Preferred BankPFBC
PFBC
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
6% more capital invested
Capital invested by funds: $849M [Q2] → $897M (+$48.6M) [Q3]
3% more funds holding
Funds holding: 209 [Q2] → 215 (+6) [Q3]
0.49% less ownership
Funds ownership: 76.44% [Q2] → 75.94% (-0.49%) [Q3]
9% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 78
96% less call options, than puts
Call options by funds: $16K | Put options by funds: $401K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$100
11%
upside
Avg. target
$101
11%
upside
High target
$101
12%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Stephens & Co. Andrew Terrell 86% 1-year accuracy 24 / 28 met price target | 11%upside $100 | Equal-Weight Reiterated | 30 Jan 2025 |
DA Davidson Gary Tenner 80% 1-year accuracy 39 / 49 met price target | 12%upside $101 | Neutral Maintained | 29 Jan 2025 |
Financial journalist opinion
Based on 10 articles about PFBC published over the past 30 days
Neutral
GlobeNewsWire
7 hours ago
Preferred Bank Announces Fire Relief Donations
LOS ANGELES, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (the “Bank”) one of the larger independent California banks, today reported that the Board of Directors had approved a significant donation to benefit fire relief efforts on the Los Angeles area.
Neutral
Seeking Alpha
2 days ago
Preferred Bank (PFBC) Q4 2024 Earnings Call Transcript
Preferred Bank (NASDAQ:PFBC ) Q4 2024 Earnings Conference Call January 28, 2025 2:00 PM ET Company Participants Jeff Haas - Financial Profiles Li Yu - Chairman and CEO Edward Czajka - CFO Wellington Chen - President and COO Nick Pi - CCO Johnny Hsu - Deputy Chief Operating Officer Conference Call Participants Andrew Terrell - Stephens Matthew Clark - Piper Sandler Gary Tenner - D.A. Davidson Tim Coffey - Janney David Feaster - Raymond James Operator Good day, and welcome to the Preferred Bank Fourth Quarter 2024 Earnings Call.
Positive
Zacks Investment Research
3 days ago
Preferred Bank (PFBC) Reports Q4 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Preferred Bank (PFBC) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Negative
Zacks Investment Research
3 days ago
Preferred Bank (PFBC) Misses Q4 Earnings Estimates
Preferred Bank (PFBC) came out with quarterly earnings of $2.25 per share, missing the Zacks Consensus Estimate of $2.42 per share. This compares to earnings of $2.60 per share a year ago.
Neutral
GlobeNewsWire
3 days ago
Preferred Bank Reports Fourth Quarter and Annual Results
LOS ANGELES, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended December 31, 2024. Preferred Bank (“the Bank”) reported net income of $30.2 million or $2.25 per diluted share for the fourth quarter of 2024. This represents a decrease in net income of $3.2 million from the prior quarter and a decrease of $5.6 from the same quarter last year. The decrease compared to both periods was mainly due to a one-time $8.1 million increase in occupancy expense this quarter due to the previously disclosed error in the calculation of ASC 842, Accounting for Leases. As previously disclosed, this calculation error goes back to the adoption of ASC 842 in 2019 and the $8.1 million item represents the cumulative erroneous calculation through the years from 2019 to present.
Positive
Zacks Investment Research
1 week ago
Ahead of Preferred Bank (PFBC) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Preferred Bank (PFBC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Negative
Zacks Investment Research
1 week 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.
Positive
Zacks Investment Research
2 weeks ago
Down -11.86% in 4 Weeks, Here's Why You Should You Buy the Dip in Preferred Bank (PFBC)
Preferred Bank (PFBC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Neutral
GlobeNewsWire
2 weeks ago
Preferred Bank Announces 2024 Fourth Quarter Earnings Release and Conference Call
LOS ANGELES, Jan. 10, 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 December 31, 2024 after the close of market on Monday, January 27, 2025. On the following day, Tuesday, January 28, 2025, 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.
Negative
Zacks Investment Research
3 weeks ago
Focus on 3 Stocks That Announced Dividend Hikes Amid Market Volatility
OZK, PFBC and MOS recently announced dividend hikes.
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