Plumas Bancorp (NASDAQ:PLBC) posted its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Plumas Bancorp had a net margin of 24.57% and a return on equity of 17.36%. The company had revenue of $9.26 million during the quarter.
Plumas Bancorp (NASDAQ:PLBC) traded down 2.00% during mid-day trading on Friday, hitting $19.65. 14,449 shares of the stock were exchanged. Plumas Bancorp has a 52 week low of $9.60 and a 52 week high of $22.00. The company has a 50-day moving average of $20.58 and a 200-day moving average of $18.91. The stock has a market capitalization of $99.08 million, a PE ratio of 11.63 and a beta of 0.43.
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A hedge fund recently bought a new stake in Plumas Bancorp stock. Vanguard Group Inc. bought a new stake in shares of Plumas Bancorp (NASDAQ:PLBC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 65,103 shares of the financial services provider’s stock, valued at approximately $1,387,000. Vanguard Group Inc. owned 1.29% of Plumas Bancorp as of its most recent SEC filing. 12.79% of the stock is owned by institutional investors.
About Plumas Bancorp
Plumas Bancorp is a bank holding company. The Company’s primary subsidiary is Plumas Bank. The Bank is a California state-chartered bank. The Federal Deposit Insurance Corporation (the FDIC) up to maximum insurable amounts insures the Bank’s deposit accounts. The Bank operates through its approximately 10 branch networks.
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