Preferred Bank/PFBC

$73.35

-0.32%
-
1D1W1MYTD1YMAX

About Preferred Bank

Preferred Bank is an independent commercial bank focusing primarily on the California market. The Bank provides a range of financial services. The Bank offers a range of deposit and loan products and services to both commercial and consumer customers. The Bank provides personalized deposit services as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses, entrepreneurs, real estate developers, professionals, and high net worth individuals. The Bank conducts its banking business from its main office in Los Angeles, California, and through 11 full-service branch banking offices in California (Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Pico Rivera, Tarzana, and San Francisco) and one branch in Flushing, New York. In addition, the Bank operates a loan production office in the Houston, Texas suburb of Sugar Land. Its business activities come from the mainstream markets of Southern and Northern California.

Ticker

PFBC

Sector

Financials

Trading on

NASDAQ

Industry

Money Center Banks

CEO

Li Yu

Employees

300

Headquarters

Los angeles, United States

Preferred Bank Metrics

BasicAdvanced
$996.33M
Market cap
6.97
P/E ratio
$10.52
EPS
1.03
Beta
$2.35
Dividend rate
3.82%
Dividend yield
$996.33M
1.02803
$77.65
$42.42
91.6K
$2.35
21.325
21.325
21.85%
2.29%
22.64%
6.973
3.36
1.433
1.433
7.025
2.47%
3.2%
3.82%
62.37%
20.67%
30.66%
31.24%
25.11%

What the Analysts think about Preferred Bank

Analyst Ratings

Majority rating from 5 analysts.
Buy

Price Targets

Average projection from 4 analysts.
12.47% upside
High $85.00
Low $80.00
$73.35
Current price
$82.50
Average price target

Preferred Bank Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
28.18% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$127M
-1.09%
Net income
$35.8M
-6.04%
Profit margin
28.18%
-5.02%

Preferred Bank Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 2.43%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$2.61
$2.61
$2.71
$2.60
-
Expected
$2.56
$2.45
$2.56
$2.54
$2.38
Surprise
1.95%
6.32%
5.83%
2.43%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Preferred Bank stock?

Preferred Bank (PFBC) has a market cap of $996.33M as of April 15, 2024.

What is the P/E ratio for Preferred Bank stock?

The price to earnings (P/E) ratio for Preferred Bank (PFBC) stock is 6.97 as of April 15, 2024.

Does Preferred Bank stock pay dividends?

Yes, the Preferred Bank (PFBC) stock pays dividends to shareholders. As of April 15, 2024, the dividend rate is $2.35 and the yield is 3.82%. Preferred Bank has a payout ratio of 21.85% on a trailing twelve-month basis.

When is the next Preferred Bank dividend payment date?

The next Preferred Bank (PFBC) dividend payment is scheduled for April 19, 2024.

What is the beta indicator for Preferred Bank?

Preferred Bank (PFBC) has a beta rating of 1.03. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Preferred Bank stock price target?

The target price for Preferred Bank (PFBC) stock is $82.5, which is 12.47% above the current price of $73.35. This is an average based on projections from 4 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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