olivLaw · US equity research
PCB Bancorp PCB
State Commercial Banks · SIC 6022 · Vertical: State Commercial Banks (SIC 6022)
PCB Bancorp is the holding company of PCB Bank, a California state-chartered commercial bank focused on lending to small and middle market businesses, with a strong tilt toward commercial real estate. At June 30, 2026, total assets stood at 3.47 billion USD, and the net interest margin held at 3.33%, which makes the company relevant to anyone tracking regional California banks and the states where it operates branches.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 06 Nov 2026, PCB Bancorp (PCB) stock was 30.04 USD (−0.43% on the day), with market capitalisation 422.3 m USD, P/E 10.1 on diluted EPS of 2.98 USD over the last 12 months, dividend yield 2.86%, beta 0.69, 52-week range 21.08–30.95 USD. Latest reported quarter (Q3 2026): revenue of 861.0 k USD (+17.1% YoY), net income of 12.2 m USD (+7.0% YoY), diluted EPS 0.85 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 64.1
- strong (55–70)
- Bollinger (20, 2)
- 26.88 – 30.87
- in the upper half of the band · %B 0.79 · band width 13.8%
- SMA 50 / 200
- 28.19 / 25.86
- uptrend (price > SMA50 > SMA200)
- MACD (12, 26, 9)
- 0.65 / 0.48
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +8.7% | −5.9% | +14.7 pp | — |
| 3 months | +7.8% | −4.6% | +12.4 pp | — |
| 6 months | +21.8% | +0.2% | +21.5 pp | — |
| Year to date | +38.8% | +7.4% | +31.3 pp | — |
| 1 year | +39.6% | +8.2% | +31.4 pp | +23.0% |
| 3 years | +91.2% | +68.4% | +22.8 pp | +79.6% |
| 5 years | +30.5% | +56.5% | −26.0 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 30 Sept 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 728.0 k | 666.0 k | 722.0 k | 735.0 k | 776.0 k | 772.0 k | 810.0 k | 861.0 k |
| Pre-tax income | 10.3 m | 10.8 m | 12.7 m | 15.9 m | 13.1 m | 14.9 m | 14.7 m | 17.0 m |
| Income tax | 3.3 m | 3.1 m | 3.6 m | 4.5 m | 3.9 m | 4.3 m | 4.2 m | 4.8 m |
| Net income | 7.0 m | 7.7 m | 9.1 m | 11.4 m | 9.2 m | 10.7 m | 10.5 m | 12.2 m |
| Diluted EPS | 0.49 ≈ | 0.53 | 0.62 | 0.78 | 0.66 ≈ | 0.74 | 0.73 | 0.85 |
| Operating cash flow | 4.2 m | 2.3 m | 4.9 m ≈ | 16.4 m ≈ | 2.9 m | 20.7 m | 1.4 m ≈ | 15.4 m ≈ |
| Capex | 46.0 k | 749.0 k | 1.1 m ≈ | 247.0 k ≈ | 126.0 k | 28.0 k | 108.0 k ≈ | 225.0 k ≈ |
| Dividends paid | 2.6 m | 2.9 m | 2.9 m ≈ | 2.9 m ≈ | 2.9 m | 3.1 m | 3.1 m ≈ | 3.1 m ≈ |
| Share repurchases | 0 | 953.0 k | 1.8 m ≈ | 2.2 m ≈ | 2.1 m | 193.0 k | 3.6 m ≈ | 2.0 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 76 percentile of its own 33-quarter history (min 6.2, median 9.2, max 13.6; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.4 m | 2.6 m | 2.2 m | 2.4 m | 2.6 m | 2.7 m | 2.8 m | 2.9 m |
| Revenue YoY | +10.9% | +4.6% | −12.5% | +6.2% | +11.5% | +0.3% | +4.7% | +4.5% |
| Net income | 24.3 m | 24.1 m | 16.2 m | 40.1 m | 35.0 m | 30.7 m | 25.8 m | 37.5 m |
| Net income YoY | +48.1% | −0.8% | −32.9% | +147.9% | −12.8% | −12.2% | −15.9% | +45.1% |
| Diluted EPS | 1.65 | 1.49 | 1.04 | 2.62 | 2.31 | 2.12 | 1.74 | 2.58 |
| Diluted EPS YoY | +36.4% | −9.7% | −30.2% | +151.9% | −11.8% | −8.2% | −17.9% | +48.3% |
| net % | 996.4% | 945.0% | 725.0% | 1,692.8% | 1,324.3% | 1,158.7% | 930.4% | 1,291.9% |
| Free cash flow | 29.5 m | 29.4 m | 15.3 m | -2.0 m | 51.8 m | 62.0 m | 34.9 m | 24.4 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 207.1 m USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 390.0 m USD
- Total assets
- 3.3 bn USD
- Debt / equity
- unavailable
- Current ratio
- unavailable
- ROE
- 9.9%
- ROA
- 1.2%
- FCF margin
- 841.5%
Financial statements (source on every figure)
Revenue and net income (USD)
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Net interest income | 66.2 m | 77.1 m | 89.6 m | 88.5 m | 88.6 m | 103.9 m | SEC (XBRL)· 16 Mar 2026verified |
| Net fee income | 11.7 m | 18.4 m | 14.5 m | 10.7 m | 11.1 m | 11.8 m | SEC (XBRL)· 16 Mar 2026verified |
| Non-interest expense | 41.7 m | 43.2 m | 51.1 m | 56.1 m | 60.0 m | 59.2 m | SEC (XBRL)· 16 Mar 2026verified |
| Pre-tax income | 23.0 m | 57.0 m | 49.4 m | 43.3 m | 36.3 m | 52.5 m | SEC (XBRL)· 16 Mar 2026verified |
| Net income | 16.2 m | 40.1 m | 35.0 m | 30.7 m | 25.8 m | 37.5 m | SEC (XBRL)· 16 Mar 2026verified |
| Diluted EPS | 1.04 | 2.62 | 2.31 | 2.12 | 1.74 | 2.58 | SEC (XBRL)· 16 Mar 2026verified |
| Dividend per share | 0.40 | 0.44 | 0.60 | 0.69 | 0.72 | 0.80 | SEC (XBRL)· 16 Mar 2026verified |
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 194.1 m | 203.3 m | 147.0 m | 242.3 m | 198.8 m | 207.1 m | SEC (XBRL)· 16 Mar 2026verified |
| Loans | 1.6 bn | 1.7 bn | 2.0 bn | 2.3 bn | 2.6 bn | 2.8 bn | SEC (XBRL)· 16 Mar 2026verified |
| Total assets | 1.9 bn | 2.1 bn | 2.4 bn | 2.8 bn | 3.1 bn | 3.3 bn | SEC (XBRL)· 16 Mar 2026verified |
| Deposits | 1.6 bn | 1.9 bn | 2.0 bn | 2.4 bn | 2.6 bn | 2.8 bn | SEC (XBRL)· 16 Mar 2026verified |
| Total liabilities | 1.7 bn | 1.9 bn | 2.1 bn | 2.4 bn | 2.7 bn | 2.9 bn | SEC (XBRL)· 16 Mar 2026verified |
| Equity | 233.8 m † | 256.3 m † | 335.4 m † | 348.9 m † | 363.8 m † | 390.0 m † | SEC (XBRL)· 16 Mar 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Dividends paid | 6.2 m | 6.7 m | 8.9 m | 9.9 m | 10.3 m | 11.5 m | SEC (XBRL)· 16 Mar 2026verified |
| Share repurchases | 6.5 m | 10.9 m | 6.7 m | 8.8 m | 222.0 k | 7.1 m | SEC (XBRL)· 16 Mar 2026verified |
Computed indicators
Growth
Profitability
Returns
Market and valuation
Banking
32 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 58 / 100
A scoring methodology on indicators and valuation, not investment advice.
Closing price
06 Nov 2026Source: olivLaw, closing series
Market cap: 422.3 m USD
Key indicators
Coverage and freshness
Score by group
- Quality53
- Growth31
- Balance sheet22
- Returns71
- Valuation90
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 10.51 – 42.23 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- Residual income28.94 – 30.27 (Mid 29.59)
- Justified P/B30.56 – 41.09 (Mid 35.05)
- Dividend discount (DDM)10.51 – 14.14 (Mid 12.06)
- Peers: P/E32.02 – 39.85 (Mid 36.42)34 companies used · median multiple 12.2x · quartiles 10.8x – 13.4xBFST, BNY, BOH, BOTJ, BSRR, CFG, CIVB, COFS, COLB, COSO, EWBC, FBP, FCCO, FITB, FUSB, GABC, GBFH, INBK, ISBA, JMSB, LKFN, MCB, MTB, MVBF, NTRS, OFG, PEBK, QCRH, RBB, STT, SYBT, TCBK, UBCP, WASH
- Peers: P/B32.37 – 42.23 (Mid 36.36)34 companies used · median multiple 1.3x · quartiles 1.1x – 1.5xBFST, BOH, BOTJ, BSRR, CBFV, CFG, CIVB, COFS, COLB, COSO, EWBC, FBP, FCCO, FITB, FUSB, GABC, GBFH, INBK, ISBA, JMSB, LKFN, MCB, MTB, MVBF, OFG, PEBK, QCRH, RBB, STT, SYBT, TCBK, UBCP, UCB, WASH
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Neutral profile · Score 58/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROE · Quality | 10.8% | 39 (vs peers) | 19% |
| ROA · Quality | 1.2% | 60 (on a fixed band) | 7% |
| Cost-to-income · Quality | 49.8% | 61 (on a fixed band) | 12% |
| Net interest margin · Quality | 3.2% | 67 (on a fixed band) | 7% |
| EPS CAGR 3Y · Growth | 3.8% | 31 (on a fixed band) | 10% |
| Revenue CAGR 3Y · Growth | 3.1% | 31 (on a fixed band) | 7% |
| NPL ratio · Balance sheet | unavailable | unavailable | — |
| Cost of risk · Balance sheet | unavailable | unavailable | — |
| Loan-to-deposit · Balance sheet | 91.4% | 22 (on a fixed band) | 5% |
| P/B · Valuation | 1.1x | 86 (vs peers) | 12% |
| P/E (TTM) · Valuation | 10.1x | 94 (vs peers) | 12% |
| Dividend yield · Returns | 2.9% | 71 (vs peers) | 10% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial22/100 · 1/3 factors with a value
- Growth31/100 · 2/2 factors with a value
- Quality53/100 · 4/4 factors with a value
- Returns71/100 · 1/1 factors with a value
- Valuation90/100 · 2/2 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
PCB BANCORP (PCB). Latest full fiscal year: 2025; data up to 2026-09-30.
Figures computed from the financial statements: net interest income 103.9 m USD in 2025; YoY growth 4.5%; net margin 1,323.5%; ROE 10.8%.
The estimated value range is 30.56–39.85 USD per share (median of 5 methods, agreement: high); assumptions are illustrative. Against the central value of 35.05 USD, the price of 30.04 USD leaves a potential of 16.7% (value / price − 1) and a margin of safety of 14.3% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 58/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: balance. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- P/B: 1.1x
- P/E (TTM): 10.1x
- Dividend yield: 2.9%
- The price is below the estimated value range
What contradicts it
- Loan-to-deposit: 91.4%
Not assessed (insufficient data or a ratio without meaning): NPL ratio, Cost of risk.
Versus the vertical median
State Commercial Banks (SIC 6022) · same industry (4-digit SIC) · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| BNYThe Bank Of New York Mellon Corporation | 99.2 bn | 16.2 | 15.0% | 32.6% | +7.8% | +32% / +205% |
| FITBFifth Third Bancorp | 48.3 bn | 18.0 | 9.4% | — | −2.0% | +23% / +85% |
| STTState Street Corporation | 45.0 bn | 13.3 | 13.1% | 23.8% | +7.3% | +39% / +127% |
| MTBM&T Bank Corporation | 31.5 bn | 11.3 | 10.6% | 175.6% | +7.5% | +16% / +71% |
| NTRSNorthern Trust Corporation | 31.0 bn | 13.2 | 18.4% | 28.8% | −2.5% | +30% / +116% |
| CFGCitizens Financial Group Inc | 26.8 bn | 12.6 | 8.9% | 25.4% | +5.6% | +18% / +134% |
| EWBCEast West Bancorp, Inc. | 17.7 bn | 12.4 | 16.6% | — | +4.4% | +21% / +105% |
| COLBColumbia Banking System, Inc. | 8.4 bn | 10.5 | 11.2% | 471.8% | +18.8% | +10% / +36% |
| UCBUnited Community Banks, Inc. | 4.4 bn | 31.1 | 4.1% | 17.8% | +11.7% | +21% / +50% |
| FBPFirst Bancorp | 4.0 bn | 11.0 | 19.5% | 29.0% | +2.4% | +32% / +73% |
| BOHBank Of Hawaii Corporation | 2.7 bn | 12.0 | 13.6% | 202.1% | −0.1% | +6% / +20% |
| SYBTStock Yards Bancorp, Inc. | 2.5 bn | 15.3 | 13.6% | — | +3.4% | +20% / +80% |
| OFGOFG Bancorp | 2.1 bn | 9.7 | 16.6% | — | unavailable | +28% / +51% |
| GABCGerman American Bancorp, Inc. | 1.9 bn | 13.2 | 12.5% | 28.2% | +37.8% | +26% / +74% |
| TCBKTriCo Bancshares | 1.7 bn | 12.5 | 10.4% | 249.7% | +4.1% | +8% / +52% |
| QCRHQcr Holdings, Inc. | 1.7 bn | 11.9 | 12.9% | — | +46.3% | +24% / +103% |
| LKFNLakeland Financial Corporation | 1.5 bn | 13.7 | 15.4% | — | −2.1% | +5% / +10% |
| MCBMetropolitan Bank Holding Corp. | 1.2 bn | 12.1 | 10.2% | 860.0% | −53.8% | +28% / +145% |
| BFSTBusiness First Bancshares, Inc. | 1.0 bn | 11.3 | 10.1% | 768.0% | +1.2% | +24% / +59% |
| WASHWashington Trust Bancorp Inc | 737.4 m | 11.6 | 12.0% | 26.4% | +127.6% | +36% / +44% |
| CIVBCivista Bancshares, Inc. | 587.4 m | 10.2 | 11.0% | 302.4% | −0.5% | +25% / +81% |
| COFSChoiceOne Financial Services, Inc. | 548.7 m | 10.1 | 12.0% | 42.0% | +63.6% | +21% / +47% |
| BSRRSierra Bancorp | 537.1 m | 10.7 | 14.0% | — | unavailable | +33% / +121% |
| RBBRBB Bancorp | 435.1 m | 10.6 | 7.9% | 720.3% | −2.4% | +30% / +68% |
| PCBPcb Bancorp | 422.3 m | 10.1 | 10.8% | 1,323.5% | +4.5% | +40% / +91% |
1- and 3-year price returns: for PCB from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 17.83 Total return -38% · Per year -38% | 31.54 Total return 8% · Per year 8% | 47.54 Total return 62% · Per year 62% |
| 3 years | 16.84 Total return -37% · Per year -14% | 33.56 Total return 21% · Per year 7% | 55.60 Total return 97% · Per year 25% |
| 5 years | 15.90 Total return -36% · Per year -9% | 35.70 Total return 35% · Per year 6% | 65.02 Total return 138% · Per year 19% |
- Exit P/E± 8.39
- Net margin± 5.87
- Annual revenue growth± 4.88
- Annual dilution± 0.49
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 06 Aug 2026; since then the company filed 10-Q (05 Nov 2026), 8-K (29 Oct 2026 · results).
In brief
PCB Bancorp is the holding company of PCB Bank, a California state-chartered commercial bank focused on lending to small and middle market businesses, with a strong tilt toward commercial real estate. At June 30, 2026, total assets stood at 3.47 billion USD 2, and the net interest margin held at 3.33% 3, which makes the company relevant to anyone tracking regional California banks and the states where it operates branches.
SWOT
Strengths
- The Bank has a conservative credit culture with independent portfolio reviews and a low level of nonperforming assets 13.
- SBA Preferred Lender status facilitates approvals of small business loans nationwide 1.
- Steady growth in deposits and loans in the first half of 2026 shows the ability to attract clients 3.
Weaknesses
- The portfolio is concentrated in commercial real estate, which is sensitive to property market cycles 1.
- Activity is geographically concentrated in California, exposing the Bank to regional economic conditions 1.
- A significant share of deposits are time deposits, which may migrate to other institutions or investments 1.
Opportunities
- Expansion in states with newer branches and growth in SBA lending could add volume without changing the business model 1.
- If rates stabilize, the margin could benefit from a lower cost of deposits 3.
- Clients seeking a relationship bank with personalized service could become an additional source of deposits 1.
Risks
- Credit risk in commercial real estatehigh
The commercial real estate book is concentrated, and a fall in property values could lead to larger losses and a need to raise reserves 12.
- Interest rate sensitivitymedium
Net interest income could fall if rates move quickly, especially if the yield curve flattens or inverts 1.
- Liquidity and fundingmedium
Banks rely on deposits, and withdrawals or limited access to funding could constrain loan growth 1.
- Anti-money laundering compliancemedium
Breaches of Bank Secrecy Act rules could bring penalties and restrictions on dividends or acquisitions 1.
- Geographic concentrationlow
Dependence on economic conditions in California and a few other states limits regional risk diversification 1.
Investment thesis
What would need to be true (bull case)
- If loan and deposit growth continues at this pace, the Bank could sustain profitability despite intense competition 3.
- Asset quality remains good, and the low level of nonperforming assets suggests prudent risk management 3.
- SBA Preferred Lender status could open further growth opportunities in the small business segment 1.
What would break the thesis
- Concentration in commercial real estate could generate larger losses if the property market deteriorates 12.
- A rapid decline in rates could compress the interest margin, especially if deposit costs do not fall as quickly 3.
- Dependence on California markets could limit growth if the regional economy slows 1.
What to watch
- Trajectory of the net interest marginQ3 2026
- Level of provisions for credit lossesQ3 2026
- Dynamics of interest-bearing deposits and funding costQ4 2026
- Quality of the commercial real estate book and the nonperforming assets rationext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 06 Aug 2026; since then the company filed 10-Q (05 Nov 2026), 8-K (29 Oct 2026 · results).
The business
PCB Bancorp is a California holding company incorporated in 2007, whose main operating subsidiary is PCB Bank, founded in 2003 1. The Bank is a California state-chartered commercial bank whose deposits are insured by the FDIC 1. The holding company has no material operations apart from the Bank 1.
The Bank operates as a single segment and serves mainly small and middle market businesses as well as individuals 1. Its footprint includes branches in Los Angeles and Orange Counties, on the East Coast in New York and New Jersey, in Texas and in Georgia, plus SBA loan originators in Washington 1. The headquarters is in Los Angeles 1.
Lending is the core strategy, with the portfolio split into commercial real estate, commercial and industrial and consumer loans 1. The Bank describes a conservative credit culture with strict underwriting standards and independent loan reviews at least semi-annually 1.
Segments
Commercial real estate (CRE)
Commercial real estate made up 67.5% of loans held for investment at December 31, 2025 1. The category covers commercial property, business property, multifamily and construction loans, and its main risk is tied to the property market and the value of collateral 1.
Market context
PCB Bancorp competes in regional banking markets across Los Angeles, Orange County, New York, New Jersey, Texas and Georgia 1. Loans held for investment grew 4.0% from year-end 2025 to June 30, 2026 3, and deposits rose 4.6% over the same period 3, pointing to steady demand for the Bank's products.
Sensitivity of margins to interest rates and demand for commercial lending depend on economic conditions in the states where the Bank has branches 1. Profitability could be affected if regional markets weaken, if rates move sharply, or if demand for commercial real estate lending declines 12.
Trends
- Interest rate pathmixed
Although the net interest margin held at 3.33% in the second quarter of 2026 3, interest income depends on the direction of market rates. Lower rates pressure yields on variable-rate loans, as the decline in yield on interest-earning assets shows 3.
- Growth in deposits and loanstailwind
Total deposits and loans grew steadily through the first half of 2026, with retail deposits contributing more 3. This supports funding of growth, particularly if the cost of funds stays controlled 3.
- Cost of credit riskheadwind
Provisions for credit losses fell in the first half of 2026 compared with the prior year 2, but the Bank notes that a harsher economic scenario could materially raise reserves 2. Quality of the commercial book remains central to results.
- Pressure on deposit costsmixed
The cost of interest-bearing deposits declined in the first half of 2026 versus the prior year 3, but intensifying deposit competition could erode margin gains.
Competitive position
PCB Bank competes with other regional commercial banks and larger institutions active in the same California and East Coast markets 1. Competition for deposits and commercial real estate loans is intense and can influence the Bank's margins 1.
The Bank aims to differentiate through direct relationships with small and middle market clients and its status as an SBA Preferred Lender, the highest designation the SBA awards 1. This positioning can support growth, but depends on sustaining service quality and credit standards 1.
- Hanmi Financial CorporationHAFC
Regional commercial bank with similar activity in Los Angeles and the West Coast, focused on Asian-American clients and commercial real estate.
- Cathay General BancorpCATY
Regional bank with an extensive network in California and other states, competing for commercial loans and deposits.
- Preferred BankPFBC
Los Angeles commercial bank serving small and middle market businesses and commercial real estate clients.
- Open Bank
Los Angeles commercial bank with similar clientele, competing for deposits and SBA lending.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Quarterly report05 Nov 2026
- Current report29 Oct 2026Results of operations · Regulation FD disclosure · Other events · Financial statements and exhibits
- Current report28 Sept 2026Regulation FD disclosure · Other events · Financial statements and exhibits
- Current report24 Sept 2026Departure or appointment of officers · Financial statements and exhibits
- Quarterly report06 Aug 2026
- Current report (amendment)24 Jul 2026Regulation FD disclosure · Financial statements and exhibits
- Current report23 Jul 2026Results of operations · Regulation FD disclosure · Other events · Financial statements and exhibits
- Current report27 May 2026Shareholder vote
- Quarterly report07 May 2026
- Current report23 Apr 2026Results of operations · Regulation FD disclosure · Other events · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / PCB Bancorp · 16 Mar 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / PCB Bancorp · 06 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / PCB Bancorp · 23 Jul 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.