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 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date of this dividend is Monday, January 7th. This is a positive change from Preferred Bank's previous quarterly dividend of $0.25. View Preferred Bank's Dividend History.

Preferred Bank (NASDAQ:PFBC) announced its quarterly earnings data on Thursday, January, 17th. The bank reported $1.13 EPS for the quarter, missing analysts' consensus estimates of $1.24 by $0.11. The bank earned $45.85 million during the quarter, compared to analyst estimates of $42.11 million. Preferred Bank had a return on equity of 17.71% and a net margin of 34.70%. View Preferred Bank's Earnings History.

Preferred Bank is scheduled to release their next quarterly earnings announcement on Thursday, April 18th 2019. View Earnings Estimates for Preferred Bank.

3 analysts have issued 1 year target prices for Preferred Bank's stock. Their forecasts range from $51.00 to $76.00. On average, they expect Preferred Bank's share price to reach $66.3333 in the next twelve months. This suggests a possible upside of 27.4% from the stock's current price. View Analyst Price Targets for Preferred Bank.

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

Media headlines about PFBC stock have been trending somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Preferred Bank earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave news articles 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 stock's share price in the next few days.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Preferred Bank investors own include Energy Transfer LP Unit (ET), Cornerstone Total Return Fund (CRF), Cornerstone Strategic Value Fund (CLM), SunCoke Energy Partners (SXCP), SandRidge Permian Trust (PER), CBL & Associates Properties (CBL), Navios Maritime Midstream Partners (NAP), Martin Midstream Partners (MMLP), Ford Motor (F) and Alibaba Group (BABA).

Preferred Bank's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.42%), Nuveen Asset Management LLC (6.66%), Dimensional Fund Advisors LP (4.65%), Boston Partners (3.11%), Northern Trust Corp (2.04%) and Bank of New York Mellon Corp (1.52%).

PFBC stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Bank of America Corp DE, Prudential Financial Inc., Two Sigma Advisers LP, Barclays PLC, Citigroup Inc., First Trust Advisors LP and Two Sigma Investments LP.

PFBC stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, BlackRock Inc., JCSD Capital LLC, LSV Asset Management, Dimensional Fund Advisors LP, Brandywine Global Investment Management LLC, Municipal Employees Retirement System of Michigan and Nuveen Asset Management LLC.

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 $52.08.

Preferred Bank has a market capitalization of $686.94 million and generates $204.57 million in revenue each year. The bank earns $70.99 million in net income (profit) each year or $4.55 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]