Hsbc Holdings PLC Grows Stake in Preferred Bank $PFBC

Hsbc Holdings PLC boosted its holdings in shares of Preferred Bank (NASDAQ:PFBC) by 18.8% during the 1st quarter, Holdings Channel reports. The firm owned 171,757 shares of the bank’s stock after buying an additional 27,169 shares during the period. Hsbc Holdings PLC’s holdings in Preferred Bank were worth $15,606,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in Preferred Bank by 675.6% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 24,417 shares of the bank’s stock valued at $2,395,000 after buying an additional 21,269 shares in the last quarter. Tudor Investment Corp ET AL lifted its holdings in shares of Preferred Bank by 65.0% in the third quarter. Tudor Investment Corp ET AL now owns 27,921 shares of the bank’s stock worth $2,524,000 after buying an additional 10,998 shares in the last quarter. Denali Advisors LLC lifted its holdings in shares of Preferred Bank by 48.0% in the fourth quarter. Denali Advisors LLC now owns 50,600 shares of the bank’s stock worth $4,778,000 after buying an additional 16,400 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its position in shares of Preferred Bank by 86.8% during the first quarter. Y Intercept Hong Kong Ltd now owns 20,539 shares of the bank’s stock worth $1,863,000 after acquiring an additional 9,546 shares during the last quarter. Finally, Jackson Creek Investment Advisors LLC bought a new position in shares of Preferred Bank during the fourth quarter worth $1,754,000. 72.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have issued reports on PFBC shares. Weiss Ratings upgraded shares of Preferred Bank from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 8th. Piper Sandler increased their price objective on shares of Preferred Bank from $105.00 to $111.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $102.00.

Preferred Bank Trading Down 1.1%

PFBC stock opened at $104.89 on Thursday. The firm has a fifty day moving average price of $100.55 and a 200 day moving average price of $94.82. Preferred Bank has a fifty-two week low of $81.50 and a fifty-two week high of $112.26. The firm has a market cap of $1.51 billion, a PE ratio of 9.82 and a beta of 0.55. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.06 and a current ratio of 1.07.

Preferred Bank (NASDAQ:PFBC) last released its quarterly earnings results on Wednesday, July 22nd. The bank reported $2.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.65 by $0.13. Preferred Bank had a net margin of 26.49% and a return on equity of 17.52%. The company had revenue of $73.47 million for the quarter, compared to the consensus estimate of $73.60 million. Sell-side analysts anticipate that Preferred Bank will post 10.68 earnings per share for the current fiscal year.

Preferred Bank Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th were given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Tuesday, July 7th. Preferred Bank’s dividend payout ratio is currently 29.96%.

Preferred Bank News Roundup

Here are the key news stories impacting Preferred Bank this week:

• Positive Sentiment: Preferred Bank reported Q2 EPS of $2.78, topping the Zacks consensus estimate of $2.65 and coming in above the prior-year quarter’s $2.52. Article title: Preferred Bank (PFBC) Q2 Earnings Surpass Estimates
• Positive Sentiment: The bank said net income rose to $33.5 million from both the prior quarter and the year-ago period, helped by a $4.7 million increase in net interest income versus Q1 and a $3.1 million gain year over year. Article title: Preferred Bank Reports Second Quarter Results
• Neutral Sentiment: Revenue came in at $73.47 million, roughly in line with expectations, but slightly below the cited estimate, which may temper enthusiasm somewhat. Article title: Preferred Bank GAAP EPS of $2.78 beats by $0.13, revenue of $73.47M misses by $0.13M
• Neutral Sentiment: Investors are also digesting the earnings call transcript and key-metrics coverage, which may provide more detail on loan growth, margins, and credit quality but did not add a new major surprise in the headlines. Article title: Preferred Bank (PFBC) Q2 2026 Earnings Call Transcript

Preferred Bank Company Profile

Preferred Bank (NASDAQ: PFBC) is a California-chartered commercial bank headquartered in Los Angeles. The institution offers a full range of banking products and services to businesses and individuals, with a particular emphasis on commercial real estate lending, business banking, treasury management and deposit accounts. Preferred Bank operates through branch offices across Southern California and national loan production offices in major U.S. markets.

The bank’s core lending portfolio focuses on commercial real estate acquisition, development and investment properties.