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

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

Preferred Bank announced a quarterly dividend on Thursday, June 28th. Stockholders of record on Friday, July 6th will be given a dividend of $0.25 per share on Friday, July 20th. This represents a $1.00 annualized dividend and a dividend yield of 1.62%. The ex-dividend date is Thursday, July 5th. This is a positive change from Preferred Bank's previous quarterly dividend of $0.22. View Preferred Bank's Dividend History.

Preferred Bank (NASDAQ:PFBC) released its quarterly earnings results on Wednesday, July, 18th. The bank reported $1.14 EPS for the quarter, beating the consensus estimate of $1.09 by $0.05. The bank had revenue of $39.16 million for the quarter, compared to analyst estimates of $38.66 million. Preferred Bank had a return on equity of 17.86% and a net margin of 30.57%. 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 brokerages have issued 1-year target prices for Preferred Bank's shares. Their predictions range from $70.00 to $80.00. On average, they expect Preferred Bank's stock price to reach $73.50 in the next twelve months. This suggests a possible upside of 19.0% from the stock's current price. 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 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Preferred Bank.

Preferred Bank saw a increase in short interest in July. As of July 13th, there was short interest totalling 1,425,598 shares, an increase of 113.7% from the June 29th total of 666,963 shares. Based on an average trading volume of 657,802 shares, the short-interest ratio is currently 2.2 days. Approximately 12.2% of the shares of the stock are sold short. View Preferred Bank's Current Options Chain.

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

News stories about PFBC stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Preferred Bank earned a coverage optimism score of 0.20 on Accern's scale. They also assigned media stories about the bank an impact score of 46.22 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Preferred Bank.

Preferred Bank's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.34%), FMR LLC (6.79%), Dimensional Fund Advisors LP (4.27%), Renaissance Technologies LLC (2.76%), Phocas Financial Corp. (1.82%) and Boston Partners (1.77%).

PFBC stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Massachusetts Financial Services Co. MA, Maltese Capital Management LLC, Maltese Capital Management LLC, Bank of Montreal Can, Chicago Equity Partners LLC, Advisors Asset Management Inc. and Columbus Circle Investors.

PFBC stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Millennium Management LLC, Renaissance Technologies LLC, Rothschild Asset Management Inc., Portolan Capital Management LLC, Citadel Advisors LLC and Dimensional Fund Advisors LP.

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 $61.78.

Preferred Bank has a market capitalization of $815.68 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]