Stock on Watch: FCB Financial Holdings, Inc. (FCB)

Company Profile:

FCB Financial Holdings, Inc. operates as the bank holding company for Florida Community Bank, N.A. that provides various financial products and services to individuals, small and medium-sized businesses, large businesses, and other local organizations and entities in south and central Florida. FCB Financial Holdings, Inc. operates through a network of 46 branches. The company was formerly known as Bond Street Holdings, Inc. and changed its name to FCB Financial Holdings, Inc. in June 2014. FCB Financial Holdings, Inc. was founded in 1923 and is headquartered in Weston, Florida.

Recent News:

The company reported third quarter 2017 net income of $32.2 million, or $0.70 per share on a fully diluted basis, and adjusted net income of $34.2 million, or $0.74 per share on a fully diluted basis. Net income rose 23% year-over-year and net income per diluted share rose 15%.

It reported second quarter 2017 net income of $35.1 million, or $0.76 per share on a fully diluted basis, and adjusted net income of $32.5 million, or $0.71 per share on a fully diluted basis. Net income rose 49% year-over-year and net income per diluted share rose 39%.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

FCB’s strengths can be seen in its strong growth and better profitability compared with its peers. Its net income has increased over several years. Technical indicators signal the bullish signs, as there is a bullish cross in Stochastic Oscillator and RSI (14) stands at 58.96 with positive bias. We rate FCB Financial Holdings, Inc. (FCB) a STRONG BUY.

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