Plumas Bancorp (PLBC) AI Stock Analysis

• Market Cap: $365.93M
• Dividend Yield: 2.63%
• Average Volume (3M): 17.14K
• Price to Earnings (P/E): 11.5
• Beta (1Y): 0.43
• Revenue Growth: 11.98%
• EPS Growth: -10.12%
• Country: US
• Employees: 183
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 1.56
• Shares Outstanding: 6,955,514
• 10 Day Avg. Volume: 24,475
• 30 Day Avg. Volume: 17,135
• PEG Ratio: -2.15
• Price to Book (P/B): 1.57
• Price to Sales (P/S): 3.82
• P/FCF Ratio: 9.34
• Enterprise Value/Market Cap: 0.84
• Enterprise Value/Revenue: 3.01
• Enterprise Value/Gross Profit: 3.64
• Enterprise Value/Ebitda: 7.99
• 1Y Price Target: $61.00
• Price Target Upside: 17.38% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: $56.00 ▲(7.75% Upside)

The score is driven by solid core financial stability with some profitability/cash flow pressure, strong technical uptrend (though overbought), and supportive valuation (low P/E with a moderate dividend). Positive corporate actions—especially the $25M buyback—provide an additional tailwind.

Positive Factors

Revenue Growth

Plumas has shown durable top-line momentum (Fundamentals reports ~14.7% revenue growth), reflecting expanding interest and fee income from loans and deposits. Sustained revenue growth bolsters core net interest income, supports branch and service scale, and underpins multi‑quarter resilience.

Operating Efficiency / Margins

The bank’s strong EBIT/EBITDA margins indicate efficient operating leverage in core banking activities. Persistent operating efficiency provides recurring earnings power, supports provisioning through cycles, and creates flexibility to invest in credit controls and community banking capabilities over the medium term.

Management Incentive Alignment

The 2026 incentive plan ties cash bonuses to ROA vs peers and to loan/deposit growth, asset quality and strategic goals. This structural change aligns executive and staff incentives with profitability and risk metrics, promoting disciplined growth and stronger governance over coming quarters.

Negative Factors

Weak Cash Generation

Negative free cash flow growth and a low operating-cash-flow-to-net-income ratio indicate weaker cash conversion from reported earnings. Over months this can constrain capital for lending, limit buffer for credit shocks, and reduce flexibility for dividends or strategic investments.

Low Return on Equity

ROE at ~1.11% signals the company generates minimal profit relative to shareholder capital. Persistently low ROE undermines long-term shareholder returns, constrains retained earnings accumulation for organic growth, and makes capital deployment decisions more challenging for management.

Declining Profit Margins

Reported declines in gross and net margins, despite a still-positive net margin, suggest margin pressure from costs or funding mix. If structural, this compresses lasting profitability, forcing higher loan volume or cost reductions to sustain earnings and support capital returns over time.

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 loans and investments, as well as non-interest income from various banking services. Key revenue streams include interest earned from commercial and consumer loans, mortgages, and home equity lines of credit. Additionally, the bank earns fees from deposit accounts, transaction services, and wealth management services. Significant partnerships with local businesses and community organizations enhance its client base and service offerings, while effective risk management practices contribute to maintaining a healthy loan portfolio and minimizing defaults.

Plumas Bancorp Financial Statement Overview

Summary

Income statement strength (revenue up 6.16% TTM; solid EBIT/EBITDA margins) is offset by declining gross and net margins. Balance sheet leverage has improved, but ROE is very low (1.11%). Cash flow is a weaker point with negative free cash flow growth and low operating cash flow to net income.

Income Statement

Plumas Bancorp has demonstrated consistent revenue growth, with a notable 6.16% increase in the TTM period. However, there is a decline in gross profit margin from previous years, indicating potential cost pressures. The net profit margin remains healthy at 7.58% in the TTM, though it has decreased from previous periods. EBIT and EBITDA margins are strong, reflecting efficient operations.

Balance Sheet

The company's debt-to-equity ratio has improved significantly in the TTM, indicating reduced leverage. However, the return on equity has decreased to 1.11%, suggesting lower profitability relative to equity. The equity ratio remains stable, indicating a solid capital structure.

Cash Flow

Free cash flow growth has been negative in the TTM, reflecting potential challenges in cash generation. The operating cash flow to net income ratio is low, indicating less cash generation from operations relative to net income. However, the free cash flow to net income ratio remains strong, suggesting efficient cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	102.07M	72.86M	84.89M	70.53M	56.50M	47.86M
Gross Profit	84.30M	61.03M	77.32M	67.98M	54.24M	43.45M
EBITDA	38.43M	40.50M	41.88M	37.57M	30.16M	21.38M
Net Income	26.40M	28.62M	29.78M	26.44M	21.01M	14.47M
Balance Sheet
Total Assets	2.23B	1.62B	1.61B	1.62B	1.61B	1.11B
Cash, Cash Equivalents and Short-Term Investments	529.83M	519.75M	574.84M	628.13M	686.50M	364.52M
Total Debt	145.20M	61.83M	116.06M	28.93M	27.59M	29.19M
Total Liabilities	1.98B	1.45B	1.46B	1.50B	1.48B	1.01B
Stockholders Equity	245.95M	177.90M	147.32M	119.00M	134.08M	100.15M
Cash Flow
Free Cash Flow	22.34M	29.83M	36.06M	53.86M	-9.35M	23.02M
Operating Cash Flow	23.46M	30.51M	38.34M	56.88M	-8.42M	24.63M
Investing Cash Flow	61.83M	10.25M	-90.55M	-270.77M	-79.81M	-114.40M
Financing Cash Flow	-115.97M	-44.39M	-45.56M	16.72M	283.90M	227.74M

Plumas Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 51.97
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• 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 51.97 is above the 20-day moving average (MA) of 47.32, above the 50-day MA of 45.42, and above the 200-day MA of 43.00, indicating a bullish trend. The MACD of 1.75 indicates Negative momentum. The RSI at 78.24 is Negative, neither overbought nor oversold. The STOCH value of 72.86 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
FNLC	77 Outperform	$326.71M	9.24	11.86%	5.24%	10.46%	18.70%
PLBC	73 Outperform	$365.93M	11.52	12.34%	2.63%	11.98%	-10.12%
BWFG	71 Outperform	$397.65M	11.17	10.04%	1.66%	2.52%	85.94%
CZFS	71 Outperform	$324.91M	8.75	10.88%	3.38%	2.16%	24.43%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
COSO	63 Neutral	$341.64M	11.69	12.63%	―	―	―
FRST	58 Neutral	$352.66M	5.68	2.25%	3.06%	9.90%	―

Plumas Bancorp Corporate Events

Plumas Bancorp Authorizes $25 Million Stock Repurchase Program

On February 2, 2026, Plumas Bancorp announced that its board had authorized a stock repurchase program allowing the company to buy back up to $25 million of its common shares through the fourth quarter of 2026, with purchases potentially executed via open market transactions, privately negotiated deals, or block trades. Management framed the initiative as a reflection of the bank’s strong capital position and confidence in its long‑term prospects, signaling a focus on disciplined capital management and shareholder returns, while noting that repurchases will be funded from available cash and retained earnings and may be adjusted or discontinued depending on market conditions and other corporate priorities.

The most recent analyst rating on (PLBC) stock is a Buy with a $56.00 price target. To see the full list of analyst forecasts on Plumas Bancorp stock, see the PLBC Stock Forecast page.

Plumas Bancorp Adopts 2026 Performance-Based Incentive Plan

On January 21, 2026, Plumas Bancorp’s board approved a 2026 cash non-equity incentive plan that covers all Plumas Bank employees regularly scheduled to work at least 20 hours per week, dividing the aggregate bonus pool into separate pools for officers and other staff, with officers allocated 90.9% of the combined pool. Incentives will only be paid if the bank’s return on assets as of September 30, 2026 exceeds the 50th percentile of a peer group of commercial banks with $1 billion to $3 billion in assets, with the total pool capped at 8.8% of pretax, pre-bonus income and specific maximum allocations for the CEO and executive vice presidents tied to ROA percentile, performance goals, and qualitative evaluations. The structure links leadership compensation to loan and deposit growth, asset quality, strategic initiatives, return on equity relative to peers, and budgeted net income, aligning management and employee rewards with profitability and balance sheet quality, while leaving the board discretion to modify or terminate the plan and requiring committee approval for all payouts.

The most recent analyst rating on (PLBC) stock is a Buy with a $56.00 price target. To see the full list of analyst forecasts on Plumas Bancorp stock, see the PLBC Stock Forecast page.

Plumas Bancorp Declares Quarterly Cash Dividend to Shareholders

On January 21, 2026, Plumas Bancorp’s board of directors declared a quarterly cash dividend of $0.33 per common share, with the payment scheduled for February 18, 2026 to shareholders of record as of the close of business on February 4, 2026. The dividend decision underscores the bank’s continued return of capital to shareholders and signals ongoing confidence from the board in the company’s financial position and earnings performance.

The most recent analyst rating on (PLBC) stock is a Hold with a $49.00 price target. To see the full list of analyst forecasts on Plumas Bancorp stock, see the PLBC Stock Forecast page.

Plumas Bancorp Issues Investor Presentation Under Regulation FD

On January 21, 2026, Plumas Bancorp prepared a slide presentation for use in upcoming investor presentations, furnishing it via a current report without treating it as a formally filed document under federal securities laws. The company emphasized that the materials should not be viewed as complete or necessarily material to investment decisions and noted that actual future results may differ materially from any expectations discussed, underscoring that investors should rely on the broader set of risk disclosures already on file with the Securities and Exchange Commission.

The most recent analyst rating on (PLBC) stock is a Hold with a $49.00 price target. To see the full list of analyst forecasts on Plumas Bancorp stock, see the PLBC Stock Forecast page.

Plumas Bancorp Announces New Chief Credit Officer Leadership

On January 1, 2026, Plumas Bank implemented a planned leadership transition in its credit administration team, promoting Kevin Kaiser to executive vice president and chief credit officer following the December 31, 2025 retirement of longtime CCO Jeff Moore, and appointing Ryan Riggan as senior vice president and credit administrator. Both Kaiser, a nearly 40-year veteran in commercial and agricultural lending, and Riggan, with about 25 years’ experience in national and regional institutions and a key role in refining government-guaranteed credit policies, bring deep institutional and market knowledge that management says will support sustainable growth, risk management and continuity. Announced on January 2, 2026, shortly after the bank’s 45th anniversary, the move reinforces Plumas Bank’s strategy of promoting experienced internal leaders to bolster stability, strengthen its credit portfolio oversight, and reassure clients, communities and investors of consistent execution on its strategic priorities.

The most recent analyst rating on (PLBC) stock is a Hold with a $52.00 price target. To see the full list of analyst forecasts on Plumas Bancorp stock, see the PLBC Stock Forecast page.

Plumas Bancorp adopts new executive indemnification agreements

On December 17, 2025, Plumas Bancorp and its subsidiary Plumas Bank entered into new indemnification agreements covering two recently appointed executives, Jack Prescott, EVP/Chief Banking Officer (appointed July 21, 2025), and Matt Moseley, EVP/Regional Market President (appointed July 1, 2025). The agreements commit the company and the bank to indemnify their directors and executive officers and advance related expenses to the fullest extent allowed by law, reinforcing existing protections in governing documents and potentially strengthening executive confidence and governance stability for stakeholders.

The most recent analyst rating on (PLBC) stock is a Buy with a $61.00 price target. To see the full list of analyst forecasts on Plumas Bancorp stock, see the PLBC Stock Forecast page.

Plumas Bancorp Completes Sale and Leaseback Deal

On November 19, 2025, Plumas Bank completed the sale of two administrative offices in Quincy, California, to BBS Branch III, LLC for $5.55 million. Concurrently, Plumas Bank entered into a 15-year leaseback agreement for the properties, resulting in a pre-tax gain of approximately $5.5 million. The company is considering selling a portion of its securities portfolio, which is currently in a loss position, to offset the gain from the sale and leaseback transaction.

The most recent analyst rating on (PLBC) stock is a Hold with a $45.00 price target. To see the full list of analyst forecasts on Plumas Bancorp stock, see the PLBC Stock Forecast page.