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. Investors 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 yield of 2.74%. The ex-dividend date is Monday, January 7th. This is a boost from Preferred Bank's previous quarterly dividend of $0.25. View Preferred Bank's Dividend History.

Preferred Bank (NASDAQ:PFBC) released its quarterly earnings results on Wednesday, October, 17th. The bank reported $1.20 EPS for the quarter, beating the Zacks' 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 analysts have issued 12-month price objectives for Preferred Bank's stock. Their predictions range from $72.00 to $76.00. On average, they expect Preferred Bank's share price to reach $73.6667 in the next year. This suggests a possible upside of 68.2% 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 headlines about PFBC stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news 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 daily sentiment score of 2.0 on InfoTrie's scale. They also assigned media headlines about the bank a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an impact on the stock's share price in the immediate future.

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

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

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, Vanguard Group Inc., Bank of New York Mellon Corp, Marshall Wace LLP, Matarin Capital Management LLC, Legal & General Group Plc and Dimensional Fund Advisors LP.

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 $43.81.

Preferred Bank has a market capitalization of $572.76 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]