PCB Bancorp reports results for the quarter ended in January 1 - Earnings Summary

• PCB Bancorp PCB.OQ reported quarterly adjusted earnings of 52 cents​​ per share for the quarter ended January 1, higher than the same quarter last year, when the company reported EPS of 49 cents. The mean expectation of three analysts for the quarter was for earnings of 45 cents per share. Wall Street expected results to range from 43 cents to 46 cents per share.

• Revenue rose 1.6% to $25.34 million from a year ago; analysts expected $25.53 million.

• PCB Bancorp's reported EPS for the quarter was 52 cents​.

• The company reported quarterly net income of $7.47 million.

• PCB Bancorp shares had fallen by 3.8% this quarter and lost 1.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is also "hold"

Wall Street's median 12-month price target for PCB Bancorp is $20.00

This summary was machine generated from LSEG data October 27 at 03:51 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)