FY2024 Earnings Estimate for Private Bancorp of America, Inc. (OTCMKTS:PBAM) Issued By DA Davidson

Private Bancorp of America, Inc. (OTCMKTS:PBAM) – Research analysts at DA Davidson decreased their FY2024 earnings per share (EPS) estimates for Private Bancorp of America in a report issued on Tuesday, April 23rd. DA Davidson analyst G. Tenner now forecasts that the company will post earnings of $5.42 per share for the year, down from their prior estimate of $5.55. The consensus estimate for Private Bancorp of America’s current full-year earnings is $5.10 per share.

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

Private Bancorp of America Price Performance

Private Bancorp of America stock opened at $34.05 on Thursday. The stock has a market capitalization of $194.77 million, a PE ratio of 6.09 and a beta of 0.22. Private Bancorp of America has a 12 month low of $23.65 and a 12 month high of $36.90. The business has a 50 day simple moving average of $34.66 and a 200-day simple moving average of $34.32.

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.