10-K · March 16, 2026
PCB Bancorp (the Bank) describes a focused community/regional commercial bank strategy: expand lending (particularly SBA and CRE) in its primary markets while maintaining conservative underwriting and credit controls.…
Earnings analysis · 10-Q
PCB earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
PCB Bancorp reported for Q1 2026 a net income available to common shareholders of $10.567 million, reflecting a 37.3% increase from $7.735 million in the same quarter last year. Revenue was reported at $30.184 million,…
Read full summary
PCB Bancorp reported for Q1 2026 a net income available to common shareholders of $10.567 million, reflecting a 37.3% increase from $7.735 million in the same quarter last year. Revenue was reported at $30.184 million, with a slight decrease of 0.2% compared to the prior quarter. Operating income was bolstered by lower credit loss provisions and a notable increase in non-interest income fueled by higher gains from loan sales.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.74
What stood out
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EPS Growth of 39% YoY
Diluted EPS rose to $0.74, compared to $0.53 in Q1 2025, marking a 39% increase.
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Significant Revenue Increase
Total revenue reached $30.184 million, a 13.1% increase from $26.863 million in Q1 2025.
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Lower Credit Loss Provision
Provision for credit losses fell to $467 thousand from $1.598 million year over year.
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Strong Loan Sale Gains
Gains on loan sales increased 58.9% to $1.4 million from $887 thousand a year prior.
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Improved Net Interest Margin
Net interest margin improved to 3.36%, up from 3.28% year over year.
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Higher Operating Cash Flow
Operating cash flow surged to $20.676 million, compared to $2.348 million in Q1 2025.
What to watch
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Increase in Non-Performing Loans
Nonperforming assets increased to $9.276 million, up 17.3% from $7.910 million at year-end 2025.
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High Uninsured Deposits
Estimated total deposits not covered by deposit insurance increased to $1.364 billion from $1.270 billion.
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Rising Interest Rate Risks
Interest rate risk sensitivity reflects a potential decrease in net interest income in a falling rate environment.
Management's outlook
Outlook deferred to earnings press release / call.
Earlier filings 4
10-Q · August 8, 2025
PCB Bancorp reported stronger quarter: total operating revenue (net interest income + noninterest income) rose to $29,287,000 in Q2 2025 and net income increased to $9,071,000, driving diluted EPS of $0.62. Balance…
10-K · March 13, 2025
PCB Bancorp emphasizes a relationship-driven, geographically focused lending strategy centered on a diversified portfolio of CRE, C&I and consumer loans while maintaining conservative underwriting and semi-annual…
10-Q · November 7, 2024
PCB Bancorp reported Q3 (three months ended September 30, 2024) core results with revenue of $25,339,000 and diluted EPS of $0.52, both up versus the prior-year quarter. Loan balances and deposits expanded materially…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.