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PCB Bancorp Faces Material Weakness in Financial Reporting, Threatening Investor Confidence and Nasdaq Listing

PCB Bancorp Faces Material Weakness in Financial Reporting, Threatening Investor Confidence and Nasdaq Listing

PCB Bancorp (PCB) has disclosed a new risk, in the Accounting & Financial Operations category.

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PCB Bancorp has identified a material weakness in its internal control over financial reporting, as disclosed in its recent quarterly report. This weakness has led management to conclude that their controls and procedures were ineffective as of March 31, 2025. While the company is actively working to address this issue, there is no guarantee of success, and the remediation process may incur additional costs and strain management resources. The persistence of such weaknesses could undermine investor confidence, potentially affecting the company’s stock price and its listing status on the Nasdaq Stock Market.

The average PCB stock price target is $22.00, implying 12.30% upside potential.

To learn more about PCB Bancorp’s risk factors, click here.

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