Plumas Bancorp
Market Cap
US$127.7m
Last Updated
2021/01/15 23:43 UTC
Data Sources
Company Financials
Executive Summary
Plumas Bancorp operates as the 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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and good value.
Similar Companies
Share Price & News
How has Plumas Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PLBC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PLBC's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
2.0%
PLBC
0.8%
US Banks
-0.9%
US Market
1 Year Return
-7.8%
PLBC
-7.3%
US Banks
19.6%
US Market
Return vs Industry: PLBC underperformed the US Banks industry which returned -4.2% over the past year.
Return vs Market: PLBC underperformed the US Market which returned 21% over the past year.
Shareholder returns
| PLBC | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | 0.8% | -0.9% |
| 30 Day | 2.8% | 12.0% | 3.0% |
| 90 Day | 19.8% | 38.4% | 11.5% |
| 1 Year | -6.1%-7.8% | -3.9%-7.3% | 22.3%19.6% |
| 3 Year | 7.0%1.6% | 1.6%-7.1% | 45.3%35.7% |
| 5 Year | 211.3%189.3% | 87.6%63.8% | 124.8%99.9% |
Long-Term Price Volatility Vs. Market
How volatile is Plumas Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall St
What Type Of Shareholders Own The Most Number of Plumas Bancorp (NASDAQ:PLBC) Shares?1 month ago | Simply Wall St
Can You Imagine How Jubilant Plumas Bancorp's (NASDAQ:PLBC) Shareholders Feel About Its 150% Share Price Gain?2 months ago | Simply Wall St
Here's What We Like About Plumas Bancorp's (NASDAQ:PLBC) Upcoming DividendValuation
Is Plumas Bancorp undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PLBC ($24.65) is trading below our estimate of fair value ($53.86)
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 (9.1x) compared to the US Banks industry average (12.3x).
PE vs Market: PLBC is good value based on its PE Ratio (9.1x) compared to the US market (21.3x).
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 (1.3x) compared to the US Banks industry average (1x).
Next Steps
Future Growth
How is Plumas Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.1%
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.
Next Steps
- Examine whether Plumas Bancorp is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Banks industry.
Past Performance
How has Plumas Bancorp performed over the past 5 years?
21.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PLBC has high quality earnings.
Growing Profit Margin: PLBC's current net profit margins (33.3%) are lower than last year (34.6%).
Past Earnings Growth Analysis
Earnings Trend: PLBC's earnings have grown significantly by 21.2% per year over the past 5 years.
Accelerating Growth: PLBC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PLBC had negative earnings growth (-7.4%) over the past year, making it difficult to compare to the Banks industry average (-4.4%).
Return on Equity
High ROE: PLBC's Return on Equity (14.7%) is considered low.
Next Steps
Financial Health
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
Balance Sheet
Financial Institutions Analysis
Asset Level: PLBC's Assets to Equity ratio (11.6x) is moderate.
Allowance for Bad Loans: PLBC has a sufficient allowance for bad loans (393%).
Low Risk Liabilities: 96% 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 (66%).
Low Risk Deposits: PLBC's Loans to Deposits ratio (75%) is appropriate.
Level of Bad Loans: PLBC has an appropriate level of bad loans (0.3%).
Next Steps
Dividend
What is Plumas Bancorp current dividend yield, its reliability and sustainability?
1.95%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PLBC's dividend (1.95%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: PLBC's dividend (1.95%) is low compared to the top 25% of dividend payers in the US market (3.84%).
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 4 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.3%), 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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
10.8yrs
Average management tenure
CEO
Andy Ryback (55 yo)
10.83yrs
Tenure
US$560,382
Compensation
Mr. Andrew J. Ryback, also known as Andy, is the President and Chief Executive Officer of Plumas Bank and its holding company, Plumas Bancorp. He became a Member of the Company’s Board of Directors in 2016...
CEO Compensation Analysis
Compensation vs Market: Andy's total compensation ($USD560.38K) is about average for companies of similar size in the US market ($USD539.30K).
Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.83yrs | US$560.38k | 1.23% $ 1.6m | |
| Executive VP & CFO | 10.83yrs | US$319.52k | 0.93% $ 1.2m | |
| Executive VP & Chief Banking Officer of Plumas Bank | 12.5yrs | US$309.09k | 0% $ 0 | |
| VP, Marketing Manager & Investor Relations Officer | no data | no data | no data | |
| Executive VP & Chief Information Officer of Plumas Bank | no data | no data | no data | |
| Executive VP & Chief Credit Officer of Plumas Bank | 3yrs | no data | 0.019% $ 24.6k |
10.8yrs
Average Tenure
63yo
Average Age
Experienced Management: PLBC's management team is seasoned and experienced (10.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.83yrs | US$560.38k | 1.23% $ 1.6m | |
| Independent Director | 7.17yrs | US$33.30k | 0.32% $ 414.2k | |
| Independent Director | 33yrs | US$52.21k | 0.70% $ 893.8k | |
| Independent Director | 37yrs | US$26.70k | 1.6% $ 2.0m | |
| Independent Chairman of the Board | 15yrs | US$53.21k | 1.21% $ 1.5m | |
| Independent Director | 1.92yrs | US$41.71k | 0.062% $ 79.0k | |
| Independent Vice Chairman of the Board | no data | US$52.21k | 1.98% $ 2.5m | |
| Independent Director | 3.5yrs | US$11.13k | 0.12% $ 159.6k | |
| Independent Director | 1.42yrs | US$25.21k | 0.022% $ 27.7k |
6.1yrs
Average Tenure
66yo
Average Age
Experienced Board: PLBC's board of directors are considered experienced (6.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Plumas Bancorp's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Plumas Bancorp
- Ticker: PLBC
- Exchange: NasdaqCM
- Founded: 1980
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$127.712m
- Shares outstanding: 5.18m
- Website: https://www.plumasbank.com
Number of Employees
Location
- Plumas Bancorp
- 35 South Lindan Avenue
- Quincy
- California
- 95971
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PLBC | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Jun 1995 |
Biography
Plumas Bancorp operates as the 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...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/15 23:43 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.