Brokerages expect FCB Financial Holdings Inc (NYSE:FCB) to report earnings of $0.74 per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for FCB Financial’s earnings. The highest EPS estimate is $0.74 and the lowest is $0.73. FCB Financial posted earnings of $0.62 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 19.4%. The firm is scheduled to report its next earnings results on Wednesday, January 24th.

According to Zacks, analysts expect that FCB Financial will report full-year earnings of $2.84 per share for the current year, with EPS estimates ranging from $2.82 to $2.85. For the next fiscal year, analysts forecast that the company will post earnings of $3.21 per share, with EPS estimates ranging from $3.15 to $3.24. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that cover FCB Financial.

FCB Financial (NYSE:FCB) last released its quarterly earnings data on Tuesday, October 24th. The bank reported $0.74 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.05. FCB Financial had a return on equity of 11.42% and a net margin of 34.09%. The business had revenue of $84.21 million during the quarter, compared to analyst estimates of $87.16 million. During the same quarter in the previous year, the firm posted $0.60 EPS.

A number of research analysts recently issued reports on FCB shares. Royal Bank of Canada restated a “buy” rating and set a $54.00 price objective on shares of FCB Financial in a research report on Wednesday, October 25th. ValuEngine lowered FCB Financial from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research upgraded FCB Financial from a “sell” rating to a “hold” rating in a research report on Monday, October 9th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $51.00 price target on shares of FCB Financial in a research report on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $53.40.

FCB Financial (FCB) opened at $50.80 on Monday. FCB Financial has a 12-month low of $39.90 and a 12-month high of $54.10. The stock has a market capitalization of $2,228.85, a P/E ratio of 18.75, a P/E/G ratio of 1.26 and a beta of 1.36. 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 other news, CEO Kent S. Ellert sold 20,537 shares of the business’s stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $51.22, for a total value of $1,051,905.14. Following the sale, the chief executive officer now owns 146,479 shares of the company’s stock, valued at approximately $7,502,654.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Stuart I. Oran sold 11,141 shares of the business’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $44.40, for a total value of $494,660.40. Following the completion of the sale, the insider now directly owns 18,245 shares in the company, valued at approximately $810,078. The disclosure for this sale can be found here. Insiders have sold a total of 612,871 shares of company stock valued at $30,838,375 in the last quarter. 15.40% of the stock is currently owned by insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Janney Capital Management LLC raised its stake in shares of FCB Financial by 39.0% in the 3rd quarter. Janney Capital Management LLC now owns 8,904 shares of the bank’s stock worth $430,000 after buying an additional 2,498 shares in the last quarter. Valeo Financial Advisors LLC acquired a new stake in shares of FCB Financial during the third quarter worth $146,000. Grandeur Peak Global Advisors LLC acquired a new stake in shares of FCB Financial during the third quarter worth $693,000. M&R Capital Management Inc. raised its position in shares of FCB Financial by 150.9% during the third quarter. M&R Capital Management Inc. now owns 8,780 shares of the bank’s stock worth $424,000 after purchasing an additional 5,280 shares during the period. Finally, Stifel Financial Corp raised its position in shares of FCB Financial by 13.0% during the third quarter. Stifel Financial Corp now owns 418,354 shares of the bank’s stock worth $20,205,000 after purchasing an additional 47,995 shares during the period. 93.98% of the stock is currently owned by institutional investors.

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About FCB Financial

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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