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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 | 11.7% | 16.1% | 45.1% |
| 2024 | $100M | - | $26M | $35M | 8.8% | 0.5% | -15.9% |
| 2023 | $99M | - | $31M | $62M | 11.0% | -4.7% | -12.2% |
| 2022 | $104M | - | $35M | $52M | 13.1% | - | - |
| 2021 | - | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 104.13 | 99.19 | 99.71 | 115.71 |
| Operating Revenue | - | 104.13 | 99.19 | 99.71 | 115.71 |
| Selling General And Administration | - | 35.91 | 37.66 | 38.45 | 39.56 |
| Interest Income | - | 101.75 | 151.18 | 180.82 | 197.54 |
| Interest Expense | - | 12.12 | 62.67 | 92.20 | 93.66 |
| Net Interest Income | - | 89.63 | 88.50 | 88.62 | 103.88 |
| Pretax Income | - | 49.40 | 43.26 | 36.29 | 52.49 |
| Tax Provision | - | 14.42 | 12.56 | 10.48 | 15.04 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 34.99 | 30.70 | 25.81 | 37.45 |
| Net Income From Continuing And Discontinued Operation | - | 34.99 | 30.70 | 25.81 | 37.45 |
| Net Income From Continuing Operation Net Minority Interest | - | 34.99 | 30.70 | 25.81 | 37.45 |
| Net Income | - | 34.99 | 30.70 | 25.81 | 37.45 |
| Net Income Common Stockholders | - | 34.83 | 30.61 | 24.93 | 36.86 |
| Net Income Including Noncontrolling Interests | - | 34.99 | 30.70 | 25.81 | 37.45 |
| Normalized Income | - | 34.99 | 30.70 | 25.81 | 37.45 |
| Diluted NI Availto Com Stockholders | - | 34.83 | 30.61 | 24.93 | 36.86 |
| Basic Average Shares | - | 14.83 | 14.30 | 14.24 | 14.20 |
| Diluted Average Shares | - | 15.08 | 14.42 | 14.34 | 14.28 |
| Reconciled Depreciation | - | 3.73 | 4.07 | 4.02 | 4.29 |
| Preferred Stock Dividends | - | - | - | 0.83 | 0.30 |
| Gain On Sale Of Security | 0 | - | - | - | - |
| General And Administrative Expense | - | 33.76 | 35.33 | 36.57 | 37.45 |
| Other Gand A | 2.11 | - | - | - | - |
| Salaries And Wages | - | 33.76 | 35.33 | 36.57 | 37.45 |
| Selling And Marketing Expense | - | 2.15 | 2.33 | 1.89 | 2.12 |
| Otherunder Preferred Stock Dividend | - | 0.16 | 0.10 | 0.05 | 0.30 |
| 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 | $353M | 9.44↓ discount | 1.10 | 11.7% | - |
| Primis Financial Corp. | FRST | $370M | 6.02 | 0.88 | 14.5% | - |
| Parke Bancorp, Inc. | PKBK | $365M | 9.67 | 1.13 | 11.7% | - |
| MVB Financial Corp. | MVBF | $347M | 12.90 | 1.04 | 8.1% | - |
| BayCom Corp | BCML | $342M | 14.31 | 1.01 |
| - |
| - |
| - |
| 7.1% |
| - |
| Northeast Community Bancorp, Inc. | NECB | $340M | 7.65 | 0.97 | 12.6% | - |
| USCB Financial Holdings, Inc. | USCB | $340M | 13.01 | 1.56 | 12.0% | - |
| Avidbank Holdings, Inc. | AVBH | $338M | -17.30 | 1.20 | -7.0% | - |
| Chemung Financial Corporation | CHMG | $336M | 22.26 | 1.32 | 5.9% | - |
| Peer Median | - | 11.28 | 1.08 | 9.9% | - | |