Plumas Bancorp

AI-generated fair value estimate for this company.

Method: Justified price-to-book model: normalized ROE of 15% (reflecting the pre-acquisition run-rate of 17.2% in FY2024 moderated slightly for integration risk, vs. FY2025's temporarily-diluted 13.6%), cost of equity 10% (small community bank), terminal growth 4% -> justified P/B = (0.15-0.04)/(0.10-0.04) = 1.83x; applied to book value per share of $37.52 (FY2025-end) x 6.96M shares

Reasoning: Plumas Bancorp's FY2025 ROE/ROA were temporarily diluted by the July 2025 Cornerstone Community Bancorp acquisition (added $658M in assets, equity up 46.8% YoY), but TTM figures already show re-acceleration (net income +23.2%, revenue +27.2%) as the deal is integrated. DCF value of ~$479M is modestly above the ~$436M market cap, consistent with the stock trading near 52-week highs