Preferred Bank (PFBC) Stock Price, News & Analysis

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Preferred Bank in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PFBC shares.
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2 Wall Street research analysts have issued 12-month price targets for Preferred Bank's stock. Their PFBC share price targets range from $64.00 to $72.00. On average, they predict the company's share price to reach $68.67 in the next year. This suggests that the stock has a possible downside of 4.9%.
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Preferred Bank's stock was trading at $73.05 at the beginning of the year. Since then, PFBC shares have decreased by 1.1% and is now trading at $72.24.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our PFBC earnings forecast.

Preferred Bank will be holding an earnings conference call on Tuesday, April 23rd at 2:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "9065569".

Preferred Bank (NASDAQ:PFBC) issued its earnings results on Thursday, January, 25th. The bank reported $2.60 EPS for the quarter, beating the consensus estimate of $2.54 by $0.06. The bank had revenue of $127.07 million for the quarter, compared to analyst estimates of $72.84 million. Preferred Bank had a trailing twelve-month return on equity of 22.30% and a net margin of 30.93%. During the same period last year, the company posted $2.71 EPS.

Preferred Bank announced a quarterly dividend on Wednesday, March 20th. Stockholders of record on Friday, April 5th will be paid a dividend of $0.70 per share on Friday, April 19th. This represents a $2.80 annualized dividend and a dividend yield of 3.88%. The ex-dividend date is Thursday, April 4th.
Read our dividend analysis for PFBC.

Preferred Bank (NASDAQ:PFBC) pays an annual dividend of $2.80 per share and currently has a dividend yield of 3.87%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 26.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PFBC will have a dividend payout ratio of 31.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PFBC.

ETFs with the largest weight of Preferred Bank (NASDAQ:PFBC) stock in their portfolio include Nuveen Small Cap Select ETF (NSCS), ETC 6 Meridian Small Cap Equity ETF (SIXS) and Roundhill Acquirers Deep Value ETF (DEEP).First Trust Active Factor Small Cap ETF (AFSM).

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.

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).

Preferred Bank's stock is owned by many different institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.04%).

Shares of PFBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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