Mission Valley Bancorp Reports Full Year and Fourth Quarter 2022 Results and Announces Cash Dividend
SUN VALLEY, Calif., Jan. 30, 2023 /PRNewswire/ — Mission Valley Bancorp (OTCQX: MVLY, “Mission Valley”, or the “Company”) announced today net income of $4.8 million, or $1.45 per diluted share, for the year ended December 31, 2022, compared to net income of $5.0 million, or $1.50 per diluted share, for the year ended December 31, 2021. Net income for the fourth quarter of 2022 was $1.1 million, or $0.32 per diluted share, compared to net income of $0.9 million, or $0.26 per diluted share, for the fourth quarter of 2021.
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