Plumas Bancorp's Q2 EPS beats on loan growth and Cornerstone acquisition

Plumas Bancorp

15/07/2026 14:09

Overview
U.S. community bank's Q2 EPS beat analyst expectations on record earnings
Net interest income rose, driven by loan growth and Cornerstone acquisition
Loans and deposits surged, reflecting impact of Cornerstone acquisition

Outlook
Company did not provide specific guidance for future quarters or full-year results in press release

Result Drivers
CORNERSTONE ACQUISITION - Q2 results reflect significant increases in loans and deposits, net interest income, and non-interest income, primarily due to the Cornerstone Community Bank acquisition
HIGHER LOAN YIELDS - Average loan yields increased, aided by discount amortization on acquired loans and repricing of commercial real estate loans

Company press release: ID:nGNX5LGFQR

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
Beat
$1.41
$1.35 (3 Analysts)

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 $60.00, about 2.9% above its July 14 closing price of $58.32
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

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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.)