Preferred Bank (PFBC)

Preferred Bank Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	408.56	481.76	254.4	193.62	180.21	170.88
Revenue Growth (YoY)	48.70%	89.37%	31.39%	7.44%	5.46%	4.83%
Gross Profit	408.56	481.76	254.4	193.62	180.21	170.88
Selling, General & Admin	52.38	52.05	49.42	45.05	41.97	41.5
Other Operating Expenses	-80.05	-15.93	-77.6	-104.85	-125.32	-100.98
Operating Expenses	-37.59	15.93	-28.18	-59.79	-83.35	-59.48
Operating Income	204.17	213.2	226.22	133.83	96.86	111.41
Interest Income	495.42	477.99	294.38	211.04	214.26	226.72
Interest Expense	211.27	188.61	47.02	25.16	40.11	62.08
Other Expense / Income	284.59	292.72	294.38	185.88	174.15	164.64
Pretax Income	203.74	209.85	179.2	133.83	96.86	111.41
Income Tax	58.31	59.81	50.35	38.59	27.39	33.04
Net Income	145.43	150.04	128.85	95.24	69.47	78.37
Net Income Growth	3.22%	16.45%	35.28%	37.10%	-11.36%	10.39%
Shares Outstanding (Basic)	14	14	15	15	15	15
Shares Outstanding (Diluted)	14	14	15	15	15	15
Shares Change	-5.92%	-3.70%	-0.38%	-0.13%	-1.16%	0.00%
EPS (Basic)	10.48	10.64	8.84	6.41	4.65	5.16
EPS (Diluted)	10.36	10.52	8.70	6.41	4.65	5.16
EPS Growth	8.03%	20.92%	35.73%	37.85%	-9.88%	9.55%
Free Cash Flow	162.81	172.58	143.4	119.03	102.27	80.67
Free Cash Flow Per Share	11.85	12.10	9.68	8.01	6.87	5.36
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	49.97%	44.25%	88.92%	69.12%	53.75%	65.19%
Profit Margin	35.60%	31.14%	50.65%	49.19%	38.55%	45.86%
Free Cash Flow Margin	39.85%	35.82%	56.37%	61.48%	56.75%	47.21%
Effective Tax Rate	28.62%	28.50%	28.10%	28.83%	28.28%	29.65%
EBITDA	106.9	-3.34	228.11	135.72	98.77	112.75
EBITDA Margin	26.16%	-0.69%	89.67%	70.10%	54.81%	65.98%
Depreciation & Amortization	1.87	1.72	1.89	1.9	1.91	1.34
EBIT	105.03	-5.06	226.22	133.83	96.86	111.41
EBIT Margin	25.71%	-1.05%	88.92%	69.12%	53.75%	65.19%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.