Equities analysts expect FCB Financial Holdings Inc (NYSE:FCB) to announce $0.84 earnings per share for the current quarter, according to Zacks. Two analysts have made estimates for FCB Financial’s earnings, with the highest EPS estimate coming in at $0.86 and the lowest estimate coming in at $0.82. FCB Financial reported earnings per share of $0.64 in the same quarter last year, which indicates a positive year over year growth rate of 31.3%. The business is scheduled to announce its next quarterly earnings results on Thursday, April 19th.

According to Zacks, analysts expect that FCB Financial will report full-year earnings of $3.62 per share for the current financial year, with EPS estimates ranging from $3.45 to $3.75. For the next fiscal year, analysts expect that the company will report earnings of $4.21 per share, with EPS estimates ranging from $3.90 to $4.46. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover FCB Financial.

FCB Financial (NYSE:FCB) last released its earnings results on Tuesday, January 23rd. The bank reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.02. FCB Financial had a return on equity of 11.82% and a net margin of 30.60%. The firm had revenue of $85.85 million for the quarter, compared to analysts’ expectations of $88.53 million. During the same period in the prior year, the firm posted $0.62 earnings per share.

FCB has been the topic of a number of recent research reports. Zacks Investment Research raised FCB Financial from a “hold” rating to a “buy” rating and set a $59.00 target price on the stock in a research note on Tuesday, December 26th. Royal Bank of Canada reaffirmed a “buy” rating and set a $54.00 price objective on shares of FCB Financial in a research report on Wednesday, October 25th. Finally, Bank of America increased their price objective on FCB Financial from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Wednesday, January 24th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. FCB Financial presently has a consensus rating of “Buy” and an average target price of $59.20.

FCB Financial (NYSE:FCB) traded up $1.00 during midday trading on Tuesday, hitting $53.25. The stock had a trading volume of 176,227 shares, compared to its average volume of 201,289. FCB Financial has a 52-week low of $39.90 and a 52-week high of $57.20. The stock has a market capitalization of $2,372.34, a PE ratio of 19.51, a P/E/G ratio of 0.78 and a beta of 1.34. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.93 and a current ratio of 0.94.

In related news, insider Stuart I. Oran sold 11,142 shares of the stock in a transaction on Friday, November 17th. The stock was sold at an average price of $47.85, for a total transaction of $533,144.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Chairman Vincent Tese sold 219,554 shares of the stock in a transaction on Friday, December 1st. The shares were sold at an average price of $52.85, for a total value of $11,603,428.90. Following the sale, the chairman now directly owns 393,818 shares in the company, valued at $20,813,281.30. The disclosure for this sale can be found here. Insiders have sold 868,455 shares of company stock worth $45,907,185 over the last ninety days. 15.40% of the stock is currently owned by insiders.

Large investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC purchased a new position in FCB Financial in the second quarter worth about $109,000. Valeo Financial Advisors LLC purchased a new position in FCB Financial in the third quarter worth about $146,000. Ameritas Investment Partners Inc. boosted its position in FCB Financial by 19.5% in the second quarter. Ameritas Investment Partners Inc. now owns 3,091 shares of the bank’s stock worth $148,000 after purchasing an additional 504 shares during the last quarter. M&R Capital Management Inc. boosted its position in FCB Financial by 600.0% in the second quarter. M&R Capital Management Inc. now owns 3,500 shares of the bank’s stock worth $152,000 after purchasing an additional 3,000 shares during the last quarter. Finally, Truepoint Inc. boosted its position in FCB Financial by 316.8% in the fourth quarter. Truepoint Inc. now owns 3,947 shares of the bank’s stock worth $201,000 after purchasing an additional 3,000 shares during the last quarter. 92.47% of the stock is currently owned by institutional investors and hedge funds.

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FCB Financial Company Profile

FCB Financial Holdings, Inc is a bank holding company with a national bank subsidiary, Florida Community Bank, National Association (the Bank). The Company operates in the Community Banking segment. Through the Bank, the Company provides a range of retail and commercial banking services. As of December 31, 2016, the Company provided a range of financial products and services to individuals, small and medium-sized businesses, some large businesses, and other local organizations and entities through 46 branches in south and central Florida.

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Earnings History and Estimates for FCB Financial (NYSE:FCB)

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