Preferred Bank

Preferred 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.

Earnings data Q1 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Preferred Bank (PFBC) have what it takes?

Why Preferred Bank (PFBC) is a Great Dividend Stock Right Now

Preferred Bank is a California-based bank focusing on the local Chinese population. Its loan quality has been strong, and although there's an uptick in loans past due, Preferred Bank should be able to deal with it.

Preferred Bank: Expect A Substantial Net Interest Margin Increase In Q3

Why Preferred Bank (PFBC) is a Top Dividend Stock for Your Portfolio

Preferred Bank (PFBC) is a Top Dividend Stock Right Now: Should You Buy?

LOS ANGELES, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today announced the completion of its $32 million stock repurchase program. The Bank purchased 464,438 shares for total consideration of $31,999,779.

Preferred Bank Completes Stock Repurchase

Preferred Bank (PFBC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Preferred Bank (PFBC) Run Higher on Rising Earnings Estimates?

Preferred Bank (NASDAQ:PFBC ) Q2 2022 Earnings Conference Call July 21, 2022 2:00 PM ET Company Participants Jeffrey Haas - Investor Relations, Financial Profiles, Inc. Li Yu - Chairman and Chief Executive Officer Edward Czajka - Executive Vice President and Chief Financial Officer Nick Pi - Executive Vice President and Chief Credit Officer Conference Call Participants Matthew Clark - Piper Sandler Gary Tenner - D.A. Davidson Andrew Terrell - Stephens Steve Moss - B.

Preferred Bank's (PFBC) CEO Li Yu on Q2 2022 Results - Earnings Call Transcript

Preferred Bank (PFBC) delivered earnings and revenue surprises of 5.06% and 3.85%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Preferred Bank (PFBC) Surpasses Q2 Earnings and Revenue Estimates

This is Why Preferred Bank (PFBC) is a Great Dividend Stock

LOS ANGELES, July 13, 2022 (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, 2022 after the close of market on Wednesday, July 20, 2022. On the following day, Thursday, July 21, 2022, 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 2022 Second Quarter Earnings Release and Conference Call

Preferred Bank (PFBC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Preferred Bank (PFBC) to Report Q2 Results: Wall Street Expects Earnings Growth

The consensus price target hints at a 28.8% upside potential for Preferred Bank (PFBC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Predict a 29% Upside in Preferred Bank (PFBC): Here's What You Should Know

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).

All You Need to Know About Preferred Bank (PFBC) Rating Upgrade to Buy

Preferred Bank has been able to consistently put in a strong performance. The dividend yield is just 2.5%, but the payout ratio is less than 25%.

Preferred Bank: Strong Loan Book, Conservative Underwriting Policy

The average of price targets set by Wall Street analysts indicates a potential upside of 30.3% in Preferred Bank (PFBC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 30% Upside in Preferred Bank (PFBC): Here's What You Should Know

Are You Looking for a High-Growth Dividend Stock? Preferred Bank (PFBC) Could Be a Great Choice

After losing some value lately, a hammer chart pattern has been formed for Preferred Bank (PFBC), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Preferred Bank (PFBC) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

Preferred Bank (NASDAQ:PFBC ) Q1 2022 Results Earnings Conference Call April 20, 2022 2:00 PM ET Company Participants Larry Clark - Investor Relations, Financial Profiles, Inc. Li Yu - Chairman and Chief Executive Officer Edward Czajka - Executive Vice President and Chief Financial Officer Nick Pi - Executive Vice President and Chief Credit Officer Wellington Chen - President and Chief Operating Officer Conference Call Participants Gary Tenner - D.A. Davidson Matthew Clark - Piper Sandler Steve Moss - B.

Preferred Bank (PFBC) CEO Li Yu on Q1 2022 Results - Earnings Call Transcript

Preferred Bank (PFBC) delivered earnings and revenue surprises of 2.96% and 0.63%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Preferred Bank (PFBC) Surpasses Q1 Earnings and Revenue Estimates

LOS ANGELES, April 05, 2022 (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, 2022 after the close of market on Tuesday, April 19, 2022.  On the following day, Wednesday, April 20, 2022, 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 2022 First Quarter Earnings Release and Conference Call

LA-based ethnic Chinese oriented bank. Real estate focused lender with strong credit quality.

Preferred Bank: A Growing, Efficient Operator

Preferred's low-cost operating model and strong underwriting have continued to serve investors well, including better-than-expected core earnings in Q4'21. Loan demand is picking up and Preferred remains highly rate-sensitive, though it will take multiple rate hikes to really leverage that opportunity.

Preferred Bank Offers An Attractive Mix Of Loan Growth, Efficiency, And Rate Leverage

Earnings Estimates Rising for Preferred Bank (PFBC): Will It Gain?

Preferred Bank (PFBC) CEO Li Yu on Q4 2021 Results - Earnings Call Transcript

Preferred Bank (PFBC) delivered earnings and revenue surprises of 4.65% and 0.44%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

News for Preferred Bank Stock (PFBC)