FY2024 EPS Estimates for Private Bancorp of America, Inc. Cut by DA Davidson (OTCMKTS:PBAM)

Private Bancorp of America, Inc. (OTCMKTS:PBAM) – Equities researchers at DA Davidson reduced their FY2024 EPS estimates for shares of Private Bancorp of America in a research note issued on Tuesday, April 23rd. DA Davidson analyst G. Tenner now forecasts that the company will earn $5.42 per share for the year, down from their prior forecast of $5.55. The consensus estimate for Private Bancorp of America’s current full-year earnings is $5.09 per share.

Separately, Stephens reiterated an “overweight” rating and issued a $41.00 target price on shares of Private Bancorp of America in a research report on Tuesday.

Private Bancorp of America Stock Up 0.8 %

Shares of PBAM opened at $34.28 on Thursday. The firm has a 50-day moving average price of $34.57 and a 200 day moving average price of $34.33. The firm has a market capitalization of $196.08 million, a PE ratio of 4.98 and a beta of 0.22. Private Bancorp of America has a 52-week low of $23.65 and a 52-week high of $36.90.

Private Bancorp of America Company Profile

Private Bancorp of America, Inc operates as the bank holding company for CalPrivate Bank that provides banking products and services to individuals and businesses in California. The company offers checking and savings, money market, certificate of deposit, sweep, zero balance, and individual retirement accounts; unsecured lines of credit, personal credit lines, and term loans; additional services, such as direct deposits, online banking, ATM and debit cards, credit cards, savings/line of credit overdraft protection, and safe deposit boxes; and certificate of deposit account registry services.