PCB Bancorp stock gets a 700,000-share buyback plan

Published on 10/05/2026 at 17:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PCB Bancorp stock carries a new buyback authorization for 700,000 shares dated September 23, 2026. Second-quarter EPS reached USD 0.73 versus USD 0.70 consensus.

PCB, US69320M1099, Illustration mit AI erstellt.

PCB Bancorp stock (ISIN US69320M1099) was trading at USD 28.14 on Nasdaq at 11:56 a.m. ET on October 5, 2026, up USD 0.13 or 0.46 percent from the previous close. The bank holding company is now carrying a new repurchase authorization that could cover up to 700,000 shares.

Buyback runs through 2027

According to the SEC filing dated September 28, 2026, PCB Bancorp said its board approved the program on September 23, 2026. The authorization runs through September 22, 2027, but the company retains discretion over timing, price and volume, and the program does not require a specific number of purchases.

The authorization follows 141,434 repurchased shares in the second quarter at a weighted-average price of USD 25.47, according to StockTitan. That earlier activity gives the new ceiling a concrete capital-return comparison, although the new program itself remains discretionary.

Second-quarter EPS beat consensus

PCB Bancorp reported USD 10.4 million in net income available to common shareholders for the second quarter of 2026, or USD 0.73 per diluted share, versus USD 0.70 expected by analysts. Net interest income reached USD 27.5 million and net interest margin stood at 3.33 percent in the quarter, according to StockTitan.

The balance sheet also sets the scale for the buyback discussion. Second-quarter assets totaled USD 3.47 billion, while loans held for investment were USD 2.93 billion and deposits were USD 2.92 billion, according to StockTitan.

Consensus target remains above price

MarketBeat reported on September 9, 2026, that three analysts rated PCB Bancorp with one Strong Buy and three Hold ratings, producing a Moderate Buy consensus and an average price target of USD 27.75. A separate quote page lists a Neutral consensus from three analysts and an average target of USD 30.25, with a high estimate of USD 31.00 and a low estimate of USD 29.50.

At USD 28.14 on October 5, 2026, PCB Bancorp had a market capitalization of USD 400.6 million. Its 52-week range was USD 19.70 to USD 30.84, while trading volume was 5,676 shares, placing the stock 8.75 percent below its 52-week high.