Preferred Bank Statistics
Total Valuation
Preferred Bank has a market cap or net worth of $1.15 billion. The enterprise value is $411.60 million.
| Market Cap | 1.15B |
| Enterprise Value | 411.60M |
Important Dates
The last earnings date was Tuesday, April 23, 2024, before market open.
| Earnings Date | Apr 23, 2024 |
| Ex-Dividend Date | Apr 4, 2024 |
Share Statistics
Preferred Bank has 14.90 million shares outstanding. The number of shares has decreased by -5.56% in one year.
| Shares Outstanding | 14.90M |
| Shares Change (YoY) | -5.56% |
| Shares Change (QoQ) | -2.14% |
| Owned by Insiders (%) | 8.00% |
| Owned by Institutions (%) | 79.93% |
| Float | 12.25M |
Valuation Ratios
The trailing PE ratio is 7.36 and the forward PE ratio is 8.09. Preferred Bank's PEG ratio is 1.83.
| PE Ratio | 7.36 |
| Forward PE | 8.09 |
| PS Ratio | 3.28 |
| Forward PS | 4.28 |
| PB Ratio | 1.66 |
| P/FCF Ratio | 6.67 |
| PEG Ratio | 1.83 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 2.10, with an EV/FCF ratio of 2.38.
| EV / Earnings | 2.74 |
| EV / Sales | 1.17 |
| EV / EBITDA | 2.10 |
| EV / EBIT | 2.12 |
| EV / FCF | 2.38 |
Financial Position
The company has a current ratio of 0.33, with a Debt / Equity ratio of 0.24.
| Current Ratio | 0.33 |
| Quick Ratio | n/a |
| Debt / Equity | 0.24 |
| Debt / EBITDA | 0.86 |
| Debt / FCF | 0.97 |
| Interest Coverage | -0.89 |
Financial Efficiency
Return on equity (ROE) is 21.59% and return on invested capital (ROIC) is 20.34%.
| Return on Equity (ROE) | 21.59% |
| Return on Assets (ROA) | 2.25% |
| Return on Capital (ROIC) | 20.34% |
| Revenue Per Employee | $1.18M |
| Profits Per Employee | $501,806 |
| Employee Count | 299 |
| Asset Turnover | 0.05 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Preferred Bank has paid $59.81 million in taxes.
| Income Tax | 59.81M |
| Effective Tax Rate | 28.50% |
Stock Price Statistics
The stock price has increased by +62.04% in the last 52 weeks. The beta is 1.02, so Preferred Bank's price volatility has been similar to the market average.
| Beta (1Y) | 1.02 |
| 52-Week Price Change | +62.04% |
| 50-Day Moving Average | 73.61 |
| 200-Day Moving Average | 67.61 |
| Relative Strength Index (RSI) | 63.79 |
| Average Volume (30 Days) | 91,306 |
Short Selling Information
The latest short interest is 1.09 million, so 7.32% of the outstanding shares have been sold short.
| Short Interest | 1.09M |
| Short Previous Month | 1.03M |
| Short % of Shares Out | 7.32% |
| Short % of Float | 8.91% |
| Short Ratio (days to cover) | 12.21 |
Income Statement
In the last 12 months, Preferred Bank had revenue of $351.76 million and earned $150.04 million in profits. Earnings per share was $10.53.
| Revenue | 351.76M |
| Gross Profit | 351.76M |
| Operating Income | 245.52M |
| Pretax Income | 209.85M |
| Net Income | 150.04M |
| EBITDA | 196.08M |
| EBIT | 194.36M |
| Earnings Per Share (EPS) | $10.53 |
Balance Sheet
The company has $910.85 million in cash and $168.00 million in debt, giving a net cash position of $742.85 million or $49.85 per share.
| Cash & Cash Equivalents | 910.85M |
| Total Debt | 168.00M |
| Net Cash | 742.85M |
| Net Cash Per Share | $49.85 |
| Equity / Book Value | 695.11M |
| Book Value Per Share | 46.65 |
| Working Capital | -1.93B |
Cash Flow
In the last 12 months, operating cash flow was $175.55 million and capital expenditures -$2.42 million, giving a free cash flow of $173.13 million.
| Operating Cash Flow | 175.55M |
| Capital Expenditures | -2.42M |
| Free Cash Flow | 173.13M |
| FCF Per Share | $12.54 |
Margins
Gross margin is 100.00%, with operating and profit margins of 69.80% and 42.65%.
| Gross Margin | 100.00% |
| Operating Margin | 69.80% |
| Pretax Margin | 59.66% |
| Profit Margin | 42.65% |
| EBITDA Margin | 55.74% |
| EBIT Margin | 55.25% |
| FCF Margin | 49.22% |
Dividends & Yields
This stock pays an annual dividend of $2.80, which amounts to a dividend yield of 3.61%.
| Dividend Per Share | $2.80 |
| Dividend Yield | 3.61% |
| Dividend Growth (YoY) | 27.55% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 26.59% |
| Buyback Yield | 5.56% |
| Shareholder Yield | 9.18% |
| Earnings Yield | 13.00% |
| FCF Yield | 15.00% |
Analyst Forecast
The average price target for Preferred Bank is $68.00, which is -12.22% lower than the current price. The consensus rating is "Buy".
| Price Target | $68.00 |
| Price Target Difference | -12.22% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 20, 2011. It was a reverse split with a ratio of 1:5.
| Last Split Date | Jun 20, 2011 |
| Split Type | Reverse |
| Split Ratio | 1:5 |
Scores
Preferred Bank has an Altman Z-Score of 0.04 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.04 |
| Piotroski F-Score | 7 |