Preferred Bank Company Profile (NASDAQ:PFBC)

About Preferred Bank (NASDAQ:PFBC)

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: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:PFBC
  • CUSIP: 74036740
  • Web:
  • Market Cap: $845.47 million
  • Outstanding Shares: 14,369,000
Average Prices:
  • 50 Day Moving Avg: $55.72
  • 200 Day Moving Avg: $53.77
  • 52 Week Range: $34.34 - $60.99
  • Trailing P/E Ratio: 20.13
  • Foreward P/E Ratio: 15.86
  • P/E Growth: 1.85
Sales & Book Value:
  • Annual Revenue: $111.9 million
  • Price / Sales: 7.56
  • Book Value: $21.24 per share
  • Price / Book: 2.77
  • Annual Dividend: $0.80
  • Dividend Yield: 1.4%
  • Net Margins: 28.91%
  • Return on Equity: 14.05%
  • Return on Assets: 1.25%
  • Debt-to-Equity Ratio: 0.35%
  • Current Ratio: 1.04%
  • Quick Ratio: 1.04%
  • Average Volume: 67,827 shs.
  • Beta: 0.94
  • Short Ratio: 6.41

Frequently Asked Questions for Preferred Bank (NASDAQ:PFBC)

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, September 22nd. Investors of record on Friday, October 6th will be given a dividend of $0.20 per share on Friday, October 20th. This represents a $0.80 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend is Thursday, October 5th. View Preferred Bank's Dividend History.

How were Preferred Bank's earnings last quarter?

Preferred Bank (NASDAQ:PFBC) posted its earnings results on Tuesday, July, 18th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.05. The firm had revenue of $32.55 million for the quarter, compared to analyst estimates of $31.78 million. Preferred Bank had a return on equity of 14.05% and a net margin of 28.91%. View Preferred Bank's Earnings History.

When will Preferred Bank make its next earnings announcement?

Preferred Bank is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Preferred Bank.

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

2 equities research analysts have issued twelve-month price targets for Preferred Bank's stock. Their forecasts range from $65.00 to $65.00. On average, they anticipate Preferred Bank's share price to reach $65.00 in the next year. View Analyst Ratings for Preferred Bank.

What are analysts saying about Preferred Bank stock?

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

  • 1. 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 " (9/20/2017)
  • 2. 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)

Who are some of Preferred Bank's key competitors?

Who are Preferred Bank's key executives?

Preferred Bank's management team includes the folowing people:

  • Li Yu, Chairman of the Board, Chief Executive Officer
  • Wellington Chen, President, Chief Operating Officer
  • Edward J. Czajka, Chief Financial Officer, Senior Vice President
  • Frederick B. Denitz, Executive Vice President
  • Thomas Lo, Executive Vice President - Orange County
  • Nick Pi, Executive Vice President, Chief Credit Officer
  • Robert J. Kosof, Head - Commercial Lending and Regional Manager - West Los Angeles Operations
  • J. Richard Belliston, Director
  • William Cheng, Director
  • Clark Hsu, Director

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.

What is Preferred Bank's stock price today?

One share of Preferred Bank stock can currently be purchased for approximately $58.84.

MarketBeat Community Rating for Preferred Bank (NASDAQ PFBC)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  132 (Vote Outperform)
Underperform Votes:  93 (Vote Underperform)
Total Votes:  225
MarketBeat's community ratings are surveys of what our community members think about Preferred Bank and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Preferred Bank (NASDAQ:PFBC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $65.00 (10.47% upside)
Consensus Price Target History for Preferred Bank (NASDAQ:PFBC)
Price Target History for Preferred Bank (NASDAQ:PFBC)
Analysts' Ratings History for Preferred Bank (NASDAQ:PFBC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/19/2017FBR & CoReiterated RatingBuyLowView Rating Details
7/10/2017StephensUpgradeEqual Weight -> OverweightMediumView Rating Details
8/25/2016Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$15.00N/AView Rating Details
(Data available from 10/16/2015 forward)


Earnings History for Preferred Bank (NASDAQ:PFBC)
Earnings by Quarter for Preferred Bank (NASDAQ:PFBC)
Earnings History by Quarter for Preferred Bank (NASDAQ PFBC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$0.82N/AView Earnings Details
7/18/2017Q2 2017$0.75$0.80$31.78 million$32.55 millionViewN/AView Earnings Details
4/19/2017Q1 2017$0.70$0.71$30.00 million$30.53 millionViewN/AView Earnings Details
1/19/2017Q4 2016$0.65$0.71$28.08 million$29.35 millionViewN/AView Earnings Details
10/19/2016Q3$0.62$0.69$27.53 million$27.85 millionViewN/AView Earnings Details
7/20/2016Q2$0.58$0.61$26.18 million$27.40 millionViewN/AView Earnings Details
4/20/2016Q1$0.56$0.56$24.20 million$25.04 millionViewN/AView Earnings Details
1/21/2016Q4$0.54$0.57$23.17 million$23.27 millionViewListenView Earnings Details
10/19/2015Q315$0.53$0.57$21.93 million$22.54 millionViewListenView Earnings Details
7/20/2015Q215$0.50$0.55$20.90 million$21.70 millionViewListenView Earnings Details
4/20/2015Q115$0.48$0.48$20.33 million$20.23 millionViewN/AView Earnings Details
1/20/2015Q414$0.47$0.50$19.43 million$20.13 millionViewN/AView Earnings Details
10/16/2014Q3 14$0.43$0.46$18.53 million$18.96 millionViewListenView Earnings Details
7/23/2014Q412$0.39$0.43$18.13 million$17.98 millionViewN/AView Earnings Details
4/22/2014Q1$0.37$0.38$17.70 million$17.53 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Preferred Bank (NASDAQ:PFBC)
2017 EPS Consensus Estimate: $3.23
2018 EPS Consensus Estimate: $3.96
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.69$0.72$0.70
Q2 20173$0.74$0.77$0.76
Q3 20173$0.85$0.93$0.88
Q4 20173$0.83$0.96$0.89
Q1 20182$0.90$0.98$0.94
Q2 20182$0.94$1.01$0.98
Q3 20182$0.99$1.03$1.01
Q4 20182$1.02$1.05$1.04
(Data provided by Zacks Investment Research)


Current Dividend Information for Preferred Bank (NASDAQ:PFBC)
Next Dividend:10/20/2017
Annual Dividend:$0.80
Dividend Yield:1.36%
Payout Ratio:27.49% (Trailing 12 Months of Earnings)
24.92% (Based on This Year's Estimates)
21.56% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Preferred Bank (NASDAQ:PFBC)

Dividend History by Quarter for Preferred Bank (NASDAQ PFBC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(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


Headline Trends for Preferred Bank (NASDAQ:PFBC)
Latest Headlines for Preferred Bank (NASDAQ:PFBC)
DateHeadline logoPreferred Bank (PFBC) to Post Q3 2017 Earnings of $0.86 Per Share, FBR & Co Forecasts - October 12 at 7:48 AM logo Brokerages Expect Preferred Bank (PFBC) Will Announce Quarterly Sales of $34.68 Million - October 10 at 12:40 PM logoPreferred Bank (PFBC) Announces Initiation of Up to $50M Common Share 'At The Market Offering' - October 5 at 3:45 PM logoETFs with exposure to Preferred Bank (California) : October 4, 2017 - October 5 at 3:45 PM logoPreferred Bank Announces 2017 Third Quarter Earnings Release and Conference Call - October 5 at 3:45 PM logoPreferred Bank (California) :PFBC-US: Earnings Analysis: Q2, 2017 By the Numbers : October 3, 2017 - October 3 at 10:36 AM logoPreferred Bank: A Small-Cap Bank Worth A Look - September 29 at 12:28 PM logoPreferred Bank Declares Quarterly Dividend of $0.20 (PFBC) - September 22 at 6:28 PM logoPreferred Bank (California) breached its 50 day moving average in a Bullish Manner : PFBC-US : September 22, 2017 - September 22 at 12:33 PM logoPreferred Bank (PFBC) & Its Rivals Head to Head Analysis - September 15 at 2:14 AM logo$0.85 EPS Expected for Preferred Bank (PFBC) This Quarter - August 31 at 10:28 PM logoPreferred Bank (California) – Value Analysis (NASDAQ:PFBC) : August 23, 2017 - August 24 at 10:56 AM logoPreferred Bank (California) : PFBC-US: Dividend Analysis : July 07th, 2017 (record date) : By the numbers : August 21, 2017 - August 23 at 10:20 AM logoPreferred Bank (California) breached its 50 day moving average in a Bearish Manner : PFBC-US : August 11, 2017 - August 12 at 6:47 AM logoPreferred Bank (PFBC) Receives Consensus Rating of "Buy" from Brokerages - August 5 at 1:06 PM logo Brokerages Anticipate Preferred Bank (PFBC) Will Post Quarterly Sales of $34.68 Million - July 28 at 6:01 PM logoWhy Preferred Bank (PFBC) Stock Might be a Great Pick - July 26 at 6:17 AM logoPreferred Bank (PFBC) Given Buy Rating at FBR & Co - July 23 at 3:49 PM logoFY2018 Earnings Forecast for Preferred Bank Issued By FIG Partners (PFBC) - July 21 at 3:30 PM logoResearch Analysts Set Expectations for Preferred Bank's Q3 2017 Earnings (NASDAQ:PFBC) - July 21 at 9:08 AM logoPreferred Bank (PFBC) to Post Q3 2017 Earnings of $0.87 Per Share, FBR & Co Forecasts - July 21 at 9:08 AM logoEdited Transcript of PFBC earnings conference call or presentation 19-Jul-17 6:00pm GMT - July 21 at 6:08 AM logoFIG Partners Weighs in on Preferred Bank's Q3 2017 Earnings (PFBC) - July 20 at 8:42 AM logoInvestor Network: Preferred Bank to Host Earnings Call - July 19 at 3:47 PM logoPreferred Bank (PFBC) Releases Quarterly Earnings Results, Beats Expectations By $0.05 EPS - July 19 at 8:59 AM logoPreferred Bank beats by $0.05, beats on net interest income - July 19 at 2:24 AM logoPreferred Bank Reports Second Quarter Results - July 19 at 2:24 AM logoPreferred Bank (NASDAQ:PFBC) Set to Announce Earnings on Tuesday - July 14 at 7:46 AM logoPreferred Bank (PFBC) Upgraded to Overweight at Stephens - July 10 at 11:38 AM logoPreferred Bank (PFBC) versus OFG Bancorp (OFG) Financial Analysis - July 9 at 10:24 PM logoPreferred Bank Announces 2017 Second Quarter Earnings Release and Conference Call - July 6 at 8:31 PM logoPreferred Bank (NASDAQ:PFBC) Expected to Post Quarterly Sales of $31.78 Million - July 2 at 10:42 AM logoCANSLIM Memo: Plumas Bancorp - June 17 at 7:53 PM logoPreferred Bank's (PFBC) CEO Li Yu on Q1 2017 Results - Earnings Call Transcript - April 21 at 12:19 AM logoPreferred Bank beats by $0.01, misses on net interest income - April 20 at 8:59 AM logoShould Value Investors Pick Preferred Bank (PFBC) Stock? - April 20 at 8:59 AM logoPreferred Bank (PFBC) PT Raised to $65 at FBR Capital Following 4Q EPS Beat - January 24 at 8:43 AM logoPreferred Bank's (PFBC) CEO Li Yu on Q4 2016 Results - Earnings Call Transcript - January 20 at 8:01 PM logoQ4 2016 Preferred Bank Earnings Release - After Market Close - January 20 at 12:07 AM logo8:30 am Preferred Bank increases quarterly dividend to $0.18/share from $0.15/share - December 23 at 7:21 PM logoPreferred Bank's (PFBC) CEO Li Yu on Q3 2016 Results - Earnings Call Transcript - October 21 at 10:15 AM logoPreferred Bank beats by $0.07, beats on revenue - October 20 at 7:02 PM logoQ3 2016 Preferred Bank Earnings Release - After Market Close - October 19 at 3:18 PM logoQ2 2016 Preferred Bank Earnings Release - After Market Close - July 20 at 7:07 AM logoQ1 2016 Preferred Bank Earnings Release - After Market Close - April 20 at 7:07 AM



Preferred Bank (PFBC) Chart for Monday, October, 16, 2017

This page was last updated on 10/16/2017 by Staff

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