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Professional Holding Corp. Reports Second-Quarter Results


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. ....

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