Plumas Bancorp (PLBC)
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-09
$61.95-0.78%
Close 2026-09-09 · 1-day change
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-09
Warn: Recent financial performance slipped notably this past month, though still top-half.
Plumas Bancorp maintains a stable dividend of $0.33 per share each quarter. The company has a $25 million share repurchase program supporting shareholder value. Earnings are on track to reach record levels with $9.8 million net income in Q1 2026. These factors show steady growth and disciplined capital use.
Earnings growth could stall if loan demand weakens or credit costs rise. The dividend might be cut if capital pressures increase. Share repurchases depend on excess capital, which could be limited in a downturn.
The price is about 15% above our 12-month fair value near $51. Analysts expect roughly 5% revenue growth. Our view aligns with this growth but sees limited upside beyond current expectations.
Breaks if: quarterly dividend falls below $0.33 per share
Breaks if: net income falls below $9.8 million in 2026-Q1
repurchase program is cancelled or materially reduced
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a growth strategy focused on both acquisitions and organic expansion in the financial sector. The current thesis is mixed, with management showing progress in some areas but volatility in execution.
The market seems to have priced in a low level of fragility, reflecting only weak execution quality without assuming a full downturn. Valuation is justified, with a premium compared to peers, indicating that some growth expectations are already included.
Fundamentals are likely to remain stable, with management focused on growth and capital management. However, there are challenges in asset quality that could impact performance, especially if guidance is cut in the near term.
The thesis hinges on the performance of sector bellwethers like HDB, IBN, and PNC, as their results will influence PLBC's momentum. Additionally, management's ability to maintain asset quality and manage credit risk will be crucial.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports this improvement. There are no new threats impacting the thesis.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Over the next 1 to 3 years, PLBC's performance will depend on both sector dynamics and internal management execution. Not investment advice.