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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

PCB Bancorp Declares Increased Quarterly Cash Dividend of $0.12 Per Common Share

July 22, 2021 GMT

LOS ANGELES--(BUSINESS WIRE)--Jul 22, 2021--

PCB Bancorp (the “Company”) (NASDAQ: PCB), the holding company of Pacific City Bank (the “Bank”), announced that on July 22, 2021, its Board of Directors declared a quarterly cash dividend of $0.12 per common share. The dividend will be paid on or about August 13, 2021, to shareholders of record as of the close of business on August 6, 2021.

“I am pleased to announce another increase in our quarterly cash dividend to $0.12 per common share from $0.10 per common share for the third quarter of 2021,” said Henry Kim, President and Chief Executive Officer. “We are committed to making corporate decisions that directly benefit our shareholders.”

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.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20210722005065/en/

CONTACT: Timothy Chang

Executive Vice President & Chief Financial Officer

213-210-2000

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES

SOURCE: PCB Bancorp

Copyright Business Wire 2021.

PUB: 07/22/2021 04:05 PM/DISC: 07/22/2021 04:06 PM

http://www.businesswire.com/news/home/20210722005065/en