RENO, Nev., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq:PLBC), the parent company of Plumas Bank, today announced earnings during the fourth quarter of 2024 of $7.7 million or $1.31 per share, an increase of $228 thousand from $7.5 million or $1.28 per share during the fourth quarter of 2023. Diluted earnings per share increased to $1.29 per share during the three months ended December 31, 2024 up from $1.27 per share during the quarter ended December 31, 2023. An increase of $1.3 million in ne ...

Core Points - Terrance J. Reeson retired from the Board of Directors of Plumas Bancorp and Plumas Bank after 40 years of service, effective December 31, 2024 [1] - Reeson was appointed to the Plumas Bank Board in 1984 and served as board secretary for over 30 years, participating in various board committees including Audit & Risk, Executive, and Governance & Compensation [2] - Chairman Daniel E. West acknowledged Reeson's significant contributions over the past four decades, emphasizing his impact on the organization [3] - Reeson expressed confidence in the current Board of Directors' ability to continue advancing Plumas Bancorp's strategic initiatives and enhancing community quality of life while driving shareholder value [3] Company Overview - Plumas Bancorp is a bank holding company headquartered in Reno, Nevada, and is the parent company of Plumas Bank [3] - Plumas Bank, founded in 1980 and headquartered in Quincy, California, is a locally managed community bank with 15 branch offices in Northeastern California and Northern Nevada, as well as loan production offices in California and southern Oregon [3] - The bank has an asset size exceeding $1.6 billion and is recognized as one of the top-performing community banks in the country [3]

Company: Plumas Bancorp - The consensus EPS estimate for Plumas Bancorp has remained unchanged over the last 30 days, indicating stability in earnings expectations [1] - Shares of Plumas Bancorp rallied 5.4% in the last trading session, closing at $48.65, with notable trading volume compared to typical sessions [5] - The stock has experienced a 1.6% loss over the past four weeks, suggesting recent volatility [5] - The company is expected to post quarterly earnings of $1.15 per share, reflecting a year-over-year change of -9.5%, while revenues are projected to be $20.5 million, up 2.5% from the previous year [6] Industry: Banking - Bank stocks are currently in focus as interest rates are expected to gradually decrease, which may support economic growth and lending scenarios [3] - Plumas Bancorp is part of the Zacks Banks - West industry, which includes First Hawaiian, another stock that closed 1.1% higher at $25.48, but has returned -7.7% in the past month [7] - Empirical research indicates a strong correlation between trends in earnings estimate revisions and near-term stock price movements, highlighting the importance of monitoring these trends [4]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED September 30, 2024 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM __________ TO ___________ COMMISSION FILE NUMBER: 000-49883 PLUMAS BANCORP (Exact Name of Registrant as Specified in Its Charter) California 75-2987096 (State or Other ...

Plumas Bancorp (PLBC) came out with quarterly earnings of $1.31 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 14.91%. A quarter ago, it was expected that this company would post earnings of $1.09 per share when it actually produced earnings of $1.14, delivering a surprise of 4.59%. Over the last four quarters, the company ...

Exhibit 99.1 PLUMAS BANCORP REPORTS THIRD QUARTER 2024 EARNINGS Reno, Nevada, October 16, 2024 – Plumas Bancorp (Nasdaq:PLBC), the parent company of Plumas Bank, today announced earnings during the third quarter of 2024 of $7.8 million or $1.33 per share, a decrease of $140 thousand from $8.0 million or $1.36 per share during the third quarter of 2023. Diluted earnings per share decreased to $1.31 per share during the three months ended September 30, 2024 down from $1.34 per share during the quarter ended S ...

RENO, Nev., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Plumas Bank, a wholly-owned subsidiary of Plumas Bancorp, has recently been honored with multiple prestigious awards acknowledging its exceptional performance in serving clients, investors, and communities in northeastern California and northern Nevada. "For 44 years, we have partnered with businesses in our regions, helping them grow while providing stable returns to our investors, even through cycles of the national economy," said Andrew Ryback, President and ...

Reno, Nev., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Plumas Bank, a wholly-owned subsidiary of Plumas Bancorp, is pleased to publish its 2024 Corporate Citizenship Report, providing investors, employees and partners an update about its efforts to instill best industry practices and forward-thinking investments in every aspect of the bank's operations. "Corporate citizenship is deeply embedded in our organization, and as we continue to grow, our actions will consistently align with our promise to help our clients ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find 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 use fundamental analysis and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED June 30, 2024 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM __________ TO ___________ COMMISSION FILE NUMBER: 000-49883 PLUMAS BANCORP (Exact Name of Registrant as Specified in Its Charter) California 75-2987096 (State or Other Juris ...