NASDAQ:PFBC - Preferred Bank Stock Price, Forecast & News

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

Preferred Bank announced a quarterly dividend on Wednesday, December 11th. Shareholders of record on Tuesday, January 7th will be paid a dividend of $0.30 per share on Tuesday, January 21st. This represents a $1.20 annualized dividend and a yield of 1.95%. The ex-dividend date is Monday, January 6th. View Preferred Bank's Dividend History.

Preferred Bank (NASDAQ:PFBC) released its earnings results on Wednesday, January, 22nd. The bank reported $1.31 EPS for the quarter, topping analysts' consensus estimates of $1.26 by $0.05. The bank earned $42.29 million during the quarter, compared to analysts' expectations of $42.57 million. Preferred Bank had a net margin of 33.47% and a return on equity of 17.76%. View Preferred Bank's Earnings History.

Preferred Bank is scheduled to release their next quarterly earnings announcement on Wednesday, April 15th 2020. View Earnings Estimates for Preferred Bank.

6 equities research analysts have issued 1 year price objectives for Preferred Bank's shares. Their forecasts range from $56.00 to $65.00. On average, they anticipate Preferred Bank's share price to reach $60.25 in the next year. This suggests that the stock has a possible downside of 2.1%. View Analyst Price Targets for Preferred Bank.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Preferred Bank in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Preferred Bank.

Press coverage about PFBC stock has trended positive on Tuesday, InfoTrie reports. The research group scores the sentiment of media coverage by reviewing 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 news sentiment score of 2.6 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Preferred Bank.

Preferred Bank saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,020,000 shares, an increase of 10.3% from the December 31st total of 924,700 shares. Based on an average trading volume of 66,300 shares, the short-interest ratio is presently 15.4 days. Approximately 7.4% of the shares of the stock are short sold. View Preferred Bank's Current Options Chain.

Some companies that are related to Preferred Bank include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Preferred Bank investors own include Energy Transfer LP Unit (ET), AT&T (T), Exxon Mobil (XOM), Alibaba Group (BABA), Verizon Communications (VZ), Gilead Sciences (GILD), Martin Midstream Partners (MMLP), AbbVie (ABBV), CBL & Associates Properties (CBL) and Enbridge (ENB).

Preferred Bank's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.54%), New York State Teachers Retirement System (0.10%), State of Alaska Department of Revenue (0.07%), Arizona State Retirement System (0.06%), Louisiana State Employees Retirement System (0.03%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%).

PFBC stock was sold by a variety of institutional investors in the last quarter, including Arizona State Retirement System, Louisiana State Employees Retirement System and State of Alaska Department of Revenue.

PFBC stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, New York State Teachers Retirement System and Zurcher Kantonalbank Zurich Cantonalbank .

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.

One share of PFBC stock can currently be purchased for approximately $61.53.

Preferred Bank has a market capitalization of $926.03 million and generates $234.19 million in revenue each year. The bank earns $78.37 million in net income (profit) each year or $5.23 on an earnings per share basis. Preferred Bank employs 263 workers across the globe.View Additional Information About Preferred Bank.

The official website for Preferred Bank is http://www.preferredbank.com/.

Preferred Bank's mailing address is 601 S. FIGUEROA STREET 48TH FLOOR, LOS ANGELES CA, 90017. The bank can be reached via phone at 213-891-1188 or via email at [email protected]