NASDAQ:PFBC - Preferred Bank Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $63.16 +1.38 (+2.23 %) (As of 08/21/2018 04:00 PM ET)Previous Close$61.78Today's Range$61.88 - $63.5352-Week Range$49.84 - $69.48Volume86,600 shsAverage Volume123,954 shsMarket Capitalization$821.61 millionP/E Ratio18.47Dividend Yield1.61%Beta1.01 Company ProfileAnalyst RatingsChartDividend HistoryEarnings HistoryFinancialsHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. Receive PFBC News and Ratings via Email Sign-up to receive the latest news and ratings for PFBC and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance SymbolNASDAQ:PFBC CUSIP74036740 Webwww.preferredbank.com Phone213-891-1188 Debt Debt-to-Equity Ratio0.28 Current Ratio1.07 Quick Ratio1.07 Price-To-Earnings Trailing P/E Ratio18.47 Forward P/E Ratio13.64 P/E Growth1.35 Sales & Book Value Annual Sales$163.42 million Price / Sales5.10 Cash Flow$4.00 per share Price / Cash15.79 Book Value$26.92 per share Price / Book2.35 Profitability EPS (Most Recent Fiscal Year)$3.42 Net Income$43.39 million Net Margins30.57% Return on Equity17.86% Return on Assets1.66% Miscellaneous Employees238 Outstanding Shares13,190,000Market Cap$821.61 million 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 announced a quarterly dividend on Thursday, June 28th. Investors of record on Friday, July 6th will be given a dividend of $0.25 per share on Friday, July 20th. This represents a $1.00 annualized dividend and a yield of 1.58%. The ex-dividend date 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. How were Preferred Bank's earnings last quarter? Preferred Bank (NASDAQ:PFBC) posted its earnings results on Wednesday, July, 18th. The bank reported $1.14 earnings per share for the quarter, topping analysts' consensus estimates of $1.09 by $0.05. The bank earned $39.16 million during the quarter, compared to analysts' expectations of $38.66 million. Preferred Bank had a return on equity of 17.86% and a net margin of 30.57%. 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 Tuesday, October, 23rd 2018. View Earnings Estimates for Preferred Bank. What price target have analysts set for PFBC? 6 analysts have issued 12-month target prices for Preferred Bank's stock. Their forecasts range from $70.00 to $80.00. On average, they anticipate Preferred Bank's share price to reach $73.50 in the next twelve months. This suggests a possible upside of 16.4% from the stock's current price. View Analyst Price Targets for Preferred Bank. What is the consensus analysts' recommendation 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. Are investors shorting Preferred Bank? Preferred Bank saw a increase in short interest during 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 daily trading volume, of 657,802 shares, the short-interest ratio is currently 2.2 days. Approximately 12.2% of the company's stock are sold short. View Preferred Bank's Current Options Chain. Who are some of Preferred Bank's key competitors? Some companies that are related to Preferred Bank include Bancorpsouth Bank (BXS), Columbia Banking System (COLB), International Bancshares (IBOC), South State (SSB), Union Bankshares (UBSH), CVB Financial (CVBF), First Interstate Bancsystem (FIBK), Great Western Bancorp (GWB), Independent Bank (INDB), United Community Banks (UCBI), Pacific Premier Bancorp (PPBI), Ameris Bancorp (ABCB), TowneBank (TOWN), ServisFirst Bancshares (SFBS) and Renasant (RNST). 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) Has Preferred Bank been receiving favorable news coverage? News stories about PFBC stock have trended somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Preferred Bank earned a coverage optimism score of 0.13 on Accern's scale. They also assigned press coverage about the bank an impact score of 46.79 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Preferred Bank. Who are Preferred Bank's major shareholders? Preferred Bank's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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%). Which institutional investors are selling Preferred Bank stock? 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. Which institutional investors are buying Preferred Bank stock? PFBC stock was bought 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. 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 $63.16. How big of a company is Preferred Bank? Preferred Bank has a market capitalization of $821.61 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. 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 ( )Outperform Votes: 238 (Vote Outperform)Underperform Votes: 175 (Vote Underperform)Total Votes: 413MarketBeat'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 8/21/2018 by MarketBeat.com StaffFeatured Article: What is the NASDAQ?