Professional Holding Corp. Reports Second-Quarter Results
ACCESSWIRE
Quarterly Net Income of $6.3 Million as Assets Approach $2.6 Billion
CORAL GABLES, FL / ACCESSWIRE / July 29, 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 $0.47 per share, for the second quarter of 2021 compared to net income of $4.8 million, or $0.36 per share, for the first quarter of 2021, and net income of $3.1 million, or $0.22, for the second quarter of 2020.
'The Company had a strong quarter of asset and net income growth.' said Daniel R. Sheehan, Chairman and Chief Executive Officer. 'These results were a product of continued scale and noninterest income improvement.'