PLBC icon

Plumas Bancorp

48.65 USD
+2.47
5.35%
At close Dec 20, 4:00 PM EST
After hours
48.65
+0.00
0.00%
1 day
5.35%
5 days
-0.51%
1 month
4.65%
3 months
19.42%
6 months
45.35%
Year to date
17.77%
1 year
13.11%
5 years
86.26%
10 years
498.40%
 

About: Plumas Bancorp is a bank holding company that provides various banking products and services in Northeastern California and Northwestern Nevada. It provides various deposit products such as checking, interest-bearing checking, business sweep, public funds sweep, savings, time deposit, and retirement accounts. The bank's loan portfolio consists of commercial real estate loans; commercial and industrial loans; consumer loans; agricultural loans; residential real estate loans, and construction and land development loans. The bank generates revenue from loans and investment securities in its portfolio and, to a lesser extent, service fees.

Employees: 189

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

57% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 14

29% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 7

18% more capital invested

Capital invested by funds: $84M [Q2] → $99.4M (+$15.4M) [Q3]

3% more funds holding

Funds holding: 59 [Q2] → 61 (+2) [Q3]

1.74% more ownership

Funds ownership: 39.59% [Q2] → 41.33% (+1.74%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$45
8%
downside
Avg. target
$53
8%
upside
High target
$60
23%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Stephens & Co.
Andrew Terrell
81% 1-year accuracy
17 / 21 met price target
23%upside
$60
Overweight
Initiated
27 Nov 2024
Raymond James
David Feaster
86% 1-year accuracy
18 / 21 met price target
8%downside
$45
Outperform
Maintained
2 Oct 2024

Financial journalist opinion

Based on 4 articles about PLBC published over the past 30 days

Positive
Zacks Investment Research
1 week ago
New Strong Buy Stocks for December 13th
PLBC, XPER, PBI, CTV and POWL have been added to the Zacks Rank #1 (Strong Buy) List on December 13, 2024.
New Strong Buy Stocks for December 13th
Positive
Zacks Investment Research
1 week ago
Best Value Stocks to Buy for December 13th
PBI, MKTAY and PLBC made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 13, 2024.
Best Value Stocks to Buy for December 13th
Positive
Zacks Investment Research
1 week ago
All You Need to Know About Plumas Bancorp (PLBC) Rating Upgrade to Strong Buy
Plumas Bancorp (PLBC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
All You Need to Know About Plumas Bancorp (PLBC) Rating Upgrade to Strong Buy
Positive
Zacks Investment Research
1 week ago
Best Value Stocks to Buy for December 10th
PLBC, CMA and POWL made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 10, 2024.
Best Value Stocks to Buy for December 10th
Positive
Seeking Alpha
2 months ago
Plumas Bancorp: Loan Growth May Offset Net Interest Margin Compression
Plumas Bancorp is a regional bank focused on commercial real estate in Northern California, Nevada, and Oregon. The bank showed sustained loan growth in Q3 2024 while EPS was impacted by a legal expense. The high exposure to net interest income is likely to result in lower profitability as the Fed cuts rates, partially offset by loan growth.
Plumas Bancorp: Loan Growth May Offset Net Interest Margin Compression
Neutral
GlobeNewsWire
2 months ago
PLUMAS BANCORP DECLARES QUARTERLY CASH DIVIDEND
RENO, Nev., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq:PLBC), the parent company of Plumas Bank (the “Bank”), today announced that the Board of Directors declared a regular quarterly cash dividend on Plumas Bancorp common stock of $0.27 per share, payable November 15, 2024, to stockholders of record as of November 1, 2024.
PLUMAS BANCORP DECLARES QUARTERLY CASH DIVIDEND
Positive
Zacks Investment Research
2 months ago
Plumas Bancorp (PLBC) Q3 Earnings and Revenues Beat Estimates
Plumas Bancorp (PLBC) came out with quarterly earnings of $1.31 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.34 per share a year ago.
Plumas Bancorp (PLBC) Q3 Earnings and Revenues Beat Estimates
Neutral
GlobeNewsWire
2 months ago
Plumas Bancorp Reports Third Quarter 2024 Earnings
RENO, Nev., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq:PLBC), the parent company of Plumas Bank, today announced earnings during the third quarter of 2024 of $7.8 million or $1.33 per share, a decrease of $140 thousand from $8.0 million or $1.36 per share during the third quarter of 2023.   Diluted earnings per share decreased to $1.31 per share during the three months ended September 30, 2024 down from $1.34 per share during the quarter ended September 30, 2023. An increase of $1.1 million in net interest income and a decline of $200,000 in the provision for credit losses were offset by increases of $1.4 million in non-interest expense and a decline of $76,000 in the non-interest income.  Included in non-interest expense were nonrecurring costs related to a litigation matter totaling $376,000. The annualized return on average assets was 1.84% for the three months ended September 30, 2024, down from 2.00% for the three months ended September 30, 2023. The annualized return on average equity decreased from 24.4% during the third quarter of 2023 to 18.1% during the current quarter.
Plumas Bancorp Reports Third Quarter 2024 Earnings
Neutral
GlobeNewsWire
3 months ago
Key Industry Accolades Highlight Plumas Bank's Stability & Performance Through Economic Fluctuations
RENO, Nev., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Plumas Bank, a wholly-owned subsidiary of Plumas Bancorp, has recently been honored with multiple prestigious awards acknowledging its exceptional performance in serving clients, investors, and communities in northeastern California and northern Nevada.
Key Industry Accolades Highlight Plumas Bank's Stability & Performance Through Economic Fluctuations
Neutral
GlobeNewsWire
3 months ago
Plumas Bank Releases 2024 Corporate Citizenship Report
Findings detail bank's commitment to the communities in which it operates Findings detail bank's commitment to the communities in which it operates
Plumas Bank Releases 2024 Corporate Citizenship Report
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