Analysts Set Expectations for Private Bancorp of America, Inc.'s Q2 2024 Earnings (OTCMKTS:PBAM)

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Private Bancorp of America, Inc. (OTCMKTS:PBAM - Free Report) - Analysts at DA Davidson issued their Q2 2024 earnings per share estimates for shares of Private Bancorp of America in a research note issued to investors on Tuesday, April 23rd. DA Davidson analyst G. Tenner expects that the company will post earnings per share of $1.32 for the quarter. The consensus estimate for Private Bancorp of America's current full-year earnings is $5.10 per share. DA Davidson also issued estimates for Private Bancorp of America's FY2025 earnings at $5.65 EPS.

Separately, Stephens reissued an "overweight" rating and issued a $41.00 price objective on shares of Private Bancorp of America in a research note on Tuesday.

Read Our Latest Research Report on Private Bancorp of America

Private Bancorp of America Price Performance

Private Bancorp of America stock traded down $0.20 during mid-day trading on Wednesday, hitting $34.05. The company's stock had a trading volume of 12,800 shares, compared to its average volume of 6,018. The firm's 50 day moving average is $34.69 and its 200 day moving average is $34.32. The company has a market cap of $194.77 million, a PE ratio of 4.98 and a beta of 0.22. Private Bancorp of America has a 52-week low of $23.65 and a 52-week high of $36.90.

About Private Bancorp of America

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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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