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Regional Pacific Bank, with the stock ticker symbol NRLB, is a publicly traded company listed on the NASDAQ stock exchange. The bank is a commercial bank that provides a range of financial services to individuals, businesses, and public entities in the Western Region of the United States.
In terms of key financial metrics, here is some information on Regional Pacific Bank's historical performance, as well as its most recent earnings release:
* Historical Performance: Over the past 5 years, Regional Pacific Bank's stock has experienced significant volatility, with its price ranging from a low of around $5 per share to a high of over $20 per share. However, despite this volatility, the bank has generally delivered solid financial performance, with revenue growth of around 7% annually over the past 5 years.
* Earnings: In its most recent earnings release, for the quarter ended December 31, 2021, Regional Pacific Bank reported net income of $8.6 million, or $0.53 per diluted share, compared to $6.5 million, or $0.40 per diluted share, for the same period in the prior year. This represents a year-over-year increase in earnings of approximately 33%.
* Growth: In addition to its strong earnings performance, Regional Pacific Bank has also demonstrated solid growth in recent years. For the full year 2021, the bank reported total assets of $2.8 billion, an increase of 19% compared to the prior year. Additionally, the bank's loan portfolio grew by 15% in 2021, reflecting its success in expanding its lending business.
Of course, it's important to note that past performance is not a guarantee of future results, and investors should carefully consider a range of factors when evaluating any investment opportunity. Nevertheless, based on its recent financial performance and growth, Regional Pacific Bank appears to be a well-positioned player in the banking industry, with a strong track record of delivering value to its shareholders.