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.
Plumas Bancorp Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$31.07|
|52 Week High||US$19.37|
|52 Week Low||US$33.26|
|1 Month Change||-3.24%|
|3 Month Change||-2.79%|
|1 Year Change||61.32%|
|3 Year Change||25.03%|
|5 Year Change||203.47%|
|Change since IPO||948.61%|
Recent News & Updates
|PLBC||US Banks||US Market|
Return vs Industry: PLBC underperformed the US Banks industry which returned 80% over the past year.
Return vs Market: PLBC exceeded the US Market which returned 35.3% over the past year.
Stable Share Price: PLBC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: PLBC's weekly volatility (3%) has been stable over the past year.
About the Company
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 offers various deposit products, such as checking, interest-bearing checking, public funds and business sweep, savings, and retirement accounts, as well as time and remote deposits. Its loan portfolio comprises consumer loans, including residential equity lines of credit and automobile loans; real estate, and commercial and industrial term loans; government-guaranteed and agricultural loans; land development and construction loans; and credit lines.
Plumas Bancorp Fundamentals Summary
|PLBC fundamental statistics|
Is PLBC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PLBC income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.91|
|Net Profit Margin||35.82%|
How did PLBC perform over the long term?See historical performance and comparison
1.8%Current Dividend Yield
Is Plumas Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PLBC ($31.07) is trading below our estimate of fair value ($62.11)
Significantly Below Fair Value: PLBC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PLBC is good value based on its PE Ratio (10.7x) compared to the US Banks industry average (11x).
PE vs Market: PLBC is good value based on its PE Ratio (10.7x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PLBC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PLBC is overvalued based on its PB Ratio (1.7x) compared to the US Banks industry average (1.1x).
How is Plumas Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Plumas Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Plumas Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PLBC has high quality earnings.
Growing Profit Margin: PLBC's current net profit margins (35.8%) are higher than last year (33.6%).
Past Earnings Growth Analysis
Earnings Trend: PLBC's earnings have grown by 17.4% per year over the past 5 years.
Accelerating Growth: PLBC's earnings growth over the past year (17.5%) exceeds its 5-year average (17.4% per year).
Earnings vs Industry: PLBC earnings growth over the past year (17.5%) underperformed the Banks industry 36%.
Return on Equity
High ROE: PLBC's Return on Equity (15.8%) is considered low.
How is Plumas Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: PLBC's Assets to Equity ratio (11.9x) is moderate.
Allowance for Bad Loans: PLBC has a sufficient allowance for bad loans (149%).
Low Risk Liabilities: 97% of PLBC's liabilities are made up of primarily low risk sources of funding.
Loan Level: PLBC has an appropriate level of Loans to Assets ratio (57%).
Low Risk Deposits: PLBC's Loans to Deposits ratio (64%) is appropriate.
Level of Bad Loans: PLBC has an appropriate level of bad loans (0.9%).
What is Plumas Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PLBC's dividend (1.8%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: PLBC's dividend (1.8%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PLBC has been paying a dividend for less than 10 years.
Growing Dividend: PLBC's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16%), PLBC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andy Ryback (56 yo)
Mr. Andrew J. Ryback, also known as Andy, is the President and Chief Executive Officer of Plumas Bank and Plumas Bancorp since November 16, 2011 and has been its Director since 2016. He previously served a...
CEO Compensation Analysis
Compensation vs Market: Andy's total compensation ($USD438.34K) is below average for companies of similar size in the US market ($USD1.08M).
Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.
Experienced Management: PLBC's management team is seasoned and experienced (11.5 years average tenure).
Experienced Board: PLBC's board of directors are considered experienced (5.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PLBC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.2%.
Plumas Bancorp's employee growth, exchange listings and data sources
- Name: Plumas Bancorp
- Ticker: PLBC
- Exchange: NasdaqCM
- Founded: 1980
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$180.527m
- Shares outstanding: 5.81m
- Website: https://www.plumasbank.com
Number of Employees
- Plumas Bancorp
- 5050 Meadowood Mall Circle
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/26 22:16|
|End of Day Share Price||2021/09/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.