{"success":true,"data":{"pressRelease":{"id":"154591","rtpr_id":"nBw22wjhFa-20260928","ticker":"PCB","exchange":"NASDAQ","all_tickers":["PCB"],"title":"PCB Bancorp Announces Stock Repurchase Program","author":"Business Wire","published_at":"2026-09-28T20:30:00.252Z","article_body":"PCB Bancorp Announces Stock Repurchase Program\n\nPCB Bancorp (the “Company”) (NASDAQ: PCB), the holding company of PCB\nBank, announced that its Board of Directors approved a share repurchase\nprogram authorizing the Company to repurchase up to 700,000 shares of its\ncommon stock. Under the share repurchase program, the Company may purchase\nshares of its common stock through various means such as open market\ntransactions, including block purchases, and privately negotiated\ntransactions. The timing, manner, price and amount of any repurchases will be\ndetermined at the Company’s discretion. Factors include, but are not limited\nto, stock price, trading volume and general market conditions, along with the\nCompany’s general business conditions. The repurchase program is authorized\nthrough September 22, 2027, although it may be modified, discontinued, or\nsuspended at any time without prior notice. The repurchase program does not\nobligate the Company to purchase any specific number of shares of its common\nstock.\n\nAs part of the share repurchase program, the Company intends to enter into a\ntrading plan adopted in accordance with Rule 10b5-1 of the Exchange Act. The\n10b5-1 trading plan would permit common stock to be repurchased at a time that\nthe Company might otherwise be precluded from doing so under insider trading\nlaws or self-imposed trading restrictions. The 10b5-1 trading plan will be\nadministered by an independent broker and will be subject to price, market\nvolume and timing restrictions.\n\nAbout PCB Bancorp\n\nPCB Bancorp is the bank holding company for PCB Bank, a California state\nchartered bank, offering a full suite of commercial banking services to small\nto medium-sized businesses, individuals and professionals, primarily in\nSouthern California, and predominantly in Korean-American and other minority\ncommunities.\n\nCautionary Note Regarding Forward-Looking Statements\n\nThis press release contains forward-looking statements. These forward-looking\nstatements represent plans, estimates, objectives, goals, guidelines,\nexpectations, intentions, projections and statements of our beliefs concerning\nfuture events, business plans, objectives, expected operating results and the\nassumptions upon which those statements are based. Forward-looking statements\ninclude without limitation, any statement that may predict, forecast, indicate\nor imply future results, performance or achievements, and are typically\nidentified with words such as “may,” “could,” “should,”\n“will,” “would,” “believe,” “anticipate,” “estimate,”\n“expect,” “aim,” “intend,” “plan,” or words or phrases of\nsimilar meaning. We caution that forward-looking statements are based largely\non our expectations and are subject to a number of known and unknown risks and\nuncertainties that are subject to change based on factors which are, in many\ninstances, beyond our control, including but not limited to the health of the\nnational and local economies including the impact on the Company and its\ncustomers resulting from any adverse developments in real estate markets,\ninflation levels and interest rates; the impacts of the conflicts in the\nMiddle East on the national and global economies and markets; the impact of\ngovernmental monetary policy; any material weaknesses in the Company’s\ninternal control over financial reporting that we have identified or may\nidentify; the impacts of sanctions, tariffs and other trade policies of the\nUnited States and its global trading partners and tensions related to the\nsame; the Company’s ability to maintain and grow its deposit base; loan\ndemand and continued portfolio performance; the impact of adverse developments\nat other banks, including bank failures; changes to valuations of the\nCompany’s assets and liabilities including the allowance for credit losses,\nearning assets, and intangible assets; the ability of the Company to manage\nliquidity; changes in the availability of liquidity sources including\nborrowing lines and the ability to pledge or sell certain assets; the\nCompany's ability to attract and retain skilled employees; customers' service\nexpectations; cyber-security risks; the Company's ability to successfully\ndeploy new technology; acquisitions and branch and loan production office\nexpansions; operational risks including the ability to detect and prevent\nerrors and fraud; the effectiveness of the Company’s enterprise risk\nmanagement framework; litigation costs and outcomes; changes in laws, rules,\nregulations, or interpretations to which the Company is subject; the effects\nof severe weather events, pandemics, wildfires and other disasters, other\npublic health crises, acts of war or terrorism, and other external events on\nour business. These and other important factors are detailed in the\nCompany’s Annual Report on Form 10-K for the year ended December 31, 2025\nand other filings the Company makes with the SEC, which are available without\ncharge at the SEC’s website (http://www.sec.gov\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sec.gov&esheet=54612354&newsitemid=20260928430160&lan=en-US&anchor=http%3A%2F%2Fwww.sec.gov&index=1&md5=3f5986e3ca1746b6b99b1637a593a665)\n) and on the investor relations section of the Company’s website at\nwww.mypcbbank.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.mypcbbank.com&esheet=54612354&newsitemid=20260928430160&lan=en-US&anchor=www.mypcbbank.com&index=2&md5=150eb28212624f28ffcbb153b023cde1)\n. Actual results, performance or achievements could differ materially from\nthose contemplated, expressed, or implied by the forward-looking statements.\nAny forward-looking statements presented herein are made only as of the date\nof this press release, and the Company undertakes no obligation to update or\nrevise any forward-looking statements to reflect changes in assumptions, the\noccurrence of unanticipated events, or otherwise, except as required by law.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260928430160/en/\n(https://www.businesswire.com/news/home/20260928430160/en/)\n\nTimothy Chang\n\nSenior Executive Vice President & Chief Financial Officer\n\n213-210-2000\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw22wjhFa-20260928","title":"PCB Bancorp Announces Stock Repurchase Program","author":"Business Wire","ticker":"PCB","created":"2026-09-28T20:30:00.252Z","tickers":["PCB"],"exchange":"NASDAQ","article_body":"PCB Bancorp Announces Stock Repurchase Program\n\nPCB Bancorp (the “Company”) (NASDAQ: PCB), the holding company of PCB\nBank, announced that its Board of Directors approved a share repurchase\nprogram authorizing the Company to repurchase up to 700,000 shares of its\ncommon stock. Under the share repurchase program, the Company may purchase\nshares of its common stock through various means such as open market\ntransactions, including block purchases, and privately negotiated\ntransactions. The timing, manner, price and amount of any repurchases will be\ndetermined at the Company’s discretion. Factors include, but are not limited\nto, stock price, trading volume and general market conditions, along with the\nCompany’s general business conditions. The repurchase program is authorized\nthrough September 22, 2027, although it may be modified, discontinued, or\nsuspended at any time without prior notice. The repurchase program does not\nobligate the Company to purchase any specific number of shares of its common\nstock.\n\nAs part of the share repurchase program, the Company intends to enter into a\ntrading plan adopted in accordance with Rule 10b5-1 of the Exchange Act. The\n10b5-1 trading plan would permit common stock to be repurchased at a time that\nthe Company might otherwise be precluded from doing so under insider trading\nlaws or self-imposed trading restrictions. The 10b5-1 trading plan will be\nadministered by an independent broker and will be subject to price, market\nvolume and timing restrictions.\n\nAbout PCB Bancorp\n\nPCB Bancorp is the bank holding company for PCB Bank, a California state\nchartered bank, offering a full suite of commercial banking services to small\nto medium-sized businesses, individuals and professionals, primarily in\nSouthern California, and predominantly in Korean-American and other minority\ncommunities.\n\nCautionary Note Regarding Forward-Looking Statements\n\nThis press release contains forward-looking statements. These forward-looking\nstatements represent plans, estimates, objectives, goals, guidelines,\nexpectations, intentions, projections and statements of our beliefs concerning\nfuture events, business plans, objectives, expected operating results and the\nassumptions upon which those statements are based. Forward-looking statements\ninclude without limitation, any statement that may predict, forecast, indicate\nor imply future results, performance or achievements, and are typically\nidentified with words such as “may,” “could,” “should,”\n“will,” “would,” “believe,” “anticipate,” “estimate,”\n“expect,” “aim,” “intend,” “plan,” or words or phrases of\nsimilar meaning. We caution that forward-looking statements are based largely\non our expectations and are subject to a number of known and unknown risks and\nuncertainties that are subject to change based on factors which are, in many\ninstances, beyond our control, including but not limited to the health of the\nnational and local economies including the impact on the Company and its\ncustomers resulting from any adverse developments in real estate markets,\ninflation levels and interest rates; the impacts of the conflicts in the\nMiddle East on the national and global economies and markets; the impact of\ngovernmental monetary policy; any material weaknesses in the Company’s\ninternal control over financial reporting that we have identified or may\nidentify; the impacts of sanctions, tariffs and other trade policies of the\nUnited States and its global trading partners and tensions related to the\nsame; the Company’s ability to maintain and grow its deposit base; loan\ndemand and continued portfolio performance; the impact of adverse developments\nat other banks, including bank failures; changes to valuations of the\nCompany’s assets and liabilities including the allowance for credit losses,\nearning assets, and intangible assets; the ability of the Company to manage\nliquidity; changes in the availability of liquidity sources including\nborrowing lines and the ability to pledge or sell certain assets; the\nCompany's ability to attract and retain skilled employees; customers' service\nexpectations; cyber-security risks; the Company's ability to successfully\ndeploy new technology; acquisitions and branch and loan production office\nexpansions; operational risks including the ability to detect and prevent\nerrors and fraud; the effectiveness of the Company’s enterprise risk\nmanagement framework; litigation costs and outcomes; changes in laws, rules,\nregulations, or interpretations to which the Company is subject; the effects\nof severe weather events, pandemics, wildfires and other disasters, other\npublic health crises, acts of war or terrorism, and other external events on\nour business. These and other important factors are detailed in the\nCompany’s Annual Report on Form 10-K for the year ended December 31, 2025\nand other filings the Company makes with the SEC, which are available without\ncharge at the SEC’s website (http://www.sec.gov\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sec.gov&esheet=54612354&newsitemid=20260928430160&lan=en-US&anchor=http%3A%2F%2Fwww.sec.gov&index=1&md5=3f5986e3ca1746b6b99b1637a593a665)\n) and on the investor relations section of the Company’s website at\nwww.mypcbbank.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.mypcbbank.com&esheet=54612354&newsitemid=20260928430160&lan=en-US&anchor=www.mypcbbank.com&index=2&md5=150eb28212624f28ffcbb153b023cde1)\n. Actual results, performance or achievements could differ materially from\nthose contemplated, expressed, or implied by the forward-looking statements.\nAny forward-looking statements presented herein are made only as of the date\nof this press release, and the Company undertakes no obligation to update or\nrevise any forward-looking statements to reflect changes in assumptions, the\noccurrence of unanticipated events, or otherwise, except as required by law.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260928430160/en/\n(https://www.businesswire.com/news/home/20260928430160/en/)\n\nTimothy Chang\n\nSenior Executive Vice President & Chief Financial Officer\n\n213-210-2000\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-09-28T20:30:00.329290762Z","server_sent_at_ms":1790627400329},"received_at":"2026-09-28T20:30:00.586Z","source_url":"https://www.businesswire.com/news/home/20260928430160/en/"},"analysis":{"id":"143346","press_release_id":"154591","analysis_json":{"industry":{"label":"Banks","sector":"Financials"},"redFlags":[],"eventType":"buyback","narrative":"PCB Bancorp's board approved a share repurchase program authorizing the buyback of up to 700,000 shares of common stock through September 22, 2027.\n\nRepurchases may occur via open market, block, or privately negotiated transactions, and the company intends to adopt a Rule 10b5-1 trading plan administered by an independent broker.\n\nThe program is discretionary and can be modified or suspended at any time, so it signals capital-return intent rather than a firm commitment.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Small-cap bank authorizes modest 700,000-share buyback with 10b5-1 plan -- routine capital-return signal."},"keyFigures":{"customDimensions":{"shares_authorized":700000,"program_expiration":"September 22, 2027"}},"quotedText":"approved a share repurchase program authorizing the Company to repurchase up to 700,000 shares of its common stock","namedEntities":{"people":[{"name":"Timothy Chang","role":"Senior Executive Vice President & Chief Financial Officer"}],"products":[],"companies":[{"name":"PCB Bancorp","ticker":"PCB","relationship":"filer"},{"name":"PCB Bank","relationship":"subsidiary"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Routine buyback authorization of up to 700,000 shares for a small-cap bank holding company. Discretionary, no obligation to repurchase, modest capital-return signal."},"tickerRelevance":{"others":[],"primary":"PCB"},"globalImportance":18,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap regional bank","eventGravity":"routine buyback authorization","householdBrandBoost":0,"retailFavoriteBoost":0}},"event_type":"buyback","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"PCB Bancorp's board approved a share repurchase program authorizing the buyback of up to 700,000 shares of common stock through September 22, 2027.\n\nRepurchases may occur via open market, block, or privately negotiated transactions, and the company intends to adopt a Rule 10b5-1 trading plan administered by an independent broker.\n\nThe program is discretionary and can be modified or suspended at any time, so it signals capital-return intent rather than a firm commitment.","key_figures":{"customDimensions":{"shares_authorized":700000,"program_expiration":"September 22, 2027"}},"named_entities":{"people":[{"name":"Timothy Chang","role":"Senior Executive Vice President & Chief Financial Officer"}],"products":[],"companies":[{"name":"PCB Bancorp","ticker":"PCB","relationship":"filer"},{"name":"PCB Bank","relationship":"subsidiary"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-28T20:30:04.774Z","global_importance":18,"audience_relevance":15,"importance_components":{"tickerTier":"micro-cap regional bank","eventGravity":"routine buyback authorization","householdBrandBoost":0,"retailFavoriteBoost":0}},"durationMs":4111,"modelName":"glm-5.3-flashx"}}