Mission Bancorp Reports 7% Year-Over-Year Earnings Growth and 14.5% Annual Loan Growth
Mission Bancorp reported first quarter earnings of $7.7 million, a 7% increase year over year, and annual loan growth of 14.5%. The company also announced an extension of its stock repurchase plan and a 5.00% annual stock dividend. The results reflect strong loan growth and modest deposit growth, despite challenging market conditions.
Topics: bank performance deposit growth earnings loan growth net income