
Plumas Bancorp (PLBC) Stock Forecast & Price Target
Plumas Bancorp (PLBC) Analyst Ratings
Bulls say
Plumas Bancorp reported robust public deposit growth in the fourth quarter of 2024, particularly in money market accounts yielding approximately 4.2%, which are set to reprice monthly. The bank's ongoing expansion of its SBA team aims to enhance production, with fixed-rate SBA loans generating yields in the high-7% to low-8% range, alongside commercial real estate loans yielding in the low-6% range, indicating potential for increased income generation. Additionally, the acquisition of CRSB is anticipated to result in significant cost savings, with about 25% expected to be realized by 2025, combined with the overall strong asset quality contributing to a positive outlook for the bank's financial performance.
Bears say
The financial outlook for Plumas Bancorp reflects concerns surrounding potential economic downturns, which could lead to increased non-performing assets (NPAs) and net charge-offs (NCOs), thereby negatively impacting the company’s net income and profitability margins. Furthermore, the bank's concentrated exposure to commercial real estate (CRE) and agricultural lending raises the risk of significant weaknesses in loan performance due to interest rate fluctuations and commodity price volatility. Additionally, heightened competition in the banking sector may pressure loan yields and increase deposit costs, further complicating the bank's financial stability in a challenging economic environment.
This aggregate rating is based on analysts' research of Plumas Bancorp and is not a guaranteed prediction by Public.com or investment advice.
Plumas Bancorp (PLBC) Analyst Forecast & Price Prediction
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