Plumas Bancorp's Q3 EPS beats estimates on higher loan yields

Plumas Bancorp

21/10/2026 14:09

Overview
US community bank's Q3 net income and EPS more than doubled yr/yr
Q3 diluted EPS beat analyst expectations
Net interest income rose, driven by higher loan yields and lower credit loss provision

Outlook
Company expects continued loan repricing to help maintain net interest margin
Management believes available sources of funds will provide adequate liquidity in the near future

Result Drivers
LOAN YIELDS AND REPRICING - Co said higher loan yields and continued repricing of commercial real estate loans supported profitability and net interest margin
TAX CREDITS - Co said purchase of green energy tax credits reduced income tax expense, supporting profitability
LOWER CREDIT LOSS PROVISION - Co said reduced provision for credit losses contributed to earnings growth

Company press release: ID:nGNX9VFNLQ

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
Beat
$1.61
$1.46 (3 Analysts)
Q3 Net Interest Margin
 
5.05%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy"
Wall Street's median 12-month price target for Plumas Bancorp is $68.00, about 8.7% above its October 20 closing price of $62.53
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

Reuters Recommended Reads
Oct 19 - Zions Bancorp Q3 EPS rises 20% on improved credit quality
Oct 19 - Western Alliance Bancorp Q3 revenue slightly beats estimates, profit rises on wider interest margin
Oct 19 - Fifth Third Bancorp Q3 net interest income jumps on Comerica acquisition

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)