Preferred Bank (PFBC)

NASDAQ: PFBC · Real-Time Price · USD
88.00
-1.25 (-1.40%)
Feb 21, 2025, 4:00 PM EST - Market closed
-1.40%
Market Cap 1.16B
Revenue (ttm) 274.09M
Net Income (ttm) 130.66M
Shares Out 13.19M
EPS (ttm) 9.64
PE Ratio 9.13
Forward PE 9.06
Dividend $3.00 (3.41%)
Ex-Dividend Date Jan 10, 2025
Volume 69,058
Open 89.93
Previous Close 89.25
Day's Range 87.70 - 89.93
52-Week Range 69.69 - 99.78
Beta 0.97
Analysts Hold
Price Target 104.00 (+18.18%)
Earnings Date Jan 27, 2025

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]

Sector Financials
IPO Date Apr 7, 1998
Employees 300
Stock Exchange NASDAQ
Ticker Symbol PFBC
Full Company Profile

Financial Performance

In 2024, Preferred Bank's revenue was $274.09 million, a decrease of -0.54% compared to the previous year's $275.59 million. Earnings were $130.66 million, a decrease of -12.92%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for PFBC stock is "Hold." The 12-month stock price forecast is $104.0, which is an increase of 18.18% from the latest price.

Price Target
$104.0
(18.18% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Preferred Bank: Limited Impact From LA Wildfires Expected

Preferred Bank is a U.S. regional bank specialized in mortgage lending. Q4 2024 results were negatively impacted by a one-off rental expense. The outlook for Q1 2025 shows that quarterly EPS should re...

18 days ago - Seeking Alpha

Preferred Bank Announces Fire Relief Donations

LOS ANGELES, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (the “Bank”) one of the larger independent California banks, today reported that the Board of Directors had approved a sig...

22 days ago - GlobeNewsWire

Preferred Bank (PFBC) Q4 2024 Earnings Call Transcript

Preferred Bank (NASDAQ:PFBC) Q4 2024 Earnings Conference Call January 28, 2025 2:00 PM ET Company Participants Jeff Haas - Financial Profiles Li Yu - Chairman and CEO Edward Czajka - CFO Wellington C...

24 days ago - Seeking Alpha

Preferred Bank Reports Fourth Quarter and Annual Results

LOS ANGELES, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended December 31, 2024. Preferred ...

25 days ago - GlobeNewsWire

Preferred Bank Announces 2024 Fourth Quarter Earnings Release and Conference Call

LOS ANGELES, Jan. 10, 2025 (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...

6 weeks ago - GlobeNewsWire

Preferred Bank Announces Dividend Increase

LOS ANGELES, Dec. 26, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has increased th...

2 months ago - GlobeNewsWire

Preferred Bank Announces Additional Q4 Expense

LOS ANGELES, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, today announced that the Bank had uncovered an unreconciled difference in it...

2 months ago - GlobeNewsWire

Preferred Bank (PFBC) Q3 2024 Earnings Call Transcript

Preferred Bank (NASDAQ:PFBC) Q3 2024 Earnings Call Transcript October 21, 2024 2:00 PM ET Company Participants Jeff Haas - Financial Profiles Li Yu - Chairman and CEO Edward Czajka - CFO Wellington C...

4 months ago - Seeking Alpha

Preferred Bank Announces 2024 Third Quarter Earnings Release and Conference Call

LOS ANGELES, Oct. 15, 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...

4 months ago - GlobeNewsWire

Preferred Bank Announces Quarterly Cash Dividend

LOS ANGELES, Sept. 19, 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 ...

5 months ago - GlobeNewsWire

Preferred Bank Announces Approval to Continue Share Repurchase Plan

LOS ANGELES, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, today announced that the Bank has received regulatory approval to continue i...

6 months ago - GlobeNewsWire

Preferred Bank: Solid Upside Should Continue Despite Some Weaknesses

Preferred Bank shares have outperformed the market slightly, up 10.1% in recent months. Despite some weaknesses in financial results, deposit, and loan growth have powered the bank to greater heights....

6 months ago - Seeking Alpha

Preferred Bank (PFBC) Q2 2024 Earnings Call Transcript

Preferred Bank (NASDAQ:PFBC) Q2 2024 Earnings Conference Call July 26, 2024 2:00 PM ET Company Participants Jeff Haas - Financial Profiles Li Yu - Chairman and CEO Edward Czajka - CFO Wellington Chen...

7 months ago - Seeking Alpha

Preferred Bank Reports Quarterly Results

LOS ANGELES, July 25, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended June 30, 2024. Preferred Bank...

7 months ago - GlobeNewsWire

Preferred Bank Announces 2024 Second Quarter Earnings Release and Conference Call

LOS ANGELES, July 10, 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...

8 months ago - GlobeNewsWire

Preferred Bank: Interesting Dividend But Under Certain Conditions

Preferred Bank is a small bank with strong performance and a fast-growing dividend, making it attractive to investors. The bank's profitability is above average, with a high loan yield and positive as...

9 months ago - Seeking Alpha

Preferred Bank (PFBC) Q1 2024 Earnings Call Transcript

Preferred Bank (NASDAQ:PFBC) Q1 2024 Earnings Conference Call April 23, 2024 2:00 PM ET Company Participants Jeff Haas - Executive Vice President of General Information Li Yu - Chairman & Chief Execu...

10 months ago - Seeking Alpha

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 ...

11 months ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

Preferred Bank Still Remains A Solid Prospect

Preferred Bank's shares have underperformed the broader market, but revenue and profits have remained positive. The bank's 2023 fiscal year showed positive growth in net interest income and net income...

1 year ago - Seeking Alpha

Preferred Bank (PFBC) Q4 2023 Earnings Call Transcript

Preferred Bank (PFBC) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire