Equities research analysts expect FCB Financial Holdings, Inc. (NYSE:FCB) to post $87.37 million in sales for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for FCB Financial Holdings’ earnings, with estimates ranging from $87.00 million to $87.74 million. FCB Financial Holdings posted sales of $75.42 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 15.8%. The firm is expected to announce its next quarterly earnings report on Thursday, October 19th.

According to Zacks, analysts expect that FCB Financial Holdings will report full-year sales of $87.37 million for the current financial year, with estimates ranging from $332.90 million to $339.96 million. For the next financial year, analysts forecast that the firm will post sales of $395.66 million per share, with estimates ranging from $391.90 million to $397.80 million. Zacks’ sales averages are an average based on a survey of sell-side analysts that that provide coverage for FCB Financial Holdings.

FCB Financial Holdings (NYSE:FCB) last released its earnings results on Tuesday, July 25th. The bank reported $0.71 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.63 by $0.08. The company had revenue of $83.00 million during the quarter, compared to analyst estimates of $83.47 million. FCB Financial Holdings had a return on equity of 11.11% and a net margin of 33.95%. The company’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.56 earnings per share.

A number of brokerages have recently weighed in on FCB. Keefe, Bruyette & Woods reissued a “hold” rating and set a $51.00 price target on shares of FCB Financial Holdings in a research report on Thursday, July 27th. BidaskClub cut shares of FCB Financial Holdings from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. Royal Bank Of Canada reissued a “buy” rating and set a $54.00 price target on shares of FCB Financial Holdings in a research report on Friday, September 8th. Zacks Investment Research cut shares of FCB Financial Holdings from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Finally, ValuEngine raised shares of FCB Financial Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $53.40.

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FCB Financial Holdings (NYSE FCB) traded up 0.34% during mid-day trading on Friday, hitting $43.75. The stock had a trading volume of 388,492 shares. The company has a 50-day moving average price of $44.33 and a 200 day moving average price of $46.82. The company has a market cap of $1.90 billion, a P/E ratio of 15.25 and a beta of 1.31. FCB Financial Holdings has a 1-year low of $35.55 and a 1-year high of $50.33.

In related news, insider Stuart I. Oran sold 15,151 shares of the business’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $41.45, for a total value of $628,008.95. Following the sale, the insider now directly owns 12,255 shares of the company’s stock, valued at approximately $507,969.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Les J. Lieberman sold 60,388 shares of the business’s stock in a transaction on Friday, July 28th. The shares were sold at an average price of $47.19, for a total transaction of $2,849,709.72. Following the completion of the sale, the insider now directly owns 400,995 shares in the company, valued at $18,922,954.05. The disclosure for this sale can be found here. Insiders sold a total of 748,167 shares of company stock worth $34,319,679 over the last ninety days. 15.40% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Suntrust Banks Inc. lifted its position in FCB Financial Holdings by 1.6% in the 2nd quarter. Suntrust Banks Inc. now owns 8,937 shares of the bank’s stock valued at $426,000 after acquiring an additional 142 shares in the last quarter. Clinton Group Inc. lifted its position in FCB Financial Holdings by 0.9% in the 1st quarter. Clinton Group Inc. now owns 18,177 shares of the bank’s stock valued at $901,000 after acquiring an additional 169 shares in the last quarter. HighTower Advisors LLC lifted its position in FCB Financial Holdings by 0.8% in the 2nd quarter. HighTower Advisors LLC now owns 27,280 shares of the bank’s stock valued at $1,294,000 after acquiring an additional 227 shares in the last quarter. Parametric Portfolio Associates LLC lifted its position in FCB Financial Holdings by 1.0% in the 1st quarter. Parametric Portfolio Associates LLC now owns 28,660 shares of the bank’s stock valued at $1,420,000 after acquiring an additional 285 shares in the last quarter. Finally, Campbell Newman Asset Management Inc. lifted its position in FCB Financial Holdings by 4.8% in the 2nd quarter. Campbell Newman Asset Management Inc. now owns 9,211 shares of the bank’s stock valued at $440,000 after acquiring an additional 426 shares in the last quarter. 93.76% of the stock is currently owned by institutional investors and hedge funds.

FCB Financial Holdings 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 Holdings (NYSE:FCB)

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