PCB Bancorp Declares $0.10 Quarterly Cash Dividend

Rhea-AI Summary

PCB Bancorp (NASDAQ: PCB) announced a quarterly cash dividend of $0.10 per common share on October 22, 2020. The dividend payment date is set for November 13, 2020, to shareholders of record as of the close of business on November 4, 2020. PCB Bancorp serves as the holding company for Pacific City Bank, focusing on commercial banking services primarily for small to medium-sized businesses and individuals in Southern California, especially within Korean-American and other minority communities.

Positive

• Quarterly cash dividend of $0.10 per share announced.
• Dividend payment date of November 13, 2020, enhances shareholder income.

Negative

• None.

LOS ANGELES--(BUSINESS WIRE)--PCB Bancorp (the “Company”) (NASDAQ: PCB), the holding company of Pacific City Bank, announced that on October 22, 2020, its Board of Directors declared a quarterly cash dividend of $0.10 per common share. The dividend will be paid on or about November 13, 2020, to shareholders of record as of the close of business on November 4, 2020.

About PCB Bancorp

PCB Bancorp, formerly known as Pacific City Financial Corporation, is the bank holding company for Pacific City Bank, a California state chartered bank, offering a full suite of commercial banking services to small to medium-sized businesses, individuals and professionals, primarily in Southern California, and predominantly in Korean-American and other minority communities.