Mission Bancorp Reports 7% Q1 Profit Growth, 14.5% Loan Growth and 5% Dividend
Mission Bancorp reported Q1 net income of $7.7M, up 7% year-over-year, drove 14.5% loan growth, extended its stock repurchase plan and declared a 5.00% stock dividend. First Commerce’s Q1 net income doubled to $3.5M with EPS of $0.18, and Pacific Valley Bancorp reported loan and deposit gains alongside higher profitability.
1. Mission Bancorp Q1 Performance
Mission Bancorp delivered net income of $7.7 million, or $2.58 per diluted share, for Q1 2026, a 7% increase from $7.2 million a year earlier. The bank recorded 14.5% loan growth year-over-year, extended its stock repurchase authorization and declared a 5.00% annual stock dividend.
2. Pacific Valley Bancorp Loan and Deposit Growth
Pacific Valley Bancorp reported continued expansion in its loan and deposit portfolios during Q1 2026. Management highlighted improvements in profitability metrics, including a stronger net interest margin and controlled operating expenses alongside stable credit quality.
3. First Commerce Bancorp Q1 Results
First Commerce Bancorp posted net income of $3.5 million for the quarter ended March 31, 2026, up from $1.7 million a year earlier, driving basic EPS to $0.18 versus $0.08. The board also declared a cash dividend, reflecting the company’s strengthened capital position and earnings momentum.