PL Capital Advisors, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 17, 2024), PL Capital Advisors, LLC reported 28 stock positions worth $240.5 million. Its top holding was Banc of California (BANC) at 17.1% of the portfolio, followed by Enterprise Financial Service (EFSC, 12.0%) and First Merchants (FRME, 9.5%). Compared with Q1 2024, it opened 2 new positions, sold out of 5, added to 5 and reduced 4. The biggest buy was a new position in Community West Bancshares (CWBC) and the biggest sale an exit from Community West Bancshares (CWBC).

Most Recent 13F
Q2 2026
Location
NAPLES, FL
CIK
0001569147
Portfolio Value
$240.5M (Q2 2024)
SEC Filing
0000897069-24-001512 ↗ filed Jul 17, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $262.5M Q1 2024 Q2 2024: $240.5M $240.5M Q2 2024 Q3 2024: $280.9M Q3 2024 Q4 2024: $293.0M Q4 2024 Q1 2025: $297.7M Q1 2025 Q2 2025: $299.7M Q2 2025 Q3 2025: $301.4M Q3 2025 Q4 2025: $317.2M Q4 2025 Q1 2026: $331.6M Q1 2026 Q2 2026: $359.8M Q2 2026

Holdings 28 stocks · $240.5M
BANC Banc of California Inc. 17.13% 3,224,219 $41.2M No change
EFSC Enterprise Financial Service 11.97% 703,829 $28.8M No change
FRME First Merchants Corp. 9.50% 686,333 $22.8M No change
HBNC Horizon Bancorp Inc. 8.35% 1,623,174 $20.1M No change
FNB FNB Corp. 8.04% 1,412,765 $19.3M Reduce -12.6%
EVBN Evans Bancorp Inc. 7.07% 605,079 $17.0M Add +12.4%
OPOF Old Point Financial Corp. 4.40% 720,861 $10.6M Add +19.2%
FNWD Finward Bancorp 3.62% 354,822 $8.7M No change
IBCP Independent Bank Corp. - Mich 3.58% 318,985 $8.6M No change
CWBC Community West Bancshares 3.27% 425,551 $7.9M New
MBIN Merchants Bancorp 3.17% 188,294 $7.6M Add +2.7%
FISI Financial Institutions Inc. 2.80% 348,751 $6.7M Add +15.8%
FRBA First Bank/Hamilton NJ 2.54% 478,887 $6.1M No change
AGNC AGNC Investment Corp. 2.35% 593,372 $5.7M Reduce -7.8%
FRST Primis Financial Corp. 2.07% 475,241 $5.0M No change
ZION Zions Bancorp NA 1.80% 100,000 $4.3M No change
FLG New York Community Bancorp 1.26% 940,000 $3.0M No change
NLY Annaly Capital Management Inc. 1.21% 152,603 $2.9M No change
MGYR Magyar Bancorp Inc. 1.19% 254,557 $2.9M No change
PFS Provident Financial Services 0.80% 134,267 $1.9M New
IVR Invesco Mortgage Capital 0.78% 200,000 $1.9M No change
ABCB Ameris Bancorp 0.72% 34,245 $1.7M Reduce -56.4%
FITB Fifth Third Bancorp 0.67% 44,000 $1.6M No change
CMA Comerica Inc. 0.61% 28,750 $1.5M Add +352.8%
LUMENT FINANCE TRUST INC 0.36% 362,942 $871K Reduce -74.7%
CFBK CF Bankshares Inc. 0.29% 37,291 $700K No change
VLY Valley National Bancorp 0.29% 100,000 $698K No change
SBFG SB Financial Group Inc. filed as SB FINL GROUP INC 0.16% 28,159 $394K No change

Portfolio Sells Q1 2024 → Q2 2024
CWBC Community West Bancshares Sold out 0.00% −3.18
CFG Citizens Financial Group Sold out 0.00% −1.11
LUMENT FINANCE TRUST INC Reduce -74.7% 0.36% −1.00
LBAI Lakeland Bancorp Inc. Sold out 0.00% −0.74
ABCB Ameris Bancorp Reduce -56.4% 0.72% −0.73
FNB FNB Corp. Reduce -12.6% 8.04% −0.65
CVLY Codorus Valley Bancorp Inc. Sold out 0.00% −0.64
AGNC AGNC Investment Corp. Reduce -7.8% 2.35% −0.07
OSBC Old Second Bancorp Inc. Sold out 0.00% −0.04

Portfolio Buys Q1 2024 → Q2 2024
CWBC Community West Bancshares New 3.27% +3.27
EVBN Evans Bancorp Inc. Add +12.4% 7.07% +0.95
PFS Provident Financial Services New 0.80% +0.80
FISI Financial Institutions Inc. Add +15.8% 2.80% +0.64
CMA Comerica Inc. Add +352.8% 0.61% +0.48
OPOF Old Point Financial Corp. Add +19.2% 4.40% +0.31
MBIN Merchants Bancorp Add +2.7% 3.17% +0.16

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 31$359.8MFISI, BANC, EFSC, HBNC, FRME
Q1 2026 30$331.6MFISI, BANC, EFSC, HBNC, FRME
Q4 2025 26$317.2MBANC, FISI, EFSC, HBNC, FRME
Q3 2025 26$301.4MBANC, FISI, EFSC, HBNC, FRME
Q2 2025 25$299.7MBANC, EFSC, FISI, OPOF, FRME
Q1 2025 27$297.7MBANC, EFSC, FISI, FRME, EVBN
Q4 2024Amended 29$293.0MBANC, EFSC, FRME, EVBN, HBNC
Q3 2024 27$280.9MBANC, EFSC, FISI, FRME, EVBN
Q2 2024 28$240.5MBANC, EFSC, FRME, HBNC, FNB
Q1 2024 31$262.5MBANC, EFSC, FRME, FNB, HBNC