Analysts Issue Forecasts for OTCMKTS:PBAM Q4 Earnings

Private Bancorp of America, Inc. (OTCMKTS:PBAM) – Investment analysts at DA Davidson issued their Q4 2024 earnings per share estimates for shares of Private Bancorp of America in a research report issued on Wednesday, October 23rd. DA Davidson analyst G. Tenner expects that the company will post earnings per share of $1.59 for the quarter. The consensus estimate for Private Bancorp of America’s current full-year earnings is $5.53 per share. DA Davidson also issued estimates for Private Bancorp of America’s FY2025 earnings at $6.04 EPS.

Separately, Stephens lifted their target price on Private Bancorp of America from $41.00 to $53.00 and gave the company an “overweight” rating in a research note on Tuesday, July 23rd.

Private Bancorp of America Trading Down 1.0 %

Shares of OTCMKTS PBAM opened at $49.25 on Thursday. The stock’s 50 day simple moving average is $44.43 and its 200 day simple moving average is $39.28. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.24. The company has a market cap of $283.68 million, a price-to-earnings ratio of 8.64 and a beta of 0.20. Private Bancorp of America has a 12-month low of $32.00 and a 12-month high of $51.55.

Private Bancorp of America (OTCMKTS:PBAM) last announced 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 business had revenue of $41.45 million for the quarter, compared to the consensus estimate of $26.60 million. Private Bancorp of America had a return on equity of 16.96% and a net margin of 21.84%.

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.