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Pacific City Financial Corp

Pacific City Financial Corp (PCB) is a publicly traded company that is based in San Buenaventura, California. The company operates as the holding company for Pacific City Bank, which provides a range of commercial banking services to individuals, businesses, and non-profit organizations.

Pacific City Bank's services include commercial real estate loans, small business administration loans, business banking, and personal banking. The bank has a strong focus on serving the Korean-American community and has branches located in California, New York, New Jersey, and Texas.

Pacific City Financial Corp's stock is listed on the NASDAQ stock exchange under the ticker symbol PCB. The company has a market capitalization of approximately $1.2 billion as of February 2023.

Pacific City Financial Corp has reported steady financial performance in recent years, with revenue growing from $244.9 million in 2018 to $333.2 million in 2021. The company's net income has also increased over this period, from $50.7 million in 2018 to $77.3 million in 2021.

Pacific City Financial Corp's financial success can be attributed to its focus on providing specialized banking services to underserved communities and its ability to navigate the challenging regulatory environment for banks. However, like all publicly traded companies, Pacific City Financial Corp is subject to various risks, including changes in interest rates, economic conditions, and regulatory changes.

It's important to note that while I strive to provide accurate information, this should not be taken as investment advice. Before making any investment decisions, it's recommended to conduct your own research and consult with a financial advisor.