DA Davidson Forecasts Preferred Bank Q2 Earnings

Preferred Bank (NASDAQ:PFBC - Free Report) - DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for Preferred Bank in a report released 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 released its earnings results on Friday, April 25th. The bank reported $2.23 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $70.78 million. During the same quarter last year, the business posted $2.44 EPS.

Several other research firms have also recently commented on PFBC. Stephens reissued an "equal weight" rating and issued a $91.00 price target on shares of Preferred Bank in a report on Tuesday. Piper Sandler lowered their price target on shares of Preferred Bank from $108.00 to $96.00 and set an "overweight" rating on the stock in a research note on Tuesday.

Preferred Bank Stock Performance

NASDAQ:PFBC traded up $1.96 during mid-day trading on Tuesday, reaching $82.38. The stock had a trading volume of 96,737 shares, compared to its average volume of 84,030. Preferred Bank has a twelve month low of $71.43 and a twelve month high of $99.78. The business has a 50 day simple moving average of $82.04 and a 200 day simple moving average of $86.72. The firm has a market capitalization of $1.19 billion, a price-to-earnings 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.

Preferred Bank Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 21st. Investors of record on Monday, April 7th were paid a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 3.64%. The ex-dividend date was Monday, April 7th. Preferred Bank's payout ratio is currently 31.85%.

Institutional Trading of Preferred Bank

A number of institutional investors have recently bought and sold shares of PFBC. NBC Securities Inc. acquired a new position in shares of Preferred Bank during the 1st quarter worth $25,000. Picton Mahoney Asset Management raised its position in Preferred Bank by 110.7% during the fourth quarter. Picton Mahoney Asset Management now owns 550 shares of the bank's stock worth $47,000 after acquiring an additional 289 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Preferred Bank by 217.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 562 shares of the bank's stock valued at $49,000 after purchasing an additional 385 shares in the last quarter. R Squared Ltd acquired a new position in shares of Preferred Bank during the 4th quarter worth approximately $65,000. Finally, KBC Group NV lifted its stake in Preferred Bank by 46.2% in the 4th quarter. KBC Group NV now owns 914 shares of the bank's stock valued at $79,000 after buying an additional 289 shares in the last quarter. 72.77% of the stock is currently owned by hedge funds and other institutional investors.

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.