Plumas Bancorp (NASDAQ:PLBC) Posts Earnings Results

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.

Earnings History for Plumas Bancorp (NASDAQ:PLBC)

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