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

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

Preferred Bank announced a quarterly dividend on Wednesday, December 11th. Stockholders of record on Tuesday, January 7th will be paid a dividend of $0.30 per share on Tuesday, January 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date is Monday, January 6th. View Preferred Bank's Dividend History.

Preferred Bank (NASDAQ:PFBC) issued its quarterly earnings data on Wednesday, October, 16th. The bank reported $1.32 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.32. The bank earned $43.21 million during the quarter, compared to analyst estimates of $44.22 million. Preferred Bank had a return on equity of 17.53% and a net margin of 32.86%. View Preferred Bank's Earnings History.

Preferred Bank is scheduled to release their next quarterly earnings announcement on Wednesday, January 22nd 2020. View Earnings Estimates for Preferred Bank.

Preferred Bank will be holding an earnings conference call on Wednesday, January 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

6 brokers have issued 1-year target prices for Preferred Bank's stock. Their forecasts range from $51.00 to $65.00. On average, they expect Preferred Bank's share price to reach $57.00 in the next twelve months. This suggests that the stock has a possible downside of 6.3%. View Analyst Price Targets for Preferred Bank.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Preferred Bank in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Preferred Bank.

Media headlines about PFBC stock have been trending somewhat positive this week, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Preferred Bank earned a news impact score of 2.0 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Preferred Bank.

Preferred Bank saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 1,020,000 shares, an increase of 10.3% from the December 15th total of 924,700 shares. Based on an average daily trading volume, of 64,100 shares, the days-to-cover ratio is currently 15.9 days. Currently, 7.4% of the shares of the company are sold short. View Preferred Bank's Current Options Chain.

Some companies that are related to Preferred Bank include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), TCF Financial (TCF) and East West Bancorp (EWBC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Preferred Bank investors own include Energy Transfer LP Unit (ET), Alibaba Group (BABA), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), Martin Midstream Partners (MMLP), Ellington Residential Mortgage REIT (EARN), Ford Motor (F), JPMorgan Chase & Co. (JPM), SandRidge Permian Trust (PER) and SunCoke Energy Partners (SXCP).

Preferred Bank's stock is owned by a number of of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.07%) and Louisiana State Employees Retirement System (0.03%).

PFBC stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System and State of Alaska Department of Revenue.

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, Robinhood, Fidelity and Charles Schwab.

One share of PFBC stock can currently be purchased for approximately $60.80.

Preferred Bank has a market capitalization of $915.04 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. Preferred Bank employs 263 workers across the globe.View Additional Information About Preferred Bank.

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

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 or via email at [email protected]