River City Bank (NASDAQ:RCBC) Shareholders Set to Receive $0.05 Quarterly Dividend

River City Bank (NASDAQ:RCBC) declared a quarterly dividend on Friday, October 23rd. Investors of record on Tuesday, November 3rd will be paid a dividend of $0.05 per share on Tuesday, November 17th. This represents a $0.20 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Tuesday, November 3rd.

River City Bank Price Performance

NASDAQ:RCBC opened at $57.99 on Friday. River City Bank has a one year low of $38.76 and a one year high of $59.25. The business’s 50-day simple moving average is $53.64. The company has a market capitalization of $811.28 million and a price-to-earnings ratio of 44.95.

River City Bank (NASDAQ:RCBC) last announced its quarterly earnings data on Friday, October 23rd. The company reported $1.29 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.29. The business had revenue of $40.50 million during the quarter, compared to analysts’ expectations of $39.68 million. As a group, analysts anticipate that River City Bank will post 5.39 earnings per share for the current year.

About River City Bank

River City Bank is a California-based commercial bank that provides banking and financial services to businesses, professionals, nonprofit organizations and individuals. The bank focuses on relationship-based banking and offers commercial and real estate lending, business and personal deposit accounts, treasury management and online banking services.

Founded in 1973, River City Bank is headquartered in Sacramento and serves customers primarily throughout Northern California. Its banking activities include providing credit facilities for commercial enterprises and real estate projects, along with cash-management and other financial solutions designed to support business operations.

River City Bank operates through its banking offices and digital channels, serving markets that include the Sacramento region and the San Francisco Bay Area.