PCB Bancorp Faces Nasdaq Non-Compliance Notice

PCB Bancorp ( (PCB) ) has issued an announcement.

On May 22, 2025, PCB Bancorp received a notice from Nasdaq indicating non-compliance with the Nasdaq Listing Rule 5250(c)(1) due to the delayed filing of its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. This notice does not immediately affect the company’s stock listing or trading on Nasdaq, and PCB Bancorp plans to file the report promptly and submit a compliance plan within the 60-day deadline. The delay is attributed to the need for additional time to assess a Securities Purchase Option Agreement related to its Series C Preferred Stock. If Nasdaq accepts the compliance plan, PCB Bancorp may receive up to 180 days to regain compliance, with potential implications for its stock listing if further delays occur.

The most recent analyst rating on (PCB) stock is a Hold with a $23.00 price target. To see the full list of analyst forecasts on PCB Bancorp stock, see the PCB Stock Forecast page.

Spark’s Take on PCB Stock

According to Spark, TipRanks’ AI Analyst, PCB is a Outperform.

PCB Bancorp demonstrates a robust financial foundation with effective revenue management and a strong equity position. Despite some challenges with net income and cash flow consistency, the company’s valuation is appealing, supported by a reasonable P/E ratio and attractive dividend yield. The recent positive corporate event further bolsters confidence in its growth trajectory.

To see Spark’s full report on PCB stock, click here.

More about PCB Bancorp

PCB Bancorp is a bank holding company for PCB Bank, a California state-chartered bank that provides a comprehensive range of commercial banking services to small to medium-sized businesses, individuals, and professionals, primarily in Southern California, with a focus on Korean-American and other minority communities.

Average Trading Volume: 35,865

Technical Sentiment Signal: Strong Buy

Current Market Cap: $284.9M

Learn more about PCB stock on TipRanks’ Stock Analysis page.