PCB Bancorp Past Earnings Performance

Past criteria checks 2/6

PCB Bancorp has been growing earnings at an average annual rate of 9.8%, while the Banks industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 8.5% per year. PCB Bancorp's return on equity is 7.2%, and it has net margins of 26.6%.

Key information

9.8%

Earnings growth rate

11.6%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	8.5%
Return on equity	7.2%
Net Margin	26.6%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How PCB Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:PCB Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	94	25	51
31 Dec 23	99	31	50
30 Sep 23	102	33	49
30 Jun 23	101	33	48
31 Mar 23	102	35	47
31 Dec 22	101	35	46
30 Sep 22	101	37	45
30 Jun 22	105	41	43
31 Mar 22	105	42	42
31 Dec 21	100	40	40
30 Sep 21	94	35	40
30 Jun 21	81	28	38
31 Mar 21	71	21	37
31 Dec 20	65	16	37
30 Sep 20	61	15	36
30 Jun 20	67	18	37
31 Mar 20	73	21	38
31 Dec 19	77	24	38
30 Sep 19	80	27	38
30 Jun 19	79	26	37
31 Mar 19	76	25	36
31 Dec 18	75	24	36
30 Sep 18	72	20	35
30 Jun 18	70	18	35
31 Mar 18	70	18	34
31 Dec 17	67	16	33
30 Sep 17	66	18	28
30 Jun 17	64	17	27
31 Mar 17	60	15	26
31 Dec 16	57	14	29
30 Sep 16	54	13	25
30 Jun 16	52	12	24
31 Mar 16	51	12	23
31 Dec 15	49	12	22
30 Sep 15	48	12	22
30 Jun 15	48	12	21
31 Mar 15	47	12	20
31 Dec 14	45	11	19
30 Sep 14	46	12	19
31 Mar 14	39	20	18
31 Dec 13	38	20	16
30 Sep 13	33	19	16

Quality Earnings: PCB has high quality earnings.

Growing Profit Margin: PCB's current net profit margins (26.6%) are lower than last year (34.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PCB's earnings have grown by 9.8% per year over the past 5 years.

Accelerating Growth: PCB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PCB had negative earnings growth (-28.4%) over the past year, making it difficult to compare to the Banks industry average (-12.4%).

PCB Bancorp Past Earnings Performance

Past criteria checks 2/6

Key information

Recent past performance updates

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Full year 2023 earnings: EPS misses analyst expectations

Full year 2023 earnings: EPS misses analyst expectations

Third quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2022 earnings: EPS and revenues miss analyst expectations

Recent updates

PCB Bancorp (NASDAQ:PCB) Is Due To Pay A Dividend Of $0.18

Price target decreased by 8.1% to US$17.00

First quarter dividend of US$0.18 announced

PCB Bancorp Declares Quarterly Cash Dividend, Payable on or About May 17, 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

PCB Bancorp, Annual General Meeting, May 23, 2024

Full year 2023 earnings: EPS misses analyst expectations

Independent Chairman of the Board recently bought US$67k worth of stock

Upcoming dividend of US$0.18 per share at 4.3% yield

Fourth quarter dividend of US$0.18 announced

Full year 2023 earnings: EPS misses analyst expectations

PCB Bancorp Declares Quarterly Cash Dividend, Payable on or about February 16, 2024

Price target increased by 9.4% to US$17.50

Independent Chairman of the Board recently bought US$140k worth of stock

Upcoming dividend of US$0.18 per share at 4.7% yield

Third quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

PCB Bancorp Declares Quarterly Cash Dividend, to Be Paid on or About November 17, 2023

Independent Chairman of the Board recently bought US$178k worth of stock

Independent Chairman of the Board recently bought US$309k worth of stock

Price target increased by 9.4% to US$17.50

Upcoming dividend of US$0.18 per share at 4.4% yield

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

PCB Bancorp Bancorp Declares Quarterly Cash Dividend, Payable on or about August 18, 2023

Independent Director exercised options to buy US$375k worth of stock.

Investor sentiment improves as stock rises 17%

Insufficient new directors

Independent Chairman of the Board recently bought US$114k worth of stock

Upcoming dividend of US$0.18 per share at 4.5% yield

Consensus EPS estimates increase by 14%

Independent Chairman of the Board recently bought US$215k worth of stock

Price target decreased by 14% to US$17.00

Independent Director exercised options to buy US$99k worth of stock.

Full year 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorates as stock falls 16%

Independent Director recently sold US$202k worth of stock

Independent Director recently sold US$406k worth of stock

Independent Chairman of the Board recently bought US$128k worth of stock

Price target decreased by 7.1% to US$19.75

Upcoming dividend of US$0.15 per share at 3.2% yield

Full year 2022 earnings: EPS and revenues miss analyst expectations

PCB Bancorp Declares Quarterly Cash Dividend, Payable on or About February 17, 2023

Price target decreased to US$20.75

Independent Chairman of the Board recently bought US$232k worth of stock

Insider recently sold US$56k worth of stock

Independent Chairman of the Board recently bought US$228k worth of stock

Upcoming dividend of US$0.15 per share

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

PCB Bancorp Declares Quarterly Cash Dividend, Payable on or About November 18, 2022

Independent Chairman of the Board recently bought US$328k worth of stock

Independent Director exercised options to buy US$79k worth of stock.

Upcoming dividend of US$0.15 per share

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Pcb Bancorp Declares Quarterly Cash Dividend, Payable on or About August 19, 2022

Independent Chairman of the Board recently bought US$118k worth of stock

Upcoming dividend of US$0.15 per share

Price target decreased to US$24.75

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Now 21% undervalued after recent price drop

PCB Bancorp: 2.65% Dividend And Virtually No Non-Performing Assets

President exercised options to buy US$142k worth of stock.

Full year 2021 earnings: EPS exceeds analyst expectations

Independent Chairman of the Board recently bought US$433k worth of stock

Upcoming dividend of US$0.15 per share

Independent Chairman of the Board recently bought US$84k worth of stock

PCB Bancorp (NASDAQ:PCB) Will Pay A Larger Dividend Than Last Year At US$0.15

Full year 2021 earnings: EPS exceeds analyst expectations

PCB Bancorp Declares Quarterly Cash Dividend, Payable on or About February 18, 2022

Independent Chairman of the Board recently bought US$241k worth of stock

Upcoming dividend of US$0.12 per share

Revenue & Expenses Breakdown
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