Pacific Alliance Bank Declares Cash Dividend of $0.10 per Share

Rhea-AI Summary

Pacific Alliance Bank (OTC: PFBN) has declared a cash dividend of $0.10 per share on its common stock. This dividend is scheduled for payment on February 26, 2021, to stockholders who are on record as of the close of business on February 8, 2021.

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• Declared a cash dividend of $0.10 per share, demonstrating shareholder value.

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• None.

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 26, 2021, to stockholders of record as of the close of business on February 8, 2021.

About Pacific Alliance Bank

Pacific Alliance Bank is a full-service FDIC insured community bank, headquartered at 8400 E. Valley Blvd., Rosemead, California 91770. The Bank has additional full-service branches located at 18253 Colima Road, #101, Rowland Heights, California 91748, and 3775-A Alton Parkway, Irvine, California 92606. 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 employers 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/20210128005017/en/

FAQ

What is the dividend amount for PFBN?

The cash dividend declared by Pacific Alliance Bank is $0.10 per share.

When will the dividend be paid for PFBN?

The dividend will be paid on February 26, 2021.

What is the record date for PFBN's dividend?

The record date for the dividend is February 8, 2021.

Is the dividend sustainable for PFBN?

The press release does not provide information regarding the sustainability of the dividend.