With 0.8 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.59 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $74.075 whereas the lowest price it dropped to was $72.895. The 52-week range on PB shows that it touched its highest point at $75.28 and its lowest point at $49.60 during that stretch. It currently has a 1-year price target of $81.72. With its current market cap of 7.00 billion, PB has annualized dividend of $2.24 while the current yield stands at 3.05%. Beta for the stock currently stands at 0.91.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PB was down-trending over the past week, with a drop of -1.61%, but this was up by 3.58% over a month. Three-month performance surged to 1.00% while six-month performance rose 14.66%. The stock gained 46.68% in the past year, while it has gained 8.56% so far this year. A look at the trailing 12-month EPS for PB yields 4.70 with Next year EPS estimates of 5.82. For the next quarter, that number is 1.34. This implies an EPS growth rate of 11.33% for this year and 16.00% for next year. EPS is expected to grow by 9.24% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.42%.
Float and Shares Shorts:
At present, 93.72 million PB shares are outstanding with a float of 91.06 million shares on hand for trading. On 2024-09-30, short shares totaled 1.65 million, which was 173.0 higher than short shares on 1724976000. In addition to Mr. David E. Zalman as the firm’s Senior Chairman & CEO, Mr. H. E. Timanus Jr. serves as its Chairman of the Board.
Institutional Ownership:
Through their ownership of 0.82763 of PB’s outstanding shares, institutional investors have minority control over the company.
