River City Bank - Common stock (RCBC)

River City Bank (NASDAQ:RCBC) reported third-quarter net income of $30.6 million, or $2.16 per share, in its first earnings release as a public company following its August Nasdaq initial public offering. The reported results included a $17.1 million pre-tax gain from changes in the fair value of un

River City Bank (Nasdaq: RCBC) ("the Bank") reported net income of $30.6 million or $2.16 per share for the quarter ended September 30, 2026, which compares to $19.7 million, or $1.36 per share, for the same period in 2025. Net income was $68.2 million or $4.75 per share for the nine months ended September 30, 2026, which compares to $47.4 million, or $3.24 per share, for the nine months ended September 30, 2025. The Bank’s earnings for the quarter ended September 30, 2026 resulted in a 21.06% return on average equity and a 1.92% return on average assets. The Bank’s book value per share rose 14% to $42.32 as of September 30, 2026 from $37.04 per share as of September 30, 2025.

River City Bank (Nasdaq: RCBC) (the “Bank”) expects to report its financial results for the quarter ended September 30, 2026, after the stock market closes on Friday, October 23, 2026.

River City Bank (NASDAQ: RCBC) (the “Bank”) today announced the successful completion of its initial public offering (IPO) of 2,700,000 shares of its common stock at a public offering price of $45.00 per share. The Bank's common stock began trading on the Nasdaq Capital Market under the symbol "RCBC" on August 6, 2026.