Private Bancorp of America (PBAM) Expected to Announce Quarterly Earnings on Friday

Private Bancorp of America (OTCMKTS:PBAM) will likely be posting its quarterly earnings results on Friday, January 17th. Analysts expect Private Bancorp of America to post earnings of $1.60 per share for the quarter.

Private Bancorp of America (OTCMKTS:PBAM) last issued its quarterly earnings results on Friday, October 18th. The company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.18. The firm had revenue of $41.45 million during the quarter, compared to analyst estimates of $26.60 million. Private Bancorp of America had a return on equity of 16.57% and a net margin of 21.37%. On average, analysts expect Private Bancorp of America to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Private Bancorp of America Stock Up 1.0 %

PBAM opened at $56.50 on Thursday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.13. Private Bancorp of America has a 12 month low of $32.37 and a 12 month high of $58.24. The company has a market cap of $325.84 million, a P/E ratio of 9.91 and a beta of 0.14. The business’s 50-day moving average price is $53.34 and its 200-day moving average price is $46.79.

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.