
Plumas Bancorp (PLBC) Stock Forecast & Price Target
Plumas Bancorp (PLBC) Analyst Ratings
Bulls say
Plumas Bancorp demonstrates a positive outlook supported by an increase in its allowance for loan losses (ALL) to 1.40%, driven by net additions to reserves, despite experiencing zero net charge-offs (NCOs), indicating a strong asset quality management. Additionally, the bank anticipates a rise in non-interest expense (NIE) to $13.8 million in the third quarter, reflecting strategic growth initiatives and expected cost savings from the recent CRSB acquisition. Furthermore, a projected loan growth of 2% in the second half of 2025, while excluding indirect auto run-off, underscores the potential for organic expansion and enhances the overall financial stability of Plumas Bancorp.
Bears say
Plumas Bancorp has experienced a decline in core net interest earnings (NIE), dropping by 3.4% quarter-over-quarter to $10.5 million, largely attributed to lower compensation figures and an anticipated reset of net interest margin (NIM) to 4.79%, from the current 4.83%. Additionally, the bank's non-performing loan (NPL) coverage has significantly decreased to 104% from a previously high 361%, indicating potential challenges in asset quality, which may lead to increased credit loss provisioning in future quarters. Furthermore, organic end-of-period (EOP) deposits fell approximately 9% quarter-over-quarter, reflecting the bank's strategic choice to eliminate higher-cost funding sources during a period of tightening margins.
This aggregate rating is based on analysts' research of Plumas Bancorp and is not a guaranteed prediction by Public.com or investment advice.
Plumas Bancorp (PLBC) Analyst Forecast & Price Prediction
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