OTCPK:PBAM

Stock Analysis Report

Private Bancorp of America

Executive Summary

Private Bancorp of America, Inc. operates as the bank holding company for CalPrivate Bank that provides banking products and services to individuals and businesses in California.

Snowflake

Fundamentals

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Private Bancorp of America's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.1%

PBAM

4.8%

US Banks

2.3%

US Market


1 Year Return

-22.2%

PBAM

0.04%

US Banks

5.6%

US Market

Return vs Industry: PBAM underperformed the US Banks industry which returned 0% over the past year.

Return vs Market: PBAM underperformed the US Market which returned 5.6% over the past year.


Shareholder returns

PBAMIndustryMarket
7 Day0.1%4.8%2.3%
30 Day-3.7%-0.5%-1.0%
90 Day-13.9%2.0%-0.7%
1 Year-22.2%-22.2%2.9%0.04%7.9%5.6%
3 Year20.7%20.7%51.5%41.1%45.6%36.3%
5 Year48.7%48.7%70.9%52.3%65.8%47.6%

Price Volatility Vs. Market

How volatile is Private Bancorp of America's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Private Bancorp of America undervalued compared to its fair value and its price relative to the market?

21.63x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: PBAM ($20.23) is trading above our estimate of fair value ($7.13)

Significantly Undervalued: PBAM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PBAM is poor value based on its PE Ratio (21.6x) compared to the Banks industry average (12.6x).

PE vs Market: PBAM is poor value based on its PE Ratio (21.6x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

Low PEG Ratio: PBAM is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: PBAM is good value based on its PB Ratio (1x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Private Bancorp of America forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

74.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PBAM's forecast earnings growth (74% per year) is above the savings rate (2.7%).

Earnings vs Market: PBAM's earnings (74% per year) are forecast to grow faster than the US market (14.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PBAM's revenue (19.3% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: PBAM's revenue (19.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if PBAM's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Private Bancorp of America performed over the past 5 years?

1.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PBAM's earnings have grown by 1.2% per year over the past 5 years.

Accelerating Growth: PBAM's earnings growth over the past year (54.5%) exceeds its 5-year average (1.2% per year).

Earnings vs Industry: PBAM earnings growth over the past year (54.5%) exceeded the Banks industry 31.8%.


Return on Equity

High ROE: PBAM's Return on Equity (4.9%) is considered low.


Return on Assets

ROA vs Industry: PBAM's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate PBAM's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Private Bancorp of America's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: PBAM has a low level of unsold assets or inventory.

Debt Coverage by Assets: PBAM's debt is not covered by short term assets (assets are 0.5x debt).


Financial Institutions Analysis

Asset Level: PBAM's level of assets compared to its equity is low.

Allowance for Bad Loans: PBAM has a sufficient allowance for bad loans.

Low Risk Liabilities: PBAM's liabilities are made up of primarily low risk sources of funding.

Loan Level: PBAM has an acceptable proportion of non-loan assets held.

Low Risk Deposits: PBAM's loans are broadly funded by customer deposits.

Level of Bad Loans: PBAM has an appropriate level of bad loans (0.28%)


Next Steps

Dividend

What is Private Bancorp of America's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage3.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate PBAM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PBAM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if PBAM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PBAM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PBAM's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Private Bancorp of America's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average board tenure


CEO

Tom Wornham (59yo)

4.8yrs

Tenure

0

Mr. Thomas V. Wornham, also known as Tom, serves as the Chief Executive Officer and President at Private Bancorp of America, Inc. Mr. Wornham serves as the Chief Executive Officer of CalPrivate Bank from M ...


Board Age and Tenure

4.8yrs

Average Tenure

68yo

Average Age

Experienced Board: PBAM's board of directors are considered experienced (4.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Tom Wornham (59yo)

    CEO, President & Director

    • Tenure: 4.8yrs
  • Richard Pimentel

    CFO & Secretary

    • Tenure: 0.4yrs

Board Members

  • Ernest Rady (82yo)

    Director

    • Tenure: 4.8yrs
  • Selwyn Isakow (64yo)

    Chairman of the Board

    • Tenure: 4.8yrs
  • David Engelman (81yo)

    Director

    • Tenure: 4.8yrs
  • Leon Kassel (68yo)

    Director

    • Tenure: 4.8yrs
  • Tom Wornham (59yo)

    CEO, President & Director

    • Tenure: 4.8yrs
  • Brett Lawrence (40yo)

    Director

    • Tenure: 0yrs
  • David Ellman (81yo)

    Director

    • Tenure: 4.8yrs

Company Information

Private Bancorp of America, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Private Bancorp of America, Inc.
  • Ticker: PBAM
  • Exchange: OTCPK
  • Founded: 2006
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$112.045m
  • Shares outstanding: 5.54m
  • Website: https://www.calprivate.bank

Location

  • Private Bancorp of America, Inc.
  • 9404 Genesee Avenue
  • Suite 100
  • La Jolla
  • California
  • 92037
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PBAMOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 2011

Biography

Private Bancorp of America, Inc. operates as the bank holding company for CalPrivate Bank that provides banking products and services to individuals and businesses in California. The company’s personal ban ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 00:07
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.