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Preferred Bank PFBC
Financial Services - Banks - Regional - NASDAQ - US
Watchlist
$ 93.67
-0.983 %
$ 1.25 B
Market Cap
9.15
P/E
1. INTRINSIC VALUE

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 in the United States. 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. It also provides real estate mortgage loans that are secured by retail, industrial, office, special purpose, and residential single and multi-family properties; real estate construction loans; and commercial loans comprising lines of credit for working capital, term loans for capital expenditures, and commercial and stand-by letters of credit; and SBA loans.[ Read More ]

The intrinsic value of one PFBC stock under the base case scenario is HIDDEN Compared to the current market price of 93.7 USD, Preferred Bank is HIDDEN

PFBC Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart PFBC

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FINANCIALS
276 M REVENUE
8.33%
Growth Rates
1Year 8.33%
3Years 15.21%
5Years 11.07%
7Years 14.20%
10Years 15.64%
211 M OPERATING INCOME
-6.89%
Growth Rates
1Year -6.89%
3Years 29.56%
5Years 8.57%
7Years 15.16%
10Years 18.31%
150 M NET INCOME
16.45%
Growth Rates
1Year 16.45%
3Years 29.26%
5Years 16.14%
7Years 22.44%
10Years 22.83%
175 M OPERATING CASH FLOW
21.73%
Growth Rates
1Year 21.73%
3Years 19.03%
5Years 12.06%
7Years 18.73%
10Years 18.11%
-98 M INVESTING CASH FLOW
85.99%
Growth Rates
1Year 85.99%
3Years 32.50%
5Years 24.87%
7Years 21.43%
10Years 2.83%
66 M FINANCING CASH FLOW
-75.84%
Growth Rates
1Year -75.84%
3Years -46.83%
5Years -28.70%
7Years -26.55%
10Years -10.14%
131 M REVENUE
0.23%
Growth Rates
1Year 8.33%
3Years 15.21%
5Years 11.07%
7Years 14.20%
10Years 15.64%
47 M OPERATING INCOME
-0.69%
Growth Rates
1Year -6.89%
3Years 29.56%
5Years 8.57%
7Years 15.16%
10Years 18.31%
33.6 M NET INCOME
0.38%
Growth Rates
1Year 16.45%
3Years 29.26%
5Years 16.14%
7Years 22.44%
10Years 22.83%
25.8 M OPERATING CASH FLOW
-40.38%
Growth Rates
1Year 21.73%
3Years 19.03%
5Years 12.06%
7Years 18.73%
10Years 18.11%
-108 M INVESTING CASH FLOW
-38.09%
Growth Rates
1Year 85.99%
3Years 32.50%
5Years 24.87%
7Years 21.43%
10Years 2.83%
63.4 M FINANCING CASH FLOW
4.31%
Growth Rates
1Year -75.84%
3Years -46.83%
5Years -28.70%
7Years -26.55%
10Years -10.14%
Balance Sheet Decomposition Preferred Bank
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Current Assets 1.88 B
Cash & Short-Term Investments 911 M
Receivables 0
Other Current Assets 964 M
Non-Current Assets 5.71 B
Long-Term Investments 80.6 M
PP&E 31.7 M
Other Non-Current Assets 5.59 B
Current Liabilities 5.65 B
Accounts Payable 16.1 M
Short-Term Debt 4.9 M
Other Current Liabilities 5.63 B
Non-Current Liabilities 323 M
Long-Term Debt 168 M
Other Non-Current Liabilities 155 M
EFFICIENCY
Earnings Waterfall Preferred Bank
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Revenue 276 M
Cost Of Revenue -206 M
Gross Profit 482 M
Operating Expenses 293 M
Operating Income 211 M
Other Expenses 60.6 M
Net Income 150 M
RATIOS
174.81% GROSS MARGIN
174.81%
Averages
1Year 174.81%
3Years 124.94%
5Years 114.96%
7Years 110.69%
10Years 107.48%
76.43% OPERATING MARGIN
76.43%
Averages
1Year 76.43%
3Years 78.16%
5Years 70.68%
7Years 74.20%
10Years 72.70%
54.44% NET MARGIN
54.44%
Averages
1Year 54.44%
3Years 51.43%
5Years 47.74%
7Years 44.91%
10Years 41.40%
21.59% ROE
21.59%
Averages
1Year 21.59%
3Years 19.42%
5Years 17.63%
7Years 16.77%
10Years 15.13%
2.25% ROA
2.25%
Averages
1Year 2.25%
3Years 1.94%
5Years 1.77%
7Years 1.67%
10Years 1.52%
17.75% ROIC
17.75%
Averages
1Year 17.75%
3Years 17.14%
5Years 15.24%
7Years 15.47%
10Years 14.39%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Preferred Bank
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Net Income 150 M
Depreciation & Amortization 1.72 M
Capital Expenditures -2.42 M
Stock-Based Compensation 5.81 M
Change in Working Capital -1.04 M
Others 20.6 M
Free Cash Flow 173 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Preferred Bank
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Wall Street analysts predict an average 1-year price target for PFBC of $98 , with forecasts ranging from a low of $94 to a high of $105 .
PFBC Lowest Price Target Wall Street Target
94 USD 0.35%
PFBC Average Price Target Wall Street Target
98 USD 4.62%
PFBC Highest Price Target Wall Street Target
105 USD 12.10%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.7 USD DIVIDEND PER SHARE
5. COMPETITION

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QCR Holdings, Inc., a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. Its deposit products include noninterest-bearing demand, interest-bearing demand, time, and brokered deposits.

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Undervalued 3.15%

Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits.

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Overvalued 25.08%

Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack-Gladstone Bank that provides private banking and wealth management services in the United States.

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Undervalued 65.71%
6. Ownership
Insider Ownership Preferred Bank
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Preferred Bank (PFBC) Q3 2024 Earnings Call Transcript Preferred Bank (NASDAQ:PFBC ) Q3 2024 Earnings Call Transcript October 21, 2024 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 Conference Call Participants Matthew Clark - Piper Sandler Andrew Terrell - Stephens Gary Tenner - D.A. Davidson David Feaster - Raymond James Operator Good day, and welcome to the Preferred Bank Third Quarter 2024 Earnings Conference Call. seekingalpha.com - 3 weeks ago
Preferred Bank (PFBC) Q3 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 September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 3 weeks ago
Preferred Bank (PFBC) Q3 Earnings and Revenues Surpass Estimates Preferred Bank (PFBC) came out with quarterly earnings of $2.46 per share, beating the Zacks Consensus Estimate of $2.39 per share. This compares to earnings of $2.71 per share a year ago. zacks.com - 3 weeks ago
Preferred Bank Announces 2024 Third Quarter Earnings Release and Conference Call LOS ANGELES, Oct. 15, 2024 (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 third quarter ended September 30, 2024 before the open of market on Monday, October 21, 2024. 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. globenewswire.com - 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. zacks.com - 1 month ago
GOP's preferred bank, Chain Bridge, valued at $141 mln in lukewarm NYSE debut Chain Bridge Bancorp , the Republican Party's top banking choice, was valued at $141.2 million after its shares opened in line with the offer price in their debut on the New York Stock Exchange on Friday. reuters.com - 1 month ago
Preferred Bank Announces Quarterly Cash Dividend LOS ANGELES, Sept. 19, 2024 (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 of $0.70 per share, payable on October 21, 2024 to holders of record on October 7, 2024. globenewswire.com - 1 month ago
Preferred Bank Gets Regulatory Nod to Continue Share Repurchase Plan PFBC receives regulatory approval to buy back the remaining $77.5 million worth of authorization. The approval is set to expire in February 2025. zacks.com - 2 months ago
Preferred Bank Announces Approval to Continue Share Repurchase Plan LOS ANGELES, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, today announced that the Bank has received regulatory approval to continue its shareholder-approved $150 million stock Repurchase Plan, (“the Plan”). Thus far in the Plan, the Bank has repurchased $72.5 million of its common stock over the latter half of 2023 and into 2024, however regulatory approval expired in July of 2024. globenewswire.com - 2 months ago
Preferred Bank: Solid Upside Should Continue Despite Some Weaknesses Preferred Bank shares have outperformed the market slightly, up 10.1% in recent months. Despite some weaknesses in financial results, deposit, and loan growth have powered the bank to greater heights. Shares are attractively priced relative to earnings, with high-quality assets and low debt, making the company a sensible 'buy'. seekingalpha.com - 2 months ago
Preferred Bank (PFBC) Q2 2024 Earnings Call Transcript Preferred Bank (NASDAQ:PFBC ) Q2 2024 Earnings Conference Call July 26, 2024 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 - Chief Credit Officer Conference Call Participants Matthew Clark - Piper Sandler Andrew Terrell - Stephens Gary Tenner - D.A. Davidson Eric Spector - Raymond James Operator Good afternoon, and welcome to the Preferred Bank Second Quarter 2024 Earnings Conference Call. seekingalpha.com - 3 months ago
Preferred Bank (PFBC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates While the top- and bottom-line numbers for Preferred Bank (PFBC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 3 months ago
8. Profile Summary

Preferred Bank PFBC

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 1.25 B
Dividend Yield 0.00%
Description 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 in the United States. 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. It also provides real estate mortgage loans that are secured by retail, industrial, office, special purpose, and residential single and multi-family properties; real estate construction loans; and commercial loans comprising lines of credit for working capital, term loans for capital expenditures, and commercial and stand-by letters of credit; and SBA loans. In addition, the company offers trade finance services, including commercial and export letters of credit, import lines of credit, documentary collections, international wire transfers, acceptances/trust receipt financing products, export financing, documentary collections, and bills purchase programs. Further, it provides various high-wealth banking services to wealthy individuals residing in the Pacific Rim area; and remote deposit capture, and online and mobile banking services. Additionally, the company offers various banking services to physicians, accountants, attorneys, business managers, and other professionals; and safe deposit boxes, account reconciliation, courier service, and cash management services to the manufacturing, service, and distribution companies. As of December 31, 2021, it had eleven full-service branch offices in Alhambra, Century City, City of Industry, Torrance, Arcadia, Irvine, Diamond Bar, Pico Rivera, Tarzana, and San Francisco; and one branch in Flushing, New York. The company was incorporated in 1991 and is headquartered in Los Angeles, California.
Contact 601 South Figueroa Street, Los Angeles, CA, 90017 https://www.preferredbank.com
IPO Date Aug. 19, 1999
Employees 300
Officers Mr. Robert J. Kosof Executive Vice President of Commercial Lending Mr. Nick Pi Executive Vice President & Chief Credit Officer Ms. Sandy Ho Executive Vice President & Regional Manager Erika Chi Executive Vice President Mr. Li Yu Chairman, Chief Executive Officer & Corporate Secretary Mr. Wellington Chen President & Chief Operating Officer Ms. Stella Chen Senior Vice President Mr. Ted Hsu Executive Vice President Mr. Edward J. Czajka Executive Vice President & Chief Financial Officer Mr. Johnny Hsu Executive Vice President & Deputy Chief Operating Officer