Pacific City Financial Corp (PCB) Files 10-K for the Fiscal Year Ended on December 31, 2018

Pacific City Financial Corp (PCB, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Pacific City Financial Corp through its subsidiary Pacific City Bank, offers loan and deposit products focused on individuals and professionals and small-to-medium sized businesses. Pacific City Financial Corp has a market cap of $275.330 million; its shares were traded at around $17.21 with a P/E ratio of 12.56 and P/S ratio of 4.33. The dividend yield of Pacific City Financial Corp stocks is 0.80%.

For the last quarter Pacific City Financial Corp reported a revenue of $20.1 million, compared with the revenue of $17.84 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $76.2 million, an increase of 10.3% from last year. For the last five years Pacific City Financial Corp had an average revenue growth rate of 15.2% a year.

The reported diluted earnings per share was $1.66 for the year, an increase of 37.2% from previous year. Over the last five years Pacific City Financial Corp had an EPS growth rate of 11.3% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Pacific City Financial Corp has the cash and cash equivalents of $162.3 million, compared with $73.7 million in the previous year. The long term debt was $30.0 million, compared with $40.0 million in the previous year. Pacific City Financial Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $17.21, Pacific City Financial Corp is traded at close to its historical median P/S valuation band of $17.08. The P/S ratio of the stock is 4.33, while the historical median P/S ratio is 4.30. The stock gained 14.27% during the past 12 months.

For the complete 20-year historical financial data of PCB, click here.