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Article: Pacific Union Bank Reports $3.1 Million in Net Income for Three Months Ended September 30, 2001.
- Article from:
- PR Newswire
- Article date:
- October 16, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LOS ANGELES, Oct. 16 /PRNewswire/ --
PACIFIC UNION BANK (Nasdaq: PUBB), a community bank focusing on the Korean American market, today announced its results for the quarter ended September 30, 2001.
Net income for the three months ended September 30, 2001 was $3.1 million compared with $3.3 million for the same period of 2000. Diluted earnings per share for the third quarter of 2001 was $0.32, as compared with $0.38 for the third quarter of 2000. The 15.8% decrease in EPS was mainly the result of an increase in the number of shares outstanding during the current reporting period.
Net income for the nine months ended September 30, 2001 was $9.1 ...