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Plumas Bancorp (PLBC)
NASDAQ:PLBC

Plumas Bancorp (PLBC) AI Stock Analysis

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Plumas Bancorp

(NASDAQ:PLBC)

Rating:81Outperform
Price Target:
$55.00
â–²(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 (PLBC) vs. SPDR S&P 500 ETF (SPY)

Plumas Bancorp Business Overview & Revenue Model

Company DescriptionPlumas 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 MoneyPlumas 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
72
Positive
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
85
Very Positive
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
78
Positive
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.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue62.23M80.09M69.28M55.65M46.86M
Gross Profit62.23M80.09M69.28M55.65M46.86M
EBITDA0.000.0037.57M29.91M21.38M
Net Income28.62M29.78M26.44M21.01M14.47M
Balance Sheet
Total Assets1.62B1.61B1.62B1.61B1.11B
Cash, Cash Equivalents and Short-Term Investments463.35M85.66M628.13M686.50M364.52M
Total Debt39.76M90.00M10.31M10.31M10.31M
Total Liabilities1.45B1.46B1.50B1.48B1.01B
Stockholders Equity177.90M147.32M119.00M134.08M100.15M
Cash Flow
Free Cash Flow29.83M36.06M53.86M-9.35M23.02M
Operating Cash Flow30.98M38.34M56.88M-8.42M24.63M
Investing Cash Flow10.25M-90.55M-270.77M-79.81M-114.40M
Financing Cash Flow-44.39M-45.56M16.72M283.90M227.74M

Plumas Bancorp Technical Analysis

Technical Analysis Sentiment
Positive
Last Price45.72
Price Trends
50DMA
43.83
Positive
100DMA
43.53
Positive
200DMA
44.00
Positive
Market Momentum
MACD
0.83
Negative
RSI
57.49
Neutral
STOCH
69.06
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 Risk Analysis

Plumas Bancorp disclosed 27 risk factors in its most recent earnings report. Plumas Bancorp reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Plumas Bancorp Peers Comparison

Overall Rating
UnderperformOutperform
Sector (67)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
81
Outperform
$329.31M9.6116.93%2.53%10.64%3.48%
78
Outperform
$252.76M9.8810.54%3.21%12.28%5.73%
75
Outperform
$280.24M12.9310.77%3.29%18.46%32.78%
PCPCB
72
Outperform
$319.95M11.527.60%3.58%14.10%11.51%
71
Outperform
$302.91M10.7511.19%5.33%13.08%1.42%
67
Neutral
$17.07B11.919.69%3.75%11.66%-9.47%
65
Neutral
$304.73M16.086.38%2.90%-8.20%-22.46%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
PLBC
Plumas Bancorp
45.72
11.97
35.47%
FNLC
First Bancorp
27.32
4.20
18.17%
TSBK
Timberland Bancorp
31.99
7.20
29.04%
MVBF
MVB Financial
23.14
4.88
26.73%
FDBC
Fidelity D & D Bancorp
48.16
7.30
17.87%
PCB
PCB Bancorp
22.05
7.24
48.89%

Plumas Bancorp Corporate Events

Executive/Board ChangesM&A Transactions
Plumas Bancorp Completes Acquisition of Cornerstone Community Bancorp
Positive
Jul 2, 2025

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.

M&A TransactionsShareholder Meetings
Plumas Bancorp Merger with Cornerstone Community Approved
Positive
Jun 3, 2025

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.

Executive/Board ChangesShareholder Meetings
Plumas Bancorp Shareholders Approve Key Governance Matters
Neutral
May 22, 2025

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.

Business Operations and Strategy
Plumas Bancorp Prepares Investor Presentation April 2025
Neutral
Apr 16, 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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 03, 2025