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Top-Rated Dividend Stocks  
NASDAQ:PFBC

Preferred Bank - PFBC Stock Forecast, Price & News

$72.50
+0.40 (+0.55%)
(As of 12/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$71.57
▼
$73.15
50-Day Range
$65.52
▼
$76.87
52-Week Range
$62.02
▼
$81.97
Volume
88,979 shs
Average Volume
69,710 shs
Market Capitalization
$1.09 billion
P/E Ratio
9.28
Dividend Yield
2.39%
Price Target
$87.20

Preferred Bank MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
20.3% Upside
$87.20 Price Target
Short Interest
Bearish
3.97% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
11.42%
From $8.58 to $9.56 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Finance Sector

625th out of 889 stocks

State Commercial Banks Industry

134th out of 186 stocks

See Top Rated MarketRank™ Stocks Here
PFBC stock logo

About Preferred Bank (NASDAQ:PFBC) Stock

Preferred Bank provides various commercial banking products and services to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals in the United States. The company accepts checking, savings, and money market deposit accounts; fixed-rate and fixed maturity retail, and non-retail certificates of deposit; and individual retirement accounts. It also provides real estate mortgage loans that are secured by retail, industrial, office, special purpose, and residential single and multi-family properties; real estate construction loans; and commercial loans comprising lines of credit for working capital, term loans for capital expenditures, and commercial and stand-by letters of credit; and SBA loans. In addition, the company offers trade finance services, including commercial and export letters of credit, import lines of credit, documentary collections, international wire transfers, acceptances/trust receipt financing products, export financing, documentary collections, and bills purchase programs. Further, it provides various high-wealth banking services to wealthy individuals residing in the Pacific Rim area; and remote deposit capture, and online and mobile banking services. Additionally, the company offers various banking services to physicians, accountants, attorneys, business managers, and other professionals; and safe deposit boxes, account reconciliation, courier service, and cash management services to the manufacturing, service, and distribution companies. As of December 31, 2021, it had eleven full-service branch offices in Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Pico Rivera, Tarzana, and San Francisco; and one branch in Flushing, New York. The company was incorporated in 1991 and is headquartered in Los Angeles, California.

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PFBC Stock News Headlines

November 22, 2022 | nasdaq.com
Preferred Bank (PBFC): Strong Industry, Solid Earnings Estimate Revisions
November 15, 2022 | seekingalpha.com
Preferred Bank Executing On Rate Leverage, But The Street Isn't All That Interested
October 26, 2022 | finance.yahoo.com
Earnings Estimates Moving Higher for Preferred Bank (PFBC): Time to Buy?
October 21, 2022 | finance.yahoo.com
Wall Street Analysts Predict a 26% Upside in Preferred Bank (PFBC): Here's What You Should Know
October 20, 2022 | seekingalpha.com
Preferred Bank (PFBC) Q3 2022 Earnings Call Transcript
October 19, 2022 | finance.yahoo.com
Preferred Bank Reports Record Quarterly Earnings
October 18, 2022 | msn.com
Preview: Preferred Bank's Earnings
October 11, 2022 | finance.yahoo.com
Preferred Bank Announces 2022 Third Quarter Earnings Release and Conference Call
September 26, 2022 | finance.yahoo.com
Preferred Bank (PFBC) Upgraded to Buy: Here's What You Should Know
September 19, 2022 | reuters.com
PFBC.O - Preferred Bank | Stock Price & Latest News | Reuters
September 8, 2022 | nasdaq.com
Insiders at Preferred Bank (NASDAQ:PFBC) sold US$7.7m worth of stock, possibly indicating weakness in the future
September 2, 2022 | seekingalpha.com
Preferred Bank: Expect A Substantial Net Interest Margin Increase In Q3
August 25, 2022 | nasdaq.com
Bullish Two Hundred Day Moving Average Cross - PFBC
August 4, 2022 | finance.yahoo.com
Preferred Bank Completes Stock Repurchase
July 21, 2022 | seekingalpha.com
Preferred Bank's (PFBC) CEO Li Yu on Q2 2022 Results - Earnings Call Transcript
July 20, 2022 | finance.yahoo.com
Preferred Bank (PFBC) Surpasses Q2 Earnings and Revenue Estimates
July 20, 2022 | finance.yahoo.com
This is Why Preferred Bank (PFBC) is a Great Dividend Stock
July 13, 2022 | finance.yahoo.com
Preferred Bank Announces 2022 Second Quarter Earnings Release and Conference Call
July 11, 2022 | markets.businessinsider.com
Short Volatility Alert: Preferred Bank
July 4, 2022 | nasdaq.com
Wall Street Analysts Predict a 29% Upside in Preferred Bank (PFBC): Here's What You Should Know
July 4, 2022 | finance.yahoo.com
Preferred Bank (PFBC) Could Be a Great Choice
June 22, 2022 | nasdaq.com
All You Need to Know About Preferred Bank (PFBC) Rating Upgrade to Buy
June 7, 2022 | finance.yahoo.com
Preferred Bank Announces Share Repurchase Plan
June 3, 2022 | finance.yahoo.com
Investors in Preferred Bank (NASDAQ:PFBC) have made a notable return of 62% over the past three years
June 1, 2022 | seekingalpha.com
Preferred Bank: Strong Loan Book, Conservative Underwriting Policy
See More Headlines
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PFBC Company Calendar

Ex-Dividend for 10/21 Dividend
10/06/2022
Last Earnings
10/19/2022
Dividend Payable
10/21/2022
Today
12/09/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/18/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:PFBC
CUSIP
74036740
CIK
1492165
Web
www.preferredbank.com
Phone
(213) 891-1188
Fax
213-622-5161
Employees
279
Year Founded
1991

Price Target and Rating

Average Stock Price Forecast
$87.20
High Stock Price Forecast
$95.00
Low Stock Price Forecast
$80.00
Forecasted Upside/Downside
+20.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$7.81
Trailing P/E Ratio
9.28
Forward P/E Ratio
8.45
P/E Growth
N/A
Net Income
$95.24 million
Net Margins
44.53%
Pretax Margin
62.25%
Return on Equity
19.58%
Return on Assets
1.87%

Debt

Debt-to-Equity Ratio
0.25
Current Ratio
1.04
Quick Ratio
1.04

Sales & Book Value

Annual Sales
$218.78 million
Price / Sales
4.99
Cash Flow
$6.63 per share
Price / Cash Flow
10.94
Book Value
$38.99 per share
Price / Book
1.86

Miscellaneous

Outstanding Shares
15,050,000
Free Float
N/A
Market Cap
$1.09 billion
Optionable
Optionable
Beta
1.14

Social Links


Key Executives

  • Mr. Li Yu (Age 81)
    Chairman, CEO & Corp. Sec.
    Comp: $2.23M
  • Mr. Wellington Chen (Age 62)
    Pres & COO
    Comp: $1.07M
  • Mr. Edward J. Czajka (Age 58)
    Exec. VP & CFO
    Comp: $677.27k
  • Mr. Nick Pi (Age 61)
    Exec. VP & Chief Credit Officer
    Comp: $596.26k
  • Mr. Johnny Hsu (Age 47)
    Exec. VP & Deputy COO
    Comp: $468.59k
  • Mr. Robert J. Kosof (Age 78)
    Exec. VP of Commercial Lending
  • Ms. Sandy Ho
    Exec. VP & Regional Mang.
  • Ms. Stella Chen
    Sr. VP
  • Erika Chi
    Exec. VP
  • Mr. Ted Hsu (Age 60)
    Exec. VP

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













PFBC Stock - Frequently Asked Questions

Should I buy or sell Preferred Bank stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Preferred Bank in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PFBC shares.
View PFBC analyst ratings or view top-rated stocks.

What is Preferred Bank's stock price forecast for 2023?

4 equities research analysts have issued 12 month target prices for Preferred Bank's stock. Their PFBC share price forecasts range from $80.00 to $95.00. On average, they predict the company's stock price to reach $87.20 in the next twelve months. This suggests a possible upside of 20.1% 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 2022?

Preferred Bank's stock was trading at $71.79 at the beginning of 2022. Since then, PFBC stock has increased by 1.2% and is now trading at $72.63.
View the best growth stocks for 2022 here.

When is Preferred Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 18th 2023.
View our PFBC earnings forecast.

How were Preferred Bank's earnings last quarter?

Preferred Bank (NASDAQ:PFBC) announced its quarterly earnings results on Wednesday, October, 19th. The bank reported $2.40 EPS for the quarter, topping analysts' consensus estimates of $2.12 by $0.28. The bank earned $68.98 million during the quarter, compared to analyst estimates of $64.37 million. Preferred Bank had a trailing twelve-month return on equity of 19.58% and a net margin of 44.53%.

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

Preferred Bank announced a quarterly dividend on Wednesday, September 21st. Stockholders of record on Friday, October 7th will be given a dividend of $0.43 per share on Friday, October 21st. This represents a $1.72 annualized dividend and a yield of 2.37%. The ex-dividend date is Thursday, October 6th.
Read our dividend analysis for PFBC.

Is Preferred Bank a good dividend stock?

Preferred Bank (NASDAQ:PFBC) pays an annual dividend of $1.72 per share and currently has a dividend yield of 2.39%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFBC will have a dividend payout ratio of 17.99% 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (9.31%), Vanguard Group Inc. (6.12%), Dimensional Fund Advisors LP (4.04%), State Street Corp (3.68%), Nuveen Asset Management LLC (3.42%) and Stieven Capital Advisors L.P. (2.06%).

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 $72.63.

How much money does Preferred Bank make?

Preferred Bank (NASDAQ:PFBC) has a market capitalization of $1.09 billion and generates $218.78 million in revenue each year. The bank earns $95.24 million in net income (profit) each year or $7.81 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.

This page (NASDAQ:PFBC) was last updated on 12/9/2022 by MarketBeat.com Staff