FCB Financial Holdings, Inc. (NYSE:FCB) posted its quarterly earnings results on Tuesday. The bank reported $0.74 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.05, Briefing.com reports. FCB Financial Holdings had a return on equity of 11.11% and a net margin of 33.95%. During the same period in the previous year, the company earned $0.60 earnings per share.

FCB Financial Holdings (NYSE:FCB) traded down 0.32% during mid-day trading on Tuesday, reaching $47.15. The company had a trading volume of 175,850 shares. The stock’s 50-day moving average price is $46.16 and its 200 day moving average price is $46.55. FCB Financial Holdings has a 52 week low of $35.55 and a 52 week high of $50.33. The firm has a market capitalization of $2.04 billion, a PE ratio of 16.43 and a beta of 1.33.

In other FCB Financial Holdings news, Vice Chairman Les J. Lieberman sold 10,454 shares of FCB Financial Holdings stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $47.10, for a total transaction of $492,383.40. Following the completion of the transaction, the insider now owns 310,599 shares in the company, valued at approximately $14,629,212.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Les J. Lieberman sold 60,388 shares of FCB Financial Holdings stock in a transaction dated Friday, July 28th. The shares were sold at an average price of $47.19, for a total value of $2,849,709.72. Following the transaction, the insider now owns 400,995 shares of the company’s stock, valued at approximately $18,922,954.05. The disclosure for this sale can be found here. Insiders have sold a total of 956,074 shares of company stock valued at $44,129,401 in the last quarter. Company insiders own 15.40% of the company’s stock.

TRADEMARK VIOLATION WARNING: This news story was published by American Banking News and is owned by of American Banking News. If you are viewing this news story on another website, it was illegally stolen and republished in violation of US & international copyright laws. The legal version of this news story can be accessed at https://www.americanbankingnews.com/2017/10/24/fcb-financial-holdings-inc-fcb-releases-quarterly-earnings-results-beats-estimates-by-0-05-eps.html.

A number of research firms recently commented on FCB. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $51.00 price objective on shares of FCB Financial Holdings in a research report on Thursday, July 27th. Royal Bank Of Canada reiterated a “buy” rating and set a $54.00 price objective on shares of FCB Financial Holdings in a research report on Friday, September 8th. Zacks Investment Research cut FCB Financial Holdings from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. BidaskClub cut FCB Financial Holdings from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 2nd. Finally, ValuEngine upgraded FCB Financial Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. One 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 company. FCB Financial Holdings currently has a consensus rating of “Hold” and an average target price of $53.40.

About FCB Financial Holdings

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.

Earnings History for FCB Financial Holdings (NYSE:FCB)

Receive News & Ratings for FCB Financial Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FCB Financial Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.