Preferred Bank (PFBC)

NASDAQ: PFBC · IEX Real-Time Price · USD
55.27
+0.17 (0.31%)
Mar 28, 2023, 4:00 PM EDT - Market closed
0.31%
Market Cap 797.64M
Revenue (ttm) 223.20M
Net Income (ttm) 113.78M
Shares Out 14.43M
EPS (ttm) 7.68
PE Ratio 7.20
Forward PE 7.11
Dividend $1.84 (3.33%)
Ex-Dividend Date Jan 5, 2023
Volume 125,335
Open 55.18
Previous Close 55.10
Day's Range 54.21 - 56.04
52-Week Range 51.91 - 77.75
Beta 1.06
Analysts Buy
Price Target 80.07 (+44.87%)
Earnings Date Apr 18, 2023

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... [Read more]

Sector Financials
IPO Date Apr 7, 1998
Employees 279
Stock Exchange NASDAQ
Ticker Symbol PFBC
Full Company Profile

Financial Performance

In 2021, Preferred Bank's revenue was $193.62 million, an increase of 7.44% compared to the previous year's $180.21 million. Earnings were $95.24 million, an increase of 37.10%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for PFBC stock is "Buy." The 12-month stock price forecast is $80.07, which is an increase of 44.87% from the latest price.

Price Target
$80.07
(44.87% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Bet on These 5 Low Leverage Stocks as Market Sentiment Improves

The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find. You may buy MCS, SKY, ALK, PFBC and ICFI.

Other symbols: ALKICFIMCSSKY
19 hours ago - Zacks Investment Research

Preferred Bank Announces Quarterly Cash Dividend

LOS ANGELES, March 27, 2023 (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 ...

1 day ago - GlobeNewsWire

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...

2 weeks ago - GlobeNewsWire

Is Preferred Bank (PFBC) a Solid Growth Stock? 3 Reasons to Think "Yes"

Preferred Bank (PFBC) could produce exceptional returns because of its solid growth attributes.

1 month ago - Zacks Investment Research

Buy These 5 Low-Leverage Stocks Amid Waning Inflation Woes

The crux of safe investment lies in choosing a company that is not burdened with debt. One may choose from OXM, ALK, LIN, PFBC and RNR to remain shielded in times of crisis.

Other symbols: ALKLINOXMRNR
1 month ago - Zacks Investment Research

Preferred Bank (PFBC) is an Incredible Growth Stock: 3 Reasons Why

Preferred Bank (PFBC) could produce exceptional returns because of its solid growth attributes.

2 months ago - Zacks Investment Research

Preferred Bank (PFBC) Beats Q4 Earnings and Revenue Estimates

Preferred Bank (PFBC) delivered earnings and revenue surprises of 5.45% and 3.76%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

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 ...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

4 Stocks to Watch on Dividend Hikes Before 2022 Comes to a Close

Sandstorm Gold Ltd. (SAND), The Mosaic Company (MOS), The Ensign Group, Inc. (ENSG) and Preferred Bank (PFBC) recently hiked dividends.

Other symbols: ENSGMOSSAND
3 months ago - Zacks Investment Research

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...

3 months ago - GlobeNewsWire

Preferred Bank (PFBC): Strong Industry, Solid Earnings Estimate Revisions

Preferred Bank (PFBC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

4 months ago - Zacks Investment Research

Earnings Estimates Moving Higher for Preferred Bank (PFBC): Time to Buy?

Preferred Bank (PFBC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

5 months ago - Zacks Investment Research

Wall Street Analysts Predict a 26% Upside in Preferred Bank (PFBC): Here's What You Should Know

The mean of analysts' price targets for Preferred Bank (PFBC) points to a 25.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among a...

5 months ago - Zacks Investment Research

Preferred Bank (PFBC) Tops Q3 Earnings and Revenue Estimates

Preferred Bank (PFBC) delivered earnings and revenue surprises of 13.21% and 7.16%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

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...

5 months ago - GlobeNewsWire

3 Under-the-Radar Small-Cap Stocks With 100% Upside Potential

If under-the-radar small-cap stocks are your jam, I've got three selections from the S&P SmallCap 600 that might be right up your alley. The small-cap index is down 20.3% year to date.

Other symbols: DVAXOXM
5 months ago - InvestorPlace

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...

6 months ago - GlobeNewsWire

Preferred Bank (PFBC) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Preferred Bank (PFBC) have what it takes?

6 months ago - Zacks Investment Research

Preferred Bank (PFBC) Upgraded to Buy: Here's What You Should Know

Preferred Bank (PFBC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

6 months ago - Zacks Investment Research

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 ...

6 months ago - GlobeNewsWire

Why Preferred Bank (PFBC) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Preferred Bank (PFBC) have what it takes?

7 months ago - Zacks Investment Research

Why Preferred Bank (PFBC) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Preferred Bank (PFBC) have what it takes?

7 months ago - Zacks Investment Research

Preferred Bank (PFBC) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Preferred Bank (PFBC) have what it takes?

8 months ago - Zacks Investment Research

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...

8 months ago - GlobeNewsWire