Preferred Bank Balance Sheet Health
Financial Health criteria checks 6/6
Preferred Bank has total assets of $6.9B and total equity of $750.1M. Total deposits are $5.9B, and total loans are $5.5B. It earns a Net Interest Margin of 4.5%. It has sufficient allowance for bad loans, which are currently at 0.3% of total loans. Cash and short-term investments are $805.0M.
Key information
9.2x
Asset to equity ratio
4.5%
Net interest margin
| Total deposits | US$5.87b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.3% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$804.99m |
Recent financial health updates
No updates
Recent updates
Preferred Bank: Interesting Dividend But Under Certain Conditions
Jun 03US$87.75 - That's What Analysts Think Preferred Bank (NASDAQ:PFBC) Is Worth After These Results
Apr 27
Preferred Bank Still Remains A Solid Prospect
Mar 12If EPS Growth Is Important To You, Preferred Bank (NASDAQ:PFBC) Presents An Opportunity
Nov 16Do Preferred Bank's (NASDAQ:PFBC) Earnings Warrant Your Attention?
Jul 22Preferred Bank (NASDAQ:PFBC) Has Announced That It Will Be Increasing Its Dividend To $0.55
Mar 31Do Preferred Bank's (NASDAQ:PFBC) Earnings Warrant Your Attention?
Mar 10Preferred Bank (NASDAQ:PFBC) Will Pay A Larger Dividend Than Last Year At $0.55
Dec 19Preferred Bank declares $0.43 dividend
Sep 22Preferred Bank: Expect A Substantial Net Interest Margin Increase In Q3
Sep 02Here's Why We Think Preferred Bank (NASDAQ:PFBC) Might Deserve Your Attention Today
Jul 21Preferred Bank GAAP EPS of $1.87 beats by $0.08, revenue of $59.02M beats by $1.91M
Jul 20Preferred Bank: Strong Loan Book, Conservative Underwriting Policy
Jun 01Is Now The Time To Put Preferred Bank (NASDAQ:PFBC) On Your Watchlist?
Apr 04Preferred Bank Offers An Attractive Mix Of Loan Growth, Efficiency, And Rate Leverage
Feb 02Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: PFBC's Assets to Equity ratio (9.2x) is low.
Allowance for Bad Loans: PFBC has a sufficient allowance for bad loans (392%).
Low Risk Liabilities: 96% of PFBC's liabilities are made up of primarily low risk sources of funding.
Loan Level: PFBC has an appropriate level of Loans to Assets ratio (80%).
Low Risk Deposits: PFBC's Loans to Deposits ratio (93%) is appropriate.
Level of Bad Loans: PFBC has an appropriate level of bad loans (0.3%).