FY2025 EPS Estimates for OTCMKTS:PBAM Reduced by DA Davidson

Private Bancorp of America, Inc. (OTCMKTS:PBAM) – Investment analysts at DA Davidson decreased their FY2025 EPS estimates for Private Bancorp of America in a research note issued to investors on Tuesday, October 21st. DA Davidson analyst G. Tenner now anticipates that the company will earn $7.06 per share for the year, down from their prior estimate of $7.11. The consensus estimate for Private Bancorp of America’s current full-year earnings is $6.88 per share. DA Davidson also issued estimates for Private Bancorp of America’s FY2026 earnings at $7.29 EPS.

Private Bancorp of America (OTCMKTS:PBAM) last issued its quarterly earnings results on Friday, October 17th. The company reported $1.65 EPS for the quarter, missing the consensus estimate of $1.81 by ($0.16). The firm had revenue of $31.50 million for the quarter, compared to analysts’ expectations of $31.79 million. Private Bancorp of America had a return on equity of 17.52% and a net margin of 24.04%.

PBAM has been the subject of several other reports. Piper Sandler reaffirmed an “overweight” rating and set a $73.00 price objective (down from $77.00) on shares of Private Bancorp of America in a research report on Tuesday. Zacks Research upgraded shares of Private Bancorp of America to a “hold” rating in a research note on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $74.00.

Private Bancorp of America Stock Performance

Shares of Private Bancorp of America stock opened at $55.40 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 12 month low of $48.00 and a 12 month high of $61.50. The stock has a market capitalization of $321.87 million, a price-to-earnings ratio of 7.87 and a beta of 0.31. The business has a 50-day moving average of $58.02 and a 200 day moving average of $56.08.

Private Bancorp of America announced that its Board of Directors has authorized a stock repurchase plan on Thursday, September 11th that allows the company to buyback $5.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 1.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

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.