Filing Flows › PCB Bancorp (PCB) › Q1 2026
PCB Bancorp (PCB) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
PCB Bancorp (PCB) reported revenue of $30.2M for the first quarter 2026 (Q1 2026), +12% from a year earlier and +3% from the quarter before. Operating margin was 49.4%, net earnings $10.7M (35.3% of revenue).
PCB Bancorp, Q1 2026: revenue $30.2M (+12% year over year), operating margin 49.4%, net earnings $10.7M, operating cash flow $20.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $30.2M | +3% | +12% |
| Operating profit | $14.9M | +14% | +38% |
| Net earnings | $10.7M | +15% | +38% |
| Operating cash flow | $20.7M | +607% | +781% |
| Free cash flow | $20.6M | +637% | 13× |
What changed
Revenue was $30.2M in Q1 2026, up 12% year over year and up 3% from the previous quarter.
Operating profit was $14.9M, a 49.4% margin (up 9.2 points year over year). Of the extra revenue versus Q1 2025, 124% reached operating profit, above the 40% margin then. Total costs fell 5% while revenue rose 12%. Net earnings were $10.7M, up 38% year over year. The effective tax rate was 28.5%.
Operating cash flow was $20.7M (up 781% year over year), 194% of net earnings. Non-cash charges added back $523K of depreciation and $230K of share-based compensation. Working capital and other items added $9.3M. Capital expenditures of $28K left free cash flow of $20.6M.
Questions
What was PCB Bancorp's revenue in the first quarter 2026?
PCB Bancorp (PCB) reported revenue of $30.2M for the first quarter 2026 (Q1 2026), +12% from a year earlier and +3% from the quarter before.
Was PCB Bancorp profitable in the first quarter 2026?
Operating profit was $14.9M (49.4% of revenue) and net earnings $10.7M.
Source: PCB Bancorp 10-Q on SEC EDGAR.