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Preferred Bank NasdaqGS:PFBC Stock Report

Last Price

US$85.96

Market Cap

US$1.1b

7D

-6.9%

1Y

13.3%

Updated

22 Dec, 2024

Data

Company Financials +

Preferred Bank

NasdaqGS:PFBC Stock Report

Market Cap: US$1.1b

PFBC Stock Overview

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. More details

PFBC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends5/6

Rewards

Trading at 66.6% below our estimate of its fair value

Pays a reliable dividend of 3.26%

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 3.2% per year for the next 3 years

Significant insider selling over the past 3 months


My Notes

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Community Narratives

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Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 4 Analysts

Interest Rate Cuts Will Fail To Improve Net Margins Amid Competitive Pressures

Key Takeaways Competitive pressures and rate conditions may limit improvements in net interest margins, affecting earnings growth. Rising criticized loans signal credit quality issues, possibly elevating loan loss provisions and impacting margins.
View narrative
US$95.38
FV
9.9% undervalued intrinsic discount
4.67%
Revenue growth p.a.
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3 days ago author updated this narrative

Preferred Bank Competitors

Amalgamated Financial

NasdaqGM:AMAL

US$1.0b

First Bancshares

NYSE:FBMS

US$1.1b

FirstSun Capital Bancorp

NasdaqGS:FSUN

US$1.1b

Byline Bancorp

NYSE:BY

US$1.3b

Price History & Performance

Summary of share price highs, lows and changes for Preferred Bank
Historical stock prices
Current Share PriceUS$85.96
52 Week HighUS$99.78
52 Week LowUS$66.88
Beta0.95
1 Month Change-10.15%
3 Month Change5.97%
1 Year Change13.27%
3 Year Change23.40%
5 Year Change43.70%
Change since IPO80.97%

Recent News & Updates

Recent updates

Preferred Bank: Interesting Dividend But Under Certain Conditions

Jun 03

US$87.75 - That's What Analysts Think Preferred Bank (NASDAQ:PFBC) Is Worth After These Results

Apr 27
US$87.75 - That's What Analysts Think Preferred Bank (NASDAQ:PFBC) Is Worth After These Results

Preferred Bank Still Remains A Solid Prospect

Mar 12

If EPS Growth Is Important To You, Preferred Bank (NASDAQ:PFBC) Presents An Opportunity

Nov 16
If EPS Growth Is Important To You, Preferred Bank (NASDAQ:PFBC) Presents An Opportunity

Do Preferred Bank's (NASDAQ:PFBC) Earnings Warrant Your Attention?

Jul 22
Do Preferred Bank's (NASDAQ:PFBC) Earnings Warrant Your Attention?

Preferred Bank (NASDAQ:PFBC) Has Announced That It Will Be Increasing Its Dividend To $0.55

Mar 31
Preferred Bank (NASDAQ:PFBC) Has Announced That It Will Be Increasing Its Dividend To $0.55

Do Preferred Bank's (NASDAQ:PFBC) Earnings Warrant Your Attention?

Mar 10
Do Preferred Bank's (NASDAQ:PFBC) Earnings Warrant Your Attention?

Preferred Bank (NASDAQ:PFBC) Will Pay A Larger Dividend Than Last Year At $0.55

Dec 19
Preferred Bank (NASDAQ:PFBC) Will Pay A Larger Dividend Than Last Year At $0.55

Preferred Bank declares $0.43 dividend

Sep 22

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

Sep 02

Here's Why We Think Preferred Bank (NASDAQ:PFBC) Might Deserve Your Attention Today

Jul 21
Here's Why We Think Preferred Bank (NASDAQ:PFBC) Might Deserve Your Attention Today

Preferred Bank GAAP EPS of $1.87 beats by $0.08, revenue of $59.02M beats by $1.91M

Jul 20

Preferred Bank: Strong Loan Book, Conservative Underwriting Policy

Jun 01

Is Now The Time To Put Preferred Bank (NASDAQ:PFBC) On Your Watchlist?

Apr 04
Is Now The Time To Put Preferred Bank (NASDAQ:PFBC) On Your Watchlist?

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

Feb 02

Shareholder Returns

PFBCUS BanksUS Market
7D-6.9%-3.4%-2.4%
1Y13.3%29.1%23.3%

Return vs Industry: PFBC underperformed the US Banks industry which returned 29.1% over the past year.

Return vs Market: PFBC underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is PFBC's price volatile compared to industry and market?
PFBC volatility
PFBC Average Weekly Movement5.0%
Banks Industry Average Movement5.2%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: PFBC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: PFBC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991300Li Yuwww.preferredbank.com

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. The company accepts checking, savings, 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, term loans for capital expenditures, and commercial and stand-by letters of credit; and small business administration loans.

Preferred Bank Fundamentals Summary

How do Preferred Bank's earnings and revenue compare to its market cap?
PFBC fundamental statistics
Market capUS$1.14b
Earnings (TTM)US$136.28m
Revenue (TTM)US$260.39m

8.4x

P/E Ratio

1.5x

P/B Ratio

Is PFBC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PFBC income statement (TTM)
RevenueUS$260.39m
Cost of RevenueUS$0
Gross ProfitUS$260.39m
Other ExpensesUS$124.11m
EarningsUS$136.28m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)10.27
Gross Margin100.00%
Net Profit Margin52.34%
Debt/Equity Ratio19.8%

How did PFBC perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

28%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:49
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Preferred Bank is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen MossB. Riley Securities, Inc.
null nullD.A. Davidson & Co.
Gary TennerD.A. Davidson & Co.