PCB Bancorp
- Open
- 29.81
- Day high
- 29.81
- Day low
- 29.41
- Prev close
- 29.81
- Volume
- 50K
- Mkt cap
- $421M
- P/E (TTM)
- 10.5
- EPS (TTM)
- $2.82
- P/B
- 1.1
- P/S
- 2.0
- Yield
- 2.84%
- Per share
- $0.84
PCB Bancorp (PCB) is a Financial Services company listed on NASDAQ. The stock is up 36% over the past year.
PCB Bancorp (PCB) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
PCB earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 23, 2026 | $0.67 | $0.74 | +10.4% | $30M | +0.6% |
| Mar 13, 2026 | — | $0.65 | — | $52M | — |
| Oct 23, 2025 | $0.61 | $0.78 | +27.9% | $30M | +2.9% |
| Jul 24, 2025 | $0.60 | $0.62 | +3.3% | $29M | -0.0% |
| May 23, 2025 | — | $0.54 | — | $49M | — |
| Oct 24, 2024 | $0.45 | $0.52 | +15.6% | $25M | -0.7% |
| Jul 25, 2024 | $0.42 | $0.43 | +2.4% | $24M | -3.0% |
| Apr 25, 2024 | $0.45 | $0.33 | -26.7% | $24M | -5.4% |
| Mar 12, 2024 | — | $0.41 | — | $43M | — |
| Oct 25, 2023 | $0.49 | $0.49 | +0.0% | $25M | +1.6% |
| Jul 27, 2023 | $0.51 | $0.52 | +2.0% | $24M | -4.0% |
| Apr 21, 2023 | $0.47 | $0.70 | +48.9% | $25M | +0.1% |
PCB insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Mar 6, 2026 | LEE SANG YOUNGdirector, 10 percent owner: | Buy | 1,090 | $21.75 |
| Mar 6, 2026 | LEE SANG YOUNGdirector, 10 percent owner: | Buy | 7,500 | $22.25 |
| Mar 4, 2026 | LEE SANG YOUNGdirector, 10 percent owner: | Buy | 2,000 | $22.75 |
| Mar 4, 2026 | LEE SANG YOUNGdirector, 10 percent owner: | Buy | 92 | $22.00 |
| Mar 2, 2026 | LEE SANG YOUNGdirector, 10 percent owner: | Buy | 1,000 | $22.40 |
| Mar 2, 2026 | LEE SANG YOUNGdirector, 10 percent owner: | Buy | 27 | $22.35 |
| Feb 24, 2026 | LEE SANG YOUNGdirector, 10 percent owner: | Buy | 3,000 | $22.50 |
| Feb 24, 2026 | LEE SANG YOUNGdirector, 10 percent owner: | Buy | 2,000 | $22.45 |
| Oct 16, 2025 | BANG BRIANofficer: EVP & CHIEF CREDIT OFFICER | Option | 15,126 | $10.33 |
| Oct 16, 2025 | CHANG TIMOTHYofficer: EVP & CHIEF FINANCIAL OFFICER | Option | 4,700 | $10.33 |
| Aug 21, 2025 | LEE SANG YOUNGdirector, 10 percent owner: | Buy | 8,400 | $21.55 |
| Aug 21, 2025 | LEE SANG YOUNGdirector, 10 percent owner: | Buy | 232 | $21.60 |
| Aug 21, 2025 | LEE SANG YOUNGdirector, 10 percent owner: | Buy | 5,000 | $21.55 |
| Aug 1, 2025 | RHEE DONdirector | Buy | 2,000 | $20.17 |
| Aug 1, 2025 | RHEE DONdirector | Buy | 3,000 | $20.33 |
Source: PCB SEC Form 4 filings, latest Mar 6, 2026. For informational purposes only — not investment advice.
See the full PCB insider & 13F page →PCB Bancorp company profile
Overview
PCB Bancorp (NASDAQ:PCB) is a regional bank holding company founded in 2003 and headquartered in Los Angeles, California. The company operates through its subsidiary Pacific City Bank, which provides traditional banking services primarily to small and medium-sized businesses, individuals, and professionals in Southern California. Originally incorporated as Pacific City Financial Corporation, the company changed its name to PCB Bancorp in July 2019 and went public in August 2018. The bank has grown to operate 13 full-service branches across California, New Jersey, and New York, along with 10 loan production offices in major metropolitan areas nationwide.
Business
PCB Bancorp operates in the regional banking industry, which involves accepting deposits from customers and lending those funds to borrowers while earning the difference between interest paid on deposits and interest received on loans. This fundamental banking model, known as net interest margin, forms the core of traditional banking operations. The company's primary business segments include: 1. Deposit Services - PCB offers various deposit products including demand deposits (checking accounts), savings accounts, money market accounts, time deposits, and certificates of deposit. These products allow customers to store money safely while earning interest, and they provide the bank with funds to lend to other customers. 2. Lending Operations - The bank provides multiple loan types including real estate loans (both commercial and residential properties), Small Business Administration (SBA) loans for qualifying businesses, commercial and industrial loans such as business term loans and credit lines, construction loans for property development, and consumer loans including auto loans and personal loans. 3. Digital and Treasury Services - PCB offers modern banking conveniences including online banking platforms, mobile banking applications with remote check deposit capabilities, automated clearing house (ACH) services for electronic transfers, wire transfer services, and treasury management solutions for business customers. The bank specifically targets the Korean-American and broader Asian-American business communities, though it serves all customers. This focus allows PCB to leverage cultural understanding and language capabilities to better serve this demographic segment in areas with significant Asian-American populations.
Revenue model
PCB Bancorp generates revenue primarily through net interest income, which is the difference between interest earned on loans and interest paid on deposits. When the bank lends money at higher interest rates than it pays depositors, it captures the spread as profit. This traditional banking model depends heavily on interest rate environments and the bank's ability to manage the timing and pricing of its assets and liabilities. The bank's paying customers include small to medium-sized businesses seeking commercial loans, individuals and families requiring mortgages or personal loans, and both business and retail customers who maintain deposit accounts. SBA lending represents a particularly important revenue stream, as these government-backed loans often carry attractive terms and lower risk profiles. Several factors can significantly impact PCB's margins and profitability. Rising interest rates generally benefit banks by allowing them to charge higher rates on new loans faster than they must increase deposit rates, expanding net interest margins. Conversely, falling rates can compress margins. Credit quality directly affects profitability, as loan losses reduce net income - economic downturns or industry-specific challenges can lead to higher default rates. Competition from other regional banks, credit unions, and fintech lenders can pressure both loan pricing and deposit rates. Regulatory changes affecting capital requirements, lending standards, or compliance costs can impact operational efficiency. Finally, the bank's geographic concentration in Southern California real estate markets creates exposure to regional economic conditions and property values.
Competitive moat
PCB Bancorp operates with a relatively narrow economic moat typical of smaller regional banks. The company's primary competitive advantages stem from its cultural and linguistic specialization in serving Korean-American and Asian-American business communities, which provides some customer loyalty and reduces direct competition from larger institutions that may not offer the same cultural understanding or language services. The bank benefits from relationship banking, where personal connections and local market knowledge create switching costs for small business customers who value personalized service. Additionally, PCB's focus on SBA lending provides some expertise-based differentiation, as this specialized lending requires specific knowledge and government relationships. However, the bank's moat is relatively weak overall. The banking industry faces intense competition from larger regional banks with greater resources, credit unions offering competitive rates, and emerging fintech companies providing digital-first banking solutions. PCB's small size limits its ability to offer the comprehensive services and competitive pricing that larger institutions can provide. The company also lacks significant technological differentiation or proprietary systems that would create sustainable competitive advantages. Geographic concentration, while providing local market expertise, also limits diversification and growth opportunities compared to banks with broader footprints.
Risks & safety
PCB Bancorp demonstrates moderate financial stability with some concerns typical of smaller regional banks. • Solvency and Liquidity: Strong cash position with $198.8 million in cash and short-term investments as of Q4 2024. Debt-to-equity ratio of 9.3% indicates conservative leverage. However, the bank's asset quality and loan concentration in California real estate markets pose some risk. • Valuation Metrics: Trading at attractive valuation levels with P/E ratio of 10.3x and price-to-book ratio of 0.79x, suggesting the stock trades below book value. Return on equity of 7.1% for 2024 is reasonable but not exceptional. • Profitability Trends: Net income of $25.8 million for 2024 represents a decline from $30.7 million in 2023, indicating some earnings pressure. Revenue remained relatively stable at $99.7 million versus $99.3 million in the prior year. • Other Considerations: Small market capitalization of approximately $279 million creates liquidity concerns and limits institutional investor interest. Geographic concentration in California creates exposure to regional economic downturns and regulatory changes.
Recent development
Based on the available financial data, PCB Bancorp has focused on maintaining stability during a challenging interest rate environment over the past few years. The bank has maintained relatively consistent revenue levels around $99-104 million annually while managing through interest rate volatility that has affected the broader banking sector. The company appears to have maintained its strategic focus on serving the Korean-American and Asian-American business communities, continuing to operate its network of branches in key markets including Los Angeles, Orange County, New Jersey, and New York. The bank has sustained its SBA lending operations, which provide both revenue diversification and government backing that reduces credit risk. PCB has maintained strong liquidity positions throughout the period, with significant cash and short-term investment balances, though these levels have fluctuated based on deposit flows and lending opportunities. The bank's loan portfolio has remained concentrated in commercial real estate and SBA lending, consistent with its historical strategy of serving small and medium-sized businesses. The slight decline in profitability from 2023 to 2024 suggests the bank is navigating margin pressure common across the regional banking sector, likely due to increased funding costs and competitive pressures on loan pricing.
PCB company profile · for informational purposes only — not investment advice.
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