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PCB Bancorp operates as the bank holding company for PCB Bank that provides various banking products and services to small and middle market businesses and individuals in the United States. The company offers demand, savings, money market, time deposits, and certificates of deposit; and remote deposit capture, courier deposit and positive pay services, zero balance accounts, and sweep accounts. It also provides real estate loans, including commercial and residential, small business administration (SBA), multifamily, business property, and construction loans; commercial and industrial loans, such as commercial term and lines of credit, and SBA commercial term, trade finance, home, and mortgage warehouse; consumer loans comprising residential mortgage and other consumer loans; and automobile loans, unsecured lines of credit, and term loans. In addition, the company offers access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; and mobile banking solutions, including remote check deposit and mobile bill pay. Further, it provides automated teller machines; cash management, debit and credit card, and online and mobile banking; and banking by telephone, mail, personal appointment, debit cards, direct deposit, and cashier's checks, as well as treasury management, wire transfer, and automated clearing house services. It operates through full-service branches and loan production offices. The company was formerly known as Pacific City Financial Corporation and changed its name to PCB Bancorp in July 2019. PCB Bancorp was founded in 2003 and is headquartered in Los Angeles, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $116M | - | $37M | $24M | 9.6% | 16.1% | 45.1% |
| 2024 | $100M | - | $26M | $35M | 7.1% | 0.5% | -15.9% |
| 2023 | $99M | - | $31M | $62M | 8.8% | -4.7% | -12.2% |
| 2022 | $104M | - | $35M | $52M | 10.4% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 104.13 | 99.19 | 99.71 | 115.71 |
| Pretax Income | 49.40 | 43.26 | 36.29 | 52.49 |
| Tax Provision | 14.42 | 12.56 | 10.48 | 15.04 |
| Net Income | 34.99 | 30.70 | 25.81 | 37.45 |
| Net Income Common Stockholders | 34.83 | 30.61 | 24.93 | 36.86 |
| Interest Expense | 12.12 | 62.67 | 92.20 | 93.66 |
| Interest Income | 101.75 | 151.18 | 180.82 | 197.54 |
| Selling General And Administration | 35.91 | 37.66 | 38.45 | 39.56 |
| Normalized Income | 34.99 | 30.70 | 25.81 | 37.45 |
| Basic EPS | 2.35 | 2.14 | 1.75 | 2.59 |
| Diluted EPS | 2.31 | 2.12 | 1.74 | 2.58 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0.29 | 0.29 | 0.29 | 0.29 |
| Net Income From Continuing Operation Net Minority Interest | 34.99 | 30.70 | 25.81 | 37.45 |
| Reconciled Depreciation | 3.73 | 4.07 | 4.02 | 4.29 |
| Net Interest Income | 89.63 | 88.50 | 88.62 | 103.88 |
| Net Income From Continuing And Discontinued Operation | 34.99 | 30.70 | 25.81 | 37.45 |
| Diluted Average Shares | 15.08 | 14.42 | 14.34 | 14.28 |
| Basic Average Shares | 14.83 | 14.30 | 14.24 | 14.20 |
| Diluted NI Availto Com Stockholders | 34.83 | 30.61 | 24.93 | 36.86 |
| Otherunder Preferred Stock Dividend | 0.16 | 0.10 | 0.05 | 0.30 |
| Preferred Stock Dividends | 0 | 0 | 0.83 | 0.30 |
| Net Income Including Noncontrolling Interests | 34.99 | 30.70 | 25.81 | 37.45 |
| Net Income Continuous Operations | 34.99 | 30.70 | 25.81 | 37.45 |
| Gain On Sale Of Security | 0 | 0 | 0 | 0 |
| Selling And Marketing Expense | 2.15 | 2.33 | 1.89 | 2.12 |
| General And Administrative Expense | 33.76 | 35.33 | 36.57 | 37.45 |
| Other Gand A | 0 | 0 | 0 | 0 |
| Salaries And Wages | 33.76 | 35.33 | 36.57 | 37.45 |
| Operating Revenue | 104.13 | 99.19 | 99.71 | 115.71 |
| Occupancy And Equipment | 6.48 | 7.92 | 9.12 | 9.24 |
| Professional Expense And Contract Services Expense | 2.24 | 3.09 | 3.41 | 2.81 |
| Other Non Interest Expense | 6.49 | 7.39 | 9.04 | 7.58 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| PCB Bancorpthis co. | PCB | $343M | 8.65↓ discount | 1.06 | 9.6% | - |
| Primis Financial Corp. | FRST | $361M | 7.68 | 0.85 | -4.4% | - |
| Parke Bancorp, Inc. | PKBK | $356M | 8.59 | 1.05 | 11.6% | - |
| Plumas Bancorp | PLBC | $355M | 10.78 | 1.36 | 11.3% | - |
| Pioneer Bancorp, Inc. | PBFS | $343M | 16.93 | 1.06 |
| 6.3% |
| - |
| USCB Financial Holdings, Inc. | USCB | $336M | 12.52 | 1.54 | 12.0% | - |
| Northeast Community Bancorp, Inc. | NECB | $336M | 7.47 | 0.86 | 12.6% | - |
| MVB Financial Corp. | MVBF | $332M | 12.53 | 0.98 | 8.1% | - |
| Waterstone Financial, Inc. | WSBF | $325M | 10.86 | 0.90 | 7.6% | - |
| Peer Median | - | 10.82 | 1.02 | 9.7% | - | |