First NBC Bank Holding Company (NASDAQ:FNBC) currently trades at $4.00 which is about -32.77% lower than the 52-week high of $31.26. The trading volume at ready counter moved to 3.55M shares as compared to 550,982.00 shares average traded volume. The stock failed to get pushed above the $5.70 barrier, the intraday high, after opening at $5.70. Analysts have a consensus target price of $12.30 in the 12-month period. Its market capitalization has now reached to $72.65M.
First NBC Bank Holding Company (NASDAQ:FNBC) was dropped to Underweight from Equal Weight at Barclays. It has earned a consensus buy rating, according to Zacks Investment Research. No analyst has rated the stock with a sell rating, 2 have assigned a hold rating, Zero says it’s a buy and 2 have assigned a strong buy rating to the company.
First NBC Bank Holding Company (FNBC) on January 3, 2017 announced that it has appointed Crowe Horwath LLP (“Crowe Horwath”) as its new independent auditor for the year ended December 31, 2016.
First NBC intends to work expeditiously with Crowe Horwath to finalize financial results for the third and fourth quarters of 2016 and complete the 2016 audit. The company will announce the time and date for the release of the results and a corresponding conference call as soon as practicable.
The company previously announced on November 2, 2016 preliminary unaudited financial results for the third quarter of 2016 for First NBC Bank, a wholly owned subsidiary of First NBC Bank Holding Company.
On September 2, 2016, First NBC announced that its previous independent auditor, Ernst & Young, had notified the company that it was declining to stand for re-appointment.
First NBC, headquartered in New Orleans, Louisiana, offers a broad range of financial services through its wholly-owned banking subsidiary, First NBC Bank, a Louisiana state non-member bank. First NBC’s primary markets are the New Orleans metropolitan area and the Florida panhandle, which it serves from 39 full service banking offices located throughout its markets.