DA Davidson Analysts Cut Earnings Estimates for OTCMKTS:PBAM

Private Bancorp of America, Inc. (OTCMKTS:PBAM) – Research analysts at DA Davidson lowered their Q4 2024 earnings per share (EPS) estimates for Private Bancorp of America in a research note issued to investors on Thursday, December 19th. DA Davidson analyst G. Tenner now expects that the company will earn $1.58 per share for the quarter, down from their prior forecast of $1.59. The consensus estimate for Private Bancorp of America’s current full-year earnings is $5.89 per share.

Private Bancorp of America Stock Up 2.7 %

PBAM opened at $57.00 on Friday. The company has a market capitalization of $328.04 million, a PE ratio of 10.00 and a beta of 0.19. The firm has a 50-day simple moving average of $50.24 and a two-hundred day simple moving average of $44.01. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.13. Private Bancorp of America has a 52 week low of $32.37 and a 52 week high of $57.00.

Private Bancorp of America (OTCMKTS:PBAM) last released its earnings results on Friday, October 18th. The company reported $1.63 EPS for the quarter, topping the consensus estimate of $1.45 by $0.18. The firm 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 16.57%.

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.