Preferred Bank (PFBC) Stock Forecast, Price & News

Preferred Bank (NASDAQ:PFBC) Frequently Asked Questions

Is Preferred Bank a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Preferred Bank in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Preferred Bank stock.
View analyst ratings for Preferred Bank or view top-rated stocks.

When is Preferred Bank's next earnings date?

Preferred Bank is scheduled to release its next quarterly earnings announcement on Tuesday, July 19th 2022.
View our earnings forecast for Preferred Bank.

How were Preferred Bank's earnings last quarter?

Preferred Bank (NASDAQ:PFBC) posted its quarterly earnings data on Tuesday, April, 19th. The bank reported $1.74 EPS for the quarter, topping analysts' consensus estimates of $1.69 by $0.05. The bank had revenue of $52.30 million for the quarter, compared to analysts' expectations of $51.97 million. Preferred Bank had a net margin of 44.96% and a trailing twelve-month return on equity of 17.38%. During the same period in the previous year, the firm earned $1.42 EPS.
View Preferred Bank's earnings history.

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

Preferred Bank declared a quarterly dividend on Wednesday, March 16th. Investors of record on Thursday, April 7th will be paid a dividend of $0.43 per share on Thursday, April 21st. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date is Wednesday, April 6th.
View Preferred Bank's dividend history.

Is Preferred Bank a good dividend stock?

Preferred Bank pays an annual dividend of $1.72 per share and currently has a dividend yield of 2.52%. Preferred Bank does not yet have a strong track record of dividend growth. The dividend payout ratio of Preferred Bank is 25.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Preferred Bank will have a dividend payout ratio of 21.05% next year. This indicates that Preferred Bank will be able to sustain or increase its dividend.
View Preferred Bank's dividend history.

What price target have analysts set for PFBC?

5 analysts have issued 1 year price objectives for Preferred Bank's shares. Their forecasts range from $79.00 to $95.00. On average, they anticipate Preferred Bank's stock price to reach $89.60 in the next year. This suggests a possible upside of 36.8% from the stock's current price.
View analysts' price targets for Preferred Bank or view top-rated stocks among Wall Street analysts.

Who are Preferred Bank's key executives?

Preferred Bank's management team includes the following people:

• Mr. Li Yu, Chairman, CEO & Corp. Sec. (Age 81, Pay $2.23M)
• Mr. Wellington Chen, Pres & COO (Age 62, Pay $1.07M)
• Mr. Edward J. Czajka, Exec. VP & CFO (Age 58, Pay $677.27k)
• Mr. Nick Pi, Exec. VP & Chief Credit Officer (Age 61, Pay $596.26k)
• Mr. Johnny Hsu, Exec. VP & Deputy COO (Age 47, Pay $468.59k)
• Mr. Robert J. Kosof, Exec. VP of Commercial Lending (Age 78)
• Ms. Sandy Ho, Exec. VP & Regional Mang.
• Ms. Stella Chen, Sr. VP
• Erika Chi, Exec. VP
• Ted Hsu, Exec. VP

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

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

Who are some of Preferred Bank's key competitors?

Some companies that are related to Preferred Bank include The PNC Financial Services Group (PNC), Truist Financial (TFC), M&T Bank (MTB), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), Huntington Bancshares (HBAN), Regions Financial (RF), KeyCorp (KEY), First Horizon (FHN), Signature Bank (SBNY), First Citizens BancShares (FCNCA), East West Bancorp (EWBC), Webster Financial (WBS) and Western Alliance Bancorporation (WAL).
View all of PFBC's competitors.

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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.61%), Vanguard Group Inc. (5.90%), State Street Corp (4.29%), Dimensional Fund Advisors LP (4.14%), Boston Partners (1.87%) and Hsbc Holdings PLC (1.81%).

Which major investors are selling Preferred Bank stock?

PFBC stock was sold by a variety of institutional investors in the last quarter, including Philadelphia Financial Management of San Francisco LLC, Renaissance Technologies LLC, LSV Asset Management, Royce & Associates LP, Principal Financial Group Inc., Bank of Montreal Can, Northern Trust Corp, and Connor Clark & Lunn Investment Management Ltd..

Which major investors are buying Preferred Bank stock?

PFBC stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., State Street Corp, Avalon Investment & Advisory, Allianz Asset Management GmbH, Healthcare of Ontario Pension Plan Trust Fund, Vanguard Group Inc., EAM Investors LLC, and Dana Investment Advisors Inc..

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 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 $65.50.

How much money does Preferred Bank make?

Preferred Bank has a market capitalization of $985.78 million and generates $218.78 million in revenue each year. The bank earns $95.24 million in net income (profit) each year or $6.74 on an earnings per share basis.

How many employees does Preferred Bank have?

Preferred Bank employs 279 workers across the globe.

When was Preferred Bank founded?

Preferred Bank was founded in 1991.

What is Preferred Bank's official website?

The official website for Preferred Bank is www.preferredbank.com.

How can I contact Preferred Bank?

Preferred Bank's mailing address is 601 S. FIGUEROA STREET 48TH FLOOR, LOS ANGELES CA, 90017. The bank can be reached via phone at (213) 891-1188, via email at [email protected], or via fax at 213-622-5161.