About Preferred Bank (NASDAQ:PFBC)
Preferred Bank is a commercial bank. The Bank provides deposit services, as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high net worth individuals. The Bank offers various services, such as personal banking, business banking and treasury management. The Bank's loan portfolio includes real estate mortgage loans, real estate construction loans, commercial loans and trade finance. Its real estate mortgage portfolio consists of real estate mini-perm loans, as well as purchased residential mortgages. The Bank offers a range of commercial loan products, including lines of credit for working capital, term loans for capital expenditures and commercial and stand-by letters of credit. Through its branch network, the Bank provides a range of financial services to individuals and companies located primarily in Southern California.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:PFBC
CUSIP74036740
Phone213-891-1188
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E Ratio19.62
Forward P/E Ratio14.34
P/E Growth1.43
Sales & Book Value
Annual Sales$163.42 million
Price / Sales5.36
Cash Flow$2.8219 per share
Price / Cash23.53
Book Value$22.60 per share
Price / Book2.94
Profitability
EPS (Most Recent Fiscal Year)$3.42
Net Income$42.90 million
Net Margins28.88%
Return on Equity18.48%
Return on Assets1.58%
Miscellaneous
Employees218
Outstanding Shares13,190,000
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 declared a quarterly dividend on Friday, March 30th. Stockholders of record on Monday, April 9th will be given a dividend of $0.22 per share on Monday, April 23rd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Friday, April 6th. View Preferred Bank's Dividend History.
How were Preferred Bank's earnings last quarter?
Preferred Bank (NASDAQ:PFBC) issued its quarterly earnings data on Thursday, April, 19th. The bank reported $1.09 EPS for the quarter, beating the consensus estimate of $1.06 by $0.03. The bank earned $37.71 million during the quarter, compared to the consensus estimate of $37.29 million. Preferred Bank had a return on equity of 18.48% and a net margin of 28.88%. View Preferred Bank's Earnings History.
When is Preferred Bank's next earnings date?
What price target have analysts set for PFBC?
6 brokers have issued 12 month target prices for Preferred Bank's stock. Their forecasts range from $70.00 to $76.00. On average, they anticipate Preferred Bank's stock price to reach $72.50 in the next year. View Analyst Ratings for Preferred Bank.
Who are some of Preferred Bank's key competitors?
Some companies that are related to Preferred Bank include Heartland Financial USA (HTLF), First Busey (BUSE), First BanCorp (FBP), S&T Bancorp (STBA), Boston Private Financial (BPFH), 1st Source (SRCE), Seacoast Banking Co. of Florida (SBCF), FB Financial (FBK), State Bank Financial (STBZ), Southside Bancshares (SBSI), Lakeland Financial (LKFN), Enterprise Financial Services (EFSC), First Bancorp (FBNC), MainSource Financial Group (MSFG), Triumph Bancorp (TBK), Live Oak Bank (LOB), Washington Trust Bancorp (WASH) and Center Bancorp (CNOB).
Who are Preferred Bank's key executives?
Preferred Bank's management team includes the folowing people:
- Li Yu, Chairman of the Board, Chief Executive Officer (Age 76)
- Wellington Chen, President, Chief Operating Officer (Age 52)
- Edward J. Czajka, Chief Financial Officer, Executive Vice President, Senior Vice President (Age 51)
- Robert J. Kosof, Executive Vice President and Head - Commercial and Industrial Loans and Regional Branch Manager
- Nick Pi, Executive Vice President, Chief Credit Officer (Age 56)
- J. Richard Belliston, Independent Director (Age 72)
- William C.Y. Cheng, Independent Director (Age 69)
- Clark Hsu, Independent Director (Age 46)
- Gary S. Nunnelly, Independent Director (Age 68)
- Chih-Wei Wu, Independent Director (Age 57)
Has Preferred Bank been receiving favorable news coverage?
News headlines about PFBC stock have been trending positive on Monday, according to Accern. The research firm identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Preferred Bank earned a coverage optimism score of 0.25 on Accern's scale. They also gave media stories about the bank an impact score of 44.99 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
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, Scottrade, Fidelity and Charles Schwab.
What is Preferred Bank's stock price today?
One share of PFBC stock can currently be purchased for approximately $66.40.
How big of a company is Preferred Bank?
Preferred Bank has a market capitalization of $873.71 million and generates $163.42 million in revenue each year. The bank earns $42.90 million in net income (profit) each year or $3.42 on an earnings per share basis. Preferred Bank employs 218 workers across the globe.
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 (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.
Preferred Bank (NASDAQ:PFBC) Dividend Information
Preferred Bank pays an annual dividend of $0.88 per share, with a dividend yield of 1.33%. PFBC's most recent quarterly dividend payment was Monday, April 23. Preferred Bank pays out 25.73% of its earnings out as a dividend.
| Next Dividend: | 4/23/2018 |
| Annual Dividend: | $0.88 |
| Dividend Yield: | 1.33% |
| Payout Ratio: | 25.73% (Trailing 12 Months of Earnings)
19.01% (Based on This Year's Estimates)
16.45% (Based on Next Year's Estimates)
|
Preferred Bank (NASDAQ:PFBC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/30/2018 | quarterly | $0.22 | 1.37% | 4/6/2018 | 4/9/2018 | 4/23/2018 |
| 12/26/2017 | Quarterly | $0.22 | 1.46% | 1/5/2018 | 1/8/2018 | 1/22/2018 |
| 9/22/2017 | quarterly | $0.20 | 1.45% | 10/5/2017 | 10/6/2017 | 10/20/2017 |
| 6/26/2017 | quarterly | $0.20 | 1.61% | 7/5/2017 | 7/7/2017 | 7/21/2017 |
| 3/24/2017 | Quarterly | $0.18 | 1.42% | 4/5/2017 | 4/7/2017 | 4/21/2017 |
| 12/23/2016 | Quarterly | $0.18 | 1.39% | 1/4/2017 | 1/6/2017 | 1/20/2017 |
| 9/23/2016 | quarterly | $0.15 | 1.69% | 10/5/2016 | 10/7/2016 | 10/21/2016 |
| 6/24/2016 | quarterly | $0.15 | 2.05% | 7/5/2016 | 7/7/2016 | 7/21/2016 |
| 3/29/2016 | quarterly | $0.15 | 2.02% | 4/5/2016 | 4/7/2016 | 4/21/2016 |
| 12/21/2015 | quarterly | $0.15 | 1.8% | 1/5/2016 | 1/7/2016 | 1/21/2016 |
| 9/23/2015 | | $0.12 | | 10/2/2015 | 10/6/2015 | 10/20/2015 |
| 6/24/2015 | quarterly | $0.12 | 1.63% | 7/2/2015 | 7/7/2015 | 7/21/2015 |
| 3/20/2015 | quarterly | $0.12 | 1.71% | 4/2/2015 | 4/7/2015 | 4/21/2015 |
| 12/19/2014 | quarterly | $0.10 | 1.52% | 1/2/2015 | 1/6/2015 | 1/20/2015 |
| 9/26/2014 | quarterly | $0.10 | | 10/2/2014 | 10/6/2014 | 10/20/2014 |
(Data available from 1/1/2013 forward)
Preferred Bank (NASDAQ PFBC) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 83.89%
Preferred Bank (NASDAQ PFBC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
(Data available from 1/1/2013 forward)
Preferred Bank (NASDAQ PFBC) News Headlines
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Preferred Bank (NASDAQ:PFBC) SEC Filings
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Preferred Bank (NASDAQ:PFBC) Income Statement, Balance Sheet and Cash Flow Statement
Preferred Bank (NASDAQ PFBC) Stock Chart for Monday, April, 23, 2018
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