Plumas Bancorp (NASDAQ:PLBC) posted its quarterly earnings data on Tuesday, October 17th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The company had revenue of $9.33 million for the quarter. Plumas Bancorp had a net margin of 25.10% and a return on equity of 18.15%.
Shares of Plumas Bancorp (NASDAQ:PLBC) traded up 0.67% during trading on Friday, reaching $21.45. 1,568 shares of the company’s stock traded hands. The company has a 50 day moving average price of $20.91 and a 200-day moving average price of $19.92. Plumas Bancorp has a one year low of $11.70 and a one year high of $22.37. The stock has a market cap of $109.37 million, a P/E ratio of 12.13 and a beta of 0.48.
The firm also recently disclosed a semiannual dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st will be issued a $0.14 dividend. This represents a dividend yield of 1.32%. The ex-dividend date of this dividend is Tuesday, October 31st. Plumas Bancorp’s payout ratio is 15.82%.
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In other news, Director Robert J. Mcclintock bought 5,000 shares of Plumas Bancorp stock in a transaction on Thursday, August 17th. The shares were bought at an average price of $20.30 per share, with a total value of $101,500.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Richard Francis Kenny bought 1,260 shares of Plumas Bancorp stock in a transaction on Tuesday, August 29th. The shares were purchased at an average cost of $19.88 per share, for a total transaction of $25,048.80. The disclosure for this purchase can be found here. Corporate insiders own 11.50% of the company’s stock.
A hedge fund recently bought a new stake in Plumas Bancorp stock. Vanguard Group Inc. bought a new stake in Plumas Bancorp (NASDAQ:PLBC) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm 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 at the end of the most recent reporting period. 14.54% 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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