PCB Bancorp ( (PCB) ) has released a notification of late filing.
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PCB Bancorp has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending March 31, 2025. The delay is primarily due to the need for additional time to determine the value of a recently executed Securities Purchase Option Agreement related to its Series C Preferred Stock issued to the U.S. Treasury. The company expects to file the report within five calendar days following the due date. PCB Bancorp has previously released its unaudited financial results, indicating a net income of $7.7 million for the quarter, which is expected to remain consistent in the final report. The notification was signed by Timothy Chang, Executive Vice President and Chief Financial Officer, who assured ongoing compliance efforts.
The most recent analyst rating on (PCB) stock is a Hold with a $23.00 price target. To see the full list of analyst forecasts on PCB Bancorp stock, see the PCB Stock Forecast page.
Spark’s Take on PCB Stock
According to Spark, TipRanks’ AI Analyst, PCB is a Outperform.
PCB Bancorp demonstrates a robust financial foundation with effective revenue management and a strong equity position. Despite some challenges with net income and cash flow consistency, the company’s valuation is appealing, supported by a reasonable P/E ratio and attractive dividend yield. The recent positive corporate event further bolsters confidence in its growth trajectory.
To see Spark’s full report on PCB stock, click here.
More about PCB Bancorp
Average Trading Volume: 32,548
Technical Sentiment Signal: Strong Buy
Current Market Cap: $287.9M
For an in-depth examination of PCB stock, go to TipRanks’ Stock Analysis page.