Pacific Alliance Bank Declares Cash Dividend of $0.10 per Share

Rhea-AI Summary

Pacific Alliance Bank (OTC: PFBN) has announced a cash dividend of $0.10 per share on its common stock. The dividend will be paid on February 24, 2025, to stockholders of record as of the close of business on February 10, 2025.

Positive

• Declaration of $0.10 per share cash dividend
• Demonstrates company's ability to return value to shareholders

Negative

• None.

SAN GABRIEL, Calif.--(BUSINESS WIRE)-- Pacific Alliance Bank (OTC: PFBN) today announced that the Board of Directors declared a cash dividend on its common stock of $0.10 per share. The dividend will be paid on February 24, 2025, to stockholders of record as of the close of business on February 10, 2025.

About Pacific Alliance Bank

Pacific Alliance Bank is a full-service FDIC insured community bank, headquartered at 641 W. Las Tunas Drive, San Gabriel, California 91776. The Bank has additional full-service branches located at 18253 Colima Road, #101, Rowland Heights, California 91748, and 4520 Barranca Parkway, Irvine, California 92604. For more information, please contact Mr. Chris Chan, Executive Vice President and Chief Financial Officer, at (626) 773-8893 or cchan@pacificalliancebank.com, or visit www.pacificalliancebank.com.

Pacific Alliance Bank continues its mission of delivering business value, serving small to midsize business owners, and key employees who seek a personal bank ready to meet their banking needs with customized services.

Forward Looking Statements

This document may include forward-looking information, which is subject to the "safe harbor" created by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act and the Private Securities Litigation Reform Act of 1995. When the Bank uses or incorporates by reference in this document the words "anticipate," "estimate," "expect," "project," "intend," "commit," "believe" and similar expressions, the Bank intends to identify forward-looking statements. Our actual results may differ materially from those projected in any forward-looking statements, as they will depend on many factors about which we are unsure, including many factors which are beyond our control.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250123439599/en/

Chris Chan

Executive Vice President and Chief Financial Officer

(626) 773-8893

cchan@pacificalliancebank.com

Source: Pacific Alliance Bank

FAQ

When will Pacific Alliance Bank (PFBN) pay its recently announced dividend?

Pacific Alliance Bank will pay the dividend on February 24, 2025, to stockholders of record as of February 10, 2025.

How much is Pacific Alliance Bank's (PFBN) latest dividend payment?

Pacific Alliance Bank has declared a cash dividend of $0.10 per share on its common stock.

What is the record date for PFBN's February 2025 dividend?

The record date for Pacific Alliance Bank's dividend is February 10, 2025, at the close of business.

When do investors need to own PFBN shares to receive the $0.10 dividend?

Investors must own Pacific Alliance Bank shares by the record date of February 10, 2025, to receive the dividend payment.