Plumas Bancorp beats Q3 EPS estimates despite income drop

Plumas Bancorp

15/10/2025 14:13

Overview

Plumas Bancorp beats analysts' expectations for Q3 EPS despite decline in net income

Company's Q3 results were influenced by Cornerstone acquisition, which increased assets and deposits

Net interest income rose by $6.3 mln in Q3 2025

Outlook

Company expects cost of funds to decrease slightly following recent changes and Fed rate reduction

Plumas Bancorp projects amortization/accretion of Fair Value marks to affect pretax income by $340k in Q4

Result Drivers

ACQUISITION IMPACT - Cornerstone acquisition increased assets and deposits, contributing to higher net interest income and non-recurring expenses

NET INTEREST INCOME - Increased by $6.3 mln due to higher interest income from loans and securities, offset by higher interest expenses

NON-RECURRING EXPENSES - Incurred $6.2 mln in non-recurring expenses related to the Cornerstone acquisition

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
Beat
$0.73
$0.54 (3 Analysts)
Q3 Net Interest Income
$25.20 mln


Press Release: ID:nGNX79zwC0

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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.)