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River City Bank earns investment grade rating from S&P Global Ratings
Long term debt rating attributed to strong capital, earnings and loan quality SACRAMENTO, CA – River City Bank, Sacramento’s premier business bank and consistently one of the region’s fastest growing companies, has announced that S&P Global Ratings (S&P) has assigned it an investment grade long-term rating of BBB-. This rating reflects the bank’s strong credit performance in recent…
River City Bank Reports a Quarterly Cash Dividend on Common Shares
SACRAMENTO, CA – Steve Fleming, president and chief executive officer of River City Bank (the Bank), announced that the Bank’s board of directors has approved, in connection with the Bank’s recently reported net income of $7.3 million or $4.97 diluted earnings per share for the quarter ending June 30, 2021, a cash dividend of $0.315 per common share to…
River City Bank Reports Net Income of $7.3 Million for the Second Quarter of 2021 and $23.0 Million Year to Date
SACRAMENTO, CA – River City Bank (the Bank) reported net income of $7.3 million, or $4.97 per diluted share, for the quarter ending June 30, 2021, which compares favorably to the $6.1 million, or $4.20 per diluted share, for the same period in 2020. Net income was $23.0 million or $15.59 per diluted share for…
River City Bank Reports a Quarterly Cash Dividend on Common Shares – (Q1 2021)
SACRAMENTO, CA – Steve Fleming, president and chief executive officer of River City Bank (the Bank), announced that the Bank’s board of directors has approved, in connection with the Bank’s recently reported net income of $15.6 million, or $10.62 diluted earnings per share, for the quarter ending March 31, 2021, a cash dividend of $0.315 per common…
River City Bank Reports 2021 First Quarter Net Income of $15.6 Million
SACRAMENTO, CA – River City Bank (the Bank) reported net income of $15.6 million, or $10.62 per diluted share, for the quarter ending March 31, 2021, which compares favorably to the $7.3 million, or $4.96 per diluted share, for the same period in 2020. The improved net income versus the prior year quarter was driven by:…
River City Bank promotes Riley Gardner to Business Development Officer
Sacramento and Reno to serve as focus for relationship building and expansion efforts SACRAMENTO, CA – Following a challenging yet successful year that saw record net income in 2020, River City Bank announces the promotion of Riley Gardner to the role of Commercial Banking Business Development Officer. Gardner will be responsible for developing new business within…