NASDAQ:PFBC Preferred Bank (PFBC) Stock Forecast, Price & News $50.76 +3.72 (+7.91%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$47.00▼$50.8750-Day Range$44.16▼$55.5352-Week Range$42.42▼$77.75Volume76,478 shsAverage Volume80,499 shsMarket Capitalization$732.47 millionP/E Ratio5.29Dividend Yield4.33%Price Target$73.25 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Preferred Bank MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside44.3% Upside$73.25 Price TargetShort InterestBearish5.39% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.07Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-12.09%From $9.68 to $8.51 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.37 out of 5 starsFinance Sector479th out of 873 stocksState Commercial Banks Industry134th out of 181 stocks 3.2 Analyst's Opinion Consensus RatingPreferred Bank has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $73.25, Preferred Bank has a forecasted upside of 44.3% from its current price of $50.76.Amount of Analyst CoveragePreferred Bank has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.39% of the float of Preferred Bank has been sold short.Short Interest Ratio / Days to CoverPreferred Bank has a short interest ratio ("days to cover") of 6.8.Change versus previous monthShort interest in Preferred Bank has recently increased by 9.01%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipPreferred Bank is a leading dividend payer. It pays a dividend yield of 4.77%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPreferred Bank has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Preferred Bank is 22.94%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Preferred Bank will have a dividend payout ratio of 25.85% next year. This indicates that Preferred Bank will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PFBC. Previous Next 3.4 News and Social Media Coverage News SentimentPreferred Bank has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Preferred Bank this week, compared to 2 articles on an average week.MarketBeat Follows1 people have added Preferred Bank to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Preferred Bank insiders have not sold or bought any company stock.Percentage Held by Institutions71.08% of the stock of Preferred Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Preferred Bank are expected to decrease by -12.09% in the coming year, from $9.68 to $8.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Preferred Bank is 5.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Preferred Bank is 5.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 164.07.Price to Book Value per Share RatioPreferred Bank has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Preferred Bank (NASDAQ:PFBC) StockPreferred Bank operates as an independent commercial bank. It offers real estate financing for residential, commercial, industrial, and other income producing properties. Its business and consumer products include checking, savings, money market, and certificate of deposit accounts. The firm also offers treasury management services such as account reconciliation, remote deposit, cash and check courier services, merchant processing, and ACH credit origination. The company was founded by Li Yu on December 23, 1991 and is headquartered in Los Angeles, CA.Read More Receive PFBC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Preferred Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address PFBC Stock News HeadlinesJune 1, 2023 | fool.comPreferred Bank (NASDAQ: PFBC)May 31, 2023 | finance.yahoo.comPreferred Bank Opens Houston OfficeJune 4, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 25, 2023 | usatoday.comWhat credit score is needed to be approved for the Chase Sapphire Preferred card?May 25, 2023 | cnet.comThe Chase Sapphire Preferred vs. Citi PremierMay 22, 2023 | americanbankingnews.comPreferred Bank (NASDAQ:PFBC) Now Covered by StockNews.comMay 21, 2023 | insidermonkey.com5 Best Small Cap Bank Stocks With DividendsApril 27, 2023 | finance.yahoo.comPreferred Bank (NASDAQ:PFBC) Q1 2023 Earnings Call TranscriptJune 4, 2023 | Stocks To Trade (Ad)15 A.I. 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We generate 15 trading opportunities a day.April 25, 2023 | americanbankingnews.comPreferred Bank (NASDAQ:PFBC) Forecasted to Earn FY2023 Earnings of $9.47 Per ShareApril 24, 2023 | americanbankingnews.comPreferred Bank (NASDAQ:PFBC) Price Target Lowered to $60.00 at DA DavidsonApril 23, 2023 | americanbankingnews.comPreferred Bank (NASDAQ:PFBC) PT Lowered to $72.00 at Piper SandlerApril 23, 2023 | americanbankingnews.comPreferred Bank (NASDAQ:PFBC) Expected to Earn Q2 2023 Earnings of $2.49 Per ShareApril 21, 2023 | seekingalpha.comPreferred Bank (PFBC) Q1 2023 Earnings Call TranscriptApril 20, 2023 | nasdaq.comDA Davidson Maintains Preferred Bank (PFBC) Neutral RecommendationApril 19, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Financial Stocks: BCB Bancorp (BCBP), Hancock Whitney (HWC) and Preferred Bank (PFBC)April 19, 2023 | americanbankingnews.comPreferred Bank (NASDAQ:PFBC) Hits New 1-Year Low at $50.00April 18, 2023 | seekingalpha.comPreferred Bank GAAP EPS of $2.61 beats by $0.05, revenue of $75.65M beats by $0.81MApril 18, 2023 | theglobeandmail.comS&P Futures Climb as Investors Await More Earnings, Fed CluesApril 11, 2023 | msn.comPreferred Bank (PFBC) Earnings Expected to Grow: What to Know Ahead of Q1 ReleaseApril 11, 2023 | finance.yahoo.comPreferred Bank Announces 2023 First Quarter Earnings Release and Conference CallApril 9, 2023 | americanbankingnews.comFY2023 Earnings Estimate for Preferred Bank (NASDAQ:PFBC) Issued By DA DavidsonApril 8, 2023 | americanbankingnews.comDA Davidson Reaffirms Neutral Rating for Preferred Bank (NASDAQ:PFBC)April 8, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for Preferred Bank (NASDAQ:PFBC) Cut by DA DavidsonApril 3, 2023 | americanbankingnews.comPreferred Bank (PFBC) To Go Ex-Dividend on April 5thMarch 31, 2023 | msn.comTuesday Is Your Last Chance To Buy Preferred Bank Before The Dividend PayoutMarch 31, 2023 | usatoday.comCiti Diamond Preferred Review 2023: Save on interest charges for almost two yearsSee More Headlines PFBC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PFBC Company Calendar Last Earnings10/19/2021Ex-Dividend for 4/21 Dividend4/05/2023Dividend Payable4/21/2023Today6/03/2023Next Earnings (Estimated)7/19/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:PFBC CUSIP74036740 CIK1492165 Webwww.preferredbank.com Phone(213) 891-1188Fax213-622-5161Employees279Year Founded1991Price Target and Rating Average Stock Price Forecast$73.25 High Stock Price Forecast$81.00 Low Stock Price Forecast$60.00 Forecasted Upside/Downside+44.3%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$9.59 Trailing P/E Ratio5.29 Forward P/E Ratio5.24 P/E GrowthN/ANet Income$128.85 million Net Margins39.69% Pretax Margin55.23% Return on Equity22.83% Return on Assets2.22% Debt Debt-to-Equity Ratio0.45 Current Ratio1.09 Quick Ratio1.09 Sales & Book Value Annual Sales$274.75 million Price / Sales2.67 Cash Flow$9.72 per share Price / Cash Flow5.22 Book Value$45.50 per share Price / Book1.12Miscellaneous Outstanding Shares14,430,000Free FloatN/AMarket Cap$732.47 million OptionableOptionable Beta1.05 Social Links Key ExecutivesLi YuChairman & Chief Executive OfficerWellington ChenPresident & Chief Operating OfficerEdward J. CzajkaChief Financial Officer & Executive Vice PresidentNick PiChief Credit Officer & Executive Vice PresidentRobert J. KosofExecutive Vice PresidentKey CompetitorsEagle BancorpNASDAQ:EGBNCommunity Trust BancorpNASDAQ:CTBIPeoples BancorpNASDAQ:PEBOGreat Southern BancorpNASDAQ:GSBCUnivest FinancialNASDAQ:UVSPView All CompetitorsInstitutional OwnershipBrandywine Global Investment Management LLCBought 20,760 shares on 5/25/2023Ownership: 0.144%Royce & Associates LPSold 31,105 shares on 5/23/2023Ownership: 0.049%Capital Impact Advisors LLCSold 1,039 shares on 5/23/2023Ownership: 0.019%Ameriprise Financial Inc.Bought 6,164 shares on 5/22/2023Ownership: 0.641%Putnam Investments LLCSold 272 shares on 5/22/2023Ownership: 0.045%View All Institutional Transactions PFBC Stock - Frequently Asked Questions Should I buy or sell Preferred Bank stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Preferred Bank in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PFBC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PFBC, but not buy additional shares or sell existing shares. View PFBC analyst ratings or view top-rated stocks. What is Preferred Bank's stock price forecast for 2023? 3 Wall Street research analysts have issued twelve-month target prices for Preferred Bank's shares. Their PFBC share price forecasts range from $60.00 to $81.00. On average, they expect the company's stock price to reach $73.25 in the next year. This suggests a possible upside of 44.3% from the stock's current price. View analysts price targets for PFBC or view top-rated stocks among Wall Street analysts. How have PFBC shares performed in 2023? Preferred Bank's stock was trading at $74.62 on January 1st, 2023. Since then, PFBC shares have decreased by 32.0% and is now trading at $50.76. View the best growth stocks for 2023 here. When is Preferred Bank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023. View our PFBC earnings forecast. How were Preferred Bank's earnings last quarter? Preferred Bank (NASDAQ:PFBC) issued its quarterly earnings data on Tuesday, October, 19th. The bank reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.62 by $0.14. The bank earned $50.54 million during the quarter, compared to analyst estimates of $49.76 million. Preferred Bank had a net margin of 39.69% and a trailing twelve-month return on equity of 22.83%. During the same quarter last year, the business earned $1.15 EPS. How often does Preferred Bank pay dividends? What is the dividend yield for Preferred Bank? Preferred Bank announced a quarterly dividend on Monday, March 27th. Shareholders of record on Friday, April 7th will be paid a dividend of $0.55 per share on Friday, April 21st. This represents a $2.20 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date is Wednesday, April 5th. Read our dividend analysis for PFBC. What ETFs hold Preferred Bank's stock? ETFs with the largest weight of Preferred Bank (NASDAQ:PFBC) stock in their portfolio include Opus Small Cap Value Plus ETF (OSCV), Nuveen Small Cap Select ETF (NSCS), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Quality ETF (XSHQ) and Invesco S&P SmallCap Financials ETF (PSCF). Is Preferred Bank a good dividend stock? Preferred Bank (NASDAQ:PFBC) pays an annual dividend of $2.20 per share and currently has a dividend yield of 4.77%. PFBC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFBC will have a dividend payout ratio of 25.85% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PFBC. What is Li Yu's approval rating as Preferred Bank's CEO? 8 employees have rated Preferred Bank Chief Executive Officer Li Yu on Glassdoor.com. Li Yu has an approval rating of 56% among the company's employees. This puts Li Yu in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Preferred Bank own? Based on aggregate information from My MarketBeat watchlists, some companies that other Preferred Bank investors own include Energy Transfer (ET), Exxon Mobil (XOM), Alibaba Group (BABA), Verizon Communications (VZ), AbbVie (ABBV), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Medtronic (MDT), AT&T (T) and CBL & Associates Properties (CBL). What is Preferred Bank's stock symbol? Preferred Bank trades on the NASDAQ under the ticker symbol "PFBC." Who are Preferred Bank's major shareholders? Preferred Bank's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.64%), FMR LLC (6.42%), Dimensional Fund Advisors LP (4.39%), State Street Corp (4.21%), Boston Partners (3.68%) and Geode Capital Management LLC (1.80%). How do I buy shares of Preferred Bank? Shares of PFBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Preferred Bank's stock price today? One share of PFBC stock can currently be purchased for approximately $50.76. How much money does Preferred Bank make? Preferred Bank (NASDAQ:PFBC) has a market capitalization of $732.47 million and generates $274.75 million in revenue each year. The bank earns $128.85 million in net income (profit) each year or $9.59 on an earnings per share basis. How many employees does Preferred Bank have? The company employs 279 workers across the globe. How can I contact Preferred Bank? Preferred Bank's mailing address is 601 S. FIGUEROA STREET 48TH FLOOR, LOS ANGELES CA, 90017. The official website for the company is www.preferredbank.com. The bank can be reached via phone at (213) 891-1188, via email at cfo@preferredbank.com, or via fax at 213-622-5161. 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