A Director at Plumas Bancorp is Exercising Options

By Carrie Williams

Today, a Director at Plumas Bancorp, John Flournoy, exercised options of Plumas Bancorp for $5,056.

Following John Flournoy’s last PLBC Buy transaction on April 18, 2018, the stock climbed by 2.7%. This recent transaction increases John Flournoy’s holding in the company by 1.4% to a total of $1.61 million.

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Based on Plumas Bancorp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $10.35 million and quarterly net profit of $3.28 million. In comparison, last year the company earned revenue of $8.81 million and had a net profit of $2.06 million. The company has a one-year high of $28.20 and a one-year low of $17.98. PLBC’s market cap is $140.3M and the company has a P/E ratio of 15.44.

The insider sentiment on Plumas Bancorp has been positive according to 17 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Plumas Bancorp is a holding company that provides various banking services through its subsidiary, Plumas Bank. Its services include personal banking, business banking, and investment services. Its retail lending services include consumer and home equity loans and commercial lending services include term real estate, land development and construction loans.