Private Bancorp of America, Inc. Forecasted to Earn Q2 2024 Earnings of $1.32 Per Share (OTCMKTS:PBAM)

Private Bancorp of America, Inc. (OTCMKTS:PBAM) – Equities researchers at DA Davidson issued their Q2 2024 earnings estimates for shares of Private Bancorp of America in a research note issued to investors on Tuesday, April 23rd. DA Davidson analyst G. Tenner anticipates that the company will post earnings per share of $1.32 for the quarter. The consensus estimate for Private Bancorp of America’s current full-year earnings is $5.10 per share. DA Davidson also issued estimates for Private Bancorp of America’s FY2025 earnings at $5.65 EPS.

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

Private Bancorp of America Stock Down 0.6 %

PBAM stock opened at $34.05 on Wednesday. The business has a 50 day moving average of $34.66 and a 200-day moving average of $34.32. Private Bancorp of America has a 12-month low of $23.65 and a 12-month high of $36.90. The firm has a market cap of $194.77 million, a PE ratio of 4.95 and a beta of 0.22.

About Private Bancorp of America

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.