7/103 sources · 3 publishersUpdated Oct 29, 22:29 UTC
PCB Bancorp posts Q3 earnings beat and announces share repurchase
PCB Bancorp reported third-quarter 2026 results for the period ended September 30, with net income available to common shareholders of $12.1M and diluted EPS of $0.85, up 16.3% year over year. Revenue reached $32.39M, exceeding estimates by $0.46M, while EPS beat expectations by $0.12. The company also announced a 700K-share buyback plan through 2027.
Why it matters
The earnings beat and higher year-over-year revenue provide positive operating data for investors. The announced repurchase plan could reduce the company’s share count if executed, but the materials do not state its expected timing or total value.
Key facts
- 1Net income available to common shareholders was $12.1M, while diluted EPS was $0.85 for the quarter. stocktitan.net
- 2Total deposits rose 5.3% from the prior quarter to $3.08B. stocktitan.net
- 3Revenue was $32.39M, up 6.6% year over year and $0.46M above expectations. seekingalpha.com
- 4Quarterly EPS exceeded expectations by $0.12. seekingalpha.com
- 5PCB Bancorp announced a 700K-share repurchase plan running through 2027. seekingalpha.com
Open questions
- The 700K-share buyback plan and its planned duration are reported only in material 2; the materials do not provide its total authorization value or execution schedule.
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.