PCB Bancorp (PCB) Stock Price, News & Analysis

Company Overview

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. It also provides real estate loans, including commercial and residential, Small Business Administration (SBA) property, and construction loans; commercial and industrial loans, such as commercial term and lines of credit, SBA commercial term, and SBA Paycheck Protection Program loans; and consumer loans comprising residential mortgage; and automobile loans, unsecured lines of credit, and term loans. In addition, the company offers access to account balances, online transfers, and online bill payment and electronic delivery of customer statements; and mobile banking solutions that include remote check deposit and mobile bill pay. Further, it provides automated teller machines; and banking by telephone, mail, personal appointment, debit cards, direct deposit, and cashier's checks, as well as treasury management, wire transfer, and automated clearing house services. The company operates through a network of full-service branches in Los Angeles and Orange counties, California; Carrollton and Dallas, Texas; and Englewood Cliffs and Palisade Park, New Jersey, and Bayside, New York. It also operates loan production offices in Los Angeles and Orange Counties, California; Annandale, Virginia; Atlanta, Georgia; Bellevue, Washington; Aurora, Colorado; and Carrollton, Texas. The company was formerly known as Pacific City Financial Corporation and changed its name to PCB Bancorp in July 2019. PCB Bancorp was founded in 2003 and is headquartered in Los Angeles, California.

Key Stats

• Today's Range: $21.27 to $21.53
• 50-Day Range: $17.81 to $21.99
• 52-Week Range: $14.50 to $22.20
• Volume: 11,735 shs
• Average Volume: 24,086 shs
• Market Capitalization: $306.03 million
• P/E Ratio: 12.69
• Dividend Yield: 3.36%
• Price Target: $22.00
• Consensus Rating: Hold

PCB Bancorp Stock Analysis - MarketRank™

PCB Bancorp scored higher than 72% of companies evaluated by MarketBeat, and ranked 166th out of 959 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

PCB Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

PCB Bancorp has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 14.37%

Earnings Growth

Earnings for PCB Bancorp are expected to grow by 14.37% in the coming year, from $1.74 to $1.99 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of PCB Bancorp is 12.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.63.

Price to Earnings Ratio vs. Sector

The P/E ratio of PCB Bancorp is 12.60, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.04.

Price to Book Value per Share Ratio

PCB Bancorp has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.38% of the float of PCB Bancorp has been sold short.

Short Interest Ratio / Days to Cover

PCB Bancorp has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PCB Bancorp has recently decreased by 9.13%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

PCB Bancorp pays a meaningful dividend of 3.33%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

PCB Bancorp does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of PCB Bancorp is 42.60%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, PCB Bancorp will have a dividend payout ratio of 36.18% next year. This indicates that PCB Bancorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.1 / 5
• Environmental Score: -0.60

Percentage of Shares Shorted

0.38% of the float of PCB Bancorp has been sold short.

Short Interest Ratio / Days to Cover

PCB Bancorp has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PCB Bancorp has recently decreased by 9.13%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, PCB Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $660,622.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

25.01% of the stock of PCB Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 33.04% of the stock of PCB Bancorp is held by institutions.

PCB Stock Analysis - Frequently Asked Questions

How have PCB shares performed this year?

PCB Bancorp's stock was trading at $18.43 at the beginning of the year. Since then, PCB stock has increased by 15.5% and is now trading at $21.29.
View the best growth stocks for 2024 here.

How were PCB Bancorp's earnings last quarter?

PCB Bancorp (NASDAQ:PCB) announced its earnings results on Thursday, October, 24th. The company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.45 by $0.07. The firm earned $48.62 million during the quarter, compared to the consensus estimate of $25.50 million. PCB Bancorp had a trailing twelve-month return on equity of 8.68% and a net margin of 13.27%.

When did PCB Bancorp IPO?

PCB Bancorp (PCB) raised $50 million in an initial public offering on Friday, August 10th 2018. The company issued 2,400,000 shares at a price of $20.00-$22.00 per share. Keefe, Bruyette & Woods (A Stifel Company) and RAYMOND JAMES, Sandler O’Neill + Partners acted as the underwriters for the IPO.

Who are PCB Bancorp's major shareholders?

PCB Bancorp's top institutional shareholders include Geode Capital Management LLC (1.79%), State Street Corp (1.21%), Hotchkis & Wiley Capital Management LLC (0.92%) and Empowered Funds LLC (0.37%). Insiders that own company stock include Sang Young Lee, Don Rhee, Daniel Cho, Sarah Jun, Mimi Lee, Haeyoung Cho, Henry Kim, Janice Chung, David W Kim and Justin Chon.
View institutional ownership trends.

How do I buy shares of PCB Bancorp?

Shares of PCB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of PCB Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PCB Bancorp investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Broadcom (AVGO), Palo Alto Networks (PANW) and Tesla (TSLA).

Company Calendar

• Last Earnings: 10/24/2024
• Ex-Dividend for 11/15 Dividend: 11/08/2024
• Dividend Payable: 11/15/2024
• Today: 12/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:PCB
• CUSIP: N/A
• CIK: 1423869
• Web: www.paccity.net
• Phone: (213) 210-2000
• Fax: 213-210-2032
• Employees: 250
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $22.00
• High Stock Price Target: $23.00
• Low Stock Price Target: $21.00
• Potential Upside/Downside: +2.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.69
• Trailing P/E Ratio: 12.67
• Forward P/E Ratio: 12.31
• P/E Growth: N/A
• Net Income: $30.70 million
• Net Margins: 13.27%
• Pretax Margin: 18.41%
• Return on Equity: 8.68%
• Return on Assets: 0.87%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.06
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $97.93 million
• Price / Sales: 3.12
• Cash Flow: $2.43 per share
• Price / Cash Flow: 8.81
• Book Value: $19.62 per share
• Price / Book: 1.09

Miscellaneous

• Outstanding Shares: 14,267,000
• Free Float: 10,699,000
• Market Cap: $305.60 million
• Optionable: Optionable
• Beta: 0.70