Plumas Bancorp (NASDAQ:PLBC) defied analyst predictions to release its annual results, which were ahead of market expectations. Plumas Bancorp beat expectations, with revenue hitting US$81m (13% ahead of estimates) and EPS reaching US$4.80 (a 2.1% beat). Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Plumas Bancorp after the latest results.

See our latest analysis for Plumas Bancorp

Taking into account the latest results, the consensus forecast from Plumas Bancorp's twin analysts is for revenues of US$85.4m in 2025. This reflects a satisfactory 5.1% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to dip 3.0% to US$4.71 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$83.3m and earnings per share (EPS) of US$4.50 in 2025. So there seems to have been a moderate uplift in sentiment following the latest results, given the upgrades to both revenue and earnings per share forecasts for next year.

Althoughthe analysts have upgraded their earnings estimates, there was no change to the consensus price target of US$54.00, suggesting that the forecast performance does not have a long term impact on the company's valuation.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. It's pretty clear that there is an expectation that Plumas Bancorp's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 5.1% growth on an annualised basis. This is compared to a historical growth rate of 15% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 6.8% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Plumas Bancorp.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Plumas Bancorp following these results. Fortunately, they also upgraded their revenue estimates, although our data indicates it is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn't be too quick to come to a conclusion on Plumas Bancorp. Long-term earnings power is much more important than next year's profits. We have analyst estimates for Plumas Bancorp going out as far as 2026, and you can see them free on our platform here.

That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Plumas Bancorp , and understanding it should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.