River City Bank (NASDAQ:RCBC) Shareholders to Get $0.05 Quarterly Dividend

River City Bank (NASDAQ:RCBC) declared a quarterly dividend on Friday, October 23rd. Shareholders of record on Tuesday, November 3rd will be paid a dividend of $0.05 per share on Tuesday, November 17th. This represents a $0.20 annualized dividend and a yield of 0.3%. The ex-dividend date is Tuesday, November 3rd.

River City Bank Stock Down 1.3%

RCBC opened at $57.99 on Friday. The stock has a market cap of $811.28 million and a P/E ratio of 44.95. The business’s fifty day moving average price is $53.64. River City Bank has a 1 year low of $38.76 and a 1 year high of $59.25.

River City Bank (NASDAQ:RCBC) last posted its earnings results on Friday, October 23rd. The company reported $1.29 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.29. The firm had revenue of $40.50 million during the quarter, compared to the consensus estimate of $39.68 million. As a group, sell-side analysts forecast that River City Bank will post 5.39 EPS for the current fiscal year.

About River City Bank

River City Bank is a California-based commercial bank that provides banking and financial services to businesses, professionals, nonprofit organizations and individuals. The bank focuses on relationship-based banking and offers commercial and real estate lending, business and personal deposit accounts, treasury management and online banking services.

Founded in 1973, River City Bank is headquartered in Sacramento and serves customers primarily throughout Northern California. Its banking activities include providing credit facilities for commercial enterprises and real estate projects, along with cash-management and other financial solutions designed to support business operations.

River City Bank operates through its banking offices and digital channels, serving markets that include the Sacramento region and the San Francisco Bay Area.