The earnings beat confirms the operational benefits of the Cornerstone acquisition and expanding margins. Traders should watch for continued credit quality trends, as NPAs have increased.
Price Chart
Executive Summary
Plumas Bancorp reported Q2 2026 record net income of $9.9M ($1.43 EPS), beating consensus of $1.35 by 6%. Revenue (NII + non-interest income) of $28.8M also beat the $28.0M estimate. The results reflect the successful integration of the Cornerstone acquisition, with net interest margin expanding 30 bps to 5.13%. However, nonperforming assets rose to 1.04% of total assets, warranting watch.
Key Financial Metrics
Key Facts
- Record net income of $9.9M in Q2 2026, up 57.6% YoY from $6.3M
- EPS of $1.43 beat consensus of $1.35 (6% beat)
- Revenue (NII + non-interest income) of $28.8M beat consensus of $28.0M (2.7% beat)
- Net interest margin expanded 30 bps to 5.13% from 4.83% YoY
- Nonperforming assets increased to 1.04% of total assets from 0.84% YoY
- Cornerstone Community Bank acquisition drove substantial balance sheet growth: loans +49%, deposits +38%
Financial Impact
EPS beat by $0.08 (6%); revenue beat by $0.8M (3%); net interest margin up 30 bps
Risk Factors
- Rising nonperforming assets (1.04% vs 0.84% YoY) could signal credit deterioration
- Integration risk from the Cornerstone acquisition remains
- Interest rate sensitivity with 79% variable-rate loans; potential margin compression if rates decline
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3327774 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | 8-K | $63.49 $63.20 | ▼ −0.46% | ▲ +0.07% | $63.30 (−0.30%) |
Oct 22, 2026 5d ago | Press Release | $63.49 $63.20 | ▼ −0.46% | ▲ +0.07% | $63.30 (−0.30%) |
Oct 22, 2026 5d ago | 8-K | $63.49 $63.20 | ▼ −0.46% | ▲ +0.07% | $63.30 (−0.30%) |
Oct 21, 2026 6d ago | 8-K | $63.05 $63.49 | ▲ +0.70% | ▲ +1.88% | $63.30 (+0.40%) |
Oct 21, 2026 6d ago | 8-K | $63.05 $63.49 | ▲ +0.70% | ▲ +1.88% | $63.30 (+0.40%) |
Oct 21, 2026 6d ago | Press Release | $63.05 $63.49 | ▲ +0.70% | ▲ +1.88% | $63.30 (+0.40%) |
Jul 16, 2026 14w ago | 8-K | $61.96 $61.35 | ▼ −0.98% | ▲ +0.01% | $63.30 (+2.16%) |
Jul 15, 2026 14w ago | 8-K | $60.24 $61.96 | ▲ +2.86% | ▲ +3.40% | $63.30 (+5.08%) |
Jul 15, 2026 14w ago | 8-K | $60.24 $61.96 | ▲ +2.86% | ▲ +3.40% | $63.30 (+5.08%) |
Jul 15, 2026 14w ago | Press Release | $60.24 $61.96 | ▲ +2.86% | ▲ +3.40% | $63.30 (+5.08%) |
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