River City Bank Reports Third Quarter 2026 Results and Announces a Quarterly Cash Dividend

SACRAMENTO, Calif. — River City Bank (Nasdaq: RCBC) (“the Bank”) reported net income of $30.6 million or $2.16 per share for the quarter ended September 30, 2026, which compares to $19.7 million, or $1.36 per share, for the same period in 2025. Net income was $68.2 million or $4.75 per share for the nine months ended September 30, 2026, which compares to $47.4 million, or $3.24 per share, for the nine months ended September 30, 2025. The Bank’s earnings for the quarter ended September 30, 2026 resulted in a 21.06% return on average equity and a 1.92% return on average assets. The Bank’s book value per share rose 14% to $42.32 as of September 30, 2026 from $37.04 per share as of September 30, 2025.

In August 2026, the Bank successfully completed its initial public offering (“IPO”) and its shares began trading on the Nasdaq Capital Market under the RCBC ticker symbol. The secondary offering consisted solely of existing shares held by two of the Bank’s long-time shareholders associated with the family of the Bank’s founder, Jon Kelly, and no new shares were issued by the Bank. The IPO was a major milestone in the Bank’s history, increased the Bank’s visibility within the public capital markets, and provided liquidity for shareholders, while establishing a publicly traded market value for its common stock.

View entire press release here.

About River City Bank

As a leading boutique commercial bank with assets over $6 billion, River City Bank is the largest, independent bank based in the Sacramento region, with an office in San Francisco and a presence in Southern California. River City Bank offers a comprehensive suite of banking services with a tailored, concierge-like level of service, to redefine the banking experience. Please visit www.rivercitybank.com or call (916) 567-2600. Member FDIC. Equal Housing Lender.