FCB Financial Holdings Inc (FCB) CEO Kent S. Ellert Sells 16,206 Shares of Stock
FCB Financial Holdings Inc (NYSE:FCB) CEO Kent S. Ellert sold 16,206 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $50.48, for a total value of $818,078.88. Following the completion of the transaction, the chief executive officer now directly owns 156,375 shares in the company, valued at $7,893,810. The sale was disclosed in a legal filing with the SEC, which is available through this link.
FCB Financial Holdings Inc (NYSE:FCB) opened at $51.95 on Tuesday. FCB Financial Holdings Inc has a 1-year low of $39.90 and a 1-year high of $54.10. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $2,228.85, a price-to-earnings ratio of 18.75, a price-to-earnings-growth ratio of 1.26 and a beta of 1.36.
FCB Financial (NYSE:FCB) last posted its quarterly earnings data on Tuesday, October 24th. The bank reported $0.74 earnings per share (EPS) for the quarter, topping the 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 firm had revenue of $84.21 million for the quarter, compared to the consensus estimate of $87.16 million. During the same quarter in the prior year, the business earned $0.60 EPS. equities analysts expect that FCB Financial Holdings Inc will post 2.84 earnings per share for the current year.
Several research analysts have recently commented on FCB shares. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $51.00 target price on shares of FCB Financial in a report on Tuesday, October 3rd. Zacks Investment Research downgraded FCB Financial from a “hold” rating to a “sell” rating in a report on Tuesday, September 26th. ValuEngine downgraded FCB Financial from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, Royal Bank of Canada reissued a “buy” rating and issued a $54.00 target price on shares of FCB Financial in a report on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $53.40.
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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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