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PACIFIC UNION BANK

Symbol: PUBB   Exchange: NASDAQ   Close: $20.88   1-WK % Chg: 1.9%

Business Overview

Pacific Union Bank, incorporated in 1974 and formerly California Korea
Bank, is a California state-chartered commercial bank with 12
full-service branch offices, primarily in Orange County and in the
San Francisco and Silicon Valley metropolitan areas. The bank also
operates a loan production office in the greater Seattle area. In
2000, Pacific Union Bank officially changed its name from California
Korea Bank to Pacific Union Bank to more accurately reflect the Bank's
expanding operations beyond the state of California. The bank offers
various personal and business banking options. Customers can bank in
person, as well as via automated teller machine (ATM), telephone,
fax and the Internet.

Income Statement                LTM 2003 **   FY 2002 *

Revenue (millions)                    $62.9       $57.8
Operating Income (millions)            19.6        17.9
Net Income (millions)                  11.8        11.7
EPS                                    $1.10      $1.09

Summary

Headquarters: Los Angeles
Market Cap: $222.7 million
Dividend Yield: 0.96%
P/E Ratio: 18.97

* Fiscal Year Ended on 12/31/02

** Latest Twelve Months Ended on 9/31/03
COPYRIGHT 2003 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Investments & Finance
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Nov 24, 2003
Words:186
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