FCB Financial Holdings Inc (NYSE:FCB) CEO Kent S. Ellert sold 16,206 shares of the company’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $50.48, for a total value of $818,078.88. Following the sale, the chief executive officer now owns 156,375 shares of the company’s stock, valued at $7,893,810. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
FCB Financial Holdings Inc (NYSE FCB) opened at $51.60 on Wednesday. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.76. FCB Financial Holdings Inc has a fifty-two week low of $39.90 and a fifty-two week high of $54.10. The company has a market capitalization of $2,250.00, a price-to-earnings ratio of 18.75, a PEG ratio of 1.26 and a beta of 1.36.
FCB Financial (NYSE:FCB) last posted its quarterly earnings results on Tuesday, October 24th. The bank reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.05. FCB Financial had a return on equity of 11.42% and a net margin of 34.09%. The company had revenue of $84.21 million during the quarter, compared to analysts’ expectations of $87.16 million. During the same quarter in the previous year, the firm earned $0.60 EPS. research analysts expect that FCB Financial Holdings Inc will post 2.84 earnings per share for the current fiscal year.
A number of research firms have recently weighed in on FCB. Royal Bank of Canada reiterated a “buy” rating and set a $54.00 target price on shares of FCB Financial in a research report on Wednesday, October 25th. Zacks Investment Research upgraded FCB Financial from a “sell” rating to a “hold” rating in a research report on Monday, October 9th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $51.00 target price on shares of FCB Financial in a research report on Tuesday, October 3rd. Finally, ValuEngine downgraded FCB Financial from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. One analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. FCB Financial has an average rating of “Hold” and a consensus target price of $53.40.
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FCB Financial 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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