Plumas Bancorp (PLBC) AI Stock Analysis

• Market Cap: $308.17M
• Dividend Yield: 2.7%
• Average Volume (3M): 13.53K
• Price to Earnings (P/E): 9.0
• Beta (1Y): 0.41
• Revenue Growth: 6.48%
• EPS Growth: 1.42%
• Country: US
• Employees: 183
• Sector: Financial
• Sector Strength: 73
• Industry: Banks - Regional
• EPS (TTM): 1.05
• Shares Outstanding: 6,932,927
• 10 Day Avg. Volume: 14,140
• 30 Day Avg. Volume: 13,527
• PEG Ratio: -10.25
• Price to Book (P/B): 0.16
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 10.62
• Enterprise Value/Market Cap: 0.71
• Enterprise Value/Revenue: 0.71
• Enterprise Value/Gross Profit: 2.63
• Enterprise Value/Ebitda: 1.35
• 1Y Price Target: $50.00
• Price Target Upside: 15.82% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 77 Outperform
• Price Target: $49.00 ▲(13.50%Upside)

Plumas Bancorp scores well overall due to strong financial performance and strategic corporate events like the acquisition of Cornerstone Community Bancorp, enhancing its market position. While technical indicators are neutral, the company's attractive valuation and conservative financial management provide a solid investment case.

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 performance with significant revenue and profit growth, solid margins, and effective equity utilization. While the balance sheet shows a conservative leverage approach, slight declines in EBITDA margin and free cash flow growth need attention.

Income Statement

Plumas Bancorp shows strong revenue growth with a 30% increase from the previous year to TTM, indicating robust business expansion. Gross and net profit margins are solid, at 88.2% and 31.2% respectively, reflecting good cost management and profitability. The EBIT and EBITDA margins are also favorable at 42.9% and 44.4%, suggesting efficient operational performance. However, there is a slight decline in EBITDA margin compared to the previous year, which needs monitoring.

Balance Sheet

The company maintains a healthy balance sheet with a debt-to-equity ratio of 0.31, showcasing a conservative leverage approach. Return on Equity (ROE) is impressive at 15.7%, demonstrating effective use of equity financing. The equity ratio is 11.5%, indicating a stable financial position. However, the high total liabilities relative to equity could pose a risk if not managed properly.

Cash Flow

Plumas Bancorp's cash flow performance is stable, with a slight decrease in operating cash flow compared to the previous period. The Free Cash Flow to Net Income Ratio is strong at 0.95, indicating efficient cash conversion from earnings. However, the free cash flow growth rate shows a minor decline, which should be addressed to ensure long-term cash adequacy.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	72.86M	84.89M	70.53M	56.50M	47.86M
Gross Profit	61.03M	77.32M	67.98M	54.24M	43.45M
EBITDA	40.50M	41.88M	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	519.75M	574.84M	628.13M	686.50M	364.52M
Total Debt	61.83M	116.06M	28.93M	27.59M	29.19M
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	30.51M	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: Negative
• Last Price: 43.17
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PLBC, the sentiment is Negative. The current price of 43.17 is below the 20-day moving average (MA) of 44.70, below the 50-day MA of 44.17, and below the 200-day MA of 44.14, indicating a bearish trend. The MACD of 0.41 indicates Positive momentum. The RSI at 43.01 is Neutral, neither overbought nor oversold. The STOCH value of 14.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PLBC.

Plumas Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FNLC	80 Outperform	$284.99M	10.11	11.19%	5.82%	14.00%	1.42%
MVBF	78 Outperform	$303.95M	16.04	6.38%	2.91%	-8.20%	-22.46%
PLBC	77 Outperform	$308.17M	8.99	16.24%	2.70%	6.48%	1.42%
TSBK	76 Outperform	$258.29M	10.10	10.54%	3.18%	12.28%	5.73%
FDBC	75 Outperform	$246.04M	11.35	10.77%	3.75%	18.46%	32.78%
PCB	75 Outperform	$300.35M	10.82	7.60%	3.81%	14.10%	11.51%
Sector *	64 Neutral	$6.53B	11.09	7.19%	5.09%	23.85%	5.18%

Plumas Bancorp Corporate Events

Plumas Bancorp Prepares Investor Presentation July 2025

Plumas Bancorp has prepared a presentation for future investor engagements, with the information dated as of July 16, 2025. The company emphasizes that the details provided are not necessarily comprehensive or material for investment decisions, and actual results may vary significantly from forward-looking statements due to various risk factors.

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 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.