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Stock impact report

Pacific Financial GAAP EPS of $0.28 [Seeking Alpha]

PACIFIC FINCL CORP (PFLC) 
Company Research Source: Seeking Alpha
Denise Portmann, President and Chief Executive Officer said, “Fourth quarter earnings benefitted from higher yields on interest earning assets as well as strong loan growth." Current quarter net interest margin was at 4.34%, only a slight decline of 3 basis points from the prior quarter. Total assets declined by 3% to $1.15 billion at December 31, 2023, compared to $1.18 billion at September 30, 2023 and decreased 12% from $1.31 billion at December 31, 2022. The board of directors of Pacific Financial declared a quarterly cash dividend of $0.14 per share on January 24, 2024. The dividend will be payable on February 23, 2024 to shareholders of record on February 9, 2024. Recommended For You Show less Read more
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