Private Bancorp of America (PBAM)
Market Price (11/6/2026): $86.27 | Market Cap: $494.0 MilSector: Financials | Industry: Regional Banks
Private Bancorp of America (PBAM)
Market Price (11/6/2026): $86.27Market Cap: $494.0 MilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.0% Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -107% Low stock price volatilityVol 12M is 15% Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Digital & Alternative Assets. Themes include Online Banking & Lending, Digital Payments, Show more. | Key risksPBAM key risks include [1] potential loan losses from its portfolio of commercial real estate and industrial loans, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.0% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -107% |
| Low stock price volatilityVol 12M is 15% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Digital & Alternative Assets. Themes include Online Banking & Lending, Digital Payments, Show more. |
| Key risksPBAM key risks include [1] potential loan losses from its portfolio of commercial real estate and industrial loans, Show more. |
Qualitative Assessment
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Updated on 11/1/2026
Private Bancorp of America (PBAM) stock has remained largely at the same level since 7/31/2026 because of the following key factors:
1. Mixed Q3 2026 Financial Results Presented a Balanced Outlook. Private Bancorp of America reported mixed financial results for its fiscal Q3 2026 (ended September 30, 2026) on October 16, 2026, which likely contributed to the stock remaining largely flat. The company announced an earnings per share (EPS) of $1.97, missing the consensus estimate of $2.07 by $0.10. However, quarterly revenue of $35.56 million surpassed analyst estimates of $35.07 million. Net income for the quarter was $11.4 million, a decrease from the prior fiscal quarter's $13.1 million, but an increase compared to $9.7 million in Q3 2025. This combination of an EPS miss and a revenue beat, alongside a sequential decline in net income but year-over-year growth, created a balanced picture that did not provoke a strong directional movement in the stock.
2. Increase in Criticized Loans and Decline in Net Interest Margin. Despite some positive financial metrics, the company's Q3 2026 report also highlighted an increase in criticized loans and a slight decline in net interest margin (NIM), which could have tempered investor enthusiasm. Criticized loans rose to $71.9 million, representing 3.29% of total loans, up from $58.0 million, or 2.72% at the end of fiscal Q2 2026. Nonperforming assets also increased by $2.8 million to $43.3 million during the quarter. Concurrently, the net interest margin for Q3 2026 was 5.05%, a slight decrease from 5.18% in the prior quarter. These credit quality concerns and a marginally tighter NIM likely offset the positive revenue performance, keeping the stock in check.
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Private Bancorp of America (PBAM) stock has remained largely at the same level since 7/31/2026 because of the following key factors:
1. Mixed Q3 2026 Financial Results Presented a Balanced Outlook. Private Bancorp of America reported mixed financial results for its fiscal Q3 2026 (ended September 30, 2026) on October 16, 2026, which likely contributed to the stock remaining largely flat. The company announced an earnings per share (EPS) of $1.97, missing the consensus estimate of $2.07 by $0.10. However, quarterly revenue of $35.56 million surpassed analyst estimates of $35.07 million. Net income for the quarter was $11.4 million, a decrease from the prior fiscal quarter's $13.1 million, but an increase compared to $9.7 million in Q3 2025. This combination of an EPS miss and a revenue beat, alongside a sequential decline in net income but year-over-year growth, created a balanced picture that did not provoke a strong directional movement in the stock.
2. Increase in Criticized Loans and Decline in Net Interest Margin. Despite some positive financial metrics, the company's Q3 2026 report also highlighted an increase in criticized loans and a slight decline in net interest margin (NIM), which could have tempered investor enthusiasm. Criticized loans rose to $71.9 million, representing 3.29% of total loans, up from $58.0 million, or 2.72% at the end of fiscal Q2 2026. Nonperforming assets also increased by $2.8 million to $43.3 million during the quarter. Concurrently, the net interest margin for Q3 2026 was 5.05%, a slight decrease from 5.18% in the prior quarter. These credit quality concerns and a marginally tighter NIM likely offset the positive revenue performance, keeping the stock in check.
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Updated on 11/1/2026
Private Bancorp of America (PBAM) stock has remained largely at the same level since 7/31/2026 because of the following key factors:
1. Mixed Q3 2026 Financial Results Presented a Balanced Outlook. Private Bancorp of America reported mixed financial results for its fiscal Q3 2026 (ended September 30, 2026) on October 16, 2026, which likely contributed to the stock remaining largely flat. The company announced an earnings per share (EPS) of $1.97, missing the consensus estimate of $2.07 by $0.10. However, quarterly revenue of $35.56 million surpassed analyst estimates of $35.07 million. Net income for the quarter was $11.4 million, a decrease from the prior fiscal quarter's $13.1 million, but an increase compared to $9.7 million in Q3 2025. This combination of an EPS miss and a revenue beat, alongside a sequential decline in net income but year-over-year growth, created a balanced picture that did not provoke a strong directional movement in the stock.
2. Increase in Criticized Loans and Decline in Net Interest Margin. Despite some positive financial metrics, the company's Q3 2026 report also highlighted an increase in criticized loans and a slight decline in net interest margin (NIM), which could have tempered investor enthusiasm. Criticized loans rose to $71.9 million, representing 3.29% of total loans, up from $58.0 million, or 2.72% at the end of fiscal Q2 2026. Nonperforming assets also increased by $2.8 million to $43.3 million during the quarter. Concurrently, the net interest margin for Q3 2026 was 5.05%, a slight decrease from 5.18% in the prior quarter. These credit quality concerns and a marginally tighter NIM likely offset the positive revenue performance, keeping the stock in check.
3. NASDAQ Uplisting and Potential Russell 2000 Inclusion Provided Support. The company's recent uplisting to NASDAQ on July 30, 2026, and the potential for inclusion in the Russell 2000 Index likely provided underlying support for the stock, preventing a significant decline. The move to NASDAQ was anticipated to increase trading volume and market visibility. Management also noted that potential inclusion in the Russell 2000 Index could provide "additional momentum." These corporate actions and prospects for enhanced market presence likely counteracted some of the negative sentiment from the mixed earnings report and credit quality trends.
4. Neutral Insider Trading Activity and Moderate Analyst Sentiment. The absence of significant insider trading activity (above USD 5 million) and generally moderate analyst ratings also contributed to the stock's stable trend. There were no open-market insider buys or sells reported for Private Bancorp of America in the last 90 days, indicating a neutral sentiment among insiders regarding any major mispricing of the stock. Additionally, Wall Street analysts maintained a "Moderate Buy" consensus rating based on 5 analysts, with an average price target of $96.00, suggesting a modest upside of approximately 12.49% from the stock's price of $85.34 as of October 31, 2026. This balanced view from both insiders and analysts likely reinforced the stock's largely unchanged level during the period.
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Private Bancorp of America (PBAM) stock has remained largely at the same level since 7/31/2026 because of the following key factors:
1. Mixed Q3 2026 Financial Results Presented a Balanced Outlook. Private Bancorp of America reported mixed financial results for its fiscal Q3 2026 (ended September 30, 2026) on October 16, 2026, which likely contributed to the stock remaining largely flat. The company announced an earnings per share (EPS) of $1.97, missing the consensus estimate of $2.07 by $0.10. However, quarterly revenue of $35.56 million surpassed analyst estimates of $35.07 million. Net income for the quarter was $11.4 million, a decrease from the prior fiscal quarter's $13.1 million, but an increase compared to $9.7 million in Q3 2025. This combination of an EPS miss and a revenue beat, alongside a sequential decline in net income but year-over-year growth, created a balanced picture that did not provoke a strong directional movement in the stock.
2. Increase in Criticized Loans and Decline in Net Interest Margin. Despite some positive financial metrics, the company's Q3 2026 report also highlighted an increase in criticized loans and a slight decline in net interest margin (NIM), which could have tempered investor enthusiasm. Criticized loans rose to $71.9 million, representing 3.29% of total loans, up from $58.0 million, or 2.72% at the end of fiscal Q2 2026. Nonperforming assets also increased by $2.8 million to $43.3 million during the quarter. Concurrently, the net interest margin for Q3 2026 was 5.05%, a slight decrease from 5.18% in the prior quarter. These credit quality concerns and a marginally tighter NIM likely offset the positive revenue performance, keeping the stock in check.
3. NASDAQ Uplisting and Potential Russell 2000 Inclusion Provided Support. The company's recent uplisting to NASDAQ on July 30, 2026, and the potential for inclusion in the Russell 2000 Index likely provided underlying support for the stock, preventing a significant decline. The move to NASDAQ was anticipated to increase trading volume and market visibility. Management also noted that potential inclusion in the Russell 2000 Index could provide "additional momentum." These corporate actions and prospects for enhanced market presence likely counteracted some of the negative sentiment from the mixed earnings report and credit quality trends.
4. Neutral Insider Trading Activity and Moderate Analyst Sentiment. The absence of significant insider trading activity (above USD 5 million) and generally moderate analyst ratings also contributed to the stock's stable trend. There were no open-market insider buys or sells reported for Private Bancorp of America in the last 90 days, indicating a neutral sentiment among insiders regarding any major mispricing of the stock. Additionally, Wall Street analysts maintained a "Moderate Buy" consensus rating based on 5 analysts, with an average price target of $96.00, suggesting a modest upside of approximately 12.49% from the stock's price of $85.34 as of October 31, 2026. This balanced view from both insiders and analysts likely reinforced the stock's largely unchanged level during the period.
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Stock Movement Drivers
Fundamental Drivers
The 0.0% change in PBAM stock from 7/31/2026 to 11/5/2026 was primarily driven by a 4.2% change in the company's Net Income Margin (%).| (LTM values as of) | 7312026 | 11052026 | Change |
|---|---|---|---|
| Stock Price ($) | 84.10 | 84.12 | 0.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 130 | 133 | 2.1% |
| Net Income Margin (%) | 32.3% | 33.7% | 4.2% |
| P/E Multiple | 11.4 | 10.8 | -5.4% |
| Shares Outstanding (Mil) | 6 | 6 | -0.5% |
| Cumulative Contribution | 0.0% |
Market Drivers
7/31/2026 to 11/5/2026| Return | Correlation | |
|---|---|---|
| PBAM | 0.0% | |
| Market (SPY) | -1.9% | 50.8% |
| Sector (XLF) | 1.0% | 36.5% |
Fundamental Drivers
The 11.9% change in PBAM stock from 4/30/2026 to 11/5/2026 was primarily driven by a 5.8% change in the company's P/E Multiple.| (LTM values as of) | 4302026 | 11052026 | Change |
|---|---|---|---|
| Stock Price ($) | 75.15 | 84.12 | 11.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 130 | 133 | 2.1% |
| Net Income Margin (%) | 32.3% | 33.7% | 4.2% |
| P/E Multiple | 10.2 | 10.8 | 5.8% |
| Shares Outstanding (Mil) | 6 | 6 | -0.5% |
| Cumulative Contribution | 11.9% |
Market Drivers
4/30/2026 to 11/5/2026| Return | Correlation | |
|---|---|---|
| PBAM | 11.9% | |
| Market (SPY) | 2.3% | 34.9% |
| Sector (XLF) | 10.7% | 29.8% |
Fundamental Drivers
The 46.7% change in PBAM stock from 10/31/2025 to 11/5/2026 was primarily driven by a 34.7% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 11052026 | Change |
|---|---|---|---|
| Stock Price ($) | 57.35 | 84.12 | 46.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 122 | 133 | 9.0% |
| Net Income Margin (%) | 33.9% | 33.7% | -0.7% |
| P/E Multiple | 8.0 | 10.8 | 34.7% |
| Shares Outstanding (Mil) | 6 | 6 | 0.6% |
| Cumulative Contribution | 46.7% |
Market Drivers
10/31/2025 to 11/5/2026| Return | Correlation | |
|---|---|---|
| PBAM | 46.7% | |
| Market (SPY) | 8.4% | 27.9% |
| Sector (XLF) | 11.1% | 25.5% |
Fundamental Drivers
The 151.2% change in PBAM stock from 10/31/2023 to 11/5/2026 was primarily driven by a 129.4% change in the company's P/E Multiple.| (LTM values as of) | 10312023 | 11052026 | Change |
|---|---|---|---|
| Stock Price ($) | 33.49 | 84.12 | 151.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 95 | 133 | 39.3% |
| Net Income Margin (%) | 42.4% | 33.7% | -20.5% |
| P/E Multiple | 4.7 | 10.8 | 129.4% |
| Shares Outstanding (Mil) | 6 | 6 | -1.2% |
| Cumulative Contribution | 151.2% |
Market Drivers
10/31/2023 to 11/5/2026| Return | Correlation | |
|---|---|---|
| PBAM | 151.2% | |
| Market (SPY) | 81.3% | 17.7% |
| Sector (XLF) | 85.5% | 20.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PBAM Return | 46% | 20% | 8% | 65% | -0% | 46% | 355% |
| Peers Return | 52% | -2% | -7% | 20% | 11% | 17% | 117% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 105% |
Monthly Win Rates [3] | |||||||
| PBAM Win Rate | 67% | 50% | 50% | 75% | 42% | 73% | |
| Peers Win Rate | 65% | 45% | 45% | 58% | 55% | 51% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 45% | |
Max Drawdowns [4] | |||||||
| PBAM Max Drawdown | -9% | -10% | -28% | -8% | -15% | -10% | |
| Peers Max Drawdown | -22% | -24% | -48% | -19% | -25% | -16% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: BANC, CVBF, EWBC, HAFC, HOPE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/5/2026 (YTD)
How Low Can It Go
| Event | PBAM | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -13.3% | -18.8% |
| % Gain to Breakeven | 15.3% | 23.1% |
| Time to Breakeven | 172 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -27.8% | -6.7% |
| % Gain to Breakeven | 38.4% | 7.1% |
| Time to Breakeven | 101 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -39.5% | -33.7% |
| % Gain to Breakeven | 65.2% | 50.9% |
| Time to Breakeven | 300 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -14.4% | -19.2% |
| % Gain to Breakeven | 16.9% | 23.8% |
| Time to Breakeven | 1023 days | 105 days |
In The Past
Private Bancorp of America's stock fell -13.3% during the 2025 US Tariff Shock. Such a loss loss requires a 15.3% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | PBAM | S&P 500 |
|---|---|---|
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -27.8% | -6.7% |
| % Gain to Breakeven | 38.4% | 7.1% |
| Time to Breakeven | 101 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -39.5% | -33.7% |
| % Gain to Breakeven | 65.2% | 50.9% |
| Time to Breakeven | 300 days | 140 days |
In The Past
Private Bancorp of America's stock fell -13.3% during the 2025 US Tariff Shock. Such a loss loss requires a 15.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Private Bancorp of America (PBAM)
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Private Bancorp of America (PBAM) operates as a bank holding company, primarily through its wholly-owned subsidiary, Private Bank of California. Functioning as a community business bank, it provides a comprehensive suite of financial products and services. The company emphasizes a relationship-based banking model, aiming to be a trusted financial partner that understands and responds to the specific needs of its local clients.
The bank's main products and services include a variety of loan offerings such as commercial real estate loans, construction loans, commercial and industrial (C&I) loans, and Small Business Administration (SBA) guaranteed loans. On the deposit side, it provides a full range of products, including checking accounts, savings accounts, money market accounts, and certificates of deposit. These services are designed to meet the financial requirements of its targeted clientele.
Private Bancorp of America primarily serves small to medium-sized businesses, real estate investors, and high-net-worth individuals. Its operations are strategically focused on the dynamic business communities within Southern California, specifically catering to clients in the Los Angeles and Orange County metropolitan areas. By concentrating on these local markets, the company leverages its regional expertise to foster strong, lasting relationships with entrepreneurs, professionals, and property owners.
```AI Analysis | Feedback
Here are 1-3 brief analogies for Private Bancorp of America (PBAM):
It's like a regional First Republic Bank focused on businesses and high-net-worth individuals in Southern California.
Imagine the commercial banking and private wealth management divisions of a major bank like Bank of America, but operating as an independent, regional bank.
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- Commercial Lending: Provides various loans and lines of credit to businesses for operations, expansion, and commercial real estate financing.
- Deposit Services: Offers a range of checking, savings, money market, and certificate of deposit accounts for both businesses and individuals.
- Treasury Management: Delivers cash management tools, online banking platforms, and payment solutions to help businesses manage their finances efficiently.
- Private Banking: Offers highly personalized banking services, including tailored lending and deposit solutions, to high-net-worth individuals and their businesses.
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Private Bancorp of America (PBAM) is a financial institution, specifically a bank holding company. As such, it does not typically have "major customers" in the traditional sense of selling products to a few large corporate entities. Instead, it serves various categories of clients with banking and financial services. Its customer base primarily includes:
- High-Net-Worth Individuals and Families: These clients typically utilize private banking services such as wealth management, specialized lending (e.g., tailored mortgages, lines of credit), trust and estate planning, and financial advisory services.
- Businesses and Entrepreneurs: This category includes small to medium-sized businesses, professional firms, and entrepreneurs seeking commercial loans, lines of credit, treasury management services, and business checking/savings accounts.
- Real Estate Investors and Professionals: Many banks, including those with a private banking focus, provide financing for commercial real estate projects, construction, and property acquisition for developers, investors, and real estate professionals.
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Rick L. Sowers President, CEO
Rick L. Sowers was appointed CEO in February 2020 and has a tenure of 6.5 years. He joined the bank on February 15, 2018, and collaborated with the previous CEO on the growth strategy. Prior to this role, he was with Accenture Consulting and CAST Management Consultants, specializing in bank efficiencies. In 2008, he joined Bank of Manhattan / Manhattan Bancorp as EVP & Chief Banking Officer, later becoming President of the bank. He served as President until Plaza Bank Irvine was successfully sold in 2017 following its merger with Bank of Manhattan.
Cory D. Stewart Executive Vice President, Corporate Secretary, and Chief Financial Officer
Cory D. Stewart joined Private Bancorp of America in January 2023, bringing over 25 years of finance and accounting experience. He previously served as Principal Accounting Officer at WaFd Bank, a publicly-traded regional bank, from 2016 to 2023. Before that, he was Chief Accounting Officer at HomeStreet Bank from 2012 to 2015. His career also includes roles as Director of Finance for Volt Information Sciences, Inc., FVP of Corporate Accounting Policy for Washington Mutual Bank, and an Audit Manager at PwC.
Michael Pierron Executive Vice President and Chief Operating Officer
Michael Pierron joined the bank in April 2026 and possesses over 25 years of experience in banking operations, payments, technology, strategic execution, and enterprise transformation. He previously spent seven years as EVP, Head of Payments at a regional bank, where he focused on increasing core relationship deposits, enhancing treasury management offerings, and improving profitability.
Curtis Birkmann Executive Vice President and Chief Technology Officer
Curtis Birkmann was appointed Chief Tech/Sci/R&D Officer on April 30, 2020.
Robert Tidd Executive Vice President and General Counsel
Robert Tidd joined CalPrivate Bank as Executive Vice President and General Counsel, effective July 7, 2026. He brings nearly 20 years of experience advising financial institutions on legal, regulatory, privacy, and governance matters, having previously served as SVP, Senior Counsel, Chief Operations Counsel, and Chief Privacy Officer.
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The key risks to Private Bancorp of America (PBAM) are primarily related to its operations as a financial institution.
- Credit Risk and Loan Losses: As a commercial bank, Private Bancorp of America is exposed to the risk of loan losses, particularly from its portfolio of commercial real estate loans, commercial and industrial loans, and government-guaranteed lending programs. Factors such as a decline in economic conditions or specific industry downturns could lead to an increase in non-performing loans and negatively impact the bank's financial performance. The company's financial disclosures highlight "loan losses" as an important factor that could cause actual results to differ materially from forward-looking statements.
- Interest Rate Fluctuations: The bank's profitability is significantly influenced by changes in interest rates. Fluctuations in interest rates can affect the net interest margin—the difference between the interest earned on assets (like loans) and the interest paid on liabilities (like deposits)—thereby impacting the bank's net interest income. The company explicitly states that "fluctuations in interest rates" could cause actual results to differ materially from what is anticipated.
- Liquidity Risk and Unexpected Deposit Withdrawals: Private Bancorp of America faces the risk that depositors may withdraw funds unexpectedly, or that counterparties may be unable to provide anticipated liquidity sources. This could strain the bank's ability to meet its financial obligations or fund its operations. This risk is identified as an important factor that could lead to material differences in actual results.
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Here's an analysis of the addressable markets for Private Bancorp of America (PBAM)'s main products and services:
Addressable Markets for Private Bancorp of America (PBAM)
Private Bancorp of America (PBAM), through its subsidiary CalPrivate Bank, primarily serves individuals and businesses in coastal Southern California. Its main products and services include commercial banking, commercial real estate lending, small business/SBA lending, and wealth management.
1. Community Banking / Commercial Banking (Region: California)
- As of June 30, 2025, the total assets for 97 identified "true" community banks in California amounted to approximately $168.012 billion USD.
- For a broader context, the U.S. community banking market was valued at $6.35 billion USD in 2024, with North America holding over 40% of the global market, generating $6.68 billion USD in revenue in 2024. The global community banking market is projected to grow from $16.7 billion USD in 2024 to an estimated $29.07 billion USD by 2034.
2. Commercial Real Estate (CRE) Lending (Region: California)
- Direct spending on California Commercial Real Estate (CRE), encompassing site development, hard costs, and tenant improvements, was approximately $34.18 billion USD in 2025.
- California's commercial lending market is characterized as large, capital-rich, and highly fragmented.
- The broader U.S. Real Estate Loan Market reached a valuation of $3.5 trillion USD in 2024, growing at a Compound Annual Growth Rate (CAGR) of 10.6%.
3. Small Business Lending / Government-Guaranteed Lending (SBA Loans) (Region: California)
- California businesses secured approximately 70,000 SBA 7(a) loans totaling roughly $40.6 billion USD in Fiscal Year 2025, representing the largest dollar volume of any state.
- In 2021, reporting banks issued $45.6 billion USD in loans to California businesses with revenues of $1 million USD or less, including $18.1 billion USD in loans of $100,000 USD or less.
- California is home to over 4.2 million small businesses, more than any other state in the nation.
4. Wealth Management
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Private Bancorp of America (NASDAQ: PBAM), through its subsidiary CalPrivate Bank, is expected to drive future revenue growth over the next 2-3 years through several key strategies:
- Expansion of Loan Portfolio, particularly Commercial Real Estate (CRE) and Commercial & Industrial (C&I) Loans: The bank's operations are significantly driven by net interest income from commercial lending, including commercial and industrial loans and commercial real estate lending. In the first quarter of 2026, loans held for investment increased by $14.8 million, primarily due to growth in commercial real estate loan balances. The company's strategy involves opportunistically lending across all channels and regions at desirable rates of return to enhance Net Interest Income.
- Growth in Core Deposits: Strong core deposit growth is highlighted as a significant factor in the company's financial performance. For example, core deposits increased by 7.7% from the prior quarter and 13.5% year-over-year in the first quarter of 2026. This growth contributes to an improved net interest margin and reduces reliance on higher-cost funding, thereby supporting overall revenue expansion.
- Strategic Expansion and Deepening Penetration in Coastal Southern California Markets: CalPrivate Bank operates branches across key Southern California markets, including La Jolla, San Diego, Coronado, Newport Beach, Beverly Hills, El Segundo, Temecula, Mission Valley, and Redlands. The company's "branch-light, high-touch relationship-based model" aims to serve high-net-worth individuals and small to medium-sized businesses in these target urban markets, suggesting continued focus on organic expansion within these affluent regions.
- Enhanced Net Interest Margin (NIM) Performance through Disciplined Pricing: The bank actively manages its net interest margin. In the first quarter of 2026, exceptional deposit growth and net interest margin performance were cited as drivers of strong earnings. The company has shown a proactive approach to managing deposit pricing in response to market conditions, indicating a continued focus on optimizing its net interest income.
- Expansion of Wealth Management and Specialized Services: Private Bancorp of America offers wealth management and specialized services like legal services specialties to its client base of high-net-worth individuals and businesses. These services represent opportunities for fee income generation and align with the bank's relationship-based model, offering comprehensive financial solutions to its clientele.
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Share Repurchases
- Private Bancorp of America completed its Second Stock Repurchase Program on June 1, 2022, repurchasing 60,000 shares. The Board had authorized repurchases through December 31, 2022.
- The company announced a stock repurchase program of up to $5 million in September 2025, authorized through December 31, 2025.
- During Q4 2025, 86,594 shares were repurchased at an average price of $57.69, and in Q1 2026, an additional 44,214 shares were repurchased at an average price of $67.80.
Capital Expenditures
- Capital expenditures were reported as -$1.32 million in the last 12 months as of August 1, 2026.
- The company's capital expenditures were -$0.56 million in fiscal year 2021, -$0.36 million in fiscal year 2022, -$0.84 million in fiscal year 2023, -$1.51 million in fiscal year 2024, and -$1.55 million in fiscal year 2025.
- A decrease in capital expenditures has been observed, attributed to an uncertain economic environment.
Peer Outperformance in Regional Banks
PBAM has outperformed 98% of its 262 Regional Banks peers over 5Y. Regional Banks ranks 8th of 18 industries in Financials by median 5Y return.
Share of Regional Banks constituents that PBAM has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
82%
of 281 industry peers · 47.2% return
3Y
92%
of 273 industry peers · 148.0% return
5Y
98%
of 262 industry peers · 212.6% return
No Regional Banks peer with a comparable growth profile has beaten PBAM by more than 20pp over 5Y.
Median price return by industry across the Financials sector, ranked by 5Y. Regional Banks is PBAM's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Reinsurance | 6 | 33.1% | 75.7% | 125.1% | SPNT 168% · RGA 162% · RNR 141% |
| Investment Banking & Brokerage | 13 | -3.9% | 89.1% | 93.1% | IBKR 305% · SNEX 152% · GS 141% |
| Diversified Banks | 12 | 30.0% | 140.4% | 90.3% | CM 144% · RY 129% · JPM 127% |
| Life & Health Insurance | 20 | 14.3% | 52.3% | 75.4% | JXN 514% · UNM 224% · FG 188% |
| Property & Casualty Insurance | 42 | 18.9% | 76.8% | 66.8% | TRV 178% · PGR 172% · ACGL 168% |
| Multi-Sector Holdings | 3 | 10.1% | 53.8% | 59.4% | BRK-B 99% · VOYA 59% · JEF 37% |
| Multi-line Insurance | 9 | 9.5% | 71.4% | 59.4% | AIZ 105% · GNW 104% · L 98% |
| Regional Banks ← | 263 | 30.0% | 87.5% | 46.7% | CBC 268% · FCNCA 176% · NIC 136% |
| Insurance Brokers | 15 | 5.5% | 13.4% | 33.4% | LIFE 287% · ARX 89% · WTW 56% |
| Financial Exchanges & Data | 15 | 20.6% | 37.2% | 27.9% | CBOE 183% · VIRT 131% · CME 71% |
| Asset Management & Custody Banks | 83 | -5.9% | 22.8% | 12.3% | VCTR 210% · AAMI 207% · WT 205% |
| Consumer Finance | 30 | 2.9% | 81.0% | 8.1% | ENVA 330% · FCFS 130% · ECPG 111% |
| Commercial & Residential Mortgage Finance | 14 | -46.5% | 36.8% | 2.5% | FNMA 327% · FMCC 293% · ACT 158% |
| Diversified Financial Services | 4 | -1.6% | 20.1% | -1.1% | FRHC 153% · EQH 71% |
| Specialized Finance | 3 | 15.8% | 31.5% | -19.7% | HASI -20% · CACC -24% |
| Transaction & Payment Processing Services | 17 | 19.3% | 9.1% | -29.4% | V 103% · MA 94% · CPAY 83% |
| Mortgage REITs | 35 | -18.0% | -6.1% | -37.2% | RITM 36% · DX 17% · AGNC 10% |
| Diversified Capital Markets | 20 | -47.1% | -8.5% | -70.1% | LPLA 83% · TW 38% · RIOT -53% |
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 27.69 |
| Mkt Cap | 2.2 |
| Rev LTM | 575 |
| Op Inc LTM | - |
| FCF LTM | 364 |
| FCF 3Y Avg | 202 |
| CFO LTM | 388 |
| CFO 3Y Avg | 218 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 15.1% |
| Rev Chg 3Y Avg | 4.4% |
| Rev Chg Q | 11.7% |
| QoQ Delta Rev Chg LTM | 2.7% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 64.4% |
| CFO/Rev 3Y Avg | 40.6% |
| FCF/Rev LTM | 60.7% |
| FCF/Rev 3Y Avg | 38.3% |
Price Behavior
Price Behavior
| Market Price | $84.12 | |
| Market Cap ($ Bil) | 0.5 | |
| First Trading Date | 12/22/2015 | |
| Distance from 52W High | -7.8% | |
| 50 Days | 200 Days | |
| DMA Price | $87.05 | $76.51 |
| DMA Trend | indeterminate | up |
| Distance from DMA | -3.4% | 10.0% |
| 3M | 1YR | |
| Volatility | 15.0% | 14.7% |
| Downside Capture | 31.11 | 1.75 |
| Upside Capture | 44.32 | 51.65 |
| Correlation (S&P 500) | 20.2% | 18.8% |
PBAM Betas & Captures as of 10/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.54 | 0.34 | 0.34 | 0.22 | 0.22 | 0.16 |
| Up Beta | -1.57 | -1.04 | -0.14 | -0.10 | 0.12 | 0.14 |
| Down Beta | 0.32 | 0.13 | 0.20 | -0.08 | 0.06 | 0.22 |
| Up Capture | 81% | 47% | 49% | 49% | 43% | 10% |
| Bmk +ve Days | 12 | 18 | 28 | 62 | 130 | 427 |
| Stock +ve Days | 9 | 18 | 29 | 55 | 109 | 282 |
| Down Capture | 66% | 74% | 48% | 30% | 9% | -5% |
| Bmk -ve Days | 10 | 25 | 36 | 64 | 121 | 325 |
| Stock -ve Days | 13 | 25 | 32 | 49 | 89 | 276 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PBAM | |
|---|---|---|---|---|
| PBAM | 49.9% | 15.8% | 3.02 | - |
| Sector ETF (XLF) | 11.1% | 15.2% | 0.47 | 26.1% |
| Equity (SPY) | 9.5% | 13.6% | 0.41 | 30.4% |
| Gold (GLD) | 3.6% | 28.7% | 0.11 | 8.3% |
| Commodities (DBC) | 37.7% | 21.2% | 1.40 | -20.0% |
| Real Estate (VNQ) | 12.0% | 14.2% | 0.55 | 24.8% |
| Bitcoin (BTCUSD) | -20.8% | 43.3% | -0.42 | 6.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PBAM | |
|---|---|---|---|---|
| PBAM | 22.8% | 22.7% | 1.45 | - |
| Sector ETF (XLF) | 9.1% | 18.4% | 0.36 | 15.4% |
| Equity (SPY) | 11.3% | 17.3% | 0.48 | 13.1% |
| Gold (GLD) | 17.5% | 19.1% | 0.74 | -1.1% |
| Commodities (DBC) | 8.0% | 19.6% | 0.29 | -3.8% |
| Real Estate (VNQ) | 1.2% | 18.9% | -0.05 | 14.3% |
| Bitcoin (BTCUSD) | 5.9% | 51.5% | 0.29 | 10.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PBAM | |
|---|---|---|---|---|
| PBAM | 18.1% | 27.7% | 1.34 | - |
| Sector ETF (XLF) | 13.3% | 22.1% | 0.54 | 16.6% |
| Equity (SPY) | 14.9% | 18.0% | 0.70 | 14.6% |
| Gold (GLD) | 12.0% | 16.5% | 0.59 | -6.6% |
| Commodities (DBC) | 7.6% | 18.1% | 0.33 | 1.7% |
| Real Estate (VNQ) | 5.7% | 20.7% | 0.23 | 16.1% |
| Bitcoin (BTCUSD) | 61.3% | 66.2% | 1.01 | 4.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 10/27/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/16/2026 | -2.2% | 3.1% | |
| SUMMARY STATS | |||
| # Positive | 0 | 1 | 0 |
| # Negative | 1 | 0 | 0 |
| Median Positive | 3.1% | ||
| Median Negative | -2.2% | ||
| Max Positive | 3.1% | ||
| Max Negative | -2.2% | ||
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/16/2026 | -2.2% | 3.1% | |
| SUMMARY STATS | |||
| # Positive | 0 | 1 | 0 |
| # Negative | 1 | 0 | 0 |
| Median Positive | 3.1% | ||
| Median Negative | -2.2% | ||
| Max Positive | 3.1% | ||
| Max Negative | -2.2% | ||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 09/04/2026 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 09/04/2026 | 10-Q |
Industry Resources
| Financials Resources |
| Federal Reserve Economic Data |
| Federal Reserve |
| FDIC Data |
| American Banker |
| The Banker |
| Banking Technology |
| Regional Banks Resources |
| Bank Director |
| Independent Banker |
| S&P Global Market Intelligence |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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Core Cache Last Updated: 11/5/2026