Plumas Bancorp (PLBC) Moves 5.5% Higher: Will This Strength Last?

Company Overview - Plumas Bancorp (PLBC) shares increased by 5.5% to close at $46.92, supported by higher trading volume compared to normal sessions [1] - The stock has gained 3.7% over the past four weeks [1] Merger Impact - The stock's rally is attributed to the completion of its merger with Cornerstone Community Bancorp, which has made investors optimistic [2] - The merger combines Plumas Bank's advanced technology with Cornerstone's local expertise, resulting in a company with nearly $2.3 billion in total assets and 19 banking branches across 11 counties in Northern California and Nevada [2] Earnings Expectations - Plumas Bancorp is projected to report quarterly earnings of $1.20 per share, reflecting a year-over-year increase of 5.3% [3] - Expected revenues for the upcoming quarter are $20.95 million, up 1.7% from the previous year [3] Earnings Estimate Trends - The consensus EPS estimate for Plumas Bancorp has remained stable over the last 30 days, indicating no recent revisions [4] - The stock's price typically does not continue to rise without trends in earnings estimate revisions, suggesting the need for monitoring future performance [4] Industry Context - Plumas Bancorp is categorized under the Zacks Banks - West industry, where CVB Financial (CVBF) also operates [4] - CVB Financial's stock closed 3.6% higher at $20.51, with a 7.6% return over the past month [4]