FCB Financial Holdings Inc (NYSE:FCB) insider Stuart I. Oran sold 15,500 shares of FCB Financial stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $53.52, for a total transaction of $829,560.00. Following the completion of the sale, the insider now owns 12,104 shares of the company’s stock, valued at $647,806.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of FCB Financial Holdings Inc (NYSE:FCB) traded down $2.30 during trading on Thursday, hitting $52.25. 294,274 shares of the stock were exchanged, compared to its average volume of 215,466. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.94 and a quick ratio of 0.93. FCB Financial Holdings Inc has a twelve month low of $39.90 and a twelve month high of $57.20. The firm has a market capitalization of $2,421.33, a PE ratio of 19.62, a price-to-earnings-growth ratio of 0.80 and a beta of 1.34.
FCB Financial (NYSE:FCB) last issued its quarterly earnings data on Tuesday, January 23rd. The bank reported $0.76 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.74 by $0.02. FCB Financial had a net margin of 30.60% and a return on equity of 11.82%. The business had revenue of $85.85 million during the quarter, compared to analysts’ expectations of $88.53 million. During the same period in the previous year, the company earned $0.62 earnings per share. equities research analysts anticipate that FCB Financial Holdings Inc will post 3.62 EPS for the current year.
A number of research firms have issued reports on FCB. Zacks Investment Research upgraded shares of FCB Financial from a “hold” rating to a “strong-buy” rating and set a $62.00 target price for the company in a research note on Thursday, January 11th. Royal Bank of Canada reiterated a “buy” rating and issued a $61.00 target price on shares of FCB Financial in a research note on Wednesday, January 24th. Finally, Bank of America lifted their target price on shares of FCB Financial from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Wednesday, January 24th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $59.20.
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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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