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River City Bank Reports 2022 First Quarter Net Income of $16.4 Million
SACRAMENTO, CA – River City Bank (the Bank) reported net income of $16.4 million, or $11.10 per diluted share, for the quarter ending March 31, 2022, which compares favorably to the $15.6 million, or $10.62 per diluted share, for the same period in 2021. The improved net income versus the prior year quarter was driven…
River City Bank Reports 5 Percent Increase to the Quarterly Cash Dividend on Common Shares
SACRAMENTO, CA – Steve Fleming, president and chief executive officer of River City Bank (the Bank), announced that the Bank’s board of directors has approved a 5 percent increase to the quarterly cash dividend from $0.315 per common share to $0.33 per common share. This increase was made in connection with the Bank’s recently reported…
River City Bank Reports 6th Consecutive Year with Record Net Income
SACRAMENTO, CA – River City Bank (the Bank) reported earnings for the fourth quarter of 2021 of $9.81 million, or $6.63 per share, compared to $9.86 million, or $6.71 per share in the fourth quarter of 2020. The Bank also reported its 6th consecutive year of record net income with $44.5 million or $30.14 per diluted…
River City Bank Reports a Quarterly Cash Dividend on Common Shares
SACRAMENTO, CA – Steve Fleming, president and chief executive officer of River City Bank (the Bank), announced that the Bank’s board of directors has approved, in connection with the Bank’s recently reported net income of $11.7 million or $7.92 diluted earnings per share for the quarter ending September 30, 2021, a cash dividend of $0.315 per common…
River City Bank Reports Net Income of $11.7 Million for the Third Quarter of 2021 and $34.7 Million Year To Date
River City Bank Also Received an Investment Grade Long Term Debt Rating from Standard & Poors SACRAMENTO, CA – River City Bank (the Bank) reported net income of $11.7 million, or $7.92 per diluted share, for the quarter ending September 30, 2021, which compares favorably to the $8.3 million, or $5.70 per diluted share, for…
River City Bank earns investment grade rating from S&P Global Ratings
Long term debt rating attributed to strong capital, earnings and loan quality SACRAMENTO, CA – River City Bank, Sacramento’s premier business bank and consistently one of the region’s fastest growing companies, has announced that S&P Global Ratings (S&P) has assigned it an investment grade long-term rating of BBB-. This rating reflects the bank’s strong credit performance in recent…