PCB Bancorp (PCB) AI Stock Analysis

• Market Cap: $311.74M
• Dividend Yield: 3.57%
• Average Volume (3M): 25.00K
• Price to Earnings (P/E): 8.2
• Beta (1Y): 0.79
• Revenue Growth: 10.93%
• EPS Growth: 42.68%
• Country: US
• Employees: 257
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.64
• Shares Outstanding: 14,260,754
• 10 Day Avg. Volume: 33,782
• 30 Day Avg. Volume: 25,005
• PEG Ratio: 0.17
• Price to Book (P/B): 0.79
• Price to Sales (P/S): 1.47
• P/FCF Ratio: 11.57
• Enterprise Value/Market Cap: 1.14
• Enterprise Value/Revenue: 1.70
• Enterprise Value/Gross Profit: 3.19
• Enterprise Value/Ebitda: 6.39
• 1Y Price Target: $25.50
• Price Target Upside: 16.65% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): 2.67
• Revenue Forecast (FY): $125.79M

• Rating: 70 Outperform
• Price Target: $24.00 ▲(9.79% Upside)
• Action: Reiterated Date: 03/16/26
• Date: Action: Reiterated 03/16/26

The score is driven primarily by solid fundamentals (strong recent growth and reasonable balance-sheet leverage) and an attractive valuation (low P/E with a healthy dividend). These positives are tempered by weaker technical momentum (below key moving averages with negative MACD and low RSI) and some cash-flow consistency/volatility risk.

Positive Factors

Loan Growth & Core Commercial Lending

Sustained loan growth to ~$2.82B and continued quarter loan growth (10% annualized) reflect durable demand for C&I, CRE and SBA lending. A growing, business-focused loan book supports repeatable net interest income and long-term revenue predictability.

Capitalization and Low Leverage

A low debt-to-equity (~0.18) and rising equity provide a strong capital buffer versus peers, enhancing loss-absorption capacity and regulatory flexibility. This supports safe balance-sheet expansion and sustainable lending through economic cycles.

Improved Profitability and Shareholder Payouts

Meaningful revenue and margin improvement alongside a raised quarterly dividend signals stronger earnings quality and management confidence. Persistently better margins and shareholder returns support long-term investor alignment and capital allocation discipline.

Negative Factors

Deposit Retention and Funding Mix

A deliberate reduction in brokered and retail deposits creates a thinner funding base and raises funding-cost and liquidity risk if retail balances don't rebound. Over months this can constrain loan growth or force higher-cost funding during stress periods.

Cash-Flow Volatility and Inconsistent Conversion

Volatile operating and free cash flow, including a prior negative year and a recent ~15% FCF decline, undermines predictable internal funding for dividends, reserves, or growth. This reduces resilience to shocks and complicates longer-term capital planning.

Moderate ROE and Recent Leverage Creep

ROE near 9.6% and rising debt versus prior year signal weakening capital efficiency and some leverage creep. Over time, lower returns on equity can pressure reinvestment capacity and shareholder returns unless offset by sustained higher margins or faster, high-quality growth.

PCB Bancorp Business Overview & Revenue Model

Company Description

PCB Bancorp operates as the bank holding company for Pacific City Bank that provides various banking products and services to small to medium-sized businesses, individuals, and professionals in Southern California. The company offers demand, savings, money market, and time deposits, as well as certificates of deposit; and remote deposit capture, courier deposit services, positive pay services, zero balance accounts, and sweep accounts. It also provides real estate loans, including commercial and residential, Small Business Administration (SBA) property, and construction loans; commercial and industrial loans, such as commercial term and lines of credit, SBA commercial term, and SBA Paycheck Protection Program loans; and other consumer loans comprising automobile secured loans and personal loans. In addition, the company offers access to account balances, online transfers, and online bill payment and electronic delivery of customer statements; and mobile banking solutions that include remote check deposit and mobile bill pay. Further, it provides automated teller machines; and banking by telephone, mail, personal appointment, debit cards, direct deposit, and cashier's checks, as well as treasury management, wire transfer, and automated clearing house services. The company operates through a network of 11 full-service branches in Los Angeles and Orange counties, California; and one full-service branch in each of Englewood Cliffs, New Jersey, and Bayside, New York. It also operates 10 loan production offices in Irvine, Artesia, and Los Angeles, California; Annandale, Virginia; Atlanta, Georgia; Chicago, Illinois; Bellevue, Washington; Aurora, Colorado; Carrollton, Texas; and New York, New York. The company was formerly known as Pacific City Financial Corporation and changed its name to PCB Bancorp in July 2019. PCB Bancorp was founded in 2003 and is headquartered in Los Angeles, California.

How the Company Makes Money

PCB Bancorp primarily makes money through its banking subsidiary by earning net interest income and noninterest income. Net interest income is generated from interest earned on loans (such as commercial and industrial loans, commercial real estate loans, and SBA-related lending) and other interest-earning assets, minus the interest the bank pays on deposits and other funding sources; the bank’s profitability is therefore influenced by loan growth, credit performance, funding costs, and changes in market interest rates. Noninterest income is generated from fees and service charges associated with banking services; specific fee categories are not available (null). The company also incurs noninterest expenses (e.g., compensation, occupancy, technology, and other operating costs) and records provisions for credit losses, which affect net earnings. Information about significant partnerships or unique third-party arrangements contributing to earnings is not available (null).

PCB Bancorp Financial Statement Overview

Summary

Strong TTM revenue growth (~148%) and improved net margin (~17.9% vs. ~13.4% in 2024) support the score, alongside reasonable leverage (debt-to-equity ~0.18). Offsetting factors include profitability/ROE below prior-cycle peaks (TTM ROE ~9.6%) and uneven/declining free-cash-flow profile (FCF down ~14.8% TTM; prior negative cash-flow year).

Income Statement

TTM (Trailing-Twelve-Months) results show strong topline momentum (revenue up ~148% vs. prior year) with meaningfully improved profitability (net margin ~17.9% vs. ~13.4% in 2024). However, profitability is below the 2021–2023 peak levels (net margins ~19%–40%), suggesting margin compression and/or normalization after unusually strong prior periods. Overall, growth is impressive, but earnings quality looks less consistent across the cycle.

Balance Sheet

Leverage remains reasonable with TTM debt-to-equity around 0.18, and equity has grown over time, supporting balance-sheet resilience. That said, debt has risen versus 2024 (and is above 2022 levels), and returns on equity are moderate (TTM ~9.6%), below the stronger 2021 performance (~15.6%). Net: solid capitalization with some recent leverage creep and mid-range profitability on equity.

Cash Flow

Cash generation is positive in TTM with operating cash flow of ~$26.6M and free cash flow of ~$22.0M, and free cash flow is broadly supportive of earnings (about 0.91x net income). The main weakness is volatility: free cash flow declined ~14.8% in TTM, and the history includes a negative operating and free cash flow year (2021), indicating uneven cash conversion and potential working-capital swings.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	209.37M	191.91M	161.86M	116.25M	99.91M
Gross Profit	111.69M	96.31M	99.32M	100.53M	100.17M
EBITDA	52.49M	40.30M	47.33M	53.13M	60.34M
Net Income	37.45M	25.81M	30.70M	34.99M	40.10M
Balance Sheet
Total Assets	3.28B	3.06B	2.79B	2.42B	2.15B
Cash, Cash Equivalents and Short-Term Investments	185.33M	345.14M	385.67M	288.89M	326.48M
Total Debt	71.99M	33.67M	59.14M	26.81M	17.44M
Total Liabilities	2.89B	2.70B	2.44B	2.08B	1.89B
Stockholders Equity	390.03M	363.81M	348.87M	335.44M	256.29M
Cash Flow
Free Cash Flow	26.59M	34.91M	62.03M	51.81M	-2.05M
Operating Cash Flow	26.59M	38.98M	63.34M	57.27M	-1.62M
Investing Cash Flow	-200.14M	-311.74M	-275.27M	-356.67M	-175.22M
Financing Cash Flow	181.90M	229.20M	307.24M	243.14M	186.03M

PCB Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 21.86
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• 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 21.86 is below the 20-day moving average (MA) of 22.37, below the 50-day MA of 22.28, and above the 200-day MA of 21.24, indicating a neutral trend. The MACD of -0.21 indicates Positive momentum. The RSI at 44.64 is Neutral, neither overbought nor oversold. The STOCH value of 42.19 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
PLBC	73 Outperform	$340.75M	9.72	13.35%	2.63%	11.98%	-10.12%
PCB	70 Outperform	$311.74M	8.21	9.62%	3.57%	10.93%	42.68%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
FNLC	67 Neutral	$311.62M	8.51	12.70%	5.24%	10.46%	18.70%
CBAN	62 Neutral	$413.17M	11.22	8.98%	2.55%	6.92%	26.93%
WSBF	62 Neutral	$324.05M	11.18	7.67%	3.59%	-0.09%	83.67%
FSBW	56 Neutral	$292.56M	9.19	10.77%	3.17%	4.43%	-12.94%

PCB Bancorp Corporate Events

PCB Bancorp Posts Strong 2025 Results, Raises Dividend

On January 29, 2026, PCB Bancorp reported fourth-quarter 2025 net income available to common shareholders of $9.1 million, or $0.64 per diluted share, down from the prior quarter but up from the year-ago period, while full-year 2025 net income rose to $37.2 million, or $2.58 per diluted share, from $25.0 million a year earlier. The bank delivered higher annual net interest income and margin, solid loan growth to $2.82 billion, and increased gains on loan sales, even as total deposits fell in the fourth quarter due largely to an intentional reduction in brokered balances and the decision not to match elevated market deposit rates. Asset quality metrics remained stable with an allowance for credit losses on loans at 1.18% at year-end 2025, provisions modestly higher year over year, and operating expenses kept in check, supporting improved profitability metrics, including a higher full-year return on average assets. Reflecting confidence in its earnings profile and balance sheet strength, the board declared on January 28, 2026, a quarterly cash dividend of $0.22 per common share, payable on or about February 20, 2026, to shareholders of record as of February 13, 2026.

The most recent analyst rating on (PCB) stock is a Buy with a $24.50 price target. To see the full list of analyst forecasts on PCB Bancorp stock, see the PCB Stock Forecast page.