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MarketBeat Week in Review – 3/27 - 3/31
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
UN food chief: Billions needed to avert unrest, starvation
'War of the states': EV, chip makers lavished with subsidies
NASDAQ:PFBC

Preferred Bank - PFBC Stock Forecast, Price & News

$54.81
+1.07 (+1.99%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$53.74
$55.05
50-Day Range
$53.57
$74.02
52-Week Range
$51.91
$77.75
Volume
145,698 shs
Average Volume
123,920 shs
Market Capitalization
$824.89 million
P/E Ratio
6.29
Dividend Yield
4.01%
Price Target
$79.00

Preferred Bank MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
44.1% Upside
$79.00 Price Target
Short Interest
Bearish
5.25% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.89mentions of Preferred Bank in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-8.50%
From $10.00 to $9.15 Per Share

Overall MarketRank

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

2.36 out of 5 stars

Finance Sector

505th out of 890 stocks

State Commercial Banks Industry

139th out of 188 stocks


PFBC stock logo

About Preferred Bank (NASDAQ:PFBC) Stock

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.

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PFBC Stock News Headlines

JP Morgan analyst: Oil to hit $380 per barrel
JP Morgan analysts have pegged the future price of oil at $380 per barrel. That would send oil companies skyrocketing. But there is one investment set to outperform all the rest.
Preferred Bank declares $0.55 dividend
JP Morgan analyst: Oil to hit $380 per barrel
JP Morgan analysts have pegged the future price of oil at $380 per barrel. That would send oil companies skyrocketing. But there is one investment set to outperform all the rest.
Preferred Bank Issues Updated Financial Data
Preferred Bank (PFBC) Q4 2022 Earnings Call Transcript
Preferred Bank Reports Record Quarterly Earnings Again
See More Headlines
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PFBC Company Calendar

Ex-Dividend for 1/20 Dividend
1/05/2023
Last Earnings
1/18/2023
Dividend Payable
1/20/2023
Today
4/01/2023
Ex-Dividend for 4/21 Dividend
4/05/2023
Next Earnings (Estimated)
4/18/2023
Dividend Payable
4/21/2023
Fiscal Year End
12/31/2023

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

Price Target and Rating

Average Stock Price Forecast
$79.00
High Stock Price Forecast
$81.00
Low Stock Price Forecast
$76.00
Forecasted Upside/Downside
+44.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$128.85 million
Pretax Margin
58.90%

Debt

Sales & Book Value

Annual Sales
$304.24 million
Cash Flow
$8.90 per share
Book Value
$41.89 per share

Miscellaneous

Free Float
N/A
Market Cap
$824.89 million
Optionable
Optionable
Beta
1.08

Social Links


Key Executives

  • 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













PFBC Stock - Frequently Asked Questions

Should I buy or sell Preferred Bank stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Preferred Bank in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PFBC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PFBC, but not buy additional shares or sell existing shares.
View PFBC analyst ratings
or view top-rated stocks.

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

3 brokerages have issued 1-year price objectives for Preferred Bank's shares. Their PFBC share price forecasts range from $76.00 to $81.00. On average, they anticipate the company's share price to reach $79.00 in the next twelve months. This suggests a possible upside of 44.1% 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 2023?

Preferred Bank's stock was trading at $74.62 at the beginning of the year. Since then, PFBC stock has decreased by 26.5% and is now trading at $54.81.
View the best growth stocks for 2023 here
.

When is Preferred Bank's next earnings date?

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

How were Preferred Bank's earnings last quarter?

Preferred Bank (NASDAQ:PFBC) issued its quarterly earnings data on Wednesday, January, 18th. The bank reported $2.71 EPS for the quarter, beating the consensus estimate of $2.57 by $0.14. The bank earned $76.92 million during the quarter, compared to the consensus estimate of $74.13 million. Preferred Bank had a net margin of 42.35% and a trailing twelve-month return on equity of 21.40%.

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

Preferred Bank declared a quarterly dividend on Monday, March 27th. Investors of record on Friday, April 7th will be given a dividend of $0.55 per share on Friday, April 21st. This represents a $2.20 annualized dividend and a yield of 4.01%. The ex-dividend date of this dividend is Wednesday, April 5th.
Read our dividend analysis for PFBC
.

Is Preferred Bank a good dividend stock?

Preferred Bank (NASDAQ:PFBC) pays an annual dividend of $2.20 per share and currently has a dividend yield of 3.96%. PFBC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFBC will have a dividend payout ratio of 24.04% 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."

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 $54.81.

How much money does Preferred Bank make?

Preferred Bank (NASDAQ:PFBC) has a market capitalization of $824.89 million and generates $304.24 million in revenue each year. The bank earns $128.85 million in net income (profit) each year or $8.72 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 4/1/2023 by MarketBeat.com Staff