PCB Bancorp (PCB) has reported an increase in profit for the fourth quarter, aligning with Wall Street expectations.
The company achieved earnings of $6.68 million, or $0.46 per share, compared to $5.91 million, or $0.41 per share, in the same period last year.
On average, analysts had anticipated earnings of $0.46 per share, typically excluding one-time items from such forecasts.
Summary of PCB Bancorp earnings (GAAP):
- Earnings: $6.68 million versus $5.91 million the previous year.
- Earnings per Share (EPS): $0.46 versus $0.41 last year.