In a report released yesterday, Kelly Motta from KBW maintained a Hold rating on PCB Bancorp (PCB – Research Report), with a price target of $18.00. The company’s shares closed yesterday at $15.22.
Motta covers the Financial sector, focusing on stocks such as Glacier Bancorp, Washington Federal, and Banc of California. According to TipRanks, Motta has an average return of 6.9% and a 61.29% success rate on recommended stocks.
PCB Bancorp has an analyst consensus of Hold, with a price target consensus of $18.00.
Based on PCB Bancorp’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $24.43 million and a net profit of $5.91 million. In comparison, last year the company earned a revenue of $26.65 million and had a net profit of $8.7 million
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PCB in relation to earlier this year.
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PCB Bancorp (PCB) Company Description:
PCB Bancorp is a bank holding company, which engages in the provision of consumer and commercial banking services. It includes personal and business checking accounts and savings accounts. The company was founded on July 9, 2007 and is headquartered in Los Angeles, CA.
