DA Davidson Has Weak Outlook for OTCMKTS:PBAM Q4 Earnings

Private Bancorp of America, Inc. (OTCMKTS:PBAM) – Stock analysts at DA Davidson dropped their Q4 2024 earnings estimates for shares of Private Bancorp of America in a research note 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 Stock Up 2.7 %

OTCMKTS:PBAM opened at $57.00 on Friday. The stock has a fifty day simple moving average of $50.24 and a 200-day simple moving average of $44.01. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.13. The company has a market cap of $328.04 million, a price-to-earnings ratio of 10.00 and a beta of 0.19. Private Bancorp of America has a twelve month low of $32.37 and a twelve month high of $57.00.

Private Bancorp of America (OTCMKTS:PBAM) last issued its quarterly earnings results on Friday, October 18th. The company reported $1.63 earnings per share 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 return on equity of 16.57% and a net margin of 21.37%.

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.