How many shares did PCB Bancorp repurchase in the first half of 2026?

PCB Bancorp repurchased and retired 150,439 shares at a weighted-average price of $25.23 per share, totaling $3.8 million for the six-month period ended June 30, 2026.

When does the current stock repurchase program expire?

The current stock repurchase program expires on July 31, 2026. As of the filing date (July 23, 2026), the company was authorized to repurchase an additional 69,087 shares under this expiring program.

How does the 2026 repurchase activity compare to 2025?

In 2025, PCB Bancorp repurchased 358,251 shares at a weighted-average price of $19.82, totaling $7.1 million. The first-half 2026 activity of $3.8 million reflects slower buyback pace, though the per-share price was higher due to stock appreciation.

What was PCB Bancorp's share price at the time of these repurchases?

The repurchases were executed at a weighted-average price of $25.23 per share. At June 30, 2026, the company's book value per common share was $28.40, indicating the shares were repurchased at a discount to book value.

Is PCB Bancorp announcing a new share repurchase authorization?

No new repurchase authorization is announced in this earnings release or 8-K filing. The disclosure focuses on execution under the existing program, which expires July 31, 2026, with no indication of a replacement program at this time.

How significant are these repurchases relative to PCB Bancorp's size?

The $3.8 million in repurchases during H1 2026 represents a small portion of the company's $20.99 million net income available to common shareholders for the period, and retired only about 1% of the company's approximately 14.1 million outstanding shares.

PCB 8-K Filed 2026-07-23 Execution disclosure

PCB Bancorp repurchased 150K shares at $25.23 in H1 2026

Bank holding company retired shares totaling $3.8M as prior $7.1M program enters final phase before July 31 expiration.

Shares repurchased150K

Avg price paid$25.23

MechanismRule 10b-18 open-market purcha

What the filing says

PCB Bancorp (NASDAQ: PCB) repurchased and retired 150,439 shares of common stock during the first half of 2026 at a weighted-average price of $25.23 per share, for a total outlay of $3.8 million. This represents a slower pace compared to the prior-year repurchase activity, during which the company retired 358,251 shares at a weighted-average price of $19.82 in 2025 for $7.1 million.

As of June 30, 2026, PCB Bancorp remained authorized to repurchase an additional 69,087 shares under its current stock repurchase program. However, this authorization expires on July 31, 2026—less than one month from the filing date—suggesting the company is nearing the end of the program's execution window. No new authorization is announced in this earnings release or accompanying 8-K filing.

The repurchases reflect modest capital deployment activity relative to the company's operational scale. PCB Bancorp reported total shareholders' equity of $400.5 million and net income available to common shareholders of $20.99 million for the six-month period ended June 30, 2026. The buyback activity was disclosed in the shareholders' equity section of the consolidated balance sheet and detailed in management's narrative under "Stock Repurchases."

During the current year-to-date period, the Company repurchased and retired 150,439 shares of common stock at a weighted-average price of $25.23, totaling $3.8 million. As of June 30, 2026, the Company is authorized to purchase 69,087 additional shares under its current stock repurchase program, which expires on July 31, 2026. — PCB BANCORP 8-K filing · View on SEC EDGAR →

What this means

PCB Bancorp's execution of $3.8 million in share repurchases during the first six months of 2026 represents modest capital returned to shareholders relative to the company's $390 million in shareholders' equity and $3.47 billion asset base. The repurchases retired just 150,439 shares from a base of approximately 14.1 million outstanding common shares, reducing share count by roughly 1%. The weighted-average price of $25.23 reflects market valuations near book value per share ($28.40 at period end), suggesting the repurchases were executed at modest discounts to tangible and reported book value. With the program set to expire July 31, 2026, the remaining 69,087 authorized shares represent only a modest additional buyback capacity unless the board authorizes a new program.

Frequently asked questions

How many shares did PCB Bancorp repurchase in the first half of 2026?: PCB Bancorp repurchased and retired 150,439 shares at a weighted-average price of $25.23 per share, totaling $3.8 million for the six-month period ended June 30, 2026.
When does the current stock repurchase program expire?: The current stock repurchase program expires on July 31, 2026. As of the filing date (July 23, 2026), the company was authorized to repurchase an additional 69,087 shares under this expiring program.
How does the 2026 repurchase activity compare to 2025?: In 2025, PCB Bancorp repurchased 358,251 shares at a weighted-average price of $19.82, totaling $7.1 million. The first-half 2026 activity of $3.8 million reflects slower buyback pace, though the per-share price was higher due to stock appreciation.
What was PCB Bancorp's share price at the time of these repurchases?: The repurchases were executed at a weighted-average price of $25.23 per share. At June 30, 2026, the company's book value per common share was $28.40, indicating the shares were repurchased at a discount to book value.
Is PCB Bancorp announcing a new share repurchase authorization?: No new repurchase authorization is announced in this earnings release or 8-K filing. The disclosure focuses on execution under the existing program, which expires July 31, 2026, with no indication of a replacement program at this time.
How significant are these repurchases relative to PCB Bancorp's size?: The $3.8 million in repurchases during H1 2026 represents a small portion of the company's $20.99 million net income available to common shareholders for the period, and retired only about 1% of the company's approximately 14.1 million outstanding shares.

execution community-bank rule-10b-18 expiring-authorization modest-buyback

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.