PLUMAS BANCORP ANNOUNCES STOCK REPURCHASE PROGRAM

Rhea-AI Summary

Plumas Bancorp (NASDAQ:PLBC) announced a stock repurchase program authorizing up to $25 million of its common stock through the fourth quarter of 2026. Repurchases may occur via open market purchases, privately negotiated transactions, block trades, or other permitted means.

The Company said repurchases will be funded using available cash and retained earnings, with timing, number, and value dependent on market conditions, capital availability, and other corporate considerations. The program may be suspended, modified, or discontinued at the Company’s discretion; there is no guarantee of pricing or total shares repurchased.

Positive

• Board authorized a $25 million repurchase program through Q4 2026
• Repurchases may be executed via open market, negotiated, or block trades
• Repurchases will be funded with available cash and retained earnings

Negative

• No guarantee on pricing or number of shares repurchased
• Program may be suspended, modified, or discontinued at any time
• Timing and volume depend on market conditions and capital availability

News Market Reaction

+3.69%

1 alert

+3.69% News Effect

+$13M Valuation Impact

$364M Market Cap

0.2x Rel. Volume

On the day this news was published, PLBC gained 3.69%, reflecting a moderate positive market reaction. This price movement added approximately $13M to the company's valuation, bringing the market cap to $364M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Repurchase authorization: $25 million

1 metrics

Repurchase authorization $25 million Maximum common stock buybacks authorized through Q4 2026

Market Reality Check

Price: $52.65 Vol: Volume 27,436 vs 20-day a...

high vol

$52.65 Last Close

Volume Volume 27,436 vs 20-day average 16,446 (relative volume 1.67x) ahead of the buyback news. high

Technical Price at $50.11, trading above 200-day MA of $43.50 and 3.65% below 52-week high of $52.01.

Peers on Argus

Regional bank peers listed show gains between 1.8% and 9.69%, while the momentum...

1 Down

Regional bank peers listed show gains between 1.8% and 9.69%, while the momentum scanner flags only PDLB moving -4.65%. With the target’s direction unspecified, the buyback appears more company-specific than part of a clear sector-wide move.

Historical Context

5 past events · Latest: Jan 22 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 22	Dividend declaration	Positive	+0.8%	Announced regular quarterly cash dividend of $0.33 per share.
Jan 21	Earnings release	Positive	+11.4%	Reported higher Q4 and full-year 2025 net income and strong loan growth.
Jan 02	Leadership changes	Neutral	-1.7%	Announced new credit leadership roles and executive transitions.
Oct 16	Dividend declaration	Positive	-1.6%	Declared regular quarterly cash dividend of $0.30 per share.
Oct 15	Earnings release	Negative	+0.1%	Reported Q3 2025 earnings decline versus prior year amid higher expenses.

Pattern Detected

Recent positive capital actions (dividends, strong earnings) have often seen modestly positive price reactions, suggesting supportive sentiment to shareholder-return announcements.

Recent Company History

Over the last few months, PLBC reported several shareholder-friendly developments. A $0.33 quarterly dividend on Jan 22, 2026 and prior dividend increases were accompanied by modest price gains. Earnings on Jan 21, 2026 showed higher net income and balance sheet growth, drawing a double-digit positive reaction. Leadership changes and prior earnings in late 2025 had smaller, mixed price moves. Today’s buyback authorization fits into this pattern of ongoing capital return and balance sheet expansion.

Market Pulse Summary

This announcement introduces a stock repurchase program authorizing up to $25 million of buybacks th...

Analysis

This announcement introduces a stock repurchase program authorizing up to $25 million of buybacks through Q4 2026, adding to recent shareholder-friendly steps like higher dividends and solid 2025 earnings. Investors may track actual repurchase activity, capital ratios, and future earnings to gauge how effectively this tool supports per-share metrics. Attention to regulatory filings and subsequent capital actions can help clarify how the program complements ongoing balance sheet growth.

Key Terms

stock repurchase program, open market purchases, block trades, retained earnings

4 terms

stock repurchase program financial

"authorized a stock repurchase program under which the Company may repurchase"

A stock repurchase program is when a company buys back its own shares from the market. This can make each remaining share more valuable and shows that the company believes its stock is a good investment. It’s like a business treating its shares like a limited resource, hoping to boost confidence and share prices.

open market purchases financial

"Repurchases may be executed through open market purchases, privately negotiated"

Open market purchases are buys of a company’s shares (or other securities) made on public exchanges at prevailing market prices rather than through private deals. For investors this matters because when a company buys back its own stock it reduces the number of shares available, which can boost per-share earnings and often signals management’s confidence; it also affects supply, demand and short-term liquidity much like someone quietly buying up items from a crowded marketplace.

block trades financial

"privately negotiated transactions, block trades, or other means in accordance"

A block trade is a single, large buy or sell of shares or bonds arranged privately between big traders rather than piecemeal on the public market. Think of it like buying a whole shipment at once instead of many small shopping trips; it lets large holders move big positions with less immediate disruption but can signal strong buying or selling pressure and cause price swings once the trade is known, so investors watch block trades for clues about market sentiment and liquidity.

retained earnings financial

"intends to fund the repurchases using available cash and retained earnings."

Retained earnings are the cumulative portion of a company's profits that management keeps instead of distributing to shareholders as dividends; they appear on the balance sheet as part of owners’ value. For investors, retained earnings matter because they act like a company’s savings account—funding growth, paying down debt, or supporting future dividends—and their size and changes reveal how profitable the business has been and how management chooses to use those profits.

AI-generated analysis. Not financial advice.

RENO, Nev., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq:PLBC) (the “Company”), the parent company of Plumas Bank, today announced that its Board of Directors has authorized a stock repurchase program under which the Company may repurchase up to $25 million of its outstanding common stock through the fourth quarter of 2026.

Repurchases may be executed through open market purchases, privately negotiated transactions, block trades, or other means in accordance with applicable securities laws. The actual timing, number, and value of shares repurchased will depend on a variety of factors, including market conditions, capital availability, and other corporate considerations.

“This repurchase program reflects our strong capital position, commitment to disciplined capital management and our confidence in the long-term outlook for the Company,” said Andrew J. Ryback, President and Chief Executive Officer of Plumas Bancorp. “We remain focused on supporting our clients, maintaining regulatory capital requirements, and delivering long term shareholder value.”

The Company intends to fund the repurchases using available cash and retained earnings. There is no guarantee as to pricing or the number of shares the Company may repurchase. The program may be suspended, modified, or discontinued at any time at the Company’s discretion.

About Plumas Bancorp

Plumas Bancorp is headquartered in Reno, Nevada. Plumas Bancorp’s principal subsidiary is Plumas Bank, which was founded in 1980. Plumas Bank is a full-service community bank headquartered in Quincy, California. The bank operates nineteen branches: seventeen located in the California counties of Butte, Lassen, Modoc, Nevada, Placer, Plumas, Shasta, Sutter, and Tehama and two branches located in Nevada in the counties of Carson City and Washoe. The bank also operates two loan production offices located in Auburn, California and Klamath Falls, Oregon. Plumas Bank offers a wide range of financial and investment services to consumers and businesses and has received nationwide Preferred Lender status with the United States Small Business Administration. For more information on Plumas Bancorp and Plumas Bank, please visit our website at www.plumasbank.com.

Cautionary Note Regarding Forward-Looking Statements

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended and Plumas Bancorp intends for such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Future events are difficult to predict, and the expectations described above are necessarily subject to risk and uncertainty that may cause actual results to differ materially and adversely.

Forward-looking statements include information concerning the timing, manner, amount, and overall impact of any future purchases under the repurchase program and other statements other than statements of historical facts. Forward-looking statements often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate," or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," or "may." These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. Forward-looking statements involve significant risks and uncertainties, and actual results may differ materially from those presented, either expressed or implied, in this news release. Factors that might cause such differences include, but are not limited to: the Company's ability to successfully execute its business plans and achieve its objectives; changes in general economic and financial market conditions, either nationally or locally in areas in which the Company conducts its operations; changes in interest rates; changes in management’s assessment of the Company’s capital needs; new litigation or changes in existing litigation; increased competitive challenges and expanding product and pricing pressures among financial institutions; legislation or regulatory changes which adversely affect the Company's operations or business; loss of key personnel; and changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies. For a discussion of these risks and other factors, please see the sections titled “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and any subsequent quarterly reports on Form 10-Q, and in other documents the Company files with the Securities and Exchange Commission from time to time.

Contact: Jamie Huynh
Investor Relations
Plumas Bancorp
5525 Kietzke Lane Ste. 100
Reno, NV 89511
775.786.0907 x8908
investorrelations@plumasbank.com

FAQ

What did Plumas Bancorp (PLBC) announce on February 2, 2026 about share repurchases?

Plumas Bancorp authorized a repurchase program of up to $25 million through Q4 2026. According to the company, repurchases may be executed via open market, negotiated transactions, block trades, or other permitted means depending on conditions.

How will Plumas Bancorp (PLBC) fund the $25 million buyback program announced Feb 2, 2026?

The company intends to fund the repurchases using available cash and retained earnings. According to the company, funding is subject to capital availability and regulatory capital requirements before any repurchases occur.

Will Plumas Bancorp (PLBC) guarantee the number or price of shares repurchased under the Feb 2, 2026 program?

No, there is no guarantee on the price or number of shares repurchased. According to the company, actual timing and volume will depend on market conditions, capital availability, and other corporate considerations.

What methods can Plumas Bancorp (PLBC) use to execute repurchases under the Feb 2, 2026 program?

Repurchases may be executed through open market purchases, privately negotiated transactions, block trades, or other means. According to the company, all repurchases will comply with applicable securities laws and regulations.

Can Plumas Bancorp (PLBC) stop or change the $25 million repurchase program announced Feb 2, 2026?

Yes. The program may be suspended, modified, or discontinued at any time at the company’s discretion. According to the company, actions will reflect capital management priorities and regulatory requirements.