Pacific Valley Bancorp's Q4 profit falls on higher personnel expenses

Pacific Valley Bank

28/01/2026 14:29

Overview

California business bank's Q4 net income fell 18.5% due to higher personnel expenses

Total assets grew 8.3% yr/yr to $710 mln, driven by increased loans

Taylor Fresh Foods acquired 16.3% stake in Pacific Valley Bancorp

Outlook

Company did not provide specific guidance for future quarters or years

Result Drivers

LOAN GROWTH - Gross loans increased by 10.3% or $49.8 mln, driven by C&I, agricultural real estate, and CRE loans

DEPOSIT INCREASE - Deposits rose 7.0% to $620 mln, boosted by a $106 mln seasonal agricultural deposit

PERSONNEL INVESTMENT - Higher personnel expenses aimed at loan and deposit growth led to lower net income

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Income
$774,000
Q4 Net Interest Income
$5.60 mln
Q4 Basic EPS
$0.14
Q4 Net Interest Margin
3.86%


Press Release: ID:nPn72Gtyxa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)