Plumas BancorpPLBC
PLBC
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 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
343% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 7
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
21% more capital invested
Capital invested by funds: $99.7M [Q3] → $121M (+$20.8M) [Q4]
5% more funds holding
Funds holding: 62 [Q3] → 65 (+3) [Q4]
1.81% more ownership
Funds ownership: 41.46% [Q3] → 43.26% (+1.81%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$54
22%
upside
Avg. target
$57
29%
upside
High target
$60
36%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Raymond James David Feaster 57% 1-year accuracy 12 / 21 met price target | 22%upside $54 | Outperform Reiterated | 30 Jan 2025 |
Stephens & Co. Andrew Terrell 81% 1-year accuracy 25 / 31 met price target | 36%upside $60 | Overweight Initiated | 27 Nov 2024 |
Financial journalist opinion
Positive
Zacks Investment Research
2 weeks ago
Should Value Investors Buy Plumas Bancorp (PLBC) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
Seeking Alpha
3 weeks ago
16 Upcoming Dividend Increases
Sixteen companies are boosting their dividends, with an average increase of 8.2%, signaling financial health and stability, particularly among regional banks. My investment strategy focuses on companies with consistently rising dividends and outperforming benchmarks, aiming for long-term wealth accumulation. I use data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify companies with at least five years of dividend growth.
Positive
Zacks Investment Research
1 month ago
4 Stocks With Growth Potential That Recently Announced Dividend Hikes
PLBC, BUSE, LKFN and RPRX recently announced dividend hikes.
Positive
Zacks Investment Research
1 month ago
Plumas Bancorp (PLBC) Upgraded to Strong Buy: Here's What You Should Know
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.
Positive
Zacks Investment Research
1 month ago
New Strong Buy Stocks for January 20th
TV, ALLT, CMTG, PLBC and ARGX have been added to the Zacks Rank #1 (Strong Buy) List on January 20, 2025.
Positive
Zacks Investment Research
1 month ago
Best Value Stocks to Buy for January 20th
PLBC, CMTG and NGD made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 20, 2025.
Neutral
GlobeNewsWire
1 month ago
Kevin Foster Appointed to Plumas Bancorp Board of Directors
RENO, Nev., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq:PLBC), the bank holding company and the parent company of Plumas Bank, recently announced the appointment of Kevin Foster to its Board of Directors, effective January 15, 2025. Foster retired in 2023 after a distinguished 40-year career in banking and technology. His most recent position was at Ernst & Young, one of the largest professional services organizations in the world. His expertise lies in various aspects of banking including lending, technology, cybersecurity, data, consulting, and sales, with a focus on driving transformation, efficiency, and compliance. Foster holds a Bachelor of Science degree in Finance from San Jose State University.
Positive
MarketBeat
1 month ago
3 Cheap Small-Cap Banks for Dividend Growth Investors
The financial sector is booming, including small caps like Unity Bancorp NASDAQ: UNTY, Plumas Bancorp NASDAQ: PLBC, and Community Trust Bancorp NASDAQ: CTBI. The results from 2024 show consumers remain healthy, commercial volumes are improving, and higher-for-longer interest rates drive solid investment income.
Positive
Zacks Investment Research
1 month ago
Plumas Bancorp (PLBC) Tops Q4 Earnings and Revenue Estimates
Plumas Bancorp (PLBC) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.27 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Plumas Bancorp Reports Earnings for Year Ended December 31, 2024
RENO, Nev., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq:PLBC), the parent company of Plumas Bank, today announced earnings during the fourth quarter of 2024 of $7.7 million or $1.31 per share, an increase of $228 thousand from $7.5 million or $1.28 per share during the fourth quarter of 2023. Diluted earnings per share increased to $1.29 per share during the three months ended December 31, 2024 up from $1.27 per share during the quarter ended December 31, 2023. An increase of $1.3 million in net interest income and a decline of $250 thousand in the provision for credit losses were offset by increases of $890 thousand in non-interest expense, $283 thousand in the provision for income taxes and a decline of $141 thousand in non-interest income. The annualized return on average assets was 1.87% for the three months ended December 31, 2024 and December 31, 2023. The annualized return on average equity decreased from 23.9% during the fourth quarter of 2023 to 17.1% during the current quarter.
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