Articles from Professional Holding Corp.

Seacoast Completes Acquisition of Professional Holding Corp.
Seacoast Banking Corporation of Florida (NASDAQSBCF) ("Seacoast" or the "Company"), the holding company for Seacoast National Bank, announced today the completion of its acquisition of Professional Holding Corp. (“Professional”) NASDAQ: PFHDNASDAQPFHD)
By Professional Holding Corp. · Via Business Wire · January 31, 2023
Professional Holding Corp. Reports Fourth Quarter and Full Year 2022 Results
Professional Holding Corp. (the “Company”) (NASDAQPFHD), the parent company of Professional Bank (the “Bank”), today reported net income of $4.3 million, or $0.31 per share, for the fourth quarter of 2022, compared to net income of $8.5 million, or $0.63 per share, for the third quarter of 2022, and net income of $4.0 million, or $0.30 per share, for the fourth quarter of 2021. Chief Financial Officer Mary Usategui noted that the Company continued to perform at a high level while incurring additional expenses related to its previously announced merger with Seacoast Banking Corporation of Florida (“Seacoast”), expected to close on January 31, 2023.
By Professional Holding Corp. · Via Business Wire · January 27, 2023
Professional Holding Corp. Reports Third Quarter 2022 Results
Professional Holding Corp. (the “Company”) (NASDAQPFHD), the parent company of Professional Bank (the “Bank”), today reported net income of $8.5 million, or $0.63 per share, for the third quarter of 2022 compared to net income of $7.0 million, or $0.52 per share, for the second quarter of 2022, and net income of $6.3 million, or $0.48 per share, for the third quarter of 2021.
By Professional Holding Corp. · Via Business Wire · October 28, 2022
Professional Holding Corp. To Announce Third-Quarter Earnings
Professional Holding Corp. (NASDAQ: “PFHD”), the parent company of Professional Bank, announced today that it plans to announce its financial results for the quarter ended September 30, 2022 on Friday, October 28, 2022. The Company’s third quarter 2022 earnings release will be released before the markets open on October 28, 2022, and will be available on its Company website, www.proholdco.com.
By Professional Holding Corp. · Via Business Wire · October 14, 2022
Seacoast Announces Agreement to Acquire Professional Holding Corp.
Seacoast Banking Corporation of Florida (“Seacoast”) (NASDAQSBCF), the holding company for Seacoast National Bank (“Seacoast Bank”), and Professional Holding Corp. (“Professional”) NASDAQ: PFHDNASDAQPFHD)
By Professional Holding Corp. · Via Business Wire · August 8, 2022
Professional Holding Corp. Reports Second Quarter 2022 Results
Professional Holding Corp. (the “Company”) (NASDAQPFHD), the parent company of Professional Bank (the “Bank”), today reported net income of $7.0 million, or $0.52 per share, for the second quarter of 2022 compared to net income of $2.4 million, or $0.18 per share, for the first quarter of 2022, and net income of $6.3 million, or $0.47 per share, for the second quarter of 2021.
By Professional Holding Corp. · Via Business Wire · July 28, 2022
Professional Holding Corp. To Announce Second-Quarter Earnings
Professional Holding Corp. (NASDAQ: “PFHD”), the parent company of Professional Bank, said today that it plans to announce its financial results for the quarter ending June 30, 2022, in a press release on Thursday, July 28, 2022. The press release will be followed by a conference call on Friday, July 29, 2022 at approximately 11:00 a.m., Eastern time.
By Professional Holding Corp. · Via Business Wire · July 19, 2022
Professional Bank Virtual 2022 Annual Meeting of Shareholders
CORAL GABLES, FL / ACCESSWIRE / May 17, 2022 / Professional Holding Corp. (NYSEPFHD) will be holding the annual meeting of shareholders virtually on May 25, 2022, at 10:00 a.m., Eastern Time. The 2022 Annual Meeting will be presented from Professional Bank's headquarters in Coral Gables, Florida in a virtual-only format, and can be accessed on the company's website at www.proholdco.com. As described in the Company's proxy materials, you are
By Professional Holding Corp. · Via AccessWire · May 17, 2022
Professional Holding Corp. Reports First Quarter 2022 Results
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By Professional Holding Corp. · Via AccessWire · April 29, 2022
Professional Holding Corp. and Professional Bank Welcome Joseph Willett to their Boards of Directors
CORAL GABLES, FL / ACCESSWIRE / April 21, 2022 / Professional Holding Corp. (the "Company") (NASDAQPFHD), the parent company of Professional Bank (the "Bank"), today reported that Joseph Willett has been appointed to the Boards of Directors of both the Company and the Bank. Mr. Willett will also serve as the Chairman of the Audit Committee of both Boards. Mr. Willett has over 25 years of experience in financial and executive management. He is
By Professional Holding Corp. · Via AccessWire · April 21, 2022
Professional Holding Corp. Announces Inaugural Earnings Conference Call to Review First Quarter 2022 Results on April 29
CORAL GABLES, FL / ACCESSWIRE / April 13, 2022 / Professional Holding Corp. (the "Company") (NASDAQPFHD), the parent company of Professional Bank (the "Bank"), will host a conference call at 10:00 a.m. ET on Friday, April 29, 2022, to review its first quarter 2022 financial results. The Company's first quarter 2022 earnings release will be released before markets open on April 29 and will be available on the Company's website,
By Professional Holding Corp. · Via AccessWire · April 13, 2022
Professional Holding Corp. and Professional Bank Report Leadership Changes
CORAL GABLES, FL / ACCESSWIRE / February 24, 2022 / Professional Holding Corp. (the "Company") (NASDAQPFHD), the parent company of Professional Bank (the "Bank"), today reported that Abel L. Iglesias has been elected Chief Executive Officer of both the Company and the Bank, effective immediately, following the departure of Daniel R. Sheehan by mutual agreement with their respective Boards of Directors. Mr. Sheehan had served as a director of the
By Professional Holding Corp. · Via AccessWire · February 24, 2022
Professional Holding Corp. Reports Fourth-Quarter and Annual 2021 Results
Quarterly Net Income of $4.0 million Leads to Net Income of $21.4 million for the Year Ended December 31, 2021. CORAL GABLES, FL / ACCESSWIRE / January 27, 2022 / Professional Holding Corp. (the "Company") (NASDAQPFHD), the parent company of Professional Bank (the "Bank"), today reported net income of $4.0 million, or $0.30 per share, for the fourth quarter of 2021 compared to net income of $6.3 million, or $0.48 per share, for the third
By Professional Holding Corp. · Via AccessWire · January 27, 2022
Professional Holding Corp. To Announce Fourth-Quarter and Annual 2021 Results
CORAL GABLES, FL / ACCESSWIRE / January 14, 2022 / Professional Holding Corp. (NASDAQPFHD) announced today that its financial results for the fourth quarter and year-end 2021, are expected to be made public in a press release and investor slide presentation after market close on Thursday, January 27, 2022. About Professional Bank and Professional Holding Corp.: Professional Holding Corp. NASDAQ:PFHDNASDAQPFHD)
By Professional Holding Corp. · Via AccessWire · January 14, 2022
Professional Holding Corp. Completes Private Placement of $25 Million of Subordinated Notes
CORAL GABLES, FL / ACCESSWIRE / January 13, 2022 / Professional Holding Corp. (NASDAQPFHD) (the "Company"), the parent company for Professional Bank (the "Bank"), today announced the completion of its private placement of $25 million in fixed-to-floating rate subordinated notes due 2032 (the "Notes"). The Notes will bear interest at a fixed annual rate of 3.375% for the first five years and will reset quarterly thereafter to the then current
By Professional Holding Corp. · Via AccessWire · January 13, 2022
Professional Holding Corp. Reports Third-Quarter Results
Quarterly Net Income of $6.3 million as Assets Exceed $2.6 billion CORAL GABLES, FL / ACCESSWIRE / October 28, 2021 / Professional Holding Corp. (the "Company") (NASDAQPFHD), the parent company of Professional Bank (the "Bank"), today reported net income of $6.3 million, or $0.48 per share, for the third quarter of 2021 compared to net income of $6.3 million, or $0.47 per share, for the second quarter of 2021, and net income of $1.0 million, or
By Professional Holding Corp. · Via AccessWire · October 28, 2021
Professional Bank Launches New Digital Account Opening
Clients can expect to open a checking account in just 3 minutes CORAL GABLES, FL / ACCESSWIRE / October 25, 2021 / An innovative, proprietary solution developed in-house by Professional Bank now makes starting a new relationship with the bank as easy as taking a selfie. Individuals can use their mobile device to open a personal checking account online in about three minutes, saving time and hassle. At the same time, they connect with their
By Professional Holding Corp. · Via AccessWire · October 25, 2021
Professional Holding Corp. to Announce Third-Quarter Earnings
CORAL GABLES, FL / ACCESSWIRE / October 8, 2021 / Professional Holding Corp. (NASDAQPFHD) announced today that its financial results for the quarter ended September 30, 2021, are expected to be made public in a press release and investor slide presentation after market close on Thursday, October 28, 2021. About Professional Bank and Professional Holding Corp.: Professional Holding Corp. NASDAQ:PFHDNASDAQPFHD)
By Professional Holding Corp. · Via AccessWire · October 8, 2021
Professional Holding Corp. Reports Second-Quarter Results
Quarterly Net Income of $6.3 Million as Assets Approach $2.6 Billion CORAL GABLES, FL / ACCESSWIRE / July 29, 2021 / Professional Holding Corp. (the "Company") (NASDAQPFHD), the parent company of Professional Bank (the "Bank"), today reported net income of $6.3 million, or $0.47 per share, for the second quarter of 2021 compared to net income of $4.8 million, or $0.36 per share, for the first quarter of 2021, and net income of $3.1 million, or
By Professional Holding Corp. · Via AccessWire · July 29, 2021
Professional Holding Corp. To Announce Second-Quarter Earnings
CORAL GABLES, FL / ACCESSWIRE / July 26, 2021 / Professional Holding Corp. (NASDAQPFHD) announced today that its financial results for the quarter that ended June 30, 2021 will be made public in a press release and investor slide presentation after market close on Thursday, July 29, 2021. About Professional Bank and Professional Holding Corp.: Professional Holding Corp. NASDAQ:PFHDNASDAQPFHD)
By Professional Holding Corp. · Via AccessWire · July 26, 2021
Professional Bank Expands to Tampa Bay and Jacksonville Markets
Bank to open two offices; hires senior executive in St. Petersburg, Darren Lydting, to oversee growth in the two new markets CORAL GABLES, FL / ACCESSWIRE / July 26, 2021 / Professional Bank, which opened during the Great Recession and has become one of South Florida's fastest-growing financial institutions, is taking its concierge-style platform to other Florida regions. The Bank announced it is opening loan production offices in Tampa/St.
By Professional Holding Corp. · Via AccessWire · July 26, 2021
Professional Holding Corp. Replenishes Stock Repurchase Plan: $10 Million Available
CORAL GABLES, FL / ACCESSWIRE / May 5, 2021 / The Board of Directors of Professional Holding Corp. (NASDAQPFHD) (the "Company") has authorized an increase in the amount available under its existing stock repurchase program, established March 2, 2020, such that, effective May 6, 2021, $10 million is available to repurchase outstanding shares of the Company's Class A Common Stock. The timing, price and volume of any stock buy-back
By Professional Holding Corp. · Via AccessWire · May 5, 2021
Professional Holding Corp. Reports First-Quarter Results
Quarterly Net Income of $4.8 Million as Assets Top $2.2 Billion CORAL GABLES, FL / ACCESSWIRE / May 5, 2021 / Professional Holding Corp. (the "Company") (NASDAQPFHD), the parent company of Professional Bank (the "Bank"), today reported net income of $4.8 million, or $0.34 per diluted share, for the first quarter of 2021 compared to net income of $5.5 million, or $0.38 per diluted share, for the fourth quarter of 2020,
By Professional Holding Corp. · Via AccessWire · May 5, 2021
Professional Holding Corp. to Announce First-Quarter Earnings
CORAL GABLES, FL / ACCESSWIRE / April 23, 2021 / Professional Holding Corp. (NASDAQPFHD) announced today that it plans to make its financial results for the quarter that ended March 31, 2021 public in a press release and investor slide presentation on Wednesday, May 5, 2021. Forward-Looking Statements This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any
By Professional Holding Corp. · Via AccessWire · April 23, 2021