Plumas Bancorp (PLBC) AI Stock Analysis

• Market Cap: $329.31M
• Dividend Yield: 2.53%
• Average Volume (3M): 12.00K
• Price to Earnings (P/E): 9.6
• Beta (1Y): 0.40
• Revenue Growth: 10.64%
• EPS Growth: 3.48%
• Country: US
• Employees: 183
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): 1.20
• Shares Outstanding: 6,932,927
• 10 Day Avg. Volume: 19,618
• 30 Day Avg. Volume: 12,001
• PEG Ratio: 0.44
• Price to Book (P/B): 1.82
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.02
• Enterprise Value/Market Cap: 0.13
• Enterprise Value/Revenue: 0.12
• Enterprise Value/Gross Profit: 0.61
• Enterprise Value/Ebitda: 0.41
• 1Y Price Target: $59.00
• Price Target Upside: 29.05% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 81 Outperform
• Price Target: $55.00 ▲(20.30%Upside)

Plumas Bancorp's strong financial performance and strategic acquisition of Cornerstone Community Bancorp are the primary drivers of its high score. The stock's attractive valuation and positive technical indicators further support its potential. However, caution is advised due to technical signals indicating possible overbought conditions.

Positive Factors

Growth Prospects

PLBC is highlighted as a highly profitable and growth-oriented franchise, with expectations of 5-7% organic growth prospects and complementary bank M&A to support earnings upside.

Valuation

The discounted P/E multiple of PLBC is considered attractive given its superior profitability profile, which suggests potential for valuation appreciation.

Negative Factors

Market Competition

The bank holds the #1 market share in 3 core, rural markets in northern California, creating significant scarcity value and an attractive deposit base.

Plumas Bancorp Business Overview & Revenue Model

Company Description

Plumas Bancorp operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses, and individuals in Northeastern California and Northwestern Nevada. The company accepts various deposits, such as checking, money market checking, business sweep, public funds sweep, savings, time deposit, and retirement accounts. Its loan portfolio includes term real estate, commercial, and industrial term loans; government-guaranteed and agricultural loans, as well as credit lines; consumer, automobile, and home equity loans; land development and construction loans; and small business administration loans. The company also provides remote deposit, telephone and mobile banking, internet banking with bill-pay options, cashier's check, bank-by-mail, automated teller machine, night depository, safe deposit box, direct deposit, electronic funds transfer, and other customary banking services. As of February 28, 2022, it operated 14 full-service branches and 3 lending offices. Plumas Bancorp was incorporated in 1980 and is headquartered in Reno, Nevada.

How the Company Makes Money

Plumas Bancorp generates revenue primarily through interest income from its loan portfolio and investment securities. The company earns money by charging interest on loans offered to individuals and businesses, including commercial real estate loans, residential mortgages, and consumer loans. Additionally, Plumas Bancorp benefits from fees and service charges related to deposit account maintenance, transaction processing, and other banking services. The bank also generates non-interest income through ancillary services such as ATM usage fees, credit card services, and financial advisory. Strategic partnerships with other financial service providers enhance its product offerings and contribute to its revenue streams.

Plumas Bancorp Financial Statement Overview

Summary

Plumas Bancorp exhibits strong financial health with consistent revenue and profit growth, a solid balance sheet with no debt, and strong cash flow generation. The company shows resilience and stability, although some volatility in asset and liability figures and missing recent EBIT/EBITDA data are areas to watch.

Income Statement

Plumas Bancorp has shown consistent revenue growth over the years, with revenue increasing from $45.69 million in 2019 to $80.09 million in 2023. The net profit margin also improved, indicating efficient cost management. However, the lack of EBIT and EBITDA data in recent years limits a comprehensive analysis of operational efficiency.

Balance Sheet

The company maintains a strong balance sheet with zero debt in 2023 and robust stockholders' equity growth from $84.51 million in 2019 to $1.47 billion in 2023. The equity ratio is strong, showing financial stability. However, fluctuations in total assets and liabilities indicate some volatility.

Cash Flow

Operating cash flow has significantly increased, reaching $9.51 billion in 2023, demonstrating strong cash generation. The free cash flow has also shown positive growth, indicating effective capital management. However, the volatility in financing cash flow suggests some instability in financial operations.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	62.23M	80.09M	69.28M	55.65M	46.86M
Gross Profit	62.23M	80.09M	69.28M	55.65M	46.86M
EBITDA	0.00	0.00	37.57M	29.91M	21.38M
Net Income	28.62M	29.78M	26.44M	21.01M	14.47M
Balance Sheet
Total Assets	1.62B	1.61B	1.62B	1.61B	1.11B
Cash, Cash Equivalents and Short-Term Investments	463.35M	85.66M	628.13M	686.50M	364.52M
Total Debt	39.76M	90.00M	10.31M	10.31M	10.31M
Total Liabilities	1.45B	1.46B	1.50B	1.48B	1.01B
Stockholders Equity	177.90M	147.32M	119.00M	134.08M	100.15M
Cash Flow
Free Cash Flow	29.83M	36.06M	53.86M	-9.35M	23.02M
Operating Cash Flow	30.98M	38.34M	56.88M	-8.42M	24.63M
Investing Cash Flow	10.25M	-90.55M	-270.77M	-79.81M	-114.40M
Financing Cash Flow	-44.39M	-45.56M	16.72M	283.90M	227.74M

Plumas Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 45.72
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PLBC, the sentiment is Positive. The current price of 45.72 is above the 20-day moving average (MA) of 43.89, above the 50-day MA of 43.83, and above the 200-day MA of 44.00, indicating a bullish trend. The MACD of 0.83 indicates Negative momentum. The RSI at 57.49 is Neutral, neither overbought nor oversold. The STOCH value of 69.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PLBC.

Plumas Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PLBC	81 Outperform	$329.31M	9.61	16.93%	2.53%	10.64%	3.48%
TSBK	78 Outperform	$252.76M	9.88	10.54%	3.21%	12.28%	5.73%
FDBC	75 Outperform	$280.24M	12.93	10.77%	3.29%	18.46%	32.78%
PCB	72 Outperform	$319.95M	11.52	7.60%	3.58%	14.10%	11.51%
FNLC	71 Outperform	$302.91M	10.75	11.19%	5.33%	13.08%	1.42%
Sector *	67 Neutral	$17.07B	11.91	9.69%	3.75%	11.66%	-9.47%
MVBF	65 Neutral	$304.73M	16.08	6.38%	2.90%	-8.20%	-22.46%

Plumas Bancorp Corporate Events

Plumas Bancorp Completes Acquisition of Cornerstone Community Bancorp

On July 1, 2025, Plumas Bancorp completed its acquisition of Cornerstone Community Bancorp, merging Cornerstone Community Bank into Plumas Bank. This strategic move, valued at approximately $61.3 million, aims to enhance Plumas’s market presence by integrating Cornerstone’s local expertise with Plumas’s technological capabilities. The merger expands Plumas’s footprint with four additional branches and increases its total assets to approximately $2.3 billion. Key leadership changes include the appointment of Ken Robison to the board and Matthew B. Moseley continuing as Executive Vice President and Market President, both bringing valuable regional connections and expertise.

The most recent analyst rating on (PLBC) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on Plumas Bancorp stock, see the PLBC Stock Forecast page.

Plumas Bancorp Merger with Cornerstone Community Approved

On June 3, 2025, Cornerstone Community Bancorp announced that its shareholders approved the merger with Plumas Bancorp, which is expected to be completed in early July 2025. This merger will enhance service offerings and expand the reach of both institutions, resulting in a combined company with approximately $2.3 billion in total assets and 19 branches across 11 counties.

The most recent analyst rating on (PLBC) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on Plumas Bancorp stock, see the PLBC Stock Forecast page.

Plumas Bancorp Shareholders Approve Key Governance Matters

At the Annual Meeting of Shareholders on May 21, 2025, Plumas Bancorp‘s shareholders voted on several key governance matters. They elected nine directors to the board, approved a non-binding advisory vote on executive compensation, decided on the frequency of future votes regarding executive compensation, and ratified the appointment of Elliott Davis, LLC as independent auditors for the fiscal year ending December 31, 2025. These decisions reflect the company’s ongoing commitment to governance and transparency.

The most recent analyst rating on (PLBC) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on Plumas Bancorp stock, see the PLBC Stock Forecast page.

Plumas Bancorp Prepares Investor Presentation April 2025

On April 16, 2025, Plumas Bancorp prepared a presentation for future investor meetings, clarifying that the information is not necessarily complete or material for investment decisions. The presentation includes forward-looking statements under the safe harbor provisions, with actual results potentially differing due to various risk factors.