FCB Financial Holdings, Inc. (NYSE:FCB) is scheduled to be releasing its earnings data after the market closes on Wednesday, July 19th. Analysts expect FCB Financial Holdings to post earnings of $0.63 per share for the quarter.
FCB Financial Holdings (NYSE:FCB) last announced its earnings results on Thursday, April 20th. The bank reported $0.64 EPS for the quarter, topping the consensus estimate of $0.63 by $0.01. The business had revenue of $81.10 million for the quarter, compared to the consensus estimate of $80.44 million. FCB Financial Holdings had a return on equity of 10.81% and a net margin of 32.07%. FCB Financial Holdings’s revenue was up 16.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.53 EPS. On average, analysts expect FCB Financial Holdings to post $2.66 EPS for the current fiscal year and $3.22 EPS for the next fiscal year.
FCB Financial Holdings, Inc. (NYSE FCB) opened at 47.80 on Tuesday. The firm has a market capitalization of $2.04 billion, a P/E ratio of 17.98 and a beta of 1.31. FCB Financial Holdings, Inc. has a one year low of $34.24 and a one year high of $50.33. The stock has a 50 day moving average price of $46.82 and a 200 day moving average price of $47.50.
Several analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of FCB Financial Holdings from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a research report on Tuesday, March 28th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $52.00 price target on shares of FCB Financial Holdings in a research report on Wednesday, April 5th. Deutsche Bank AG reiterated a “buy” rating and set a $57.00 price target (up previously from $56.00) on shares of FCB Financial Holdings in a research report on Sunday, April 23rd. BidaskClub lowered shares of FCB Financial Holdings from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. Finally, ValuEngine upgraded shares of FCB Financial Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $51.83.
In related news, Director Alan S. Bernikow sold 5,870 shares of the stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $49.00, for a total transaction of $287,630.00. Following the sale, the director now owns 10,070 shares in the company, valued at approximately $493,430. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Vincent Tese sold 31,278 shares of the stock in a transaction that occurred on Tuesday, April 25th. The stock was sold at an average price of $48.25, for a total transaction of $1,509,163.50. Following the sale, the insider now owns 408,369 shares in the company, valued at approximately $19,703,804.25. The disclosure for this sale can be found here. Insiders have sold a total of 629,368 shares of company stock worth $30,053,486 in the last quarter. 15.40% of the stock is currently owned by company insiders.
FCB Financial Holdings Company Profile
FCB Financial Holdings, Inc is a bank holding company with a national bank subsidiary, Florida Community Bank, National Association (the Bank). The Company operates in the Community Banking segment. Through the Bank, the Company provides a range of retail and commercial banking services. As of December 31, 2016, the Company provided a range of financial products and services to individuals, small and medium-sized businesses, some large businesses, and other local organizations and entities through 46 branches in south and central Florida.
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