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PCB Bancorp (PCB) Reports Q3 Earnings: What Key Metrics Have to Say
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For the quarter ended September 2024, PCB Bancorp (PCB - Free Report) reported revenue of $25.34 million, up 1.6% over the same period last year. EPS came in at $0.52, compared to $0.49 in the year-ago quarter.
The reported revenue represents a surprise of -0.63% over the Zacks Consensus Estimate of $25.5 million. With the consensus EPS estimate being $0.45, the EPS surprise was +15.56%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how PCB Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Average Balance - Total interest-earning assets: $2.78 billion versus $2.81 billion estimated by two analysts on average.
Efficiency ratio: 57.6% compared to the 59.7% average estimate based on two analysts.
Non-Performing Loans: $6.61 million versus $7.57 million estimated by two analysts on average.
Net Interest Margin: 3.3% compared to the 3.2% average estimate based on two analysts.
Non-Performing Assets: $7.08 million compared to the $7.57 million average estimate based on two analysts.
Total Noninterest Income: $2.62 million versus the two-analyst average estimate of $2.64 million.
Net Interest Income: $22.72 million compared to the $22.87 million average estimate based on two analysts.
Shares of PCB Bancorp have returned -0.2% over the past month versus the Zacks S&P 500 composite's +1.5% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
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PCB Bancorp (PCB) Reports Q3 Earnings: What Key Metrics Have to Say
For the quarter ended September 2024, PCB Bancorp (PCB - Free Report) reported revenue of $25.34 million, up 1.6% over the same period last year. EPS came in at $0.52, compared to $0.49 in the year-ago quarter.
The reported revenue represents a surprise of -0.63% over the Zacks Consensus Estimate of $25.5 million. With the consensus EPS estimate being $0.45, the EPS surprise was +15.56%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how PCB Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Average Balance - Total interest-earning assets: $2.78 billion versus $2.81 billion estimated by two analysts on average.
- Efficiency ratio: 57.6% compared to the 59.7% average estimate based on two analysts.
- Non-Performing Loans: $6.61 million versus $7.57 million estimated by two analysts on average.
- Net Interest Margin: 3.3% compared to the 3.2% average estimate based on two analysts.
- Non-Performing Assets: $7.08 million compared to the $7.57 million average estimate based on two analysts.
- Total Noninterest Income: $2.62 million versus the two-analyst average estimate of $2.64 million.
- Net Interest Income: $22.72 million compared to the $22.87 million average estimate based on two analysts.
View all Key Company Metrics for PCB Bancorp here>>>Shares of PCB Bancorp have returned -0.2% over the past month versus the Zacks S&P 500 composite's +1.5% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.