In the first quarter of 2025, the bank reported a net interest margin of 4.61%, marking a slight decrease from the previous quarter's 4.67%. This figure, however, surpassed the 4.31% recorded during the same period in 2024.
The tangible book value per share saw significant growth, reaching $40.29 as of March 31, 2025. This represents an increase of $1.89 since December 31, 2024, primarily driven by robust earnings. The tangible book value per share rose by 4.9% from the previous quarter and demonstrated a substantial 20.1% year-over-year growth.
Despite a slow start in loan demand for the quarter, attributed to economic uncertainties and market conditions, the bank remains optimistic. The leadership expressed confidence that the markets will stabilize, and loan demand will rebound. Meanwhile, the bank continues to focus on strengthening client relationships, enhancing service delivery, and improving operational efficiency through technology and process improvements.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Private Bancorp of America Inc (PBAM, Financial) is $73.67 with a high estimate of $78.00 and a low estimate of $68.00. The average target implies an upside of 41.94% from the current price of $51.90. More detailed estimate data can be found on the Private Bancorp of America Inc (PBAM) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Private Bancorp of America Inc's (PBAM, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Private Bancorp of America Inc (PBAM, Financial) in one year is $50.72, suggesting a downside of 2.27% from the current price of $51.9. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Private Bancorp of America Inc (PBAM) Summary page.
