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Should Value Investors Buy PCB Bancorp (PCB) Stock?
ZACKS· 2024-10-30 14:46
Core Viewpoint - PCB Bancorp is identified as a potentially undervalued stock with strong value metrics and a favorable earnings outlook, making it an attractive option for value investors [4][8]. Valuation Metrics - PCB Bancorp has a P/E ratio of 10.83, significantly lower than the industry average of 14.39, indicating potential undervaluation [4]. - The P/B ratio for PCB is 0.95, compared to the industry's average P/B of 2.03, suggesting that PCB's market value is low relative to its book value [5]. - PCB's P/S ratio stands at 1.45, while the industry average is 2, reinforcing the notion of PCB being undervalued based on revenue [6]. - The P/CF ratio for PCB is 9.43, which is much lower than the industry's average of 18.60, indicating a strong cash flow outlook relative to its market value [7]. Investment Potential - The combination of PCB's strong value grades, low valuation ratios, and positive earnings outlook positions it as a compelling investment opportunity for value-focused investors [3][8].
PCB Bancorp (PCB) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-10-25 00:00
For the quarter ended September 2024, PCB Bancorp (PCB) reported revenue of $25.34 million, up 1.6% over the same period last year. EPS came in at $0.52, compared to $0.49 in the year-ago quarter.The reported revenue represents a surprise of -0.63% over the Zacks Consensus Estimate of $25.5 million. With the consensus EPS estimate being $0.45, the EPS surprise was +15.56%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...
PCB Bancorp (PCB) Beats Q3 Earnings Estimates
ZACKS· 2024-10-24 22:50
PCB Bancorp (PCB) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.56%. A quarter ago, it was expected that this company would post earnings of $0.39 per share when it actually produced earnings of $0.43, delivering a surprise of 10.26%.Over the last four quarters, the company has s ...
PCB Bancorp(PCB) - 2024 Q3 - Quarterly Results
2024-10-24 20:40
Exhibit 99.1 PCB Bancorp Reports Earnings for Q3 2024 Los Angeles, California - October 24, 2024 - PCB Bancorp (the "Company") (NASDAQ: PCB), the holding company of PCB Bank (the "Bank"), today reported net income available to common shareholders of $7.5 million, or $0.52 per diluted common share, for the third quarter of 2024, compared with $6.1 million, or $0.43 per diluted common share, for the previous quarter and $7.0 million, or $0.49 per diluted common share, for the year-ago quarter. Q3 2024 Highlig ...
Are Investors Undervaluing PCB Bancorp (PCB) Right Now?
ZACKS· 2024-09-30 14:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation met ...
Is PCB Bancorp (PCB) Stock Undervalued Right Now?
ZACKS· 2024-09-13 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Valu ...
PCB Bancorp (PCB) Moves to Strong Buy: Rationale Behind the Upgrade
ZACKS· 2024-09-04 17:01
PCB Bancorp (PCB) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power of a ...
Is PCB Bancorp (PCB) a Great Value Stock Right Now?
ZACKS· 2024-08-28 14:41
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on k ...
PCB Bancorp (PCB) Beats Q2 Earnings Estimates
ZACKS· 2024-07-25 23:05
Company Overview - Finance of America Companies Inc. is expected to report revenues of $66 million, reflecting a 159% increase from the same quarter last year [1] - PCB Bancorp reported revenues of $24.22 million for the quarter ended June 2024, which was a 3.51% miss compared to the Zacks Consensus Estimate and a slight decrease from $24.37 million year-over-year [3] - PCB Bancorp's quarterly earnings were $0.43 per share, surpassing the Zacks Consensus Estimate of $0.39 per share, but down from $0.52 per share a year ago [8] Earnings Performance - Finance of America Companies Inc. is anticipated to release its quarterly results on August 6, 2024 [7] - PCB Bancorp has only surpassed consensus EPS estimates once in the last four quarters [9] - The current consensus EPS estimate for PCB Bancorp is $0.44 on revenues of $25.9 million for the upcoming quarter and $1.58 on revenues of $100.9 million for the current fiscal year [6] Market Performance - PCB Bancorp shares have increased by approximately 0.1% since the beginning of the year, while the S&P 500 has gained 13.8% [4] - The estimate revisions trend for PCB Bancorp is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell) for the stock, indicating expected underperformance in the near future [12] Industry Context - The Zacks Industry Rank for Banks - Southwest places it in the top 42% of over 250 Zacks industries, suggesting that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [13]
PCB Bancorp(PCB) - 2024 Q2 - Quarterly Results
2024-07-25 20:20
Exhibit 99.1 PCB Bancorp Reports Earnings of $6.3 million for Q2 2024 Los Angeles, California - July 25, 2024 - PCB Bancorp (the "Company") (NASDAQ: PCB), the holding company of PCB Bank (the "Bank"), today reported net income of $6.3 million, or $0.43 per diluted common share, for the second quarter of 2024, compared with $4.7 million, or $0.33 per diluted common share, for the previous quarter and $7.5 million, or $0.52 per diluted common share, for the year-ago quarter. Q2 2024 Highlights • Net income to ...