PCB Bancorp reported fourth‐quarter earnings of $0.64 per diluted share, surpassing the Zacks Consensus Estimate of $0.61. This result compares with $0.46 per share in Q4 2024 and reflects net income available to common shareholders of $9.1 million. Analysts had forecast net income of approximately $8.7 million, indicating stronger‐than‐expected profitability despite a 2.4% decline in total assets to $3.28 billion from the prior quarter’s $3.36 billion.

Net interest income for Q4 was $26.6 million, essentially flat with the prior quarter’s $27.0 million and up from $23.2 million a year ago, as net interest margin held steady at 3.28%. Loans held‐for‐investment grew 2.5% sequentially to $2.82 billion and 7.3% year‐over‐year, driven by strong commercial lending demand. Deposit balances declined 4.1% from September 30 to $2.80 billion, reflecting a $100 million reduction in brokered deposits and an $18 million withdrawal of retail balances in a high‐rate environment. Allowance for credit losses remained well‐reserved at 1.18% of loans.

On January 28, PCB’s board approved a 10% hike in the quarterly cash dividend to $0.22 per share, up from $0.20, payable on February 20 to shareholders of record as of February 13. Book value per share rose to $27.41 from $26.93 at September 30, while tangible common equity per share climbed to $22.55. The tier 1 leverage ratio strengthened to 11.89%, supporting the bank’s commitment to returning capital to investors without compromising regulatory or liquidity buffers.