Latest News and Press Releases

NEW YORK and DUBAI, United Arab Emirates, July 29, 2024 (GLOBE NEWSWIRE) -- A press release issued at 6:01 a.m. (EDT) was updated with the latest quotes from Jamal Al Nassai, Group Managing...

NEW YORK and DUBAI, United Arab Emirates, July 29, 2024 (GLOBE NEWSWIRE) -- Network International (Network), the leading enabler of digital commerce in the Middle East and Africa, and Biz2X®, a...

Third Quarter Highlights Net income for the third quarter of 2022 was $6.4 million, up 44.4% from the prior quarter and 25.7% from the same period in the prior yearDiluted earnings per share for the...

LA JOLLA, Calif., April 28, 2022 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX:PBAM) today announced that the Board of Directors has adopted a second stock repurchase program, and...

First Quarter Highlights Net income for the quarter was $6.5 million, up 41.1% from Q1’21Diluted earnings per share of $1.13, up 40.0% from Q1’21Total loans held-for-investment (“HFI”), excluding...

NEW YORK, April 12, 2022 (GLOBE NEWSWIRE) -- Small business loan approval percentages at big banks ($10m + in assets) rose from 14.7% in February to 14.9% in March, and small banks’ approvals also...

Third Quarter Highlights Net income for the quarter was $5.1 million, compared to $4.3 million for Q2’21Diluted earnings per share of $0.89, compared to $0.75 for Q2’21Net interest margin of 4.39%,...

LA JOLLA, Calif., Aug. 25, 2021 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX: PBAM) (“Company”) and CalPrivate Bank (“Bank”) President & CEO Rick Sowers announced today that Mag...

PHILADELPHIA, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Biz2X today announced the introduction of a new rapid launch version of its Accelerate SBA platform for banks, at the America East Lending Conference...

LA JOLLA, Calif., July 22, 2021 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (OTCQX:PBAM) today announced that the Board of Directors has adopted a stock repurchase program, and authorized...