Preferred Bank (PFBC)
| Market Cap | 1.02B |
| Revenue (ttm) | 408.56M |
| Net Income (ttm) | 145.43M |
| Shares Out | 13.39M |
| EPS (ttm) | 10.36 |
| PE Ratio | 7.32 |
| Forward PE | 7.87 |
| Dividend | $2.80 (3.69%) |
| Ex-Dividend Date | Jul 5, 2024 |
| Volume | 40,575 |
| Open | 75.12 |
| Previous Close | 75.15 |
| Day's Range | 74.47 - 76.11 |
| 52-Week Range | 54.21 - 81.13 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 68.00 (-10.34%) |
| Earnings Date | Jul 17, 2024 |
About PFBC
Preferred Bank provides various commercial banking products and services to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals. The company accepts checking, savings, and money market deposit accounts; fixed-rate and fixed maturity retail, and non-retail certificates of deposit; and individual retirement accounts. It also provides real estate mortgage loans that are secured by retail, industrial, office, special purpose, and residential single and m... [Read more]
Financial Performance
In 2023, Preferred Bank's revenue was $481.76 million, an increase of 89.37% compared to the previous year's $254.40 million. Earnings were $150.04 million, an increase of 16.45%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for PFBC stock is "Buy" and the 12-month stock price forecast is $68.0.
News
Preferred Bank Announces Quarterly Cash Dividend
LOS ANGELES, June 20, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a q...
Preferred Bank Reports Quarterly Results
LOS ANGELES, April 23, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended March 31, 2024. Preferred Ba...
Preferred Bank Announces 2024 First Quarter Earnings Release and Conference Call
LOS ANGELES, April 11, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for ...
CORRECTION – Preferred Bank Announces Quarterly Cash Dividend
LOS ANGELES, March 20, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline today by Preferred Bank, (NASDAQ: PFBC), please note that in the first paragraph, the dividend payable date ...
Preferred Bank Reports Quarterly and Annual Results
LOS ANGELES, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended December 31, 2023. Preferred ...
Preferred Bank Announces Continuation of Share Repurchase Plan
LOS ANGELES, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, today announced that the Board of Directors has approved the repurchase of a...
Preferred Bank Announces 2023 Fourth Quarter Earnings Release and Conference Call
LOS ANGELES, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for t...
Preferred Bank Announces Increased Cash Dividend
LOS ANGELES, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today reported that the Board of Directors has increased the...
Preferred Bank Reports Quarterly Earnings
LOS ANGELES, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended September 30, 2023. Preferred...
Preferred Bank Announces 2023 Third Quarter Earnings Release and Conference Call
LOS ANGELES, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for t...
Preferred Bank Announces Share Repurchase Plan
LOS ANGELES, June 12, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, today announced that it had received all the required approvals to begin its...
Preferred Bank Opens Houston Office
LOS ANGELES, May 31, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), one of the larger independent banks headquartered in California, is pleased to announce the opening of its ne...
Preferred Bank Announces 2023 First Quarter Earnings Release and Conference Call
LOS ANGELES, April 11, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for ...
Preferred Bank Issues Updated Financial Data
LOS ANGELES, March 10, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, updates the following (unaudited) financial information in light of the rec...
Preferred Bank Reports Record Quarterly Earnings Again
LOS ANGELES, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended December 31, 2022. Preferred ...
Preferred Bank Announces 2022 Fourth Quarter Earnings Release and Conference Call
LOS ANGELES, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for t...
Preferred Bank Increases Quarterly Cash Dividend
LOS ANGELES, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a q...
Preferred Bank Reports Record Quarterly Earnings
LOS ANGELES, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended September 30, 2022. Preferred...
Preferred Bank Announces 2022 Third Quarter Earnings Release and Conference Call
LOS ANGELES, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for t...
Preferred Bank Declares Quarterly Cash Dividend
LOS ANGELES, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a ...
Preferred Bank Completes Stock Repurchase
LOS ANGELES, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today announced the completion of its $32 million stock repurchase program...
Preferred Bank Announces 2022 Second Quarter Earnings Release and Conference Call
LOS ANGELES, July 13, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for t...
Preferred Bank Announces 2022 First Quarter Earnings Release and Conference Call
LOS ANGELES, April 05, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for ...
Preferred Bank Reports Quarterly and Annual Earnings
LOS ANGELES, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter and year ended December 31, 2021. P...
Preferred Bank Announces 2021 Fourth Quarter Earnings Release and Conference Call
LOS ANGELES, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for t...