Q1 EPS Estimates for Preferred Bank Raised by DA Davidson

Preferred Bank (NASDAQ:PFBC) – Research analysts at DA Davidson lifted their Q1 2025 earnings per share (EPS) estimates for Preferred Bank in a report issued on Wednesday, April 2nd. DA Davidson analyst G. Tenner now anticipates that the bank will post earnings per share of $2.29 for the quarter, up from their previous forecast of $2.28. DA Davidson currently has a “Neutral” rating and a $101.00 target price on the stock. The consensus estimate for Preferred Bank’s current full-year earnings is $9.81 per share. DA Davidson also issued estimates for Preferred Bank’s FY2026 earnings at $10.07 EPS.

Preferred Bank (NASDAQ:PFBC) last released its earnings results on Monday, January 27th. The bank reported $2.25 earnings per share for the quarter, missing the consensus estimate of $2.42 by ($0.17). Preferred Bank had a net margin of 25.00% and a return on equity of 17.80%.

Several other equities analysts have also recently commented on PFBC. Stephens reissued an “equal weight” rating and issued a $100.00 price target on shares of Preferred Bank in a research report on Thursday, January 30th. Piper Sandler lifted their target price on Preferred Bank from $101.00 to $111.00 and gave the company an “overweight” rating in a report on Friday, January 31st.

Preferred Bank Trading Down 1.8 %

Shares of PFBC stock opened at $76.01 on Thursday. Preferred Bank has a fifty-two week low of $70.99 and a fifty-two week high of $99.78. The company has a 50 day moving average price of $86.53 and a 200 day moving average price of $86.85. The stock has a market capitalization of $1.10 billion, a P/E ratio of 7.89 and a beta of 0.71. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.08.

Institutional Investors Weigh In On Preferred Bank

A number of large investors have recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Preferred Bank during the fourth quarter worth $209,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Preferred Bank in the 4th quarter valued at about $1,246,000. Jefferies Financial Group Inc. purchased a new position in shares of Preferred Bank in the 4th quarter valued at about $1,407,000. Squarepoint Ops LLC lifted its stake in Preferred Bank by 31.5% during the fourth quarter. Squarepoint Ops LLC now owns 21,261 shares of the bank’s stock worth $1,837,000 after purchasing an additional 5,098 shares during the last quarter. Finally, Nuveen Asset Management LLC boosted its holdings in Preferred Bank by 0.3% in the fourth quarter. Nuveen Asset Management LLC now owns 468,759 shares of the bank’s stock valued at $40,491,000 after purchasing an additional 1,443 shares in the last quarter. 72.77% of the stock is owned by hedge funds and other institutional investors.

Preferred Bank Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 21st. Investors of record on Monday, April 7th will be paid a $0.75 dividend. The ex-dividend date is Monday, April 7th. This represents a $3.00 dividend on an annualized basis and a yield of 3.95%. Preferred Bank’s dividend payout ratio is currently 31.15%.

About Preferred Bank

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.