NASDAQ:PFBC - Preferred Bank Stock Price, News, Headlines & Rumors

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

Preferred Bank announced a quarterly dividend on Thursday, June 28th. Shareholders of record on Friday, July 6th will be paid a dividend of $0.25 per share on Friday, July 20th. This represents a $1.00 annualized dividend and a yield of 1.61%. The ex-dividend date of this dividend is Thursday, July 5th. This is a positive change from Preferred Bank's previous quarterly dividend of $0.22. View Preferred Bank's Dividend History.

Preferred Bank (NASDAQ:PFBC) announced its quarterly earnings results on Wednesday, July, 18th. The bank reported $1.14 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.09 by $0.05. The bank had revenue of $39.16 million for the quarter, compared to analysts' expectations of $38.66 million. Preferred Bank had a net margin of 30.57% and a return on equity of 17.86%. View Preferred Bank's Earnings History.

Preferred Bank is scheduled to release their next quarterly earnings announcement on Tuesday, October, 23rd 2018. View Earnings Estimates for Preferred Bank.

6 brokerages have issued 12 month price targets for Preferred Bank's stock. Their predictions range from $70.00 to $80.00. On average, they expect Preferred Bank's share price to reach $73.50 in the next year. This suggests a possible upside of 18.2% from the stock's current price. 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 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Preferred Bank.

Preferred Bank saw a increase in short interest in the month of July. As of July 13th, there was short interest totalling 1,425,598 shares, an increase of 113.7% from the June 29th total of 666,963 shares. Based on an average trading volume of 657,802 shares, the short-interest ratio is currently 2.2 days. Approximately 12.2% of the shares of the company are sold short. View Preferred Bank's Current Options Chain.

Some companies that are related to Preferred Bank include Bancorpsouth Bank (BXS), Columbia Banking System (COLB), South State (SSB), International Bancshares (IBOC), Union Bankshares (UBSH), CVB Financial (CVBF), Great Western Bancorp (GWB), First Interstate Bancsystem (FIBK), United Community Banks (UCBI), Independent Bank (INDB), Pacific Premier Bancorp (PPBI), Ameris Bancorp (ABCB), TowneBank (TOWN), Renasant (RNST) and ServisFirst Bancshares (SFBS).

News headlines about PFBC stock have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Preferred Bank earned a news and rumor sentiment score of 0.02 on Accern's scale. They also gave headlines about the bank an impact score of 46.20 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Preferred Bank.

Preferred Bank's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.34%), FMR LLC (6.79%), Dimensional Fund Advisors LP (4.27%), Renaissance Technologies LLC (2.76%), Phocas Financial Corp. (1.82%) and Boston Partners (1.77%).

PFBC stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Massachusetts Financial Services Co. MA, Maltese Capital Management LLC, Maltese Capital Management LLC, Bank of Montreal Can, Chicago Equity Partners LLC, Advisors Asset Management Inc. and Columbus Circle Investors.

PFBC stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Millennium Management LLC, Renaissance Technologies LLC, Rothschild Asset Management Inc., Portolan Capital Management LLC, Citadel Advisors LLC 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 $62.19.

Preferred Bank has a market capitalization of $815.68 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.

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]