Plumas Bancorp Q1 EPS beats estimates, helped by Cornerstone acquisition

Plumas Bancorp

15/04/2026 14:09

Overview

U.S. community bank's Q1 diluted EPS rose, beating analyst expectations

Net interest income grew, driven by Cornerstone Community Bank acquisition

Company repurchased 41 thousand shares under $25 mln buyback program

Outlook

Company maintains focus on capital strength and long-term shareholder value creation

Result Drivers

CORNERSTONE ACQUISITION - Co said growth in loans, deposits, and net interest income was primarily driven by the acquisition of Cornerstone Community Bank

CREDIT LOSS RECOVERY - Q1 included a $330 thousand recovery of provision for credit losses, compared to a $250 thousand provision in the prior year

NON-INTEREST INCOME MIX - Non-interest income declined due to a prior-year legal settlement; excluding this, non-interest income increased, supported by higher FHLB dividends and other sources

Company press release: ID:nGNXbpSNrq

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
Beat
$1.38
$1.26 (3 Analysts)
Q1 Net Interest Margin
5.03%


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 $57.00, about 11.5% above its April 14 closing price of $51.10

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)