PL Capital Advisors, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 29, 2024), PL Capital Advisors, LLC reported 27 stock positions worth $280.9 million. Its top holding was Banc of California (BANC) at 15.9% of the portfolio, followed by Enterprise Financial Service (EFSC, 12.8%) and Financial Institutions (FISI, 10.4%). Compared with Q2 2024, it opened 1 new position, sold out of 2, added to 3 and reduced 3. The biggest buy was Financial Institutions (FISI, shares +408%) and the biggest sale an exit from FNB (FNB).

Most Recent 13F
Q2 2026
Location
NAPLES, FL
CIK
0001569147
Portfolio Value
$280.9M (Q3 2024)
SEC Filing
0000897069-24-002064 ↗ filed Oct 29, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $262.5M Q1 2024 Q2 2024: $240.5M Q2 2024 Q3 2024: $280.9M $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 27 stocks · $280.9M
BANC Banc of California Inc. 15.86% 3,024,219 $44.5M Reduce -6.2%
EFSC Enterprise Financial Service 12.85% 703,829 $36.1M No change
FISI Financial Institutions Inc. 10.35% 1,771,516 $29.1M Add +408.0%
FRME First Merchants Corp. 9.09% 686,333 $25.5M No change
EVBN Evans Bancorp Inc. 8.49% 611,759 $23.8M Add +1.1%
HBNC Horizon Bancorp Inc. 8.16% 1,473,174 $22.9M Reduce -9.2%
OPOF Old Point Financial Corp. 4.96% 720,861 $13.9M No change
FNWD Finward Bancorp 4.04% 354,822 $11.3M No change
IBCP Independent Bank Corp. - Mich 3.79% 318,985 $10.6M No change
MBIN Merchants Bancorp 3.01% 188,294 $8.5M No change
CWBC Community West Bancshares 2.92% 425,551 $8.2M No change
FRBA First Bank/Hamilton NJ 2.59% 478,887 $7.3M No change
AGNC AGNC Investment Corp. 2.21% 593,372 $6.2M No change
FRST Primis Financial Corp. 2.06% 475,241 $5.8M No change
IVR Invesco Mortgage Capital 1.34% 400,000 $3.8M Add +100.0%
FLG New York Community Bancorp 1.25% 313,332 $3.5M No change
MGYR Magyar Bancorp Inc. 1.12% 254,557 $3.1M No change
NLY Annaly Capital Management Inc. 1.09% 152,603 $3.1M No change
PFS Provident Financial Services 0.89% 134,267 $2.5M No change
ORRF Orrstown Finl Services Inc. 0.82% 64,356 $2.3M New
ABCB Ameris Bancorp 0.76% 34,245 $2.1M No change
FITB Fifth Third Bancorp 0.67% 44,000 $1.9M No change
CMA Comerica Inc. 0.61% 28,750 $1.7M No change
VLY Valley National Bancorp 0.32% 100,000 $906K No change
CFBK CF Bankshares Inc. 0.29% 37,291 $807K No change
LUMENT FINANCE TRUST INC 0.26% 286,148 $724K Reduce -21.2%
SBFG SB Financial Group Inc. filed as SB FINL GROUP INC 0.21% 28,159 $579K No change

Portfolio Sells Q2 2024 → Q3 2024
FNB FNB Corp. Sold out 0.00% −8.04
ZION Zions Bancorp NA Sold out 0.00% −1.80
BANC Banc of California Inc. Reduce -6.2% 15.86% −1.27
HBNC Horizon Bancorp Inc. Reduce -9.2% 8.16% −0.19
LUMENT FINANCE TRUST INC Reduce -21.2% 0.26% −0.10

Portfolio Buys Q2 2024 → Q3 2024
FISI Financial Institutions Inc. Add +408.0% 10.35% +7.55
EVBN Evans Bancorp Inc. Add +1.1% 8.49% +1.42
ORRF Orrstown Finl Services Inc. New 0.82% +0.82
IVR Invesco Mortgage Capital Add +100.0% 1.34% +0.56

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