NASDAQ:PFBC - Preferred Bank Stock Price, News, & Analysis

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$42.35 -2.50 (-5.57 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$42.35
Today's Range$42.21 - $44.70
52-Week Range$39.87 - $69.48
Volume65,863 shs
Average Volume55,236 shs
Market Capitalization$558.60 million
P/E Ratio9.31
Dividend Yield2.68%
Beta1.18
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 in the United States. The company's deposit products include checking, savings, negotiable order of withdrawal, and money market deposit accounts; fixed-rate and fixed maturity retail, and non-retail certificates of deposit; and individual retirement accounts. It also provides real estate mortgage loans that are secured by retail, industrial, office, special purpose, and residential single and multi-family properties; real estate construction loans; commercial loans comprising lines of credit for working capital and term loans for capital expenditures; and commercial and export letters of credit, import lines of credit, documentary collections, international wire transfers, export financing products, bills purchase programs, and acceptances/trust receipt financing products, as well as standby letters of credit and foreign exchange services for importers and exporters. In addition, it offers various high-wealth banking services to wealthy individuals residing in the Pacific Rim area with residences, real estate investments, or businesses in Southern California. Further, it provides various banking services to physicians, accountants, attorneys, business managers, and other professionals; and safe deposit boxes, account reconciliation, courier service, and cash management services to the manufacturing, service, and distribution companies. Additionally, it offers remote deposit capture, and Internet and mobile banking services. As of December 31, 2017, it had 13 full-service branch offices in Alhambra, Arcadia, Century City, City of Industry, Diamond Bar, Los Angeles, Pico Rivera, San Francisco, Tarzana, Torrance, Anaheim, and Irvine, California; and Flushing, New York. The company was founded in 1991 and is headquartered in Los Angeles, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:PFBC
Previous Symbol
CUSIP74036740
CIK1492165
Webwww.preferredbank.com
Phone213-891-1188

Debt

Debt-to-Equity Ratio0.24
Current Ratio1.07
Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio9.31
Forward P/E Ratio8.13
P/E Growth0.86

Sales & Book Value

Annual Sales$204.57 million
Price / Sales2.73
Cash Flow$3.7247 per share
Price / Cash Flow11.37
Book Value$31.42 per share
Price / Book1.35

Profitability

EPS (Most Recent Fiscal Year)$4.55
Net Income$70.99 million
Net Margins34.70%
Return on Equity17.71%
Return on Assets1.74%

Miscellaneous

EmployeesN/A
Outstanding Shares13,190,000
Market Cap$558.60 million
Next Earnings Date4/18/2019 (Estimated)
OptionableOptionable

Preferred Bank (NASDAQ:PFBC) Frequently Asked Questions

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 7th. Investors of record on Tuesday, January 8th will be paid a dividend of $0.30 per share on Tuesday, January 22nd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date of this dividend is Monday, January 7th. This is an increase from Preferred Bank's previous quarterly dividend of $0.25. View Preferred Bank's Dividend History.

How were Preferred Bank's earnings last quarter?

Preferred Bank (NASDAQ:PFBC) announced its earnings results on Thursday, January, 17th. The bank reported $1.13 EPS for the quarter, missing the consensus estimate of $1.24 by $0.11. The bank earned $45.85 million during the quarter, compared to analyst estimates of $42.11 million. Preferred Bank had a net margin of 34.70% and a return on equity of 17.71%. View Preferred Bank's Earnings History.

When is Preferred Bank's next earnings date?

Preferred Bank is scheduled to release their next quarterly earnings announcement on Thursday, April 18th 2019. View Earnings Estimates for Preferred Bank.

What price target have analysts set for PFBC?

3 equities research analysts have issued 12-month target prices for Preferred Bank's stock. Their forecasts range from $51.00 to $76.00. On average, they anticipate Preferred Bank's stock price to reach $66.3333 in the next twelve months. This suggests a possible upside of 56.6% from the stock's current price. View Analyst Price Targets for Preferred Bank.

What is the consensus analysts' recommendation for Preferred Bank?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Preferred Bank in the last year. There are currently 1 hold rating, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Preferred Bank.

Has Preferred Bank been receiving favorable news coverage?

Media stories about PFBC stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Preferred Bank earned a media sentiment score of 0.6 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term.

Who are some of Preferred Bank's key competitors?

What other stocks do shareholders of Preferred Bank own?

Who are Preferred Bank's key executives?

Preferred Bank's management team includes the folowing people:
  • Mr. Li Yu, Chairman, CEO & Corp. Sec. (Age 78)
  • Mr. Wellington Chen, Pres & COO (Age 59)
  • Mr. Edward J. Czajka, Exec. VP & CFO (Age 55)
  • Mr. Nick Pi, Exec. VP & Chief Credit Officer (Age 58)
  • Mr. Robert J. Kosof, Head of Commercial & Industrial Loans, Exec. VP and Regional Mang. (Age 75)

Who are Preferred Bank's major shareholders?

Preferred Bank's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.42%), Nuveen Asset Management LLC (6.66%), Dimensional Fund Advisors LP (4.65%), Dimensional Fund Advisors LP (4.65%), Boston Partners (3.11%) and FMR LLC (2.38%).

Which institutional investors are selling Preferred Bank stock?

PFBC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Millennium Management LLC, Bank of America Corp DE, Prudential Financial Inc., Two Sigma Advisers LP, Barclays PLC, Citigroup Inc. and First Trust Advisors LP.

Which institutional investors are buying Preferred Bank stock?

PFBC stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, BlackRock Inc., JCSD Capital LLC, LSV Asset Management, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Brandywine Global Investment Management LLC and Municipal Employees Retirement System of Michigan.

How do I buy shares of Preferred Bank?

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

What is Preferred Bank's stock price today?

One share of PFBC stock can currently be purchased for approximately $42.35.

How big of a company is Preferred Bank?

Preferred Bank has a market capitalization of $558.60 million and generates $204.57 million in revenue each year. The bank earns $70.99 million in net income (profit) each year or $4.55 on an earnings per share basis.

What is Preferred Bank's official website?

The official website for Preferred Bank is http://www.preferredbank.com.

How can I contact Preferred Bank?

Preferred Bank's mailing address is 601 S. FIGUEROA STREET 29TH FLOOR, LOS ANGELES CA, 90017. The bank can be reached via phone at 213-891-1188 or via email at [email protected]


MarketBeat Community Rating for Preferred Bank (NASDAQ PFBC)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  265 (Vote Outperform)
Underperform Votes:  199 (Vote Underperform)
Total Votes:  464
MarketBeat's community ratings are surveys of what our community members think about Preferred Bank and other stocks. Vote "Outperform" if you believe PFBC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PFBC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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