Plumas Bancorp (NASDAQ:PLBC) issued its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.47 EPS for the quarter, Bloomberg Earnings reports. The company had revenue of $9.33 million during 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 0.959% during midday trading on Friday, reaching $21.512. 2,068 shares of the company were exchanged. The company has a market capitalization of $109.69 million, a PE ratio of 12.161 and a beta of 0.48. The stock’s 50-day moving average price is $20.91 and its 200-day moving average price is $19.92. Plumas Bancorp has a 52-week low of $11.70 and a 52-week high of $22.37.
The business also recently declared a semiannual dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st will be given a $0.14 dividend. The ex-dividend date is Tuesday, October 31st. This represents a yield of 1.32%. Plumas Bancorp’s dividend payout ratio (DPR) is presently 15.82%.
In other Plumas Bancorp news, Director Richard Francis Kenny bought 1,260 shares of the business’s stock in a transaction on Tuesday, August 29th. The shares were bought at an average cost of $19.88 per share, for a total transaction of $25,048.80. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Robert J. Mcclintock purchased 5,000 shares of the stock in a transaction dated Thursday, August 17th. The stock was bought at an average cost of $20.30 per share, with a total value of $101,500.00. The disclosure for this purchase can be found here. 11.50% of the stock is owned by corporate insiders.
An institutional investor recently bought a new position in Plumas Bancorp stock. Vanguard Group Inc. purchased a new stake in Plumas Bancorp (NASDAQ:PLBC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 65,103 shares of the financial services provider’s stock, valued at approximately $1,387,000. Vanguard Group Inc. owned about 1.29% of Plumas Bancorp at the end of the most recent reporting period. Hedge funds and other institutional investors own 14.54% of the company’s stock.
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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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