Preferred Bank (PFBC)

Market Cap	1.15B
Revenue (ttm)	351.76M
Net Income (ttm)	150.04M
Shares Out	14.90M
EPS (ttm)	10.53
PE Ratio	7.30
Forward PE	8.03
Dividend	$2.80 (3.64%)
Ex-Dividend Date	Apr 4, 2024

Volume	162,508
Open	77.13
Previous Close	76.94
Day's Range	76.37 - 78.57
52-Week Range	42.42 - 79.08
Beta	1.02
Analysts	Buy
Price Target	68.00 (-11.56%)
Earnings Date	Apr 23, 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 in the United States. 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 res...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Apr 7, 1998
• Employees: 299
• Stock Exchange: NASDAQ
• Ticker Symbol: PFBC

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%.

Analyst Forecast

According to one analyst, the rating for PFBC stock is "Buy" and the 12-month stock price forecast is $68.0.

Price Target

$68.0

(-11.56% downside)

Analyst Consensus: Buy