Valencia National Bank Profit Up 20% in Quarter
- Share via
Valencia National Bank posted a 20% rise in its second-quarter profit and a 6% rise in profit for the six months that ended June 30.
The Valencia-based bank had net income of $121,249 in the second quarter, up from $101,399 a year ago.
For the six months, the bank posted net income of $232,377, compared to a $218,553 profit in the same period a year earlier.
Total assets as of June 30 increased to $89.1 million, up 10% from a year ago.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
