Equities analysts expect that FCB Financial Holdings, Inc. (NYSE:FCB) will announce $87.37 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for FCB Financial Holdings’ earnings, with the highest sales estimate coming in at $87.74 million and the lowest estimate coming in at $87.00 million. FCB Financial Holdings posted sales of $75.42 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 15.8%. The firm is scheduled to issue its next quarterly earnings report on Thursday, October 19th.

According to Zacks, analysts expect that FCB Financial Holdings will report full-year sales of $87.37 million for the current fiscal year, with estimates ranging from $332.90 million to $339.96 million. For the next fiscal year, analysts anticipate that the business will report sales of $395.66 million per share, with estimates ranging from $391.90 million to $397.80 million. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that cover FCB Financial Holdings.

FCB Financial Holdings (NYSE:FCB) last released its quarterly earnings data on Tuesday, July 25th. The bank reported $0.71 EPS for the quarter, beating the consensus estimate of $0.63 by $0.08. The company had revenue of $83 million for the quarter, compared to analysts’ expectations of $83.47 million. FCB Financial Holdings had a return on equity of 11.11% and a net margin of 33.95%. FCB Financial Holdings’s revenue was up 13.4% compared to the same quarter last year. During the same period last year, the firm posted $0.56 earnings per share.

A number of analysts have weighed in on the company. Zacks Investment Research upgraded FCB Financial Holdings from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a research note on Friday, July 28th. ValuEngine upgraded FCB Financial Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. Deutsche Bank AG restated a “buy” rating and issued a $57.00 price target (up from $56.00) on shares of FCB Financial Holdings in a research note on Sunday, April 23rd. BidaskClub cut FCB Financial Holdings from a “buy” rating to a “hold” rating in a research note on Saturday, June 24th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $51.00 price target on shares of FCB Financial Holdings in a research note on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $51.67.

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Shares of FCB Financial Holdings (NYSE FCB) traded down 0.90% on Friday, reaching $43.85. The company’s stock had a trading volume of 151,430 shares. The firm has a 50 day moving average price of $47.25 and a 200-day moving average price of $47.52. FCB Financial Holdings has a 12-month low of $35.55 and a 12-month high of $50.33. The stock has a market cap of $1.90 billion, a PE ratio of 15.28 and a beta of 1.29.

In related news, Director Paul A. Novelly sold 14,400 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $47.13, for a total value of $678,672.00. Following the transaction, the director now owns 2,000 shares in the company, valued at approximately $94,260. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Les J. Lieberman sold 6,000 shares of the business’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $47.14, for a total value of $282,840.00. Following the completion of the transaction, the insider now owns 342,198 shares in the company, valued at approximately $16,131,213.72. The disclosure for this sale can be found here. Insiders have sold 596,649 shares of company stock worth $28,118,048 in the last quarter. Insiders own 15.40% of the company’s stock.

A number of institutional investors have recently modified their holdings of FCB. Clinton Group Inc. boosted its position in shares of FCB Financial Holdings by 0.9% in the first quarter. Clinton Group Inc. now owns 18,177 shares of the bank’s stock valued at $901,000 after buying an additional 169 shares during the period. Parametric Portfolio Associates LLC boosted its position in shares of FCB Financial Holdings by 1.0% in the first quarter. Parametric Portfolio Associates LLC now owns 28,660 shares of the bank’s stock valued at $1,420,000 after buying an additional 285 shares during the period. Campbell Newman Asset Management Inc. boosted its position in shares of FCB Financial Holdings by 4.8% in the second quarter. Campbell Newman Asset Management Inc. now owns 9,211 shares of the bank’s stock valued at $440,000 after buying an additional 426 shares during the period. Victory Capital Management Inc. boosted its position in shares of FCB Financial Holdings by 16.7% in the first quarter. Victory Capital Management Inc. now owns 3,453 shares of the bank’s stock valued at $171,000 after buying an additional 494 shares during the period. Finally, Suntrust Banks Inc. boosted its position in shares of FCB Financial Holdings by 6.6% in the first quarter. Suntrust Banks Inc. now owns 8,795 shares of the bank’s stock valued at $435,000 after buying an additional 544 shares during the period. Hedge funds and other institutional investors own 95.44% of the company’s stock.

FCB Financial Holdings 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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Earnings History and Estimates for FCB Financial Holdings (NYSE:FCB)

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