NASDAQ:PFBC - Preferred Bank Stock Price, Price Target & More

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$64.16 -0.97 (-1.49 %)
(As of 06/22/2018 01:13 PM ET)
Previous Close$64.80
Today's Range$64.16 - $65.04
52-Week Range$48.89 - $67.88
Volume1,963 shs
Average Volume56,777 shs
Market Capitalization$873.18 million
P/E Ratio19.04
Dividend Yield1.33%
Beta0.99
Preferred Bank logoPreferred 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's deposit products include checking, savings, negotiable order of withdrawal, 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; commercial loans comprising lines of credit for working capital and term loans for capital expenditures; and commercial and export letters of credit, import lines of credit, documentary collections, international wire transfers, export financing products, bills purchase programs, and acceptances/trust receipt financing products, as well as standby letters of credit and foreign exchange services for importers and exporters. In addition, it offers various high-wealth banking services to wealthy individuals residing in the Pacific Rim area with residences, real estate investments, or businesses in Southern California. Further, it provides 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. Additionally, it offers remote deposit capture, and Internet and mobile banking services. As of December 31, 2017, it had 13 full-service branch offices in Alhambra, Arcadia, Century City, City of Industry, Diamond Bar, Los Angeles, Pico Rivera, San Francisco, Tarzana, Torrance, Anaheim, and Irvine, California; and Flushing, New York. The company was founded in 1991 and is headquartered in Los Angeles, California.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:PFBC
CUSIP74036740
Phone213-891-1188

Debt

Debt-to-Equity Ratio0.28
Current Ratio1.07
Quick Ratio1.07

Price-To-Earnings

Trailing P/E Ratio19.04
Forward P/E Ratio13.71
P/E Growth1.42

Sales & Book Value

Annual Sales$163.42 million
Price / Sales5.18
Cash Flow$3.8236 per share
Price / Cash16.78
Book Value$26.92 per share
Price / Book2.38

Profitability

EPS (Most Recent Fiscal Year)$3.42
Net Income$43.39 million
Net Margins28.88%
Return on Equity16.74%
Return on Assets1.53%

Miscellaneous

Employees238
Outstanding Shares13,190,000

Preferred Bank (NASDAQ:PFBC) Frequently Asked Questions

What is Preferred Bank's stock symbol?

Preferred Bank trades on the NASDAQ under the ticker symbol "PFBC."

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

Preferred Bank declared a quarterly dividend on Friday, March 30th. Shareholders of record on Monday, April 9th will be paid a dividend of $0.22 per share on Monday, April 23rd. This represents a $0.88 annualized dividend and a yield of 1.37%. The ex-dividend date is Friday, April 6th. View Preferred Bank's Dividend History.

How were Preferred Bank's earnings last quarter?

Preferred Bank (NASDAQ:PFBC) released its quarterly earnings data on Thursday, April, 19th. The bank reported $1.09 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.06 by $0.03. The bank earned $37.71 million during the quarter, compared to analyst estimates of $37.29 million. Preferred Bank had a return on equity of 16.74% and a net margin of 28.88%. View Preferred Bank's Earnings History.

When is Preferred Bank's next earnings date?

Preferred Bank is scheduled to release their next quarterly earnings announcement on Tuesday, July, 17th 2018. View Earnings Estimates for Preferred Bank.

What price target have analysts set for PFBC?

6 analysts have issued 12-month price objectives for Preferred Bank's stock. Their predictions range from $70.00 to $76.00. On average, they anticipate Preferred Bank's stock price to reach $72.50 in the next year. View Analyst Ratings for Preferred Bank.

Who are some of Preferred Bank's key competitors?

Who are Preferred Bank's key executives?

Preferred Bank's management team includes the folowing people:
  • Mr. Li Yu, Chairman & CEO (Age 77)
  • Mr. Wellington Chen, Pres & COO (Age 58)
  • Mr. Edward J. Czajka, Exec. VP & CFO (Age 54)
  • Mr. Nick Pi, Exec. VP & Chief Credit Officer (Age 57)
  • Mr. Robert J. Kosof, Head of Commercial & Industrial Loans, Exec. VP and Regional Mang. (Age 74)

Has Preferred Bank been receiving favorable news coverage?

Media headlines about PFBC stock have trended somewhat positive this week, according to Accern. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Preferred Bank earned a daily sentiment score of 0.04 on Accern's scale. They also gave media coverage about the bank an impact score of 46.99 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Who are Preferred Bank's major shareholders?

Preferred Bank's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.12%), Nuveen Asset Management LLC (5.91%), Dimensional Fund Advisors LP (4.14%), Allianz Asset Management GmbH (2.22%), Allianz Asset Management GmbH (2.22%) and JPMorgan Chase & Co. (2.01%). View Institutional Ownership Trends for Preferred Bank.

Which institutional investors are selling Preferred Bank stock?

PFBC stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Lord Abbett & CO. LLC, JPMorgan Chase & Co., Schwab Charles Investment Management Inc., ClariVest Asset Management LLC, Citadel Advisors LLC, Federated Investors Inc. PA and Rothschild Asset Management Inc.. View Insider Buying and Selling for Preferred Bank.

Which institutional investors are buying Preferred Bank stock?

PFBC stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Nuveen Asset Management LLC, Prudential Financial Inc., Allianz Asset Management GmbH, Allianz Asset Management GmbH, Systematic Financial Management LP, Guggenheim Capital LLC and WINTON GROUP Ltd. View Insider Buying and Selling for Preferred Bank.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Preferred Bank's stock price today?

One share of PFBC stock can currently be purchased for approximately $64.46.

How big of a company is Preferred Bank?

Preferred Bank has a market capitalization of $873.18 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.

How can I contact Preferred Bank?

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]


MarketBeat Community Rating for Preferred Bank (PFBC)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  209 (Vote Outperform)
Underperform Votes:  158 (Vote Underperform)
Total Votes:  367
MarketBeat's community ratings are surveys of what our community members think about Preferred Bank and other stocks. Vote "Outperform" if you believe PFBC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PFBC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/22/2018 by MarketBeat.com Staff

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