Preferred Bank (PFBC)
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]
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 StatementsAnalyst 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.
News
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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...
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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...
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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...
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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 ...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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...
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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....
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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...
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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...
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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...
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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...
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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...
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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 ...
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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 ...
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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...
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Preferred Bank (PFBC) Q4 2023 Earnings Call Transcript
Preferred Bank (PFBC) Q4 2023 Earnings Call Transcript
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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 ...
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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...
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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...
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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...