DA Davidson Forecasts Preferred Bank Q2 Earnings

Preferred Bank (NASDAQ:PFBC - Free Report) - Research analysts at DA Davidson issued their Q2 2025 earnings per share estimates for shares of Preferred Bank in a report issued on Monday, April 28th. DA Davidson analyst G. Tenner forecasts that the bank will earn $2.41 per share for the quarter. DA Davidson currently has a "Neutral" rating and a $90.00 target price on the stock. The consensus estimate for Preferred Bank's current full-year earnings is $9.81 per share. DA Davidson also issued estimates for Preferred Bank's FY2026 earnings at $9.71 EPS.

Preferred Bank (NASDAQ:PFBC - Get Free Report) last announced its quarterly earnings results on Friday, April 25th. The bank reported $2.23 earnings per share for the quarter, missing analysts' consensus estimates of $2.33 by ($0.10). Preferred Bank had a return on equity of 17.80% and a net margin of 25.00%. The firm had revenue of $65.96 million for the quarter, compared to the consensus estimate of $70.78 million. During the same period in the prior year, the business earned $2.44 earnings per share.

Several other brokerages have also issued reports on PFBC. Piper Sandler decreased their price objective on Preferred Bank from $108.00 to $96.00 and set an "overweight" rating for the company in a research report on Tuesday, April 29th. Stephens restated an "equal weight" rating and set a $91.00 price objective on shares of Preferred Bank in a report on Tuesday, April 29th.

Preferred Bank Trading Up 2.4 %

NASDAQ:PFBC traded up $1.96 on Tuesday, reaching $82.38. The company's stock had a trading volume of 96,737 shares, compared to its average volume of 83,921. Preferred Bank has a 1-year low of $71.43 and a 1-year high of $99.78. The business's 50-day moving average price is $82.04 and its two-hundred day moving average price is $86.75. The firm has a market cap of $1.19 billion, a PE ratio of 8.55 and a beta of 0.69. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.08.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. CWM LLC lifted its position in Preferred Bank by 10.7% during the 1st quarter. CWM LLC now owns 2,779 shares of the bank's stock worth $232,000 after buying an additional 269 shares in the last quarter. New York State Common Retirement Fund increased its position in shares of Preferred Bank by 29.0% in the first quarter. New York State Common Retirement Fund now owns 33,822 shares of the bank's stock valued at $2,830,000 after acquiring an additional 7,600 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Preferred Bank by 2.8% during the first quarter. Principal Financial Group Inc. now owns 72,537 shares of the bank's stock worth $6,068,000 after acquiring an additional 2,007 shares in the last quarter. Teacher Retirement System of Texas boosted its position in Preferred Bank by 51.4% during the first quarter. Teacher Retirement System of Texas now owns 3,842 shares of the bank's stock valued at $321,000 after purchasing an additional 1,304 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its position in Preferred Bank by 40.3% during the first quarter. Allspring Global Investments Holdings LLC now owns 9,488 shares of the bank's stock valued at $794,000 after purchasing an additional 2,724 shares during the last quarter. Institutional investors and hedge funds own 72.77% of the company's stock.

Preferred Bank Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 21st. Stockholders of record on Monday, April 7th were issued a $0.75 dividend. The ex-dividend date was Monday, April 7th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 3.64%. Preferred Bank's dividend payout ratio (DPR) is presently 31.85%.

About Preferred Bank

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.