Preferred Bank Company Profile (NASDAQ:PFBC)

About Preferred Bank

Preferred Bank logoPreferred Bank is a commercial bank. The Bank provides deposit services, as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high net worth individuals. The Bank offers various services, such as personal banking, business banking and treasury management. The Bank's loan portfolio includes real estate mortgage loans, real estate construction loans, commercial loans and trade finance. Its real estate mortgage portfolio consists of real estate mini-perm loans, as well as purchased residential mortgages. The Bank offers a range of commercial loan products, including lines of credit for working capital, term loans for capital expenditures and commercial and stand-by letters of credit. Through its branch network, the Bank provides a range of financial services to individuals and companies located primarily in Southern California.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Pacific Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: PFBC
  • CUSIP: 74036740
Key Metrics:
  • Previous Close: $56.97
  • 50 Day Moving Average: $54.09
  • 200 Day Moving Average: $42.77
  • 52-Week Range: $26.34 - $57.60
  • Trailing P/E Ratio: 22.25
  • Foreward P/E Ratio: 16.91
  • P/E Growth: 1.90
  • Market Cap: $796.67M
  • Outstanding Shares: 13,984,000
  • Beta: 1.07
Profitability:
  • Net Margins: 28.23%
  • Return on Equity: 12.83%
  • Return on Assets: 1.25%
Debt:
  • Debt-to-Equity Ratio: 0.43%
  • Current Ratio: 1.06%
  • Quick Ratio: 1.06%
Additional Links:
Companies Related to Preferred Bank:

Analyst Ratings

Consensus Ratings for Preferred Bank (NASDAQ:PFBC) (?)
Ratings Breakdown: 1 Buy Rating, 1 Strong Buy Rating
Consensus Rating:Strong Buy (Score: 3.50)
Consensus Price Target: $40.00 (29.79% downside)

Analysts' Ratings History for Preferred Bank (NASDAQ:PFBC)
Show:
DateFirmActionRatingPrice TargetDetails
1/23/2017FBR & CoBoost Price TargetOutperform$60.00 -> $65.00View Rating Details
8/25/2016Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$15.00View Rating Details
(Data available from 2/21/2015 forward)

Earnings

Earnings History for Preferred Bank (NASDAQ:PFBC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/18/2017        
1/19/2017Q4 2016$0.65$0.71ViewN/AView Earnings Details
10/19/2016Q3$0.62$0.69ViewN/AView Earnings Details
7/20/2016Q2$0.58$0.61ViewN/AView Earnings Details
4/20/2016Q1$0.56$0.56ViewN/AView Earnings Details
1/21/2016Q4$0.54$0.57ViewListenView Earnings Details
10/19/2015Q315$0.53$0.57$21.03 millionViewListenView Earnings Details
7/20/2015Q215$0.50$0.55$20.29 millionViewListenView Earnings Details
4/20/2015Q115$0.48$0.48$19.69 millionViewN/AView Earnings Details
1/20/2015Q414$0.47$0.50$18.50 millionViewN/AView Earnings Details
10/16/2014Q3 14$0.43$0.46ViewListenView Earnings Details
7/24/2014Q412$0.39$0.43$17.25 millionViewN/AView Earnings Details
4/22/2014Q1$0.37$0.38ViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Preferred Bank (NASDAQ:PFBC)
Current Year EPS Consensus Estimate: $2.98 EPS
Next Year EPS Consensus Estimate: $3.37 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.55$0.55$0.55
Q2 20163$0.58$0.59$0.59
Q3 20163$0.62$0.63$0.63
Q4 20163$0.61$0.66$0.64
Q1 20173$0.69$0.72$0.70
Q2 20173$0.72$0.77$0.75
Q3 20173$0.76$0.80$0.78
Q4 20173$0.78$0.83$0.81
Q1 20182$0.80$0.86$0.83
Q2 20182$0.79$0.90$0.85
Q3 20182$0.83$0.93$0.88
Q4 20182$0.84$0.96$0.90
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Preferred Bank (NASDAQ:PFBC)
Annual Dividend:$0.72
Dividend Yield:1.26%
Payout Ratio:28.02% (Based on Trailing 12 Months of Earnings)
24.16% (Based on Current Year Consensus EPS Estimate)
21.36% (Based on Next Year Consensus EPS Estimate)

Dividend History for Preferred Bank (NASDAQ:PFBC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/23/2016Quarterly$0.181.39%1/4/20171/6/20171/20/2017
9/23/2016quarterly$0.151.69%10/5/201610/7/201610/21/2016
6/24/2016quarterly$0.152.05%7/5/20167/7/20167/21/2016
3/29/2016quarterly$0.152.02%4/5/20164/7/20164/21/2016
12/21/2015quarterly$0.151.8%1/5/20161/7/20161/21/2016
9/23/2015$0.1210/2/201510/6/201510/20/2015
6/24/2015quarterly$0.121.63%7/2/20157/7/20157/21/2015
3/20/2015quarterly$0.121.71%4/2/20154/7/20154/21/2015
12/19/2014quarterly$0.101.52%1/2/20151/6/20151/20/2015
9/26/2014quarterly$0.1010/2/201410/6/201410/20/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Preferred Bank (NASDAQ:PFBC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Preferred Bank (NASDAQ:PFBC)
DateHeadline
capitalcube.com logoETFs with exposure to Preferred Bank (California) : January 24, 2017 (NASDAQ:PFBC)
www.capitalcube.com - January 24 at 7:58 PM
streetinsider.com logoPreferred Bank (PFBC) PT Raised to $65 at FBR Capital Following 4Q EPS Beat (NASDAQ:PFBC)
www.streetinsider.com - January 24 at 8:43 AM
News IconThe Preferred Bank (PFBC) Scheduled to Post Quarterly Earnings on Thursday (NASDAQ:PFBC)
xboxonezone.com - January 24 at 12:32 AM
capitalcube.com logoPreferred Bank (California) :PFBC-US: Earnings Analysis: Q4, 2016 By the Numbers : January 23, 2017 (NASDAQ:PFBC)
www.capitalcube.com - January 23 at 7:30 PM
finance.yahoo.com logoEdited Transcript of PFBC earnings conference call or presentation 20-Jan-17 7:00pm GMT (NASDAQ:PFBC)
finance.yahoo.com - January 21 at 6:56 PM
News IconPreferred Bank (NASDAQ:PFBC) 4Q16 earnings; Beats Street View (NASDAQ:PFBC)
stockmarketdaily.co - January 20 at 8:01 PM
seekingalpha.com logoPreferred Bank's (PFBC) CEO Li Yu on Q4 2016 Results - Earnings Call Transcript (NASDAQ:PFBC)
seekingalpha.com - January 20 at 8:01 PM
biz.yahoo.com logoQ4 2016 Preferred Bank Earnings Release - After Market Close (NASDAQ:PFBC)
us.rd.yahoo.com - January 20 at 12:07 AM
sg.finance.yahoo.com logoPreferred Bank tops Street 4Q forecasts (NASDAQ:PFBC)
sg.finance.yahoo.com - January 20 at 12:07 AM
feeds.reuters.com logoBRIEF-Preferred Bank reports Q4 earnings per share $0.71 (NASDAQ:PFBC)
feeds.reuters.com - January 19 at 4:47 PM
finance.yahoo.com logoHow Preferred Bank (PFBC) Stock Stands Out in a Strong Industry (NASDAQ:PFBC)
finance.yahoo.com - January 12 at 7:49 PM
finance.yahoo.com logoPreferred Bank Announces 2016 Fourth Quarter and Full Year Earnings Release and Conference Call (NASDAQ:PFBC)
finance.yahoo.com - January 11 at 7:48 PM
finance.yahoo.com logo3 Reasons to Buy Preferred Bank (PFBC) Stock Right Now (NASDAQ:PFBC)
finance.yahoo.com - December 29 at 7:10 PM
us.rd.yahoo.com logo8:30 am Preferred Bank increases quarterly dividend to $0.18/share from $0.15/share (NASDAQ:PFBC)
us.rd.yahoo.com - December 23 at 7:21 PM
publicnow.com logoPreferred Bank Increases Quarterly Cash Dividend (NASDAQ:PFBC)
www.publicnow.com - December 23 at 7:21 PM
capitalcube.com logoETFs with exposure to Preferred Bank (California) : December 21, 2016 (NASDAQ:PFBC)
www.capitalcube.com - December 21 at 8:01 PM
insidermonkey.com logoDo Hedge Funds Love Preferred Bank (PFBC)? (NASDAQ:PFBC)
www.insidermonkey.com - December 13 at 8:54 AM
News IconShares of PFBC Up 16.5% Since Uptrend Call on Shares (NASDAQ:PFBC)
www.traderplanet.com - November 3 at 10:52 AM
capitalcube.com logoETF’s with exposure to Preferred Bank (California) : October 28, 2016 (NASDAQ:PFBC)
www.capitalcube.com - October 28 at 6:34 PM
mysmartrend.com logoPreferred Bank Up 19.9% Since SmarTrend Uptrend Call (PFBC) (NASDAQ:PFBC)
www.mysmartrend.com - October 26 at 6:47 PM
capitalcube.com logoPreferred Bank (California) :PFBC-US: Earnings Analysis: Q3, 2016 By the Numbers : October 26, 2016 (NASDAQ:PFBC)
www.capitalcube.com - October 26 at 6:47 PM
4-traders.com logoPreferred Bank : beats Street 3Q forecasts (NASDAQ:PFBC)
www.4-traders.com - October 21 at 6:46 PM
seekingalpha.com logoPreferred Bank's (PFBC) CEO Li Yu on Q3 2016 Results - Earnings Call Transcript (NASDAQ:PFBC)
seekingalpha.com - October 21 at 10:15 AM
finance.yahoo.com logoEdited Transcript of PFBC earnings conference call or presentation 20-Oct-16 6:00pm GMT (NASDAQ:PFBC)
finance.yahoo.com - October 21 at 10:15 AM
seekingalpha.com logoPreferred Bank beats by $0.07, beats on revenue (NASDAQ:PFBC)
seekingalpha.com - October 20 at 7:02 PM
4-traders.com logoPreferred Bank Reports Record Quarterly Earnings (NASDAQ:PFBC)
www.4-traders.com - October 20 at 7:02 PM
sg.finance.yahoo.com logoPreferred Bank beats Street 3Q forecasts (NASDAQ:PFBC)
sg.finance.yahoo.com - October 20 at 8:05 AM
biz.yahoo.com logoQ3 2016 Preferred Bank Earnings Release - After Market Close (NASDAQ:PFBC)
biz.yahoo.com - October 19 at 3:18 PM
capitalcube.com logoPreferred Bank (California) breached its 50 day moving average in a Bearish Manner : PFBC-US : October 14, 2016 (NASDAQ:PFBC)
www.capitalcube.com - October 14 at 9:59 AM
capitalcube.com logoPreferred Bank (California) : PFBC-US: Dividend Analysis : October 07th, 2016 (record date) : By the numbers : October 10, 2016 (NASDAQ:PFBC)
www.capitalcube.com - October 10 at 6:17 PM
publicnow.com logoPreferred Bank Announces 2016 Third Quarter Earnings Release and Conference Call (NASDAQ:PFBC)
www.publicnow.com - October 5 at 6:37 PM
capitalcube.com logoETF’s with exposure to Preferred Bank (California) : October 4, 2016 (NASDAQ:PFBC)
www.capitalcube.com - October 4 at 11:29 AM
finance.yahoo.com logoPreferred Bank (PFBC): Moving Average Crossover Alert (NASDAQ:PFBC)
finance.yahoo.com - August 30 at 6:41 PM
capitalcube.com logoETF’s with exposure to Preferred Bank (California) : July 29, 2016 (NASDAQ:PFBC)
www.capitalcube.com - July 29 at 1:46 PM
capitalcube.com logoPreferred Bank (California) :PFBC-US: Earnings Analysis: Q2, 2016 By the Numbers : July 22, 2016 (NASDAQ:PFBC)
www.capitalcube.com - July 22 at 12:28 PM
sg.finance.yahoo.com logoPreferred Bank beats Street 2Q forecasts (NASDAQ:PFBC)
sg.finance.yahoo.com - July 20 at 5:09 PM
biz.yahoo.com logoQ2 2016 Preferred Bank Earnings Release - After Market Close (NASDAQ:PFBC)
biz.yahoo.com - July 20 at 7:07 AM
capitalcube.com logoPreferred Bank (California) : PFBC-US: Dividend Analysis : July 07th, 2016 (record date) : By the numbers : July 14, 2016 (NASDAQ:PFBC)
www.capitalcube.com - July 14 at 10:33 AM
capitalcube.com logoPreferred Bank (California) breached its 50 day moving average in a Bullish Manner : PFBC-US : July 13, 2016 (NASDAQ:PFBC)
www.capitalcube.com - July 13 at 8:50 AM
publicnow.com logoPreferred Bank Announces 2016 Second Quarter Earnings Release and Conference Call (NASDAQ:PFBC)
www.publicnow.com - July 11 at 8:43 AM
finance.yahoo.com logoCoverage initiated on Preferred Bank by FBR Capital (NASDAQ:PFBC)
finance.yahoo.com - July 1 at 5:33 AM
finance.yahoo.com logoPreferred Bank (PFBC) Sees Hammer Chart Pattern: Time to Buy? (NASDAQ:PFBC)
finance.yahoo.com - June 22 at 9:03 AM
capitalcube.com logoPreferred Bank (California) breached its 50 day moving average in a Bearish Manner : PFBC-US : June 15, 2016 (NASDAQ:PFBC)
www.capitalcube.com - June 15 at 8:33 AM
capitalcube.com logoETF’s with exposure to Preferred Bank (California) : April 29, 2016 (NASDAQ:PFBC)
www.capitalcube.com - April 29 at 3:17 PM
capitalcube.com logoPreferred Bank (California) :PFBC-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:PFBC)
www.capitalcube.com - April 25 at 10:48 AM
finance.yahoo.com logoEdited Transcript of PFBC earnings conference call or presentation 21-Apr-16 6:00pm GMT (NASDAQ:PFBC)
finance.yahoo.com - April 21 at 11:54 PM
sg.finance.yahoo.com logoPreferred Bank meets 1Q profit forecasts (NASDAQ:PFBC)
sg.finance.yahoo.com - April 20 at 5:15 PM
publicnow.com logoPreferred Bank Reports First Quarter Results (NASDAQ:PFBC)
www.publicnow.com - April 20 at 4:20 PM
biz.yahoo.com logoQ1 2016 Preferred Bank Earnings Release - After Market Close (NASDAQ:PFBC)
biz.yahoo.com - April 20 at 7:07 AM
capitalcube.com logoPreferred Bank (California) breached its 50 day moving average in a Bullish Manner : PFBC-US : March 31, 2016 (NASDAQ:PFBC)
www.capitalcube.com - March 31 at 8:05 AM

Social

What is Preferred Bank's stock symbol?

Preferred Bank trades on the NASDAQ under the ticker symbol "PFBC."

How often does Preferred Bank pay dividends? What is the dividend yield for Preferred Bank?

Preferred Bank declared a quarterly dividend on Friday, December 23rd. Shareholders of record on Friday, January 6th will be given a dividend of $0.18 per share on Friday, January 20th. This represents a $0.72 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date is Wednesday, January 4th. This is a boost from Preferred Bank's previous quarterly dividend of $0.15.

Where is Preferred Bank's stock going? Where will Preferred Bank's stock price be in 2017?

2 equities research analysts have issued 12 month price targets for Preferred Bank's stock. Their predictions range from $15.00 to $65.00. On average, they expect Preferred Bank's stock price to reach $40.00 in the next twelve months.

When will Preferred Bank announce their earnings?

Preferred Bank is scheduled to release their next quarterly earnings announcement on Tuesday, April, 18th 2017.

What are analysts saying about Preferred Bank stock?

Here are some recent quotes from research analysts about Preferred Bank stock:

  • FBR & Co analysts commented, "We reiterate our Outperform rating on Preferred Bank following strong 4Q16 results. Our estimates for PFBC are high on the Street, and given the strong 4Q trends, we are raising our estimates and expect consensus to rise, as well. EPS for 4Q16 grew 24.4% on a year-over-year basis, and Preferred continues to generate best-in-class profitability (1.28% ROAA, 13.8% ROTCE, 38.4% efficiency). PFBC is the most assetsensitive name we cover, and we consider it a very attractively priced growth bank with significant further upside potential from rising rates. To reflect a wider NIM, we raise our 2017 EPS estimate to $3.10 (from $3.05) and our 2018 operating EPS estimate to $3.65 (from $3.50). Given higher estimates, we raise our price target to $65 (from $60), which equals 17.8x our 2018 EPS estimate and 2.8x 2017E TBV." (1/23/2017)
  • According to Zacks Investment Research, "Preferred Bank is one of the largest independent commercial banks in California focusing on the Chinese-American market. The bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Corporation, or FDIC, to the maximum extent permitted by law. The Company conducts its banking business from its main office in Los Angeles, California, and through ten full-service branch banking offices in Alhambra, Century City, Chino Hills, City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Santa Monica and Valencia, California. Preferred Bank offers a broad range of deposit and loan products and services to both commercial and consumer customers. The bank provides personalized deposit services as well as real estate finance, commercial loans and trade finance to small and mid- sized businesses, entrepreneurs, real estate developers, professionals and high net worth individuals. Preferred Bank continues to benefit from the significant migration to Southern California of " (10/25/2016)

Who owns Preferred Bank stock?

Preferred Bank's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.17%), Stieven Capital Advisors L.P. (3.13%), Basswood Capital Management L.L.C. (2.57%), Renaissance Technologies LLC (2.34%), Maltese Capital Management LLC (1.82%) and State Street Corp (1.70%).

Who sold Preferred Bank stock? Who is selling Preferred Bank stock?

Preferred Bank's stock was sold by a variety of institutional investors in the last quarter, including Basswood Capital Management L.L.C., FMR LLC, Stieven Capital Advisors L.P., Maltese Capital Management LLC, Cadence Capital Management LLC, Renaissance Technologies LLC, Cornercap Investment Counsel Inc. and Metropolitan Life Insurance Co. NY.

Who bought Preferred Bank stock? Who is buying Preferred Bank stock?

Preferred Bank's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Systematic Financial Management LP, AQR Capital Management LLC, Dimensional Fund Advisors LP, John W. Rosenthal Capital Management Inc., Allianz Asset Management AG, O Shaughnessy Asset Management LLC and Bowling Portfolio Management LLC.

How do I buy Preferred Bank stock?

Shares of Preferred Bank can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Preferred Bank stock cost?

One share of Preferred Bank stock can currently be purchased for approximately $56.97.

Preferred Bank (NASDAQ:PFBC) Chart for Tuesday, February, 21, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Preferred Bank (NASDAQ:PFBC)

Earnings History Chart

Earnings by Quarter for Preferred Bank (NASDAQ:PFBC)

Dividend History Chart

Dividend Payments by Quarter for Preferred Bank (NASDAQ:PFBC)

Last Updated on 2/21/2017 by MarketBeat.com Staff