Positive News Sentiment NASDAQ:PFBC Preferred Bank - PFBC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Preferred Bank Please log in to your account or sign up in order to add this asset to your watchlist. $73.79 +0.61 (+0.83%) (As of 02/7/2023 12:00 AM ET) Add Compare Share Share Today's Range$72.73▼$73.9750-Day Range$68.93▼$75.5952-Week Range$64.10▼$81.52Volume112,858 shsAverage Volume79,998 shsMarket Capitalization$1.11 billionP/E Ratio8.46Dividend Yield2.97%Price Target$83.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Preferred Bank MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside13.4% Upside$83.67 Price TargetShort InterestBearish4.49% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-8.10%From $10.00 to $9.19 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.04 out of 5 starsFinance Sector571st out of 861 stocksState Commercial Banks Industry126th out of 182 stocks 2.2 Analyst's Opinion Consensus RatingPreferred Bank has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $83.67, Preferred Bank has a forecasted upside of 13.4% from its current price of $73.79.Amount of Analyst CoveragePreferred Bank has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.49% of the float of Preferred Bank has been sold short.Short Interest Ratio / Days to CoverPreferred Bank has a short interest ratio ("days to cover") of 8.1.Change versus previous monthShort interest in Preferred Bank has recently increased by 7.23%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldPreferred Bank pays a meaningful dividend of 2.97%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPreferred Bank has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Preferred Bank is 25.23%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Preferred Bank will have a dividend payout ratio of 23.94% next year. This indicates that Preferred Bank will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PFBC. Previous Next 3.2 News and Social Media Coverage News SentimentPreferred Bank has a news sentiment score of 1.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Preferred Bank this week, compared to 1 article on an average week.Search Interest3 people have searched for PFBC on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Preferred Bank insiders have not sold or bought any company stock.Percentage Held by Institutions71.08% of the stock of Preferred Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Preferred Bank are expected to decrease by -8.10% in the coming year, from $10.00 to $9.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Preferred Bank is 8.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Preferred Bank is 8.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 190.02.Price to Book Value per Share RatioPreferred Bank has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Preferred Bank (NASDAQ:PFBC) StockPreferred Bank operates as an independent commercial bank. It offers real estate financing for residential, commercial, industrial, and other income producing properties. Its business and consumer products include checking, savings, money market, and certificate of deposit accounts. The firm also offers treasury management services such as account reconciliation, remote deposit, cash and check courier services, merchant processing, and ACH credit origination. The company was founded by Li Yu on December 23, 1991 and is headquartered in Los Angeles, CA.Read More Receive PFBC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Preferred Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address PFBC Stock News HeadlinesJanuary 25, 2023 | finance.yahoo.comPreferred Bank (PFBC) is an Incredible Growth Stock: 3 Reasons WhyJanuary 24, 2023 | seekingalpha.comPeak Margins Complicates The Valuation Case For Preferred BankFebruary 8, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…January 19, 2023 | seekingalpha.comPreferred Bank (PFBC) Q4 2022 Earnings Call TranscriptJanuary 18, 2023 | nasdaq.comPreferred Bank (PFBC) Beats Q4 Earnings and Revenue EstimatesJanuary 18, 2023 | msn.comPreferred Bank GAAP EPS of $2.71 beats by $0.14, revenue of $76.92M beats by $3.33MJanuary 18, 2023 | finance.yahoo.comPreferred Bank Reports Record Quarterly Earnings AgainJanuary 16, 2023 | finance.yahoo.comWith 76% institutional ownership, Preferred Bank (NASDAQ:PFBC) is a favorite amongst the big gunsFebruary 8, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…January 10, 2023 | finance.yahoo.comPreferred Bank Announces 2022 Fourth Quarter Earnings Release and Conference CallJanuary 5, 2023 | finance.yahoo.comPreferred Bank (PFBC) Stock Historical Prices & Data - Yahoo FinanceJanuary 2, 2023 | msn.comWednesday Is Your Last Chance To Buy Preferred Bank Before The Dividend PayoutDecember 19, 2022 | finance.yahoo.comPreferred Bank (NASDAQ:PFBC) Is Increasing Its Dividend To $0.55December 14, 2022 | msn.comLive Updates: Federal Reserve raises interest rate by 0.50 percentage points to curb inflation but sees steeper hikes aheadNovember 22, 2022 | nasdaq.comPreferred Bank (PBFC): Strong Industry, Solid Earnings Estimate RevisionsNovember 15, 2022 | seekingalpha.comPreferred Bank Executing On Rate Leverage, But The Street Isn't All That InterestedOctober 26, 2022 | finance.yahoo.comEarnings Estimates Moving Higher for Preferred Bank (PFBC): Time to Buy?October 21, 2022 | finance.yahoo.comWall Street Analysts Predict a 26% Upside in Preferred Bank (PFBC): Here's What You Should KnowOctober 20, 2022 | seekingalpha.comPreferred Bank (PFBC) Q3 2022 Earnings Call TranscriptOctober 19, 2022 | finance.yahoo.comPreferred Bank Reports Record Quarterly EarningsOctober 18, 2022 | msn.comPreview: Preferred Bank's EarningsOctober 11, 2022 | finance.yahoo.comPreferred Bank Announces 2022 Third Quarter Earnings Release and Conference CallSeptember 26, 2022 | finance.yahoo.comPreferred Bank (PFBC) Upgraded to Buy: Here's What You Should KnowSeptember 19, 2022 | reuters.comPFBC.O - Preferred Bank | Stock Price & Latest News | ReutersSeptember 8, 2022 | nasdaq.comInsiders at Preferred Bank (NASDAQ:PFBC) sold US$7.7m worth of stock, possibly indicating weakness in the futureSeptember 2, 2022 | seekingalpha.comPreferred Bank: Expect A Substantial Net Interest Margin Increase In Q3August 25, 2022 | nasdaq.comBullish Two Hundred Day Moving Average Cross - PFBCSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PFBC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Preferred Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address PFBC Company Calendar Ex-Dividend for 1/20 Dividend1/05/2023Last Earnings1/18/2023Dividend Payable1/20/2023Today2/07/2023Next Earnings (Estimated)4/18/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:PFBC CUSIP74036740 CIK1492165 Webwww.preferredbank.com Phone(213) 891-1188Fax213-622-5161Employees279Year Founded1991Price Target and Rating Average Stock Price Forecast$83.67 High Stock Price Forecast$95.00 Low Stock Price Forecast$76.00 Forecasted Upside/Downside+13.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$8.72 Trailing P/E Ratio8.46 Forward P/E Ratio7.38 P/E GrowthN/ANet Income$128.85 million Net Margins42.35% Pretax Margin58.90% Return on Equity21.42% Return on Assets2.05% Debt Debt-to-Equity Ratio0.24 Current Ratio1.04 Quick Ratio1.04 Sales & Book Value Annual Sales$304.24 million Price / Sales3.65 Cash Flow$6.57 per share Price / Cash Flow11.23 Book Value$41.73 per share Price / Book1.77Miscellaneous Outstanding Shares15,050,000Free FloatN/AMarket Cap$1.11 billion OptionableOptionable Beta1.08 Social Links Key ExecutivesLi YuChairman & Chief Executive OfficerWellington ChenPresident & Chief Operating OfficerEdward J. CzajkaChief Financial Officer & Executive Vice PresidentNick PiChief Credit Officer & Executive Vice PresidentRobert J. KosofExecutive Vice PresidentKey CompetitorsGerman American BancorpNASDAQ:GABCSouthside BancsharesNASDAQ:SBSI1st SourceNASDAQ:SRCERepublic BancorpNASDAQ:RBCAALakeland BancorpNASDAQ:LBAIView All CompetitorsInsiders & InstitutionsTexas Permanent School FundSold 927 shares on 2/7/2023Ownership: 0.059%TD Asset Management IncBought 5,400 shares on 2/7/2023Ownership: 0.036%Jackson Creek Investment Advisors LLCBought 11,842 shares on 2/6/2023Ownership: 0.079%Mach 1 Financial Group LLCBought 7,277 shares on 2/2/2023Ownership: 0.048%Miller Howard Investments Inc. NYBought 2,885 shares on 2/2/2023Ownership: 0.019%View All Institutional Transactions PFBC Stock - Frequently Asked Questions Should I buy or sell Preferred Bank stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Preferred Bank in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PFBC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PFBC, but not buy additional shares or sell existing shares. View PFBC analyst ratings or view top-rated stocks. What is Preferred Bank's stock price forecast for 2023? 3 Wall Street analysts have issued 1 year price targets for Preferred Bank's stock. Their PFBC share price forecasts range from $76.00 to $95.00. On average, they anticipate the company's share price to reach $83.67 in the next twelve months. This suggests a possible upside of 13.4% from the stock's current price. View analysts price targets for PFBC or view top-rated stocks among Wall Street analysts. How have PFBC shares performed in 2023? Preferred Bank's stock was trading at $74.62 on January 1st, 2023. Since then, PFBC shares have decreased by 1.1% and is now trading at $73.79. View the best growth stocks for 2023 here. When is Preferred Bank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 18th 2023. View our PFBC earnings forecast. How were Preferred Bank's earnings last quarter? Preferred Bank (NASDAQ:PFBC) posted its earnings results on Wednesday, January, 18th. The bank reported $2.71 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.14. The bank had revenue of $76.92 million for the quarter, compared to analysts' expectations of $74.13 million. Preferred Bank had a net margin of 42.35% and a trailing twelve-month return on equity of 21.42%. How often does Preferred Bank pay dividends? What is the dividend yield for Preferred Bank? Preferred Bank announced a quarterly dividend on Thursday, December 15th. Investors of record on Friday, January 6th will be paid a dividend of $0.55 per share on Friday, January 20th. This represents a $2.20 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date is Thursday, January 5th. This is a positive change from the stock's previous quarterly dividend of $0.43. Read our dividend analysis for PFBC. Is Preferred Bank a good dividend stock? Preferred Bank (NASDAQ:PFBC) pays an annual dividend of $2.20 per share and currently has a dividend yield of 2.97%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFBC will have a dividend payout ratio of 23.94% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PFBC. What is Li Yu's approval rating as Preferred Bank's CEO? 8 employees have rated Preferred Bank Chief Executive Officer Li Yu on Glassdoor.com. Li Yu has an approval rating of 56% among the company's employees. This puts Li Yu in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Preferred Bank own? Based on aggregate information from My MarketBeat watchlists, some companies that other Preferred Bank investors own include Energy Transfer (ET), Exxon Mobil (XOM), Alibaba Group (BABA), Verizon Communications (VZ), AbbVie (ABBV), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Medtronic (MDT), AT&T (T) and CBL & Associates Properties (CBL). What is Preferred Bank's stock symbol? Preferred Bank trades on the NASDAQ under the ticker symbol "PFBC." Who are Preferred Bank's major shareholders? Preferred Bank's stock is owned by a variety of institutional and retail investors. Top institutional investors include Phocas Financial Corp. (0.98%), Alpha DNA Investment Management LLC (0.09%), Jackson Creek Investment Advisors LLC (0.08%), SummerHaven Investment Management LLC (0.08%), Toth Financial Advisory Corp (0.07%) and State of Alaska Department of Revenue (0.06%). How do I buy shares of Preferred Bank? Shares of PFBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Preferred Bank's stock price today? One share of PFBC stock can currently be purchased for approximately $73.79. How much money does Preferred Bank make? Preferred Bank (NASDAQ:PFBC) has a market capitalization of $1.11 billion and generates $304.24 million in revenue each year. The bank earns $128.85 million in net income (profit) each year or $8.72 on an earnings per share basis. How many employees does Preferred Bank have? The company employs 279 workers across the globe. How can I contact Preferred Bank? Preferred Bank's mailing address is 601 S. FIGUEROA STREET 48TH FLOOR, LOS ANGELES CA, 90017. The official website for the company is www.preferredbank.com. The bank can be reached via phone at (213) 891-1188, via email at cfo@preferredbank.com, or via fax at 213-622-5161. This page (NASDAQ:PFBC) was last updated on 2/8/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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