RTTNews | Apr 27, 2021 10:26AM EDT

10:26 Tuesday, April 27, 2021 (RTTNews.com) - First Choice Bancorp (FCBP) shares are trading more than 23 percent on Tuesday morning trade as the company reported a surge in first-quarter profit. Currently, shares are at $30.11, up 23.95 percent from the previous close of $24.30 on a volume of 275,472. For the 52-week period, the shares have traded in a range of $29.50-$30.70 on average volume of 27,859.

The company reported net income of $9.8 million for the first quarter or $0.82 per share, compared to $4.5 million or $0.39 per share a year ago.

Total net interest income climbed to $23.83 million from $19.17 million a year ago. Revenue for the first quarter grew to $26.08 million from $20.59 million last year.

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