NasdaqCM:PLBC

Stock Analysis Report

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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


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

PLBCIndustryMarket
7 Day2.0%0.8%-0.9%
30 Day2.8%12.0%3.0%
90 Day19.8%38.4%11.5%
1 Year-6.1%-7.8%-3.9%-7.3%22.3%19.6%
3 Year7.0%1.6%1.6%-7.1%45.3%35.7%
5 Year211.3%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

Valuation

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

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

NamePositionTenureCompensationOwnership
Andrew Ryback
President10.83yrsUS$560.38k1.23%
$ 1.6m
Richard Belstock
Executive VP & CFO10.83yrsUS$319.52k0.93%
$ 1.2m
B. North
Executive VP & Chief Banking Officer of Plumas Bank12.5yrsUS$309.09k0%
$ 0
Elizabeth Kuipers
VP, Marketing Manager & Investor Relations Officerno datano datano data
Aaron Boigon
Executive VP & Chief Information Officer of Plumas Bankno datano datano data
Jeffrey Moore
Executive VP & Chief Credit Officer of Plumas Bank3yrsno data0.019%
$ 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

NamePositionTenureCompensationOwnership
Andrew Ryback
President10.83yrsUS$560.38k1.23%
$ 1.6m
Steven Coldani
Independent Director7.17yrsUS$33.30k0.32%
$ 414.2k
Gerald Fletcher
Independent Director33yrsUS$52.21k0.70%
$ 893.8k
Terrance Reeson
Independent Director37yrsUS$26.70k1.6%
$ 2.0m
Daniel West
Independent Chairman of the Board15yrsUS$53.21k1.21%
$ 1.5m
Michonne Ascuaga
Independent Director1.92yrsUS$41.71k0.062%
$ 79.0k
Robert McClintock
Independent Vice Chairman of the Boardno dataUS$52.21k1.98%
$ 2.5m
Richard Kenny
Independent Director3.5yrsUS$11.13k0.12%
$ 159.6k
Heidi Gansert
Independent Director1.42yrsUS$25.21k0.022%
$ 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PLBCNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJun 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/15 23:43
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.