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

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$50.17 -0.31 (-0.61 %)
(As of 11/15/2018 09:38 AM ET)
Previous Close$50.48
Today's Range$50.17 - $50.17
52-Week Range$49.45 - $69.48
Volume129 shs
Average Volume112,047 shs
Market Capitalization$678.65 million
P/E Ratio14.67
Dividend Yield1.94%
Beta1.01
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, negotiable order of withdrawal, and money market deposit accounts; fixed-rate and fixed maturity retail, and non-retail certificates of deposit; and individual retirement accounts. It also provides real estate mortgage loans that are secured by retail, industrial, office, special purpose, and residential single and multi-family properties; real estate construction loans; commercial loans comprising lines of credit for working capital and term loans for capital expenditures; and commercial and export letters of credit, import lines of credit, documentary collections, international wire transfers, export financing products, bills purchase programs, and acceptances/trust receipt financing products, as well as standby letters of credit and foreign exchange services for importers and exporters. In addition, it offers various high-wealth banking services to wealthy individuals residing in the Pacific Rim area with residences, real estate investments, or businesses in Southern California. Further, it provides various banking services to physicians, accountants, attorneys, business managers, and other professionals; and safe deposit boxes, account reconciliation, courier service, and cash management services to the manufacturing, service, and distribution companies. Additionally, it offers remote deposit capture, and Internet and mobile banking services. As of December 31, 2017, it had 13 full-service branch offices in Alhambra, Arcadia, Century City, City of Industry, Diamond Bar, Los Angeles, Pico Rivera, San Francisco, Tarzana, Torrance, Anaheim, and Irvine, California; and Flushing, New York. The company was founded in 1991 and is headquartered in Los Angeles, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:PFBC
Previous Symbol
CUSIP74036740
Phone213-891-1188

Debt

Debt-to-Equity Ratio0.28
Current Ratio1.07
Quick Ratio1.07

Price-To-Earnings

Trailing P/E Ratio14.67
Forward P/E Ratio10.77
P/E Growth1.11

Sales & Book Value

Annual Sales$163.42 million
Price / Sales4.05
Cash Flow$3.8474 per share
Price / Cash13.04
Book Value$26.92 per share
Price / Book1.86

Profitability

EPS (Most Recent Fiscal Year)$3.42
Net Income$43.39 million
Net Margins31.74%
Return on Equity18.39%
Return on Assets1.77%

Miscellaneous

Employees238
Outstanding Shares13,190,000
Market Cap$678.65 million
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 declared a quarterly dividend on Thursday, September 20th. Shareholders of record on Friday, October 5th will be given a dividend of $0.25 per share on Friday, October 19th. This represents a $1.00 annualized dividend and a yield of 1.98%. The ex-dividend date is Thursday, October 4th. View Preferred Bank's Dividend History.

How were Preferred Bank's earnings last quarter?

Preferred Bank (NASDAQ:PFBC) posted its earnings results on Wednesday, October, 17th. The bank reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.02. The bank had revenue of $40.91 million for the quarter, compared to analysts' expectations of $41.19 million. Preferred Bank had a return on equity of 18.39% and a net margin of 31.74%. View Preferred Bank's Earnings History.

When is Preferred Bank's next earnings date?

Preferred Bank is scheduled to release their next quarterly earnings announcement on Monday, January 28th 2019. View Earnings Estimates for Preferred Bank.

What price target have analysts set for PFBC?

5 brokers have issued twelve-month target prices for Preferred Bank's stock. Their predictions range from $72.00 to $76.00. On average, they anticipate Preferred Bank's share price to reach $73.6667 in the next twelve months. This suggests a possible upside of 45.9% 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 1 hold rating, 2 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 Sentiment reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Preferred Bank earned a daily sentiment score of 1.4 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days.

Who are some of Preferred Bank's key competitors?

Who are Preferred Bank's key executives?

Preferred Bank's management team includes the folowing people:
  • Mr. Li Yu, Chairman, CEO & Corp. Sec. (Age 77)
  • Mr. Wellington Chen, Pres & COO (Age 58)
  • Mr. Edward J. Czajka, Exec. VP & CFO (Age 54)
  • Mr. Nick Pi, Exec. VP & Chief Credit Officer (Age 57)
  • Mr. Robert J. Kosof, Head of Commercial & Industrial Loans, Exec. VP and Regional Mang. (Age 74)

Who are Preferred Bank's major shareholders?

Preferred Bank's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.53%), FMR LLC (4.96%), Dimensional Fund Advisors LP (4.46%), Stieven Capital Advisors L.P. (2.22%), Renaissance Technologies LLC (2.21%) and Allianz Asset Management GmbH (1.84%).

Which institutional investors are selling Preferred Bank stock?

PFBC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, Allianz Asset Management GmbH, Chicago Equity Partners LLC, Stieven Capital Advisors L.P., Systematic Financial Management LP, Citadel Advisors LLC and Russell Investments Group Ltd..

Which institutional investors are buying Preferred Bank stock?

PFBC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of New York Mellon Corp, Matarin Capital Management LLC, Dimensional Fund Advisors LP, Arizona State Retirement System, Martingale Asset Management L P, Great West Life Assurance Co. Can and Comerica Bank.

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 $50.48.

How big of a company is Preferred Bank?

Preferred Bank has a market capitalization of $678.65 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.

What is Preferred Bank's official website?

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

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)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  251 (Vote Outperform)
Underperform Votes:  186 (Vote Underperform)
Total Votes:  437
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.
This page was last updated on 11/15/2018 by MarketBeat.com Staff

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