Preferred Bank (PFBC)

Market Cap	1.23B
Revenue (ttm)	260.39M
Net Income (ttm)	136.28M
Shares Out	13.27M
EPS (ttm)	9.99
PE Ratio	9.32
Forward PE	10.51
Dividend	$2.80 (3.01%)
Ex-Dividend Date	Oct 7, 2024

Volume	46,235
Open	92.82
Previous Close	92.80
Day's Range	91.47 - 93.08
52-Week Range	61.24 - 97.21
Beta	0.94
Analysts	Buy
Price Target	99.50 (+6.9%)
Earnings Date	Oct 21, 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...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Apr 7, 1998
• Employees: 300
• Stock Exchange: NASDAQ
• Ticker Symbol: PFBC
• Website: https://www.preferredbank.com

Financial Performance

In 2023, Preferred Bank's revenue was $275.59 million, an increase of 13.87% compared to the previous year's $242.03 million. Earnings were $150.04 million, an increase of 16.45%.

Analyst Forecast

According to 2 analysts, the average rating for PFBC stock is "Buy." The 12-month stock price forecast is $99.5, which is an increase of 6.90% from the latest price.

Price Target

$99.5

(6.90% upside)

Analyst Consensus: Buy