Private Bancorp of America, Inc. (OTCMKTS:PBAM – Free Report) – DA Davidson upped their FY2024 earnings per share (EPS) estimates for Private Bancorp of America in a research report issued on Wednesday, October 23rd. DA Davidson analyst G. Tenner now expects that the company will earn $5.92 per share for the year, up from their previous forecast of $5.51. The consensus estimate for Private Bancorp of America’s current full-year earnings is $5.63 per share.
Private Bancorp of America (OTCMKTS:PBAM – Get Free Report) last announced its earnings results on Friday, October 18th. The company reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.18. The company had revenue of $41.45 million for the quarter, compared to the consensus estimate of $26.60 million. Private Bancorp of America had a net margin of 21.37% and a return on equity of 17.00%.
Get Our Latest Stock Analysis on PBAM
Private Bancorp of America Price Performance
Shares of PBAM opened at $49.00 on Friday. The business’s 50-day moving average is $44.55 and its 200-day moving average is $39.35. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.04 and a quick ratio of 1.04. The company has a market capitalization of $281.80 million, a price-to-earnings ratio of 7.12 and a beta of 0.20. Private Bancorp of America has a fifty-two week low of $32.00 and a fifty-two week high of $51.55.
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.
Further Reading
- Five stocks we like better than Private Bancorp of America
- What is an Earnings Surprise?
- Maximize Portfolio Income with These 3 Dividend ETFs
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Talen Energy: A Nuclear Power Stock That Can Keep Winning
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Rocket Lab Stock Soars Higher: Can It Keep Climbing?
Receive News & Ratings for Private Bancorp of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Private Bancorp of America and related companies with MarketBeat.com's FREE daily email newsletter.