Private Bancorp of America, Inc. Expected to Earn Q1 2021 Earnings of $0.60 Per Share (OTCMKTS:PBAM)

Private Bancorp of America, Inc. (OTCMKTS:PBAM) – Analysts at Piper Sandler issued their Q1 2021 EPS estimates for shares of Private Bancorp of America in a research note issued to investors on Tuesday, April 6th. Piper Sandler analyst N. Cucharale anticipates that the company will post earnings per share of $0.60 for the quarter. Piper Sandler also issued estimates for Private Bancorp of America’s Q2 2021 earnings at $0.50 EPS, Q3 2021 earnings at $0.47 EPS, Q4 2021 earnings at $0.45 EPS, FY2021 earnings at $2.03 EPS, Q1 2022 earnings at $0.47 EPS, Q2 2022 earnings at $0.51 EPS, Q3 2022 earnings at $0.55 EPS, Q4 2022 earnings at $0.59 EPS and FY2022 earnings at $2.12 EPS.

Separately, Zacks Investment Research upgraded Private Bancorp of America from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Thursday, February 11th.

Shares of PBAM stock opened at $24.00 on Thursday. The firm has a fifty day moving average of $22.40 and a two-hundred day moving average of $18.10. Private Bancorp of America has a 1-year low of $11.91 and a 1-year high of $24.50.

Private Bancorp of America (OTCMKTS:PBAM) last released its quarterly earnings results on Wednesday, January 27th. The company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.25. The company had revenue of $16.25 million for the quarter, compared to analyst estimates of $14.20 million.

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's personal banking services include personal checking and savings, money market, certificate of deposit, and retirement accounts; additional services, such as direct deposits, online banking, ATMs/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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Earnings History and Estimates for Private Bancorp of America (OTCMKTS:PBAM)

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