Shares of Preferred Bank (NASDAQ:PFBC – Get Free Report) have been given an average recommendation of “Hold” by the seven research firms that are presently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $106.25.
A number of research firms recently weighed in on PFBC. Weiss Ratings raised shares of Preferred Bank from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, June 8th. Stephens boosted their price target on shares of Preferred Bank from $100.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Thursday. Finally, Piper Sandler increased their price objective on shares of Preferred Bank from $105.00 to $111.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th.
Read Our Latest Research Report on PFBC
Preferred Bank Price Performance
Preferred Bank (NASDAQ:PFBC – Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $73.47 million for the quarter, compared to the consensus estimate of $73.60 million. Preferred Bank had a net margin of 26.54% and a return on equity of 17.27%. As a group, equities research analysts forecast that Preferred Bank will post 10.7 EPS for the current fiscal year.
Preferred Bank Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 3.2%. The ex-dividend date was Tuesday, July 7th. Preferred Bank’s dividend payout ratio is presently 29.25%.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC grew its stake in Preferred Bank by 1,224.0% in the second quarter. EverSource Wealth Advisors LLC now owns 331 shares of the bank’s stock valued at $29,000 after purchasing an additional 306 shares in the last quarter. Quarry LP raised its stake in shares of Preferred Bank by 1,992.0% during the 3rd quarter. Quarry LP now owns 523 shares of the bank’s stock worth $47,000 after purchasing an additional 498 shares in the last quarter. Johnson Financial Group Inc. acquired a new stake in shares of Preferred Bank in the 3rd quarter valued at approximately $70,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Preferred Bank in the 4th quarter valued at approximately $91,000. Finally, Clearstead Advisors LLC grew its stake in shares of Preferred Bank by 192.1% in the fourth quarter. Clearstead Advisors LLC now owns 1,072 shares of the bank’s stock valued at $101,000 after buying an additional 705 shares in the last quarter. 72.77% of the stock is currently owned by institutional investors.
More Preferred Bank News
Here are the key news stories impacting Preferred Bank this week:
- Positive Sentiment: Preferred Bank reported Q2 2026 EPS of $2.78, beating the consensus estimate of $2.65 and rising from $2.52 a year ago, suggesting stronger profitability. Article Title
- Positive Sentiment: The bank said net income increased to $33.5 million, helped by a $4.7 million sequential increase in net interest income, indicating improved core banking performance. Article Title
- Positive Sentiment: Commentary from the earnings call highlighted strong loan growth and improved asset quality, which can support investor confidence in future earnings stability. Article Title
- Neutral Sentiment: Revenue of $73.47 million was slightly below the consensus estimate of $73.60 million, so top-line results were essentially mixed. Article Title
- Neutral Sentiment: One market recap described the quarter as broadly in line with expectations, suggesting the stock may also be influenced by the balance between the EPS beat and modest revenue shortfall. Article Title
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.
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