Private Bancorp of America (OTCMKTS:PBAM – Get Free Report) will announce its earnings results on Friday, January 17th. Analysts expect the company to announce earnings of $1.60 per share for the quarter.
Private Bancorp of America (OTCMKTS:PBAM – Get Free Report) last issued its quarterly earnings data on Friday, October 18th. The company reported $1.63 earnings per share for the quarter, beating analysts’ consensus estimates of $1.45 by $0.18. The company had revenue of $41.45 million during the quarter, compared to analysts’ expectations of $26.60 million. Private Bancorp of America had a return on equity of 16.57% and a net margin of 21.37%. On average, analysts expect Private Bancorp of America to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Private Bancorp of America Stock Performance
Shares of PBAM traded up $0.56 during mid-day trading on Wednesday, reaching $56.50. 4,018 shares of the company’s stock were exchanged, compared to its average volume of 4,102. The business’s fifty day simple moving average is $53.21 and its 200-day simple moving average is $46.64. The stock has a market capitalization of $325.84 million, a PE ratio of 9.91 and a beta of 0.14. Private Bancorp of America has a 52-week low of $32.37 and a 52-week high of $58.24. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.03 and a quick ratio of 1.03.
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.
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