CU Bancorp (CA) (CUNB) Set to Announce Earnings on Monday
CU Bancorp (CA) (NASDAQ:CUNB) is scheduled to be posting its quarterly earnings results on Monday, July 24th. Analysts expect CU Bancorp (CA) to post earnings of $0.43 per share for the quarter.
CU Bancorp (CA) (NASDAQ:CUNB) last posted its quarterly earnings results on Thursday, April 27th. The financial services provider reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.03. The company had revenue of $29.03 million for the quarter, compared to the consensus estimate of $28.83 million. CU Bancorp (CA) had a return on equity of 8.83% and a net margin of 24.25%. On average, analysts expect CU Bancorp (CA) to post $1.78 EPS for the current fiscal year and $2.09 EPS for the next fiscal year.
Shares of CU Bancorp (CUNB) opened at 35.80 on Monday. The stock has a market cap of $627.29 million, a P/E ratio of 22.95 and a beta of 0.70. CU Bancorp has a 1-year low of $22.35 and a 1-year high of $40.30. The company has a 50 day moving average price of $36.42 and a 200 day moving average price of $36.96.
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Several equities analysts recently issued reports on CUNB shares. DA Davidson lowered shares of CU Bancorp (CA) from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $42.00 to $43.00 in a report on Friday, April 7th. Raymond James Financial, Inc. raised shares of CU Bancorp (CA) from a “mkt perform” rating to an “outperform” rating in a report on Monday, May 15th. Zacks Investment Research lowered shares of CU Bancorp (CA) from a “buy” rating to a “hold” rating in a report on Wednesday, June 7th. FIG Partners raised shares of CU Bancorp (CA) from a “market perform” rating to an “outperform” rating in a report on Tuesday, May 2nd. Finally, BidaskClub lowered shares of CU Bancorp (CA) from a “hold” rating to a “sell” rating in a report on Sunday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company’s stock. CU Bancorp (CA) has an average rating of “Buy” and an average target price of $41.00.
About CU Bancorp (CA)
CU Bancorp is the bank holding company of California United Bank (the Bank). The Bank is a full-service commercial bank offering a range of banking products and services designed for small and medium-sized businesses, non-profit organizations, business owners and entrepreneurs, and the professional community.
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