Preferred Bank (NASDAQ:PFBC – Get Free Report) will likely be posting its Q2 2026 results before the market opens on Wednesday, July 22nd. Analysts expect Preferred Bank to post earnings of $2.66 per share and revenue of $73.5980 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, July 22, 2026 at 2:00 PM ET.
Preferred Bank (NASDAQ:PFBC – Get Free Report) last released its earnings results on Wednesday, April 22nd. The bank reported $2.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.05. Preferred Bank had a net margin of 26.49% and a return on equity of 17.52%. The company had revenue of $69.62 million during the quarter, compared to analyst estimates of $71.76 million. On average, analysts expect Preferred Bank to post $11 EPS for the current fiscal year and $11 EPS for the next fiscal year.
Preferred Bank Price Performance
NASDAQ PFBC opened at $105.85 on Wednesday. The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 0.45. Preferred Bank has a 12 month low of $81.50 and a 12 month high of $112.26. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of 9.91 and a beta of 0.55. The company’s 50 day moving average is $98.99 and its two-hundred day moving average is $94.42.
Preferred Bank Dividend Announcement
Analyst Ratings Changes
A number of research firms recently weighed in on PFBC. Piper Sandler lifted their target price on shares of Preferred Bank from $105.00 to $111.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Weiss Ratings upgraded Preferred Bank from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Preferred Bank has an average rating of “Hold” and an average price target of $102.00.
Check Out Our Latest Stock Report on Preferred Bank
Institutional Trading of Preferred Bank
A number of large investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC increased its stake in Preferred Bank by 1,224.0% during the second quarter. EverSource Wealth Advisors LLC now owns 331 shares of the bank’s stock worth $29,000 after acquiring an additional 306 shares during the last quarter. Quarry LP raised its holdings in Preferred Bank by 1,992.0% during the 3rd quarter. Quarry LP now owns 523 shares of the bank’s stock valued at $47,000 after buying an additional 498 shares during the period. Johnson Financial Group Inc. purchased a new stake in Preferred Bank during the 3rd quarter valued at $70,000. Kemnay Advisory Services Inc. purchased a new stake in Preferred Bank during the 4th quarter valued at $91,000. Finally, NewEdge Advisors LLC lifted its position in Preferred Bank by 350.7% in the second quarter. NewEdge Advisors LLC now owns 1,316 shares of the bank’s stock worth $114,000 after buying an additional 1,024 shares during the last quarter. 72.77% of the stock is currently owned by institutional investors.
About Preferred Bank
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.
Recommended Stories
- Five stocks we like better than Preferred Bank
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
Receive News & Ratings for Preferred Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Preferred Bank and related companies with MarketBeat.com's FREE daily email newsletter.
