OTCMKTS:PBAM FY2026 EPS Forecast Increased by DA Davidson

Key Points

• DA Davidson raised the FY2026 earnings per share forecast for Private Bancorp of America from $7.20 to $7.24, surpassing the current consensus estimate of $6.88 per share.
• The company's stock has a recent market capitalization of $342.49 million, with a PE ratio of 8.41, suggesting that it may be undervalued.
• Private Bancorp has initiated a $5 million share repurchase program, indicating confidence from the board in the company's valuation.

Private Bancorp of America, Inc. (OTCMKTS:PBAM - Free Report) - Analysts at DA Davidson lifted their FY2026 earnings estimates for shares of Private Bancorp of America in a note issued to investors on Monday, September 29th. DA Davidson analyst G. Tenner now anticipates that the company will post earnings per share of $7.24 for the year, up from their previous forecast of $7.20. The consensus estimate for Private Bancorp of America's current full-year earnings is $6.88 per share.

Private Bancorp of America (OTCMKTS:PBAM - Get Free Report) last announced its earnings results on Thursday, July 17th. The company reported $1.77 EPS for the quarter, missing the consensus estimate of $1.79 by ($0.02). Private Bancorp of America had a return on equity of 17.81% and a net margin of 24.17%.The business had revenue of $31.84 million for the quarter, compared to analyst estimates of $30.36 million.

A number of other analysts also recently issued reports on PBAM. Piper Sandler lifted their target price on Private Bancorp of America from $75.00 to $80.00 and gave the company an "overweight" rating in a research report on Tuesday, July 22nd. Zacks Research upgraded Private Bancorp of America to a "hold" rating in a research note on Tuesday, August 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Private Bancorp of America has an average rating of "Buy" and an average target price of $80.00.

Private Bancorp of America Trading Down 0.3%

Shares of OTCMKTS:PBAM opened at $59.05 on Wednesday. The company's 50-day moving average price is $57.86 and its two-hundred day moving average price is $55.69. Private Bancorp of America has a one year low of $44.00 and a one year high of $61.50. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.01 and a quick ratio of 1.00. The stock has a market capitalization of $342.49 million, a PE ratio of 8.41 and a beta of 0.30.

Private Bancorp of America declared that its board has approved a share repurchase program on Thursday, September 11th that allows the company to buyback $5.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 1.5% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board believes its shares are undervalued.

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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