Private Bancorp of America, Inc. (OTCMKTS:PBAM – Free Report) – Equities researchers at DA Davidson upped their FY2026 earnings per share (EPS) estimates for shares of Private Bancorp of America in a report issued on Monday, September 29th. DA Davidson analyst G. Tenner now anticipates that the company will post earnings of $7.24 per share for the year, up from their previous forecast of $7.20. The consensus estimate for Private Bancorp of America’s current full-year earnings is $6.88 per share.
Several other research analysts also recently issued reports on PBAM. Piper Sandler boosted their price objective on shares of Private Bancorp of America from $75.00 to $80.00 and gave the stock an “overweight” rating in a report on Tuesday, July 22nd. Zacks Research raised Private Bancorp of America to a “hold” rating in a research report on Tuesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $80.00.
Private Bancorp of America Price Performance
OTCMKTS:PBAM opened at $59.14 on Wednesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.01 and a quick ratio of 1.00. Private Bancorp of America has a one year low of $44.50 and a one year high of $61.50. The company has a fifty day moving average price of $57.88 and a 200 day moving average price of $55.72. The stock has a market cap of $343.01 million, a P/E ratio of 8.42 and a beta of 0.31.
Private Bancorp of America (OTCMKTS:PBAM – Get Free Report) last posted its quarterly earnings data on Thursday, July 17th. The company reported $1.77 earnings per share for the quarter, missing the consensus estimate of $1.79 by ($0.02). The business had revenue of $31.84 million during the quarter, compared to the consensus estimate of $30.36 million. Private Bancorp of America had a net margin of 24.17% and a return on equity of 17.81%.
Private Bancorp of America declared that its Board of Directors has initiated a share buyback plan on Thursday, September 11th that authorizes the company to buyback $5.00 million in shares. This buyback authorization authorizes the company to repurchase up to 1.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its shares are undervalued.
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.
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