Capital Bank Financial (CBF) Set to Announce Earnings on Wednesday

Capital Bank Financial (NASDAQ:CBF) is scheduled to post its quarterly earnings results after the market closes on Wednesday, January 24th. Analysts expect Capital Bank Financial to post earnings of $0.52 per share for the quarter.

Capital Bank Financial (NASDAQ:CBF) last issued its quarterly earnings data on Thursday, October 19th. The company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.01. Capital Bank Financial had a return on equity of 7.69% and a net margin of 25.58%. The firm had revenue of $100.69 million during the quarter, compared to analyst estimates of $99.98 million. On average, analysts expect Capital Bank Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Capital Bank Financial (NASDAQ:CBF) opened at $41.75 on Wednesday. Capital Bank Financial has a 12 month low of $35.25 and a 12 month high of $45.00. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $2,170.00, a P/E ratio of 26.59, a price-to-earnings-growth ratio of 2.21 and a beta of 0.45.

A number of equities research analysts have weighed in on the company. BidaskClub upgraded Capital Bank Financial from a “hold” rating to a “buy” rating in a research note on Saturday, September 23rd. Brean Capital reiterated a “hold” rating on shares of Capital Bank Financial in a research report on Friday, October 20th. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $44.00.

In other news, Director Marc D. Oken sold 6,618 shares of Capital Bank Financial stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $40.33, for a total value of $266,903.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 12.36% of the stock is currently owned by company insiders.

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About Capital Bank Financial

Capital Bank Financial Corp. is a bank holding company whose business is conducted through Capital Bank Corporation (the Bank). The Company, through its branches, offers a range of commercial and consumer loans and deposits, as well as ancillary financial services. It offers a range of commercial loan products, including owner occupied and non-owner occupied commercial real estate; construction; working capital loans and lines of credit; demand and time loans, and equipment, inventory and accounts receivable financing.

Earnings History for Capital Bank Financial (NASDAQ:CBF)

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