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, and money market deposit accounts; fixed-rate and fixed maturity retail, and non-retail certificates of deposit; and individual retirement accounts.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Phone213-891-1188
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$204.57 million
Profitability
Miscellaneous
Employees263
Next Earnings Date1/16/2020 (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 announced a quarterly dividend on Wednesday, September 18th. Investors of record on Monday, October 7th will be paid a dividend of $0.30 per share on Monday, October 21st. This represents a $1.20 annualized dividend and a yield of 2.26%. The ex-dividend date of this dividend is Friday, October 4th. View Preferred Bank's Dividend History.
How were Preferred Bank's earnings last quarter?
Preferred Bank (NASDAQ:PFBC) announced its quarterly earnings data on Wednesday, October, 16th. The bank reported $1.32 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $1.32. The bank had revenue of $43.21 million for the quarter, compared to analysts' expectations 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.
When is Preferred Bank's next earnings date?
What price target have analysts set for PFBC?
6 brokerages have issued 1 year price targets for Preferred Bank's stock. Their forecasts range from $51.00 to $56.00. On average, they anticipate Preferred Bank's stock price to reach $54.50 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price. View Analyst Price Targets for Preferred Bank.
What is the consensus analysts' recommendation for Preferred Bank?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Preferred Bank in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Preferred Bank.
Has Preferred Bank been receiving favorable news coverage?
Press coverage about PFBC stock has been trending extremely negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Preferred Bank earned a news impact score of -4.3 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Preferred Bank.
Are investors shorting Preferred Bank?
Preferred Bank saw a decline in short interest in the month of September. As of September 15th, there was short interest totalling 889,600 shares, a decline of 6.1% from the August 15th total of 947,600 shares. Based on an average trading volume of 74,000 shares, the days-to-cover ratio is currently 12.0 days. Currently, 6.4% of the shares of the stock are sold short. View Preferred Bank's Current Options Chain.
Who are some of Preferred Bank's key competitors?
Some companies that are related to Preferred Bank include PNC Financial Services Group (PNC), BB&T (BBT), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR).
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)
- Ms. Sandy Ho, Exec. VP & Regional Mang.
Who are Preferred Bank's major shareholders?
Preferred Bank's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.07%).
Which major investors are buying Preferred Bank stock?
PFBC stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue.
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, Robinhood, Fidelity and Charles Schwab.
What is Preferred Bank's stock price today?
One share of PFBC stock can currently be purchased for approximately $53.19.
How big of a company is Preferred Bank?
Preferred Bank has a market capitalization of $800.51 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.
What is Preferred Bank's official website?
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)
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.
