Preferred BankPFBC
PFBC
About: Preferred Bank is a commercial bank located in California. Its products and services are divided into Personal Banking, Business Banking, and Commercial Banking which includes Checking accounts, Savings accounts, CDs, Loans and Credit, Electronic banking, and Treasury Management. It provides personalized deposit services, real estate finance, commercial loans, and trade finance credit facilities to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high-net-worth individuals. The bank generates a majority of its revenue from Southern and Northern California and Flushing.
Employees: 323
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
11% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 19
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]
0% less funds holding
Funds holding: 220 [Q4 2024] → 219 (-1) [Q1 2025]
5% less capital invested
Capital invested by funds: $994M [Q4 2024] → $950M (-$44.9M) [Q1 2025]
1.05% less ownership
Funds ownership: 77.25% [Q4 2024] → 76.19% (-1.05%) [Q1 2025]
15% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 85
95% less call options, than puts
Call options by funds: $42K | Put options by funds: $853K
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$90
10%
upside
Avg. target
$92
13%
upside
High target
$96
17%
upside
3 analyst ratings
1 positive
33%
2 neutral
67%
0 negative
0%
Piper Sandler Matthew Clark | 17%upside $96 | Overweight Maintained | 29 Apr 2025 |
Stephens & Co. Andrew Terrell | 11%upside $91 | Equal-Weight Reiterated | 29 Apr 2025 |
DA Davidson Gary Tenner | 10%upside $90 | Neutral Maintained | 28 Apr 2025 |
Financial journalist opinion
Neutral
GlobeNewsWire
1 month ago
Preferred Bank Announces New Chief Risk Officer
LOS ANGELES, May 09, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has named Nick Pi to the position of Executive Vice President and Chief Risk Officer. Mr. Pi has served as the Bank's Chief Credit Officer since 2015 and will continue to oversee the credit function. Mr. Pi will now also oversee the BSA and Compliance Departments as well.
Neutral
Seeking Alpha
1 month ago
Preferred Bank (PFBC) Q1 2025 Earnings Call Transcript
Preferred Bank (NASDAQ:PFBC ) Q1 2025 Earnings Conference Call April 25, 2025 2:00 PM ET Company Participants Jeff Haas - IR, Financial Profiles Li Yu - Chairman and CEO Edward Czajka - CFO Nick Pi - CCO Wellington Chen - President and COO Conference Call Participants Matthew Clark - Piper Sandler Andrew Terrell - Stephens Gary Tenner - D.A. Davidson Tim Coffey - Janney Operator Good day, and welcome to the Preferred Bank First Quarter 2025 Earnings Conference Call.
Positive
Seeking Alpha
1 month ago
Preferred Bank Remains A Preferred Candidate
Preferred Bank has faced mixed performance recently but remains attractive due to strong asset quality and a favorable price-to-earnings ratio. Despite a recent 4.3% decline, the stock is up 23.2% since July 2023, outperforming the broader market. The bank's niche in the Chinese-American market and solid financial fundamentals justify maintaining a 'buy' rating.
Neutral
Zacks Investment Research
1 month ago
Preferred Bank (PFBC) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Preferred Bank (PFBC) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
1 month ago
Preferred Bank (PFBC) Q1 Earnings and Revenues Miss Estimates
Preferred Bank (PFBC) came out with quarterly earnings of $2.23 per share, missing the Zacks Consensus Estimate of $2.33 per share. This compares to earnings of $2.44 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Preferred Bank Reports First Quarter Results
LOS ANGELES, April 25, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended March 31, 2025. Preferred Bank (“the Bank”) reported net income of $30.0 million or $2.23 per diluted share for the first quarter of 2025. This represents a small decrease in net income of $197,000 from the prior quarter and a decrease of $3.4 million from the same quarter last year. The decrease compared to both periods was mainly due to a decrease in net interest income. In the first quarter of 2025, the incremental impact to interest income from loans placed on nonaccrual status was approximately $2.8 million. In addition, a property securing one of our loans was damaged in the Palisades fire in January and as a result, the Bank has reversed out the $208,000 interest receivable on this loan although we expect to recoup this amount after the property is sold. In addition to a lowering of overall interest rates, these were the main factors in the decrease in net interest income.
Negative
Zacks Investment Research
1 month ago
Analysts Estimate Preferred Bank (PFBC) to Report a Decline in Earnings: What to Look Out for
Preferred Bank (PFBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
2 months ago
Preferred Bank Announces 2025 First Quarter Earnings Release and Conference Call
LOS ANGELES, April 14, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the fourth quarter ended March 31, 2025 before the open of market on Friday, April 25, 2025. That same day, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet.
Positive
Zacks Investment Research
2 months ago
Preferred Bank (PFBC) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Preferred Bank (PFBC) have what it takes?
Neutral
GlobeNewsWire
2 months ago
Preferred Bank Announces Dividend Increase
LOS ANGELES, March 19, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend to $0.75 per share, payable on April 21, 2025 to holders of record on April 7, 2025.
Charts implemented using Lightweight Charts™