U.S. stocks edge higher; solid earnings season continues
Director Lee Sang Young of PCB Bancorp (NASDAQ:PCB) reported purchasing shares of common stock on July 29, 2025. The transactions totaled $390348. The stock currently trades at a P/E ratio of 9.9x and has delivered strong returns over the past five years, according to InvestingPro data.
According to a Form 4 filing with the Securities and Exchange Commission, Lee acquired a total of 18200 shares of PCB Bancorp common stock. The purchases were made at prices ranging from $21.4 to $21.4894. The shares are held by family trust. Following the transactions, Lee Sang Young now indirectly owns 1569210 shares of the company. PCB Bancorp maintains a 3.7% dividend yield and has raised dividends for six consecutive years. The company’s overall financial health score is rated as "GOOD" by InvestingPro, which offers 5 additional investment insights for subscribers.
In other recent news, PCB Bancorp announced an extension of its stock repurchase program through July 31, 2026. The program, which was initially adopted on August 2, 2023, allows for the repurchase of up to 720,000 shares of the company’s common stock. As of July 23, PCB Bancorp has already repurchased and retired 291,527 shares. This leaves 428,473 shares still authorized for repurchase. The extension of the repurchase program reflects the company’s ongoing strategy to manage its capital structure. This decision was approved by the Board of Directors as part of their efforts to enhance shareholder value. The stock repurchase program’s extension indicates PCB Bancorp’s confidence in its financial position and future prospects.
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