|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||6.35 - 6.35|
|52 Week Range||6.20 - 9.90|
|Beta (5Y Monthly)||0.54|
|PE Ratio (TTM)||9.22|
|Earnings Date||Feb 06, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Pacific Valley Bank (OTC Pink: PVBK) announced its unaudited second quarter 2020 Net Income of $735 thousand or $0.18 basic earnings per share. This represents an increase of 23% when comparing the prior quarter ($599 thousand for the three months ended March 31, 2020) and a 9% increase compared to the same period of the prior year ($674 thousand at June 30, 2019). Net Income for the six months ended June 30, 2020, was $1.3 million representing an increase of 9% compared with the same period of 2019. Earnings per share for the first six months of 2020 was $0.33 compared with $0.31 for the first six months of 2019.
Pacific Valley Bank (OTC Pink: PVBK) announced its unaudited first quarter 2020 Net Income of $599 thousand or $0.15 basic earnings per share. Net Income for the first three months of 2019 was $548 thousand or $0.14 basic earnings per share. Prudent with the uncertainty of the future impact of COVID-19, the Bank posted a $75 thousand provision expense in the first quarter of 2020 to increase its Allowance for Loan and Lease Losses to $4.75 million or 1.78% of outstanding loans. Assets increased 8% to $334 million compared with a year ago.
Pacific Valley Bank (OTC Pink: PVBK) announced its unaudited fourth quarter 2019 Net Income of $677 thousand or $0.17 basic earnings per share. Net Income for the twelve months of 2019 was $2,684,650 or $0.67 basic earnings per share, compared to the twelve months of 2018 with a reported $2,456,457 or $0.62 basic earnings per share.