Plumas Bancorp announces a $25 million stock repurchase program to enhance shareholder value through Q4 2026.
Quiver AI Summary
Plumas Bancorp, the parent company of Plumas Bank, has announced a stock repurchase program authorized by its Board of Directors, allowing for the buyback of up to $25 million of its common stock through the end of 2026. The repurchases may be conducted through various means such as market purchases and private transactions, depending on market conditions and other factors. CEO Andrew J. Ryback emphasized that this program signifies the company's strong capital position and commitment to managing capital discipline while focusing on long-term shareholder value. The buybacks will be funded by available cash and retained earnings, with the flexibility for the company to modify or suspend the program at its discretion.
Potential Positives
- Plumas Bancorp announced a significant stock repurchase program authorized by the Board of Directors, enabling the company to repurchase up to $25 million of its outstanding common stock, reflecting strong capital management.
- The program demonstrates the company's confidence in its long-term outlook and commitment to delivering shareholder value.
- Funding for the repurchases will come from available cash and retained earnings, indicating a solid financial position.
Potential Negatives
- The stock repurchase program could indicate a lack of profitable investment opportunities for the company, suggesting it may not have better uses for its capital.
- The potential to suspend, modify, or discontinue the repurchase program at any time may create uncertainty about the company's commitment to this strategy, which could concern investors.
- The forward-looking statements in the release highlight significant risks and uncertainties, implying that future performance may not meet market expectations.
FAQ
What is the purpose of Plumas Bancorp's stock repurchase program?
The stock repurchase program aims to manage capital effectively and reflect confidence in the Company's long-term outlook.
How much stock is Plumas Bancorp authorized to repurchase?
Plumas Bancorp is authorized to repurchase up to $25 million of its outstanding common stock.
What factors will influence the timing and amount of stock repurchases?
The timing and amount of repurchases will depend on market conditions, capital availability, and other corporate considerations.
How will the repurchases be funded?
The repurchases will be funded using available cash and retained earnings of the Company.
Can the stock repurchase program be altered or discontinued?
Yes, the program may be suspended, modified, or discontinued at the Company's discretion at any time.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PLBC Insider Trading Activity
$PLBC insiders have traded $PLBC stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $PLBC stock by insiders over the last 6 months:
- AARON M. BOIGON (EVP, Chief Information Officer) sold 1,500 shares for an estimated $61,635
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$PLBC Revenue
$PLBC had revenues of $28.6M in Q4 2025. This is an increase of 35.03% from the same period in the prior year.
You can track PLBC financials on Quiver Quantitative's PLBC stock page.
$PLBC Hedge Fund Activity
We have seen 44 institutional investors add shares of $PLBC stock to their portfolio, and 27 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIENA CAPITAL PARTNERS GP, LLC added 66,950 shares (+30.5%) to their portfolio in Q3 2025, for an estimated $2,888,223
- DE LISLE PARTNERS LLP added 33,537 shares (+20.1%) to their portfolio in Q3 2025, for an estimated $1,446,786
- VANGUARD GROUP INC added 31,907 shares (+10.4%) to their portfolio in Q4 2025, for an estimated $1,425,923
- BLACKROCK, INC. removed 23,553 shares (-6.1%) from their portfolio in Q3 2025, for an estimated $1,016,076
- PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. added 18,595 shares (+42.3%) to their portfolio in Q3 2025, for an estimated $802,188
- MANUFACTURERS LIFE INSURANCE COMPANY, THE added 18,145 shares (+10.1%) to their portfolio in Q3 2025, for an estimated $782,775
- FOURTHSTONE LLC added 16,695 shares (+58.1%) to their portfolio in Q3 2025, for an estimated $720,222
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
RENO, Nev., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq:PLBC) (the “Company”), the parent company of Plumas Bank, today announced that its Board of Directors has authorized a stock repurchase program under which the Company may repurchase up to $25 million of its outstanding common stock through the fourth quarter of 2026.
Repurchases may be executed through open market purchases, privately negotiated transactions, block trades, or other means in accordance with applicable securities laws. The actual timing, number, and value of shares repurchased will depend on a variety of factors, including market conditions, capital availability, and other corporate considerations.
“This repurchase program reflects our strong capital position, commitment to disciplined capital management and our confidence in the long-term outlook for the Company,” said Andrew J. Ryback, President and Chief Executive Officer of Plumas Bancorp. “We remain focused on supporting our clients, maintaining regulatory capital requirements, and delivering long term shareholder value.”
The Company intends to fund the repurchases using available cash and retained earnings. There is no guarantee as to pricing or the number of shares the Company may repurchase. The program may be suspended, modified, or discontinued at any time at the Company’s discretion.
About Plumas Bancorp
Plumas Bancorp is headquartered in Reno, Nevada. Plumas Bancorp’s principal subsidiary is Plumas Bank, which was founded in 1980. Plumas Bank is a full-service community bank headquartered in Quincy, California. The bank operates nineteen branches: seventeen located in the California counties of Butte, Lassen, Modoc, Nevada, Placer, Plumas, Shasta, Sutter, and Tehama and two branches located in Nevada in the counties of Carson City and Washoe. The bank also operates two loan production offices located in Auburn, California and Klamath Falls, Oregon. Plumas Bank offers a wide range of financial and investment services to consumers and businesses and has received nationwide Preferred Lender status with the United States Small Business Administration. For more information on Plumas Bancorp and Plumas Bank, please visit our website at www.plumasbank.com .
Cautionary Note Regarding Forward-Looking Statements
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended and Plumas Bancorp intends for such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely.
Forward-looking statements include information concerning the timing, manner, amount, and overall impact of any future purchases under the repurchase program and other statements other than statements of historical facts. Forward-looking statements often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Forward-looking statements involve significant risks and uncertainties, and actual results may differ materially from those presented, either expressed or implied, in this news release. Factors that might cause such differences include, but are not limited to: the Company's ability to successfully execute its business plans and achieve its objectives; changes in general economic and financial market conditions, either nationally or locally in areas in which the Company conducts its operations; changes in interest rates; changes in management’s assessment of the Company’s capital needs; new litigation or changes in existing litigation; increased competitive challenges and expanding product and pricing pressures among financial institutions; legislation or regulatory changes which adversely affect the Company's operations or business; loss of key personnel; and changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies. For a discussion of these risks and other factors, please see the sections titled “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and any subsequent quarterly reports on Form 10-Q, and in other documents the Company files with the Securities and Exchange Commission from time to time.
Contact: Jamie Huynh
Investor Relations
Plumas Bancorp
5525 Kietzke Lane Ste. 100
Reno, NV 89511
775.786.0907 x8908
[email protected]
