PCB Bancorp (NASDAQ:PCB – Get Free Report) will be releasing its earnings data on Friday, April 19th.
PCB Bancorp (NASDAQ:PCB – Get Free Report) last posted its quarterly earnings results on Thursday, January 25th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.07). The business had revenue of $24.43 million during the quarter, compared to analysts’ expectations of $24.95 million. PCB Bancorp had a return on equity of 11.25% and a net margin of 18.97%. On average, analysts expect PCB Bancorp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
PCB Bancorp Stock Performance
NASDAQ:PCB opened at $15.22 on Thursday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.14. The company’s 50-day moving average price is $15.84 and its 200-day moving average price is $16.33. PCB Bancorp has a twelve month low of $12.86 and a twelve month high of $19.03. The company has a market cap of $217.10 million, a P/E ratio of 7.18 and a beta of 0.63.
PCB Bancorp Announces Dividend
Insiders Place Their Bets
In other news, Director Sang Young Lee bought 7,215 shares of PCB Bancorp stock in a transaction on Friday, March 1st. The shares were bought at an average cost of $15.91 per share, with a total value of $114,790.65. Following the completion of the purchase, the director now directly owns 1,465,199 shares of the company’s stock, valued at $23,311,316.09. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have bought 15,509 shares of company stock valued at $247,400 over the last ninety days. Company insiders own 25.73% of the company’s stock.
Institutional Investors Weigh In On PCB Bancorp
A number of institutional investors have recently made changes to their positions in PCB. Tower Research Capital LLC TRC increased its position in shares of PCB Bancorp by 82.6% during the third quarter. Tower Research Capital LLC TRC now owns 1,651 shares of the company’s stock valued at $26,000 after acquiring an additional 747 shares during the last quarter. Citigroup Inc. acquired a new stake in shares of PCB Bancorp during the second quarter valued at about $48,000. Barclays PLC increased its position in shares of PCB Bancorp by 471.5% during the fourth quarter. Barclays PLC now owns 3,092 shares of the company’s stock valued at $54,000 after acquiring an additional 2,551 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of PCB Bancorp by 105.2% in the second quarter. Wells Fargo & Company MN now owns 4,163 shares of the company’s stock valued at $61,000 after purchasing an additional 2,134 shares in the last quarter. Finally, American International Group Inc. acquired a new position in shares of PCB Bancorp in the second quarter valued at approximately $102,000. 33.04% of the stock is currently owned by institutional investors and hedge funds.
PCB Bancorp Company Profile
PCB Bancorp operates as the bank holding company for PCB Bank that provides various banking products and services to small to medium-sized businesses, individuals, and professionals in Southern California. The company offers demand, savings, money market, and time deposits, as well as certificates of deposit; and trade finance, remote deposit capture, courier deposit services, positive pay services, zero balance accounts, and sweep accounts.
Read More
- Five stocks we like better than PCB Bancorp
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- United Airlines Soars on Earnings Beat
- Stock Splits, Do They Really Impact Investors?
- J.B. Hunt Hits the Skids: Lower Prices to Come
- 3 Warren Buffett Stocks to Buy Now
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
Receive News & Ratings for PCB Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PCB Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.