Preferred Bank

NasdaqGS:PFBC Stock Report

Market Cap: US$1.1b

Preferred Bank Management

Management criteria checks 3/4

Preferred Bank's CEO is Li Yu, appointed in Jan 1993, has a tenure of 31.92 years. total yearly compensation is $4.72M, comprised of 21.2% salary and 78.8% bonuses, including company stock and options. directly owns 4.99% of the company’s shares, worth $56.93M. The average tenure of the management team and the board of directors is 15.1 years and 20.9 years respectively.

Key information

Li Yu

Chief executive officer

US$4.7m

Total compensation

CEO salary percentage21.2%
CEO tenure31.9yrs
CEO ownership5.0%
Management average tenure15.1yrs
Board average tenure20.9yrs

Recent management 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

CEO Compensation Analysis

How has Li Yu's remuneration changed compared to Preferred Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$136m

Jun 30 2024n/an/a

US$141m

Mar 31 2024n/an/a

US$145m

Dec 31 2023US$5mUS$1m

US$150m

Sep 30 2023n/an/a

US$154m

Jun 30 2023n/an/a

US$151m

Mar 31 2023n/an/a

US$141m

Dec 31 2022US$5mUS$958k

US$129m

Sep 30 2022n/an/a

US$116m

Jun 30 2022n/an/a

US$107m

Mar 31 2022n/an/a

US$100m

Dec 31 2021US$5mUS$950k

US$95m

Sep 30 2021n/an/a

US$90m

Jun 30 2021n/an/a

US$81m

Mar 31 2021n/an/a

US$74m

Dec 31 2020US$4mUS$950k

US$69m

Sep 30 2020n/an/a

US$68m

Jun 30 2020n/an/a

US$71m

Mar 31 2020n/an/a

US$75m

Dec 31 2019US$5mUS$950k

US$78m

Sep 30 2019n/an/a

US$77m

Jun 30 2019n/an/a

US$75m

Mar 31 2019n/an/a

US$72m

Dec 31 2018US$5mUS$946k

US$70m

Sep 30 2018n/an/a

US$59m

Jun 30 2018n/an/a

US$55m

Mar 31 2018n/an/a

US$49m

Dec 31 2017US$5mUS$916k

US$43m

Compensation vs Market: Li's total compensation ($USD4.72M) is above average for companies of similar size in the US market ($USD3.30M).

Compensation vs Earnings: Li's compensation has been consistent with company performance over the past year.

CEO

Li Yu (83 yo)

31.9yrs

Tenure

US$4,719,372

Compensation

Mr. Li Yu founded Preferred Bank and has been its Chairman since December 1991 and has been its Chief Executive Officer since 1993 and served as its President from 1993 to August 22, 2012. He serves as Cor...

Leadership Team

NamePositionTenureCompensationOwnership
Li Yu
Chairman31.9yrsUS$4.72m4.99%
$ 56.9m
Wellington Chen
President & COO13.3yrsUS$1.81m0.15%
$ 1.7m
Edward Czajka
Executive VP & CFO18.6yrsUS$1.16m0.23%
$ 2.6m
Nick Pi
Executive VP & Chief Credit Officer9.5yrsUS$1.06m0%
$ 0
Johnny Hsu
Executive VP & Deputy COO6.9yrsUS$941.34k0.038%
$ 429.9k
Robert Kosof
Executive Vice President of Commercial Lending16.8yrsUS$476.86kno data
Sandy Ho
Executive VP & Regional Managerno dataUS$169.42kno data
Stella Chen
Senior Vice Presidentno dataUS$172.26kno data
Erika Chi
Executive Vice Presidentno datano datano data
Ted Hsu
Executive Vice Presidentno datano datano data
Alice Huang
Executive Vice Presidentno datano datano data
Pamela Lau
Executive Vice Presidentno datano datano data

15.1yrs

Average Tenure

63yo

Average Age

Experienced Management: PFBC's management team is seasoned and experienced (15.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Li Yu
Chairman33yrsUS$4.72m4.99%
$ 56.9m
J. Belliston
Independent Director21.9yrsUS$176.02k0.15%
$ 1.7m
Wayne Wu
Independent Director11.5yrsUS$153.02k0.11%
$ 1.2m
Gary Nunnelly
Independent Director33.9yrsUS$171.02k0.23%
$ 2.6m
Chih-Wei Wu
Independent Director12.1yrsUS$139.52k0.23%
$ 2.6m
William C. Cheng
Independent Director29.9yrsUS$165.52k0.61%
$ 6.9m
Clark Hsu
Independent Vice Chairman of the Board19.9yrsUS$168.02k0.85%
$ 9.7m
Kathleen Shane
Independent Director5.8yrsUS$162.52k0.064%
$ 730.6k

20.9yrs

Average Tenure

69.5yo

Average Age

Experienced Board: PFBC's board of directors are seasoned and experienced ( 20.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 15:07
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.