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Plumas Bancorp (NASDAQ:PLBC), a $297 million market cap financial institution, reported that its Board of Directors declared a quarterly cash dividend of $0.30 per common share, representing a 2.8% yield. The dividend is scheduled to be paid on November 17, 2025, to shareholders of record as of the close of business on November 3, 2025. According to InvestingPro data, the company has maintained dividend payments for 10 consecutive years and raised them for the past 4 years.
The announcement was made Wednesday, according to a statement released by the company and disclosed in a filing with the Securities and Exchange Commission. Plumas Bancorp , headquartered in Reno, Nevada, operates as a short-term business credit institution. Trading at a P/E ratio of 10.1, InvestingPro analysis suggests the stock is currently undervalued, with a "GOOD" overall financial health score.
The company’s common stock is listed on the NASDAQ Capital Market under the ticker symbol PLBC.
This information is based on a press release statement included in the company’s recent SEC filing.
In other recent news, Plumas Bancorp announced a quarterly cash dividend of $0.30 per common share, with the payment scheduled for August 15, 2025, to shareholders of record as of August 1, 2025. This declaration was included in a press release filed with the Securities and Exchange Commission. Additionally, Plumas Bancorp has updated its change in control agreements for five executive officers, increasing the cash severance benefit from 12 to 18 months of the executive’s base salary in the event of a qualifying termination following a change in control. This aligns with the offer letter for Mathew Moseley, one of the executives involved.
Furthermore, Plumas Bancorp entered into indemnification agreements with Ken Robison, a new board member appointed in connection with the company’s acquisition of Cornerstone Community Bancorp. These agreements ensure that directors and executive officers are indemnified and that expenses are advanced on their behalf to the fullest extent allowed by law. These developments reflect ongoing strategic adjustments within Plumas Bancorp as it continues to manage its executive and board structures.
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