Private Bancorp of America, Inc. Expected to Post Q2 2024 Earnings of $1.32 Per Share (OTCMKTS:PBAM)

Private Bancorp of America, Inc. (OTCMKTS:PBAM) – Research analysts at DA Davidson issued their Q2 2024 earnings per share estimates for Private Bancorp of America in a research report issued on Tuesday, April 23rd. DA Davidson analyst G. Tenner expects that the company will post earnings of $1.32 per share for the quarter. The consensus estimate for Private Bancorp of America’s current full-year earnings is $5.10 per share. DA Davidson also issued estimates for Private Bancorp of America’s FY2025 earnings at $5.65 EPS.

Separately, Stephens reaffirmed an “overweight” rating and issued a $41.00 target price on shares of Private Bancorp of America in a report on Tuesday.

Private Bancorp of America Stock Performance

Shares of PBAM stock opened at $34.25 on Wednesday. Private Bancorp of America has a 12-month low of $23.65 and a 12-month high of $36.90. The stock’s 50-day moving average price is $34.69 and its 200-day moving average price is $34.32. The stock has a market capitalization of $195.91 million, a price-to-earnings ratio of 6.09 and a beta of 0.22.

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.