Preferred Bank Past Earnings Performance

Past criteria checks 4/6

Preferred Bank has been growing earnings at an average annual rate of 18.5%, while the Banks industry saw earnings growing at 10.1% annually. Revenues have been growing at an average rate of 15.3% per year. Preferred Bank's return on equity is 20.8%, and it has net margins of 51.7%.

Key information

18.5%

Earnings growth rate

20.0%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	15.3%
Return on equity	20.8%
Net Margin	51.7%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

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

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

Jul 22

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

Mar 31

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

Jul 21

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

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

Feb 02

Here's Why I Think Preferred Bank (NASDAQ:PFBC) Is An Interesting Stock

Sep 24

With A Total Return Of 71%, It's Time To Say Goodbye To Preferred Bank

May 28

Trade Alert: The Independent Director Of Preferred Bank (NASDAQ:PFBC), Wayne Wu, Has Sold Some Shares Recently

Mar 09

Revenue & Expenses Breakdown
Beta

How Preferred Bank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:PFBC Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	282	145	66
31 Dec 23	286	150	65
30 Sep 23	286	154	66
30 Jun 23	279	151	65
31 Mar 23	262	141	64
31 Dec 22	242	129	62
30 Sep 22	224	116	59
30 Jun 22	209	107	58
31 Mar 22	198	100	56
31 Dec 21	191	95	55
30 Sep 21	180	90	54
30 Jun 21	165	81	52
31 Mar 21	156	74	52
31 Dec 20	149	69	52
30 Sep 20	147	68	52
30 Jun 20	153	71	52
31 Mar 20	159	75	52
31 Dec 19	163	78	51
30 Sep 19	161	77	50
30 Jun 19	158	75	50
31 Mar 19	154	72	49
31 Dec 18	148	70	48
30 Sep 18	144	59	46
30 Jun 18	140	55	45
31 Mar 18	133	49	43
31 Dec 17	126	43	42
30 Sep 17	121	45	41
30 Jun 17	112	41	40
31 Mar 17	106	38	39
31 Dec 16	101	36	38
30 Sep 16	97	33	36
30 Jun 16	92	31	35
31 Mar 16	89	30	33
31 Dec 15	84	29	31
30 Sep 15	81	29	30
30 Jun 15	77	27	29
31 Mar 15	73	26	28
31 Dec 14	70	24	27
30 Sep 14	66	23	26
30 Jun 14	63	22	25
31 Mar 14	61	20	25
31 Dec 13	60	19	25
30 Sep 13	59	18	24
30 Jun 13	56	16	23

Quality Earnings: PFBC has high quality earnings.

Growing Profit Margin: PFBC's current net profit margins (51.7%) are lower than last year (53.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PFBC's earnings have grown by 18.5% per year over the past 5 years.

Accelerating Growth: PFBC's earnings growth over the past year (3.2%) is below its 5-year average (18.5% per year).

Earnings vs Industry: PFBC earnings growth over the past year (3.2%) exceeded the Banks industry -10.2%.

Return on Equity

High ROE: PFBC's Return on Equity (20.8%) is considered high.

Return on Assets

Return on Capital Employed

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Preferred Bank Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Preferred Bank to Report Q1, 2024 Results on Apr 23, 2024

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Preferred Bank to Report Q4, 2023 Results on Jan 24, 2024

Preferred Bank to Report Q3, 2023 Results on Oct 17, 2023

Preferred Bank to Report Q2, 2023 Results on Jul 19, 2023

Recent updates

Price target increased by 7.0% to US$87.75

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Preferred Bank to Report Q1, 2024 Results on Apr 23, 2024

Chairman recently bought US$486k worth of stock

Fourth quarter dividend of US$0.70 announced

Preferred Bank Declares Quarterly Cash Dividend, Payable on April 5, 2024

Preferred Bank Still Remains A Solid Prospect

Executive VP & Deputy COO recently sold US$133k worth of stock

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Executive VP & CFO exercised options to buy US$184k worth of stock.

Preferred Bank to Report Q4, 2023 Results on Jan 24, 2024

Upcoming dividend of US$0.70 per share at 3.8% yield

Price target increased by 8.7% to US$77.75

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

Preferred Bank to Report Q3, 2023 Results on Oct 17, 2023

Upcoming dividend of US$0.55 per share at 3.5% yield

Price target increased by 7.1% to US$71.25

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

Preferred Bank to Report Q2, 2023 Results on Jul 19, 2023

Upcoming dividend of US$0.55 per share at 4.0% yield

Preferred Bank Announces Quarterly Cash Dividend, Payable on July 21, 2023

New minor risk - Insider selling

Chairman recently sold US$280k worth of stock

Investor sentiment improves as stock rises 17%

Price target decreased by 8.3% to US$72.00

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

Price target decreased by 10% to US$75.00

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Price target decreased by 11% to US$78.50

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

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Preferred Bank to Report Q4, 2022 Results on Jan 18, 2023

Independent Director recently sold US$604k worth of stock

Upcoming dividend of US$0.55 per share

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

Preferred Bank Reports Quarterly Cash Dividend, Payable on January 20, 2023

Independent Vice Chairman of the Board recently sold US$151k worth of stock

Independent Vice Chairman of the Board recently sold US$76k worth of stock

Insufficient new directors

Independent Vice Chairman of the Board recently sold US$75k worth of stock

Independent Director recently sold US$1.5m worth of stock

Third quarter 2022 earnings: Revenues exceed analyst expectations

Preferred Bank to Report Q3, 2022 Results on Oct 19, 2022

Upcoming dividend of US$0.43 per share

Preferred Bank Declares Quarterly Cash Dividend, Payable on October 21, 2022

Preferred Bank declares $0.43 dividend

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

Independent Director recently sold US$373k worth of stock

Independent Director recently sold US$107k worth of stock

Independent Director recently sold US$212k worth of stock

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

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

Preferred Bank to Report Q2, 2022 Results on Jul 20, 2022

Independent Director recently sold US$103k worth of stock

Upcoming dividend of US$0.43 per share

Preferred Bank Declares Quarterly Cash Dividend, Payable on July 21, 2022

Preferred Bank (NasdaqGS:PFBC) announces an Equity Buyback for $32 million worth of its shares.

Preferred Bank: Strong Loan Book, Conservative Underwriting Policy

Preferred Bank Announces Resignation of Shirley Wang from its Board of Directors

Insufficient new directors

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Preferred Bank to Report Q1, 2022 Results on Apr 19, 2022

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

Upcoming dividend of US$0.43 per share

Independent Vice Chairman of the Board recently sold US$61k worth of stock

Executive VP & Deputy COO recently sold US$58k worth of stock

Independent Director recently sold US$340k worth of stock

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

Revenue & Expenses Breakdown
Beta