Plumas Bancorp (PLBC) to Release Quarterly Earnings on Wednesday

Plumas Bancorp (NASDAQ:PLBC - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 16th. Analysts expect the company to announce earnings of $1.20 per share and revenue of $21.00 million for the quarter.

Plumas Bancorp (NASDAQ:PLBC - Get Free Report) last issued its earnings results on Wednesday, April 16th. The financial services provider reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.07. Plumas Bancorp had a return on equity of 16.58% and a net margin of 31.18%. The firm had revenue of $21.50 million for the quarter, compared to analyst estimates of $20.62 million. During the same period last year, the company earned $1.05 earnings per share. On average, analysts expect Plumas Bancorp to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Plumas Bancorp Stock Down 0.8%

NASDAQ PLBC traded down $0.38 during trading hours on Wednesday, hitting $45.60. The company had a trading volume of 8,659 shares, compared to its average volume of 12,067. Plumas Bancorp has a fifty-two week low of $33.84 and a fifty-two week high of $51.33. The business has a fifty day simple moving average of $44.01 and a 200-day simple moving average of $44.21. The firm has a market cap of $270.36 million, a P/E ratio of 9.23 and a beta of 0.61.

Plumas Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.63%. The ex-dividend date was Thursday, May 1st. Plumas Bancorp's dividend payout ratio is presently 24.29%.

Insider Activity at Plumas Bancorp

In other Plumas Bancorp news, Director Michael Kevin Foster purchased 581 shares of the stock in a transaction dated Thursday, May 22nd. The shares were bought at an average cost of $43.99 per share, with a total value of $25,558.19. Following the completion of the acquisition, the director owned 1,581 shares of the company's stock, valued at approximately $69,548.19. This trade represents a 58.10% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 7.70% of the company's stock.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Plumas Bancorp stock. Acadian Asset Management LLC bought a new stake in shares of Plumas Bancorp (NASDAQ:PLBC - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,829 shares of the financial services provider's stock, valued at approximately $78,000. 41.68% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

PLBC has been the topic of several analyst reports. Piper Sandler dropped their target price on Plumas Bancorp from $60.00 to $59.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Raymond James Financial reissued an "outperform" rating and set a $50.00 price target (up from $48.00) on shares of Plumas Bancorp in a report on Tuesday.

About Plumas Bancorp

Plumas Bancorp operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses, and individuals in Northeastern California and Northwestern Nevada. The company accepts various deposits, such as checking, money market checking, business sweep, public funds sweep, savings, time deposit, and retirement accounts.