Mission Bancorp Reports Record Annual Earnings of $30.5 Million, Annual Loan Growth of 13.2% and Annual Deposit Growth of 7.3% [Yahoo! Finance]
MISSION BANCORP (MSBC)
Company Research
Source: Yahoo! Finance
of Mission Bank (the "Bank"), reported unaudited net income available to common shareholders of $7.8 million , or per basic common share, for the fourth quarter of 2023, compared to net income available to common shareholders of $7.6 million , or per basic common share, for the fourth quarter of 2022, and net income available to common shareholders of $8.0 million , or per basic common share, for the linked quarter. Unaudited net income for the year 2023 reached $30.5 million , or per basic common share, compared to net income available to common shareholders of $24.3 million for 2022, or per basic common share. "We are extremely proud of our record results in 2023. In a difficult year for the banking industry as a whole, Mission Bank thrived. While many of our peers faced shrinking net interest margins, deposits, and profits, Mission experienced an expanding margin, deposit growth, and record annual earnings. Additionally, our conservative balance sheet management allowed us to mee
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News
- Mission Bancorp Reports First Quarter Earnings of $7.3 Million. Annual Loan Growth of 8.9%.PR Newswire
- Mission Bancorp Announces Daniele Beasley's Retirement from the Board of Directors [Yahoo! Finance]Yahoo! Finance
- Mission Bancorp Announces Daniele Beasley's Retirement from the Board of DirectorsPR Newswire