PFHD - Dividend announcements

STUART, Fla., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ:SBCF) ("Seacoast" or the "Company"), the holding company for Seacoast National Bank, announced today the completion of its acquisition of Professional Holding Corp. ("Professional") (NASDAQ:PFHD), parent company of Professional Bank, effective January 31, 2023. The merger of Professional Bank with and into Seacoast National Bank was also effective January 31, 2023, with Seacoast National Bank being the surviving financial institution. Under the terms of the merger agreement, Professional shareholders received 0.8909 shares of Seacoast common stock for each share of Professional common stock hel

Accelerates Seacoast's Successful Strategy of Expanding its Presence in the Attractive South Florida Market Seacoast Banking Corporation of Florida (NASDAQ:SBCF) ("Seacoast" or the "Company"), the holding company for Seacoast National Bank, announced today the completion of its acquisition of Professional Holding Corp. ("Professional") (NASDAQ:PFHD), parent company of Professional Bank, effective January 31, 2023. The merger of Professional Bank with and into Seacoast National Bank was also effective January 31, 2023, with Seacoast National Bank being the surviving financial institution. This press release features multimedia. View the full release here: https://www.businesswire.com/news/h

Fourth Quarter 2022 Net Income of $4.3 million and Earnings per Share of $0.31 Reflecting Acquisition Related Expenses Professional Holding Corp. (the "Company") (NASDAQ:PFHD), the parent company of Professional Bank (the "Bank"), today reported net income of $4.3 million, or $0.31 per share, for the fourth quarter of 2022, compared to net income of $8.5 million, or $0.63 per share, for the third quarter of 2022, and net income of $4.0 million, or $0.30 per share, for the fourth quarter of 2021. Chief Financial Officer Mary Usategui noted that the Company continued to perform at a high level while incurring additional expenses related to its previously announced merger with Seacoast Bankin

Another Strong Quarter Results in Earnings per Share of $0.63 Professional Holding Corp. (the "Company") (NASDAQ:PFHD), the parent company of Professional Bank (the "Bank"), today reported net income of $8.5 million, or $0.63 per share, for the third quarter of 2022 compared to net income of $7.0 million, or $0.52 per share, for the second quarter of 2022, and net income of $6.3 million, or $0.48 per share, for the third quarter of 2021. "Our team continues to deliver high quality results establishing a solid foundation as we prepare for our next phase," said Abel Iglesias, Chief Executive Officer. Results of Operations for the Three Months Ended September 30, 2022 Net income increased

Record Quarter for Net Income and Loan Production Results in Earnings per Share of $0.52 Professional Holding Corp. (the "Company") (NASDAQ:PFHD), the parent company of Professional Bank (the "Bank"), today reported net income of $7.0 million, or $0.52 per share, for the second quarter of 2022 compared to net income of $2.4 million, or $0.18 per share, for the first quarter of 2022, and net income of $6.3 million, or $0.47 per share, for the second quarter of 2021. "We are extremely proud of our record setting quarter of loan production and net income. Our team continues to deliver high quality results and we look forward to building on this momentum in the future," said Abel Iglesias, Ch

Quarterly Net Income of $6.3 million as Assets Exceed $2.6 billionCORAL GABLES, FL / ACCESSWIRE / October 28, 2021 / Professional Holding Corp. (the "Company") (NASDAQ:PFHD), the parent company of Professional Bank (the "Bank"), today reported net income of $6.3 million, or $0.48 per share, for the third quarter of 2021 compared to net income of $6.3 million, or $0.47 per share, for the second quarter of 2021, and net income of $1.0 million, or $0.07, for the third quarter of 2020."As we celebrated our 13th birthday last month, we're excited about the prospects of our new LPOs in both Tampa Bay and Jacksonville, as well as our own proprietary digital account opening service that will make st

Quarterly Net Income of $4.8 Million as Assets Top $2.2 BillionCORAL GABLES, FL / ACCESSWIRE / May 5, 2021 / Professional Holding Corp. (the "Company") (NASDAQ:PFHD), the parent company of Professional Bank (the "Bank"), today reported net income of $4.8 million, or $0.34 per diluted share, for the first quarter of 2021 compared to net income of $5.5 million, or $0.38 per diluted share, for the fourth quarter of 2020, and a net loss of $1.3 million, or ($0.14) per diluted share, for the first quarter of 2020, respectively. "We are pleased to report another quarter of balance sheet expansion," said Daniel R. Sheehan, Chairman and Chief Executive Officer. "Total loans increased 4.3% to $1.7 bi