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's deposit products include checking, savings, and money market deposit accounts; fixed-rate and fixed maturity retail, and non-retail certificates of deposit; and individual retirement accounts.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Phone213-891-1188
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$204.57 million
Profitability
Miscellaneous
Employees263
Next Earnings Date10/16/2019 (Estimated)
OptionableOptionable
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 announced a quarterly dividend on Wednesday, June 19th. Stockholders of record on Monday, July 8th will be paid a dividend of $0.30 per share on Monday, July 22nd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend is Friday, July 5th. View Preferred Bank's Dividend History.
How were Preferred Bank's earnings last quarter?
Preferred Bank (NASDAQ:PFBC) issued its quarterly earnings data on Wednesday, July, 17th. The bank reported $1.31 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.28 by $0.03. The bank earned $43.83 million during the quarter, compared to analysts' expectations of $43.82 million. Preferred Bank had a net margin of 33.21% and a return on equity of 17.73%. View Preferred Bank's Earnings History.
When is Preferred Bank's next earnings date?
What price target have analysts set for PFBC?
5 brokers have issued 12 month price targets for Preferred Bank's stock. Their predictions range from $51.00 to $56.00. On average, they expect Preferred Bank's share price to reach $54.25 in the next year. This suggests a possible upside of 1.0% from the stock's current price. View Analyst Price Targets for Preferred Bank.
What is the consensus analysts' recommendation for Preferred Bank?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Preferred Bank in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Preferred Bank.
Has Preferred Bank been receiving favorable news coverage?
Media coverage about PFBC stock has trended somewhat positive recently, InfoTrie reports. The research group identifies negative and positive news 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 five, with scores nearest to five being the most favorable. Preferred Bank earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Preferred Bank.
Are investors shorting Preferred Bank?
Preferred Bank saw a decrease in short interest in August. As of August 31st, there was short interest totalling 937,500 shares, a decrease of 5.1% from the July 31st total of 988,400 shares. Based on an average daily volume of 71,500 shares, the short-interest ratio is presently 13.1 days. Currently, 6.8% of the company's shares are sold short. View Preferred Bank's Current Options Chain.
Who are some of Preferred Bank's key competitors?
Some companies that are related to Preferred Bank include Investors Bancorp (ISBC), Bancorpsouth Bank (BXS), CVB Financial (CVBF), Texas Capital Bancshares (TCBI), Cathay General Bancorp (CATY), Columbia Banking System (COLB), First Interstate Bancsystem (FIBK), Ameris Bancorp (ABCB), South State (SSB), Independent Bank (INDB), International Bancshares (IBOC), Hilltop (HTH), Independent Bank Group (IBTX), United Community Banks (UCBI) and First Bancorp (FBP).
What other stocks do shareholders of Preferred Bank own?
Who are Preferred Bank's key executives?
Preferred Bank's management team includes the folowing people:
- Mr. Li Yu, Chairman, CEO & Corp. Sec. (Age 78)
- Mr. Wellington Chen, Pres & COO (Age 59)
- Mr. Edward J. Czajka, Exec. VP & CFO (Age 55)
- Mr. Nick Pi, Exec. VP & Chief Credit Officer (Age 58)
- Ms. Sandy Ho, Exec. VP & Regional Mang.
Who are Preferred Bank's major shareholders?
Preferred Bank's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.07%), Price T Rowe Associates Inc. MD (8.36%), Nuveen Asset Management LLC (6.19%), Vanguard Group Inc. (5.71%), Boston Partners (2.70%) and Renaissance Technologies LLC (2.55%).
Which institutional investors are selling Preferred Bank stock?
PFBC stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Marshall Wace LLP, Context BH Capital Management LP, JCSD Capital LLC, Citadel Advisors LLC, Maltese Capital Management LLC, Boston Partners and Bessemer Group Inc..
Which institutional investors are buying Preferred Bank stock?
PFBC stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, LSV Asset Management, Royal Bank of Canada, Putnam Investments LLC, Morgan Stanley, BlackRock Inc., Wells Fargo & Company MN and Phocas Financial Corp..
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, Robinhood, Fidelity and Charles Schwab.
What is Preferred Bank's stock price today?
One share of PFBC stock can currently be purchased for approximately $53.70.
How big of a company is Preferred Bank?
Preferred Bank has a market capitalization of $808.19 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 263 workers across the globe.View Additional Information About Preferred Bank.
What is Preferred Bank's official website?
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 (NASDAQ PFBC)
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.
