PCB Bancorp (PCB) AI Stock Analysis

• Market Cap: $273.66M
• Dividend Yield: 3.86%
• Average Volume (3M): 20.88K
• Price to Earnings (P/E): 11.0
• Beta (1Y): 0.69
• Revenue Growth: 18.57%
• EPS Growth: -18.14%
• Country: US
• Employees: 259
• Sector: Financial
• Sector Strength: 81
• Industry: Banks - Regional
• EPS (TTM): 1.74
• Shares Outstanding: 14,380,651
• 10 Day Avg. Volume: 20,687
• 30 Day Avg. Volume: 20,877
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 2.70
• Price to Cash Flow (P/CF): 15.90
• P/FCF Ratio: 3.50
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $23.00
• Price Target Upside: 20.86% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

PCB Bancorp's strong financial foundation and attractive dividend yield are key strengths. However, challenges in cash flow management and neutral technical indicators limit its short-term appeal. The stock is fairly valued, offering potential for income-focused investors, but faces resistance in achieving upward price movements.

PCB Bancorp Business Overview & Revenue Model

Company Description

PCB Bancorp (PCB) is a bank holding company headquartered in Los Angeles, California. It operates primarily through its subsidiary, Pacific City Bank, offering a wide range of financial services to small to medium-sized businesses and individuals. The company focuses on commercial banking services, including loans, deposit products, and other financial services tailored to the needs of its community and business clients.

How the Company Makes Money

PCB Bancorp generates revenue primarily through interest income from its lending activities. The bank extends loans to businesses and individuals, earning interest over the life of these loans. Additionally, PCB earns revenue from non-interest income sources, including fees for services such as account maintenance, transaction processing, and other banking-related services. The company also engages in investment activities, generating returns from its securities portfolio. Significant partnerships with local businesses and community organizations enhance its customer base and contribute to its earnings by fostering strong relationships and customer loyalty.

PCB Bancorp Financial Statement Overview

Summary

PCB Bancorp demonstrates a stable financial standing with strong equity and efficient revenue management. However, the decrease in net income and challenges in maintaining a consistent cash flow trajectory highlight areas for improvement. The company's financial structure is sound, but liquidity management requires attention to ensure sustained operational flexibility and growth.

Income Statement

PCB Bancorp's income statement shows a resilient performance with stable revenue figures. The gross profit margin is strong, indicating efficient cost management in generating revenue. However, a decline in net income from the previous year affects the net profit margin, reflecting challenges in maintaining profitability levels. The lack of EBIT and EBITDA data for the latest year limits a comprehensive analysis of operating efficiency.

Balance Sheet

The balance sheet of PCB Bancorp highlights a solid financial structure with a low debt-to-equity ratio, indicating prudent leverage management. The equity ratio is robust, underlining a strong capital base relative to assets. However, fluctuations in cash and cash equivalents suggest variability in liquidity management, which could pose risks if not managed effectively.

Cash Flow

PCB Bancorp's cash flow statement reflects a significant drop in operating cash flow compared to the previous year, impacting the overall cash flow health. The free cash flow remains positive, supporting the company's capacity to reinvest in operations. However, the large negative investing cash flow indicates substantial investment activities, which need to be balanced with operational cash generation.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
162.72M	99.71M	99.32M	104.13M	95.57M	77.93M
	Gross Profit
162.72M	64.05M	99.32M	104.13M	95.57M	77.93M
	EBIT
65.50M	0.00	43.26M	61.52M	56.96M	23.01M
	EBITDA
17.28M	0.00	0.00	53.13M	60.34M	26.45M
	Net Income Common Stockholders
24.69M	25.81M	30.70M	34.99M	40.10M	16.18M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
242.34M	173.45M	242.34M	288.89M	326.48M	314.63M
	Total Assets
2.81B	3.06B	2.79B	2.42B	2.15B	1.92B
	Total Debt
59.14M	15.00M	59.14M	26.81M	17.44M	88.45M
	Net Debt
-183.21M	-12.10M	-183.21M	-120.22M	-185.84M	-105.64M
	Total Liabilities
2.46B	2.70B	2.44B	2.08B	1.89B	1.69B
	Stockholders Equity
348.87M	363.81M	348.87M	335.44M	256.29M	233.79M
Cash Flow		Free Cash Flow
41.81M	38.98M	62.03M	51.81M	-2.05M	15.31M
	Operating Cash Flow
42.07M	38.98M	63.34M	57.27M	-1.62M	17.09M
	Investing Cash Flow
-297.29M	-311.74M	-275.27M	-356.67M	-175.22M	-132.82M
	Financing Cash Flow
255.94M	229.20M	307.24M	243.14M	186.03M	163.60M

PCB Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 19.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PCB, the sentiment is Negative. The current price of 19.03 is above the 20-day moving average (MA) of 18.89, below the 50-day MA of 19.26, and above the 200-day MA of 18.55, indicating a neutral trend. The MACD of -0.11 indicates Negative momentum. The RSI at 45.80 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PCB.

PCB Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EWBC	72 Outperform	$12.58B	11.08	15.89%	2.44%	13.84%	2.04%
PCB	69 Neutral	$273.66M	11.04	7.23%	3.86%	18.57%	-18.14%
CATY	68 Neutral	$3.05B	11.03	10.25%	3.12%	8.05%	-18.64%
HOPE	67 Neutral	$1.28B	12.96	4.68%	5.25%	-6.33%	-25.89%
PPBI	66 Neutral	$2.10B	13.28	5.34%	6.04%	26.76%	455.85%
Sector *	64 Neutral	$14.53B	10.25	8.67%	4.22%	16.51%	-12.20%
CVBF	61 Neutral	$2.63B	13.12	9.35%	4.24%	2.84%	-9.63%

PCB Bancorp Corporate Events

PCB Bancorp Declares Dividend and Reports Income

On January 30, 2025, PCB Bancorp announced a quarterly cash dividend of $0.20 per common share, payable on February 21, 2025. The company reported a net income of $6.7 million for the fourth quarter of 2024, a decrease from the previous quarter but an increase from the year-ago quarter, reflecting strong loan growth and maintained efficiency ratios amidst the challenges posed by recent wildfires in Southern California.