonstrated operational strength with net interest margin expanding eight basis points to 3.36% and total assets growing 3.5% sequentially to $3.40 billion. Despite the solid earnings, credit quality metrics showed some deterioration with loans past due 30-89 days increasing significantly, though overall non-performing assets remained flat at 0.27%.

•6mo ago