Preferred Bank (PFBC) to Release Earnings on Monday

Preferred Bank (NASDAQ:PFBC) is expected to release its Q2 2025 earnings data before the market opens on Monday, July 21st. Analysts expect Preferred Bank to post earnings of $2.43 per share and revenue of $70.96 million for the quarter.

Preferred Bank (NASDAQ:PFBC) last released its quarterly earnings data on Friday, April 25th. The bank reported $2.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.33 by ($0.10). Preferred Bank had a net margin of 24.87% and a return on equity of 16.88%. The firm had revenue of $65.96 million during the quarter, compared to analysts’ expectations of $70.78 million. During the same quarter in the previous year, the firm posted $2.44 EPS. On average, analysts expect Preferred Bank to post $10 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Preferred Bank Price Performance

PFBC stock opened at $92.61 on Friday. The firm’s 50-day moving average price is $86.05 and its two-hundred day moving average price is $85.09. Preferred Bank has a 12-month low of $71.90 and a 12-month high of $99.78. The stock has a market capitalization of $1.34 billion, a price-to-earnings ratio of 9.83 and a beta of 0.69. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.19.

Preferred Bank declared that its Board of Directors has initiated a stock repurchase plan on Thursday, May 22nd that authorizes the company to buyback $125.00 million in outstanding shares. This buyback authorization authorizes the bank to reacquire up to 10.4% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Preferred Bank Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 22nd. Investors of record on Tuesday, July 8th will be given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 3.24%. The ex-dividend date is Tuesday, July 8th. Preferred Bank’s dividend payout ratio is currently 31.85%.

Analyst Ratings Changes

Several brokerages have recently issued reports on PFBC. DA Davidson dropped their target price on shares of Preferred Bank from $95.00 to $90.00 and set a “neutral” rating on the stock in a research note on Monday, April 28th. Piper Sandler reduced their target price on shares of Preferred Bank from $108.00 to $96.00 and set an “overweight” rating for the company in a report on Tuesday, April 29th. Finally, Stephens reaffirmed an “equal weight” rating and set a $91.00 target price on shares of Preferred Bank in a report on Tuesday, April 29th.

Institutional Investors Weigh In On Preferred Bank

Several institutional investors have recently made changes to their positions in the company. Jane Street Group LLC lifted its holdings in shares of Preferred Bank by 81.0% in the 1st quarter. Jane Street Group LLC now owns 66,428 shares of the bank’s stock worth $5,557,000 after acquiring an additional 29,729 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Preferred Bank by 19.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 25,931 shares of the bank’s stock worth $2,169,000 after buying an additional 4,158 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Preferred Bank by 2.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,266 shares of the bank’s stock worth $608,000 after buying an additional 202 shares during the period. Institutional investors own 72.77% of the company’s stock.

Preferred Bank Company Profile

Preferred Bank provides various commercial banking products and services to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals. The company accepts checking, savings, and money market deposit accounts; fixed-rate and fixed maturity retail, and non-retail certificates of deposit; and individual retirement accounts.