DA Davidson Has Bearish Outlook for OTCMKTS:PBAM Q4 Earnings

Private Bancorp of America, Inc. (OTCMKTS:PBAM) – Equities research analysts at DA Davidson dropped their Q4 2024 earnings per share estimates for Private Bancorp of America in a research report issued on Thursday, December 19th. DA Davidson analyst G. Tenner now anticipates 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 Trading Up 2.7 %

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

Private Bancorp of America (OTCMKTS:PBAM) last announced its earnings results on Friday, October 18th. The company reported $1.63 EPS for the quarter, beating analysts’ consensus estimates of $1.45 by $0.18. The business had revenue of $41.45 million during the quarter, compared to analysts’ expectations of $26.60 million. Private Bancorp of America had a net margin of 21.37% and a return on equity of 16.57%.

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.