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S&P 500   4,282.37
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MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Biden To Unleash "Choke Point" Operation On America? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Biden To Unleash "Choke Point" Operation On America? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Biden To Unleash "Choke Point" Operation On America? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
NASDAQ:PFBC

Preferred Bank (PFBC) Stock Forecast, Price & News

$50.76
+3.72 (+7.91%)
(As of 06/2/2023 ET)
Compare
Today's Range
$47.00
$50.87
50-Day Range
$44.16
$55.53
52-Week Range
$42.42
$77.75
Volume
76,478 shs
Average Volume
80,499 shs
Market Capitalization
$732.47 million
P/E Ratio
5.29
Dividend Yield
4.33%
Price Target
$73.25

Preferred Bank MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
44.3% Upside
$73.25 Price Target
Short Interest
Bearish
5.39% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.07mentions of Preferred Bank in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-12.09%
From $9.68 to $8.51 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.37 out of 5 stars

Finance Sector

479th out of 873 stocks

State Commercial Banks Industry

134th out of 181 stocks


PFBC stock logo

About Preferred Bank (NASDAQ:PFBC) Stock

Preferred Bank operates as an independent commercial bank. It offers real estate financing for residential, commercial, industrial, and other income producing properties. Its business and consumer products include checking, savings, money market, and certificate of deposit accounts. The firm also offers treasury management services such as account reconciliation, remote deposit, cash and check courier services, merchant processing, and ACH credit origination. The company was founded by Li Yu on December 23, 1991 and is headquartered in Los Angeles, CA.

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PFBC Stock News Headlines

Preferred Bank (NASDAQ: PFBC)
Preferred Bank Opens Houston Office
15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
Preferred Bank (NASDAQ:PFBC) Now Covered by StockNews.com
5 Best Small Cap Bank Stocks With Dividends
15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
Preferred Bank (NASDAQ:PFBC) Hits New 1-Year Low at $50.00
Preferred Bank (PFBC) To Go Ex-Dividend on April 5th
See More Headlines

PFBC Price History

PFBC Company Calendar

Last Earnings
10/19/2021
Ex-Dividend for 4/21 Dividend
4/05/2023
Dividend Payable
4/21/2023
Today
6/03/2023
Next Earnings (Estimated)
7/19/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:PFBC
CUSIP
74036740
Employees
279
Year Founded
1991

Price Target and Rating

Average Stock Price Forecast
$73.25
High Stock Price Forecast
$81.00
Low Stock Price Forecast
$60.00
Forecasted Upside/Downside
+44.3%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$128.85 million
Pretax Margin
55.23%

Debt

Sales & Book Value

Annual Sales
$274.75 million
Cash Flow
$9.72 per share
Book Value
$45.50 per share

Miscellaneous

Free Float
N/A
Market Cap
$732.47 million
Optionable
Optionable
Beta
1.05

Social Links


Key Executives

  • Li Yu
    Chairman & Chief Executive Officer
  • Wellington Chen
    President & Chief Operating Officer
  • Edward J. Czajka
    Chief Financial Officer & Executive Vice President
  • Nick Pi
    Chief Credit Officer & Executive Vice President
  • Robert J. Kosof
    Executive Vice President













PFBC Stock - Frequently Asked Questions

Should I buy or sell Preferred Bank stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Preferred Bank in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PFBC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PFBC, but not buy additional shares or sell existing shares.
View PFBC analyst ratings
or view top-rated stocks.

What is Preferred Bank's stock price forecast for 2023?

3 Wall Street research analysts have issued twelve-month target prices for Preferred Bank's shares. Their PFBC share price forecasts range from $60.00 to $81.00. On average, they expect the company's stock price to reach $73.25 in the next year. This suggests a possible upside of 44.3% from the stock's current price.
View analysts price targets for PFBC
or view top-rated stocks among Wall Street analysts.

How have PFBC shares performed in 2023?

Preferred Bank's stock was trading at $74.62 on January 1st, 2023. Since then, PFBC shares have decreased by 32.0% and is now trading at $50.76.
View the best growth stocks for 2023 here
.

When is Preferred Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our PFBC earnings forecast
.

How were Preferred Bank's earnings last quarter?

Preferred Bank (NASDAQ:PFBC) issued its quarterly earnings data on Tuesday, October, 19th. The bank reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.62 by $0.14. The bank earned $50.54 million during the quarter, compared to analyst estimates of $49.76 million. Preferred Bank had a net margin of 39.69% and a trailing twelve-month return on equity of 22.83%. During the same quarter last year, the business earned $1.15 EPS.

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

Preferred Bank announced a quarterly dividend on Monday, March 27th. Shareholders of record on Friday, April 7th will be paid a dividend of $0.55 per share on Friday, April 21st. This represents a $2.20 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date is Wednesday, April 5th.
Read our dividend analysis for PFBC
.

Is Preferred Bank a good dividend stock?

Preferred Bank (NASDAQ:PFBC) pays an annual dividend of $2.20 per share and currently has a dividend yield of 4.77%. PFBC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFBC will have a dividend payout ratio of 25.85% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PFBC.

What is Li Yu's approval rating as Preferred Bank's CEO?

8 employees have rated Preferred Bank Chief Executive Officer Li Yu on Glassdoor.com. Li Yu has an approval rating of 56% among the company's employees. This puts Li Yu in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Preferred Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Preferred Bank investors own include Energy Transfer (ET), Exxon Mobil (XOM), Alibaba Group (BABA), Verizon Communications (VZ), AbbVie (ABBV), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Medtronic (MDT), AT&T (T) and CBL & Associates Properties (CBL).

What is Preferred Bank's stock symbol?

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

Who are Preferred Bank's major shareholders?

Preferred Bank's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.64%), FMR LLC (6.42%), Dimensional Fund Advisors LP (4.39%), State Street Corp (4.21%), Boston Partners (3.68%) and Geode Capital Management LLC (1.80%).

How do I buy shares of Preferred Bank?

Shares of PFBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Preferred Bank's stock price today?

One share of PFBC stock can currently be purchased for approximately $50.76.

How much money does Preferred Bank make?

Preferred Bank (NASDAQ:PFBC) has a market capitalization of $732.47 million and generates $274.75 million in revenue each year. The bank earns $128.85 million in net income (profit) each year or $9.59 on an earnings per share basis.

How many employees does Preferred Bank have?

The company employs 279 workers across the globe.

How can I contact Preferred Bank?

Preferred Bank's mailing address is 601 S. FIGUEROA STREET 48TH FLOOR, LOS ANGELES CA, 90017. The official website for the company is www.preferredbank.com. The bank can be reached via phone at (213) 891-1188, via email at cfo@preferredbank.com, or via fax at 213-622-5161.

This page (NASDAQ:PFBC) was last updated on 6/4/2023 by MarketBeat.com Staff

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