Private Bancorp of America, Inc. (PBAM) has earned a Zacks Rank #1 (Strong Buy), reflecting a favorable outlook as analysts continue to raise earnings estimates. The current quarter’s earnings estimate is $2.00 per share, showing a year-over-year increase of 13.0%. Additionally, the consensus estimate for the full year has risen to $8.21 per share, indicating an 18.6% growth compared to last year.
In the last month, PBAM’s earnings estimates have increased by 9.29%, with no negative revisions reported. This trend is corroborated by the stock’s 8.1% rise over the past four weeks, signaling strong investor confidence in the company’s earnings growth potential.
