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 Friday, December 7th. Stockholders of record on Tuesday, January 8th will be given a dividend of $0.30 per share on Tuesday, January 22nd. This represents a $1.20 annualized dividend and a dividend yield of 2.65%. The ex-dividend date of this dividend is Monday, January 7th. This is an increase from Preferred Bank's previous quarterly dividend of $0.25. View Preferred Bank's Dividend History.

Preferred Bank (NASDAQ:PFBC) announced its earnings results on Wednesday, October, 17th. The bank reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.02. The bank earned $40.91 million during the quarter, compared to analysts' expectations of $41.19 million. Preferred Bank had a net margin of 31.74% and a return on equity of 18.39%. View Preferred Bank's Earnings History.

Preferred Bank is scheduled to release their next quarterly earnings announcement on Monday, January 28th 2019. View Earnings Estimates for Preferred Bank.

5 brokerages have issued 12-month target prices for Preferred Bank's stock. Their forecasts range from $72.00 to $76.00. On average, they anticipate Preferred Bank's share price to reach $73.6667 in the next year. This suggests a possible upside of 62.5% from the stock's current price. View Analyst Price Targets for Preferred Bank.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Preferred Bank in the last year. There are currently 1 hold rating, 2 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Preferred Bank.

Media coverage about PFBC stock has trended somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Preferred Bank earned a coverage optimism score of 1.1 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

Some companies that are related to Preferred Bank include First Interstate Bancsystem (FIBK), International Bancshares (IBOC), Union Bankshares (UBSH), Independent Bank (INDB), Great Western Bancorp (GWB), Renasant (RNST), ServisFirst Bancshares (SFBS), First Bancorp (FBP), United Community Banks (UCBI), Banner (BANR), TowneBank (TOWN), Eagle Bancorp (EGBN), Ameris Bancorp (ABCB), Heartland Financial USA (HTLF) and Pacific Premier Bancorp (PPBI).

Preferred Bank's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.53%), Vanguard Group Inc. (6.66%), FMR LLC (4.96%), Dimensional Fund Advisors LP (4.46%), Stieven Capital Advisors L.P. (2.22%) and Renaissance Technologies LLC (2.21%).

PFBC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Phocas Financial Corp., Renaissance Technologies LLC, Allianz Asset Management GmbH, Chicago Equity Partners LLC, Stieven Capital Advisors L.P., Systematic Financial Management LP and Citadel Advisors LLC.

PFBC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Bank of New York Mellon Corp, Marshall Wace LLP, Matarin Capital Management LLC, Legal & General Group Plc, Dimensional Fund Advisors LP and Arizona State Retirement System.

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 $45.34.

Preferred Bank has a market capitalization of $609.15 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.

The official website for Preferred Bank is http://www.preferredbank.com.

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]