Company Overview
Plumas Bancorp functions as the bank holding company for Plumas Bank, an institution dedicated to providing a comprehensive array of banking products and services tailored specifically for small and middle market businesses as well as individual consumers. The company operates within the Financial Services sector, specifically classified under the Banks - Regional industry, which characterizes its business model as focused on localized lending, deposit gathering, and community-focused financial solutions rather than broad national or international commercial banking. In terms of scale, the company holds a market capitalization of $335.69M and reports annual revenue of $91.45M, supported by an organizational structure employing 234 staff members. These valuation and revenue figures indicate that Plumas Bancorp maintains a mid-sized regional footprint, positioning it as a specialized entity within the broader financial services landscape where asset management and loan portfolios are likely concentrated in specific geographic markets to serve niche customer segments.
Financial Health
The company reported a trailing twelve-month revenue of $91.45M with a corresponding net income of $29.62M, while EBITDA data is not available for this specific reporting period. The significant gap between the total revenue figure and the net income figure reveals a cost structure typical of banking operations, where high operating expenses, including salaries, regulatory compliance costs, and technology infrastructure, consume the majority of gross revenue before arriving at the bottom line. Free cash flow figures are not disclosed in the available financial data, meaning external analysis must rely on net income and cash holdings to assess immediate liquidity and capital allocation capabilities. Profitability is demonstrated through a gross margin of 0.0%, which is standard for financial institutions as their primary revenue comes from interest rate spreads rather than the sale of physical goods, an operating margin of 37.9% which indicates efficient management of internal expenses relative to revenue, and a profit margin of 32.4% which reflects the final ability to generate earnings after all costs are deducted. The company holds $80.62M in cash against $147.90M in total debt, indicating a net debt position where liabilities exceed liquid cash reserves, though the specific debt-to-equity ratio is not provided in the current dataset. The current ratio is not disclosed, so direct assessment of short-term liquidity via this specific metric is limited to the available cash on hand. Return on Equity stands at 13.5% and Return on Assets is 1.5%, metrics that collectively reveal how effectively management utilizes shareholder capital and total assets to generate profit, with the ROA reflecting the inherent lower yield typical of regional banking asset classes compared to high-growth technology sectors.
Valuation Assessment
Plumas Bancorp trades with a trailing P/E ratio of 10.59 and a forward P/E of 8.45, suggesting that the market expects earnings to expand in the future, as the forward multiple is significantly lower than the trailing multiple. The price-to-book ratio is 1.28, indicating that the stock trades at a slight premium over its book value, which is consistent with regional banks that possess strong brand equity and stable franchise values. Alternative valuation metrics include a price-to-sales ratio of 3.67 and an EV/EBITDA that is not available, meaning investors must rely on price-to-sales and price-to-book to gauge relative value against peers. The 52-week high is $54.58 and the 52-week low is $38.71, providing a trading range context that helps investors understand the stock's recent volatility and potential support or resistance levels based on historical price action. The beta value is 0.58, which signifies that the stock is less volatile than the broader market, offering a degree of stability that may appeal to conservative portfolios seeking lower correlation with overall market swings.
Growth & Income
Revenue growth year-over-year is 7.4% while earnings growth year-over-year is 19.2%, indicating that earnings are growing at a substantially faster pace than revenue, which implies improved efficiency, better loan pricing, or cost control measures that are amplifying profitability. The company offers a dividend yield of 2.7% with a payout ratio of 26.4%, suggesting that the dividend is highly sustainable as the payout covers only a fraction of the generated earnings, leaving ample room for retention and reinvestment. Given the substantial earnings growth rate relative to revenue, the company appears capable of maintaining or potentially increasing this dividend while continuing to strengthen its capital base. The overall growth and income profile presents a combination of moderate revenue expansion, aggressive earnings acceleration, and a conservative yet rewarding dividend yield that supports long-term income strategies without compromising capital growth potential.