Preferred Bank Financials

PFBC Stock  USD 95.67  1.91  2.04%   
Based on the analysis of Preferred Bank's profitability, liquidity, and operating efficiency, Preferred Bank is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At present, Preferred Bank's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 956.4 M, whereas Net Debt is projected to grow to (705.7 M). Key indicators impacting Preferred Bank's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.570.5444
Sufficiently Up
Slightly volatile
Return On Assets0.02360.0225
Sufficiently Up
Slightly volatile
Return On Equity0.230.2159
Notably Up
Slightly volatile
Debt Equity Ratio0.180.2203
Significantly Down
Slightly volatile
Current Ratio0.320.3318
Sufficiently Down
Pretty Stable
The essential information of the day-to-day investment outlook for Preferred Bank includes many different criteria found on its balance sheet. An individual investor should monitor Preferred Bank's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Preferred Bank.

Net Income

157.54 Million

  
Understanding current and past Preferred Bank Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Preferred Bank's financial statements are interrelated, with each one affecting the others. For example, an increase in Preferred Bank's assets may result in an increase in income on the income statement.
Please note, the presentation of Preferred Bank's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Preferred Bank's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Preferred Bank's management manipulating its earnings.

Preferred Bank Stock Summary

Preferred Bank competes with Pacific Premier, Heritage Financial, QCR Holdings, Lakeland Financial, and Peapack Gladstone. 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 was incorporated in 1991 and is headquartered in Los Angeles, California. Preferred Bank operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 279 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS7403674044
CUSIP740367404 740367107
LocationCalifornia; U.S.A
Business Address601 South Figueroa
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.preferredbank.com
Phone213 891 1188
CurrencyUSD - US Dollar

Preferred Bank Key Financial Ratios

Preferred Bank Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.6B5.1B6.0B6.4B6.7B7.0B
Net Debt(378.9M)(621.4M)(860.0M)(578.6M)(742.9M)(705.7M)
Cash498.6M739.5M1.0B747.5M910.9M956.4M
Other Assets3.5B3.8B4.0B4.7B(910.9M)(865.3M)
Total Liab4.2B4.6B5.5B5.8B6.0B6.3B
Total Current Assets757.6M1.0B1.5B1.2B1.9B2.0B
Other Liab36.8M53.3M54.2M38.6M44.4M25.1M
Retained Earnings255.1M301.0M373.0M475.1M592.3M621.9M
Accounts Payable3.3M1.2M715K2.6M16.1M15.3M
Long Term Debt99.2M99.3M147.8M148.0M148.2M74.5M
Inventory(561.4M)(786.8M)(1.1B)(814.8M)(947.1M)(899.8M)
Net Receivables18.3M23.7M14.6M23.6M36.3M38.1M
Short Term Debt2.9M3.8M4.0M4.4M4.9M7.5M
Other Current Liab(3.3M)(5.0M)(4.7M)(7.0M)5.6B5.9B
Net Tangible Assets470.0M522.8M583.7M630.4M725.0M461.5M
Other Current Assets561.4M786.8M1.1B814.8M964.2M642.9M

Preferred Bank Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense62.1M40.1M25.2M47.0M188.6M198.0M
Total Revenue170.9M180.2M193.6M254.4M275.6M289.4M
Gross Profit170.9M180.2M193.6M254.4M481.8M505.8M
Operating Income111.4M96.9M133.8M226.2M210.6M221.2M
Ebit111.4M96.9M133.8M179.2M209.9M220.3M
Ebitda112.7M98.8M135.7M181.1M211.6M222.2M
Income Before Tax111.4M96.9M133.8M179.2M209.9M220.3M
Net Income78.4M69.5M95.2M128.8M150.0M157.5M
Income Tax Expense33.0M27.4M38.6M50.4M59.8M62.8M
Tax Provision33.0M27.4M38.6M50.4M60.9M39.0M
Net Interest Income164.6M174.2M185.9M247.4M294.1M188.0M
Interest Income226.7M214.3M211.0M294.4M451.4M240.6M

Preferred Bank Key Cash Accounts

201920202021202220232024 (projected)
Capital Expenditures6.1M1.5M603K356K2.4M1.5M
Net Income78.4M69.5M95.2M128.8M150.0M157.5M
End Period Cash Flow535.6M759.5M1.1B767.5M910.9M956.4M
Change In Cash(67.1M)223.8M291.1M(283.1M)143.3M150.5M
Free Cash Flow80.7M102.3M119.0M143.4M172.6M181.2M
Depreciation1.3M1.9M1.9M1.9M1.7M1.2M
Other Non Cash Items8.9M30.1M1.5M11.1M23.0M13.0M
Dividends Paid18.3M17.9M21.4M25.1M31.1M32.7M
Change To Inventory1.4M2.3M(5.4M)(5.6M)(5.1M)(4.8M)
Investments(457.1M)(318.8M)(620.0M)(699.9M)(93.0M)(97.6M)
Net Borrowings(20M)(5.0M)(1.3M)47.6M54.8M57.5M
Change To Netincome14.0M35.0M8.1M15.8M18.2M15.6M

Preferred Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Preferred Bank's current stock value. Our valuation model uses many indicators to compare Preferred Bank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Preferred Bank competition to find correlations between indicators driving Preferred Bank's intrinsic value. More Info.
Preferred Bank is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.11  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Preferred Bank is roughly  9.50 . At present, Preferred Bank's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Preferred Bank's earnings, one of the primary drivers of an investment's value.

Preferred Bank Systematic Risk

Preferred Bank's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Preferred Bank volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Preferred Bank correlated with the market. If Beta is less than 0 Preferred Bank generally moves in the opposite direction as compared to the market. If Preferred Bank Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Preferred Bank is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Preferred Bank is generally in the same direction as the market. If Beta > 1 Preferred Bank moves generally in the same direction as, but more than the movement of the benchmark.
This Stock does not participate in any thematic ideas. You can create a thematic portfolio hereView All Thematic Ideas
Today, most investors in Preferred Bank Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Preferred Bank's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Preferred Bank growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.21

At present, Preferred Bank's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Preferred Bank November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Preferred Bank help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Preferred Bank. We use our internally-developed statistical techniques to arrive at the intrinsic value of Preferred Bank based on widely used predictive technical indicators. In general, we focus on analyzing Preferred Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Preferred Bank's daily price indicators and compare them against related drivers.

Complementary Tools for Preferred Stock analysis

When running Preferred Bank's price analysis, check to measure Preferred Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Preferred Bank is operating at the current time. Most of Preferred Bank's value examination focuses on studying past and present price action to predict the probability of Preferred Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Preferred Bank's price. Additionally, you may evaluate how the addition of Preferred Bank to your portfolios can decrease your overall portfolio volatility.
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