DA Davidson Brokers Cut Earnings Estimates for OTCMKTS:PBAM

Private Bancorp of America, Inc. (OTCMKTS:PBAM) – Equities research analysts at DA Davidson lowered their FY2025 EPS estimates for Private Bancorp of America in a report released on Thursday, December 19th. DA Davidson analyst G. Tenner now expects that the company will post earnings of $6.03 per share for the year, down from their prior forecast of $6.04. The consensus estimate for Private Bancorp of America’s current full-year earnings is $5.89 per share.

Private Bancorp of America Trading Up 0.5 %

Shares of OTCMKTS PBAM opened at $57.30 on Monday. Private Bancorp of America has a twelve month low of $32.37 and a twelve month high of $57.72. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.13. The business has a fifty day simple moving average of $50.46 and a two-hundred day simple moving average of $44.23. The firm has a market cap of $329.76 million, a PE ratio of 10.05 and a beta of 0.19.

Private Bancorp of America (OTCMKTS:PBAM) last released its earnings results on Friday, October 18th. The company reported $1.63 earnings per share for the quarter, topping analysts’ consensus estimates of $1.45 by $0.18. The business had revenue of $41.45 million for 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%.

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.