DA Davidson Analysts Lower Earnings Estimates for Private Bancorp of America, Inc. (OTCMKTS:PBAM)

Private Bancorp of America, Inc. (OTCMKTS:PBAM) – Analysts at DA Davidson cut their FY2024 earnings per share (EPS) estimates for Private Bancorp of America in a note issued to investors on Tuesday, April 23rd. DA Davidson analyst G. Tenner now expects that the company will post earnings per share of $5.42 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 $5.10 per share.

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

Private Bancorp of America Trading Down 0.1 %

PBAM opened at $34.00 on Thursday. The firm has a market cap of $194.48 million, a P/E ratio of 4.94 and a beta of 0.22. Private Bancorp of America has a 12 month low of $23.65 and a 12 month high of $36.90. The stock has a 50-day moving average of $34.60 and a 200 day moving average of $34.31.

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.