Summary
80.36 0.58(0.72%)09/16/2024
Preferred Bank (Los Angeles, CA) (PFBC)
Preferred Bank (Los Angeles, CA) (PFBC)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.72 | 2.94 | 1.73 | 7.31 | 12.18 | 30.30 | 62.58 | 93.90 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 80.36 | |
| Open | 80.24 | |
| High | 81.35 | |
| Low | 79.76 | |
| Volume | 33,861 | |
| Change | 0.58 | |
| Change % | 0.72 | |
| Avg Volume (20 Days) | 45,743 | |
| Volume/Avg Volume (20 Days) Ratio | 0.74 | |
| 52 Week Range | 58.52 - 91.67 | |
| Price vs 52 Week High | -12.34% | |
| Price vs 52 Week Low | 37.31% | |
| Range | 0.14 | |
| Gap Up/Down | 0.39 | |
Fundamentals | ||
| Market Capitalization (Mln) | 1,068 | |
| EBIDTA | 0 | |
| PE Ratio | 7.4115 | |
| PEG Ratio | 1.8300 | |
| WallStreet Target Price | 87.75 | |
| Book Value | 52.2340 | |
| Earnings Per Share | 10.6200 | |
| EPS Estimate Current Quarter | 2.3800 | |
| EPS Estimate Next Quarter | 2.4100 | |
| EPS Estimate Current Year | 9.6900 | |
| EPS Estimate Next Year | 9.1100 | |
| Diluted EPS (TTM) | 10.6200 | |
| Revenues | ||
| Profit Marging | 0.5374 | |
| Operating Marging (TTM) | 0.7038 | |
| Return on asset (TTM) | 0.0220 | |
| Return on equity (TTM) | 0.2145 | |
| Revenue TTM | 270,604,992 | |
| Revenue per share TTM | 19.5170 | |
| Quarterly Revenue Growth (YOY) | -0.0690 | |
| Quarterly Earnings Growth (YOY) | -0.0650 | |
| Gross Profit (TTM) | 242,025,000 | |
| Dividends | ||
| Dividend Share | 2.5000 | |
| Dividend Yield | 0.0356 | |
| Valuations | ||
| Trailing PE | 7.4115 | |
| Forward PE | 7.5245 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.5045 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 13,392,700 | |
| Shares Float | 12,267,747 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.09 | |
| Insider (%) | 7.65 | |
| Institutions (%) | 83.10 | |
09/03 11:20 EST - zacks.com
Preferred Bank Gets Regulatory Nod to Continue Share Repurchase Plan
PFBC receives regulatory approval to buy back the remaining $77.5 million worth of authorization. The approval is set to expire in February 2025.
Preferred Bank Gets Regulatory Nod to Continue Share Repurchase Plan
PFBC receives regulatory approval to buy back the remaining $77.5 million worth of authorization. The approval is set to expire in February 2025.
08/30 16:01 EST - globenewswire.com
Preferred Bank Announces Approval to Continue Share Repurchase Plan
LOS ANGELES, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, today announced that the Bank has received regulatory approval to continue its shareholder-approved $150 million stock Repurchase Plan, (“the Plan”). Thus far in the Plan, the Bank has repurchased $72.5 million of its common stock over the latter half of 2023 and into 2024, however regulatory approval expired in July of 2024.
Preferred Bank Announces Approval to Continue Share Repurchase Plan
LOS ANGELES, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, today announced that the Bank has received regulatory approval to continue its shareholder-approved $150 million stock Repurchase Plan, (“the Plan”). Thus far in the Plan, the Bank has repurchased $72.5 million of its common stock over the latter half of 2023 and into 2024, however regulatory approval expired in July of 2024.
08/29 13:48 EST - seekingalpha.com
Preferred Bank: Solid Upside Should Continue Despite Some Weaknesses
Preferred Bank shares have outperformed the market slightly, up 10.1% in recent months. Despite some weaknesses in financial results, deposit, and loan growth have powered the bank to greater heights. Shares are attractively priced relative to earnings, with high-quality assets and low debt, making the company a sensible 'buy'.
Preferred Bank: Solid Upside Should Continue Despite Some Weaknesses
Preferred Bank shares have outperformed the market slightly, up 10.1% in recent months. Despite some weaknesses in financial results, deposit, and loan growth have powered the bank to greater heights. Shares are attractively priced relative to earnings, with high-quality assets and low debt, making the company a sensible 'buy'.
07/26 16:15 EST - seekingalpha.com
Preferred Bank (PFBC) Q2 2024 Earnings Call Transcript
Preferred Bank (NASDAQ:PFBC ) Q2 2024 Earnings Conference Call July 26, 2024 2:00 PM ET Company Participants Jeff Haas - Financial Profiles Li Yu - Chairman and CEO Edward Czajka - CFO Wellington Chen - President and COO Nick Pi - Chief Credit Officer Conference Call Participants Matthew Clark - Piper Sandler Andrew Terrell - Stephens Gary Tenner - D.A. Davidson Eric Spector - Raymond James Operator Good afternoon, and welcome to the Preferred Bank Second Quarter 2024 Earnings Conference Call.
Preferred Bank (PFBC) Q2 2024 Earnings Call Transcript
Preferred Bank (NASDAQ:PFBC ) Q2 2024 Earnings Conference Call July 26, 2024 2:00 PM ET Company Participants Jeff Haas - Financial Profiles Li Yu - Chairman and CEO Edward Czajka - CFO Wellington Chen - President and COO Nick Pi - Chief Credit Officer Conference Call Participants Matthew Clark - Piper Sandler Andrew Terrell - Stephens Gary Tenner - D.A. Davidson Eric Spector - Raymond James Operator Good afternoon, and welcome to the Preferred Bank Second Quarter 2024 Earnings Conference Call.
07/25 20:35 EST - zacks.com
Preferred Bank (PFBC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Preferred Bank (PFBC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Preferred Bank (PFBC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Preferred Bank (PFBC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
07/25 19:20 EST - zacks.com
Preferred Bank (PFBC) Q2 Earnings Beat Estimates
Preferred Bank (PFBC) came out with quarterly earnings of $2.48 per share, beating the Zacks Consensus Estimate of $2.39 per share. This compares to earnings of $2.61 per share a year ago.
Preferred Bank (PFBC) Q2 Earnings Beat Estimates
Preferred Bank (PFBC) came out with quarterly earnings of $2.48 per share, beating the Zacks Consensus Estimate of $2.39 per share. This compares to earnings of $2.61 per share a year ago.
07/25 17:01 EST - globenewswire.com
Preferred Bank Reports Quarterly Results
LOS ANGELES, July 25, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended June 30, 2024. Preferred Bank (“the Bank”) reported net income of $33.6 million or $2.48 per diluted share for the second quarter of 2024. This represents a slight increase in net income of $126,000 over the prior quarter but down by $4.3 million from the same quarter last year. The decrease in net income from the prior year was due to lower net interest income because of rising deposit costs. Despite the decrease in net income, Preferred Bank continues to deliver top-of-peer group profitability metrics and long term shareholder returns.
Preferred Bank Reports Quarterly Results
LOS ANGELES, July 25, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended June 30, 2024. Preferred Bank (“the Bank”) reported net income of $33.6 million or $2.48 per diluted share for the second quarter of 2024. This represents a slight increase in net income of $126,000 over the prior quarter but down by $4.3 million from the same quarter last year. The decrease in net income from the prior year was due to lower net interest income because of rising deposit costs. Despite the decrease in net income, Preferred Bank continues to deliver top-of-peer group profitability metrics and long term shareholder returns.
07/10 16:05 EST - globenewswire.com
Preferred Bank Announces 2024 Second Quarter Earnings Release and Conference Call
LOS ANGELES, July 10, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the second quarter ended June 30, 2024 after the close of market on Thursday, July 25, 2024. On the following day, Friday, July 26, 2024, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet.
Preferred Bank Announces 2024 Second Quarter Earnings Release and Conference Call
LOS ANGELES, July 10, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the second quarter ended June 30, 2024 after the close of market on Thursday, July 25, 2024. On the following day, Friday, July 26, 2024, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet.
07/10 11:05 EST - zacks.com
Analysts Estimate Preferred Bank (PFBC) to Report a Decline in Earnings: What to Look Out for
Preferred Bank (PFBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts Estimate Preferred Bank (PFBC) to Report a Decline in Earnings: What to Look Out for
Preferred Bank (PFBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
06/20 17:05 EST - globenewswire.com
Preferred Bank Announces Quarterly Cash Dividend
LOS ANGELES, June 20, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.70 per share, payable on July 19, 2024 to holders of record on July 5, 2024.
Preferred Bank Announces Quarterly Cash Dividend
LOS ANGELES, June 20, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.70 per share, payable on July 19, 2024 to holders of record on July 5, 2024.
06/03 11:00 EST - seekingalpha.com
Preferred Bank: Interesting Dividend But Under Certain Conditions
Preferred Bank is a small bank with strong performance and a fast-growing dividend, making it attractive to investors. The bank's profitability is above average, with a high loan yield and positive asset results. The CEO believes that the U.S. economy is resilient and that the worst is behind us, but the bank needs to improve its balance sheet structure to prepare for potential rate reductions.
Preferred Bank: Interesting Dividend But Under Certain Conditions
Preferred Bank is a small bank with strong performance and a fast-growing dividend, making it attractive to investors. The bank's profitability is above average, with a high loan yield and positive asset results. The CEO believes that the U.S. economy is resilient and that the worst is behind us, but the bank needs to improve its balance sheet structure to prepare for potential rate reductions.
05/24 06:06 EST - zacks.com
Best Income Stocks to Buy for May 24th
OC, FBP and PFBC made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 24, 2023.
Best Income Stocks to Buy for May 24th
OC, FBP and PFBC made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 24, 2023.
05/17 10:40 EST - zacks.com
Is Preferred Bank (PFBC) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is Preferred Bank (PFBC) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
05/16 09:15 EST - zacks.com
Best Value Stocks to Buy for May 16th
NMM, CMRE and PFBC made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 16, 2024.
Best Value Stocks to Buy for May 16th
NMM, CMRE and PFBC made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 16, 2024.
04/29 07:16 EST - zacks.com
Best Value Stocks to Buy for April 29th
PFBC, STLD and MHO made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 29, 2023.
Best Value Stocks to Buy for April 29th
PFBC, STLD and MHO made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 29, 2023.
04/29 07:01 EST - zacks.com
Best Income Stocks to Buy for April 29th
NTB, PFBC and YOU made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 29, 2023.
Best Income Stocks to Buy for April 29th
NTB, PFBC and YOU made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 29, 2023.
04/25 13:00 EST - zacks.com
Preferred Bank (PFBC) Upgraded to Buy: What Does It Mean for the Stock?
Preferred Bank (PFBC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Preferred Bank (PFBC) Upgraded to Buy: What Does It Mean for the Stock?
Preferred Bank (PFBC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
04/23 10:36 EST - zacks.com
Compared to Estimates, Preferred Bank (PFBC) Q1 Earnings: A Look at Key Metrics
Although the revenue and EPS for Preferred Bank (PFBC) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Compared to Estimates, Preferred Bank (PFBC) Q1 Earnings: A Look at Key Metrics
Although the revenue and EPS for Preferred Bank (PFBC) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
04/11 16:39 EST - globenewswire.com
Preferred Bank Announces 2024 First Quarter Earnings Release and Conference Call
LOS ANGELES, April 11, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the first quarter ended March 31, 2024 before the open of market on Tuesday, April 23, 2024. That same day, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet.
Preferred Bank Announces 2024 First Quarter Earnings Release and Conference Call
LOS ANGELES, April 11, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the first quarter ended March 31, 2024 before the open of market on Tuesday, April 23, 2024. That same day, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet.