NASDAQ:PFBC - Preferred Bank Stock Price, Price Target & More

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

Preferred Bank declared a quarterly dividend on Thursday, June 28th. Stockholders of record on Friday, July 6th will be paid a dividend of $0.25 per share on Friday, July 20th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date is Thursday, July 5th. This is an increase from Preferred Bank's previous quarterly dividend of $0.22. View Preferred Bank's Dividend History.

Preferred Bank (NASDAQ:PFBC) announced its quarterly earnings data on Wednesday, July, 18th. The bank reported $1.14 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.09 by $0.05. The bank earned $39.16 million during the quarter, compared to the consensus estimate of $38.66 million. Preferred Bank had a net margin of 28.88% and a return on equity of 16.74%. View Preferred Bank's Earnings History.

Preferred Bank is scheduled to release their next quarterly earnings announcement on Tuesday, October, 23rd 2018. View Earnings Estimates for Preferred Bank.

6 Wall Street analysts have issued 12 month price targets for Preferred Bank's shares. Their forecasts range from $70.00 to $76.00. On average, they expect Preferred Bank's share price to reach $72.50 in the next year. This suggests a possible upside of 10.5% from the stock's current price. View Analyst Ratings for Preferred Bank.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Preferred Bank in the last year. There are currently 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Preferred Bank include Cathay General Bancorp (CATY), South State (SSB), Bancorpsouth Bank (BXS), Columbia Banking System (COLB), International Bancshares (IBOC), Union Bankshares (UBSH), CVB Financial (CVBF), Great Western Bancorp (GWB), First Interstate BancSystem (FIBK), United Community Banks (UCBI), TowneBank (TOWN), ServisFirst Bancshares (SFBS), Renasant (RNST), Independent Bank (INDB) and Hilltop (HTH).

Press coverage about PFBC stock has been trending somewhat positive on Thursday, Accern Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Preferred Bank earned a coverage optimism score of 0.04 on Accern's scale. They also gave media coverage about the bank an impact score of 48.56 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Preferred Bank's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.23%) and Columbia Partners L L C Investment Management (0.17%). View Institutional Ownership Trends for Preferred Bank.

PFBC stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can and Columbia Partners L L C Investment Management. View Insider Buying and Selling for 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.

One share of PFBC stock can currently be purchased for approximately $65.62.

Preferred Bank has a market capitalization of $840.34 million and generates $163.42 million in revenue each year. The bank earns $43.39 million in net income (profit) each year or $3.42 on an earnings per share basis. Preferred Bank employs 238 workers across the globe.

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]