NasdaqGS:PFBCBanks
Preferred Bank (PFBC) Margin Drops to 47.6%, Underscoring Valuation Debate
Preferred Bank (PFBC) posted a net profit margin of 47.6%, down from 52.3% last year, amid a slowdown in forecasted revenue growth to 4.8% per year compared to the US market average of 10.1%. Over the past five years, the bank’s earnings have grown at an average annual rate of 12.5%, but earnings turned negative in the most recent year, with projections pointing to further annual declines of 2.1% over the next three years. While shares are trading below the estimated fair value of $220.19 and...
