S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
S&P 500   4,577.10
DOW   34,639.79
QQQ   389.91
NASDAQ:PFBC

Preferred Bank Stock Forecast, Price & News

$68.66
+1.39 (+2.07%)
(As of 12/2/2021 04:00 PM ET)
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Today's Range
$67.22
$69.30
50-Day Range
$65.91
$71.90
52-Week Range
$37.67
$72.58
Volume
93,228 shs
Average Volume
60,564 shs
Market Capitalization
$1.03 billion
P/E Ratio
11.41
Dividend Yield
2.26%
Beta
1.44
30 days | 90 days | 365 days | Advanced Chart
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Preferred Bank logo

About Preferred Bank

Preferred 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.

Headlines

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Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:PFBC
CUSIP
74036740
Employees
279
Year Founded
1991

Sales & Book Value

Annual Sales
$220.32 million
Cash Flow
$4.81 per share
Book Value
$37.34 per share

Profitability

Net Income
$69.47 million
Pretax Margin
57.78%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$1.03 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
10/06/2021
Last Earnings
10/19/2021
Dividend Payable
10/21/2021
Today
12/03/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/24/2022

Social Links


MarketRank

Overall MarketRank

2.64 out of 5 stars

Finance Sector

219th out of 1,340 stocks

State Commercial Banks Industry

42nd out of 233 stocks

Analyst Opinion: 2.5Community Rank: 4.7Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -












Preferred Bank (NASDAQ:PFBC) Frequently Asked Questions

Is Preferred Bank a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Preferred Bank in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Preferred Bank stock.
View analyst ratings for Preferred Bank
or view top-rated stocks.

How has Preferred Bank's stock been impacted by COVID-19?

Preferred Bank's stock was trading at $40.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PFBC shares have increased by 68.6% and is now trading at $68.66.
View which stocks have been most impacted by COVID-19
.

When is Preferred Bank's next earnings date?

Preferred Bank is scheduled to release its next quarterly earnings announcement on Monday, January 24th 2022.
View our earnings forecast for Preferred Bank
.

How were Preferred Bank's earnings last quarter?

Preferred Bank (NASDAQ:PFBC) released its quarterly earnings results on Tuesday, October, 19th. The bank reported $1.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.62 by $0.14. The bank earned $50.54 million during the quarter, compared to analysts' expectations of $49.76 million. Preferred Bank had a trailing twelve-month return on equity of 16.42% and a net margin of 41.33%. During the same quarter in the prior year, the firm earned $1.15 EPS.
View Preferred Bank's earnings history
.

How often does Preferred Bank pay dividends? What is the dividend yield for Preferred Bank?

Preferred Bank declared a quarterly dividend on Friday, September 24th. Investors of record on Thursday, October 7th will be given a dividend of $0.38 per share on Thursday, October 21st. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date is Wednesday, October 6th.
View Preferred Bank's dividend history
.

Is Preferred Bank a good dividend stock?

Preferred Bank pays an annual dividend of $1.52 per share and currently has a dividend yield of 2.26%. Preferred Bank does not yet have a strong track record of dividend growth. The dividend payout ratio of Preferred Bank is 25.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Preferred Bank will have a dividend payout ratio of 23.24% next year. This indicates that Preferred Bank will be able to sustain or increase its dividend.
View Preferred Bank's dividend history.

What price target have analysts set for PFBC?

4 brokerages have issued 1 year target prices for Preferred Bank's shares. Their forecasts range from $72.00 to $88.00. On average, they expect Preferred Bank's share price to reach $79.75 in the next year. This suggests a possible upside of 16.2% from the stock's current price.
View analysts' price targets for Preferred Bank
or view top-rated stocks among Wall Street analysts.

Who are Preferred Bank's key executives?

Preferred Bank's management team includes the following people:
  • Li Yu, Chairman & Chief Executive Officer
  • Wellington Chen, President & Chief Operating Officer
  • Edward J. Czajka, Chief Financial Officer & Executive Vice President
  • Nick Pi, Chief Credit Officer & Executive Vice President
  • Robert J. Kosof, Executive Vice President

What is Li Yu's approval rating as Preferred Bank's CEO?

8 employees have rated Preferred Bank CEO Li Yu on Glassdoor.com. Li Yu has an approval rating of 56% among Preferred Bank'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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.80%), Dimensional Fund Advisors LP (4.13%), Stieven Capital Advisors L.P. (2.08%), Boston Partners (1.88%), Geode Capital Management LLC (1.57%) and Renaissance Technologies LLC (1.22%).

Which major investors are selling Preferred Bank stock?

PFBC stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Millennium Management LLC, BlackRock Inc., Hotchkis & Wiley Capital Management LLC, Victory Capital Management Inc., UBS Group AG, Citigroup Inc., and Barclays PLC.

Which major investors are buying Preferred Bank stock?

PFBC stock was bought by a variety of institutional investors in the last quarter, including Royal Bank of Canada, SG Americas Securities LLC, Maltese Capital Management LLC, Renaissance Technologies LLC, Stieven Capital Advisors L.P., BNP Paribas Arbitrage SA, Putnam Investments LLC, and State of New Jersey Common Pension Fund D.

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 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 $68.66.

How much money does Preferred Bank make?

Preferred Bank has a market capitalization of $1.03 billion and generates $220.32 million in revenue each year. The bank earns $69.47 million in net income (profit) each year or $6.02 on an earnings per share basis.

How many employees does Preferred Bank have?

Preferred Bank employs 279 workers across the globe.

When was Preferred Bank founded?

Preferred Bank was founded in 1991.

What is Preferred Bank's official website?

The official website for Preferred Bank is www.preferredbank.com.

Where are Preferred Bank's headquarters?

Preferred Bank is headquartered at 601 S. FIGUEROA STREET 48TH FLOOR, LOS ANGELES CA, 90017.

How can I contact Preferred Bank?

Preferred Bank's mailing address is 601 S. FIGUEROA STREET 48TH FLOOR, LOS ANGELES CA, 90017. The bank can be reached via phone at (213) 891-1188, via email at [email protected], or via fax at 213-622-5161.


This page was last updated on 12/3/2021 by MarketBeat.com Staff

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