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Stock impact report

West Coast Community Bancorp, Parent Company of Santa Cruz County Bank, Reports Earnings for the Quarter Ended March 31, 2024 [Yahoo! Finance]

SANTA CRUZ COUNTY BK (CA) (SCZC) 
Company Research Source: Yahoo! Finance
parent company of Santa Cruz County Bank (the "Bank"), announced unaudited earnings for the first quarter ended March 31, 2024 . Net income for the quarter was $9.3 million , an increase of 5% both from $8.8 million in the prior quarter and $8.9 million in the quarter ended March 31, 2023 . Basic and diluted earnings per share in the first quarter of 2024 were and and increased over the prior quarter by and , respectively. Basic and diluted earnings per share in the first quarter of 2024 also increased over the prior year comparative quarter by and , respectively. President and CEO, Krista Snelling commented: "Once again, our entire team is to be congratulated for our consistently strong financial performance. For a 12th consecutive year, we were voted Best Bank in Santa Cruz County by Good Times readers. In addition to reporting over $9.3 million in income for the quarter, which is the second highest earnings in our history, we recorded significant improvement in the reduction of n Show less Read more
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