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Date | Price Target | Rating | Analyst |
---|---|---|---|
8/31/2023 | $38.00 | Outperform | Raymond James |
RENO, Nev., Feb. 08, 2024 (GLOBE NEWSWIRE) -- The directors of Plumas Bancorp (NASDAQ:PLBC), a bank holding company and the parent company of Plumas Bank, are pleased to announce the appointment of Sushil Patel to the Plumas Bancorp and Plumas Bank Board of Directors. Patel is from South Lake Tahoe, Calif., and has been actively involved in developing real estate projects in both Nevada and California for more than 20 years. A successful business leader in the hospitality and lodging industry, Patel is owner of Laxmi Hotels and managing partner at Mountain West Builders. He owns and operates five hotel properties in Lake Tahoe and Reno, Nev. and co-leads one of the largest multifamily c
RENO, Nev., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank, announced the recent retirement of board director, Gerald W. Fletcher, after 34 years of service. Mr. Fletcher's retirement, effective December 31, 2022, was required by the age-based retirement policy in the company's Corporate Governance Guidelines. Fletcher was on the Board of Directors for Susanville-based Sierra Security Bank. He joined the Plumas Bank Board in 1988 when Sierra Security Bank merged with Plumas Bank. Fletcher lived most of his life in Susanville, California and recently moved to Chico, California. He owned and operated Fletcher Christmas Trees for over 50
RENO, Nevada, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank, today announced record total assets and earnings at and for the year ended December 31, 2021. Total assets were $1.6 billion at December 31, 2021, an increase of $502 million from $1.1 billion at December 31, 2020. For the twelve months ended December 31, 2021, the Company reported net income of $21.0 million or $3.82 per share, an increase of $6.5 million from $14.5 million or $2.80 per share earned during 2020. Earnings per diluted share increased to $3.76 during the twelve months ended December 31, 2021, up $0.99 from $2.77 during 2020. Earnings during the fourth quarter of
RENO, Nev., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank (the "Bank"), today announced that the Board of Directors declared a regular quarterly cash dividend on Plumas Bancorp common stock of $0.27 per share, payable November 15, 2024, to stockholders of record as of November 1, 2024. About Plumas Bancorp Plumas Bank is a subsidiary of Plumas Bancorp (NASDAQ:PLBC), a bank holding company headquartered in Reno, Nevada. Plumas Bank is a locally managed, award-winning community bank founded in 1980 and headquartered in Quincy, California. With 15 branch offices in Northeastern California and Northern Nevada, and loan production offices in
RENO, Nev., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank, today announced earnings during the third quarter of 2024 of $7.8 million or $1.33 per share, a decrease of $140 thousand from $8.0 million or $1.36 per share during the third quarter of 2023. Diluted earnings per share decreased to $1.31 per share during the three months ended September 30, 2024 down from $1.34 per share during the quarter ended September 30, 2023. An increase of $1.1 million in net interest income and a decline of $200,000 in the provision for credit losses were offset by increases of $1.4 million in non-interest expense and a decline of $76,000 in the non-int
RENO, Nev., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Plumas Bank, a wholly-owned subsidiary of Plumas Bancorp, has recently been honored with multiple prestigious awards acknowledging its exceptional performance in serving clients, investors, and communities in northeastern California and northern Nevada. "For 44 years, we have partnered with businesses in our regions, helping them grow while providing stable returns to our investors, even through cycles of the national economy," said Andrew Ryback, President and CEO of Plumas Bank. "Our focus is helping our clients achieve their goals and it's incredibly rewarding to be recognized for our efforts." Each of these awards assesse
Plumas (NASDAQ:PLBC) reported quarterly earnings of $1.14 per share which beat the analyst consensus estimate of $1.09 by 4.59 percent. This is a 1.79 percent increase over earnings of $1.12 per share from the same period last year. The company reported quarterly sales of $20.61 million which beat the analyst consensus estimate of $20.00 million by 3.04 percent. This is a 6.32 percent increase over sales of $19.38 million the same period last year.
Plumas (NASDAQ:PLBC) reported quarterly earnings of $1.08 per share which missed the analyst consensus estimate of $1.19 by 9.24 percent. This is a 15.62 percent decrease over earnings of $1.28 per share from the same period last year.
Raymond James initiated coverage of Plumas Bancorp with a rating of Outperform and set a new price target of $38.00
8-K - PLUMAS BANCORP (0001168455) (Filer)
10-Q - PLUMAS BANCORP (0001168455) (Filer)
8-K - PLUMAS BANCORP (0001168455) (Filer)
SC 13G/A - PLUMAS BANCORP (0001168455) (Subject)
SC 13G/A - PLUMAS BANCORP (0001168455) (Subject)
SC 13G/A - PLUMAS BANCORP (0001168455) (Subject)
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RENO, Nev., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank (the "Bank"), today announced that the Board of Directors declared a regular quarterly cash dividend on Plumas Bancorp common stock of $0.27 per share, payable November 15, 2024, to stockholders of record as of November 1, 2024. About Plumas Bancorp Plumas Bank is a subsidiary of Plumas Bancorp (NASDAQ:PLBC), a bank holding company headquartered in Reno, Nevada. Plumas Bank is a locally managed, award-winning community bank founded in 1980 and headquartered in Quincy, California. With 15 branch offices in Northeastern California and Northern Nevada, and loan production offices in
RENO, Nev., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank, today announced earnings during the third quarter of 2024 of $7.8 million or $1.33 per share, a decrease of $140 thousand from $8.0 million or $1.36 per share during the third quarter of 2023. Diluted earnings per share decreased to $1.31 per share during the three months ended September 30, 2024 down from $1.34 per share during the quarter ended September 30, 2023. An increase of $1.1 million in net interest income and a decline of $200,000 in the provision for credit losses were offset by increases of $1.4 million in non-interest expense and a decline of $76,000 in the non-int
RENO, Nev., July 18, 2024 (GLOBE NEWSWIRE) -- Plumas Bancorp (NASDAQ:PLBC), the parent company of Plumas Bank (the "Bank"), today announced that the Board of Directors declared a regular quarterly cash dividend on Plumas Bancorp common stock of $0.27 per share, payable August 15, 2024, to stockholders of record as of August 1, 2024. About Plumas Bancorp Plumas Bank is a subsidiary of Plumas Bancorp (NASDAQ:PLBC), a bank holding company headquartered in Reno, Nevada. Plumas Bank is a locally managed, award-winning community bank founded in 1980 and headquartered in Quincy, California. With 15 branch offices in Northeastern California and Northern Nevada, and loan production offices in Cal
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