FCB Financial Holdings Inc (FCB) CEO Kent S. Ellert Sells 19,951 Shares
FCB Financial Holdings Inc (NYSE:FCB) CEO Kent S. Ellert sold 19,951 shares of the business’s stock in a transaction dated Friday, January 19th. The shares were sold at an average price of $55.73, for a total transaction of $1,111,869.23. Following the completion of the transaction, the chief executive officer now owns 228,828 shares in the company, valued at $12,752,584.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
FCB Financial Holdings Inc (NYSE FCB) opened at $56.55 on Tuesday. FCB Financial Holdings Inc has a 12-month low of $39.90 and a 12-month high of $56.65. The stock has a market cap of $2,450.00, a P/E ratio of 19.17, a PEG ratio of 0.92 and a beta of 1.35. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.93 and a current ratio of 0.94.
FCB Financial (NYSE:FCB) last announced its earnings results on Tuesday, October 24th. The bank reported $0.74 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.05. FCB Financial had a net margin of 34.09% and a return on equity of 11.42%. The company had revenue of $84.21 million for the quarter, compared to analyst estimates of $87.16 million. During the same period in the prior year, the business earned $0.60 earnings per share. research analysts anticipate that FCB Financial Holdings Inc will post 2.82 EPS for the current fiscal year.
A number of equities analysts have commented on the stock. Zacks Investment Research upgraded shares of FCB Financial from a “hold” rating to a “strong-buy” rating and set a $62.00 price target on the stock in a research report on Thursday, January 11th. Royal Bank of Canada restated a “buy” rating and issued a $54.00 price target on shares of FCB Financial in a research report on Wednesday, October 25th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $51.00 price target on shares of FCB Financial in a research report on Tuesday, October 3rd. One analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $56.00.
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.
Receive News & Ratings for FCB Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FCB Financial and related companies with MarketBeat.com's FREE daily email newsletter.