PCB Bancorp Stock Trades Near 52-Week High Ahead of Friday Close
PCB Bancorp traded at $24.83 early Friday, near its 52-week high and valuing the Los Angeles bank at about $354 million. First-quarter net income rose to $10.6 million, up from $7.7 million a year ago, with deposits and loans both higher at March 31. Regional-bank stocks climbed, but Wall Street rates PCB a “Hold.” Nonperforming assets increased to $9.3 million, or 0.27% of assets.