PCB Bancorp (PCB) AI Stock Analysis

• Market Cap: $287.62M
• Dividend Yield: 3.88%
• Average Volume (3M): 40.28K
• Price to Earnings (P/E): 10.4
• Beta (1Y): 0.65
• Revenue Growth: 14.10%
• EPS Growth: 11.51%
• Country: US
• Employees: 257
• Sector: Financial
• Sector Strength: 79
• Industry: Banks - Regional
• EPS (TTM): 0.53
• Shares Outstanding: 14,309,232
• 10 Day Avg. Volume: 29,166
• 30 Day Avg. Volume: 40,279
• PEG Ratio: 2.92
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.94
• 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: $22.00
• Price Target Upside: 9.45% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 75 Outperform
• Price Target: ―

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.

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 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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
99.71M	99.32M	104.13M	95.57M	77.93M
	Gross Profit
64.05M	99.32M	104.13M	95.57M	77.93M
	EBIT
-132.50M	43.26M	61.52M	56.96M	23.01M
	EBITDA
0.00	0.00	53.13M	60.34M	26.45M
	Net Income Common Stockholders
25.81M	30.70M	34.99M	40.10M	16.18M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
173.45M	242.34M	288.89M	326.48M	314.63M
	Total Assets
3.06B	2.79B	2.42B	2.15B	1.92B
	Total Debt
15.00M	59.14M	26.81M	17.44M	88.45M
	Net Debt
-12.10M	-183.21M	-120.22M	-185.84M	-105.64M
	Total Liabilities
2.70B	2.44B	2.08B	1.89B	1.69B
	Stockholders Equity
363.81M	348.87M	335.44M	256.29M	233.79M
Cash Flow		Free Cash Flow
38.98M	62.03M	51.81M	-2.05M	15.31M
	Operating Cash Flow
38.98M	63.34M	57.27M	-1.62M	17.09M
	Investing Cash Flow
-311.74M	-275.27M	-356.67M	-175.22M	-132.82M
	Financing Cash Flow
229.20M	307.24M	243.14M	186.03M	163.60M

PCB Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 20.10
• 50DMA: Positive
• 100DMA: Positive
• 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 Positive. The current price of 20.1 is above the 20-day moving average (MA) of 19.86, above the 50-day MA of 19.07, and above the 200-day MA of 19.07, indicating a bullish trend. The MACD of 0.03 indicates Positive momentum. The RSI at 57.85 is Neutral, neither overbought nor oversold. The STOCH value of 70.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PCB.

PCB Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FNLC	78 Outperform	$273.90M	9.72	11.19%	5.95%	13.25%	1.46%
PCB	75 Outperform	$287.62M	10.36	7.60%	3.88%	14.10%	11.51%
CZFS	75 Outperform	$292.15M	10.27	9.62%	3.24%	9.53%	63.45%
OBT	74 Outperform	$318.82M	10.08	14.76%	1.97%	6.08%	-23.52%
CBAN	72 Outperform	$271.94M	10.87	9.20%	2.92%	6.61%	14.29%
SFST	69 Neutral	$292.45M	15.53	5.60%	―	8.57%	37.95%
Sector *	64 Neutral	$12.83B	9.78	7.78%	16985.64%	12.26%	-7.81%

PCB Bancorp Corporate Events

PCB Bancorp Faces Nasdaq Non-Compliance Notice

On May 22, 2025, PCB Bancorp received a notice from Nasdaq indicating non-compliance with the Nasdaq Listing Rule 5250(c)(1) due to the delayed filing of its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. This notice does not immediately affect the company’s stock listing or trading on Nasdaq, and PCB Bancorp plans to file the report promptly and submit a compliance plan within the 60-day deadline. The delay is attributed to the need for additional time to assess a Securities Purchase Option Agreement related to its Series C Preferred Stock. If Nasdaq accepts the compliance plan, PCB Bancorp may receive up to 180 days to regain compliance, with potential implications for its stock listing if further delays occur.

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.

PCB Bancorp Declares Quarterly Dividend Amid Growth

PCB Bancorp announced a quarterly cash dividend of $0.20 per common share, declared on April 23, 2025, to be paid on May 16, 2025. For the first quarter of 2025, PCB Bancorp reported a net income of $7.7 million, marking an increase from previous quarters, with growth in loan and deposit balances and an expanded net interest margin. Despite uncertainties in the economic environment, the company remains well-positioned to continue its growth and maintain strong credit quality.