Plumas Bancorp rises on higher Q1 profit

Plumas Bancorp

19/04/2023 17:23

** Shares of Plumas Bancorp  PLBC.O  rise as much as 7% to
more than month high of $39.11
    ** Co reports Q1 EPS of $1.28 vs. $0.97 yr ago
    ** Says jump in profit backed by increase in NII of 43% and
rise in loans
    ** PLBC's capital position is strong and continues to grow
in light of recent stresses in financial sector - CEO Andrew
Ryback 
    ** Shares last up 3.8% at $37.92
    ** Stock has risen 5.6% in 2023

 (Reporting by Anne Florentyna Gnanaraja Sekar in Bengaluru)
 ((AnneFlorentyna.GnanarajaSekar@thomsonreuters.com;))