Preferred Bank

Preferred Bank (PFBC)

$47.04

+0.92

(+1.99%)

Market is closed - opens 7 PM, 02 Jun 2023

Insights on Preferred Bank

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 74.10M → 72.64M (in $), with an average decrease of 2.0% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 39.56M → 38.07M (in $), with an average decrease of 3.8% per quarter

  • Vs DB

    In the last 1 year, Preferred Bank Los Angeles, CA has experienced a drawdown of -31.3%, however Deutsche Bank AG - Registered Shares resisted the overall trend and outperformed by 23.6%

Performance

  • $45.90
    $47.63
    $47.04
    downward going graph

    2.42%

    Downside

    Day's Volatility :3.63%

    Upside

    1.24%

    downward going graph
  • $42.42
    $75.57
    $47.04
    downward going graph

    9.82%

    Downside

    52 Weeks Volatility :43.87%

    Upside

    37.75%

    downward going graph

Returns

PeriodPreferred BankSector (Financials)Index (Russel 2000)
3 Months
-34.58%
-10.8%
-6.8%
6 Months
-38.81%
-12.0%
-6.0%
1 Year
-31.33%
-9.0%
-4.6%
3 Years
23.58%
34.1%
25.9%

Highlights

Market Capitalization
688.7M
Book Value
$45.49
Dividend Share
1.96
Dividend Yield
4.58%
Earnings Per Share (EPS)
9.57
PE Ratio
4.99
PEG Ratio
1.83
Wall Street Target Price
66.5
Profit Margin
53.85%
Operating Margin TTM
76.04%
Return On Assets TTM
2.24%
Return On Equity TTM
22.51%
Revenue TTM
261.6M
Revenue Per Share TTM
18.05
Quarterly Revenue Growth YOY
37.3%
Gross Profit TTM
242.0M
Diluted Eps TTM
9.57
Quarterly Earnings Growth YOY
0.5
EPS Estimate Current Year
9.55
EPS Estimate Next Year
8.51
EPS Estimate Current Quarter
2.56
EPS Estimate Next Quarter
2.41

Analyst Recommendation

Buy
    72%Buy
    27%Hold
    0
    0%Sell
Based on 11 Wall street analysts offering stock ratings for Preferred Bank(by analysts ranked 0 to 5 stars)
Based on 11 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
8
8
8
Hold
3
3
3
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 41.37%

Current $47.04
Target $66.50

Company Financials

FY17Y/Y Change
Revenue
135.0M
↑ 24.03%
Net Income
43.4M
↑ 19.32%
Net Profit Margin
32.15%
↓ 1.27%
FY18Y/Y Change
Revenue
163.0M
↑ 20.78%
Net Income
71.0M
↑ 63.6%
Net Profit Margin
43.55%
↑ 11.4%
FY19Y/Y Change
Revenue
170.9M
↑ 4.83%
Net Income
78.4M
↑ 10.39%
Net Profit Margin
45.86%
↑ 2.31%
FY20Y/Y Change
Revenue
180.2M
↑ 5.46%
Net Income
69.5M
↓ 11.36%
Net Profit Margin
38.55%
↓ 7.31%
FY21Y/Y Change
Revenue
193.6M
↑ 7.44%
Net Income
95.2M
↑ 37.1%
Net Profit Margin
49.19%
↑ 10.64%
FY22Y/Y Change
Revenue
254.4M
↑ 31.39%
Net Income
128.8M
↑ 35.28%
Net Profit Margin
50.65%
↑ 1.46%
Q4 FY21Q/Q Change
Revenue
51.4M
↑ 1.67%
Net Income
26.4M
↑ 1.06%
Net Profit Margin
51.42%
↓ 0.31%
Q1 FY22Q/Q Change
Revenue
52.3M
↑ 1.78%
Net Income
26.0M
↓ 1.49%
Net Profit Margin
49.77%
↓ 1.65%
Q2 FY22Q/Q Change
Revenue
59.0M
↑ 12.86%
Net Income
28.1M
↑ 7.85%
Net Profit Margin
47.55%
↓ 2.22%
Q3 FY22Q/Q Change
Revenue
69.0M
↑ 16.86%
Net Income
35.2M
↑ 25.37%
Net Profit Margin
51.02%
↑ 3.47%
Q4 FY22Q/Q Change
Revenue
74.1M
↑ 7.43%
Net Income
39.6M
↑ 12.42%
Net Profit Margin
53.39%
↑ 2.37%
Q1 FY23Q/Q Change
Revenue
72.6M
↓ 1.96%
Net Income
38.1M
↓ 3.76%
Net Profit Margin
52.41%
↓ 0.98%
FY17Y/Y Change
Total Assets
3.8B
↑ 17.02%
Total Liabilities
3.4B
↑ 16.8%
FY18Y/Y Change
Total Assets
4.2B
↑ 11.85%
Total Liabilities
3.8B
↑ 11.27%
FY19Y/Y Change
Total Assets
4.6B
↑ 9.77%
Total Liabilities
4.2B
↑ 9.44%
FY20Y/Y Change
Total Assets
5.1B
↑ 11.13%
Total Liabilities
4.6B
↑ 11.06%
FY21Y/Y Change
Total Assets
6.0B
↑ 17.55%
Total Liabilities
5.5B
↑ 18.22%
FY22Y/Y Change
Total Assets
6.4B
↑ 6.27%
Total Liabilities
5.8B
↑ 6.14%
Q4 FY21Q/Q Change
Total Assets
6.0B
↑ 1.11%
Total Liabilities
5.5B
↑ 0.77%
Q1 FY22Q/Q Change
Total Assets
6.1B
↑ 1.59%
Total Liabilities
5.5B
↑ 1.6%
Q2 FY22Q/Q Change
Total Assets
6.2B
↑ 1.48%
Total Liabilities
5.6B
↑ 1.7%
Q3 FY22Q/Q Change
Total Assets
6.3B
↑ 0.96%
Total Liabilities
5.7B
↑ 1.08%
Q4 FY22Q/Q Change
Total Assets
6.4B
↑ 2.11%
Total Liabilities
5.8B
↑ 1.62%
Q1 FY23Q/Q Change
Total Assets
6.5B
↑ 0.56%
Total Liabilities
5.8B
↑ 0.17%
FY17Y/Y Change
Operating Cash Flow
53.2M
↑ 1.05%
Investing Cash Flow
-389.5M
↓ 26.54%
Financing Cash Flow
487.8M
↓ 14.75%
FY18Y/Y Change
Operating Cash Flow
99.0M
↑ 86.18%
Investing Cash Flow
-409.5M
↑ 5.13%
Financing Cash Flow
357.9M
↓ 26.63%
FY19Y/Y Change
Operating Cash Flow
86.8M
↓ 12.38%
Investing Cash Flow
-457.1M
↑ 11.63%
Financing Cash Flow
303.5M
↓ 15.21%
FY20Y/Y Change
Operating Cash Flow
103.8M
↑ 19.6%
Investing Cash Flow
-318.8M
↓ 30.26%
Financing Cash Flow
438.8M
↑ 44.6%
FY21Y/Y Change
Operating Cash Flow
119.6M
↑ 15.29%
Investing Cash Flow
-620.0M
↑ 94.5%
Financing Cash Flow
791.5M
↑ 80.37%
Q4 FY21Q/Q Change
Operating Cash Flow
29.2M
↓ 29.02%
Investing Cash Flow
532.8M
↓ 332.41%
Financing Cash Flow
26.0M
↓ 93.05%
Q1 FY22Q/Q Change
Operating Cash Flow
32.2M
↑ 10.28%
Investing Cash Flow
-174.3M
↓ 132.72%
Financing Cash Flow
76.7M
↑ 194.97%
Q2 FY22Q/Q Change
Operating Cash Flow
29.8M
↓ 7.42%
Investing Cash Flow
-325.2M
↑ 86.53%
Financing Cash Flow
78.9M
↑ 2.84%
Q3 FY22Q/Q Change
Operating Cash Flow
45.2M
↑ 51.78%
Investing Cash Flow
-86.8M
↓ 73.3%
Financing Cash Flow
22.4M
↓ 71.59%

Technicals Summary

Sell

Neutral

Buy

Preferred Bank is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Preferred Bank
Preferred Bank
-2.12%
-38.81%
-31.33%
23.58%
-28.13%
PNC Financial Services Group, Inc.
PNC Financial Services Group, Inc.
-5.06%
-29.71%
-32.83%
1.01%
-20.18%
U.S. Bancorp
U.S. Bancorp
-9.23%
-34.07%
-42.22%
-18.51%
-41.1%
Truist Financial Corp
Truist Financial Corp
-3.33%
-34.08%
-37.71%
-19.94%
-42.73%
Deutsche Bank AG
Deutsche Bank AG
-6.2%
-2.78%
-7.66%
16.57%
-8.24%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Preferred Bank
Preferred Bank
4.99
4.99
1.83
9.55
0.23
0.02
0.05
45.49
PNC Financial Services Group, Inc.
PNC Financial Services Group, Inc.
8.14
8.14
0.41
13.88
0.13
0.01
0.05
104.78
U.S. Bancorp
U.S. Bancorp
8.2
8.2
0.84
4.64
0.11
0.01
0.06
30.13
Truist Financial Corp
Truist Financial Corp
6.92
6.92
0.88
4.38
0.1
0.01
0.07
41.82
Deutsche Bank AG
Deutsche Bank AG
4.0
4.0
0.12
2.06
0.08
0.0
0.03
35.17
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Preferred Bank
Preferred Bank
Buy
$688.7M
-28.13%
4.99
53.85%
PNC Financial Services Group, Inc.
PNC Financial Services Group, Inc.
Buy
$47.5B
-20.18%
8.14
29.89%
U.S. Bancorp
U.S. Bancorp
Buy
$47.0B
-41.1%
8.2
25.5%
Truist Financial Corp
Truist Financial Corp
Hold
$41.4B
-42.73%
6.92
28.34%
Deutsche Bank AG
Deutsche Bank AG
Buy
$21.2B
-8.24%
4.0
21.46%

Institutional Holdings

  • BlackRock Inc

    9.67%
  • T. Rowe Price Investment Management,Inc.

    7.27%
  • FMR Inc

    6.10%
  • Vanguard Group Inc

    6.05%
  • Dimensional Fund Advisors, Inc.

    4.39%
  • State Street Corporation

    4.21%

Corporate Announcements

  • Preferred Bank Dividends September,2023

    In the quarter ending September,2023. Preferred Bank has declared dividend of $0.55

    Read More

Company Information

Preferred Bank (the 'Bank') is one of the larger independent commercial banks headquartered in California. The Bank is chartered by the State of California, and its deposits are insured by the Federal Deposit Insurance Corporation, or FDIC, to the maximum extent permitted by law. The Bank conducts its banking business from its main office in Los Angeles, California, and through eleven full-service branch banking offices in California (Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Pico Rivera, Tarzana and San Francisco (2)) and one branch in Flushing, New York. Preferred Bank offers a broad range of deposit and loan products and services to both commercial and consumer customers. The Bank provides personalized deposit services as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses, entrepreneurs, real estate developers, professionals and high net worth individuals. Although originally founded as a Chinese-American Bank, Preferred Bank now derives most of its customers from the diversified mainstream market but does continue to benefit from the significant migration to California of ethnic Chinese from China and other areas of East Asia.

Organization
Preferred Bank
Employees
299
CEO
Mr. Li Yu
Industry
Finance

FAQs