Alert: New Earnings Report (10/24/24)-PCB Bancorp (NASDAQ: PCB).

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For its third fiscal quarter (ending September 30), PCB Bancorp (NASDAQ: PCB) has reported a 6% increase in E.P.S. from $0.49 a year ago to $0.52 in the current quarter. For the latest four quarters through September 30, E.P.S. were $1.69 compared to $2.32 a year ago — a decline of -27%.

Recent Price Action

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PCB Bancorp (NASDAQ: PCB) stock declined slightly by -0.8% on 10/24/24. The stock closed at $18.08. However, unusually low trading volume at 61% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -3.3% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, PCB is expected to be Value Creation neutral.

PCB Bancorp has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. PCB Bancorp has a good Appreciation Score of 71 and a good Power Rating of 75, and the Highest Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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